Price has created some EQL/H with a tight asian range. I will be setting my orders for new york open and be waiting price to tag me on the malnipulation and lets see if we retrace for the last two days of the week.
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price has made a DOUBLE BOTTOM. One can go long. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing...
Hey traders, EURUSD formed a harmonic abcd pattern on 4H time frame. The completion point of the pattern matches with a recent horizontal support & 618 retracement of the last bullish impulse. From the underlined area a pullback will be expected. Intraday/scalping goals: 1.1857 / 1.187 ❤️Please, support this idea with a like and comment!❤️
USD – The dollar weakened across the board on Wednesday, as ADP Non-Farm Payrolls disappointed at 374K versus consensus of 640K. Commenting on the release and the upcoming NFP report on Friday, Western Union noted that “Certainly the recovery has been uneven but if nonfarm payrolls should also disappoint, that would seemingly close the door to an imminent taper...
This is my simple idea for EURUSD 4H time frame I hope it is useful :) Note 1 : It may take one or 2 weeks Note 2 : DON'T FORGOT, STOPLOSS IS YOUR FRIEND :) Best regards :)
Well, as we saw last week, gold was able to break its dynamic and static resistances and stabilize itself with high strength at the $ 1810 level, to continue growing up to the $ 1834 level, we can expect a pullback to the broken level and then to Let's move our target. Next week we also have NFP , that can determine the main direction of the market. What do you think ?
As we can see, today the price has attacked its resistance with a lot of power and we have to see if it succeeds in breaking this range or not.
Last Analysis : As we can see, the price has lost its support and considering Thursday's candle and its strength, we can expect to fall again to the mentioned range after a short Correction ... Now : Ready for another Short ?
Hey traders, This week EURUSD broke and closed below a year's low. Trading below that structure we remain bearish bias and expect a bearish continuation on a mid-term. From a current perspective I will expect the next swing move from two potential sell zones: Zone 1 1.17 - 1.172 Resistance. Wait for a test of that structure and look for a confirmation to...
This is my simple idea for EURUSD 4H time frame I hope it is useful :) Note 1 : It may take one or 2 weeks Note 2 : DON'T FORGOT, STOPLOSS IS YOUR FRIEND :) Best regards :)
Good Morning traders! Today we are going to share with you our multi-timeframe vision in EUR/USD. This pair is in a particular and somewhat dangerous situation, and we may see a sharp drop in price during the next few weeks. First, we are going to analyze the daily chart: 🔸We can see an uptrend that lasted more than a year, where we can draw a clear channel....
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price has hit its TRENDLINE RESISTANCE and is falling down. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be...
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is at its TRENDLINE SUPPORT. Wait for a breakout. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be...
GBPJPY reverse from multi year resistance level and it is trading in descending channel pattern. According to chart pattern analysis , we might see downside in GBPJPY from current level. One can trade GBPJPY on short side with stop loss and risk management. Thank You Vivek S.
EURUSD is under pressure and its strong correlation to the dxy points to me to expect bearish pressure. Money chasing yield is a problem for long term bullishness on eurusd, if we see a spike in dxy which is likely, we can expect eurusd to have a major sell off as shown.
US Markets are experiencing a technical bounce on Monday after last weeks Bullard spook/Fed hawkishness on Wednesday. EURUSD looks poised to test the 50DMA as early as today, but according to polarity principle, we should see a rejection if we do, and a continuation of the recent downtrend (toward the 200DMA around 1.157). At the same time, I expect the 50DMA on...
I see a Bearish Flag forming on the 4 hour. I have highlighted my trade 2:1 RR 1% risk, have yet to even check the news...
EURCAD is trading in falling wedge pattern. According to chart pattern analysis, it is forming head and shoulder pattern at current level , indicate bearishness on EURCAD. One can short EURCAD with stop loss and proper risk management system. Thank you Vivek S.