Still within the falling wedge formed since 2008, the price bounced off the support, 500 pips below the parity 1/1. Currently on the 1.05 zone, as long as this parity zone is not broken, we can expect a bullish continuation. Several areas are to be monitored, including points 0.5 and 0.61 of the fibonacci. Another element will be to be taken into account on this...
Hey Everyone, Yes, we did it again!!! 1779 and 1789 both targets HIT with our chart idea playing out to perfection. As mentioned yesterday MA200 provided the dynamic support for the bottom, confirmed with our new buy signal activation and previous Fridays GAP, we confidently took long positions and also banked existing layers for a perfect ride up from the...
British Pound/Australian Dollar was able to make a Bullish Gartley Harmonic Pattern on PRZ(Price Reversal Zone)!!! I expect the British Pound/Australian will go up at least until the 🎯targets🎯 that I specified in my chart. 🔅British Pound/Australian Dollar Analyze ( GBPAUD ) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position...
Euro/Australian Dollar is running on support zone. I expect the Euro/Australian Dollar will go up at least until the resistance line. 🔅Euro/Australian Dollar Analyze ( EURAUD ) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your...
As you can see, price has fallen sharply after took the buy liquidity above 1.00643 and make a double top above this important zone. Now we have a two scenario: 1: Price can has a short time upward move for continue the downtrend. (I follow this scenario) 2: Price can move upward continously for fill the liquidity void. 💡Wait for update! 🗓️07/12/2022 🔎...
Based on technical factors there is a Sell position in : 📊 NZDUSD 🔴 Sell Now 0.63373 🧯 Stop loss 0.63998 🏹 Target 1 0.62315 🏹 Target 2 0.61160 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
You can see the demand and supply zone in the chart. There is a interesting liquidity pool under 130.391 that price may move for that. We can wait for a upward and study price for a good short setup! 💡Wait for update! 🗓️07/12/2022 🔎 DYOR 💌It is my honor to share your comments with me💌
EURAUD CHART ANALYSIS LONG!!! Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Trade safe use proper risk management always.
USDCAD | BOC Will Decide On The NEXT MOVE As we can see today USD is showing strength by pushing CAD up again. The probability is very high that the price could reach on of the resistance zone shown on the chart. The fist reason is that USD is still strong and it is recovering in the market and the second reason is the BOC - Bank of Canada today and they will...
EURUSD time frame 1H long setup scalp max risk 1% Thanks for watching
Hello Everyone. here is a long idea on GBPNZD. we are targeting the top of the range as it is showing a bulllish trend.
Based on technical factors there is a Sell position in : 📊 GBPUSD 🔴 Sell Now 1.21993 🧯 Stop loss 1.22965 🏹 Target 1 1.20875 🏹 Target 2 1.19058 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
EURUSD resistance zone weekly time frame down trend
USDJPY| Will USDJPY Fall Again? Hello traders! Over the last 4 days, USDJPY erased 360 pips of losses thus creating thus a potential sales opportunity. The price is testing the resistance area of the pattern and it has higher chances that it can move lower. The first price reaction looks very good. However, it gets a little risky ahead of the...
GBPUSD is trading in rising wedge pattern .currently it is trading near the resistance level . According to chart pattern analysis we might see down side in GBPUSD from current level towards support trendline 1 and later support trendline 2. Trade with stop loss and own capital risk management. vews/opinions are welcome to discuss.!
USDCHF CHART ANALYSIS !!! Make sure you do your research and based on your confluence please look for the entry. Trade safe use proper risk management always.
Hey Everyone, We had some of our Bullish targets hit at early hours of Tokyo session with ema5 crossing 1802 leaving 1811 gap open. We had a buy signal just below which stopped out. First one after a long time. However, just like our wins we share our losses. We always have a risk management plan that allows us to absorb these and maintain profitability, this is...
I entered into USD/CHF when it looked overbought on 5m chart. RSI was high & so was MACD. Notice the double top on the RSI below. Waited for a break below the 14 SMA on the RSI and was a little worried the uptrend would continue as my trade immediately went the opposite way. Bit riskier trade for me, especially with risk/reward ratio only being .54 Hit profit...