Gold/EUR
Still holding my shorts on EU patiently, as the general price action has not violated the underlying confluences. Keeping all posted
Price is rising towards a resistance level, which serves as a pullback resistance aligning with the 38.2% Fibonacci retracement. A reversal from this level could cause the price to fall to our take profit target. Entry: 1.06979 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement Stop loss: 1.07586 Why we like...
#EURUSD Good day, we continue to be in a long context despite the corrective movement formed in the latter half of yesterday. I would also like to note the beginning of the order flow in the long direction, which gives us additional reason to adhere to the long context for the day. The intraday target will be the previous day's high (PDH), as well as the liquidity above.
EURNZD - 24h expiry Short term bias has turned positive. Posted a Double Bottom formation. Offers ample risk/reward to buy at the market. Daily signals are bullish. Previous resistance at 1.7970 now becomes support. We look to Buy at 1.7975 (stop at 1.7939) Our profit targets will be 1.8065 and 1.8095 Resistance: 1.8000 / 1.8045 / 1.8090 Support: 1.7978...
This is my Intraday analysis on EURUSD for 17 Apr 2024 W16 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish Internal Bearish Pullback Phase 2. Swing continuing bearish following the HTF Bearish Trend. Expectations is set for the Swing to stay bearish to fulfill the...
Possible EURUSD breakout descending wedge formed with the downtrend. Looking to long if the price breaks above the trend line.
EURJPY - 24h expiry Price action looks to be forming a top. A Doji style candle has been posted from the high. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We look to sell rallies. Although the anticipated move lower is corrective, it does offer ample risk/reward today. We...
hello guys... as I said before: from my point of view, this pair is bearish! why?! you can see the ascending channel broke! the price formed a QM pattern twice! the first QML(1) was touched and if the blue trenline breaks up the QML(2) will be touched too! so I believe this coin wanna touch the QML area and then start the downward movement due to engulfing...
#EURUSD We continue to remain in a short context. For now, I've identified a potential position from the Frankfurt maximum with a re-covering of the FVG. My intraday target is the PDL.
This is my Intraday analysis on EURUSD for 16 Apr 2024 W16 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish Internal Bearish Pullback Phase 2. Swing continuing bearish following the HTF Bearish Trend. Expectations is set for the Swing to stay bearish to fulfill the...
Entered the shorts here as per the explanation yesterday. Shooting for 4 RR on it, but lets see what the price action decides to develop into. Will be moving my SL alongisde the LL & LH formation, nothing crazy
Price is rising towards the resistance level which is an overlap resistance which aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.46671 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 1.47033 Why we like it: There is a pullback resistance...
EURUSD turned oversold today on its 1D technical outlook (RSI = 29.517, MACD = -0.004, ADX = 31.573) as it failed to sustain the rebound during the early session. The long term pattern is a Channel Down since the start of the year and this is the second bearish wave for a LL. The 1D MACD is on the second Bearish Cross inside 30 days and even though a short term...
All currencies appearing in this post are fictitious. Any resemblance to real currencies, existing or dead, is purely coincidental.
EURJPY H8 We are sitting nicely at our previously identified sell zone, we ended the week very red last week, before seeing some corrective play to start the week off today. A swing short to start the week.
Trading Setup: A Trading Signal is seen in the EURUSD (m15)Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1.0684 ⭕️SL@ 1.0716 🔵TP1@ 1.0561 🔵TP2@ 1.0500 🔵TP3@ 1.0411 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to falling channel, where it first broke resistance level and fell to $1.0775 points. After this, price tried to rise, but failed and declined lower, after which EUR turned around and started to grow in rising channel. In this channel,...
Hello freinds this chart we shows that this market will know a down trend on next weeks if you want more informations please show the chart good luck