One more instrument that we discussed on the today's live session is AUDNZD. The market is currently testing a confluence zone based on a rising trend line and a horizontal support. To buy the pair with a confirmation, wait for a bullish breakout of the resistance of a horizontal trading range on an hourly time frame. You need an hourly candle close above...
GANN set up +Major swing structure +Minor swing structure .
Aussie continues performing as anticipated. We Maintain The Same Outlook. Double Top formation. Aussie Must Stay Below "Kolero" To Maintain a healthy Momentum to Resume Its Downward Move Toward The Target. A Clear Close Above "Kolero" Will Abort The Above Scenario And Open Window For An Extended Upward Move.
XAUUSD The Big Short is on the way expecting more down trend on gold thıs comıng week after a pullpack
GU and the rest of the xxx/usd assets have been forming obvious corrections this month Why is it a correction and not a major top. Well, corrections... 1. begin with very little consolidation (vs peaks that contain big periods of consolidation before reversing). As you can see GU only consolidated for 2 days before coming down. 2. they usually contain 1-3...
USDCHF - Selling Opportunity. Analysis Timeframe: 1D. Selling opportunity on USDCHF if we observe price confirming a downward breakout of the chart pattern with a strong candle. Our profit target will be set at the last low before the formation of the mentioned pattern. As for the Stop Loss, we will place it above the fast-moving average acting as resistance. (🇬🇧)
We got a bounce from the Demand Zone. Looking for strong upside move from here. Entry - 1.2662 Stop loss - 1.2576 First Target - 1.279 Second Target - 1.2935 Final Target - 1.312 Please let me know your thoughts. Happy trading!
Looks like we might get a good long setup for EURUSD. Nice retracement on a Daily timeframe after a rally and expecting to hold this buy zone and test the immediate sell zone Entry - 1.08950 Stoploss - 1.08250 First Target - 1.11300 Final Target - 1.12200 Please let me know your inputs. Happy Trading!
Here's is my quick breakdown on NAS100 using the daily and 4HR timeframe to idetnify high probable area to enter a buy trade to continue with the trend (market structure).. LET ME KNOW WHAT YOU THINK AND DROP YOUR COMMENTS BELOW!!!! *ALWAY REMEMBERS; ITS PROGRESS OVER PERFECTION!!!***
We got a bearish move for past couple of weeks and expecting a continuation of this move to the downside. I would like to see some range bound movement in the current demand zone to further downside move. Entry - 0.6530 Stoploss - 0.6589 First target - 0.6418 Final Target - 0.6295 Please let me know your thoughts. Happy trading!
Looks like we are going to break the sell zone and create a higher high. I would like to see some retracement before the next leg up Entry - 142.57 Stoploss - 141.35 First target - 146.4 Final Target - 148 Please let me know your inputs. Happy trading!
Pair : DE30EUR ( Germany 30 Index ) Description : Consolidation Phase Impulse Correction SMC - CHOCH Bearish Channel in Short Time Frame Fibonacci Level - 61.80%
I think that the dollar will see a turn to the downside in the coming weeks. We are nearing the top of a weekly decending trendline as well as 103.00 being a resistence zone. We could hit 103.000 and see DXY turn bearish on lower timeframes. This is not financial advice.
USDCAD - Selling Opportunity (Part II). Timeframe of the analysis: 4H. After the first analysis on USDCAD with double Take Profit and having already achieved the first one, the price has formed a bearish continuation pattern that we hope will break in the next move and take us to the final profit-taking point.
Are you ready for a new week of trading? Let's delve into the analysis of GOLD (XAUUSD) using the 4-hour chart and assess our expectations for the upcoming period. The current price action of XAUUSD is exhibiting several signs that suggest another downward movement in the beginning of this week, possibly leading the price to reach the bottom of the trading range...
We broke the daily market structure on July 19th and retraced beautifully in the buy zone last week. It looks like we can see some upside move here on to the sell zone. Entry - 0.85650 Stoploss - 0.85360 First Target - 0.86330 Final Target - 0.86770 Please let me know your inputs. Happy Trading!
Shorting GBPJPY as seen a main resistance has been hit and bounced off from on the Fibonacci retrace. First TP shall be placed at 175.980 second TP target is 170.979 SL shall be placed 25 pips as always from entry.
OANDA:USDJPY Knowing your Liquidity TrendLines and Patterns should keep you safe somewhat Plot them on "your" charts.