USDJPY looks like it is willing to respect the trendline for what appears to be a bullish reversal pattern. I have a strong feeling from here we will see a nice movement upwards to 148 for a higher low retracement.
EURUSD Today for me. My potential setups you see on chart. This is not recommendation ;) Just my view. Usully I use 3 or 4 orders with TP1-TP4 Minimal Risk reward is 1:1 NOT LESS Here potential is a lot of pips ;)
The market bounced off support and broke above 2020 levels. OANDA:XAUUSD market continues to bounce from this level. I will look for a pullback to the support level and a long-tailed bar as a sign of rejection. I think the price may go up because it failed to go down after breaking the previous low. It's basically a fake break. Bears do not have enough strength...
The price perfectly fulfilled my last idea. It hit the target. FX:AUDCHF is in the downward channel, and now the price is updating the swing lows. It's heading towards the resistance zone and upper channel border after testing the support. I look for a test of the support and more downward moves because the trend on the daily timeframes is bearish. I expect a...
The market finally broke out of range one. FX:EURUSD tanked below the support level, breaking through the channel. The price broke below the support level at 1.09000. After the breakout, the price formed a swing zone. On the daily timeframe, it fixed below the previous weekly low. The market is in the distribution phase. On the 1H timeframe, we have divergence....
Looking at a new rejection that seems to have been struggling to break past 1.93100 I can confirm to say this seems like a bearish downtrend that is occurring. I will take my entry now at 1.93072 with all inputs for TP and SL below. Please use proper risk management as always. GBPAUD Sell/Short ENTRY: 1.93072 TAKE PROFIT: TP 1: 1.89317 TP 2: 1.86379 SL:...
USDCAD on daily has shown that within the channel trade it will begin to reverse and has confirmed a rejection point. We should see a further sell off from here on out. Below is the trade analysis please be advised that we urge proper risk management for the safety of your margin accounts. Thank you. USDCAD Sell/Short ENTRY: 1.34809 TAKE PROFIT: TP 1:...
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥 Potential bounce areas for Buying 6.386 and 5.729 👉 Follow me for More Real Time Opportunities. Share your Thoughts if you have any?
In yesterday's post, I said there's a good chance OANDA:XAUUSD might go below the important 2020 support level. If that happens, we could see a change in the medium-term trend. Bears were in control all day and managed to break that level, hitting a low of 2002. Technically, breaking the upward trend line, smashing through horizontal support, and setting a...
I frequently watch various XRP videos where individuals predict a price surge, ranging from $10 (the "less" optimistic view) to $100 or even $1000. These predictions often come with fantastical explanations about why such increases will occur. However, the harsh reality contradicts these optimistic forecasts, as XRP hasn't shown significant movement during this...
The market went straight downward and broke the previous local low. OANDA:XAUUSD pulled back after the breakout of the structure and a retest of the strong support zone at 2000. The price broke the previous week's low. I expect the price to pull back to resistance, tap the small range and trendline, then continue falling. If you zoom out, you can see that...
The market reached the main resistance zone on the 4H timeframe. Price action is losing momentum; the price is forming small candles with wicks. Also, it shows a big divergence at the resistance zone. It suggests that the market will make some pullbacks from its strong level. The price spiked up and formed a fake breakout of the level on the 4H timeframe. I expect...
As mentioned in my analysis of OANDA:EURUSD from two days ago, the pair failed to break above 1.1. Consequently, there was a potential for it to dip below the support level and continue its decline to the next significant support at 1.0750. Indeed, the price dropped below the support zone and hit a local low at 1.0845 yesterday. Currently, the pair is...
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
EURUSD looks like a short fall from here after breaking trend on the channel trade in these last few days. It does seem to be in a continuous downtrend pattern and does not seem like it will be stopping anytime soon. I suggest a short from 1.08679 all the way down to 1.05703 for a long term profit close. Please take proper risk management upon entering the trade.
EURGBP looks like a buy/long from here touching the main support trendline and seems to be ready for a full reversal for the next few weeks. I advise proper risk management with proper risk/reward size you are seeking. I have posted below the inputs for entry, TP, and SL numbers. I will continue to update and start providing full breakdown analysis on these...
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥 Potential bounce areas for Buying 4.104 and 0.3516 👉 Follow me for More Real Time Opportunities. Share your Thoughts if you have any?
In light of my analysis from two days ago, I have chosen to close my long trade yesterday morning on OANDA:XAUUSD at break-even. This decision proved to be sound, given that Gold broke below 2040 during yesterday's trading session. At present, nearly all recent reversal is negated, and the price has returned to confluence support. While this crucial level has...