Hello traders, Since last week, we saw EURUSD price on a downtrend until Friday when there was a Break in Market structure and a change in the direction of the general trend. I am anticipating a bullish EURUSD this coming week with our entry at the Fair Value Gap. Good luck.Trade responsibility.
AUDUSD is testing a solid horizontal supply area on a daily. To catch a bearish movement from that with a confirmation, watch a horizontal range on 1H time frame. If the price breaks and closes below the support of the range on 1H, I will expect a bearish continuation. Next goal will be 0.656. Remember, that if the price breaks and closes above the...
Technical Analysis and Outlook: In this week's session, the coin has achieved the projected prices of Mean Res $27,500 and Mean Res $28,750 as outlined in the Daily Chart Analysis for the Week of May 26. Based on the current price action, the coin will likely test the Inner Coin Dip of $25,800 and potentially make a significant drop to the Outer Coin Dip of...
💥The resistance range has been broken and it seems that it can make a move... 🔥Low market cap and high risk... ✌WOMAN , LIFE , FREEDOM✌
Hello Folks. The S&p 500 just breached the high at4227.25 of the candle of 19 May and rejected the Monthly C.E of the wick of the august candle, if the price retarce to the daily FVG showen here and find support at it i think that the high 4243.25 could be taken. if the price didn't respect the daily FVG and passes trough it i will treat it as a IFVG and i will...
There Price Too High/ Too Low in the market. My perspective, GBPAUD still going up. Disclaimer On, trade safe.
after the remarkable reaction to the fl and the good r/r=4 of long position, I believe there is a good chance here for short position.
Hello Traders, I present to your my detailed analysis of EURUSD as we end the Newyork session. The pair is bouncing off a key level which is this week's opening price after the break in market structure. Let's catch some pips. Trade responsibility.
5th wave climax action may push the index near 18680
Notice level 0.87000 highs, act as supply level German gdp low UK cpi high Boe seeking to keep rates higher longer Price breaking level 0.86488 will give level 0.85800 demand level.
check previous post about Trap trade given in my last post BINANCE:HIGHUSDT.P
Market structure price action price channel support level break out waves imbalance
Hi traders! The current market conditions suggest a potential shift in the AUD/USD exchange rate, favoring an upward trajectory. Despite some bearish indicators, we are adopting a cautious approach and await a temporary retreat in price before initiating any trades. This strategic decision aligns with our analysis of a channel down pattern, indicating a favorable...
If the resistance zone get broke going to the upside it will go to the next resistance zone and you could get a nice amount of points. If the support zone get broke going to the downside it will go to the next support zone and you could get a nice amount of points. Always use risk management when trading.
Technical Analysis and Outlook: This week's index did not surprise us with the swift rebound (Mean Sup 4110) and continued the reignited rally as specified in a previous couple of weeks of daily chart analysis. The price action is expected to reach our primary destination of the Outer Index Rally at 4230 and possible extension to Outer Index Rally 4285 and Major...
As predicted with 70% prob in the last post, BTC broke to the downside with such a bear power, which broke 2 support lines at once. FOr the first time since nov 2022, it broke through the long term bullish channel, which is an evidence of the huge bear power. At the same time, it roke through the lower support/resistance channel. I interprete this is a huge...
- Test for support in the 298-302 range by next Wednesday 4/19 - Then bullish move to 336 by May 22nd (5/22/2023) - Then another large pullback to test 300-306 range for support. Will re-eval from there, should be around 6/20/2023 when it retests the 300-306.