Hey everyone I believe silver could be a good trade a nice little 1h channel moving up, 4h trend up is also a good positive sign, recent bullish engulfing candlestick on the 4h confirms bullish bias, I believe a re-test of the top is likely, we also have 1h 200 moving average covering our stoploss, which even if it pullsback is likely to react and find bullish...
📌 Potential BUY setup for USDJPY 👨💻 Technical: A lot of bullish momentum, weekly down, however, all other timeframes are moving up, recent daily break of moving averages suggests a further push to the upside. 🎯 For an ideal entry: There is a good chance that this trade would have a retracement back towards the moving averages before continuing further bullish...
Hey everyone I believe EURUSD has a chance for another trend re-test or potential top re-test for full complete take profit, if we don't consider the monthly timeframe then the overall direction is bullish, however monthly is approaching a strong resistance zone, but I believe there is still space for movement before the eventual higher timeframe bear continuation...
📌 Potential BUY setup for: GBPUSD 👨💻 Technical: Little update, GBPUSD had pullback slightly and found bullish pressure earlier, currently forming a not finished M pattern if it breaks neckline it can start to show bearish pressure, so caution. 🎯 For an ideal entry: Depending how it reacts you could wait for a pullback of the bullish channel and between the 2...
hey traders! bearish engulfing on the daily suggest further movement towards daily low, overall market direction bearish, and a nice recent break of moving average does suggest a push exhaustion cycle, overall good price action, however huge fundamental news today for US and tomorrow for GBP, this could cause CHF to gain/lose power, being a safe haven currency. ✅😊
Hey Traders! 📌 Potential BUY setup for: GBPUSD 👨💻 Technical: Similar to EURUSD, on a monthly area of sensitivity, all the other timeframes are showing bullish pressure, it could be that a continuation bull move will happen if it pullback towards the 2 moving averages. 🎯 For an ideal entry: Waiting for that pullback would be ideal, entry confirmation off the...
📌 Potential BUY setup for: EURUSD @everyone 👨💻 Technical: Monthly timeframe is still trending down, however all the other timeframes are bullish, I expect a pullback and then a potential continuation, but be careful high volatility news tomorrow! 🎯 For an ideal entry: Waiting is the best name of the game here, its way to far away for entry now, a pullback...
Hey everyone a nice descending triangle into a new low does show bearish momentum, overall market direction is also bearish, stoploss covers 2 moving averages which should in theory hold well in this bear market. Tomorrow interest rate decision for US dollar HUGE news if anything changes, could get volatile.
Hi everyone and happy Monday! :) Let's start from the monthly: the price is aiming to break MA 50 and MA 100, and on the weekly, we have already crossed MA 200, which is a HTF confirmation suggesting a bullish bias in the market. Strong break through the daily resistance and the 4-hour bullish engulfing candlestick closure to confirm our entry. Today we will have...
Hey Traders! Most timeframes very bearish, we are on a strong support level on the monthly, but we don't know when that will engage or if it will find buying pressure, weekly timeframe broke 200 moving averages does suggest a bearish trend continuation, all other price action also looks bearish.
Hey everyone This trade is interesting, its on a bullish monthly channel, however all other timeframes are in favour for another bearish run, we just broke 12 hour m pattern which does suggest a one more time continuation to maybe then bounce off that higher timeframe channel. 💯 🔥 🚀
Hey Traders! We are on daily support at the moment, depending if it breaks it or not will make this trade valid or invalid, however the 4h timeframe does suggest a pullback, and look for entry off the 20-50 ma's with a shooting star or bearish engufling as confirmation to enter the trade short.
Hey Traders! everyone It had that nice bullish pressure breaking past moving averages, lower timeframes are showing great candlestick formations to continue its bullish pressure. stoploss also covers all the moving averages makes it a little safer trade as well.
Hey Traders! Hey everyone hard markets today, but after 2 hours we found something that could be worth our time, its not ideal but we should be able to re-test the previous bottom level on the 4h timeframe, I expect a bigger burst of sell orders at the top of resistance, that's likely the turnaround point, maybe waiting for that could give you a better risk...
Hey Traders! hey everyone its a pullback trade, much riskier than usual due to market current conditions, lower risk or skip this trade entirely, however, this trade does have a W formation on the weekly suggesting there might be a last pullback down off the resistance, we have space of around 40-50 pips until we reach the lower timeframe support, the markets...
Hey Traders! Hey everyone There is a strong hourly up-trend, while likely that won't last we are also in a nice up-trend overall on the higher timeframes, I do expect a push exhaustion pattern before we continue pushing within the bullish channel, if that breaks take profit 3. 🔥 ✅
Hey Traders! We could potentially re-test the previous bottom level around 40 pips move, if that is broken then we definitely will see further bearish pressure and momentum.
Hey traders! EURGBP does look good it recently got a bullish engulfing candlestick closure, passing through in to a new high, does suggest further bullish continuation inside the bullish channel.