This is my idea on XAUUSD. Expecting price to rise to 2023.69. After reaching TP1, capture half of the profits and set a stop loss at TP1, then follow the trend with a trailing stop. What do you guys think?
This is my idea on XAUUSD. Expecting price to rise to 2010.41. After reaching TP1, capture half of the profits and set a stop loss at TP1, then follow the trend with a trailing stop. What do you guys think?
This is my idea on XAUUSD. Expecting price to fall to 1966.57. After reaching TP1, capture half of the profits and set a stop loss at TP1, then follow the trend with a trailing stop. What do you guys think?
USDCHF Sell. I anticipate the price to continue its current direction, capturing the liquidity it left behind before reversing. After reaching TP1, secure partial profits and adjust the Stop Loss to the Entry (break even) point.
Similar to yesterday, the entire market has been in a downtrend, and we have observed the formation of two minor resistance zones. We can also identify a minor downward breakout. I anticipate that the price will continue to move in this direction. What are your thoughts on whether the USD has the strength to sustain this trend?
Observing USDCHF, we can identify a minor downtrend along with a liquidity zone that the bank has yet to absorb, which was left behind in the past. Can we anticipate a continuation of the price movement within this trend? The take profit level has been set at 0.89804.
We can observe that XAU/USD is in a downtrend, as the price has broken through the lower structure, and three resistance zones have formed. These factors serve as even stronger indicators that the price will continue in that direction. The take profit level is set at 1958.05 .
This is my idea for GBP/USD on a 15-minute time frame, get a better view of the chart on a 5-minute time frame. I've entered a short position because it's evident that the price is in a downtrend, and it has broken below the established structure. This signals the potential for the entire trend to continue in this direction, with a target profit (TP) set at 1.22626.
I've been observing the AUD/USD chart , and it seems that the price might continue in an uptrend. We can notice multiple instances of the price breaking through the support/resistance zone, and after that, the price managed to surpass the trendline and perform a retest. I anticipate that the price will reach higher levels. This trade could potentially be of a...
We can observe a downtrend in progress in the GBPAUD pair. The price has broken through the support zone, then retraced into its order block, and subsequently breached the support zone again. My expectations are that the price will continue to decrease and reach 1.94812 .
Observing the USD/JPY pair, we can notice that the price had been in an uptrend and had gathered liquidity. After the liquidity pool was filled, the price broke through the last order block, following which the most recent high was breached. In my view, this signifies the beginning of a downtrend. I anticipate the price to reach 144.550 .
Observing the CAD/JPY pair, we can see that the price has broken the trendline, which, in my opinion, indicates that the price is moving in a downtrend. Alternatively, this could be a retracement before resuming an uptrend. What are your thoughts on this? Personally, I anticipate the price to reach 106.556 .
Looking at the CADJPY pair, we can observe an overall downtrend. We can see a tested resistance zone and a broken minor support zone. Additionally, there's a liquidity void left on the lower left side. In my opinion, this serves as an indicator that the price is likely to continue in this trend.
Looking at the AUD/USD chart, we can notice that the price has made a new high. Right at that high, we witnessed a downward price reaction. The price gathered liquidity from the lowest peak and broke through the support back upwards. In my opinion, this suggests that we might see a continuation of the price rise to 0.64884 .
Looking at the GBP/AUD pair, what I can see is that a minor support zone has been breached downwards. Additionally, there is an imbalance below on the left side, which suggests that we could witness a continuation of the downtrend and that the price could potentially reach 1.95065.
Let's attempt a slightly more daring trade on the CHF/JPY pair, with a 20-pip stop loss – a modest amount considering the potentially substantial gains. Please refrain from harboring excessive expectations for this trade or similar outcomes. This is meant to be a light-hearted endeavor before the week concludes. Anticipate a potential loss on this trade, so I...
Looking at the EUR/USD pair, we can observe an overall downtrend in the price. Currently, the price has broken downwards after a minor price consolidation. I anticipate the continuation of this trend and believe that the price will reach 1.08025 .
The NZDUSD pair is currently experiencing an uptrend. Should the price successfully breach this zone once more, we might observe a further continuation of the upward movement, potentially reaching up to 0.60348, which represents the next resistance zone.