Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. I expect price to make a retracement to fill that huge imbalance and then to reject from bullish order block. Fundamental analysis: This week on Wednesday (GMT+3) we will see results...
USDCAD is bullish on daily and weekly timeframes. We have a change of character on this bullish trend and demand OB that's not mitigated. We also have a very beautiful inducement zone as demand above the actual extreme demand. Why inducement? -Price has built too much liquidity above this demand zone as it had no inducement. As price moves closer and more...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for long position. My point of interest is if price makes a retracement and then rejects from trendline + liquidity zone. Fundamental analysis: This week on Wednesday (GMT+3) we will see results of yearly CPI...
My bias for this week is bearish on EURUSD. I think there are high chances we will go down at least till the support zone at 1.07650. I will look for sell only, starting from tomorrow. Looking at lower timeframe, we can see that the main structure is broken and we can assist to a change of the trend starting probably tomorrow at London's open.
According to the photo I shared, I have a completely bullish view
The yen’s exchange rate rose to the US dollar on Thursday in response to improving prospects for the Federal Reserve interest rate. The USD/JPY pair has declined to 153.88. After the US released up-to-date data on April inflation, the likelihood of a reduction in the cost of borrowing in the country increased markedly. Both the overall and the core consumer price...
Using Topdown analysis method, the market proved to be in an uptrend across multiple timeframes. As the price have broken through an area of major resistance and an all time high of recent times,targeting the next high (215.877) that dates back to July 2008 is the only inevitable.
USDJPY - SHORT the same chart as last week, I'm expecting the same level to fall more,, wait for the setups and risk small, always use SL, JPY pairs moves like crazy. V.Ragu
USDJPY Update⚠️ Alert 🔍It seems like USDJPY is the move dancing with in channel recently busting out of a download trend! 🚀📈 As it nears the resistance zone the anticipation is palpable for a correction ⭐ but there the interesting part once this correction happens there a chance it might hit the midline of the channel 🎯⭐ That's like the rebound zone to the...
BUY GBPAUD buy gbpaud because of breakout and retest
GBPUSD - SHORT, one more up possible, but not interested, only sell when we get the setups, minimum 1.25** trade with care and wait for the setups, always use SL. V.Ragu
The trade is currently going well. I bought due to the retracement to the 75% level on the Fibonacci. Technically was also in a « good » buying area on both the Daily and the 4H
Go Short Now and take any Targets or wait for break internal structure of H1 in Black Arrow and Go Short i think price will go correction to Blue Arrow to make higher low between @ 50:61 Fibo Levels and may be follow general down trend for Dailly Time Frame and i think it will visit target 3 - Risk/Reward Ratio = 1 (Risk) : 2.33 (Reward) - External Structure is...
Hi Everyone! GBP/USD 4h ....the price is in a bearish OB ....we can find a very good swing trade towards the equal low residing below ....almost 275 pips .....a low time frame good entry may reduce our SL to only 20 to 30 pips .... Good Luck
EURUSD - SHORT Can fall anytime, might have one more up but I'm not interested, only sell when I get sell setups on small TF. V.Ragu