euro on its one month high to whom so ever is selling
According to Harmonic pattern there is a short term entry for short i put all the nessory points in the chart
A simple range break, retest continuation model taking shape on EU. Anticipating a continuation towards the close of the H4 IMB. Potential RR 1:3
In the h4 time frame, it is moving in a descending channel, which is currently supported in the midline of the channel and the green box area, and can continue its growth up to the neckline and the supply area. 💎 Then, with a pullback, it will continue to grow by breaking the channel to the next supply area and filling the FVG gap. 💎 In addition, if the range of...
Daily: - Pattern in Pattern (H&S + DT + BW) - Ascending channel *Bulls are coming corrective to our daily zone (+) Weekly: + ZONE + LCC 2/4 weekly criteria *Sitting at weekly highs region with a lot of big bearish impulses (+) *Bullish zone can work as a magnet (+) 4H: - Bearish - Bearish W - Corrective retracement to daily zone
We are setting a buy target at 1.362 for USD/CAD, identified as a key pivot support on the daily chart, where recent indecisive price action has led to sideways congestion. This level presents a strategic entry point, anticipating a potential reversal. The confirmation of bullish momentum will be signaled by a breakthrough above 1.365. Current trading levels...
🚨GBPUSD: What's Next? BOE leaves policy rate unchanged at 5.25% 🚨BoE left the policy rate unchanged at 5.25% as widely expected The price is also facing strong support near 1.2450. How can the price react in this area? Be careful as GBP can get stronger when you least expect it. It reacted lower before the opening of the BOE meeting, but it is not necessary to...
Looking at EURCAD, it's in a 4 hour FVG, I'm bullish on the pair. Not looking for any entries until CPI news is over.
Expecting this 4hr fvg to hold and take the high. Waiting for additional confirmation on the lower time frame to confirm
EURUSD Faced Strong Support Near 1.0650 EURUSD created a new low today at 1.0650. From the chart we can see that it was stopped near to a strong support zone which pushed the price up several times. FOMC didn't bring anything new so far and EURUSD can begin the bullish run soon. The first resistance zone is found near 1.0800 and near to the top of the...
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.
Ahead of CPI I am looking to short EURUSD, my targets are below 1.07000 stops above 1.086 area. Use proper risk management. The box shapes drawn on my chart are from GOLD BACH. If you want to learn about it let me know. Cheers
hello guys... do you think usd dollar will become weak? I think the price is on QML now and it will do some corrections! however, it is not a strong Quasimodo pattern due to the head location! so the price will start an upward movement until the MPL level! MPL level will make the price some (just a little) correction and then the price will go to 1.27$ level...
hi traders ..... In my opinion EURJPY can resume the bullish trend on 1H
There is a possibility of a five-wave rise. It will break through the highs upward.
A #short trade opportunity recently presented itself on the #kiwiswissy (#NZDCHF) #trading chart 📉. This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 0.54948 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward momentum should...
Hello Awesome Traders! I trust you had a rejuvenating weekend and are geared up for the exciting trading opportunities the new week has in store. Let's dive right into USDJPY, where a compelling setup awaits our attention. USDJPY has formed an ascending triangle pattern on its weekly chart, signaling a potential bullish move. The recent breakout above the...
The third “stream” of incoming real data, which simply cannot be ignored when analyzing a chart, is volumes. I’ll try to explain why the third stream, what are the first two. On any chart of a trading instrument there are two scales, price and time. These are two real and independent incoming data streams. All Technical Analysis studies them inside and...