AUDNZDTrend Identified as BULLISH Divergence Spotted: BULLISH Continuation Pattern: NO Harmonics: BEARISH REVERSAL BAT Keeping in view the above findings, it is anticipated that the trend will continue its BULLISH trend till D. Longby palanetic0
EURCAD can flash upEURCAD showing interest in going up from here. With tighter stop it will most likely be able to ride upward.Longby The_Pine_Coder1
Possibility for NZDCADall timeframes in sync , we had the break of structure now we can potentially see a new higher low on the zone to move higherLongby jahod222
5/21/24 - EURUSD Sell [prop]aiming to sell REQ: - touch to 15 min supply - break of structure below 1.08541 - retest/entry at new NY supply (in-session) Shortby victoriaawUpdated 5
GBPUSD SETUP SETUP: GBPUSD has been on the buyside of MMXM for a couple of weeks now. Initial consolidation and second stage consolidation clearly marked and completed. As such, we expect a higher price action on this pair to complete the model. by Simeon20271
GBPUSD SETUP SETUP: GBPUSD has been on the buyside of MMXM for a couple of weeks now. Initial consolidation and second stage consolidation clearly marked and completed. As such, we expect a higher price action on this pair to complete the model. Longby Simeon20270
USDJPY: Day 3 breakout traders triggered in the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” Let’s jump into the Technical Analysis: WEEKLY TEMPLATE (1hr chart): Market currently rising up on the backside move, potentially going to complete the big template of dump and pump started the last Wednesday. Day 3 breakout long traders triggered in the market, closing yesterday out of balance. DAILY TEMPLATE (15min chart): After Asian pushed higher, breaking out the current HOW, the market dumped down and currently in consolidation around closing price/previous HOD. CPI on calendar for 8:30am NTY, things can drastically change with this high impact news release. THESIS : This market placing higher highs it may be preparing for a major move, stopping short traders from previous HOW. SETUP : Long (primary): market already broke higher and dumped into previous level of interest, if it keep consolidating till news release, I will be happy to long (first bar after the news or first bounce if identified) Short: no LOD triggered, if market pumped up into HOW, it could give a scalp short, not really in my interest of the day. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianniby GianniPichicheroUpdated 0
Large potential but Countertrend short EURJPYPrice is at a level last seen in July 2008. At that time as well, price had made several attempts to go higher and failed (thus printing multiple tops). Once again, we can see several tops. A decline of 55,400 points (about 33%) happened in 2008, I can only wonder what we will see on this occasion. I see a supply zone (yellow rectangle) and expect this pair to fall. I will be taking a trade as soon as spreads normalize on Monday, but note that this is counter-trend. If you take this too, please manage your risk with a high degree of caution. Being prepared for the unexpected is always good in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more. What do you think about this trade idea? Please comment and share your thoughts!! Shortby Trading_VistaUpdated 5513
GBPAUD Short! 21/5/2024GBPAUD Short! D1 price ranging back to the original level. SL - 1.90692 TP - 1.89619Shortby LawrenceWongWBSUpdated 1
USD/CAD - Entry Model After a double bottom, it made an excellent liquidity rally. It subsequently returns to test a trend line. What does that mean? Liquidity baby! I show you one of my favorite entry patterns.... Keep it Simple! :) If you liked it, don't forget to follow me! Longby DAISTRUM113
EUR/USD - Interesting BUY zone!Hello everyone! we're going bullish on EUR/USD! -Here is my opinion on EUR/USD: -We have liquidity. -We have an interesting zone. -We have the optimal fibo. -We have accumulation before/on the zone. -We're in line with the trend. That's why I'd like to see the EUR/USD bounce off the zone and move higher! Longby InfiniteY9
NZDCAD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyShortby akmalsabran90112
USDCAD LONG TO $1.40 (UPDATE)📉USDCAD buyers holding firm above the support zone, showing multiple rejections to the downside. We've now seen a huge bullish candle on the 1D TF, indicating a higher chance of market moving higher towards our target of $1.40. Take advantage! Longby BA_Investments5
GBP/USD - Buy zone!Hi there! I'm buying the GBP/USD : -RMID (Range Manipulation Initiation Distribution) -We have liquidity. -We have an interesting zone. -We have the optimal fibo. -We have accumulation before/on the zone. -We are with the trend. Longby InfiniteY3
GBPUSD BUY TRADEBullish formation on GU, price is currently at a major support zone and there’s a bullish pin bar candlestick signaling the buy moveLongby Skyviewfx1
EURUSD-1H Time Frame-20.05.2024Dear Traders, EURUSD now is in Channel , and i expect price will try Retest Bottom of channel , First TP : 1.08550 Final TP : 1.08300 Dont Forget like&Comment please ! regards, AlirezaShortby alirezakUpdated 5
NZDUSD is BullishNZDUSD has made a bullish RSI divergence on 15 min time frame. Since the macro-trend is also bullish, hence an upward move is expected from here. Entry will be taken at the break of previous lower high. Targets are mentioned on the chart. Longby Fahad-Rafique0
NZDUSD - longLooks like it wants to go up, SMT divergence with dollar in daily FVG, but lack USD news has kept it in a consolidation. Longby rpTrading110Updated 0
EURUSD Trade IdeaI expect a consolidation on EURUSD until we reach the marked zone for longs. We can also expect a smaller retracement and then longs. Longby RobertOprisor1Updated 5
GBPJPY - Forecast todayThe GBPJPY pair continued to form strong bullish waves recently, touching our target, which is 198.28, and maintaining stability above it. We have two scenarios: Firstly, as a correction, the price falls to 198.28, then starts to rise towards the resistance level of 199.47. Of course, by breaking 199.47 and maintaining stability above it, the bullish trend will be confirmed, and 200.59 will be our target. Second scenario: After reaching 199.47, the price will fall below 198.28 and fall to 196.85.by ElenaMayi2
Canadian Inflation Affects the Loonie (🇺🇸💵/🇨🇦💵)Important April and year-over-year inflation data from Canada will be released this afternoon, which according to Statistics Canada has seen a housing production crisis unheard of in the country, leading to a runaway increase in housing prices and access to housing. It has also reflected a very strong increase in inflation in rents, transportation, and the shopping basket, as well as in other sectors so it remains to be seen if this inflation slows down slightly. This is in addition to statements from the New York and Richmond Fed with President John C Williams and Tom Barking, and Fed Governor Christopher J. Waller, former president of the Federal Reserve in St. Louis. In principle the three are going to talk about the scenario of U.S. economic resilience, prospects for housing price dynamics and a positive outlook for the country. This facilitates the continuation of what was already being talked about as a possible rate cut and "quantitative tightening" scenario that the markets have been anticipating with this lack of dynamism in recent weeks in line with the "sell in May and go away". Looking at the chart we could already see a slight correction on April 16 coinciding with the Fed's publications, this time it is foreseeable that the yankee greenback will try to gain ground on the Canadian Loonie. It is therefore possible to anticipate a possible rise to the highs to test a new test in which it could be trying to cross the area of 1.38980 Canadian dollars per dollar. But currently, the right signals are not being given, the RSI is in the mid 50.84% zone and the price bell shape has generated a mono-bell in 1-day timeframe, so its mid price zone is in the 1.34872 zone. If the price reverses to that zone, a downward movement would be possible, this would be visible if the Canadian economy improves against the US economy. Ion Jauregui - AT Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Longby ActivTrades1
GBPUSD Short! 21/5/2024GBPUSD Short! D1, H4, Hitted resistance. H4 rejection with long wicks. SL - 1.27341 TP - 1.26727Shortby LawrenceWongWBS0
EUR USD PRICE - BACK TO THE RESISTANCE ZONE we got a breakout from down trend line, make a small long entry to resistance zone, follow for more live updates...Longby FOREX_TRADER_007Updated 14147