Still bullish on the pound. Bears are correcting a bit, but I see bulls hitting this area in the near future. Stress free trade. Low size, little to no leverage. Set it and go on with my everyday life. Hope you all had a great trading week!
The GBP/USD currency pair has shifted from an upward trend to a sharp downward trend, pushing the decline to the crucial level of 1.2600 during Wednesday's US trading session. This is a result of the strength of the US dollar, particularly following the release of inflation data from the United States. On the 4-hour chart, the Relative Strength Index (RSI) has...
4h supply at daily supply with higher timeframe trending down
Hello,Friends! We are going short on the EUR/JPY with the target of 164.275 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/AUD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 4H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.649...
Hello,Friends! We are now examining the AUD/USD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.654 level. ✅LIKE AND COMMENT MY IDEAS✅
As the NZD/USD pair hovers around 0.6042, traders are closely monitoring its price action amid a backdrop of technical indicators and impending fundamental events. Recent movements suggest a potential continuation of the bearish trend, characterized by a convergence of factors including Fibonacci levels, RSI divergence, and a looming RBNZ meeting. The NZD/USD...
- Previous Day candle closed bullish. If we are looking for buys we will take on until daily resistance formed on 02 feb 04 - If we are looking for sells we take on until 25th dec 02 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade. - We risk 3-10% of our capital. Close trades once price reverses to opposite direction and 1...
Hello Traders ! On Wednesday 3 April, The AUDNZD Reached The Resistance Level (1.09438 - 1.09364) and Failed To Break It. Currently, The Higher Low is Broken (Change of Character) Moreover, The Support Line is Broken ! So, I Expect a Bearish Move 📉 TARGET: 1.08825🎯
After the news, ect we can see the move to the bulish side. At this moment of time ive set on the graph the 1st profit margin and will update when the trade progresses
Live EURUSD Intraday Trading || Scalping EURUSD Stoploss Mandatory | Stop Loss will keep you more days in Market.
Waiting for after CPI news tomorrow at 8:30am est and will see what the market offers.
GBP/NZD currency pair from both technical and fundamental perspectives: Technical Analysis : - GBP/NZD is currently trading in a downtrend. - Key data points: - 1-day change: -0.08% - 5-day change: +0.17% - 1-month change: +1.61% - 6-month change: +2.64% - Year-to-date change: +4.67% - 1-year change: +6.89% - 5-year change: +9.47% -...
AS i explained!!! i got in usdcad before new york open and gbpaud has been a trade ive been holding since yesterday. ill keep you guys updated on next trade i take! i told you guys i wasnt giving up. Lets shake the world traders!
GBPUSD has recently shifted to a bullish institutional order flow, prompting us to identify key areas of interest conducive to the bullish bias . Currently, we're observing a mitigation block situated at premium prices , serving as an initial entry point for our bullish trajectory. Alternatively, should the premium point not materialize, we await a dip into...
Hello friends! Price broke 151 = which is the higher low uptrend support. I entered shorts at 151.85 which is a 1H supply zone a.k.a. 1H orderblock with stoploss above the highs around 152. When the price broke 151, it created a lower low 150.8 giving a clear bearish trend shift confirmation. Market gave us the best price to enter shorts as we enter London session.
What I am seeing on USDCAD is a great development of Short to Long. We have few minutes before the news hit us, banks are proposing long idea on USD. I would suggest that first we need to wait for bad news to hit USD then take the opportunity from demand zone within kez leves. Based on this strong news, there is an option to take trade without waiting for candle...