Swiss Frank, GBP and EUR are to weaken...Big Price Imbalance on USDCHF chart reveals that USD is abot to get stronger. Price is back to stabilize and fill the massive inefficiency left behind. Such instable rapid falls tend to be covered. Price will return back to the point of release. Reaction at major round numbers point to that as well. For educational...
• Rejection at the 200 MA • Double top pattern on daily chart with neckline around 1.02 • Bears are in control, aim the ascending channel and a break of the neckline • Resistance at 1.0480 • If neckline is broken successfully, market will test parity level again and lower
Hello viewers, price is bounce on top zone, tommorow strong USD evetns, exepct only to give power to USD. Technically bearish EUR to expect TP1: 1.02260 (100) TP2: 1.01760 (150)
Xau will go up for lil..We will see...We go up AND AFTER THAT DOWN FOR A WILLE
💲AUD/USD US Dollar is strengthening 💲This time it' s time for AUD/USD 💲As I wrote in a previous post about the coming declines. I wasn't wrong 💲AUD/USD in my opinion is facing a significant downward wave. 💲The price has during today started to continue its declines after performing an upward correction of the second downward impulse. 💲The nearest support was...
Crucify me now, this goes against the grain and is something only my brain is understanding. My heart and intuition won't let me believe it but I will follow my brain because that's where emotions are put through tests. For now I will stay watching and waiting, yet will still take all the caution.
Fib Time Zone in confluence with LMACD showing bottoming zone?
Hi everyone, today I will be talking about a possible XAUUSD short trade using Smart Money Concepts. Trade Idea 1) Price tapped into the HTF supply zone and respected 2) Price cleared liquidity above and instantly made a strong bearish push down 3) Plenty of imbalance and market inefficiencies present below for price to mitigate 4) A lower low formed Things to...
NZDUSD analysis: Considering the uptrend in the one-hour timeframe, I expect a downward movement towards the specified targets . . price:0.62500 sl: 0,63000 tp1: 0.62000 tp2:0.61000 tp3:0.58500 . . 👤 Alireza hajighasem : @alirezahajighasem . . 📅 11/25/2022
Hello Traders, This trade has potential if we get a solid rejection so waiting for a bearish engulfing candlestick or a shooting star would be best. This would confirm bearish momentum is here to stay and we could ride the wave further down.
Hello traders, If we manage to get a pullback after such a parabolic move towards the upside and break the 200 moving average on the 4h This trade has potential to move towards the upside much more. I suggest waiting on this one for some rejection before considering to enter the market :)
Hello Traders, If we get that 20ma break (yellow) then we could have a potential buying opportunity. However, if this does not happen you could potentially still enter the trade because the 1h timeframe all moving averages are below candlesticks. This could just mean we are on a slight rejection, before another continuation push toward the upside.
Hello traders, If the next candlestick manages to close as a bullish engulfing one we could have a re-test of the previous top level which would be pretty nice. Obviously split your take profits accordingly maybe in 1/3 and manage your risk to max pip gain. If however, this does not happen then we could be a looking at a higher timeframe rejection from a trend
Hey Traders... If the 50 moving average (blue line) is broken then it could be a nice little trade towards the downside to re-test the previous bottom trend If that trend breaks we are on a rally to go down and touch higher timeframe area of sensitivity. GDP for euro not looking good.
Hopes of further easing of China’s Zero-COVID stance keeps sentiment underpinned The positive risk tone continues to weigh on safe haven currencies, while high betas AUD and NZD lead the majors to the upside. Consequently, AUDJPY continues to test the 93.00 handle to the upside, while AUDUSD continues to grind above the 0.67 handle and NZDUSD above the 0.62...
US Dollar Currency Index (DXY) 1W hollow candlesticks After an ATH (All-Time High), the US Dollar Index appears to be finding its first major support area, which occurs from the golden ratio of the Fibonacci Retracement sequence. Two triangles are formed, two ascending triangles. In the first triangle, the breakout will occur at the end of 2022. Certainly from...
EUR/USD after yesterday's reversal, today the price made a Rebound on the support zone in confluence with the dynamic trendline of the bullish channel, and the price, also looking stochastic outside the oversold area and the Divergence , seems ready to have a new bullish impulse in the direction of the main trend. Today the negative forecast about the CB Consumer...
USD/CHF inside a bearish channel today reach the 61.8% FIBO Level with a divergence in the stochastic indicator and rebounds on the dynamic trendline made by the bearish channel. We are looking for a Short impulse.