Using Fractals for Entry Points you can set your stop buy on the tallest top arrow to the right. Set your Stop Loss to the next bottom arrow to the left.
we are currenl breaking out in 1hour time frame to the upside.
Market already mitigated a demand and i've seen a market structure shift (bullish CHOCH) this is a good indicating for buying📊📈💸
This is my Intraday analysis on EURUSD for 2 May 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment Market sentiment is mixed following the Federal Reserve meeting and Powell's speech. The US dollar initially strengthened after the Fed, but then weakened as...
#GBPJPY Has Potential For More Upside #GBPJPY Has Potential For More Upside #GBPJPY Has Potential For More Upside
Looking to see price continue its bullish move into highs for the rest of the week.
So far when I read in the MSM, I can say everyone is criticizing what the BOJ and Ueda did on Friday. JPY is free falling with grave consequences. But when I look at the chart, I think what I can see is more like rates going back to normal - in a historical context. I think by next week, the Yen would have finally broken FREE from the lost decades. And I guess...
The rand managed to stage an impressive recovery last week off the back of the increased risk on investor sentiment which allowed the rand to pull the pair below the 50-day and 200-day MA support rates. I did not expect the rand to pull the pair onto the upward blue trend line but the month-end flows helped nudge the rand a further than expected. This pair has...
i'm in for a sell untill ma last tp is hit so lets just see how it turns out...i believe in results
The price is currently rising toward the pivot point of **1.2422, which is a pullback resistance near the **61.8% Fibonacci retracement level. A reversal from this level could lead to a price decline towards the first support level at **1.2362*, identified as a swing-low support level.
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
the EUR/NZD pair for potential retracements to former resistance-turned-support levels, indicating possible bounce areas. Resistance becoming support signifies a shift in market sentiment, with previous sellers turning into buyers. Additionally, the breakout zone, or "breaker block," might coincide with a demand area, suggesting strong buying interest and...
The EUR/USD pair shows intriguing developments in the 4-hour chart, hinting at potential upward movement. Starting with the RSI, it has recently hit massively oversold levels, indicating a likely reversal as the market may deem the Euro undervalued against the Dollar. Simultaneously, both the MACD and its signal line are trending upward in unison. This parallel...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURUSD | EURO USD idea Multiple rejection at Plot 1 of Band 7 Closing/Opening above Plot1 will push it to the TP5
GBP/NZD is falling towards the support level which is a pullback support that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 2.10558 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 2.09520 Why we like it: There is a pullback support level which...
GBPUSD showing Bulish Flag Pattern if price Cross entry price it's confirmed flag patterns will hit tp1 and tp2
Identified great Inverted Cup and handle formation and it trigger both targets as soon its break the neckline and now its doing a retracement. I am still suspecting it will be back from 0.006 price level which is a major resistance below the neckline and may proceed ahead with continuous downward trend.