4hr rejection bock and 1 minit enrty OANDA:GBPUSD and dali bias
We are looking for the retracement over Fib(0.318) and a continuation starting from Fib(0.136) to the upside. Price may stuck between 0 and 0.136 level and would like to retest Fib(0.618) where we may hede with 3x lots. Plan is to risk a total of %1, so that 3x lots and 200 points (20 pips) SL should be equal to the %1 of your account. Placed a buy stop at 0.89680
In this chart we have observed LH & LL and at the bottoms we have bottoms almost equal LL's . which gave us the sign of potential breakout if it breaks the neckline, which is our entry area. what you say about that.
We can attempt to buy GBPNZD as it give breakout of LH , also bullish divergence occur indicate that it move upward. SL , TP mention in chart.
step 1 sweep lqd, we have swept Asian range high step 2 MSS and displacement to the down side. step3 IMB/ FVG step3 set entry at the FVG stops at the high and target at 1:2 RRR
I have spotted a Sell Order Block (SOB) caused by a Break of Structure (BOS). Now I have to be patient and wait for the MArket MAker (MM) to push price to the OB before I make my Move. #Sirtuns
Preferred direction: BUY Comment: The British currency continues to struggle at the level of 1.25000 , and despite everything, so far everything is working out more in favor of the buyer. The week is filled with events and here, just like in the euro, you need to be ready to change your original plan. The most likely scenario is a breakout of the level of ...
The Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.6529 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.6473 which is a level that lies underneath a pullback support. Take profit is at 0.6616 which is an overlap...
based purely on technical for the incoming week.As we await the news this week
Break of higher low that indicates a possible short entry, break and retest of trendline for additional confluence.
Here is our detailed technical review for USDCAD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.365. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.371 level. P.S Please, note that an...
Let's see what happens further on this level (lower trendline). Touched trendline and bounced off. Could mean a reversal in the looks with that doji candle.
The GBP/USD currency pair closed in positive territory for three consecutive days on Thursday and climbed to a two-week high at 1.2540 early Friday. Despite falling towards 1.2500 during the European session, the technical outlook suggests the uptrend remains intact. The dollar has weakened against its rivals after US economic data on Thursday fell short of...
Here's a nice opportunity to enter in on a nice buy trade and hold for a few days
Since April 16, the EURUSD seems to have started rising again. What just happened on the EURUSD on Friday was magnificent. We've just retraced into the OTE zone, liquidated EQLs (indicated by $$$ on my chart) and bounced on an Order Block at H4. This is clearly an interesting buy setup. I think we'll get back to 1.07500 on Monday, and why not go long again...
Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 1.3631, which is an overlap support. Our take profit will be at 1.3717, which is a swing-high resistance level. The stop loss will be placed at 1/3561, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Its never too late to enter the trades on this pair, aiming for PSTG 1 and 2. The market always has key levels, weak resistance, and that's where we make more money.