UKTRADERS21

UKTRADERS21

The market is currently at a vertical support level, and it has touched the trend zone, which it had previously done twice in the buy zone. Now, we expect the market to behave similarly. On the 4-hour chart, the market has formed a head and shoulders pattern, which is almost complete. Now, if the market breaks above the neckline area of this trading pattern and...

UKTRADERS21

The market trend is currently bearish, with lower lows and lower highs. It's approaching a strong resistance level marked by a trend line. Every time the market touched this line, it tended to fall. Now, on the one-hour chart, there's a double top trading pattern, and its neckline has been broken downwards. We'll look to enter trades on retest.

UKTRADERS21

I am expecting a trend-following trade from the current daily support level where the market is now. If we look at the 1-hour chart, a double bottom pattern is visible, and its neckline has broken above. Now, at the retest, we will take the trade. ENTRY 0.6108 STOP LOSS 0.6085 TARGETS 0.6139 & 0.6151

UKTRADERS21

The market is currently at the daily support level, where we expect it to move towards the buying direction. If we look at the 1-hour chart, we can see clues such as a double bottom pattern with its neckline already broken above. Now, we will anticipate the trade as follows: Entry: 2.0662, Stop loss: 2.0615, Targets: 2.0717 & 2.0757.

UKTRADERS21

Expecting a SHORT-ranging trade, currently observing market consolidation around daily resistance. Planning to establish support and resistance areas on the daily chart. Additionally, found a double top pattern on the 1-hour chart with a neckline break; considering a trade on the retest. Entry 110.12 Targets 109.72, 109.55 109.28 and 109.01

UKTRADERS21

Market is currently at the daily horizontal resistance, and the overall trend is bearish. There's a double top pattern formed, and its neckline has broken below. Should I take a retest trade?

UKTRADERS21

I am expecting a short in trend following. The current market price is at the horizontal resistance. If we look at the 1-hour chart, a double top pattern has formed, and its neckline has broken below. Entry 0.85475 Targets 0.8518

UKTRADERS21

The NZD/USD market trend is overall bearish. Recently, the market broke below a key support on the daily charts, which has now turned into a resistance for us. Currently, the price is near that level. Additionally, on the 1-hour chart, a head and shoulders pattern has formed, with extra confirmation from a rising channel. Both patterns have their neckline broken...

UKTRADERS21

The daily charts show a bullish trend. I am considering a trend-following buy trade based on the current daily support. Upon analyzing the 1-hour chart, I observe a double bottom pattern and an additional confirmation is provided by a trend line. Whenever the market touched this trend line as resistance on an hourly basis, it resulted in a downward movement. Now,...

UKTRADERS21

I am expecting a short trend-following trade from the vertical resistance where the market currently stands. If we analyze the 1-hour chart, a double top has formed, and its neckline has broken below. Now, we will enter the trade on the retest. entry 2024.97 stop loss 2042.15 take profit 2004.90

UKTRADERS21

I am expecting a short trend-following trade from a current daily resistance level. If we analyze the 1-hour chart, there is a formed head and shoulders pattern, and its neckline has been broken below. Now, we will take a trade on the retest.

UKTRADERS21

I am anticipating a trend-following short trade at the current daily resistance level. If we look at the 1-hour chart, a head and shoulders pattern has formed, and its neckline has broken below. Now, it is undergoing a retest. Entry 1.2674 Stop loss 1.2715 Targets 1.2610

UKTRADERS21

I am expecting a long-ranging trade based on the current daily support level. If we look at the 1-hour chart, a double bottom pattern is visible, and its neckline has already been broken above. Now, a retest is happening. ENTRY 22.61 STOP LOSS 22.47 TARGETS 22.75 & 22.86

UKTRADERS21

I am anticipating a long-ranging trade from the current daily support. When you look at the 1-hour chart, there's a double bottom pattern, and there's a trend line that acts as the vertical resistance for the market on hourly charts. Now, if the double bottom pattern and the trend break upward, we'll take a buy trade. Entry 2025.80 Stop loss 2013.97 Targets...

UKTRADERS21

The market trend is bullish on daily charts, and we're currently at a key horizontal support. The daily candle shows rejection, and examining the one-hour chart reveals a formed double bottom pattern with a broken neckline above. An additional confirmation is a trend line that, when touched previously, caused downward movement; now it has broken above. So, with a...

UKTRADERS21

I'm anticipating a short-ranging trade based on the current market price at daily resistance. Upon examining the one-hour chart, I identified a double top pattern. Its neckline has already broken below. Now, we'll trade on the retest. ENTRY 23.11 STOP LOSS 23.62 TARGET 22.52

UKTRADERS21

I'm anticipating a trend-following trade based on the current price at daily support. Analyzing the one-hour chart, I observe a double bottom pattern. First, wait for the neckline break, then enter the trade after the breakout. Finally, trade on the neckline retest. Entry 96.77 Stop loss 96.45 Targets 97.17 , 97.40 & 97.74

UKTRADERS21

"I'm anticipating a short trend-following trade based on the current daily resistance level. On the 4-hour chart, I've identified a double top trading pattern along with a trendline that previously served as market support. Now, both the double top neckline and the trendline coincide and have broken below. Currently, we are witnessing a retest in our neckline...