
Another flash crash has occurred for bitcoin (BTC), this time on the Coinbase Pro and Deribit exchanges.
via CoinDesk
CADJPY had a bearish day yesterday. The H4 chart shows that the price is on consolidation. A level of resistance holds the price so far. If the level continues holding the price and produces an H4 bearish reversal candle, the sellers may get an opportunity to go short upon an H4 breakout at yesterday’s lowest low. Let us have a look at the H4 CADJPY chart.
This trade idea was generated by our powerful Elite Swing Trader System.
Free Forex Trade Signals CADJPY – 31st Oct 2019
The chart shows that the price after finding a daily resistance produced two consecutive bearish daily candles. It has found its support at the level of 82.430 and resistance at the level of 82.690. The resistance has already produced a Marubozu bearish candle. However, the candle could not breach yesterday’s lowest low. It may have more consolidation. If the resistance level keeps holding the price and produces an H4 bearish reversal candle and makes an H4 breakout at the level of 82.430, the sellers may go short upon an H1 bearish engulfing candle right at the breakout level. Let us have a look at the summary of the trade…
It is the last day of October. The last day of a month often makes an abrupt move. Keep an eye at the last hour of the London Session. If you have any running trade, try to close it before the London Session ends today. Yes, it may go in your favor as well but it is best to be safe and grabbing pips on your calculation.
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AUDNZD had a bullish day yesterday. The price has been heading towards the North by making an upside breakout upon consolidation on the H4 chart. The price has had consolidation and it seems that it has found its support. The current H4 candle may end up making a breakout at the highest high of the wave. If that happens, an H1 bullish engulfing candle at the breakout level would be the signal to go long on the pair later today. Let us have a look at the H4 AUDNZD chart.
This trade idea was generated by our powerful Elite Swing Trader System.
Free Forex Trade Signals AUDNZD – 30th Oct 2019
The chart shows that the price has been heading towards the North with good buying momentum. The price had a rejection at the level of 1.07975 and had a bounce at the level of 1.07775. As of writing, the current H4 candle has been very bullish and the price has made a breakout on minor time frames. If we get an H1 bullish engulfing candle at the level of 1.07975, the price may head towards the level of 1.08300 with good buying momentum. Let us have a look at the summary of the trade…
The price is at a strong resistance zone as far as the daily chart is concerned. The H4 price action suggests that the price may make a breakout at the daily resistance as well. We must wait to find out how it ends at the end. Meanwhile, the H4 buyers shall set their Take Profit level sensibly and come out with their profit.
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The post Free Forex Trade Signals AUDNZD – 30th Oct 2019 appeared first on Advanced Forex Strategies.