Chfjpy is in bearish trend as it is printing lower highs and lower lows
Weekly: 1. Direction: Bullish 2. Reasons: 1. Price disrespected the FVG 2. massive displacement to the upside 3. Price is moving from IRL to ERL 4. Price reacted of weekly FVG (2) Daily: 1. Direction: Bullish 2. Reasons: 1. Price is respecting the daily FVG 2. Good...
**Current Momentum and Market Sentiment:** The EUR/USD pair is currently experiencing a challenging period, struggling to maintain bullish momentum. Despite a significant rally in recent months, the pair has recently faced resistance and corrective movements. The European Central Bank's (ECB) actions, including recent interest rate hikes and upward revisions to...
Eurusd is going to the buyside . raid in 15 mins is taken out. Likely retrace to OTE to have an entry
Hello traders, A swing idea here.. The setup is looked at from technical perspective mainly. We can see the impulse and correction pattern, as well as a nice weekly demand (which i refined to 3D to publish) I will not enter this trade immediately, i will wait for confirmation on lower time frame and go from there. Trade safe guys! Wishing you a great week ahead.
What is your opinion,am seeing a brake of structure n continuations off falling but let me know if you have some view in Comments.
A forecast update on the upcoming movement of the dollar and yen in the long term
Hello everyone, sharing again my trading ideas for this new start of the week, it will be to operate the USD CHF pair in short, recently this type of analysis has given me good results, I wish it to be favorable for everyone, greetings.
Hi everyone, I get this question occasionally, so I figured I would share my opinion on the matter. There are many misconceptions about trading or being a professional trader. One of them is, the more monitors you have, the more successful or advanced you are as a trader. That is complete nonsense. In this video I explain what I think the best number of monitors...
Dear traders! On the 4-hour timeframe we noticed an interesting candlestick pattern setup. Price action was confirmed high above the 1.2645-1.2650 support level. It is expected that in the near future the uptrend will be more certain, the target is at least in the area of 1.2800 - 1.2850
Eurusd had a sell BMS and on a retracement for a possible downtrend
"In the four-hour chart, we see a very strong trend that can halt the pound's rise against the dollar. We must be cautious of the dollar index at the entry point in order to succeed in the trade."
Hi folks today I'm prepared for you Euro analytics. Some time ago price declined to the trend line and then at once rebounded and rose to support 2, which coincided with the support zone. Some time price traded in this area and later finally broke the support level, after which made a small movement up and then started to decline. After the price declined to...
Hey Traders, in the coming week we are monitoring NZDCAD for a buying opportunity around 0.82600 zone, NZDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.82600 support and resistance area. We would also like to consider the current bullish bias on indices and the bearish USD, these factors are positive...
I believe usdcad may go up to take out the last high and sweep liquidity before continuing downward. Price had a break of structure and swept downside now it may reverse and grab some buy side.
My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0867 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clearshort signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0806 Recommended Stop Loss - 1.0900 About Used...
USDJPY has been on an uptrend the last 2 weeks but am seeing two possible case scenarios, if price touches 157.937 area we look for sells if price respects it.But if we go down ill look for buys at 154.101