There was a weak rejection at 1,0050 but we haven't yet seen the move down towards 0,9900. This is what we expect to see today but mind that price can re-test 1,0050 again. A move below 0,9980 will confirm the next drop on EURUSD. There are also better trading opportunities with other USD pairs, however we should see this scenario developing here as well.
Price has experienced strong bullish momentum and is now consolidating on the midterm resistance level. Bearish divergence on H1 TF suggests a pullback is about to happen. We can expect bearish movements toward support level of 137.50/137.35.
ZEC /USDT is Going to get a good setup for LONG POSITION you can get this position with LEV10 X Good Luck & dont forget to set SL & TP
Hello,Traders! EUR-AUD made a rebound From the support below And is going up now But a falling resistance is on its way So after the retest I think We might see a pullback Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
H4 - Price is bouncing higher from a key support zone. Bullish divergence. Downtrend line breakout. H1 - Bullish trend pattern. Currently it looks like a pullback is happening. Until the key support zone holds my short term view remains bullish here.
There was a pullback after the initial downside move on EURUSD and today, we will look to sell. The best entry opportunity would be a rejection of the 1,0050 level. Stops should be placed above 1,0100 and the target remains 0,9800! Entries only after confirmation from the candlesticks!
✅USD_JPY is set to retest a Strong resistance level above After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Pair: CHFJPY Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance ————— Key Takeaway: Seen price hit resistance for the 3rd time and seeing major bearish reaction. We are aiming to take this trade to support and broken trend which will now act as support ————— Level needed: need a close by 143.010 ————— Trade:...
We have an Order block on GBP/USD in the 4-Hour Chart. If we look at the daily chart, we can see the bears have been in full control for most of 2022. Today we have broken through a daily support setback in the middle of July. Fundamental news pushed the price further down at the end of last week. So, establishing our higher time frame bias as bearish, we now...
On Friday we had a reaction of the sell zone and an impulsive move to the downside. The next target will be below the previous low- 0,9800. Everyone who is currently in a short trade can move stops and expect this pair to continue lower. New entries could be made after a pullback that will give us a better risk to reward ratio. Don't look to buy!
1) Dominant break sell in 4h Timeframe 2) Fibonacci 2nd level in the same zone as SnR and (demande area 1) There is a good chance that price will do pullback or reverse
Traders, Let's talk about today's FOMC press release, the market's current reaction, and where we can expect this will lead us into next week as well as what today's FED vs. BIDEN admin tug-o-war means for future macroeconomic conditions.
Notes: * Very strong up trend on all time frames * Great earnings track record * Basing for the past ~5 months * Was rejected around the ~85.3 area and pulled back to its 20 day EMA * Now it's broken above that resistance level with high volume * Printed a pocket pivot indicating institutional demand * Seems to have also formed an inverse head and shoulders...
Notes: * Steady up trend on all time frames * Great earnings track record * Basing for the past ~8 months * Pulled back to its 20 day line and is now moving higher with volume Technicals: Sector: Technology - Computer Hardware Relative Strength vs. Sector: 3.54 Relative Strength vs. SP500: 6.42 U/D Ratio: 1.24 Base Depth: 64.4% Distance from breakout buy...
We shared our sell zone yesterday and also saw the reaction from it already Today, we may see another test of that same area and rejection again. That means, we may have another chance to sell. The target remains below 0,9900 but right now you can leave it as an open take profit. Once the move begins, then we will be able to determine specific targets. Also,...
The second correction ended with a rejection of the resistance level 1.1864, if it breaks the weak support level, it will target lower levels.
✅LITECOIN has hit a key structure level Which implies a high likelihood of a move down As some market participants will be taking profit from their long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
🔰You can see analysis of Australian dollars in US dollars in one hour time🔍 ✴️As is evident from the image, the price is moving in a parallel descending channel (purple💜). The areas of supply and demand are marked in the picture. Due to the presence of the price in the demand area, if the price can break the downtrend line (black🖤 line) upwards, you can buy in...