Hey Traders, in tomorrow's trading session we are monitoring EURUSD for a buying opportunity around 1.08100 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08100 support and resistance area. Trade safe, Joe.
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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 -...
Price is at a level last seen in July 2008. At that time as well, price had made several attempts to go higher and failed (thus printing multiple tops). Once again, we can see several tops. A decline of 55,400 points (about 33%) happened in 2008, I can only wonder what we will see on this occasion. I see a supply zone (yellow rectangle) and expect this pair to...
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...
#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 .
Our last trades on this pair was a major success!! We are strategically positioning to buy AUD/USD at 0.666. The medium-term outlook remains bullish, bolstered by a consistent pattern of higher highs and higher lows. Anticipating a minor pullback, we aim to establish long positions at this level, optimizing the risk/reward profile. Our entry at 0.666 is...
Once #GBPNZD breaks the falling wedge, we expect price to gain momentum and buyers step in. Note positive divergence as well giving us more confidence with this wedge break formation. Target liquidity at 2.1173. www.thetradingmentors.com Chris
SOYBN/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. WTICO/USD Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within...
Hello traders here is a setup of EURJPY as you can see the price has been in a bullish form for the past years and months for the EURJPY pair. The price has reached 170.000 for the first time since 2008 so I placed a resistance zone from that year to today, so now I will wait for the price to break this resistance zone and do a pullback then I will look for...
Price has been bullish , making successive HH and HL, hoping to take a long position from any of the zone below, targetng the previous HH, This is just a financial advice not a signal, 1st zone is a flipzone and its in the premium, and ideally its wrong to take a long from premiums pricing ( tho it's in the discount of the recent range, but i like taking entries...
By examining the trend in the four-hour time frame, USDCAD has the resistance of the NECK LINE in the range of 1.3656-1.3643, and provided that no close candlestick of the four-hour time period is maintained and not recorded above it, the rate can reach the support of the bottom of the channel in the Fibo range. 161.8% decreased to $1.3515.
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.
Intraday Bullish: *. Trend Line Break:The price has broken and is trading above a previously declining trend line. This indicates a potential shift from a bearish to a bullish trend. *. Horizontal Structure Break:On the 1-hour (1H) timeframe, the price has also broken and closed above a significant horizontal resistance level. This further confirms the bullish...
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
Following our previous analysis of the EUR/USD pair, the price has approached the 1.0900 round level, which is significant as it is forming a potential double top pattern. This movement includes a retest of the previous high reached last Wednesday. Currently, there are no major news events impacting the market, which indicates that the price may experience a...