fxtraderkristina

fxtraderkristina

👩🏽‍💻Technical: On the daily timeframe, the price seems to be following an ascending channel pattern, which usually signals a bullish trend. Nevertheless, it's worth keeping in mind that the 1.25833 level has acted as a strong resistance zone, with the price repeatedly failing to breach it. 🎯 For an ideal entry: There are two possible strategies to consider for...

fxtraderkristina

👩🏽‍💻Technical: The AUDCAD is moving within a daily channel, which seems to show some selling power building up. On the 1-hour chart, there's an M pattern taking shape, but it's not confirmed yet since the neckline isn't fully broken. 🎯 For an ideal entry: I recommend patiently waiting for the price to demonstrate strong selling momentum by fully breaking the...

fxtraderkristina

👩🏽‍💻Technical: the EURUSD pair is currently showing an upward trend on both the monthly and weekly timeframes. Additionally, the pair is moving closer to its daily high, with a 1-hour bullish closure indicating that buyers are actively trying to gain control. 🎯 For an ideal entry: There may be an opportunity to take advantage of a potential pullback to the...

fxtraderkristina

👩🏽‍💻Technical: Sellers are applying significant pressure on the price, as it trends below the MA's on HTF. Additionally, a daily candlestick pattern is currently forming and it appears to be a bearish engulfing candlestick. Meanwhile, on the 4-hour chart, the price is showing signs of aiming to break into a new low, further confirming a bearish bias. 🎯 For an...

fxtraderkristina

👩🏽‍💻Technical: Weekly and the daily TF, suggesting selling pressure for AUD as the price has crossed MA 20 and MA 100. On the 4-hour, the M pattern neckline was completely broken and is now aiming to make a new 4-hour low. 🎯 For an ideal entry: You could potentially enter it now or wait for the candlestick to close into a new 4-hour low, but just keep in mind the...

fxtraderkristina

👩🏽‍💻Technical: On the weekly, the sellers are pushing the price down based on the current gravestone doji being formed. However, the price has a strong uptrend, and it seems that the sellers failed to break many times in the past. 🎯 For an ideal entry: In order to see if there is enough selling pressure, wait for the price to break the uptrend + push > exhaustion...

fxtraderkristina

👩🏽‍💻Technical: Monthly price action is stuck between two MAs, trending inside a weekly channel, and trying to break the daily lower channel trend. A similar scenario is happening on the 4-hour chart, suggesting some bearish bias in the market. 🎯 For an ideal entry: My suggestions would be to exercise patience and wait until the price has successfully broken...

fxtraderkristina

👩🏽‍💻Technical: On the weekly, the price is trending above MA's and has successfully broken above a previous resistance level at 1.22028, and on the 4-hour, the price is aiming to close into a new high. 🎯 For an ideal entry: I would suggest waiting for a candlestick closure, ideally the bullish engulfing one, and potentially aiming for a profit target of 1.22690,...

fxtraderkristina

👩🏽‍💻Technical: The price is attempting to break below the MA 20 on the weekly chart, and the daily MA 100 has already been broken below. Strong support at 0.87379, so a break below would be significant for sellers. 🎯 For an ideal entry: I would suggest to wait for the price to break the support, maybe a push > exhaustion to confirm bearish bias, and aim to enter...

fxtraderkristina

👩🏽‍💻Technical: On a daily TF, the AUD price has crossed the 20-day and 50-day moving averages and is now trying to break through the 100-day moving average. This may suggest that there is selling pressure on the currency. However, it's important to note that the price is still moving within a channel on LTF. 🎯 For an ideal entry: To confirm a bearish bias, I...

fxtraderkristina

👩🏽‍💻Technical: The current trend in the market is bearish, and it's moving within a defined channel. Nevertheless, this setup is demanding a pullback. Without it, it's likely that your stop loss will be hit if you enter the market now. 🎯 For an ideal entry: If you wait for a pullback, you might be able to achieve a better risk-reward ratio since the moving...

fxtraderkristina

👩🏽‍💻Technical: Higher time frames suggest strong Euro power against GBP by trending above MAs, with the daily aiming to break the channel with a bullish engulfing candlestick. 🎯 For an ideal entry: The price must confirm a strong enough bullish bias by breaking MA's on the daily and the channel on LTF. Push> exhaustion + bullish pattern confirmation for a super...

fxtraderkristina

👩🏽‍💻Technical: Currently, the monthly chart is developing a strong bullish engulfing pattern & the weekly chart is indicating some really promising bullishness as well. This setup has the potential to reach around 100 pips - which is where the previous daily high zone is. 🎯 For an ideal entry: Push > exhaustion, especially if the price makes a new high on the...

fxtraderkristina

👩🏽‍💻Technical: The price seems to be coming back from higher-time-frame support, and the daily is trying to reach a new high. On the 4-hour chart, the price is currently struggling to break the resistance, suggesting sellers are also actively involved. 🎯 For an ideal entry: To confirm the bullish bias and potentially target the higher time frame zone, the price...

fxtraderkristina

👩🏽‍💻Technical: The price is currently on a higher time frame pullback, and the daily chart is forming a strong bullish engulfing candlestick, attempting to break MAs. The price has a strong psychological zone @1.95000. 🎯 For an ideal entry: To confirm the bullish bias and potentially target the 4-hour previous high, wait for the 4-hour candlestick to fully close...

fxtraderkristina

👩🏽‍💻Technical: Bearish pressure is indicated by daily price action trending below MAs and strong candlestick rejection of the monthly TF. On the 4-hour, the price is currently moving into a channel, making it more than likely to re-test the 4-hour downtrend before continuing to trend down. 🎯 For an ideal entry: Wait for the price to break the lower channel...

fxtraderkristina

👩🏽‍💻Technical: On the daily chart, the price broke the trendline, but the price is having difficulty breaking lower because of the strong support at 0.6860. Yet, the moving averages are still trending south, suggesting a continued bearish bias for AUDUSD. On the 4-hour chart , we can see that the price tried to break out of the support at 0.6860, but the selling...

fxtraderkristina

👩🏽‍💻Technical: The monthly and weekly time frames for EUR/JPY are showing bullish signs, with the MAs of 20/50 and 200 trending below. However, on the daily chart, the price is currently experiencing a pullback, indicating potential bearish pressure. The 1-hour consolidation further confirms the current market situation for EUR/JPY. 🎯 For an ideal entry: You...