Happy Monday traders, and Happy Black Friday Week.
This week, we are offering a special deal for Black Friday that ends on Cyber Monday.
New members can buy any Signal Service Membership and Receive a Free Upgrade to the Trading Room Access for the lifespan of their membership with the promo code: BLACKFRIDAY at checkout. For existing members, for this week only, if you refer 2 friends to our Trading Room service you will be eligible for free service for the lifespan of their membership. New members can also take advantage once they become a paid member in our community. Email [email protected] if you have any questions regarding our Black Friday Sale.
Now, onto Today’s Technical Analysis…
In today’s live trading session, we went over 4 must-watch trade setups for the trading week. The currency pairs we looked at were GBPAUD, CADJPY, XAUUSD & EURNZD. We were able to find these potential trades using our price action trading strategy and there’s a potential to make over +700 pips alone from these Forex signals. The entry confirmation was explained in the live webinar which is now available in our Trading Room for all our members. If you still have not signed up for an account, you can do so by clicking below.
The first trade setup we looked at was GBPAUD. We entered a sell position shortly after the Forex market opened on Sunday. The entry was later invalidated during the proceeding London trading session. For that reason, we were either stopped out and closed with a minor loss. Not to worry, as the GBPAUD is setting up for another sell-off our resistance zone. We are currently waiting for sellers to print a bearish candle, before entering a position.
Our trade analysis for CADJPY has not changed since Friday’s live session. We are currently waiting for the crucial break of the D1 ascending channel which will signify a trend reversal. The precious metal (Gold) XAUUSD has pushed lower during the New York trading session and is currently resting at a support zone at 1456. There needs to be a solid push to the downside below this level, in order to confirm our short bias.
The EURNZD pair was requested by one of our traders in the Trading Room, so we took a look and found a mixed bias as it teeters on some daily support. You can see the full analysis of EURNZD and what to look for by heading over to our Trading Room and watch the full analysis. It will also be available on YouTube later today, so make sure to subscribe.
The trading week is young and we have our eyes set on a handful of solid trade opportunities. Now that we got the hard work out of the way, all we have to do is be patient until our analysis plays out and our setups become valid to enter. Trade updates will be sent on Telegram throughout the day. We will see you all tomorrow, for another live trading webinar. Take care and be great traders!
Watch The Full Live Session Here: