Stellar Trading | Octa SA

#ETHUSD seems bearish

Opportunity: Sell
Main pattern: Flag

Order type: Market Sell
Risk-reward ratio: 1:1

Entry point: 3349.32
Stop Loss: 3396.77
Take Profit: 3301.87

🔹Trade now

TRADE IDEA 🔔📊

USDJPY (INSTANT ORDER)

SELL AT MARKET PRICE
STOP LOSS             -154.80
TAKE PROFT          - 154.00

NOTE:

To minimise losses, we lock in profits as they come and we use proper risk management. Forex is risky and you could lose your Capital.

Risk warning: Trading USDJPY involves high risk, we will be using proper lot size.

If you decide to take this trade you acknowledge that you are solely responsible for assessing the merits and risks of any trade which you may enter into.

Please note this is not to be taken as financial or investment advice. It is general market commentary.

🚀 Trade with Octa

#GBPJPY seems bullish

Opportunity: Buy
Main pattern: Breakout, Pullback and Continuation

Order type: Market Buy
Risk-reward ratio: 1:1

Entry point: 194.600
Stop Loss: 194.050
Take Profit: 195.150

🔹Trade now

Take Profit reached 🔥🔥🔥

#EURUSD seems bearish

Opportunity: Sell
Main pattern: Strong Resistance Pullback

Order type: Market Sell
Risk-reward ratio: 1:1

Entry point: 1.05366
Stop Loss: 1.05562
Take Profit: 1.05170

🔹Trade now

Trade Idea is in profits 🔥🔥🔥🔥

TRADE IDEA 🔔📊

EURAUD(INSTANT ORDER)

SELL AT MARKET PRICE
STOP LOSS             -1.6280
TAKE PROFT          - 1.6094

NOTE:

To minimise losses, we lock in profits as they come and we use proper risk management. Forex is risky and you could lose your Capital.

Risk warning: Trading EURAUD involves high risk, we will be using proper lot size.

If you decide to take this trade you acknowledge that you are solely responsible for assessing the merits and risks of any trade which you may enter into.

Please note this is not to be taken as financial or investment advice. It is general market commentary.

🚀 Trade with Octa

TRADE IDEA 🔔📊

XAGUSD(INSTANT ORDER)

BUY AT MARKET PRICE
STOP LOSS             -30.79
TAKE PROFT          - 31.81

NOTE:

To minimise losses, we lock in profits as they come and we use proper risk management. Forex is risky and you could lose your Capital.

Risk warning: Trading XAGUSD involves high risk, we will be using proper lot size.

If you decide to take this trade you acknowledge that you are solely responsible for assessing the merits and risks of any trade which you may enter into.

Please note this is not to be taken as financial or investment advice. It is general market commentary.

🚀 Trade with Octa

#USDJPY seems bullish

Opportunity: Buy
Main pattern: Strong Support Rebound

Order type: Market Buy
Risk-reward ratio: 1:1

Entry point: 155.130
Stop Loss: 154.730
Take Profit: 155.530

🔹Trade now

#ETHUSD seems bearish

Opportunity: Sell
Main pattern: Strong Resistance Pullback

Order type: Market Sell
Risk-reward ratio: 1:1

Entry point: 3094.31
Stop Loss: 3121.99
Take Profit: 3066.63

🔹Trade now

Trade Idea is in profits 🚀🚀😁

TRADE IDEA 🔔📊

GBPUSD(INSTANT ORDER)

BUY AT MARKET PRICE
STOP LOSS             -1.2552
TAKE PROFT          - 1.2824

NOTE:

To minimise losses, we lock in profits as they come and we use proper risk management. Forex is risky and you could lose your Capital.

Risk warning: Trading GBPUSD involves high risk, we will be using proper lot size.

If you decide to take this trade you acknowledge that you are solely responsible for assessing the merits and risks of any trade which you may enter into.

Please note this is not to be taken as financial or investment advice. It is general market commentary.

🚀 Trade with Octa

Market analysis trade Idea triggered and in profits 🚀🚀🚀🔥

TRADE IDEA 🔔📊

USDCAD(INSTANT ORDER)

BUY AT MARKET PRICE
STOP LOSS             -1.3797
TAKE PROFT          - 1.4012

NOTE:

To minimise losses, we lock in profits as they come and we use proper risk management. Forex is risky and you could lose your Capital.

Risk warning: Trading USDCAD involves high risk, we will be using proper lot size.

If you decide to take this trade you acknowledge that you are solely responsible for assessing the merits and risks of any trade which you may enter into.

Please note this is not to be taken as financial or investment advice. It is general market commentary.

🚀 Trade with Octa

Market analysis trade Idea triggered and in profits 🔥🔥🔥🔥💰

#AUDUSD seems bearish

Opportunity: Sell
Main pattern: Strong Resistance Pullback

Order type: Market Sell
Risk-reward ratio: 1:1

Entry point: 0.64965
Stop Loss: 0.65122
Take Profit: 0.64808

🔹Trade now

TRADE IDEA 🔔📊

XAUUSD(PENDING ORDER)

SELL STOP AT        -2620
STOP LOSS             -2650
TAKE PROFT          - 2600

NOTE:

To minimise losses, we lock in profits as they come and we use proper risk management. Forex is risky and you could lose your Capital.

Risk warning: Trading XAUUSD involves high risk, we will be using proper lot size.

If you decide to take this trade you acknowledge that you are solely responsible for assessing the merits and risks of any trade which you may enter into.

Please note this is not to be taken as financial or investment advice. It is general market commentary.

🚀 Trade with Octa

Take Profit reached 🔥🔥🔥🔥😁

Market Analysis: GER40(German Stock Index)

Ger40 is a stock market index consisting of 40 largest publicly traded companies in Germany by market capitalization. It is also
known as DAX 40 after its update in 2021, when it expanded from the previous 30 constituents to 40. We will have a look at what trading opportunities it may present ahead.


MARKET DIRECTION

When we look at the stock index on both 4 HOUR and DAILY timeframe our MACD is currently below the 0 level indicating a downtrend as we can
see that last month it reached an all time high of 19699.70 for the very first time is history.

ENTRY POINT

At the current market price the price is at a high when we look at the fibonacci which is still above our fib zone it may not remain
at this high for a long time as it must pullback at the current zone it's at a bullish zone. Let's look to enter our downtrend entry
at 18906.60 as we can see on the highlighted rectangle on the chart above.

TRADE IDEA 🔔📊

USDCAD(PENDING ORDER)

SELL STOP AT        -1.3948
STOP LOSS             -1.4002
TAKE PROFT          - 1.3879

NOTE:

To minimise losses, we lock in profits as they come and we use proper risk management. Forex is risky and you could lose your Capital.

Risk warning: Trading USDCAD involves high risk, we will be using proper lot size.

If you decide to take this trade you acknowledge that you are solely responsible for assessing the merits and risks of any trade which you may enter into.

Please note this is not to be taken as financial or investment advice. It is general market commentary.

🚀 Trade with Octa