SLO @ 1.1085 (80m)
TP3 @ 1.1055 (closing ALL Buy Orders)
TP2 @ 1.1020 (shaving 50%)
TP1 @ 1.0980 (shaving 50%)
BLO 1.0915 📈
-SL @ 1.0885 🚫
🚫 Unfortunately, my SL was too tight and "they" got me. Price Action on the 3m chart appears to be based on the Wyckoff Accumulation Phase, so I re-entered @ the same BLO (see above)
Wyckoff Accumulation Phase
...
Fundamental Analysis
GBP/USD market movers
The governor of the Bank of England, Andrew Bailey, recently spoke about how the inflation readings for April are expected to show a significant drop as the effects of higher fuel and food prices from last year are no longer in the equation. Although there are signs that inflation is easing, Bailey also mentioned...
EURUSD / 1D
Hello traders, welcome back to another market breakdown.
EURUSD have tried to breakout from the range but failed to do so. I expect more down side based on the current breakout.
Trade safely,
Trader Leo.
Hello,My traders, here I took a buy deal through technical analysis, where we have a metigation block area, and we also have a bearish correction or a bearish flag that was broken, so it must target the liquidity at the top
Japanese yen strength over time.
While the yen underperformed during the global monetary tightening phase, in our view, the currency has scope to outperform later this year. We now believe the BoJ will take advantage of a tactical opportunity to further tweak its policy settings in Q4-2023 to further normalize the government bond market. Such a policy move adds...
An extended period of U.S. dollar depreciation is approaching.
The greenback could be relatively stable in the near term, as some additional Fed tightening combined with the potential for mildly unsettled markets could provide temporary support for the greenback. However, we expect the U.S. currency to come under pressure as aggressive Fed easing starts in...
An extended period of U.S. dollar depreciation is approaching.
The greenback could be relatively stable in the near term, as some additional Fed tightening combined with the potential for mildly unsettled markets could provide temporary support for the greenback. However, we expect the U.S. currency to come under pressure as aggressive Fed easing starts in...
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
-...
USDCAD reached a major rising trend line on a daily.
The price formed a double bottom, with a higher low on 4H approaching that.
Its neckline was broken then.
Probabilities will be high, that the pair will bounce soon.
Targets will be 1.3476 / 1.3516
❤️Please, support my work with like, thank you!❤️
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart) USDCAD rejected our upper red trendline and supply, and traded lower.
Now USDCAD is approaching the lower bound of the symmetrical triangle again so we will be looking for buy setups on lower timeframes.
Moreover, the green...
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.26000 zone, GBPUSD was trading in an uptrend and successfully managed to break it out. Currently GBPUSD seems to be in a correction phase in which it is approaching the retrace zone at 1.26 support and resistance zone.
Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.67500 zone, AUDUSD was trading in an uptrend and successfully managed to break it out, now waiting for a correction to see a potential retrace from 0.67500 support and resistance area.
Trade safe, Joe.
To start, looking at this week's price action... the weekly candle could close bearish -- hence this sell setup. A break above 2040.00 will hint at more bullish price action.
GBPUSD - 24h expiry
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
This is positive for sentiment and the uptrend has potential to return.
The hourly chart technicals suggests further downside before the uptrend returns.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move...
Past Performance
Euro bulls are losing momentum, allowing USD bulls to double down. As it is, EURUSD is within a bearish formation with primary resistance at $1.1100. With prices below the middle BB and 1.0965 broken, sellers can look for entries with targets at 1.0860 and 1.0730 being immediate and medium-term targets.
#EURUSD Technical Analysis
After sharp...
