EUR/USD has a long bias based on a prevailing uptrend identified through fundamental analysis and trend analysis. Look for a robust support level and confirm bullish momentum. In terms of fundamentals, leading indicators favor Euro zone. Stay alert to global events affecting the EUR and USD. Implement risk management strategies by setting volatility based...
Based on the price movement of BankNifty, 15m Candle chart provides best Technical Analysis. This is Due to Seemingly common Large overnight Gaps.
Currently Price is falling back into Green TrapZone and Trap Bars forming. So No Trades Yet. Stay Long Biased
Let's break this trade down:
12AM NEW DAY.
Overall Bias Trend was UP on EURUSd the DXY WAS Down.
The mindset therefor is LONG for the day.
The algorithm that delivers price attacked sell side liquidity taking out all LONGS before it then 52 Faked out and continued the original trend long.
The key to this set up if you're early never over leverage.
You...
but we have a strong resistance at 1.3925 that hold price if it break this major level then we can expect GBPUsd to see 1.42.
so i waiting for breakout and retest then i looking for long setups.
Overall trend bias- Bullish
We have 3 possible scenarios where price can take us.
Looking for long options on the 1H TF depending on price action.
Scenario 1- break--> Retest--> Long entry
Scenario 2- Rejection off support level --> Long entry
Scenario 3- Break below support--> retest of resistance to lower support--> Long entry
What do you think?
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
***Possible*** EURCAD long depending on your rules for entry... waiting for the close of the daily candle and i'll be looking for long opportunities.
Equal Measured Move
Hammer candle forming
BCO took a hit
As long as price stays above my long trendline then am long Because currently we have CTL formation and break above that could take it to the sky or break to the downside will bring it down.
Here's an update of the previous chart I had thrown up. The wedge has been filling out and we did put in a new lower low but the SP appears to be basing in this area. There are a few positives on the chart and it does look prime for a move if a catalyst comes about. I don't think we see a confirmed bull break without news, this move is suspect with the lack of...
AUDJPY hit a major resistance area 81.45 - 81.92, and the fact that it closed above that area on the weekly timeframes gives me confirmation that the price will start to go up. Either to correctthe last leg down or spike even further to touch the red-dotten trendline you will have seen in my chart. There is also a clear uptrend channel that remained unbroken for...
We are already long on USDCAD on break above the Blue Trendline
Wait for price to breakout of the Cloud Cumulus Formation for true bullish confirmation
Future Stratus Cloud is bullish, and turned up to the upside
Trail Stop, if entry is triggered by the Kijun-Sen
Our max stop is below previous Fractal Low
Profit Target #1 is the price touch of the...
