1H
Corrective approach towards entry zone.
Price moving towards entry zone in Descending channel.
= Instant market execution Buy.
1% risk.
Aiming to take full profit at Daily TP.
Trading Setup:
A Trading Signal is seen in the AUDJPY Currency Pair.
Traders can open their Buy Trades NOW
⬆️ Buy Now or buy on 98.71
⭕️SL @ 98.19
🔵TP1 @ 100.24
🔵TP2 @ 101.24
🔵TP3 @ 102.79
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading...
I am not trading USDCHF (I only trade GBPUSD), but I made an outlook of what to expect for the coming weeks.
We confirmed a 30m bos which creates buying interest. Previous structure low is taken out so major liquidity is taken while mitigating from a strong demand. A break on the 1H TF would give more confluence although this has not happened yet.
If price...
Price made a false breakout of the previous week high with a strong bearish reaction. Also, the start of the new week will probably be manipulation with distribution lower.
A great sign of weakness is when the new week candle open, makes a false run on one side with a a sweep of liquidity (many traders are trapped), and then distributes on the true side.
4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
=Buy limit.
1% risk.
Aiming to take full profit at Daily TP.
Price made a false breakout of the previous week high with a strong bearish reaction. Also, the start of the new week will probably be manipulation with distribution lower.
A great sign of weakness is when the new week candle open, makes a false run on one side with a a sweep of liquidity (many traders are trapped), and then distributes on the true side.
4H
-68 Fib completion aligning with entry zone.
= Buy limit.
Bullish M pattern & Bullish Fake Out flag also there.
Instant market execution Buy.
0.5% risk.
Aiming to take full profit at Daily TP.
The 1W (weekly) timeframe continues to remain in a long context. The main target has not yet been reached. Most likely, the upcoming week will be in a correction phase, after which the target will be achieved.
4H
Corrective approach towards entry zone.
-27 Fibonacci completion aligning with entry zone.
= Instant market execution Buy.
1% risk.
Aiming to take full profit at Daily TP.
Hey there, Upon reviewing the FX:GBPUSD chart from a mid-to-long term perspective, the trend still leans towards the bullish side, with medium-to-long term targets potentially lying within the 1.32 to 1.33 range. Currently, on the 4-hour timeframe, the price is trading around the 1.30300 level.
Possible Scenarios:
In the current situation, if the price...
