GBP JPY TRADE SET UP. GBP JPY has broken out of a bullish rectangle pattern. waiting for a retest to enter for long position
USD WEEK | DXY 4H General outlook Technical Analysis Expected Move Confermation After the Breakout consolidation Still didn't breakout and tried to pull back to 4H Support level. USD will be down in the next few days. Already rejected with resistance. Confirmed with Middle side candles.
USDCHF formed a cup & handle formation on a daily. Its neckline was broken this week and we can expect a movement higher now. Next resistance - 0.88 ❤️Please, support my work with like, thank you!❤️
GBPNZD nicely respected a major horizontal resistance on a daily. After its test, the price formed a descending triangle formation, then we saw a breakout of 2 major supports. The pair will most likely keep falling. Goals: 2.0375 / 2.024 ❤️Please, support my work with like, thank you!❤️
4H Level explanation EURNZD has been trading in a bearish trend for the last days. Now, the price displays a bullish Engulfing pattern. Possible scenario The best way to use it for sell opportunity is to place a Sell order at 1.7630 target at 1.7530 The best way to use it for a Buy opportunity is to place a Buy order at 1.7507 target at 1.7547 The upcoming...
EURJPY Next Sell opportunity 158.00 - 158.52 Target will be +270 pips. get for as a 2 targets. Current situation Running with near the 4h resistance level. Pressure level is 158.50 and support level 153.85 If broke 4h resistance 158.50 enter for buy trade immediately.
Watching this three-touch resistance level in GBPJPY. Impulse candle breaking through it, want a rounded retest now. the reaction from the level seems good.
We recently saw price bounce off our 1.0840 major support level really nicely to reach the 1.0910 level which was our forecasted TP was at. Dive into all the reasons why we forecasted the bounce to draw insightful lessons! Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of...
valid 15 minute distribution along with bearish market structure coming from 4h and daily (SCHEMATICS) drop base drop. RR: 1:20 --->targeting daily demand (you can check your own charts for validity ) --> Institution candle seen on higher tf. -wyckoff schematics on lower and higher tf. Note: you can check the charts for your own interpretation .
GBPNZD is trading in a long-term bullish trend. We see a correctional movement on the pair now. The price is approaching an important pivot point. The bullish movement will initiate soon. I bought. Goal - 2.062 Stop - 2.048 Please, support this signal with like!
Good evening gold gang! Another great day on the charts as we got the sells right at NYSE open. Beauty. /im going to be brief with this one as we are back in the range now .. hugging that 1993 yet again. I feel there is going to be some kind of big announcement coming that will blast gold out of this range .. might get it tomorrow Buys and sells are set at the...
Good evening gold gang! Wow 2 days in a row no trades all day until 5pm gmt where we finally got volume. This is very strange but we adapt to all conditions and got the sells for 100 pips. We had a breaking news today about a potential bank collapse that shot gold and crypto up momentarily, only for it to come back down in to the range to that 1993 level that’s...
Good evening gold gang! I hope you are well. wow pretty boring day up until this evening on the gold chart! .. lets start off with last nights Asian session, buys were there and a few of you managed to grab the 50 pips before price reversed in London. Price then flip flopped up and down for the rest of the day up until around 18.00 gmt where we got volume and a...
Good evening gold gang! hope you are well and survived a very boring day on the gold chart. No news today causing price to range for most of the day trapping traders long and short. Not me though, my levels remained untouched so i stayed away. Thats experience for you hah So for tomorrows price, we have some news late in the day which could cause price to range...
Good evening gold gang!! hope you had a good weekend, relaxing .. popping bottles, whatever .. as long as you did some backtesting! ha Ok on to tomorrows outlook .. as the title says, im still kind of bullish on the higher time frame as daily candles are still rejecting the key area 1973 area. Price did close bearish last week below the daily death range i...
Good evening traders, Further to my previous analysis on EURJPY, I am happy to be looking for short term sells now we have violated the daily supply zone. This is a risky trade for me, the Euro is strong currently and I am still bullish on EU - this had led me to only risk half of my standard position size this time around. Targeting the imbalance on the 4h...
We are quite overextended here on EJ. However, I would love to see a final push into the supply area as marked on the chart before considering short oppurtunities. I am not dismissing potential shorts intraday, but for me personally, I am long until we see a return to this key area. Liquidity is king. Best wishes, Jake
Lovely move down into the hourly imbalance today on EU. This provided perfect conditions to enter longs on the 3 min chart, targeting the liquidity resting above the equal highs as shown on the chart. Messy charts are not always a bad thing! Assess the noise, take what you can from the market and exit at a logical area where we are likely to see a reversal in...