Top-down analysis on EURUSD. Breakout of a key demand zone explained. Potential scenarios & trading plan. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
As you see in the 4H time frame, price is moving in a rising wedge and currently is approaching to the yellow resistance zone. On the other hand hand, we can see a reversal double bottom pattern in the wedge. We should wait for the price to see if it breaks the resistance or not: If price breaks the resistance and closes a bullish candle above it, we can expect...
EU is overdue for a nice reversal. Based this entry off the 15min TF and will swing it up to the previous 4H Supply Zone, targeting a 1:13 overall.
we open long here at the daily low support: Now we are expecting more pump here and soon after that targets to hit. <>
GBPUSD analysis update and I’m seeing it’s going to move for +130 PIPs to the downside ✅
The new free signal is on XRPUSDT and the risk-reward Ratio is 1:4 we are looking for a pump here and the target is easy to hit. <>
As we can see major resistance is the red trendline and soon breakout to the upside will happen and after that price can easily pump and hit the targets. <>
From another look at UJ we can clearly see price settling right into an ascending triangle formation. I like our chances going long here to the next key level drawn on the chart.
EURNZD leaves multiple bearish clues: the price broke a support line of a rising wedge pattern and a neckline of a head and shoulders pattern. I believe that the pair may drop. Goals: 1.6555 1.64 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Rigtt now the SPX is trading inside a Descending Boradening wedge at a Previous Zone of Weekly Congestion and has Bullishly Engulfed the Weekly lows and held above said lows. So long as we can continue to hold these levels we should eventually see the top of the channel and previous Support/ Resistance level of $420-$425 and (if we are to aim for Full Measured...
euraud buying opportunity based on smart money concept great risk to reward trade
Trend: Potential Upwards Price Movement Reason: Formation of the tweezer bottom at the LL of the chart on 1Hr time frame. That means the price will slightly move towards the nearest resistance level.
I believe UJ will continue it's bullish war path. We have hidden bullish divergence which gives us a good indication the trend should continue. We have a 1:2.5 R:R for this set up
downtrend structure and break of 4hr support. 1hr and 4hr bearish engulfing pattern. ADX negative above 25 points.
3 black crows have been spotted on a 15 minute chart. A RR ratio of 5:1 is set for this trade.
In a sudden reversal, the Japanese yen is strengthening against all major currency pairs. While I've noticed a breakout structure on several pairs, the CHFJPY breakout appears to be the strongest. This is due to a couple of reasons. 1. CHFJPY has been in a strong rally since May of 2022. There's no such thing as a sustainable, exponential rally like this. As a...
According to the fib 78% cycles of retracements(repeating more than 10 years) from now on we shall see a bullish market ahead to 82/000 $ .
A very large engulfing candle has formed on JSE:NPH . It has engulfed at least the last 6 candles which makes it a stronger signal. So I think we can expect an upward move from here.