Analysis: Bullish Confluences Strong upwards trend Retest of a key support level Broadening ascending channel present Upwards trendline touch 3k long position decrease for the USD Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We...
I wanted to bring to your attention the recent developments in the currency market, specifically the significant weakening of the Euro against the US Dollar. As of today, the Euro has fallen to its weakest level this year, while the Dollar continues to strengthen without any signs of easing. The current situation raises concerns and prompts us to carefully...
*This post is slightly late as this move was so sudden, however this setup is still valid* Analysis: Bullish Confluences Strong upwards trend Massive wick rejection Retesting an area of significance In an ascending channel Upwards trendline touch The CAD is the 3rd weakest major currency whereas the JPY is the second weakest major currency 17K short...
AUDJPY BUY/LONG Entry: 96.068 Stop Loss: 95.565 (75 PIPS) Target: TP: 98.424 SWING TRADE Risk: 2-5% of Capital
Analysis: Bullish Confluences Recent upwards trend Longer term downwards trend broken Retesting an area of significance Fib retracement "golden zone" Bullish breakout of symmetrical triangle Upwards trendline present Previous downwards trendline retest 3K long position increase for the NZD 3K short position decrease for the NZD 1K short position...
✅NZDUSD managed to form an Ascending Broadening Wedge Pattern. 🐮Also, NZDUSD seems to have passed a Bull Trap . 🏃Currently, NZDUSD is moving in the 🔴 Resistance zone($0.6018-$0.5980) 🔴. 🔔I expect the NZDUSD to fall to the 🟢 Support zone($0.594-$0.5929) 🟢 and the lower line of the classic pattern due to the formation of the 💫Evening Star Candlestick Pattern💫...
Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance 61.8% fib retracement level In a descending channel Downwards trendline touch Recent USD news has been bullish The AUD is the second weakest major currency whereas the USD is the strongest major currency 11K long position decrease for the AUD 7K short position...
hello guys... CADCHF made a QM pattern in another QML... The blue area is great for getting a long position in the short-term time frame! _______________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Analysis: Bearish Confluences Recent downwards trend formed Longer term upwards trend broken Retesting an area of significance 61.8% fib retracement level Head and shoulder pattern forming 1K short position increase for the USD 17K short position decrease for the CAD Recent USD news has been bearish Bullish Confluences The USD is the strongest...
The price creates a good buy opportunity on GBPUSD, if the price reaches our bullish order block then with LTF confirmation we can buy. 🧨Please take into attention that we need LTF confirmation.🧨 💡Wait for the update! 🗓02/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
After analyzing the Audusd on the D1 timeframe, I noticed a trend-forming candle from two weeks ago. There was a trendy sideways movement with a distance of 300 pips, but a bearish candle managed to break through the support in the middle of the week. I also observed a candle Pin Bar in the resistance area, which leads me to believe that the Bearish Trend is still...
The GBPUSD price movement is similar to EURUSD. When the main trend is bearish, any bullish activity is part of the correction.
I noticed that prices rose at the end of the week, which could indicate a bullish trend. However, it's likely that the trend will remain limited to the trendline channel area next week. It's important to note that the overall trend is still bearish and there hasn't been any significant change. The bullish trend may only be a correction from the bearish trend.
Based on Dxy's recent movements over the past 2 weeks, there hasn't been a noticeable correction. Despite the fact that the price has reached Fibo Extensions 1, it's likely that there will still be an upward trend towards a price of 109,000.
Hello There! Welcome to my new analysis of EURCAD from the 4-hour timeframe perspective. Within recent times the forex currency pair already emerged with a massive bearish inclination that should not be underestimated especially as the momentum already reached an accelerated point. Now, a major consideration is whether this bearish dynamic holds on or is going...
GBPJPY has officially broken trend and looks like for the next two targets it shall hit TP. Please risk capital accordingly. GBPJPY SHORT/SELL Entry: 181.425 Stop Loss: 182.642 Targets: TP 1: 177.325 TP 2: 172.388 Risk: 2-5% of Capital MONSTER SWING TRADE
Analysis: Bearish Confluences Longer term downwards trend Retesting an area of significance The NZD is the weakest major currency whereas the CAD is the 3rd weakest major currency 7K long position decrease for the NZD 15K short position decrease for the CAD Recent CAD news has been bullish Bullish Confluences 1K short position decrease for the NZD ...
Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance In the fib retracement "golden zone" In a descending broadening channel Downwards trendline touch The USD is the 3rd strongest major currency whereas the NZD is the 4th strongest major currency 2K long position decrease for the NZD 2K long position increase for the...