Hello Traders, In today's trading session, we are closely monitoring AUD/USD for a potential buying opportunity around the 0.66100 zone. AUD/USD is currently trading in an uptrend and is in a correction phase, bringing it closer to the key support and resistance area at 0.66100. This level has historically served as a significant pivot point for price action,...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a not long time ago started to trades inside the upward channel, where it soon reached the support level, which coincided with the buyer zone and broke it. After this, the Euro made a correction to the support line of the channel and then rebounded up and...
Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into...
Technical Analysis of GBP/USD The price has stabilized in the bearish zone, remaining below 1.2695. Consequently, the target is set at 1.2628. Bearish Scenario: As long as the price trades below 1.2695, it is expected to drop to 1.2627. A further decline below this level could see the price reach 1.2572. Bullish Scenario: To shift to a bullish trend, the...
Hey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.89450 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89450 support and resistance area. Trade safe, Joe.
Here is my latest structure analysis and important support and resistance levels for trading USDJPY next week. Consider these structures for pullback/breakout level. ❤️Please, support my work with like, thank you!❤️
ETH/USD is currently reacting off a support level which is a pullback support and could rise to our take profit. Entry: 3,441.08 Why we like it: There is a pullback support level. Stop loss: 3,331.30 Why we like it: There is a pullback support level which aligns with the 136.2% Fibonacci extension. Take profit: 3,661.18 Why we like it: There is an overlap...
The USDCNY pair has been trading within a Channel Up pattern since the January 24 Low. Being supported by the 1D MA100 (green trend-line) during the past 3 months (since March 14), the price recently formed a 1D Golden Cross. As a result, we expect a continuation of this textbook uptrend, aiming at a standard +0.70% rise (similar to all previous Bullish Legs of...
SOL/USD is currently reacting off the support level which is a pullback support and could potentially rise to our take profit. Entry: 145.30 Why we like it: There is a pullback support level Stop loss: 138.32 Why we like it: There is a pullback support level which aligns with the 138.2% Fibonacci extension. Take profit: 161.68 Why we like it: There is an...
Price is falling towards a pullback support level and could potentially bounce from this level to our take profit. Entry: 0.1364 Why we like it: There is a pullback support level. Stop loss: 0.1270 Why we like it: There is a pullback support level that lines up with the 138.2% Fibonacci extension. Take profit: 0.1483 Why we like it: There is an overlap...
BTC/USD is falling towards a support level which is an overlap support that aligns with the 78.6% Fibonacci projection and could bounce from this level to our take profit. Entry: 65,131.25 Why we like it: There is an overlap support level which aligns with the 78.6% Fibonacci projection. Stop loss: 63,176.36 Why we like it: There is a pullback support level that...
USD/CAD is rising towards a resistance level which is a pullback resistance and could potentially reverse to our take profit. Entry: 1.3781 Why we like it: There is a pullback resistance level. Stop loss: 1.3828 Why we like it: There is a pullback resistance level which aligns with the 78.6% Fibonacci projection. Take profit: 1.3684 Why we like it: There is a...
Bitcoin (BTC/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the overlap resistance. Pivot: 65,972,81 1st Support: 64,589.11 1st Resistance: 70,123.94 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex...
The Loonie (USD/CAD) is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support. Pivot: 1.3780 1st Support: 1.3684 1st Resistance: 1.3830 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
TURBO is setting up for the first big leap. After breaking 0,003$ there will be clear skies to reach the moon or even mars.
Technical Analysis: Gold The price has consolidated between the 2321 and 2302 zones as previously mentioned. Current Outlook: The trend appears bearish for today, as the price has stabilized below 2321. As long as it remains under 2321, it is expected to touch 2302. Bullish Scenario: For a bullish trend to be activated, the price must break through the...
Price is rising towards a resistance level which is an overlap resistance that is slightly below the 50% Fibonacci retracement and could reverse to our take profit. Entry: 0.8998 Why we like it: There is an overlap resistance level that is slightly below the 50% Fibonacci retracement. Stop loss: 0.9061 Why we like it: There is a pullback resistance level. Take...
took a nice set up during london as Im trying to get used to trading London as I did back in 2017-2020 Red Folder News at 10 est. Keep that in mind Only targeting 1:1 on this... always 40 ticks risk