This trade was analyzed using institutional trading concepts with the High and Low of the previous day!
With this pair currently at monthly support, there is a good opportunity to capitalize on the possibility of the pair rejecting this support. Also, the pair being at weekly support provides further confluence for the rejection of monthly support. If the market provides a daily close above daily resistance, then the re-test of that structure would present a good...
NYMEX:CL1! TVC:USOIL FX_IDC:USDWTI Hello traders, please support my idea with LIKE or COMMENT ! Thank you and good luck!
With the possibility of creating a lower low (or at least an equal low) on the weekly time frame; I would wait for a daily close below daily support and look for entry on retest of level
H&S formed on 4H. Pullback to resistance. Good RR trade to next Support
With the possibility of creating, at least, an equal high on the weekly time frame, this pair presents a good swing trade opportunity. On the daily time frame, the pair is on a re-test of an important structure level. If the pair rejects this support level, then there is a high probability of the pair rallying from support. Additionally, an inverted H&S is forming...
Good day traders! I hope you all have a great trading day ahead! Start off with NZDUSD! From Daily Timeframe perspective, price is obviously losing its bullish momentum and forming descending triangle (as shown in the chart). Therefore, a break of the support will expose the price to 0.633 (green). And a retest will occur at current support which may turn into...
Today I entered a huge huge 371pip short on CADCHF - with the reward risk ratio of 7.41. I'm looking for a break of the marked 4H structure and for it to retest and continue down to the desired target of 0.66215. I know a lot of people will say this is ambitious, and I agree - but I from an analysis that I'm following and have checked out. I feel that this is a...
Cable has recently broken through our ascending trend line, is below out 50EMA and has clipped the 38.2% on the fib retracement tool. This can be an excellent opportunity to short this pair! I would advise using 1% risk for this trade for a 100pip stop loss, and for your to assign your own take profit and not the one showcased. The short position tool is to...
Looking to have a nice long for 120 pips tp. Hit support and rejected so looks like a change in trend. PLEASE TRADE AT YOUR OWN RISK. THIS IS MY PREDICTION.
USDJPY at the bottom of the trend lines within the hourly trend lines - overall in an uptrend - 1:3 risk reward ratio looking for short term buy positions LIKE and FOLLOW to stay updated with my analysis
GBPJPY has been is in a consolidating area however does seem to be loosing strength. bears seem to be in power. looking for short positions till that target area PLEASE LIKE AND FOLLOW FOR MORE ANALYSIS >COMMENT TO REQUEST AN ANALYSIS
XAUUSD had a nice gain today however just start of the week. believe this to drop back down before reaching new highs LIKE and FOLLOW to stay updated with my analyis. TRADE SAFE THESE ARE JUST MY OPINION .
AUDJPY overall been in a strong uptrend however recent hour time frames are bearish potential setup looking to short audjpy LIKE and FOLLOW to stay updated with my analysis
on DAILY: EURAUD is sitting around strong support in purple 1.660 so we will be looking for objective buy setups on lower timeframes. on M30: price formed an objective symmetrical triangle in red and broke it upward. we also have divergence on MACD adding more confluence to our setup.
USDCHF failed to make higher highs and higher lows, bullish pressure exhaustion, bears are getting in. Multiple wicks rejection candlesticks on H4 timeframe.