Hey traders! 👋 Keeping an eye on DXY for potential trading opportunities. The chart is showing some interesting dynamics, and there might be moves on the horizon. Stay tuned for updates as we navigate the market together! 💡 Why Follow? Gain insights into my Fibonacci approach. Track the progress of the 100k funded account challenge. Participate in discussions to...
On the above 6-day chart price action has corrected 92% since November 2021 @ 70 cents. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Strong bullish divergence as measured over 60 days. 8 oscillators print positive divergence with price action. 3) Look left (orange line, best seen on 2-day chart) price...
Hey traders! DXY seems to be eyeing a key support level, and it could be a bullish sign. The higher time frame (HTF) support is a solid foundation for potential upward moves. Keep an eye on how things unfold, as this could be a hint for more positive action. The HTF support could serve as a catalyst for a bullish scenario, but traders should exercise caution and...
In the current market context, USD/CHF is approaching crucial high time frame (HTF) support levels, indicating a potential area where bullish momentum could be reinforced. As we near these support levels, it's worth redirecting attention to the low time frame (LTF) for potential bullish setups. What are your insights on this potential USD/CHF trade setup? Feel...
In the current market scenario, USD/SEK is approaching pivotal high time frame (HTF) support levels, suggesting a potential area where bullish momentum might find solid ground. With the focus on these support levels, it's worthwhile to shift attention to the low time frame (LTF) for potential bullish setups. What are your thoughts on this potential USD/SEK trade...
In the current market scenario, EUR/USD is approaching significant high time frame (HTF) levels that pose as potential resistance. As we near these levels, it might be prudent to shift focus to the low time frame (LTF), scouting for bearish setups. What are your thoughts on this potential trade setup? Feel free to share your insights and analysis. 💡 Why...
Hey traders! 🚀 Checking out a potential bullish opportunity on USD/CAD, and here's the scoop. DXY is cozying up to strong support, and guess what? USD/CAD seems to be aligning with that vibe. 💡 Why Follow? Gain insights into my Fibonacci approach. Track the progress of the 100k funded account challenge. Participate in discussions to enhance your trading knowledge.
currently LTF price action is hinting bearish signals. LTF signals have yet to be confirmed but I could see AU putting in a top here
they always say that tuesday is reversal day.. only on way to find out
I got absolutely ran through on LTF GU entry last night but we are back on the horse! One more go for a bearish GU to call it a week
In the current market scenario, GBP/USD is approaching significant high time frame (HTF) levels that pose as potential resistance. As we near these levels, it might be prudent to shift focus to the low time frame (LTF), scouting for bearish setups. What are your thoughts on this potential trade setup? Feel free to share your insights and analysis. 💡 Why...
In the current market scenario, USD/SEK is approaching pivotal high time frame (HTF) support levels, suggesting a potential area where bullish momentum might find solid ground. With the focus on these support levels, it's worthwhile to shift attention to the low time frame (LTF) for potential bullish setups. What are your thoughts on this potential USD/SEK trade...
In the current market context, USD/CHF is approaching crucial high time frame (HTF) support levels, indicating a potential area where bullish momentum could be reinforced. As we near these support levels, it's worth redirecting attention to the low time frame (LTF) for potential bullish setups. What are your insights on this potential USD/CHF trade setup? Feel...
In the current market scenario, EUR/USD is approaching significant high time frame (HTF) levels that pose as potential resistance. As we near these levels, it might be prudent to shift focus to the low time frame (LTF), scouting for bearish setups. What are your thoughts on this potential trade setup? Feel free to share your insights and analysis. 💡 Why...
I changed the chart data from FXCM to OANDA as it more accurately represents the price action of my broker. I had a few trade ideas look like they got "wicked out" due to FXCM spreads (linked below).
going over UJ i decided to risk a bit of this week's profit to start building a possible USDJPY play for next week. If DXY wants to make a retrace (bullish move) USDJPY might go with it
As we are in pull back of 4H bullish trend so I think this area is good to go long. but I'll wait for CHoCH in lower TF. Let see what will happen...
GBPJPY uptrend 1.) respect weekly level 2.) break & retest on daily level 3.) strong 4h rejections 4.) 30 min buy area