Good morning yall! Waiting for a lower time frame confirmation. See my analysis below. W | D | 4H | 15M |
TRADE TYPE: INSTANT ENTRY TRADE DIRECTION: SHORT TIMEFRAME: WEEKLY ENTRY PRICE: 0.67000 STOP LOSS: 0.69000 TAKE PROFIT: 0.64000 RISK TO REWARD: >1:1 ANALYSIS: Price broke the demand zone and is likely looking to aim for upcoming demand zone. stop loss ideally placed above swing high Follow this thread for any future updates regarding this specific trade....
Hey Traders👋🏻 On The Daily Time Frame The USDJPY Price Reached a Strong ResistanceLevel (142.255-141.267)✔ The Price Broke This Key Level (The Resistance Becomes New Support Level) Moreover, The USDJPY has created a Rising Wedge pattern and trades inside. So, I Expect a Bullish Move📈 i'm waiting for a Retest... ----------- TARGET: 145.050🎯 ___________ if you...
possible imbalance to fill to the upside go for 1-1 rr
currently the gold is moving between a bearish channel and is broken below the weekly resistance ..in that case it would be fall more until 1880 weekly support which was previous resistance .in that point gold seems quite bearish .we can see the daily demand around 1910 area was actived and price moved to 1930-1936 area again. on other hands , IF the gold trade...
It can be seen that, the price of eth/usd create bullish structure for long bias. The reason 1) Price break trend line 2) Price did bullish correction 3) currently, the price show finish bullish correction at ema 200 in conjunction with resistance become support level with piercing pattern. Fibonacci Extension for measuring potential resistance (profit...
Is nifty sustain an all-time high? I am expecting a pullback at 18000-18100, not a trend change because this picture is on a bigger time frame
In the weekly chart, the price show 2 consecutive large green indicate price reversal. The price of EUR/GBP pair broke out of the range in 45Min TF and throwback at the resistance become support level. The EMA crossover shows the bullish momentum for entry. The candlestick that confirm bullish rejection at the resistance become support level is...
Following the previous XAUUSD post, the price pattern has completed the descending triangle formation and is reaching to the recommended TP2 zone, where traders should definitely start to take profits. The reason why we should start scaling out of sell/short positions here is because there are a cluster from multiple indications on this demand zone at 1900 area...
1H: - Price rallys downwards with momentum - Price creates equal lows which is sell side liquidity - This gets cleared as price moves lower - Price also clears a major low, identifying a break of structure lower 5m: - Price moves upwards with momentum, forming displacement - Price clears multiple highs in this bullish move up - Price forms a fair value gap...
NZDCAD is trading at strong support zone, also break the structure on lower time frame. Is the pair preparing for bullish trajectory?
GBPUSD is on enormous bullish trend and has formed bullish flag. Recently the pair has formed a strong support within flag and seems like it is buildup for another leg higher.
BNBUSDT is about to fill the corrective a-b-c retrace. After the last target reached, I'm updating this chart with potential targets based on demand zone for the next short position. An impulse wave downward can be expected. Fisher Transform oscillator on 4h-time-frame was added to speculate a price-time correlation.
The price is in Daily Resistance Zones it is wise to be only interested in SELL positions The price has made a Significant CHOCH at H4 and the ORDER BLOCK that caused this has been MITIGATED BSL(Buy Side Liquidity) is made below the ORDER BLOCK and it is expected for the price to HUNT the BSL in order to continue it's downward move to reach DEMAND ZONES that...
Hey Traders👋🏻 The NZDCAD Price Reached A Support Level (0.82628-0.83115) ! Currently, The Price Broke This Key Level (Support Level Becomes New Resistance Level) So, I Expect a Bearish Move📉 ----------- TARGET: 0.79675🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hey Traders👋🏻 The AUDCAD Price Reached a Major Resistance Level (0.91064 - 0.90637) and Formed an Ascending Channel✔ Currently, The Price Reject To Create New Higher High, The Last Higher Low is Broken (Break of Structure) Moreover, The Support Line of The Channel is Broken! So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET:...
We are charting NASDAQ:TSLA NYSE:HLT and NASDAQ:MSFT for potential entries on Monday.
At the moment, AUD/USD is trading at 0.6759. According to my limited knowledge, if it goes down, it will reach the support line of the channel. After that, it will move towards the resistance of the channel, and then there will be a breakout of the channel. After retesting, it will continue to move upwards. Disclaimer: The information provided is for general...