Hey Everyone, Please see our Monthly chart update, which is tracking well and playing out as analysed. Please also review the last update on this chart below, which gives a better understanding of the monthly chart setup and our plans. EMA5 detachment was fulfilled and provided the dynamic support we mentioned below for the push up. If we don't see a break...
My view on euro USD for the up coming week. You know what to do, I'm bullish on euro USD through this new week until my perspective changes when my targets and draw on liquidity is hit. Trade safe anon:)
I came across one of my GBP/CAD thoughts and and saw a pattern that was screaming at me. I don't think I saw the pattern on Oanda's charts because the data only goes back to 2003 on the Monthly Charts and on FXCM it goes back even further (1976). With his added data it is clear the price is showing an inverse head and shoulders, which adds to the probability of...
Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Trade safe use proper risk management always.
Gold Start to show sign of top formation near 1980 … Break under 1900 confirm the end of wave C and start down trend to target 1780 Close above 1985 cancel this idea
Gold trade near the end of extended wave 5 that target level 1950 to start new trend in downside that target for start level 1860 , Break above 1975 cancel this idea
Market is pushing upwards giving a bullish push. Seeking to get some rejection for another long position if price action warrants a continuation of bullish push for about 100-150pips from possible demand zone.
NZDCHF buy Entry : 0.58165 Stop : 0.57625 , Target1 : 0.58715 , Target2 : 0.59240 Risk/Reward Ratio : 2
Hello traders, we want to check the AUDNZD chart in the 1-hour time frame. After breaking the upward trend, the price is moving in a descending channel and has managed to break the key level of 1.08800, which the price has reacted to several times in the past. Then there was a pullback to the level. We expect this level to play the role of a support level for us...
Hello traders, we want to check the CHFJPY chart in the 4-hour time frame. The overall trend of the market is bearish and the market is moving in a downward channel. The price has reached the ceiling of the channel and could not break the ceiling of the channel and is moving in a range zone. If the price can break the small ascending channel and also the range...
looking for a nice 40 pip london move here on gbpusd information shared is for educational and demo purposes only
Hey Everyone, And we close off the week and month on a high!! Inline with our plans to buy dips we were able to trade this movement up level to level from the support structure. Yesterday we confirmed that a EMA5 cross and lock above 1841 will see further push up, which played out today, as analysed and still going up. The retest today at 1841 confirmed...
The U.S. Dollar Index is headed towards critical crossroads as the 105.650 January 06 High is the most important Resistance with relation to the long-term trend. If broken the medium-term bullish trend transitions to the long-term. The February Channel Up is supported by the 4H MA100 (green trend-line). If broken, we will take a sell targeting the 4H MA200 at...
-really strong rejection on 166.000 weekly level -3 pin formation on daily timeframe -4h orderflow bearish
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. If you're interested in the EURUSD Forex market, this update is for you. There's an interesting pattern playing out for possibly the...
The EURUSD pair seems to be inside a Head and Shoulders (H&S) pattern similar to that of mid-February. The big difference is that in February the Right shoulder rejection took place on the 4H MA50 (blue trend-line), while now the candle broke above it. It has already closed on 4H candle above the MA50 and the 2nd one is of high essence. One more closing above the...
GBPUSD look to induce the equal lows as liquidity and stop loss are below this price area; in which this perfectly sync with the IMBALANCE we have below this equal lows. I WILL OBSERVING PRICE ACTION ONCE I SEE AN INDUCEMENT OF EQUAL LOWS on 1HR Timeframe
GBPCAD is coiling on a key level. I see a horizontal trading range on 1H time frame. 1.6263 - 1.6274 is its neckline. Wait for its bullish breakout (hourly candle close above). It will be your confirmation to buy. Open long aggressively or on a retest then. Goals will be 1.6307 / 1.633 If the price sets a new lower low, the setup will become invalid. ...