So usdjpy come to the neckline which it has accept it am going to take this sell couse of that respect on it and the structure formed my entry point 148.864 TP 147.502 AND STOPLOSS 149.194
Is CFXUSDT exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1400 followed by 0.1200.
What you guys think of it?
GBPJPY accept my idea, I did not place anystoploss but i just say if it goes all the way to 50 points am going to exit the trade. Big profit was been made on the idea lot size entry was 0.01 quick start on it.
After the move down from the 4h FVG yesterday I'm expecting GU to continue the momentum to the downside, I highly recommend to wait for a retracement into the inversing FVG and waiting for some confirmations in the lower time frames to take the liquidity at 1.2060 and further more from a long term persepective
Hey there traders,
After last week market shows us nice pattern of selling pressure. Let's see
##Daily
Market broke the strong support zone...
and made retest and shows us a nice rejection candle at the previous support zone.
Bias = Down
##Hourly
Market shows us a nice support zone....
trying to break that zone several times.....but did not
In...
Daily Structure is Bullish, but I noticed a shift because of supply 1.31073.
Upon checking the timeframes from daily to 1H.
I see continuous creating of new supply.
I wait for Drop Base Drop formation and focus on IC that will be created,
2H POI conclude that I will have a trade this week. I refine it to 1h and 15 minutes distribution.
validity--> 2h...
A bearish trade opportunity recently presented itself on the loonie-yen currency pair.
This is indicated by the bearish harami candlestick pattern just below the 110.646 horizontal resistance level.
This shows a rejection of the same resistance level, with potential price move downward ⬇️.
Sufficient downward momentum should see price moving towards the ...
Hey guys what is up, so gcad may be preparing to turn and go back up, I am closely monitoring it today as I do believe it is due for not just a big pullback or correction but I also feel like that most recent low (support) needs to be validated
Let me explain why I think so - If everytime a trader buys support that support is broken..don't you think eventually...
Hello trader here is what I think about GBPUSD (feel free to share your own)
GU broke H4 Lower low and now on H1 I saw a retest I'm looking forward for a Lower low as per my position it's a quick sell to the support
XAUUSD Update Gold is in a long-term downtrend. The gold sell order signal is placed at the time of very important news and is risky. According to our opinion, the price will continue in a downward direction by collecting liquidity in the time of the news by reacting to our entry order.
risk high
hello guys.in 4hr time frame a bearish candle closed under the last low and changed the trend direction/character (CHOCH).
also we have choch in 1hr.and as you we have FVG area in 4hr.
so in pullback we are waiting for confirmation to open sell position.
R:R 1:70
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