AUDCAD is in a consolidating period in the 4hr timeframe and has reached a very strong resistance zone and it is probably going to touch our sopport which is a strong low at the 0.88210 zone. We also have a up trending trend in our sideways market. AUDCAD broke the trend with a reversal pattern of a double top and retested our trend to confirm the down trend.
The current selling zone for the AUDUSD pair is at 0.65217. This means that traders are looking to sell the Australian dollar against the US dollar at this price point. In this scenario, traders have set specific take-profit levels to capitalize on potential downward movements in the pair. These take-profit levels are strategically placed at 0.65026, 0.64810, and...
The current selling zone for the EUR/UAD pair is at 1.06941, indicating a potential opportunity for traders to sell this currency pair. Within this setup, there are three specified take profit points at 1.06454, 1.06335, and 1.06300, indicating the price levels at which traders may consider closing their positions to lock in profits. Additionally, a stop loss...
The current selling zone for the GBP/USD pair is at 1.25284. Traders are eyeing multiple take-profit levels, with the first at 1.24585, followed by 1.24000 and 1.23500. These levels represent strategic points where traders aim to exit their positions to lock in profits. Additionally, a stop loss has been set at 1.26000 to mitigate potential losses in case the...
The price perfectly fulfilled my previous idea. The market literally went down and hit the target level. FX:EURUSD is heading toward the strong resistance zone between 1.07300 and 1.07600. If the price rejects the resistance, then we can expect the price to move to a to a lower level. However, if the market breaks through the resistance zone, we expect the price...
H1 - Downtrend line breakout Higher highs Until the strong support zone holds I expect the price to move higher further after pullbacks.
Looking to enter a sell trade with a dakeput of the CTS I marked than will take buys from My POI marked. Yesterday didn't quite pullback to my poi but I still managed to see price action before news cameout
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
EURGBP is in bearish trend, making lower lows and lower highs but now divergence is creating. it is most likely it will change the trend after breaking lower high.
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
From a technical standpoint, the EUR/USD exchange rate has spent the last few days meandering around resistance on the daily timeframe. With the trend leaning in favour of sellers, resistance is seen between $1.0753 and $1.0726, made up of the following technical tools: • Horizontal resistance at $1.0739. • Quasimodo-support-turned-resistance at...
Many focus on the small timeframes and get stuck. I come and present the yearly timeframe which is a huge dealbreaker. Price came at a reversal in 2011 and ever since has been bullish. Here we can see price is essentially at the 161.8% retracement. We can see a heavy sell toward the 100% extension which can potentially be tested for new support. To confirm this...
As long as the price fluctuates above the current support range, the continuation of the upward trend is likely. Otherwise, by crossing the support range, it will be possible to continue the downward trend up to the specified support levels
It is expected that the price will fluctuate in the current resistance range and then we will see the beginning of the correction process. If the price crosses the resistance range, it will be possible to continue the upward trend up to the specified resistance levels
DAILY - Big head and shoulders - Small head and shoulders - SD zone WEEKLY - Highs - Rejected from iHS region (!) - Bullish candle close (!) 4 HOUR - Inverse head and shoulders - SD zone
It is expected that the downward trend will continue until the specified support levels are formed. Then, according to the behavior of the price in these ranges, possible scenarios have been determined