Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.36900 zone, USDCAD was trading i na downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.36900 support and resistance zone. Trade safe, Joe.
Trade Plan: Short Entry: 1.80476 SL: 1.81065 TP1: 1.79890 TP2: 1.79300
i already Posted HERE Big Time Frame Analayze of AUDUSD. YOU CAN REVIEW IT in my PROFILE
Hey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.72100 zone, GBPCAD was trading in an uptrend and currently is in a correction phase in which it is approaching the retrace area at 1.72100 support and resistance area. Trade safe, Joe.
Hi folks today I'm prepared for you British Pound analytics. If we look at the chart, we can see how the price a not long time ago declined to the support level, which is located inside the support zone, and in a short time later broke this level. After this, GBP continued to decline to the trend line, and when the price reached this line it turned around and...
Take a look at our analysis for USDCHF. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.921. Considering the today's price action, probabilities will be high to see a movement to 0.916. P.S Please, note that an oversold/overbought condition can last for a...
GBP -USD forms a bearish head and shoulder pattern after bearish divergence. I can clearly see that it will goes downward. Neckline is also broken and can expect further downward. Key levels are defined with Entry, SL and TP1 and TP2 with the maximum forecasted projection. Enjoy short setup on daily timeframe and look for reversals on shorter timeframe..
Here is our detailed technical review for NZDUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.588. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.591 level soon. P.S Overbought describes a period of...
Hello traders, We are watching the USDCAD pair today. After the dollar news and the Fed's interest rate decision yesterday, the USDCAD price fell, finding support at 1.3710-1.3720 above the Alligator's jaws. At the moment, the price forms a good signal according to my Alligator strategy, fulfilling all the conditions and requirements for entering a BUY trade from...
USDJPY is moving near the lower boundary of the ascending channel. The price bounced off the dynamic support. The chart has formed a pattern AB=CD. We expect a rebound after the support level is retested. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
📉🚩 NZDUSD Market Alert: Bearish Flag and Pole Pattern Breakthrough! 🚩📉 OANDA:NZDUSD Traders, we're observing significant developments with the NZDUSD pair. Amid a continuing downtrend, a bearish flag and pole chart pattern has taken shape and successfully broken through the flag pattern, indicating a robust continuation of the bearish trend. Here’s what you...
NZD USD is still forming continuous bearish flag pattern and expected to go down further. It has broken neckline of the pole and expect further downside movement. Key levels are mentioned with SL and TP
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.
This is my gbp/usd outlook for 2 may 2024 enjoy :)
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📊📈💸
EUR USD form a double bottom and also shows bullish divergence The pattern will be reversal.
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