EUR/JPY SHORT " break of structure + 72%fib retracement + supply area" EUR/JPY sell supported by ECB policymaker's hint at potential rate cut amid inflation concerns
The market is moving sideways near the resistance zone. It does not show signs of bullish strength. It is worth noting that the price broke the previous week high. I think the market will take liquidity above the PWH and then roll back. I expect to fall from the resistance zone and retest the middle of the range zone. My goal is to support level 1.64600
GBPCAD created a bullish flag pattern on the 4-hour chart. After testing a strong intraday support cluster, the resistance was eventually breached. This could signal a potential bullish trend continuation. The targets to watch for are around 1.7220.
I think the market may retest the November lows because, on the weekly timeframe, we can see that the price has gained bearish momentum. I expect the market to move up and then continue moving downward, possibly retesting the key level at 1.05000. My goal is the support level at 1.05500
GBP/USD 4H - This is another market that is giving us clear bearish structure and is showing no signs of slowing down or stopping, we should be therefore looking for areas of Supply to get involved from. Above I have gone ahead and marked out two areas of interest I feel price may trade up and into before taking us lower in the market. The first one is a Hidden...
With the DXY strength EURUSD made a dive lower last week. I will be looking for a short trades this week after some retrace higher to Daily bearish FVG which aligns with broken daily swing low.
I took profit my previous positions. I will look for sell setups during US session . Trend Is Down. I am not buying GU.
Price in the end of the move, but the OF still bearish. It's hard to decide to continue with the OF or wait for structure shift. -I see to continue playing shorts from decent POIs.
USD/CAD 1D - As you can see from the screenshot above, price has traded us into the Supply Zone I have marked out for us, we have seen that price has rejected well from this area and shown signs of reversing. In order for us to have the confirmation that price is reversing from this area and is trading us lower in the market we want to see price break structure...
XAU/USD 30M - As we can see price has traded perfectly into the Supply Zone I had marked out above from the Sunday Sessions video. We have seen that price has rejected well and shown good signs of bearishness now moving forward, I would like to get involved in this market based on a correction. Once price has traded back up to trade into the fractal Supply Zone...
Hello There, The AUDUSD is on a bearish trend, holding steady around the 0.64500 supply area. The latest candle is showing some bullish movement above 0.64095, but a drop below this level could signal further bearish action. There are two price targets with a bias of 0.62883 as daily momentum suggests yet still more downward momentum. Happy Trading, K.
BTC broke down the trendline and made a retest and failed to close above . Range or sideways trading for the past 4 days with low volume and momentum and soon will break depending on which level support/resistance break first and RSI confluence .Usually price retrace back to VAH Long : Breaking strong resistance @ 69649 + RSI above MA and 50. price must close...
With the Iranian attack on Israel this night, Gold may open with a gap up. Before the market closed, the price already reached a significant intraday demand zone based on a support line of an expanding wedge pattern and a horizontal support. The closest resistance can be 2400. ❤️Please, support my work with like, thank you!❤️
hello guys... as I said before: from my point of view, this pair is bearish! why?! you can see the ascending channel broke! the price formed a QM pattern twice! the first QML(1) was touched and if the blue trenline breaks up the QML(2) will be touched too! so I believe this coin wanna touch the QML area and then start the downward movement due to engulfing...
Hey Traders ! On The Daily Time Frame, The NZDUSD Broke The Support Level (0.59709 - 0.59406). This Key Level Becomes a New Resistance Level. So, I Predict a Bearish Move 📉. TARGET: 0.58800🎯
Hello there, Following the RBD, DBR, and LH, the EURUSD seems to want to push higher to 1.1 from the low of 1.07670. Candle Structure : The current candle opened bullish to the high of the third candle, a third candle that has a low above the high of 1.07878 of the April 1st 24 candle. Summary : So we have a strong bullish candle structure but a weak bullish...
The price is about to get to the strong previous major resistance zone. If the price reacts downward after the touch to this level and gets its direction as the descending, we can expect price to hit Fair Value gap zone at most. The reaction of the price will let us know the next move after the FVG zone tested. All in all, my expectation from this pair is...
Pretty much waiting to see consolidation, manipulation and the distribution so i can enter the trade