Hello my friends, Another trade ideas for today is GBPUSD pair. As you can see GBPUSD chart looks exactly like XAUUSD. XAUUSD has rallied for 750 pips in the last 2 weeks after hitting 1680 area twice. I still think we could see further rally in XAUSD as the measured objective of XAUUSD pattern is around 1830. In my opinion, we could see the same movement in...
After reaching to its resistance line in 4H time frame. it should hit these four targets.
- Price showing consistent bearish market structure with lower highs and lower lows - Recent equal lows followed by consolidation period indicate some bullish pressure beginning to step in - Will be awaiting break of dynamic resistance followed by retest before taking long buy position - Take profit set based on previous price action Looking for a 1:5RR, 2%...
As you can see price currently about to end wave-iv. We might see one more push to the upside towards 1762 area. Buy XAUUSD 1746 Stop loss 1742 Take profit 1762 (4R) Use only 1-2% risk Good luck
EURNZD Came back for 2nd long opportunity on testing leftover Imbalance and break of 1H ascending triangle area/ Zone
EURJPY Setting up for possible shorts after Double Top confirmation
Hello Traders, here is the full analysis for this pair. Watch strong action at the current levels for BUY ! GOOD LUCK! Great BUY opportunity USDJPY . I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it,...
Previously we took profit in this pair for +140 pips. Price now retracing and i think we're at a good point to entering buy again. We might complete wave-iv here as there is also a horizontal support level. Buy EURAUD 1.5550 Stop loss 1.5520 Take profit 1.5670 (4R) Use only 1-2% risk Good luck
Price pretty much overextended for EURCAD. It reached 361.8 fibonacci expansion and then made a shooting star candle. Overall EURCAD might make another wave to the upside but before that we might see some downwards movement first towards 1.4900 area. I will try selling EURCAD if it touch 1.5000 Sell EURCAD 1.5000 Stop loss 1.5045 Take profit 1.4900 (2.2R) Use...
First Thing You Need to Know Here Is That All The Strategies in the world are only successful if you can exercise the patience required. Sitting Tight Is the most important skill not reading charts. I Went Long In Balamines on 26th October 2020 Basis A Weekly Inside Bar Breakout. The Stock Was In A Strong Uptrend Before This And Had Taken A Pause Between August...
As you can see price broken above the descending trendline of previous downwards movement. In my opinion price completed the retest of broken trendline and might continue to go up again. Buy GBPUSD 1.3805 Stop loss 1.3750 Take profit 1 at 1.3990 (3.3R) Take profit 2 at 1.4115 (5.6R) Use only 1-2% risk Good luck
As you can see there is an inverted HnS pattern on this pair. Price actually already broken above the neckline and go down retracing a little bit. If you count that retracement, it stopped exactly at 61.8 fibonacci retracement. In my opinion we will see a continuation to the upside so we will buy this pair. Buy GBPCAD 1.7400 Stop loss 1.7300 Take profit 1.7600...
Where is EURUSD going? Right now we're in a very strong upwards movement, as the EU released very good numbers. Where is this going? Personally I have a long bias, however a Sell Stop is also in place. Check the chart for more details 👀 What do you think? Let me know!
Well that's my take on GBPNZD. I see it will respect the support zone for this time too and the prices can go in range within 1.96000 & 1.98000. Also the Double Top too I am watching it since Thursday it a Bearish Inside Bar PA candle on the second top but the RSI is not giving any signs of Divergence. So if I see a momentum break and corrective approach to the...
Looking at Dollar weakness and all time frame bias we can see the 1H could create the Inverted Head & Shoulder, 4H is still down, Daily have not violated and is Closed above the HL zone & previous last weekly candle have created the equal lows and now this weeks close is a sign of Liquidity Grab for an upside run. Just waiting for an Impulsive Upside break of 4H...
This is just a simple painting , no more no less ... Do the right job with your knowledge !!!
This is just a simple painting, no more no less ... Do the right job with your knowledge !!!
Top down from Monthly/Weekly We have been very Bullish the past 6 months although we did create nice HH/HL's on the Weekly showing signs of strength but on the Daily the legs are getting shorter and it looks like we running low on bulls. If this creates a Double Top we may be heading back down to one of those green areas of support. We have 2 major areas of...