Dear Traders all around the world If you like this analysis feel free to like and follow not to miss any of my setups. EUR/GBP is approaching a bearish Orderblock on the 3D chart. Therefore I‘m anticipating a Short position with two different targets. On the one hand I‘m looking at a 6.0 R/R position while aiming for a bullish Orderblock along with POC. On the...
Uptrend line breakout, Double top completed and retest
price action moved impulsively and broke lower trendline of the ascending channel, currently a correction pattern is forming clearly on lower degree timeframes, sell breakout again
Price have reached the top of a strong weekly range at the 0.7130 area ,i woudl say this is a critical area for this pair since it has been already 3 touches where price hasnt been able to to break and clsoe above indicazting a strong psychological level for sellers,so right now im waiting patiently for the following confirmations to go long or go short and thsoe...
This pair is on a critical area right now where a lot conditions could say that price will drop,we got a 3rd touch to the descending daily TL,MP fib with 38% and 50% that lines up with a 4h ichimoku,so right now i woudl wait till we get a clsoe in the lower timeframes below 145.70 to go short or above 146.50 to go long
Another JPY o na strogn bullish momentum and this pair right now is testing the top of the formed TL,so right now i would like to take a long position i want to see if tomorrow we can get a daily close above the previous high at 79.40
OANDA:NZDJPY NZD/JPY BUY: ENTRY:75.050 TP: 75.300 SL: 74.920 TRIPLE BOTTOM
AUDCAD has assumed a bullish shape. Currently we anticipate consolidating into long positions just above the blue trend line shown with target in the 0.96388 region. However, any price move or price close on a daily basis below 0.9352 zone invalidates the bullish outlook Happy Trading! www.trading-equity.com www.facebook.com
Hey Traders, We've approached the key support and resistance level and started to slow down on that level on daily chart. Market also made a doji candle which shows the sign of reversal from this level If we look at 4h, we'll get decent image of how momentum from sellers is dying and how buyers are coming in hot. Waiting to see final retest from sellers...
USDJPY finally trying to retrace at the previous structure level. If price manages to go at previous structure and we see a clear reversal signal we can definitely enter long continuing it's breakout after a clear retest. Good R/R ratios if we manage to enter that low. Keep this at your radar, and as always, enjoy!
Yesterdays entry did not trigger so will have replaced our order for todays session.
Conclusion for today’s USD CHF Analysis: The USD CHF is expected to continue bullish momentum, and price should target ~1.01651. USD CHF analysis for today is carried out on an intraday (6 hour) timeframe. Over 11 months of price action is covered starting from February 16, 2018 to current date. A rising wedge is identified and helps as part of the process of...
The US Dollar (USD) weakened on Friday on reports a short-term funding bill will re-open the US government for several weeks (at least). Based on the 15min Chart USDJPY may have reached its support (as highlighted on the char), paving the way for corrective gains. The potential target as well as the possible location of the protective stop are marked on the chart.