Here is my latest structure analysis and important key levels to watch on EURUSD. Support 1: 1.0722 - 1.0755 area Support 2: 1.0621 - 1.0670 area Support 3: 1.0496 - 1.0564 area Support 4: 1.0447 - 1.0467 area Resistance 1: 1.1107 - 1.1150 area Resistance 2: 1.1240 - 1.1280 area Consider these structures for pullback/breakout trading. ❤️Please, support my...
Greetings Traders, Our focus pivots to the US Dollar Index (DXY), where we are actively evaluating a potential selling opportunity around the 102.900 zone. As DXY charts its course within a downtrend, the ongoing correction phase places it in proximity to the trend at the critical 102.900 resistance area. This comprehensive analysis delves into the fundamental...
Greetings Traders, In today's trading session, our attention is focused on AUDUSD, where we are actively monitoring for a potential buying opportunity around the 0.66200 zone. As AUDUSD navigates an uptrend, the ongoing correction phase positions it in proximity to the trend at the 0.66200 support and resistance area. This in-depth analysis will explore the...
Hey traders! 👋 Today's scoop on EURUSD: 🔍 Swing Check: The recent swing didn't convincingly close high up. 🚀 Looking for Longs: For potential gains, watch out for a higher high inside. It signals a shift in direction, making it a good time to consider going long. Stay sharp, watch those charts, and happy trading! 🌐💰 #ForexTips #EasyTrading #EURUSDUpdate D |...
SMA break out + Positive Us News + bearish div on weekly . I'm expecting a positive NFP data so gold will keep his way to 2010$ - 2020$ zone
– Previous Daily candle closed weak Bullish around 2043.500 forming weak Daily Support around 2041.300 as price ranges prior to NFP. – Buys on close above 2048.500 targeting 30min Resistance around 2055.000, Leaving Runners to the current Monthly open around 2063.000. – Sells on close below 2039.200 targeting 4h Support formed around 2033.400, Leaving Runners to...
HELLO TRADERS, As i can see DXY DOLLAR had done a retrace after a long drop but still the downtrend is not finish yet ... so i can see a rejection here at this resistance zone so we are re enter on sell as we can yesterday FOMC MEETING show us a rate hike which is not good for Dollar & you can see geopolitical issue also around the world BRICK 70% country are...
USDCAD formed a double top pattern after a test of a solid horizontal resistance on an hourly time frame. I expect a retracement at least to 1.3295 level now. ❤️Please, support my work with like, thank you!❤️
After the obvious head and shoulder pattern and the break off the bullish channel i adviced to keep shorting the market. Gold fell deep and we took some winning trades. 2030 is key level. If this level stays intact it will go up again. Gold eventually did reject. Atm i am focusing on the 2055 resistance level to go short again with targets such ass 2045 and...
– Previous Daily candle closed strong Bearish around 2041.300 tapping into the previous Daily Resistance formed on 20th December 2023. – Buys on close above 2045.800 targeting 4h previous Support formed on 25th December 2023 around 2053.100, Leaving Runners to the next previous 4h Support formed on 2nd December 2023 around 2066.400. – Sells on close below 2032.300...
Hello Traders, welcome to today's analysis of Dollar Index. -------- Explanation of my chart analysis: DXY (Dollar Index) has been forming a triple bottom all the way back in 2008 and has been rising ever since. With the recent break above the psychological $100 level, the DXY is once again confirming the bullish strength. If DXY doesn't break below this area,...
DXY create classical hidden bearish divergences in 4h, 2h & 1h time frame. A healthy short anticipated to 101.6.
This did not pan out the way we expected. But because we had sell stops and they weren't triggered we are still okay, now we wait for the move to the next level before we add or minus anything.
EURUSD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy EURUSD Entry Level - 1.0951 Sl - 1.0921 Tp - 1.1008 Our Risk - 1% Start protection of your profits from lower levels
GBPUSD formed a tiny double bottom pattern after a test of a key daily horizontal support. The neckline of the pattern is now broken and for us it is a very strong bullish signal. I anticipate a pullback at least to 1.2677 level now. ❤️Please, support my work with like, thank you!❤️
– Previous Daily candle closed small Bearish around 2059.100 leaving a huge Rejection to the upside as price tapped into Daily Resistance formed on Thursday 28th December 2023. – Buys on close above 2066.300 targeting Daily and Weekly Resistance formed on 4th December 2023 around 2072.000, Leaving Runners to the Daily Resistance formed around 2077.500. – Sells on...
ZOOM OUT, GO TO THE BIGGER TIMEFRAMES, THANK ME * LL LH * Pullback wave * trend = bearish
We had the wrong thought and were in the opposite direction which is okay because that trade was not taken. Due to low confluences and a weak RR, so technically we were correct in our analysis but wrong in our forecast.