It is valid before reaching the target. For being more persice entry, you should go to m1 timeframe.
Hello Traders ! After a Huge Bullish Move, The AUDCHF Price Broke The Resistance Level (0.60078 - 0.59886). The Resistance Becomes a New Support Level ! So, I Predict a Bullish Move🚀 ---------- TARGET: 0.60950🎯
It is expected that the price will fluctuate in the current support range and then we will see the start of an uptrend. By crossing the 61.8% level, it will be possible to continue the downward trend to the indicated support levels.
AUDJPY short opportunity. Price is sitting at previous yearly highs, therefore breaking any higher will take significant effort. On the shorter time frame we can see price retesting the previous high and price broke down from a rising channel. A great chance for price to move back to the 100 or even 98 mark to the bottom of the daily channel.
Hello,Traders! GBP-CAD is trading in an Uptrend and the pair Broke the key horizontal Level of 1.7236 and the Pair is making a local pullback But after the retest of The new support we will Be expecting a move up As we are bullish biased Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Here on GBPUSD price has be moving down after the previous breakout so now forming a little downtrend so it like to break the trend and start going up so it expecting to wait till after the brakeout before going for buy so the expected targeting profit should be around a psychological level of1.27000. It also advisable to use money management .
Eur/Aud You can see how price respected our fib levels while making Lower Lows and Lower Highs . We have price staying below our 4 Hour trend line . Also, weekly trend line got broken to the downside . Lets see if we can close the week strong to the downside . Daily : Bearish 4 Hour : Bearish 1 Hour : Bearish
GBP/USD underwent a technical correction, retracing to approximately 61.8% from the previous swing high before concluding Thursday's session in negative territory. The pair has continued its downward trend early into Friday. Comments made by Federal Reserve (Fed) officials on Thursday contributed to a rebound in US Treasury bond yields and bolstered the US Dollar...
The EURUSD pair hit the top (Lower Highs trend-line) of the 5-month Channel Down and got immediately rejected. This pull-back is most likely the start of the new Bearish Leg on its way for a Lower Low at the bottom of the pattern. Technically, we are on almost perfect symmetry with the previous Leg, which formed a Lower High after a 4H Golden Cross. When the 4H...
Sessions reacting to last nights Unemployment numbers USD Strong on CCPV Indicator mt4 Aussey Weak az Main Target about 77 pips Sentiment of Traders
GBPAUD is forming a bullish structure with upward breaks between 1.89801 and 1.9000. The market, currently at a low point, shows strong reactions with long wicks. I'm waiting for a lower timeframe break at around 1.90242 to clear recent imbalances before expecting a move Please be advised that these trade ideas are intended solely for educational purposes and...
There is a potential trend reversal on the 4 hour timeframe. Stoploss: 23.053 Take profit: 23.55
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I still find this pair to be bullish based on weekly market trend. We can see that the market is currently reacting to 0.618 Fib level, we could see buyers coming in based on what price action is showing. Let's see how this will play out. Risky trade though.
Conditions: 1. Break and closure above current 30 mins high (169.227) 2. Price remains inside 169.291-169.064 range (fakeout to the bearish side would be a deal sweetener) ENTRY above 169.227 SL 168.975 TP 170.495 Warning: 1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. 2....
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66250 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66250 support and resistance area. Trade safe, Joe.
Price is rising towards the pivot which has been identified as a pullback resistance and could potentially reverse from this level to the 1st support. Pivot: 169.38 1st Support: 167.36 1st Resistance: 170.70 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
GBPAUD has form a double top pattern, but be patient and wait for it to break the resistant zone to enter Long or break support zone to enter short Join my free telegram community were we shared idea 💡 together t.me