Silent Pips Blog

✅EUR/GBP Sell

Price is near key structure and daily supply level. Rejected the supply aria on 4h chart and formed double top on 1h chart, could drop from now on. 

Timeframe: 1H Chart 
Entry at 0.8540
Take Profit 1 at 0.8510 
Take Profit 2 at 0.8470
Stop Loss at 0.8590

✅WTI Crude Oil Sell

Price is near major resistance line on 4H and daily time frames, RSI is overbought. Could reverse from no on. 

Timeframe: 4H Chart 
Entry at 71.00 
Take Profit 1 at 70.10 
Take Profit 2 at 68.00 
Take Profit 3 at 65.80 
Stop Loss at 72.50 

In case of a bullish breakout of resistance, the trade set up would be invalid. 

✅EUR/NZD Buy

Price broke above resistance line of falling channel, could shoot up. 

Timeframe: 4H Chart 
Entry at 1.6600 
Take Profit 1 at 1.6640
Take Profit 2 at 1.6740 
Stop Loss at 1.6550 

✅EUR/GBP Sell

Price broke below horizontal support structure and could return to the local bearish trend on higher timeframes. We could see retest of broken support and then aggressive sell. 

Best Entry would be 0.8550 
Take Profit 1 at 0.8510 
Take Profit 2 at 0.8470 
Stop Loss at 0.8590 

✅NASDAQ 100 (ustech100) Buy

Price bounced back off support line on 4 h chart, RSI oversold, we could see NASDAQ heading up and recovering from last week drop.

Entry at market price 
Take profit 1 at 15550.0 
Take profit 2 at  15650.0
Stop Loss at 15320.0 

✅GBP/NZD Buy

Price broke above resistance line of a falling channel, we could see it heading upwards. 

Timeframe: 4H Chart 1.9450
Entry at 
Take Profit 1 at 1.9480 
Take Profit 2 at 1.9530
Stop Loss at 1.9400

✅NZD/CAD

Price is on support life of rising channel, if it breaks below, we could see a further decline, it formed double top on 4h chart as well. 

Timeframe: 4H Chart 
Entry at 0.9000
Take Profit 1 at 0.8970  
Take Profit 2 at  0.8900
Stop Loss at 0.9050

🇨🇭CHF session! Short position

✅GBP/CHF   SELL Entry at 1.2663 Take Profit at 1.2638 Stop Loss at 1.2698  

✅NZD/CHF   SELL Entry at 0.6526 Take Profit at 0.6508 Stop Loss at 0.6556

❓What is timeframe in Forex?

❌Timeframe doesn't mean how long we hold the trade or when it will profit!  ✅Timeframe means how long it takes for each candlestick to form.  We use timeframes to switch between short-term view and long-term view of the chart.  We do not keep the trade open according to the timeframe stated in the signal.

🔔Gold Challenge Completed🔔

Target reached 
Sell scenario was activated and the target is reached.

✅0.1 Lot = $250 Profits 
✅1 Lot = $2,500 Profits 
✅5 Lots = $12,500
✅10 Lots = $25,000 Profits 

Congratulations to All who took the trade with us!