Today's session marks the beginning of the retest of the April 2024 high. The ultimate target seems to be around the 162.215 level. This move begins now and may possibly extend to the end of June or early July. The stop loss should be around the 154 level. Stay tuned for updates.
HI TRADERS ✌As you can see, according to the scenario, the price was able to correct about 127 pips up to the correction target range of 1.087/1.084🔥✌. It is currently trading in the range of 1.084. We can expect a positive reaction from the range of demand zone.It should be seen how the price will react to the specified ranges. Otherwise, if the price penetrates...
The Fed hasn't changed their narrative on getting inflation back to 2% at all costs, because inflation has been dropping the market is trying to front run the fed in anticipating a pivot on interest rates. However as J Powell has said countless times over and over again, the Fed's priority is to restore price stability at all costs. This means they are willing to...
Hey traders, Here is a great long trade that I caught this week on GBPJPY. The price reached 149.0 major daily key structure support. Watching the reaction of the price to that structure, I spotted a double bottom formation on 1H time frame. The trigger that I was looking for was a bullish breakout of its neckline (hourly candle close above). Once the price...
Doge has found support on what appears to be an a head and shoulders pattern. We might see the price go back to the second shoulder of the pattern. I expect to take profit at that level; if the fundamentals are good, I might continue to hold until it reaches the most previous high. We will see what happens.DOGECOIN TO THE MOON!
Waiting for it to break below trendline then will look to sell. Take profit set at main trendline as it's in a general uptrend.
GN - LONG Not a trade signal. Trade at your own risk. Trading is risky and does not guarantee profits.
Currently gold is consolidating in this triangle formation. We executed a quick trade on the bottom support with a TP at 1888 top of resistance for a trade before the weekend. We will now stop all trading to secure this weeks profits and wait for a break of this triangle. We are still buyers following the bullish trend looking for the best levels to buy in. Be...
If you havent watched the previous gbg/jpy breakdown i will link it below. you will see my before and after trade result so you can learn something from it FOllow me for more setups!!
Had to update my chart Almost to Take Profit!!! i had the risk to reward wrong lol
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Enjoy the trade, just take it :)
i expect big candle for tomorrow.. maybe a great signal soon :)
AUDJPY just respected a weekly dememand zone and is looking to make a move higher, also the RSI made a higher low compared to the price action which put in a lower low. DISCLAIMER: PERSONAL SPECULATION
After FOMC, EURUSD came down to support, will bounce up and head towards monthly resistence 1.15
EURUSD looking bearish on the opening of the market. All about patience. We will wait for the Long setup for the swing trade and day trade for the short setups. As outlined on the chart we have safety levels set up to help us determine in which way the market will move. If Price breaks and closes below 1.11200 then we can see down side movement to the "D"...