DXY (Dollar Index) DXY - This is the dollar index against a basket of other major pairs. An analysis of this index before trading dollar pairs is highly recommended, as I know the general trend where $ is going, you can clarify the situation with other pairs. In general, as you can see the index is "nowhere". The past few weeks have been bearish for the dollar,...
Watching only at the moment, waiting for the break hopefully and then a higher low above the resistance, at which point we can take longs. If this scenario does not play out, no trade is taken. Trading Idea NOT Investment.
GBPJPY H1 - SHORT Anywhere within this range is a good place to SHORT. For traders who're on the LTF, look for sell opportunities to capture the move downside.
AUDCHF H1 - SHORT Look for a clean breakdown off the immediate support area. Afterwhich, look for a pullback to capture a move towards the next support level @0.71650 for better risk to reward. Stop loss above 0.71900
In this deal, be careful, wait until the price reaches the stop, then enter the deal. The PRZ area is valid and the price has reacted to the PRZ.
Take a look at the bayonet pattern created in the 1-hour time frame, as it will reach $ 40,000 if the price drops. Post your comments in the comments section. Thanks
Watch for price action signals at horizontal key levels. Wait for a pin bar candlestick or engulfing bar candlestick to form.
get them pips with me 100%
Hey traders, Please Support this Idea with LIKE if it is Useful.... GBPUSD Base on Trend Lines and Hidden Divergence (that happens on correction waves) we know that GBPUSD has started a new Down Trend and I think we should not think about Long Positions. But on the other hand, we know that the market will never allow us to analyze it as simply as we see it and...
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it seams price will try 36700 again and make a short time uptrend to 39000 Entry price (buy limit): 36700 Stop loss : 36350 Target : 38800 R/R : 1/6
AUDUSD trend support line started from 21 Dec, 2020. This trendline act as support on 4th and 8th Jan but fail to keep trend and break down at 10th Jan. Now this line become resistance line and giving us good risk reward trade near 0.7780. We will put stop loss just above the previous high @ 0.7802 and targeting previous support of 4th Jan Low @ 0.7645. Entry...