If we look at it from a weekly perspective, it's time for USDCHF to rise! but it takes a long time
let's look deeper!
after I consider in terms of trend lines, rejections from large time frames, and look at the structure.
I would say that prices will go down first
I am currently entering in a short for AUDJPY at current market price of 94.514 and my take profits is at 93.331 for a swing trade term. Stop loss shall be placed 25 pips from your entry. I will continue to post updates and comments about this trade.
M Formation on a large scale has formed.
We had the price break below and then retest the pattern once again.
Thing is we haven't had the price break above the downtrend as of yet. This means, the bias does remain bearish but anything can change if the selling doesn't continue.
200>21>7 (bearish)
RSI<50 (Lower highs)
Target -0.8200
SMC
(Buy Side Liquidity...
GBPUSD has broken the support trendline and is breaking below structure. This is a hedge of our currently open buy trade, however later today the USD Gross Domestic Product will be release, which will potentially spur volatility. If price moves to the downside we are targeting the 61.8% extension at 1.36400.
Hello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity GBPUSD .
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it,...
Hello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity in NZDUSD ..
I still did my best and this is the most likely count for me at the moment ..
Support the idea with like and follow my profile TO SEE MORE
Traders, if you liked this idea or if you have your own opinion about...
Hello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity in GBPCAD ..
I still did my best and this is the most likely count for me at the moment ..
Support the idea with like and follow my profile TO SEE MORE
Traders, if you liked this idea or if you have your own opinion about...
We could expect EURCHF to pullback and reach our target on previous resistance level to correct imbalance levels.
Profit target 40 pips, risk reward 1:2
Stay tuned and feel free to follow for more ideas.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility...
AUDUSD could expect 30-50 pips fall next days. It just reached supply level at psychological level price in market imbalance with NZD.
Stay tuned and feel free to follow up for more ideas.
risk reward 1:2
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility...
