As you should know by now we like our key levels with confluence. So what we see here... trend line plus confluence so we go long. Been smashing it every week. Hit me up x
This pair is in a Downtrend forming a Bearish Expanding Channel. The Uptrend has ended long time ago and now Sellers are in control of the this pair. The next Demand Level of Buyers is at the Horizontal Support. This area has been tested only once, so it is a fresh buying level. We also have a very Strong Confluence of Support in the Green Circle which means...
EURUSD is continuing it's move higher and has recently broken above resistance and retested as support. Price is above the 14 EMA. Risk 20 Reward 30 pips. Entry 9am. I am not a financial advisor. This is not financial advice. This is for educational purposes only.
I drew this up last night thinking it would happen during the london session. But after today's confluence of the bullish day trade reached it's pivot point was the exact same Weekly Bearish Omptimal trade entry. Todays Bull trade, entry at 1.6940 was the 62% retracement around 8:30 A.M. Eastern time. That same fibonacci's pivot point meets the the 70.5 percent...
Price has extensively fallen into the -27.3% fib region where we are currently seeing some candlestick rejections. We could see some retracement into the targeted region, likely into the 0.9100 psych level. risk/reward ratio is tight
Daily Time Frame: Price had broken below 1.17500 key psychological support with strong bearish pressure. If bears are back in this market, we can anticipate price coming down further. Look for pullbacks to 1.17000-1.17500 for potential selling opportunities. Due to the uncertainty of market fluidity, risk management is highly recommended.
4hr Time Frame: Reading price we can see that EURGBP is testing at .91000 psychological support in confluence with a double bottom formation. If price manages to hold above and show signs of bullish rejection, we can then look for potential long opportunities. However, if price breaks support look to reevaluate price action. Due to the uncertainty of market...
The Price is now compressing down slowly to the Demand Level as you can see in the Chart. The Fake Support at the Fake Out Zone has been broken by Sellers. This Fake Support was created by the Market and tested two times, at S1 and S2. The Banks and the big Institutions are preparing to clear the lows and the stop loss of retail traders who are in Buys. After...
GBPUSD is currently sitting around strong support from Daily timeframe. (1.2700 in green) so we will be looking for buy setups on lower timeframes. we also have a divergence adding more confluence to our setup. and we have an objective valid trendline in blue. so we are waiting for a momentum candle close above the gray area to buy this one.
-Ascending TL breakout confirmed, expecting retest -0.618 fib retracement -Strong resistance area
Looking to sell on the back of the broken ascending TL in confluence to our 0.618 fib retracement, previous area of S&R, respectable descending TL, and MA50 which is supporting nicely the bearish momentum. Trade will not be valid if we close ABOVE the 0.618 fib level
-Ascending TL breakout, retest and continuation expected -0.5 fib retracement -Strong area of S&R -MA50
-Ascending TL breakout, retest expected -0.618 fib retracement -strong area of S&R -MA50 supporting the momentum shift
4hr Time Frame: Reading price we can see that we are breaking back below our 76.500 monthly zone. If buyers are looking to hold momentum, we are going to need to see a break and retest above 76.500 for potential long opportunities to 77.400 and potentially 78.250. AUDJPY has created a huge impulse to the upside and has pulled back to create a double bottom...
-Respectable descending TL, retest expected -0.5 fib retracement -Previous support area now acting as resistance -MA50 supporting the bearish momentum very well, expecting price to continue its trend downwards!
-Ascending TL broken, retest expected -0.5 fib retracement -Previous area of resistance -MA50 in confluence to other technical confirmations -Strong zone of confluence overall
Looking for selling into order block, bounce around support and then continuation upwards towards resistance. Idea in line with GBPUSD sells.
-Respectable ascending TL, retest expected -0.618 fib retracement -Previous are of S&R -MA50 potential momentum shift indication