Hello Fam! Short Reasons: bearish flag Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
EURUSD dropped down to past support after US Fed announced they will plan to keep rates near 0 for a few years. Technicals still point upwards but wait for the following confirmations before entering. Buy Signal: Wait for a daily close above support with a strong bull candlestick. Sell Signal: If we have a break and close under 1.1700 we'll look to sell. Be...
Using autochartist as insight this offers a 75% outcome, putting my stop loss that would completely invalidate this theory. An ABC short
USDJPY is trading within a descending triangle formation on a daily. the price keeps setting lower highs respecting the same horizontal support with equal lows. descending triangle is a bearish pattern. today we may see a breakout attempt of its support. in case of a daily candle close below, bearish continuation will continue goals: 104.74 104.2 also, be...
GBPUSD Long: 1.29151 Target: 1.29394 S/L: 1.28914 Risking 3%
NZD/USD, GBP/JPY and EUR/GBP on watch for me today.
Hello Fam! Long Reasons: growing in ascending channel fixation above key level Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
EURAUD is now officially in consolidation. I expected price to break last resistance but we are now consolidating instead. If the market chooses a path, follow and don't resist. Overall still expecting AUD weakness. Per the RBA Minutes: The Board has noted that a lower AUD would provide more assistance to economic recovery. Policies will follow to drive...
Price hit the lows of the day and is currently at 4H Demand Zone. I am expecting a reversal from here and will target the 5 mn supply zone which could act as a future resistance since it was a former support. Trade at your own risk
if a strong Bullish candle happen in the shown price we're gonna open a buy position with the shown stop loss and take profits good luck :))))
Price of gold in bull trend, which caused by scarcity and low supply. Never forget about risk management. Level of protection below 1900.
Seems like British Pound finished zig-zag correction in 4th wave, so I expect beginning of strong uptrend move during next period to see higher high of 5th wave. Do not forget about RM.
Next swing move can possibly start from 1.2100 down to 1.1522 before continuation to higher levels. Seems like price broke important resistance on higher timeframe.
The U.S. Dollar Index has recently made an attempt to settle below the 93 level but returned back to the 20 EMA at 93.10. Today, the U.S. Fed will announce its Interest Rate Decision. The interest rate is expected to stay unchanged, and traders will focus on Fed’s commentary. EUR/USD failed to get above the resistance at 1.1910 but managed to stay above the 20...
1.19 is the line in the sane for continued EUR strength since Mar 2020 self explanatory
EURUSD approaching daily up trend line. Price has bounced off of this multiple times so look to buy soon. Signals: 1. Daily up trend line holding: Bulls still in control. 2. RSI in buy zone 3. Price currently in a trading consolidation range 1.1750 - 1.1950 Entry @ Up trend line area (yellow circle) TP @ 1.1950 I'd advise short stop loss under the Up Trend...