Strong support and price failing to create new Highs. It keeps on falling down. If the yellow zone break, I will Sell until the next demand zone (just follow the red arrow).
Thank and TAYOR!
Hi and salam to all of you. :-) I'm seeing a potential Bearish movement on EURUSD 4H. Best price would be 1.1040, risk 30 pips, rewards 60 pips.
Only trade when you can reap 2x from your risk so that it will be easy for you to end up with net profit later.
TAYOR and happy trading!
KHALID HAMID @ MK
Hi everyone. It's KHALID here. I'm seeing potential Bearish continuation for AUDUSD (and all AUD pairs). Price is in a Bearish trend, and retraced just now because of good employment data. As long as the price didn't close above the black line, I'm still favoring a Bearish trade. TAYOR
Hi there. I'm looking at possible Bullish move for GBPJPY 4H. It seems like Triple Bottom pattern and price could try to break the neckline (upper black line). If it does, then we can see a Bullish movement from there. Price is currently at Weekly Support.
I'd BUY if it breaks the top black line. It still needs confirmation. Tomorrow got GDP data release on GBP...
After a long Bullish moves, the uprise has stalled and slowed down. Price has start to create a Lower High and tried to break the Support (magenta zone) yesterday.
However, be cautious as the price can still go upwards. We merely trade WHAT WE SEE, but the market forces is beyond anyone's control.
EUR must weaken or GBP must strengthen in order for EURGBP to...
Hello guys. Please refer to the image. This is what I see for USDCAD.
After a nice drop following my previous analysis, I'm going for a long because the resistance has been retested multiple times, making it weaker. Usually, price will go back there to break it.
Let's see. Don't forget to put a risk on your trade. TAYOR!
KHALID HAMID @ tfspriceaction
Hi everyone. Please refer to the image. Beware of CAD news coming out tonight (SEA time). It might move the pairs then. For now its still not moving much. Maybe waiting for news data.
TAYOR and all the best traders!
Hi everyone. Please refer the explanation in the image. I'm seeing a potential (strong) Bearish setup on its way based on the current market structure.
Target ENTRY at the Confluence Area. TAYOR and let's see how this goes.
HAPPY LABOR DAY!
Salam and hi my name is Khalid Hamid. USD Index is showing a reversal, thus USD pairs might go down too (including USDJPY).
Early sign is there but still need to wait for a STRONG BREAKOUT signal to the downside.
Watch the video to understand. ;-)
Tomorrow is NFP and few other high impact data release so please be careful with your trades.
Good luck and...
Hello guys thanks for visiting my analysis. Enjoy the video!
SUMMARY: The plan is to SELL EURUSD for this week, since the price has created a new LL point (Lower Low).
Thanks and please SHARE with your friends. Constructive comments appreciated. :-)