EURCAD thesis: a head and shoulder pattern has been formed, can we expect this pair to move lower? What is your thought on this pair?
GBPUSD - What I see. GU is currently at a BuOB (Bullish Orderblock). Saw a nice reaction today, respecting that OB. I would wait for tomorrow for the London Open. And wait for Judas Swing, before taking any Longs❗ Take note.✍🏽
After a 5-wave decline from 95.74 to 90.46, the pair is correcting in a 3-wave pattern. It is not clear whether the correction is over or one more upwards leg is on the cards, but I prefer to play this from the short side as long as we trade below 95.74. A break above this resistance will make us reconsider our count, otherwise we expect a large decline, through...
Hi everyone this is my trade set up for the EUR/USD for the new week ahead EUR/USD has changed to a bullish bias for me now, so i am expecting a pullback to the order block zone and will be looking for a buy trade look for pullback to zone lined off on chart then if it meets your criteria for a trade then execute This is my analysis only please trade with caution...
What do you think, What will be next in EURJPY....
EURCHF reached key daily structure support recently. On that, the price formed an inverted h&s pattern and broke and closed above a falling wedge pattern. Now further growth is expected. Goals: 1.08 / 1.085 ❤️Please, support this idea with like and comment!❤️
Hey traders, here is a brief technical outlook of 4 peculiar instruments in my watch list. 1️⃣ USDJPY - Monthly time frame 🇺🇸🇯🇵 What a crazy bullish rally on yen pairs. For many days USDJPY is unstoppable. Being heavily overbought, the price is approaching a key monthly structure now. 114.5 - 115.0 is a supply cluster on focus. Chances will be high to see at...
NZDCAD reached a key daily structure support yesterday. On 4H time frame, the price formed a double bottom formation and broke and closed above a falling trend line. I expect growth on the pair. Goals: 0.8785 0.8865 ❤️Please, support this idea with like and comment!❤️
Have you seen that bearish breakout on GBPNZD? The market was steadily growing within a rising parallel channel and just recently its support was broken to the downside. Now I expect a bearish move. Targets: 1.945 / 1.939 ❤️Please, support this idea with like and comment!❤️
New higher high on dollar index again. The price has successfully violated 73.2 previous high. The sentiment & directional bias remain bullish. Here are the key levels to watch for occasional pullbacks: Resistance 1 - 94.3 Resistance 2 - 94.75 Resistance 3 - Upper boundary of an expanding wedge Closest major support: Lower boundary pf an expanding wedge. ...
NZDCHF broke and closed above a falling wedge pattern on hourly. Retest of that gives us a very safe entry to buy the pair. Initial target - 0.6564 Stop - 0.649 ❤️Please, support this idea with like and comment!❤️
Top-down analysis on GBPUSD. Price action & key levels. Trading recommendations & thoughts. ❤️Please, support this idea with a like and comment!❤️
Hey traders, EURCHF is standing on a key level. 1.083 - 1.085 is our potential reversal zone. Our confirmation to short is a bearish breakout of 1.0827 - 1.0832 minor horizontal support. Its violation will match with a breakout of a rising wedge pattern. Then sell aggressively or on a retest. Goals: 1.079 1.075 In case if the price sets a new higher high...
GBPNZD is a quite overbought pair. With 2 MA's cross, it looks like the market is preparing for a bearish move. We already shorted. Our goal - 1.98 💝Please, like our analysis and support us with a comment!💝
EURJPY - Classic bullish continuation setup - Our team expects a bullish wave SUGGESTED TRADE: Swing Trade Buy USDCAD Entry Level - 125.9 Sl - 124.6 Tp - 127.8 Our Risk - 1% Start protection of your profits from lower levels Please, like this post!
Hey traders so I just saw a nice shooting star form on the Euro daily chart after trying to break above 50% retracement level. This is a sign of weakness and I think it is a good price to sell the Euro at the current market price. I will sell at the market and place my stop right above the high of the previous days shooting star candle. Then look to take profit or...
Hey Traders so as I just metioned on the US Dollar forming a 123 bottom formation we can now see that the Euro has formed a 123 top formation. This is a strong bearish signal that means the Euro could be about to make a 50% retracement. I will be shorting the Euro now that the daily charts have confirmed this pattern! The way you trade the 123 top formation is...
It good opportunity to buy GJ as it has create strong support. ALways do your own research before taking any trade.