0.6565 is a very significant structure level. for us, it is a perfect entry for a long trade. look left at structure for targets!
audusd currency pair has recently retested the market low. now bulls are pushing the market higher towards structure resistance. 0.7035 - 0.7045 resistance is on focus. pattern completion point of bearish cypher matches perfectly with this level. T1 - 0.702 T2 - 0.70
Pattern: Identical pattern occurrence. Signal: Bullish but enter on the next major pull back. Target: 79.800 (1D Resistance).
Gold shows good strength in uptrend, every pull back lower used by trader to enter in long side. Now price reach critical juncture and near upper end of channel. Trade below $1270 in 4 hour charts can push price lower either by profit booking or bounce in dollar index.
Waiting for GU to hit top of the range then looking for a short back down to the 1.37 area
RSI divergence and 5 Elliot wave is finished.
OANDA:NZDUSD Short Term trade idea for NZDUSD Sell at 0.73250 for a drop towards 0.71340 towards 0.69590 Stop loss at 0.74620 Reason For Short Market close to and pulled back below descending channel resistance. Market currently below 0.73250. This is the 23% Fibo retracement level. A close below this level will strengthen the bearish play for a drop...
SHORT TP 1 - 30 TP 2 - 60 TP 3 - 100 PIPS
Hi everyone! I love your support! I am Bearish on EURINR based on patterns on the daily and weekly chart. There is a European central bank rate decision in a few days which will decide the direction of the trade and bring volatility into the market. Important zones of support at 73.70 have been broken and a retest of that level can be expected before price moves...
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Today we have closed the spread trading opened yesterday with +50 pips. Now the spread is still long on EJ and short on EU. We are waiting for a new trades