With the overall trend being down on the Daily TF
There have been numerous test of this 0.64 level and there is a nice shooting star candle followed by an engulfing candle.
IF this current 4HR candle can finish like this then i will be taking a short trade along with other reasons for my entry
Any questions feel free to ask
For EURUSD I'm looking for selling opportunities as all timeframes show bearish signals. Looking for a reversal on daily supply zone and wait for a bearish candle to enter the market. Profit target can be set on fib level -0.278%. Let's see what happens at the end of the week.
XAUUSD shorts approaching entry.
On the chart we have marked up my prediction for Gold. Awaiting a retracement to the marked supply zone to continue the sell-off first towards 1490 then 1440 and beyond.
Trade safe & manage risk.
Like all the GBP pairs baring the NZD there are shorting opportunities on every pair.
waiting for monday
confirmation on the 4 hour TF and all my rules to be met then i will be opening a short position..
Welcome to everyone.
this is audnzd analysis.
price is just near to monthly supply. Though it is monthly consolidation but we can earn from both side trend and counter as well.
So hopefully we see a good drop.
AUDCAD has approached this weekly resistance level and shown rejection multiple times, looking like a simple and clear trade. Over 1:3 risk to reward ratio. Drop your telegram names in the comments to be added to our free channel.