📉 This week, I'm keeping a keen eye on a counter-trend trading opportunity for USDJPY. I'm patiently waiting for a potential shorting opportunity at the Key Resistance Level of 142.96. ⚠️ However, it's important to note that despite this shorting opportunity, my overall bias remains bullish on the US Dollar. This week appears to be a retracement week in the...
GBPUSD JULY MONTHLY STRUCTURE OHLC 🔻🔻🔻🔻 Please support this idea with LIKE, FOLLOW & SHARE if you find it useful. The monthly structure of GBPUSD for the month of July indicates a SELL SETUP based on the OHLC (Open, High, Low, Close) pattern. When considering this trade, there are three crucial factors to examine: Divergence, Market structure, and TDI Cross...
CME_MINI:NQU2023 - PR High: 15236.50 - PR Low: 15225.50 - NZ Spread: 24.5 Economic Events: 09:45 – Services PMI Strong supply run prev session. - strong inventory run through Asian hrs - retraced about 1/3 of prev range - 1st hr opened with small range - inventory already dropped to bear zone moon Evening Stats (As of 2:45 AM) - Weekend Gap: N/A - Session...
Execution after analysis should be pretty self explanatory after taking a quick glimpse at this chart. Our usual play here is coming into formation. If we have enough volume during this upcoming London Session OR Wednesday morning New York open. On a price action trading standpoint we should typically see a heavy movement after consolidation. Price may in fact...
Sticking to the basics of trading: The market stalled making a resistance zone for the buyers. Thus showing early selling pressure. The next area the market can possibly bounce from is at the 0.08500 mark. This mark would be a good area for buys continue the higher timeframe trend. For anyone going into the london session can use the 4H timeframe to see that...
AUDCAD is approaching a resistance zone of around 0.908. we will be looking for a sell confirmation within this zone. check out the chart for the setup.
If you are looking for the next shorting opportunity on EURUSD, you can engage the trade as early as 1.0761-1.0801 on the 4-hourly chart.
looking to get in during our London session open momentum, rejection zones at 1960.44. Looking to get in on momentum break from rejection a fee pips down. Entry looks to be safer at 1959.74, aiming for a 2 Dollar move to the downside. If rejection hold we wait for our upper channel to break resistance at 1974.69. We look to aim down entering at 1959.74 exiting at 1956.74
We're looking for a $2 move after the rejection price of gold has been breached at 1956.91. Resistance is holding up strong as price pivoted from that area at 05/19/23. There is a lot of news for the Euro today coming out that is driving the price down with the mixed volume of London session we see a possibility of price having enough volume/momentum to cause...
OANDA:EURUSD EUR/USD probes the boundaries of the 1.0910 barrier amid further downside correction in greenback and general improvement in sentiment around risk-related universe. Indeed, the pair picked up pace and further extended the rally from recent lows near 1.0855 despite sharp declines in US and German yields so far, while expectations of a temporary...
Celer token has broken its demand area downwards in the 1d time frame and has completed its pullback. The technical is ready to take the sell trade 🟥 make money ✌️
TVC:GOLD Gold prices remain low around $2,000 as it searches for fresh clues to extending its three-week downtrend, especially after posting its first weekly loss in three weeks. In doing so, the yellow metal portrays market anxiety amid concerns about the US debt ceiling, as well as banking concerns. However, the unclear calendar and mixed updates from the...
Gold prices remained pressured on Thursday for the second straight day despite a weaker US economy. The reason may be related to the market rushing into the US Dollar amid concerns about the expiration of the US debt ceiling and the collapse of the banking system. The news becomes even more important and negatively impacts risk appetite as the US Treasury has...
USD/JPY hovers around 134.780 early Friday as it struggles to defend the previous day's bounce from a one-week low. The recent escalation of market concerns around the expiration of the US debt ceiling and the collapse of the bank, seems to allow the US Dollar to prepare for its first weekly gain in three weeks while pushing US Treasury yields fell for the third...
I Have2 SENARIO For This Week For This Pair 2 Is Better That 1
Support and resistance on the 1H chart we have support at 6,777 and resistance at 7,303 Buy profit 7,35%, sell profit 6,79%
BTC is moving in price channel. MA50 was crossed under MA200. it is strong signal for sell has move down to 21457.00. after that, it can move through High and Low line of channel. I expect a bounce of price to 19529.00
GBP/USD approaching a strong resistance area and descending trendline resistance. I am also expecting a Risk off mood next week which will boost the Dollor. Big opportunity for a strong short opportunity. 1:5 Risk to reward Trade with caution and always remember to manage your risk. Patience Pays!