Yesterday, EURUSD broke below 1,0200 and it basically continues even lower. We're expecting another drop and a breakout of yesterday's low but before that it would be great if we get a pullback to 1,0250. We will then be able to look for short positions with targets at 1,0169. If we don't see such a pullback, it will be best to actually wait. We're not...
✅EUR_JPY fell down sharply But a strong support level was hit Thus as a rebound is already happening A move up towards the target shall follow LONG🚀 ✅Like and subscribe to never miss a new idea!✅
hello guys! as you may know, yesterday oil decreased a lot and for a commodity like oil, average weekly movement is 80 pip (weekly atr=80) but this week, wti move 140 pip so far, so I predict that this 2 remaining days it will to correct last move and when touch that gray zone and trendline at same time, moving downward until the demand zone. thank you for your...
DexCom Short Term - We look to Buy at 74.01 (stop at 60.52) A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Support is located at 70.00 and should stem dips to this area. Dip buying offers good risk/reward. Our...
H1 - Bearish trend pattern. Currently it looks like a correction is happening. Until the two strong resistance zones hold my short term view remains bearish here. A valid breakout below the most recent uptrend line would be the validation for this bearish view.
Right now, we shouldn't be selling as there isn't a good ratio. First, we need to see a confirmation that the next drop begins and then to open a trade. In best case scenario, that would be, after price goes a little bit above the previous high and it then shows rejection. Entries could be made after an engulfing candle. We're not looking for buys but only to sell!
Welcome back! Here's an analysis of this pair! **AUDCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
Today is a day off for the US market which means less volume. The downtrend on this pair continues and we will be looking for selling opportunities. On every pullback and rejection, entries could be made. It's still possible to see price pushing up to 1,0500. That will be a good moment to watch out for reversals and entries.
✅GOLD will be retesting a resistance confluence soon From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Looking for a temporary relief on the SnP up to that blue zone 4200 area. . .I want to see price test that zone again before it plunges again. So taking a buy stop slightly above Friday's close ad stop just below as shown.
Hello,Traders! AUD-JPY broke out of the bearish triangle And went down just as I predicted In my previous analysis Now the pair is making a rebound To retest the supply area above But I am still bullish and I believe We might see further price decline During the next trading week Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello Crypto traders, today we want to update our SHIBA chart from April 1st, which is now finally back to the starting point of mania cycle as expected. From Elliott wave perspective, we have been tracking (A)-(B)-(C) correction from all-time highs and wave (C) can be actually already completed, as we see a completed five-wave cycle of the lower degree. From...
The downtrend on EURUSD continues and so are the selling opportunities. The pullback that formed yesterday allows us to enter short from 1,0500. If price manages to push a little higher and retest the zone, this will be the best scenario. Stops are still above 1,0615 and with that, we are expecting a breakout of previous lows!
Every day we're looking for a possible short trades on EURUSD. The move that happened yesterday totally confirms the downside move. We are yet to see another drop and a new low. A suitable entry or if you're looking to add to your existing position, then it's probably best to wait for a pullback to 1,0500 and then look for rejection. The idea is to see a...
Hello,Traders! GBP-CAD is falling right now Aiming to retest a strong support level below From where a bullish correction is to be expected With the target being a supply level above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
As the economic outlook degrades in the face of persistent and widespread inflation and GDP projection revision for Q1 was worse than expected, real estate will take a hit. Currently seeing record prices while the beginning of rate hikes and slowing sales appears. A short opportunity exists and is currently reflected in a massive volume uptick in anticipation...
We wanted to see price reaching our zone on EURUSD but it looks like right now there's not enough buying pressure. This is the reason why we don't take trades towards the zone and against the trend but just wait for the right moment instead. It looks like this moment is now. Not the way we wanted it, but we trade what we see and we're now looking to sell from...