Weekly Long trade on USD/SGD Nice Outside Bar formed on the weekly looking to Long Enter @ 1.35213(retracement to 61.8) SL @ 1.34615 TP1 @ 1.36781 TP2 @ 1.37379
Dont sleep on CHFJPY today - Swiss Franc historically acts as a safe haven for investors in uncertain times, making this fundamentally bullish. From a TA perspective we can see the correction on the 1D TF is showing signs of deceleration and is about to test our weekly POI demand zone, waiting for a false move below the lows to induce bears then we can look for a...
If price do not cross 1.15298 level then it can be consider as trend has changed and target will be long. Buy at the same level as current price is moving stop loss can be 1.15154 1st target will be 1.16424 and 2nd target will consider as 1.17470 and still can be hold for much bigger target. As weekly chart is also showing.
How can a winning trades make up for a losing trader in the forex market? Here are my setups and how they are playing out so you can get the picuture.
USDCAD H4 Here is the break we was expecting in line with USD weakness and continued CAD/WTI strength, as WTI broke that $80/barrel, we saw CAD climb in strength. Looking for the pullback to the broken support (now resistance price) to offer short entries, in line with a solid confluence stack.
USDCNH has recently broke above daily supply with a impulse to the upside, followed by a correction to retest previous retest previous resistance as new support in confluence with the 0.618 fibonacci. On the 4h TF we can see price is still in a corrective downtrend, waiting for a break and retest of 4H structure before we can potentially look at a long entry here.
as we had observed a H&S pattern on this instrument (Linked) and Bearish Divergence with MACD (Linked) now we are at a critical point as market can move heavily to either of sides. we can take our positions as soon as we get a break trough and confirmation pull back on any sides. we should have an eye on DXY as it has also showed some reaction on its current...
Happy New Year for you all Newbies Intermediate Expert - I wish you all a blessed and profitable 2022. I wish you more health , more wisdom , more knowledge , more profits. Don't forget... trade is your perspective about your own life , never judge anyone , never care about what you dont know. Be more disciplined , Be more Motivated , Be more Human , Be more...
AUDUSD has an intraday long opportunity based on my A.I time prediction strategy. There are a lot of things coming together at the same time. 1. We have had a 120 point drop from the recent high with no 38.2% pullback yet. 2. We have the 89% retracement from the recent low and high 15m chart. This gives us a very low risk opportunity to see if its right. 3....
GBPUSD H4 Same again here for GBPUSD as compared to GBPJPY... Looking for a bit of a market correction here on cable before then taking off again. Heavily influenced by 12:00pm events though, so please be aware and protect positions. Should be another interesting day with aggressive GBP related moves as previously mentioned. 1.33 is clear resistance. So a pivot...
3 days, daily, 4H time frame analysis on USDJPY. Price action & key levels. Trading recommendations & thoughts. ❤️Please, support this idea with like and comment!❤️
GBPJPY buy📈 I buy GJ on 4h tf, because we see a rejection from the demand zone made on friday. Our final TP is around next big supply (around 150.7) Partial profit around 150.6 SL below the demand zone (around 150.3)
CADCHF reached a peculiar confluence zone. We see a perfect match between a horizontal daily structure resistance, 618/05 retracements of the last two bearish impulses. As a confirmation, I spotted a double top formation on hourly time frame with a neckline breakout. Now the pair will go lower. Goals: 0.7265 0.725 ❤️Please, support this idea with like and...
Hello traders, Gold has bounced just from Monthly resistance and has created and bullish engulfing pattern on a daily. As the monthly support @ 1759.00, a buy trade opportunity arises from 1777.21 by pending order and may be targeted @ 1826.00 as this is the nearest resistance as well as 61.8% Fib level. The price is likely to reach with either bull or bears are...
GBPJPY H4 Nice rejection candle forming on this active H4, a bearish close similar to what we are seeing now could confirm a rejection of the retest of 153.000. Multiple confluences around this price, but very early on in the week, would be good to see it out for sure.
USD / JPY four-hour chart. The currency pair continued to move up, but now the price is at the levels of the upper border of the horizontal channel in which the price has been for a very long time. Therefore, from the current levels, we are waiting for the development of a corrective movement in the direction of the four-hour supertrend line. ... Trading...
GBPJPY H1 This is what we should be looking for on the lower timeframe front, we are simply moving from left to right with a circa 85 pip range, we could measure trades from support to resistance, but ideally not resistance to support, as we are ultimately expecting a bullish break to see out some corrective moves due from last week.
GOLD - As per the price action, trend lines , & technical indicators gold is expected to go down from the current price. My approach will be a sell in the range 1819 - 1822 Potential downside : Target 1 : 1810 Target 2 : 1800 Target 3 : 1795 Maintain stop loss around 1830 Trade as per your risk appetite, I will be glad to see your likes & comment.