Price will come down as the rest of the pairs to go and get liquidity from the banks, use risk management. After that it will go upand continue Long movement.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.7333). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURNZD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.7333). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURNZD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Here we have an easy safe short with potentially large reward to risk ratio. A head and shoulders formation can be seen nicely formed, with large rejection wicks in the H4 time frame, EURGBP seems to be preparin for a fall through the somewhat weakening support line @0.88808. I see a standard fall to retest the support line, this can be a quick short scalp...
There is a Sell possibility at the time! If you like scalp trades you can look for an entry. Share your charts and thoughts about EURUSD! Dear followers, the best "Thank you" will be your likes and comments! Before to trade my ideas make your own analysis. Thanks for your support!
we will wait a big volume after strong breakout of resistance
The pair had a wild rally up lately, breaking all resistance lines. Finally, it has broken out of the uptrend support line and a pullback is expected. SL above the local level. TP at reasonable targets. Simple trade. Guys, like subscribe and comment.I really appreciate. Wish you all the best of luck in your trading.
Technical sell as price pulls back for another leg up as Euro stimulus continues. Maybe dxy gains some strength which will help this move but that's not the idea behind the trade. The traders trying to buy the 200 MA here will be funny to watch lose. Happy trading.
go LONG on institutional candle open since last liquidity purge caused an imbalance that broke highs of market structure
🔸 WEEKLY CHART EXPLANATION: . . 🔸 Price made a bullish move the last weeks. . 🔸 Now, it is facing the broken Ascending Trendline. . 🔸 We consider that it has potential to be rejected here, and make a downside move towards the Support Zone. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYSIS:
I have laid it all out in the charts, this pair has risen almost 700 pips without 1 red candle...crazy. -Good time to mention why we use and respect stops. Good luck out there this week!
📍 EURCHF On the CHF side, we had started to see a lot of plumbing from SNB at the lows 1.06xx-1.05xx and for those following the flows it was the 🔑 level we were to tracking in Q1. It is no surprise that we are reaching the end of ' Phase 1 ' and constituting a very powerful base that we can now use as an attacking weapon. The purpose of the sweep was to...
EURGBP ranging in around a 100 pip range between 0.89 - 0.9. We can look to capitalise on this by longing to the high (I believe the break on 29th May was a fakeout) of the current range at the 0.9 psychological, with an excellent R:R of 1:5+ We have added confluence of price's rejection of the ascending trendline. 20 pip SL, potential 100+ pip reward!
Trade with >70% probability: sell short @ 1,1297 stop-loss 1,1317
MN-W1 price above ema-20/50/200. D1 price is above ema-200, price appears to be consolidating on as ema-20/50 are intertwining with consolidating falling wedge pattern. Price has bounced back several times from the high of 24-03-20, each time before reaching its price target a correction appears suggested by price trending above H4-ema-20/50. D1-MACD bearish...