On ERUCHF, we have a bearish setup with the price attempting to bounce back around the 0.971 area where we have a supply zone. In that zone, the market dropped, creating a point of interest (POI). Following the Forex48 strategy, I opened a trade with a 1:5 target ratio. Let me know what you think. Happy trading to everyone!
On XAUUSD, we have a primarily bullish setup that is currently retracing in the 1960 area and attempting to move back above 2000. My trade is based on the Forex48 2.0 strategy, which is a well-defined graphical configuration. Let me know what you think. Happy trading to everyone.
On GBPAUD, we have a bearish setup around 1.869. As the price has been descending, it has formed a validated supply zone with two spikes around 1.8780. Following the Forex48 strategy, I have highlighted the entry zone defined as the Point of Interest (POI). The target for the short trade is expected at 1.8620. Let me know what you think. Happy trading to everyone.
On GBPCAD, we have a primarily bearish setup with a price that attempted to change its structure on Friday without success. This morning, the price created a short setup with the entry point highlighted in yellow. All of this follows the Forex48 strategy. Let me know what you think. Happy trading to everyone. Forex48 Trading Academy
On CADJPY, we have a price that, after a bounce around 102.70, has returned to the level of 102 where we have a relatively insignificant demand zone. Coming down from a supply zone, the price has formed an interesting Point of Interest (POI) with spike convalidation, meaning it has formed a bearish setup with an entry at 102.54 level. Let me know what you...
NZDUSD; Continuation of the swing long bias after a short retraction put to stop on the 0.38 fib level giving us the continuation confirmation of our bull run... take profit to be taken at the bullish imbalance price line for a short holder
-Using the 4HR time frame I found a busy Zone which price previously entered and there was action. - My strategy consists on locating a OTZ ( optimal trading zone), using the 4HR help locate the overall direction. -I like to see price enter this zone above, once this is confirm then i will wait until price retest it for a new support area. -My confirmation...
On AUDUSD, we have a bullish setup this morning with a trade that started after defining a point of interest (POI) overnight, which is a bullish setup. The objective is to wait for a bounce around 0.6620 or enter around 0.664 if a bullish setup forms. The target is in the 0.76 zone. Let me know what you think. Happy trading to everyone. Forex48 Trading Academy
On GBPAUD, we have a bearish setup that, after reaching highs around 1.8780, is heading back down towards 1.8620. To reach our point of interest (POI) zone, the market could bounce around 1.8680 before descending to 1.8620, where the long trade will initiate with a target of 1.8780. Let me know what you think. Happy trading to everyone.
EUR/GBP shows a neutral structure with a price ranging between 0.8730 and 0.8670. The Forex48 strategy has identified a bullish setup for a long entry within a demand zone around 0.868, with a target of 0.8730. Let me know your thoughts. Happy trading to everyone. Forex48 Trading Academy
NZDCAD has formed a bullish structure since Tuesday, May 16th. Currently, we have a price that has established a demand zone around the 0.84 level, creating a bullish setup highlighted in yellow around 0.842. The objective is to enter a long trade with a target of 0.85. Let me know your thoughts. Happy trading to everyone.
EUR/JPY is currently presenting a bullish setup, meaning that the price is rising towards 149 where a supply zone is located, providing a short setup as identified by the Forex48 strategy for entering a short trade. The objective here would be to wait for the price to reach this zone and then enter with a target of 148. Let me know what you think. Happy...
#NAUKARI... ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
Good evening gold gang! hope your weekend was a good one! We are back, recharged and ready once again for the gold outlook. Lets lock it in .. We are approaching a very strong daily level here that has seen price bounce from many times and a strong close below can mean we will finally start coming back down to the mid 1900s once more. Couple this with a strong...
GBPJPY is presenting a bullish structure this morning. The price is approaching the 170.48 area, where we have a supply zone. At that point, the market formed a short setup on May 10th, confirmed by the Forex48 1.0 strategy. Additionally, the price at this point could bounce off a bearish trendline, completing the third touch. The target for the short entry is...
XAUUSD presents a bearish triangle with two possible scenarios. Currently, the price is in the 2018 supply zone after a false break of the trendline. The objective will be to wait for a confirmation of a breakout either to the downside or to the upside of the triangle. The upside breakout seems to be more likely given the negative sentiment towards the dollar and...
GBPAUD currently has a slightly bullish setup this morning after a strong decline last week. The objective is to wait for the trade at 1.8630, where there is a demand zone with three confirmations and a bullish setup for market entry in the highlighted yellow area. Let me know your thoughts. Happy trading to all. Forex48 Trading Academy
On this pair, we are experiencing a bullish moment for the pound; it is simply reacting to the news. The objective is to wait for a price retracement in the area of 1.86, where we have an excellent supply zone that has been validated three times and where the market has created a bullish setup. The target objective is 1.89. Let me know what you think. Happy...