Due to the unstable exchange rate of the Turkish national currency, the movements of the EURTRY pair are subject to strong fluctuations both in the short and medium-term. Movements of this trading instrument per day can reach 500-700 points, which significantly exceeds the daily fluctuations of most major pairs. With this in mind, you can successfully trade the...
Gbpnzd is trending in accumulation phase waiting for breakout if it breaks the box price will print higher hiogh and higher lows
At 8:25 AM EST, we got to our trading desk and started the day doing the basics on our Judas Swing strategy checklist which includes: - Making sure the timezone is set to New York time - Making sure we're on the 5 min timeframe - Marking the trading period from 00:00 - 08:30 - Marking the high and low of the zone Next, we patiently awaited price action...
Pair Name : USD/CHF 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break...
Pair Name : EUR/USD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break...
Validity : Friday Afternoon 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 4 Hours Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR ASSUMPTION & EMOTIONS HAS NO VALUE IN THE MARKET Our motto is to help each...
AUD/JPY is expected to be bearish from 103.400, with bullish momentum exhausted around the 104 range, which I identified as a No Traffic Gap . I decided to enter a trade at this point, targeting the 61.8 Fibonacci level marked on the chart. The stop loss is set at the Exhausted level, which I consider a potential reversal point. Let's see what happens next. Good luck
EURCHF is moving in a descending channel between the trend lines. The price has reached the upper boundary of the channel. The chart has formed a bearish takeover. We expect the decline to continue. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
On this asset we have been on a very long bearish trendline and tryed to break it to the upside. The level we are on currently is a very strong and important one. I am waiting for price now to push for more bullish momentum on the next weeks/months. Great Trade !
Hey Traders ! On Tuesday 16 April, The NZDUSD Reached a Support Level (0.58774 - 0.58590). Yesterday, The Price Broke The Resistance Level (0.60830 - 0.60598). The Resistance Line is Also Broken. So, I Expect a Bullish Move 📈. ---------------- TARGET: 0.61750🎯
OANDA:GBPJPY The H1 trendline of GBPJPY has been broken, and the setup has already been shared in the e minds. Now, we just need to wait for a retest for the entry setup to form. Also, there is support, which will act as resistance. Support levels are: 196.100-195.900. The entry has been taken from the H4 Fibonacci level of 0.786
Orders are going to be collected before our risk reduced entry
After quite an extended bullish accumulation within an ascending triangle formation, EURCAD bounced yesterday and violated its resistance. It opens a potential for a further bullish continuation. Next resistance will be 1.486 ❤️Please, support my work with like, thank you!❤️
• Japan’s Q1 GDP falls faster than expected • Data raises questions about when the BOJ will lift interest rates. • Yen's weakness complicates picture for BoJ • Japan's real wages fell for a 24th consecutive month Japan's economy fell faster than expected in the first quarter. Preliminary gross domestic product data from the Cabinet Office on Thursday showed...
in the H4 timeframe, we encountered a resistance zone that was confirmed at m15 timeframe, so we can enter the sell position at the OB. good luck