Hello Traders, We have A Support Zone. If The Price Breached The Trend Line, Take Entry While Retested and Looking For Bullish Momentum. Please Note That The Only Purpose of The Information On This Page is Purely Educational. I Would Welcome Your Participation And Support in the Form of Likes, Comments, And Follow us to Offer Some Encouragement. Thank You.
Hello Traders, I know this pair is not one that most people trade, however, the price structure of this pair presents a short trade for day traders. This pair has some bearish juice in it and based on the price structure, this pair is retracing after the bullish rally. If you look closely at how yesterday's candle closed, you will notice that the price was...
Hello Traders, This pair which is a new addition to my watchlist is looking interesting. Let me tell you why... Firstly, the price just took out Dec 2022 high and reacted. You would see my label on my chart. Now price made a bearish expansion but not before taking out the relative equal highs as marked on my chart. Now that price had taken buy-side liquidity,...
Hello Traders, This pair which is a new addition to my watchlist is looking interesting. Let me tell you why... Firstly, the price just took out Dec 2022 high and reacted. You would see my label on my chart. Now price made a bearish expansion but not before taking out the relative equal highs as marked on my chart. Now that price had taken buy-side liquidity,...
Hello Everyone! the British Pound has reached its daily resistance area that is 1.67488, it looks weak and also the overall trend is bearish on higher timeframes thus we expect it to move to 1.63916 zone in the short term. Long term target is 1.60006 Thank You, Like and Comment if you like the analysis..
We are Expecting GBPSGD for long sell from Supply Level 1.82757 as the market break the Demand Level 1.80353. Market can go up till the Supply Level 1.82757 for sell entry after Re-Alignment in Short TF, If we see any Confirmation about Re-Alignment then we will update about market trend, We can sell it from the Supply Level 1.82757 to Demand Level 1.72650.
More difficult scenario. The higher-end market is up. Now the market is in a correction and is going down. The buy position now is very inconsistent with the move, so a high-risk trade. Then I will open a short which is in line with the current correction
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"Adam and Eve" is a secondary reverse pattern which may have different representation. In the ideal version it resembles a double top with the particularity that the second maximum is rounded, smoother, slightly decided. Another important difference with the double top is given by the asymmetry in time between the two maximums, the Eve phase can last longer than...
Looking for a rejection of support for this to climb higher. Recently broke above a big resistance level, if price can hold here and not fall below support again then there is a good long opportunity on this. Want to see MACD remain above 0 and EMA to remain bullish if and when this holds at support before longing. Target is at the next high of 1.88158
Pattern: Channel Down. Signal: Buy as the Channel Down broke upwards. Target: 1.77400 and 1.7800 (the two Resistance levels) ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
it can or not?!?!
GBPSGD expected to rise up to 1st resistance at 1.74669 where it could potentially react off and drop down to 1st support at 1.70633. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 1.7710 • Take Profit Level: 1.7850 (140 pips) If the...
GBPSGD bounced off 1.74860 where it could potentially rise further to 1.76483. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPSGD is expected to drop to 1st support at 1.72191 where it could potentially react off and up to 1st resistance at 1.73065. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 1.7085 • Take Profit Level: 1.7200 (115 pips) If the...