Hi Traders! EURUSD is forming a potential double-top pattern, and there is great risk-reward potential for shorting opportunities near the resistance. Here are the details: The market tested the previous month's high of 1.10173, but the bears are holding very strongly around this level, which has currently formed a double-top pattern on the chart. Preferred...
EURCAD reached an important confluence zone on Friday. The underlined blue area based on 618/50 retracements of the last 2 bullish impulses and a horizontal key support. As a bullish confirmation, the price broke a resistance line of a falling wedge pattern on an hourly time frame. We can expect a pullback now. Goals: 1.466 / 1.469 ❤️Please, support my...
After a test of an intraday horizontal resistance, GBPUSD formed a descending triangle formation on an hourly time frame. I expect a bearish movement to the closest horizontal support. Goal - 1.2554 ❤️Please, support my work with like, thank you!❤️
EURJPY is a risky trade you can take with small risk (strongly recommended) until it breaks below support (potential pump fake out) please enter in with PROPER risk management and wait until further confirmations. EURJPY Sell/Short ENTRY: 163.882 TP: 160.494 SL: 164.668 2-5% risk capital.
NZDCHF is taking off from a key horizontal demand zone. As a confirmation, the price formed a tiny double bottom on that on an hourly time frame. We may anticipate growth now. Goals: 0.5428 / 0.546 ❤️Please, support my work with like, thank you!❤️
GBPAUD has has been on support trend for the last few days making it seem this can turn bullish for the next up coming weeks. Based off this analysis there is clear indication that holding on long enough can reverse the trend all the way up. Below I have provided full TP, SL, and entry points. Thank you for your time. GBPAUD Buy/Long Entry: 1.90882 TP:...
Watching and analyzing GBPCAD for the last few days it is clear confirmation that we are facing a heavy downtrend potential reversal from here on out through the next week. Please use risk management and please view all of our signals for more potential profitable trades! GBPCAD Sell/Short Entry: 1.71648 TP 1: 1.69757 TP 2: 1.67276 SL: 1.72642 RISK 2-5%...
#EURUSD Hello, everyone! Quite an eventful day in terms of price movement. From the morning, I had a clear goal to continue trading in the direction of the established trend. The equal highs formed in Asia were a bit concerning. The lack of interaction with this liquidity seemed unusual to me, but such situations occur occasionally, and we trade what the market...
GBPAUD current trend remains strong, not have been broken once in the last few months so it is safe to say to go in with proper risk and trade for a buy/long. Below are the inputs for entry, TP, and SL. GBPAUD Buy/Long ENTRY: 1.90648 TP: 2.01017 SL: 1.89402 2-5% risk capital.
Looking to enter in EURAUD long from here since the channel trade has shown this is a bullish trend and as well highlighted in the RSI that we can be breaking through these moving averages. Below is the signal inputs. Please enter in with proper risk management. If any questions on the trade please comment below and be sure to follow us on X!...
NZDCAD formed a double bottom formation on a strong horizontal support. We may anticipate a pullback now. Goals: 0.8220 / 0.8239 ❤️Please, support my work with like, thank you!❤️
GBPCAD leaves one more bullish clue. Retesting a solid demand zone, it formed a double bottom and violated its horizontal neckline. I expect growth now to 1.6925 / 1.6960 ❤️Please, support my work with like, thank you!❤️
GBPCAD has shown a clear weakness in bullish trend times making a slowed volume push and has shown clear bearish volume shorts put in by traders. I believe the trend will be now reversed and only clear a higher low for GBPCAD. Please use proper risk management when entering the trade. GBPCAD Sell/Short Entry: 1.69312 Stop Loss: 1.70333 Target: TP:...
Good morning, as you can see we have long context on 1h timeframe my target is PDL, higher we do have an IMB that can give reaction.
Monthly timeframe: We received a reaction from the imbalance zone at a price of 3600. It's worth noting that throughout the entire last year and this year, we have been in a long (corrective) context. The logical target could be the maximum of the year 2021. Invalidating the long context would be possible if the price drops below 3200 with confirmation.
#EURUSD This week, the euro lived up to all expectations from the higher timeframe. We confirmed the long structure by updating the key price maximum and securing ourselves above it. It's worth noting the movement on Friday when we cleared the liquidity formed on Wednesday (midweek low). For the next week, I anticipate the continuation of the long scenario with a...
Based on the provided market data, the FXS/USDT pair is currently trading at $6.94. The Relative Strength Index (RSI) for the 4-hour, 1-day, and 7-day charts are 63.74, 70.18, and 53.79 respectively. This suggests that the pair is slightly overbought on the 4-hour and 1-day charts, indicating a potential price correction or consolidation in the near term. The...
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...