DeGRAM | NZDJPY pullback from the correction levelNZDJPY is moving in an ascending channel between the trend lines. The chart is under the resistance level, which coincides with the 78.6% retracement level of the last bearish impulse. We expect a pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAM117
Is Euro gonna dip below 1 dollar?Euro has been comfortably above 1.04 since December 2022, On a daily chart we can see it as a diamond pattern which is a sign of a reversal of the trend. UK election will impact EURO, which is scheduled in the first week of July. Trading Diamond pattern is similar to any pattern breakout, wait for the breakout and place the stop above or below the swing.Shortby cooltikks116
EURRUB detailed chartHello everyone! Glad to present detailed chart concerning higher Weekly timeframe. Kind regard's PowerfulTraders Longby POWERFUL_TRADERS0
USDJPY - Look for a long !!Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!Longby Snick3rSD2218
EURUSD Bullish Reversal Alert-Key Entry & Profit levelsThe EURUSD is currently forming a Bullish Shark Harmonic Pattern (XABCD) on the 4-hrs chart. This pattern is characterized by a specific series of Fibonacci retracements and extensions, signaling potential reversal points in the market. __________Potential Reversal Zone (PRZ) and Confluence Factors_____ Point D, identified as the Potential Reversal Zone (PRZ), is a critical area where price action is expected to reverse its current trend. This PRZ is notably aligned with several confluence factors, strengthening our bullish bias: Key Support Area: Point D coincides with a significant support level, suggesting strong buyer interest and potential price reversal. Bullish RSI Divergence: The Relative Strength Index (RSI) is showing bullish divergence, indicating a potential shift in momentum from bearish to bullish. 78.6% Fibonacci Level: The PRZ is also at the 78.6% Fibonacci retracement level of the previous daily swing points, adding further credibility to the expected bullish reversal. _______________Trade Setup_______________ Given the above confluence of technical indicators, we anticipate a bullish trend reversal from Point D. The following trade setup is recommended: Entry Point: 1.07075, at the 50% Fibonacci retracement level. Stop Loss: Placed below the key support level at 1.06485 to mitigate risk. ____________Take Profit Levels____________ The take profit targets are strategically placed to maximize potential gains while managing risk: TP-1: 1.07665 TP-2: 1.08255 TP-3: 1.08845 Each take-profit level represents a logical point where price action may encounter resistance, providing opportunities to secure profits incrementally. Conclusion: The EURUSD is poised for a potential bullish reversal at the identified PRZ, supported by a convergence of technical indicators. By entering at 1.07075 and placing a stop loss below the support level at 1.06485, we position ourselves to capitalize on the expected upward movement. The outlined take profit levels offer a structured approach to profit-taking, balancing potential gains with prudent risk management. Recommendations: Traders are advised to monitor the EURUSD closely for confirmation of the bullish reversal before entering the trade. Adjustments to the trade setup may be necessary based on evolving market conditions and price action behavior.Longby trading_jupiter5
GBP/USD- LONG Trade Call - 1HGBP/USD price chart from Bearish Trend entered Accumulation phase. After Accumulation phase it is now making upwards move. Since HH and HL are establishing nicely without any Bearish Divergence on RSI, therefore Entry for LONG Trade is in order. Entry (Buy Limit): 1.27290 Stop Loss: 1.27000 TP1: 1.27600 (Risk Reward 1:1) TP2: 1.27850 (Risk Reward 1:2)Longby Golden_Spur222
NZDCAD Long Term Buy Trading IdeaHello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today NZDCAD analysis 👆 🟢This Chart includes_ (NZDCAD market update) 🟢What is The Next Opportunity on NZDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters20001
USDCHF MAY CONTINUE TO DECLINE ACCORDING TO WEEKLY CHARTPrice may continue to decline if price attain the level of 0.87243. From that price, I expect a breakout of price. So, a sell stop order has been placed ahead of time. Further change in market price, I’d update it here!Shortby Cartela0
EUR/AUD Long Term Buying Trading IdeaHello Traders In This Chart EUR/AUD 4 HOURLY Forex Forecast By FOREX PLANET today EUR/AUD analysis 👆 🟢This Chart includes_ (EUR/AUD market update) 🟢What is The Next Opportunity on EUR/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters20009
GBPCAD SELL, 4hrGBPCAD was very bulling the past weeks but maybe the momentum has ended. As we see on the chart from a technical setup. The are may things that influence the charts to move a certain direction. But GBPCAD has reached a very strong weekly high at 1.76000 and lost buying momentum and changed direction. Since the pair was in an uptrend we should have a reversal pattern and have a Head & Shoulder which tells us that sellers are about to be in control. But a break below 1.74060 should confirm sell opportunities. Shortby AnalysisExpert226
EURUB Global chart till 2033EURRUB prediction by our analysis We believe in stable position of Euro. Kind regards, PowerfulTradersby POWERFUL_TRADERS0
AUDCAD Sell/ShortAUDCAD looks like a good signal from here that has bounced off resistance, came back a bit, and seems to not be a strong higher low for AUDCAD. Our analysts and myself am calling a sell short here due to the fact this pair has repeated multiple patterns in the same way in the last few months and as well it has the best risk/reward ratio I have seen so worth the bet to make. Please follow the entry, SL, and TP. Please make sure to follow our page for more daily signals! Shortby KingTraderFXUpdated 1120
USD SGD Short Set upEntry 1.35045 Stoploss 1.35228 TP-1 1.34860 TP-2 1.34680 #Trading #Technical #Crypto #Stocks #commoditiesShortby BullBearBTC10
AUDUSD RESITANCE BOUNCEPair: AUDUSD Timeframe: 1H Analysis: Trend line, volume profile , support and resistance, trend break, reversal ————— Key Takeaway: Seen a great bearish reaction from our dynamic resistance and trend line. Will wait for a good drastic bearish reaction from this level before entering short. ————— Level needed: need a close bellow 0.66660 ————— Trade: SHORT RISK:REWARD 1:8 SL: 0.66770 TP: 1.66194 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATIONShortby TheGoldRoom3325
Your thoughts on this analysis Looks like USDCAD is following the dollar direction as it's seems uknown and Most of the fundamentals are doing this..Shortby xolisilepretty2521
NZDUSDNZDUSD analysis Daily, 4-hour and 1-hour time frames According to my analysis, the price will reach the entry point and enter the sale transaction.Shortby m0neyminer3
SIMPLE EURJPYHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. SIMPLE EURJPY. 📚 👉As we can see price got stuck inside this huge range, and price is respecting our lower and upper bounds quite good. 👉Moreover, as the price will be approaching our upper bound and previous major highs, then we will be looking for new bearish reversal movement, Unless price managed to trade again lower to the lower bound of this range, then we will be looking for new longs instead. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!by Hadi_karaali111
GBPCAD TREND LINE BREAKOUT IDEAPair: GBPCAD Timeframe: 4H Analysis: Trend line, volume profile , support and resistance, trend break, reversal ————— Key Takeaway: Been trending bullish for a good while and now seeing signs of a reversal. Price has broken our bullish trend line and is consolidation between two key levels of support and resistance. If we seen a lot of bearish movement and close below support then we will enter ————— Level needed: need a close bellow 1.74000 ————— Trade: SHORT RISK:REWARD 1:8 SL: 1.74200 TP: 1.73400 onward ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATIONShortby TheGoldRoom2
AUD/CHF For Bearish after finish pull-back wavewait for creating lower high and red arrow or area between fibo levels (50:61) - General Trend is Down , price walk inside down channel - Current wave is pull-back for correction - if price break current support at green arrow then you can go short have fun ;) Shortby maxbayne0