Hello,Friends!
We can see that EURUSD is about to go up based on the current price action
Overall market sentiment is bullish right now
And I can see smart money entering longs
So we will buy too!
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The price went beyond the resistance of the descending price channel and rolled back to the level for consolidation. I look forward to growth according to the global trend. Target - resistance 1.20
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Good morning traders! Today we will analyze GBP/USD, as it is in an interesting bullish situation, and this movement may continue next week.
🔸On the 4H (published) chart, we see that the price bounced to the bottom of the bearish channel. From there, the movement has been quite vertical.
🔸We are currently in a corrective process, which will probably last until...
The price tested the resistance formed within the price channel on an uptrend. The currency pair is working out the level and is being turned off. I'm waiting for a breakdown of resistance on retest. Medium-term target resistance 1.697
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Hey traders,
Here is our technical outlook on EURCAD.
The level where the price is trading right now is peculiar
and the price will most likely retrace from that.
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Hi guys,
Entered long a couple minutes ago on GBP/JPY. As you can see, the former resistance was broken with a strong bullish candle on M15 with volume .
My target is the top of the pitchfork at around 152.350.
Please zoom out to see the whole structure.
Best,
Jesse
The instrument is correcting after a false breakout of a strong resistance. Relatively positive news is going on for cryptocurrencies, it may be worth expecting that soon they may start to be bought out, and a price recovery is possible.
Do you agree?)
Your Solldy.
AUDUSD broken the up trend line and now we wait for AUDUSD breakout and buy stop
AUDUSD
TYPE : BUY STOP
TF : H1
ENTRY PRICE : 0.7399
STOP LOSS : 0.7335 (64 PIPS)
TAKE PROFIT : TP1: 0.7419 TP2: 0.7455 TP3: 0.7515 TP4: 0.7599
And so, the currency pair was consolidating to the level and breaks through it without impulse. I suppose that there will be no continuation of the movement. I'm waiting for liquidity grabbing from the pivot point - 1.17 i.e. false breakout and growth according to the global trend to the resistance of 1.185
Remember, there is no place for luck in trading - only...
🏛CHF_JPY has retested a support confluence
Of the rising channel support and horizontal level
And we are seeing a bullish reaction
I think that the confluence might be retested again
Which would give us a perfect entry to buy!
SWING LONG🚀
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USDCAD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Long USDCAD
Entry Point - 1.25953
Stop Loss - 1.24765
Take Profit - 1.27731
Our Risk - 1%
Start protection of your profits from lower levels
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The pot boom is finally here. It's time to go up. 270,000,000 shares short, the shills are trying to say the targets are anything but what they are which is super high. 5-10-20-50$ possible. do not miss this 1.
The company has now become a loan shark and multi merger. do not let bears fool you.
USDJPY has created a clear inverse heads & shoulders which shows us that it will be buying great!
ENTRY @ 110.249
TP @ 110.795
SL @ 109.996
I will be holding till TP because i do believe in my analysis lol.
Happy trading and please leave a like or a follow if you like my work! :)
Here is our today's forecast on NZDJPY.
Our analysis is based on purely technical outlook.
According to our chart NZDJPY is trading within a demand cluster.
Based on our stand point the market will accumulate.
Please, leave a comment and support us with like.
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Price is testing and likely to bounce up from our pivot in line with the ascending trendline, 61.8% Fibonacci retracement as well as 161.8% Fibonacci extension level. Price is expected to rise up to our horizontal swing high which is also in line with 61.8% Fibonacci extension level. Our bullish bias is supported by how the Stochastic is seen to be approaching the...
Hey Guys,
according to my Elliot-Wave Count Gold is in a bullish Cycle. I'm confident that Wave 2's correction is over since every possible Parameter in Time and Length of each wave fits perfectly with my Bias. Therefore I doubt we will see the 179x Zone again or any more deeper downside. I engaged my Long at 1793. If we are in inner wave 1 now we should see a...
