Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 147.800 zone, USDJPY is trading in a downtrend and currently is in a consolidation phase in which it is approaching the trend at 147.800 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring DXY for a selling opportunity around 102.750 zone, DXY is trading in an uptrend and currently seems to be attempting to break it out. if we notice further dips below the support we will look for a potential retrace of the trend towards more lows. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60900 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.60900 support and resistance area. Trade safe, Joe.
– Previous Daily candle closed small Bullish around 2044.400 as price formed new range on the 4h timeframe. – Buys on close above 2050.000 targeting 1h Strong Resistance formed on 4th May 2023 around 2057.000, Leaving Runners to the 30min Support formed around 2063.100. – Sells on close below 2037.400 targeting Hourly Open candle formed around 2031.000, Leaving...
Broken Trendline Keeps USDMXN In Downtrend For Wave 5 from technical point of view and by Elliott wave theory. USDMXN shorts are doing very well as we mentioned and highlighted on October 12, when we spotted a corrective recovery in wave (4). As you can see today, USDMXN turned nicely down from projected resistance and it can be headed much lower as bulls...
hello traders what do you think about this analysis trading ideas 💡😁💡 Euousd sellers return to Resistance levels) Follow up with my trading ideas 💡😁💡
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.08600 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08600 support and resistance area. Trade safe, Joe.
This is my Intraday analysis on EURUSD for 30 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m Before the analysis, i want to share my trade taken yesterday based on the analysis shared with the idea of looking for Shorts to play the pullback for the 15m Swing and the 4H INT Structure. As per the plan...
Here is my latest structure analysis for Dollar Index. Resistance 1: 103.86 - 104.20 area Resistance 2: 104.40 - 104.55 area Resistance 3: 104.87 - 105.08 area Resistance 4: 105.90 - 106.11 area Support 1: 102.57 - 103.08 area Support 2: 101.40 - 102.01 area Support 3: 100.47 - 100.57 area Support 4: 99.55 - 99.75 area Consider these structures for...
Layers 2035 - 2032.5 Sl @ 2027 1st tp @ 2040 2nd tp @ 2048 3rd tp @ 2054 4th tp @ 2060 Had a similar set up sent here but we'll go with this one instead! ( see related ideas section below)
This is my Intraday analysis on EURUSD for 29 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bullish 2. Swing low and last demand for potential buys. 3. After the Swing BOS, we expected a pullback but price still in Bullish momentum and still...
Layers 2044-2042 Sl @ 2039 1st tp @ 2048 2nd tp @ 2054 3rd tp @ 2060 Final push up before the big sells! ( see related ideas section below)
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.25900 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.25900 support and resistance area. Trade safe, Joe.
We looked at GBPUSD more than a month ago (see chart below) and the trade that prevailed was a bullish break-out above the 4H MA200: Basically that countered the loss on the Channel Down short, as the pair has entered a new Channel Up trade, which is now supported both by the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line). As the price is on...
Hey Traders, In the upcoming trading session, our focus is directed towards GBPUSD, as we keenly observe a potential buying opportunity within the vicinity of the 1.25600 zone. GBPUSD presently navigates an upward trajectory, gracefully maneuvering through a correctional phase. Notably, it is edging closer to the 1.25600 support and resistance area, marking a...