One more update for USDJPY .
Since my last post, the price formed a double top formation on 4H.
Bearish breakout of its neckline (yellow zone) will be a perfect trigger to short.
Your goal will be 110.25
In case of a new higher high higher close on 4H, the setup will be invalid.
❤️Please, support this idea with a like...
EURUSD - Intraday - We look to Buy at 1.1924 (stop at 1.1894)
A bullish reverse Head and Shoulders has formed.
Neckline support is 1.1920.
Bullish divergence is expected to support prices.
Our outlook is bullish.
Our profit targets will be 1.2011 and 1.2031
Resistance: 1.1950 / 1.1970 / 1.2000
Support: 1.1920 / 1.1900 / 1.1890
GBPNZD has been in a staggering teeter uptrend in the past few months. New highs continues to form as previous resistance gets broken after a few trials.
Last week, we saw a bullish burst open above the daily resistance of 1.197500. The bulls against the bears.
We have now seen price come back to this level and at the time of writing, this daily candle is...
EURNZD - Intraday - We look to Buy at 1.6903 (stop at 1.6874)
Daily signals are mildly bullish.
Offers ample risk/reward to buy at the market.
Pivot support is at 1.6903.
Pivot support is at 1.6890.
We look to buy dips.
Our profit targets will be 1.6989 and 1.7009
Resistance: 1.6930 / 1.6970 / 1.7000
Support: 1.6900 / 1.6870 / 1.6850
GER30 - Intraday - We look to Sell at 15588 (stop at 15645)
Short term bias is mildly bearish.
20 4hour EMA is at 15570.
50 4hour EMA is at 15600.
Pivot resistance is at 15603.
Preferred trade is to sell into rallies.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Our profit targets will be...
👉 Trend still bearish for now.
👉 Price is in mode finish with consolidation phase.
👉 Continuation down trend pattern chart is taking place.
✅ Trading idea 1 : Sell from current levels to target last support level at 1761. and put stop loss above resistance level at 1795.
✅ Trading idea 2 : Sell after price breaks support at 1773 and put stop loss above...
Hi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also let me know your thought in the comment section what you...
👉 Main trend still bearish.
👉 H&Sh reversal pattern to bullish trend still validated till now.
👉 Price moves in Up channel. More higher high and lower high.
✅ Trading idea 1 :
Take a buy from this level. To target take profit zone.
✅ Trading idea 2 :
If price breaks Up channel trend . H&Sh pattern will be invalidated. and main down trend will retake place...
Hi everyone!
Seeing an opportunity to play the bounce here on EURCAD with prices pulling back to the ascending trend line and 78.6% fibonacci retracement, where our entry is placed. Our stop loss is placed below the trend line and recent low and take profit levels are based off the -27.2% and -61.8% retracement. What are your thoughts on EURCAD?
The price made a good squeezing near the key level and finally broke through it. I expect on retest to 26,65. Only in that case, I'll buy. Don't forget about SL.
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