Hey Traders! GBPUSD is currently on a huge pullback on the monthly timeframe, developing a bearish engulfing candlestick. Currently rejecting the 50 moving average on the weekly. Attempting to break the daily up-trend, although the lower period moving averages already have been broken. A closure will confirm the trade to go lower, however 100-200 moving...
Hey Traders! 🔻Potential SELL setup for: EURUSD 👨💻Technical: Monthly overall direction is bearish. Weekly although above some moving averages, has space for a pullback towards the downside. Daily moving averages although crossed, we still need to break the up-trend. A break on 106.550 should trigger a bearish momentum further pushing the pair down. 🎯 For an...
Hey Traders! 👉EURGBP @0.8890~ BUY 📍 SL - 0.8810 💰 TP1 - 0.8910 💰 TP2 - 0.8950 💰 TP3 - 0.9050 👨💻🎯 Reason & Technicals : Monthly resistance level has not yet been reached, this is a good target to aim for. Weekly timeframe has been developing a up-wards channel since February of last year, this likely suggests a continuation. Daily top level is about 70-80...
Hey Traders! Only if we get a rejection off the 1h-4h timeframe we can then consider entering this trade, currently some bullish pressure, but higher timeframe suggests a continuation.
Hey Traders a nice rejection of moving averages, if it breaks the up-trend on the 4h with a bearish engulfing candlestick that could also be a good re-entry for a short. take profit straight to daily 200 ma
Hey Traders! Nice rejection and a bullish engulfing on the 1h confirmed the trade that it will re-test the top level, if broken we will have a push exhaustion cycle, could be a good re-entry as well for those already in trade.
Hey Traders! I believe GBPUSD is good short, recently respected all the moving averages on the daily, if 200 breaks that's good enough reason to enter this squeeze, if it breaks it will further drop down to daily lows.
Hey Traders! The analysis is based on multiple timeframe price action, 3 moving averages and higher timeframe resistance. If it breaks 20 moving average, it should continue dropping down to re-test the bottom.
Hey Traders! If gold breaks 50 moving average on the daily timeframe , this would suggest further bearish pressure likely to the 200 moving average at the bottom. Only enter the trade IF BROKEN! otherwise no trade.
Hey Traders This is a shorter term trade, and I believe it should drop very quickly to the downside retouching the bottom, if it breaks it will go lower. 👉USDCHF @0.9217~ SELL 📍 SL - 0.9257 💰 TP1 - 0.9202 💰 TP2 - 0.9177 💰 TP3 - 0.9137
Hey Traders This is a short term trading position you can take, I believe it will re-test the previous bottom, if broken it should go down lower.
Hey Traders! I believe this trade has a good chance to drop down, looking at higher timeframe price action plus the addition to moving averages. Example Trade: 👉NZDUSD @0.6347~ SELL 📍 SL - 0.6427 💰 TP1 - 0.6327 💰 TP2 - 0.6287 💰 TP3 - 0.6187
Hey Traders! The market sentiment seems to be bullish, however, we are approaching a previous area of sensitivity and a psychological level, which could impact the trade and drop it back down. Tomorrow late at night news will drop GDP JPY, this will heavily impact this currency pair, watch out for it. A break of psychological level and re-test would be the...
Hey Traders! I believe GBPUSD has a good chance to drop down, especially if we break 200 moving average on the 4h timeframe. Example trade setup: 👉GBPUSD @1.2090~ SELL 📍 SL - 1.2170 💰 TP1 - 1.2070 💰 TP2 - 1.2030 💰 TP3 - 1.1930
Hey Traders! EURCHF I believe has a good chance to fall down, the analysis was based on multiple timeframe price actions and the main moving averages. Example Trade You Can Take: 👉EURCHF @0.9861~ SELL 📍 SL - 0.9941 💰 TP1 - 0.9841 💰 TP2 - 0.9801 💰 TP3 - 0.9701
Hey Traders! EURUSD I believe has a good chance to fall down, the analysis was based on multiple timeframe price actions and the main moving averages. Example Trade You Can Take: 👉EURUSD @1.0680~ SELL 📍 SL - 1.0760 💰 TP1 - 1.0660 💰 TP2 - 1.0620 💰 TP3 - 1.0520
Hello Traders, USDCAD looks like a decent buy, a nice little rejection to the moving averages on the 4h timeframe with a 1h bullish engulfing candlestick closure. All timeframes are trending toward the upside as well which shows bullish pressure. High impact speech coming up later on today, make sure to manage your risk, peace! :)
Hello Traders, This trade has potential if we get a solid rejection so waiting for a bearish engulfing candlestick or a shooting star would be best. This would confirm bearish momentum is here to stay and we could ride the wave further down.