take a look at where price currently is sitting on and the long term resistive cluster around price... price at the moment is testing a bearish weekly channel resistance line and also at weekly high which means if the downtrend in weekly scale wants to resume price cannot close above this high. although that price can whipsaw above it but it can't close above...
As you can see in the chart bearish impulsive move followed by a corrective bullish move which shows price intention of moving lower after completing its corrective move. now in this case we need to be looking for an area where corrective move may end. for a bearish move to resume price need to take out enough liquidity in order to move down, as it can be seen in...
Market has dropped below the previous daily low zone. Should get a nice short for 70-100pips from bearish flag as market makers have shown strong bearish activity with given price action. Seeking for the market to possibly create a lower low which would take liquidity from the equal lows below.
Market has given strong price action to the downside with the current bearish push creating a new low. Seeking market to retrace and give sell entry from designated zone for nice risk to reward on a short. Market should continue pushing down and create a new low for over 200pips from entry zone.
Hai guyss.. just want to share my forex signal idea for today just pick 3 or 4 from my idea, if you need insight make sure you have known what is the character pair is..
This has been one of the longest days. I took two trades, the first at a loss of about -3.5% and the second 3 x 3.5% win.
USDCAD CHART ANALYSIS LONG!!! Make sure you do your research and based on your confluence please look for the entry. Trade safe use proper risk management always.
Based on technical factors there is a Buy position in : 📊 GBPNZD 🔵 Buy Now 1.9296 🧯 Stop loss 1.91240 🏹 Target 1 1.9395 🏹 Target 2 1.9517 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
4H bearish market structure as it can be seen in the chart, price just below an important structural point where price bounces up and down several times and shows that the area is important for traders. there are 2 areas that price can tap into and reject from, one of them is a local top in recent price bullish corrective move, price can take out liquidity from...
price 4H timeframe bullish structure move, followed by a lower timeframe bearish corrective move which brought price close to static support area and shows price intention of more upside move. for taking a buy position we need: 1- price tap into the supporting area 2- see some bullish move in form of engulfing candle which shows that buyers are in the market. 3-...
Price closed below an important low on Friday as it can be seen in the chart, also there is a clear 4H timeframe bearish structure which leads us to believe that now we can wait for a corrective move towards the 2 key highlighted areas to sell oil again. remember if price can close above the arrow it means there is a good chance for price to retrace all the way...
I'll be follow the USDCAD from this senario, waiting for 1.35500 for SELL position with 1.32280 target for sweeping he huge liquidities in this area. If this analysis goes wrong at any point, it will show me the right path and I will update this analysis for new positions in right way on price movement. FX:USDCAD
EURCAD hit our first profit target at 1.4004 from our analysis we posted early this month. It seems like the bullish momentum is still strong. We need to now wait for another pattern to form or for there to be some type of retracement before going long again. Bias is still bullish though. Trade well. MATI Trader
As you can see, in the one-hour time frame of the range of 1763, there is a negative reaction.💹 If the support range of 1750/1755 is maintained. The possibility of growth up to the range of 1768/1770 can be considered. Otherwise, further correction.💹 In the daily time frame, it is important to stabilize the price above the 1760 range for a positive trend.❗️⚠️ ❎...
Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the USDJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In HTF,...
EURUSD - Bullish Pattern In Development The EURO began to rise over the last few days and optimism for the FED to hold off on further interest rate hikes are helping the EURO regain some of its lost territories. During the coming week, both scenarios are possible in my opinion considering that the price is only at the beginning of a possible change in...
Hey Everyone, Please see updated Goldturn levels and targets for our 1H chart setup. Price is ranging between both support and resistance structures. We saw price tested 1758 resistance twice last week but EMA5 failed to cross 1758 confirming the rejection foe the push down. We then saw price break below 1750 but EMA5 failed to cross 1750, which confirmed the...
Hey Everyone, Please see updated 4H chart weighted Goldturn levels and targets. We are now seeing price range sideways between 1739 - 1755. EMA5 failed to cross 1739 twice forming a double bottom confirming the push up. We are now seeing price test 1755 but failed to cross with EMA5. We will need to see this level break to confirm 1778. Our plans to buy dips...