Hey traders, We have spotted earlier an important daily structure resistance on EURUSD. I was looking for a confirmation to short that structure. The confirmation was a descending triangle formation on 1h time frame. The order was opened on a retest. Great winner and perfect short. Did you catch it? ❤️If you have any questions, please, ask me in the...
Hey Everyone, Quick closing post for the week. We had a TARGET at 1761 yesterday, which was HIT during the Tokyo session. However, EMA5 failed to cross 1758, which followed with a rejection, as stated yesterday a failure to cross and lock 1758 will follow with this rejection. However, we remained Bullish from Dips and strategically took buys from the drop using...
Cup and Handle formed on daily and broke up and out beautifully. The 7>21 but <200 MA Once price breaks above the level the target will easily go to 0.6288 My concern is the break up after a continuous downtrend which makes it a medium probability trade.
It looks like market-makers want to take the price up. We are watching since we don't just enter the market haphazardly. I've since taken lovely profits from this pair. I'm now sitting on the sidelines waiting for a great opportunity to jump...
Another beautiful day for the bitcoin market. We got ourselves loaded in this beautiful trade on bitcoin at 16379. Recently Bitcoin market has taken bearish BOS on the daily timeframe. As a result after taking external structure liquidity on daily market may wanna retrace back to grab the minor structure liquidity that has been marked on the chart. So for that...
On the H1 timeframe, prices are on an uptrend which surpassed the resistance turned support zone at 0.61800. Price has thus approached the 0.62780 resistance where a break to the upside could see prices push higher. Given the slower than expected rate hikes of the Fed which has weighed down the Dollar, coupled with the historic rate hike of 75 bps by the RBZ...
Price was in a consolidation, with some large fakeouts. Looking to go short after break of that minor zone, targeting that major resistance zone.
audusd moving as expected 170 pi [ps profit withen 1 day this is how we can predict market via price action
GBPJPY buy 168-167.76, SL 166.85, TP 169.193-169.98 Technical setup is based on EMA50 (H4) + trendline + priceaction
Gold shows a pause or stop in the bullish move on higher timeframes which might indicate that a retracement might begin. A look at the lower timeframes shows some bearish price action and one might take a risk on a short term sell. My setup gives a 1:2 risk:reward. Remember to ALWAYS consider risk management and don't risk more than 4% of your equity
Hai Guys ... i want to share my idea for forex trading in 25 nov 2022 My suggest just pick 3 from all position and remember the money management
EURCAD pair is bouncing off strong 4h resistance zone with formation of atypical h&s pattern ...expecting more down move after breaking the neck line...be safe...
A month ago we called the top on the USDCNY: With the price breaking below Fibonacci 4.0, the pair has basically called for an extension of November's downtrend. This will be confirmed if the price fails to close the week above the 1D MA50 (blue trend-line). As you see, on a sample dating back to January 2017, every time the price failed to close above the...
Based on technical factors there is a Sell position in : 📊 USDCAD 🔴 Sell Now 1.3338 🧯 Stop loss 1.3448 🏹 Target 1 1.3192 🏹 Target 2 1.3047 🏹 Target 3 1.2900 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
Our team and our private mentor students at Lamda captured this beautiful day trade on the GBPUSD with a 1:35 RR with lowest risk and high reward. As price created a new bullish structure, our eye was on the extreme M15 orderblock that we were looking to go in at. Price took the EL on M15 which induced all the retailers as well as dumb SMC to short thus...
Inverse Head and Shoulders on NZD USD Price is still below 200MA but 7>21 which is a good bullish start. Target 1 is 0.69053
GOLD XAUUSD The price approaching on the resistance level I expect to retes at her My target next support level as you can see in 1726 If we look in higher time frime Like dailly or weekly will see Some imbalance candles So in this case will think about what Will happen if the price leaves Behind imbalance candles It means that the price will return again To...