Silent Pips Blog

NASDAQ

Descending triangle 

looking forward to Buy is structure is broken 

✅EUR/CAD 1H Chart Buy

Bounce from a Local Support 

Entry : 1.3492
Targets : 1.3514 / 1.3540 
Stop : 1.3460

✅EUR/USD 1H Chart Buy

Bounce from a Local Support 

Entry : 1.0405
Targets : 1.0426 / 1.0445 / 1.0463
Stop : 1.0375

✅GBP/JPY Buy

Time Frame 1H Chart 
Trading in a Narrow Range !

Entry : 162.95
Targets : 163.19 / 163.39 / 163.64
Stop : 162.40

✅AUD/USD Buy

We could see the pair recovering from the recent drop, bounce back is likely. In case of breakout of resistance level as shown on chart, we could see a bullish rally. 

Time Frame 1H Chart 
Targets: 0.7140 / 0.7195  / 0.7235

✅USD/CAD Sell

Price reached major resistance structure on 4h and daily charts, it broke the support of rising channel on 1h chart, we could see the price dropping. 

Time Frame 4H Chart 
Enter after retest of resistance 
Targets: 1.2835 / 1.2800 / 1.2755 
Stop above resistance

⚠️AUDUSD BUY

1DAY CHART 

prices is currently retesting at a day structure after breaking the resistant trend line at the previous down trend.

 the overall trend of the market has changed to an upward trend. possible further bullish movement after this retest.     

best entry at 0.74169    

 tp1 0.7547  

 tp2 0.76558  

tp3 0.7864

sl 0.73307

EUR/AUD SELL

 Prices currently rejecting a day resistant trendline. further confirmation on a lower time is the bearish engulfment formed after when prices break the bearish triangle. 

Prices also break another support trendline in the 1 hours time further confirming the entry 

. entry @1.4622

 stop loss above resistant zone    

tp1: 1.4542 

tp2: 1.4399

Use good risk management 

✅EUR/GBP Sell

Price broke below bearish flag pattern and horizontal support structure, could drop after breakout confirmation. 

Time Frame 1H Chart 
Entry around 0.8345 
Targets: 0. 8325 / 0.8295 / 0.8250 
Stop 0.8385 

✅EUR/JPY Sell

Price broke below support line of parallel channel ,double top formation formed, we could see it reversing. 

Entry around : 131.70
Targets: 131.40 / 131.00 / 130.60  
Stop 132.30