Targeting 1.07300s. -Resistance at 1.08200. -If resistance holds,am selling down to 1.07300s
-Here you can see the ranges within where EUSUSD is trading. -If we consider the 2nd leg to be a mirror of the 1st leg, we could bet that 1.05200 support will hold. -Another assumption is that the general trend wants to continue up so the zone 1.05200 won't break. -Our 3M analysis says here- that we formed a big shadow end of December 2022 quarter. -It also...
Good morning, Its been a great year and the year 2023 looks blessed. -We can see a bullish engulfing candle, a buy signal for the next 3 months Happy trading come next year.
See, price has hit 1.09200 resistance zone. -This as you know this is the time to wait. A lot of traders will be selling this pair but before you sell, look at the market sentiments. You wanna buy when the retail traders are selling. -I believe this pair is going to go up. 11% percent of the traders buying is where we look for the buy signals. -Enjoy this good trade.
Support at 1.08391 Resistance/Tp1 at 1.0870 Take profit target 1.08958
Well i can see price has retraced but close to the high/ resistance. -We have found support at around 1.08177. -I think of the pattern as a bear trap for price to shoot up. Placing my stop at 1.08166 and tp 1at 1.08475. -We can also see that a large number of retail traders are short; Retail traders are known to be countertrading most of the time. -lets see...
-Higher high than the previous candle's high -lower low than the previous candle's low -Printed on a support zone -Candle has the widest range of the last 15 candles -Stop on the other side of the candle - 1.08143 -Take profit next zone at 1.09000
-Support created at 1.08069. -There is a zone at 1.08069 -Candle closed bullish with a high higher than the previous 4 candles. -See how it goes.
-Support has been created at 1.07775 area -Expect price to go higher to target level 1.08250 area -Stop loss placed a few pips below the zone.
-Resistance has been broken here -Place a buy stop below the low. -Stop loss above the high of the previous candle -Taking profit at the nearest level
-Short scalp here. -You can see a small kangaroo tail has formed there. -What do we see here? -That the body of the kangaroo is within the upper 1/3rd of the candle. -long tail & a huge space to the left. -The candle nxt it broke above its high. - Place buy stops and tp in the next zone. -Stop loss below the low of the kangaroo tail.
-22nd of March 2023. -I want to believe EURUSD is in an uptrend but looking at the chart and seeing the huge space to the left i think price has gone too far up and we could see it drop sharply -Eurusd could be in a strong resistance zone and we could see it drop sharply. -I dont know, will be placing my sell stop at 1.07550 and wait for price to come...
-EURUSD has just printed a bearish kangaroo tail on the 4H close. -The next candle has also broken the low of the kangaroo tail and i would anticipate price to drop down to the next zone, maybe at 1.08000. -Notice how the kangaroo tail has a huge space to the left. -Placing my stops a few pips above the high of the kangaroo tail -Lets see how this one goes.
Ok, here we go. -What time are we in? London Open. -We have a small liquidity candle on the 30m tf that was engulfed by a strong bullish candle. -Placing my stop a few pips below the liquidity candle and riding my trade to the next level. -Enjoy.
-Trading can be daunting sometimes especially when you are a newbie. However, when you spend enough time in the markets, its easy to see recurring patterns and anticipate them effectively. Maybe profit from them consistently. -An example of such is the observed i made from EURUSD like in the chart above. -Notice how price is usually ranging as though creating...
-We can see eurusd struggling to go higher above 1.07280 area and am anticipating price drop lower atleast to 1.06900 area to gain momentum to shoot up again maybe to 1.07500 area. -Will take a sell trade here to potentially take profit around 1.06900 area. -Let's see how this one goes.
-Price has broken above the resistance at 1.06650 area. Expecting it to go up to 1.07500 area. If possible price could potentially drop to 1.06800 area. -At 1.06800 if price starts to print a bullish candle on the lower TF i could take another buy and ride it to 1.07500 -Enjoy the trade.
Ok, What do i se here? -previous 4H closed bearish. Price is currently on a zone (Support could turn resistance) -A strong bearish candle has formed on the 30m tf and am anticipating for price to drop to approx 1.06200s to the support zone below. -Taking a sell trade with my stop a few pips above the zone. -Lets see how this one goes.