GBPNZD is trading within a key weekly/daily zone of demand. this zone is based on a strong horizontal structure + confluence with 618 retracement of the last major leg and a support line of a falling parallel channel on 4h. on hourly time frame the price stopped falling after a massive selloff and set a higher low forming a double bottom pattern. now I wait...
Welcome to our weekly trade setup ( CADJPY )! - 1 HOUR Bearish market open and pressure. 4 HOUR Overall good short entries! Prices look like they`ll keep dropping. DAILY Expecting prices to push towards previous weeks lows.. - FOREX SWING SELL CADJPY ENTRY LEVEL @ 81.020 SL @ 81.410 TP @ 80.510 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels -...
NZDCAD is trading within a falling parallel channel. the price is stuck on 0.876 horizontal structure support and currently can't go lower. however, with the sequence of lower highs, the price formed a descending triangle formation within the channel. bearish violation of its horizontal support is a perfect signal to sell. goal - 0.8735 in case of a bullish...
Clear Breakout on D TF Looking for some positive moves Can be bought at CMP or let price retrace then can be bought at 1420/1400 levels Target 1 - 1540 Target 2 - 1580 Stop Loss - 1360 levels on Closing basis
Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Very bullish pressure above main sr level. 4 HOUR Overall bullish waving market structure, good long entries! DAILY Expecting prices to move towards previous week highs. - FOREX SWING BUY AUDCAD ENTRY LEVEL @ 0.95490 SL @ 0.94950 TP @ 0.96330 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels...
Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Bullish fake-out and price action towards previous highs. 4 HOUR Very strong resistance area right now. DAILY Overall great short entries, price very high. - FOREX SWING SELL EURCHF ENTRY LEVEL @ 1.08260 SL @ 1.08710 TP @ 1.07620 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...
LOL not gonna confuse anyone more then this won't look at HTF charts on btc anymore for a while :P weekly has closed & looks like we are in HTF uptrend channel as i am saying i am effin confused mainly cause of SPX, spx is looking more & more bearish so if it crashed BTC might just as well, i really want us to follow this chart & hold 8k levels just in...
price reached trend line support and made a double top and break the previous market structure (reversal confirmation) and made a retest pullback to double top neckline entry trigger: *double top neckline retest *20 EMA resistance turn in support *Fibonacci level 0.5 possible take profit: swing trading-take profit 1- 1.63500 position trading-take profit 2- 1.64500 -OFI-
Based on standard deviations. Range trading BUY @ 136.10 - 136.40 - pretty safe levels to be a buyer for the month TP @ 142.50 - 143.90 - pair still seem bullish, so my guess it'll end stronger by month-end.
Buy Limit @ 138.05-138.20 TP : 143.300 TP : 145.500 TP 145.90
After a little summer hiatus, I came back with weekly analyzes. One of the best options are on the AUDCAD pair. Almost every timeframe is overbought by the RSI, and the price is dancing around a strong resistance level. A correction is expected, which provides us with excellent Risk-Reward trade. If the 0.9636 level broke, open a short trade.
Main items we can see on the chart: a) The price is below a support/resistance zone b) We can see a similar corrective structure as the one that happened in the past c) The next support zone is at 8.00 d) If the price breaks below the current structure, we expect a bearish movement towards the mentioned zone
this chart is an update for - we are getting the retracement on HTF, on weekly chart though i am being cautious my intial plan looks weak curretnly with the GAP below at 9600 & that harsh rejection at R1 means we will test P! so this is my new plan, averaging down my entries to 9100 dollars if i can! Make sure to wait for the candle closes!! if any candle...
USDCAD has reached a strong 4H resistance cluster. it matches perfectly with a resistance line of a major major falling parallel channel. + we have a nice confluence of 618 retracement and completed abcd pattern with D point lying exactly within the identified supply area. based on that the price will most likely retrace. target: 1.3095
This is my own idea / action that i am taking. I have three Entry's that i am taking at the prices listed below Price Entry 1: 0.1475 (%25.00) Price Entry 2: 0.1254 (%25.00) Price Entry 3: 0.0640 (%50.00) Good luck traders, and enjoy the profit. If you do copy this. Note this will be a swing trade. (Posting: 08/03/2020 3:20:17)
Welcome to our weekly trade setup ( USDCAD )! - 1 HOUR Very bullish price action above main sr level. 4 HOUR Overall bullish shortterm/midterm trend, good long entries! DAILY Expecting prices to push up towards previous highs. - FOREX SWING BUY USDCAD ENTRY LEVEL @ 1.31210 SL @ 1.30570 TP @ 1.32170 Max Risk. 0.5% - 1%! (Remember to add a few pips to all...
GBPJPY completed 5 waves, set up for ABC correction. Like, Comment, Follow
Price has recently taken support from 200DMA on hourly time frame. It has printing upward direction with increased volume. During last hour of closing session price has attempted to breakout the bull flag.