USDTRY Breakout wedge and breakout key level @ 5.7440 Volume Profile shows HVN @ 5.7140 It's clear accumulation area after breakout it's ready for explosion
USDMXN broke down trend line on H4 chart on accumulation area @19.1300 the same area was past support Volume profile show strong attitude for this pair to be bullish till HVN area MACD show buy signal
This pair looks a really beautiful setup, all time frames tell one thing: "SELL" I will be waiting for a break and retest of 1.73 zone on 1hr time frame before entering short. This pair has way more downside potential then my target.
OANDA:USDMXN -----> Details on the chart. Pipdify Tamilkumar
-WEEKLY TIMEFRAME HAMMER CLOSURE -HAMMER AFTER 8 DAY BEARISH TREND\ -HELD AT DAILY PURPLE RESISTANCE AT 0.65150 -DAILY & H4 BREAK OUT OF BEARISH TREND -NO LONGER SITTING BELOW MOVING AVERAGES ON H4 DAILT TIMEFRAMES -FIB RETRACEMENTS WORK AS TARGET ZONES
Analysis -USDCZK looking bullish after showing signs of reversal. Sellers pushed price down into support but buyers brought it back up above support before the daily candle close. -The price action resulted in a daily pinbar setup AT SUPPORT which is a bullish sign. -On the 1H time frame, price just broke a bearish trendline or the neckline of a head and...
Hey everyone! I hope it was a great sunny weekend for everyone of you guys. Here in Germany it was beautiful, like this setup we are looking at. Found it during my weekend trading routine. USDMXN looks super clean from now as there was bullish momentum during the last week. Forming a peak high formation now with a divergence on the RSI could indicate another...
This little setup caught my eye. I personally wont trade this pair, as i dont trade exotics... Thought i would just share if anyone else out there had a bearish view on this pair. This isnt intended as a signal, just an idea. Thank you.
Off the beaten track with an "EM exotic" trade.. and the first idea on this pair on tradingview PLNHUF breaking and having repeated closes below 2018 low opening up a move down to 72 area and potential retest of 2017s low 70 area
Analysis should indicate loads of signs to go short Feel free to ask any questions
Price has tested the downwards channel multiple times then broke to the upside where it has hit our price zone. price should reverse targets are... TP 1 - 9.27954 TP 2 - 9.21655 TP 3 - 9.13943 SL - 9.34018 have a great day guys, please use correct risk management
USDSEK respecting deciding trend line extremely well, negative USD new later
The USD/TRY currency pair is moving in a gradual uptrend. We can expect prices to fall towards the support formed by the trendline and possibly buy orders can be placed here
I see a potential Head & Shoulders patter forming on the USD/MXN. All the details are listed on the markup. Trade at your own risk! I am not qualified to give financial advice! Happy trading :) ~TraderTrev
USDTRY is a very tricky exotic pair to tackle. The exotics on the whole are erratic and offer may traps and false breakouts. This is a dangerous pair and not recommended for those without experience of exotics. On this occasion I'm departing from my system of 'rules' because I'm dealing with such a wild 'animal'. I have experience of exotics doing false...