EURJPY Buy - 4 hour time frame Wedge Pattern Formation Breakout completed and Trend Reversal also . Entry - 160.200 Target - 161.350 Thank you ..
Audusd - 4 hr timeframe near Resistance area . 30 min double top formation . Wait for neckline breakout . Entry - 0.65000 Target - 0.65850 Stoploss - 0.65200
Title: GBP/USD Short Opportunity on Retest of 1.26695 Resistance Overview: The GBP/USD pair is currently exhibiting bearish tendencies, with the price encountering a key resistance level at 1.26695. This presents an intriguing short opportunity, aligning with the overall bearish sentiment. Technical Analysis: Major Resistance at 1.26695: The price has...
USD is clearly moving in a bullish direction against the JPY. Thus this trade can be a good opportunity for a LONG trade at One hour interval. NOTE: If you are planning to take this trade then do not forget to put your SL. Once the TP1 hits, bring your SL to Breakeven. Best of Luck.
As per the preliminary consensus, the US economy grew at a slower pace of 2.1% after expanding 4.8% in the third quarter of 2023. A slower growth rate would undermine the argument supporting a restrictive interest rate policy atleast until second quarter ends.silver ready to jump The hopes for an interest rate-cut by the Federal Reserve (Fed) has already eased...
Dollar Update: sideways if break this area then go down otherwise go up wait for confirmation Now This Is Decision Area ANd YOu Can See Down Below Both Price Action If Dollar Make 2 Consolidation With Slow price action ups than down it could be good for bullish Other See Type Of Correction If Get decent Correction it will drop again key Point: If Rise With...
As you can see in my chart - this is a simple trade using wyckoff schematics. 1H is my main TF of analysis (intra day trade) after that I go to 45-30-15 min and look for shift in market structure. I found out accumulation in this 15minTF and then I wait for IC creation + validity/ proof. I set my pending order with an RR of 1:8 Using distribution schematics...
OANDA:USDJPY USDJPY (H4) There were reaction signals after RSI divergence appears Sell now at 145.240 Stop loss at 145.601 Take Profit 1 at 144.485 Take Profit 1 at 143.643
🏃♂️ USDJPY is moving near the 🟢 Support zone(143.40 JPY-142.82 JPY) 🟢. 🌊According to Elliott's wave theory , USDJPY has successfully completed wave A in the 🔴 Resistance zone(146.26 JPY-144.94 JPY) 🔴. 🌊The structure of corrective waves is Zigzag(ABC/5-3-5) . 🔔I expect wave B to end at the 🟢 Support zone(143.40 JPY-142.82 JPY) 🟢, and USDJPY will trend...
As you can see, USDCAD react from above supply and then manipulating highs in 1h- 30min-15min TF. (1.38770 supply) . If you check the 1H TF , you will see a footprint of smartmoney making LH (this is the part where Im taking my pending sell order) mt5 platform. check chart for a detailed move aiming for another lower low in 4h and daily TF. Today my trade was...
Hi guys! I have here a simple trade this week, checking the daily TF of pound dollar, i noticed a supply above (nov. 29 2023) -Nov. 30 move. After checking the bullish move on daily---> 4h---> 3h-->2h--> 1h. I checked for possible demand zone and set a pending order in my mt5 raw account. Nov 30 2023--> it reacted to my POI (point of interest) . so i wait...
In this video, I the possibility for a continuation upwards on eurusd. I also talked about the things I will like to see the market do before I will be looking for entry positions for a long trade. I also talked about the possibility for the price to continue downwards since it's coming off a weekly 61.8 fib level. I talked about what I will expect the market to...
The structure of gold still remains bullish, a small cup and handle is forming within the handle region of a larger cup and handle. A decisive breakout of the handle might start a multi - year bull run in GOLD. KEEP IT IN YOUR WATCHLIST!
Now, it's obvious that the ascending channel resistance I talked about on the 4h timeframe this morning seems to be holding. You can see how the price is rejecting the resistance and has closed lower than the 1.09500 level. Also, a counter trendline I drew has been broken to the downside which acts as added confluence for a possible continuation downwards. This...
In this video, I did a full breakdown of eurusd, showing the important levels of structure in the market, and how I intend to trade today. I also talked about what I will expect to see before I take a trade and what I'll see that will make me not to take a trade. If you like this kind of video, Please follow me and give me a boost.
I'm sorry for sniffing loudly like that. I'm still recovering from catarrh, cough and other upper respiratory tract infection related sickness. I made a full breakdown of this pair, analyzing what I expect to happen on this pair. If you liked the video, please follow me and give me a boost.
I'm sorry I'm unable to make a video today. I'm currently down with ear pain, catarrh, cough and sore throat, and they're killing my voice. For today, I'm not expecting much. The price appears to be rejecting the weekly 50% fib level I have been talking about. This means there's a possibility for a move downwards today too. On the 4h timeframe, the price looks...
I have just taken a sell position on USD/CHF expecting some strong selling pressure over the next coming weeks. From a technical perspective we can see price has come into 0.90000 level which is a key area of daily / weekly resistance where in the past the market has reacted to favourably. I am expecting again a strong reaction from this area. I will not be...