The 15 minute setup is playing out quite nicely. Going to be looking for a re entry tomorrow as well this time leaving the full position open to target the 4H high. I will start posting more trade updates like this regularly after my analysis
A promising setup for GBP/JPY this week would be to closely monitor the potential supply levels around and keep an eye on any bearish confirmation forming in that region. Additionally, watching for any negative news releases or economic data related to both the British pound and Japanese yen could provide valuable insights into potential price movements. ...
I've spotted a key demand zone for crude oil on a 15m chart. The demand level range is between 82.126-81.746. If the price retraces to this zone, I'll be considering a long position. Target for this demand level is set at 82.93, with a potential for a 2 risk/reward ratio. I plan to exit the trade if there's a 15-minute candle closing below the demand zone
Very quick analysis on GU. Didn't go into a lot of detail of everything that could happen just focusing on what I'm currently seeing and that GU going long targeting the 4H high
FOREXCOM:USDBRL price is at a major resistance zone and seems to be forming a double top on the daily time frame. Price should start heading down. Worst case it breaks the daily zone and hits the Monthly descending trendline (red). Price is currently overbought on the RSI and Bollinger Bands so there is a high probability it will go down.
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Three, Four Day Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider...
NASDAQ showing bullish setup from different bullish confluences. As in longer perspective index is in bullish channel. Within bullish channel it has formed bearish correction which coincide with recent broken level and now a retest. Will bulls took benefit from these levels ?
I think Bitcoin is still in a bearish trend in its monthly trend and needs to complete its 5th Elliott Wave to continue its upward trend. Bitcoin needs more demand to continue climbing, which is clearly seen in the $12,000 range. #Bitcoin
HOOKUSDT was trading in bearish trend and now has given the breakout from declining trendline. currently the price is creating support zone around breakout region, 0.9395, will the buyers attach this region and push price even higher?
AUDCAD is reaching to very strong demand zone. As the pair is still in local bearish parallel channel, the bottom of channel is also coinciding at demand zone around 0.8750 region. In past this region shown a strong bullish rally, are the buyers still waiting for this level?
FETUSDT is trading in bearish parallel channel and reached at very strong demand zone. In past this demand zone shown very fine bullish reaction. Currently the price is also giving respect to declining trendline. Once the price is able to break declining trendline it will be a nice bullish run.
I've spotted a key demand zone for Gold on a 15m chart. The demand level range is between 1949.615-1947.885. If the price retraces to this zone, I'll be considering a long position. My target is set at 1959.645, with a potential for a 5.1 R reward. I plan to exit the trade if there's a 15-minute candle closing below the demand zone
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Three, Four Day Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider...
Red selling zone and green buying zone level learning and education purpose only Like share and follow
Hi Traders👋🏻 On The Daily Time Frame The CADJPY Price Reached A Resistance Level (107.400-107.812) and 61.8 fibonacci retracement level ! Currently, The Price Formed a Double Top Pattern📉 The Neckline is Broken🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 104.950🎯 ___________ if you agreed with this IDEA, please leave a LIKE,...
GBPCHF is been in strong bearish trend and hitted the long term daily demand zone. As of now the the price has shown the fairly good reaction from this level. Currently the price is been range bound and seems like it is ready to break range.
USDJPY broke through bearish parallel channel. The market has created local demand zone around 140 region and showing good bullish momentum from that zone. Will the market sustain this momentum and continue to rally ?
EURCAD broke through bearish parallel channel. The market has created local demand zone and showing good bullish momentum from that zone. Will the market sustain this momentum and continue to rally ?