The price perfectly fulfilled my last idea. After breaking through the downward channel, the market is currently trading sideways. FX:EURUSD has closed above the key level of 1.08500, which is a significant milestone in its price action. By looking at the chart's left side, we can see that the market previously tested the support level, where the price rapidly...
FX:USDCHF is forming a false breakdown of range support and uptrend, which opens the market to buy potential. CHF is weakening stronger than the dollar and this could support the uptrend. On D1, the price tested the MA-50 ascending average with a false breakdown, as well as a strong support area at 0.900. Liquidity capture and candlestick set-up form the price...
- Based on fib levels - Fib Inverse extention as well as fib extention lines up
Hello traders, as we prepare for the week ahead; allow me to share my thoughts on EU. EU is still bearish on a HTF, we haven't taken out swing LH yet. but we are indeed seeing a swing pull back after the market broke swing lower lows. Following previous week with High impact news we expected a turn for EU on the internal LH but unfortunately the market violated...
EURUSD is moving in an ascending channel. The chart broke through the dynamic resistance, which now acts as support. We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD I still did my best and this is the most...
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.
Price is nearing a 2H Supply zone. after a nice move up. I am expecting price to move to the low after hitting the supply zone
AUD/USD analysis: We are on an OTE A correction is underway A SOLID OrderBlock We're in the trend We're aiming for $ Liquidity
📌GBP/USD entered a technical correction and closed Thursday down after gaining 0.75% on Wednesday. The pair continued to rebound on Friday and traded near the 1.2700 resistance level. 📌Atlanta Fed President Raphael Bostic acknowledged inflation progress in April but noted that the Fed has not yet begun to ease policy. In a similar tone, Cleveland Fed President...
Hello everyone i want share my idea about USDJPY Price action. After huge uptrend, we saw some strong sellers which active after strong downside movement of JPY index. Japan government said in 2024 they will change monetary policy which was signal for swing traders, JPY index had pretty bad 2 years, it was coming strong downside, after this statement of Japan...
hey guys heres what i am looking at on GA. with the pound strength over the Aussi, and a beautiful hand and shoulder pattern being formed, i am expecting price to go the upside. personally i am long on GA.
Based on the m15 chart analysis, we can see that the price is rising toward our sell entry at 11.0878, which is an overlap resistance. Our take profit will be at 1.0855, a pullback support level. The stop loss will be placed at 1.0878, above the resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
Trend is Making before Lower low and lower High and there is Now Divergence Came in trend Now wait Till Trend Break the Previous LH and start the New Trend one Hour Candle must be above then Lower and 20ema should be below than this Candle
Price is dropping towards the Order block which had a strong departure and is just placed below the PWL. I'm expecting the bounce in there and then I will speculate on the move up to the PWH. In COT data we can see that although the price is dropping lower the market makers are adding the longs, so it can be position-building. Always follow these rules -...
#USDJPY H1 Buy Setup BUY Only If H1 Bullish Closing Above 155.770 SL 154.75 TGT :156.56-157.11 its 1.3:1 RR.Other Everything Written On Chart .
AUDNZD chart is printing a Bearish trend Line with Bearish flag Pattern The Entry Point will be 1.08910 and the Stop Loss will be 1.09233. Before the Bearish flag Continuation pattern we also observed a Divergence.
i aspec euro usd to have a fake breakout and hit the 0.618 zone after swaping to a berish market structure