"I am expecting a long trade in NZD/USD, following the trend from the daily support zone where the current market price is. On the 1-hour chart, there is a very nice double bottom pattern formed with its neckline broken to the upside. We are now waiting for a retest of that neckline. ENTRY: 0.59295, STOP LOSS: 0.5900, TARGETS: 0.5970 0.5981 and 0.5998.
USDJPY LONG: This is a trend-following trade based on the daily vertical support line. Historically, whenever the market price touched this trend line, it rebounded for a buy. The price has touched this trend line three times since September 11, and I am now anticipating a long trade. Analyzing the 1-hour chart, a double bottom pattern is visible. Additionally,...
AUDNZD LONG. Expecting a pullback long trade from the current daily support. Double bottom pattern is visible, and the pattern neckline broke above. Now waiting for a retest entry in the trade. Entry: 1.0668. Stop LOSS: 1.0646. Targets: 1.0895 & 1.0915
EURCAD SHORT. Expecting a pullback trade from the current daily structure resistance. Double top pattern is visible, and the pattern neckline broke below. Now waiting for a retest. Entry: 1.46655. Stop loss: 1.4700. Targets: 1.4622 & 1.4596
XAUUSD LONG, this is a trend-following trade from the daily support. The current running candle is showing rejection at the support. Further analyzing the 1-hour chart, a double bottom pattern is visible, and its neckline has broken above. Now, we are waiting for a retest of its neckline. Entry: 1980.21 Stop loss: 1972.0 Target: 2002.0.
I've taken a long position on EUR/JPY. This trade is based on a trend-following strategy, with a strong reaction seen on the daily chart at a support level, indicating a potential reversal. Additionally, the 1-hour chart shows a double bottom pattern, and the neckline has already broken. I'm now waiting for a retest to enter the trade. Entry: 158.59 Stop Loss:...
GBPJPY LONG. I'm anticipating a ranging trade from the daily support level. The candle reaction is strong for a buy. Further analysis on the 1-hour chart reveals a double bottom pattern, and the neckline has broken above. I'm now waiting for a retest. Entry: 181.914 Stop loss: 181.11 Targets: 182.63 & 182.99
EURGBP short. I'm looking for a pullback trade from the current daily resistance level. The daily candle is showing rejection at this point in time. Further analysis on the 1-hour chart reveals a double top pattern, and its neckline has broken below. I'm now waiting for a retest. Entry: 0.87275 Stop loss: 0.8740 Target: 0.8706
AUDNZD Expecting a reversal from the current strong resistance on the daily chart. Daily candle shows clear rejection, and on the 1-hour chart, a head and shoulders pattern has formed with a confirmed neckline break. We'll look to enter on a retest. Entry: 1.08715, Targets: 1.0845, 1.0824
Going long on EURNZD. This is a trend-following trade from the daily support zone. The daily candle reaction looks strong, indicating rejection. When we look at the 1-hour chart, we can see a head and shoulders pattern forming. The pattern's neckline has been broken above, and now we will take the trade on the retest. Entry: 1.81305 Stop loss: 1.8046 Take profit: 1.8246
We're looking for a long trade on the US30, anticipating a reversal from strong daily support. The candle reaction seems strong, indicating a buy trade opportunity. On the 1-hour chart, we're observing a double bottom pattern with a neckline breakout, and it's currently undergoing a retest. Entry: 32,999.68 Stop loss: 32,807.31 Targets: 33,218.12 and 33,382.31
NZD/CAD LONG expecting a pullback trade from minor daily support. A strong daily candle rejection is visible. On the daily chart, there's a double bottom pattern with a neckline break confirmed by a bullish engulfing candle. I'm waiting for a retest to enter. Entry: 0.79965 Stop loss: 0.7970 Take profit: 0.80385
EURCHF SHORT. This is a trend-following trade. The market recently broke a daily support that has now become our daily resistance. The market is currently retesting this resistance. We are seeing clues of rejection in the daily candle reactions. Looking at the 1-hour chart, we've identified a double top trading pattern. The neckline of this pattern has already...
I am currently in a long trade on AUD/USD. This trade is based on a reversal from a significant daily support level. Although there isn't a distinct rejection candle on the daily chart, we are looking at the 1-hour chart where a head and shoulders pattern has formed. The neckline of this pattern has been broken to the upside, and we are now waiting for a retest...
We're taking a long position on GBPJPY, following the trend from a key level of daily support. You've found candle rejection clues on the daily chart, and on the 1-hour chart, there's a double bottom pattern with a neckline break that is currently being retested. Entry: 181.97, Stop loss: 181.23, Targets: 182.85 & 183.76.
XAGUSD has reached a minor resistance on the daily chart, where we anticipate a pullback trade. The candle reaction hasn't been particularly strong on the daily chart so far. However, on the 1-hour chart, an interesting trading pattern has formed - a double top, and its neckline has broken to the downside. When there's a retest of this level, the trade will become...
USDCAD SHORT TRADE Trend following trade From the daily resistance, the market has recently broken the support zone of 1.3425-1.3489 on the daily chart, which has now become our resistance. Currently, the market price is at this resistance. When we examined the hourly chart, we noticed a double top formation with the neckline breaking below. Now, we are waiting...
AUDUSD long: The market price is at a key horizontal demand zone on the daily charts, and the candles' reaction is also strong. The last two candles showed rejection at that support level. Upon examining the hourly charts, a double bottom pattern is visible, with its neckline being broken above and currently retesting it. Entry: 0.6793. Stop Loss: 0.6736. Take...