After the yesterday's pullback, EURGBP reached a wide horizontal zone of supply. 0.873 - 0.8765 is the area from where the next bearish move will most likely initiate. The next goal for the sellers will be 0.866 Because the underlined area is quite wide, look for an intraday confirmation before you sell. ❤️Please, support my work with like, thank you!❤️
Trade Idea: Selling XAUUSD (Gold) Reasoning: Shooting star candle posted on weekly chart. Bearish outside candle dominating daily price action. Break of support on short term has forced prices below the Ichimoku Cloud. Entry Level: 2011.470 Take Profit Level: 1993.470 Stop Loss: 2017.470 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you...
Entry taken during London Session. 1. High Volume entering the markets. 2. Price creating HL's indicating price wants to move to the upside. 3. Strong Buyers present in the market.
EURNZD was trading in a downtrend but now I'm seeing a Bullish correction. The price approached a strong horizontal resistance level from where I'm expecting a rebound towards the target bellow...Trade safe 👍✅
Check on the lower timeframes for an sell opportunity when the buyers test the market then enter a sell position FX:AUDJPY
going over the 4 basic market structure patterns two continuation 1. RBR Rally base Rally 2. DBD Drop base Drop and two reversal 3. DBR Drop base Rally and 4. RBD Rally based Drop
As we can see price is near major daily supports and we are looking for a huge pump here to the targets and resistance that are mentioned on the chart with price labels. DISCLAIMER: ((trade based on your own decision)) <>
As we can see price is near major daily resistance zone of 2050$ and the dump already started and we are looking for more dump and fall here to the targets like 1950$. DISCLAIMER: ((trade based on your own decision)) <>
Market structure moves from swing point to swing point, High to low and low to high. Ranges are formed between these pivot swing points. knowing Higher Highs and Lower lows gives you a edge.
TP1 @ 1.0990 (shaving 50%) BLO 1.0915 📈 -SL @ 1.0885 🚫
⭕ This is just an analysis. If you feel it helps you and this analysis is correct, you can enter the trade at your own discretion with the appropriate volume and SL.
Nifty is again at a crossroad. The following scenarios are at play now. Scenario 1) From this juncture it can go from Point A to Point C directly i.e. 18315 to around 18600 odd. Scenario 2) From this juncture Nifty can try to find it's major support and can go from point A to point B i.e. 18315 to 17500 odd. and then back to 18600 odd that is point C. ...
Price action analysis for USDJPY. Key levels, trend analysis. Potential scenarios & thoughts. ❤️Please, support this video with like and comment!❤️
Elliott wave principle is a powerful tool that helps me to understand the market psychology and the patterns of price movements. It helps me to identify the trends, corrections and reversals in advance and to plan my entry and exit points accordingly. However, the market is dynamic and complex, and the Elliott wave counts can change as new data and events...
SLO @ 1.1085 (80m) TP3 @ 1.1055 (closing ALL Buy Orders) TP2 @ 1.1020 (shaving 50%) TP1 @ 1.0980 (shaving 50%) BLO 1.0915 📈 -SL @ 1.0885 🚫 🚫 Unfortunately, my SL was too tight and "they" got me. Price Action on the 3m chart appears to be based on the Wyckoff Accumulation Phase, so I re-entered @ the same BLO (see above) Wyckoff Accumulation Phase ...
1.Double Bottom created indicating price is holding the support zone. 2. Price indicating push to the upside as buyers pushed the price above from the Demand Zone. 3. R:R : 1:2
1. Price action and patterns - Daily : Support section - 4 hours: Double Top 2. Confirmation signal - Engulfing Candle 3. Transaction type - Confirm transaction 4. Note - RSI divergence 5. Explain your trading strategy - Daily chart support section, 4-hour chart chart pattern - Expect further declines when Engulfing closes