Analysis: Bullish Confluences Recent change into a bullish trend (HH formed) Retest of a key level Falling wedge pattern 3K short position decrease for the NZD 4K short position increase for the CAD Bearish Confluences NZD is the 5th strongest major currency whereas the CAD is the 4th strongest major currency 9K long position increase for the CAD ...
By examining gold in the 4-hour time frame, we see that the price is still trading in the range of $1932! I have specified 2 scenarios on the chart, in both cases I expect gold to fall more, but due to the extreme fluctuations that will caused by the announcement of NFP changes, moves may be made to collect liquidity, so be careful! The ranges and important supply...
Analysis: Bearish Confluences Price has failed to push higher multiple times Price is forming lower lows We're retesting a strong area of resistance that's been tested multiple times before Downwards trendline touch Bearish pennant pattered forming Broadening descending channel forming 11k long position decrease for the EUR 2k short position decrease...
Analysis: Bearish Confluences Price failed to push higher showing signs of a reversal Retest of a key level Upwards channel formed (bearish chart pattern) Longer term over extended bullish push (retracement needed) 13k long position decrease for the GBP 2k short position decrease for the JPY Bullish Confluences GBP is the 2nd strongest major...
Hello hustlers.. This is trend change trade.. Use good trade management only thing important in Trading is how you manage your trade... FROM 1:4 RISK REWARD RATIO... Enjoy...
Hello traders ,what do you think about EURUSD? This pair has reached the resistance zone.Today, we have the US CPI data,It is expected to fluctuate in this area until the release of the data. if the CPI is higher than expected, a downward movement will occur, and if the CPI is lower than expected, an upward movement will occur. It is better to wait until the...
In the GBP/JPY currency pair, there are existing long orders in the designated green areas, which can be suitable for a long position if the downtrend line is broken. For entry, you definitely need a trigger, and you can be prepared to enter with the condition of the trend line break and the close above the minor pivot. The specified stop loss is determined...
Analysis: Bullish Confluences Very strong upwards trend Retest of a key support level Upwards trendline touch 6K long position decrease for the USD Bearish Confluences 1K short 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...
EURAUD looks like it's getting ready finally for a good sell off. Short now at current market price of 1.67379 your TP shall be set at 1.65295 for first TP and second TP set at 1.62493 your stop loss is set for 25 pips from your entry rate.
The price action signals the presence of an ascending channel, and there is a possibility of further downward movement after this bearish breakout, indicating an impending decline in prices. My goal is 105.900 I like to draw your attention to this Friday's trading session, which is expected to be characterized by significant market-moving events concerning the...
After taken liqudity of the buyside and change of character and break of structure we will see a drop of the price to taken liquidity of the sellside we consider FVG an entry point - Trading is probability control your risk management Good luck
USDJPY managed to form a Bearish Gartley Harmonic Pattern in the 🟡 Price Reversal Zone(PRZ) 🟡. A confirmation sign of point D of the Bearish Gartley Harmonic Pattern can be a Bearish Engulfing Candlestick Pattern . 💡Also, we can see Regular Divergence(RD-) between two consecutive peaks. 🔔I expect USDJPY will FALL to the 🟢 support...
As I expected in the previous post, DXY reached the resistance lines.✅👇 💡If you look closely at the chart, you will notice that DXY is moving in an Ascending Channel . 💡It seems that DXY failed to break the resistance lines. 💡Also, we can see Regular Divergence(RD-) between consecutive peaks. 🔔I expect the DXY will go DOWN at least to the lower...
Looking at this analysis, just like with the rest of my post. We trade using Technical Tools. Using and measuring Price action with influences from news. In this Analysis... I was very reserved sending this one out like a long time ago because price was way off chart for me but, in news. I looked back at this markup to find to my surprise the prediction coming...
EURAUD has reached significant support, which is the same as Fibonacci level 50-60, so I expect a bounce up to the descending trendline and if it breaks it could target higher resistance levels. If the support breaks, the nearest support level may be the target. Daily chart: Good trading! If you find it useful, like, follow, share!
Shorting GBPJPY as seen a main resistance has been hit and bounced off from on the Fibonacci retrace. First TP shall be placed at 175.980 second TP target is 170.979 SL shall be placed 25 pips as always from entry.
On the weekly timeframe, OANDA:GBPUSD has come back down to previous resistance turned support AND the line of an uptrend. What do we think? Personally, I am short. Last week's indecision candle was met with higher than normal volume followed by a continued selloff. A break below could mean big red soon.
Fundamental Overview Gold price is licking it wounds following a two-day downtrend, as the US Dollar has paused its recent upbeat momentum, despite a cautious market mood. Investors turn cautious amidst the revival of the hawkish Federal Reserve (Fed) expectations and fiscal worries in the United States, as they brace for the BoE interest rate decision and key US...