Eurgbp sellWhy? - downtrend confirmed overall - there's a clear gap which will be retested - wait for the retest close to the major zone - probably also wait for a bearish engulfing candlestick pattern Trade wisely Use proper risk management Good luck 🍀Shortby Gideonempire5
GBP/USD PREPARING FOR THE NEXT LONG LEGGBP/USD 1D - I have been waiting all week for this pullback and it looks as though we have finally got it, I want to see price now pullback fully into the Demand Zone below, clearing half of this area before delivering us with some confirmation of an S&D flip. Once we have been delivered with the penetration we want to go down on timeframes looking at the 1&4H to see a break in structure to the upside, this will confirm to us that the correction trading us lower fractally has finished and a new leg taking us higher is ready to take place. Its is important as always that we are not pre-emptive with the trades we place and we wait for as much confirmation as possible before looking to place a position in the market. To further refine a potential long trade we could look to go down again on timeframes when we are delivered with the initial fractal break and wait for a pullback into a more fractal area of Demand before entering.Longby Lukegforex3
EURSUD downside opportunityhey guys here's what i am looking at on EU,with the dollar remaining strong i am expecting the EU to head to the downside, so i will be selling the Euro against the dollar.Shortby Ace_trades1Updated 2210
GBPUSD sell setuphey guys here's what i am looking at on GU, i am expecting a dowmside movement on GU, with the dollar being stronger the the pound i am expecting the pound to drop futher to the downside with price currently at a support level and with the fib as another confluence, i will be selling the pound against the dollar. if this helps kindly share your thought and support, thank you.Shortby Ace_trades1Updated 3
LOOKING FOR THE NEXT SHORT OPPORTUNITYEUR/USD 1D - As you can see I am still looking to see price trade us up and into the Supply Zone above, we also have a more fractal zone that is just below the last daily green candle, its actually a hidden order block on this timeframe. I would love to see price trade into one of two and hold, if price absorbs the first one and goes up and into the one higher then I am expecting price to react, reject and trade us lower in the market from there. It is important we wait for the right confirmation before we trade this market to the downside, placing positions without entry confirmation will just lead to losses in the market. We will want to see price trade us up and into the zone, reject well and give us a fractal break of structure to the downside, that confirms to us that the correction is finished and the next impulsive wave to the downside is ready to take place.Shortby Lukegforex4
GBPJPY BULL ALWAYS Hey there on 1hTF the GBPJPY looking further go Upside from 199.00 So next week we can see upside above 200Longby DvsTraderfirm0
CADCHF1) RSI indicates Bullish Divergence. 2) The price is moving sideways. We placed Buy stop orders. Longby SohailChaudharyUpdated 0
AUDCHF1) Bullish Harmonic reversal pattern appears, Harmonic patterns are used by traders to help predict future market movements. Bullish harmonic patterns indicate a possible upturn in the market. 2) RSI indicates Bullish Divergence Longby SohailChaudharyUpdated 0
GBPCADI'm still waiting that this pair moves up. But friday and time 17h, london. So, this trade should be for next week. We'll check ir again on monday. Thks. Blessings.Longby SGsauragestion1
USDDKK: ITF CURVE ANALYSIS (5H)✨ USDDKK: ITF CURVE ANALYSIS (5H) ✨ (DOWNTREND) SLO2 @ 7.0233 ⏳ SLO1 @ 7.0010 ⏳ TP1 @ 6.95344 TP2 @ 6.88402 TP3 @ 6.83853 BLO1 @ 6.82761⏳ (SET AFTER CONFIRMATION) BLO1 @ 6.80107⏳ (SET AFTER CONFIRMATION) 🔑 BLO = BUY LIMIT ORDER ITF = INTERMEDIATE TIME FRAME SLO = SELL LIMIT ORDER TP = TAKE PROFIT Intermediate time frames (4 hours to 6 day): — Offer a clearer picture of the underlying trend compared to short-term frames. — Provide more opportunities for confirmation signals and technical analysis. — Allow for more flexible trading schedules, trades can be held overnight. — Suitable for swing traders and some positional traders.Shortby oktane444
EURUSD is Showing Strong Downward Momentum EURUSD is showing downward momentum With the current state of leaving USD rates unchanged and showing some hawkish tone in the last Fed meeting since then USD is showing strength While for now Euro is showing oversold signals that would favor some profit taking for sellers or waiting for a retracement to jump in the next drop I am expecting price to retrace to 1.076 and then extra down leg might start Shortby EssamSaied0
GBP/CHF For Bearishyou can go short now or wait for retest broken support act now as resistance and then go short - General Trend is Down - GBP is Weak - CHF is Stronge have fun :)Shortby maxbayne220
GBPUSDHello guys this is a potential 1400 pips you might profit from as we can see price actionis saying we have broken the big trendline and the small or counter trendline has also been broken so next week, will be waiting for the market to give a pullback and I will be willing to jump in on my sells for a potential 1400 pipsShortby Victor_Hunter_Turner225
GBPUSD printing bullish reversalGBP USD printing bullish reversal Bullish Divergence Bullish Candlestick PatternLongby fay_pasai113
USDCAD looking for shortPrice has a strong resistance and won't let the price go higher. Good area for selling. Trade safeShortby LAST-KISS335
EURUSD Analysis Following Key Interest Rate AnnouncementsIn this analysis, we delve into the impact of recent interest rate announcements from the US and the Eurozone on the EURUSD price chart. Understanding these macroeconomic shifts is crucial for traders looking to navigate the forex market effectively. 📈 Current Market Context For over a year and a half, the euro has been confined within a broad trading range between 1.055 and 1.095. This prolonged consolidation phase reflects the market's uncertainty and lack of clear directional momentum. 📰 Recent Developments Recent announcements have introduced new dynamics: 1. Eurozone: A reduction in interest rates, signaling a dovish monetary policy. 2. United States: Stability in interest rates, with projections indicating no changes for at least two more periods. 📉 Implications for EURUSD These developments could precipitate significant changes in the EURUSD pair: • The dovish stance of the Eurozone, combined with stable US rates, enhances the probability of a bearish breakout from the current range. • The market's reaction to these news events has injected fresh momentum, potentially setting the stage for a new long-term downtrend. 🔍 Technical Analysis Given the current market structure and momentum, our focus shifts to identifying a precise entry trigger for short positions: • Key Level: The crucial support level to watch is 1.066. • Trigger: A 4-hour candle close below this level would signal strong bearish momentum, providing a valid entry point for short trades. 📊 Trade Strategy 1. Entry: Monitor the 4-hour chart for a decisive close below 1.066. 2. Target: Aim for the lower boundary of the current range, around 1.051. 3. Risk Management: Place stop-loss orders just above the 1.066 level to manage potential upside risks. 🚀 Conclusion The EURUSD is poised at a critical juncture. The interplay of macroeconomic news and technical levels suggests a heightened probability of a bearish breakout. Traders should remain vigilant and ready to act on a 4-hour candle close below 1.066, capitalizing on the anticipated downward movement. 📈 Chart Analysis (Include a detailed chart here showing the range, key levels, and potential breakout points.) 💡 Final Thoughts Stay updated with ongoing economic announcements and adjust your trading strategy accordingly. The forex market is highly dynamic, and timely information can make a significant difference in trading outcomes. Shortby pouoyannn111
GBPAUDI have marked 3 price reaction zones where a market turn can occur. It is currently in the first turning zone. However, I'm going to see if it still falls a little more between today and tomorrow and I can enter the second zone.Longby SGsauragestionUpdated 5
NZDJPY Analysis - Selling OpportunityNZDJPY Analysis - Selling Opportunity Open: 96.515 SL: 98.00 TP: 85.00Shortby ahmedqotb1981Updated 1123
AUDJPYAUDJPY:SELL Open: 103.80 SL: 105.60 TP1: 99.42 TP2: 97.25 TP3: 95.25 =================== Disclaimer: Any content in this text does not constitute investment advice. This text provides an objective description of the market situation and should not be considered an offer to sell or a solicitation to buy. Any decisions made based on the information provided in this text are your personal responsibility. Any investments made or to be made should be analyzed based on your financial situation and personal goals.Shortby ahmedqotb1981Updated 2219
A little bot moreThe pair is heading to an important demand zone. I think next or the next after is going to start going up. I'll be waiting for price action in the daily timeframe.by ArturoL0
Potential Short CAD/JPYIn daily time frame, today possible will generate a shooting star (not completed yet). The price is closing to a long term up trend support line MACD in 8 hours time fame has divergency. MACD retraced and touched pressure line and 0 level line. Slow Stoch in 8 hours time frame is in over bought level and crossed. Guppy in 8 hours time frame is contraction. Try to open short order is the price break the short term up trend line to south.Shortby ChinaHelloWorld1
EURGBP EURGBP Entry point :- 0.84608 Stop lose :- 0.83956 Risk :- 0.50% Target 1 :- 0.8526 Target 2 :- 0.8591Longby TURTLETRADER313114
GU 2nd entry Last trade of the week. Price tapped into the weekly fvg after a bearish week overall. A long for some 20pips. Looking forward to bullish coming week.Longby hskarue1