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As we can see the market making a double bottom pattern; if market breaks the resistance then we can place a trade in upward direction when market comes for a retest
Just entered a long trade here. Strong momentum and EMA support, break in downtrend. Expect we could see a move back up to 0.94-0.95, SL at 0.899 for a 10/1 RR
gbpjpy analysis review Now it is the beginning and formation of wave 2. It has a 100% chance of reversing wave 1. ============================ . Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the...
I am buying AUDJPY. Clear consolidation on the upward trend line. I expect we’ll see a drive up towards 93.0, or at least recent highs of 92.0
Looking OB to me. With the US debt ceiling conversations pushing markets yesterday, there is still a lot to do to get a deal agreed. I suspect markets are over pumped, and we’ll see a fall back into US open.
I’m short here. Struggling to break 149.0 and hold. I suspect we’ll see a fall back towards last weeks lows of 146.0 I AM SELLING EURJPY ENTRY: 148.95 TP: 146.0 SL: 149.4 (45bps)
Going long here. Stalled at .5 fib, and 200 EMA, comfortable Risk/ Reward on this trade. I expect GBP to recover well in the coming days and reach up towards 172.0 and 174.0 in extension.
Hey traders! Check out my latest analysis on EURUSD. I've been closely monitoring this market and I believe there's a great opportunity for a profitable trade. My analysis is based on a combination of technical and fundamental factors, and I'm confident that my insights will help you make informed decisions and maximize your profits. But I also want to hear your...
Looking down here. Pressing against resistance and an order block. Expect a press down to 0.87 in the short term.
As depicted in the chart, our setup exhibits a robust support and resistance level. We have executed the trade and are monitoring its performance closely.
The inverse head and shoulders pattern is a commonly used technical analysis tool in the forex market. It is a bullish reversal pattern that consists of three troughs, with the middle trough (the head) being lower than the other two (the shoulders). The pattern is completed when the price breaks above the neckline, which is a resistance level that connects the two...
The inverse head and shoulders pattern is a commonly used technical analysis tool in the forex market. It is a bullish reversal pattern that consists of three troughs, with the middle trough (the head) being lower than the other two (the shoulders). The pattern is completed when the price breaks above the neckline, which is a resistance level that connects the two...
As depicted in the chart, our setup exhibits a robust support and resistance level. We have executed the trade and are monitoring its performance closely.
As depicted in the chart, our setup exhibits a robust support and resistance level. We have executed the trade and are monitoring its performance closely.
As depicted in the chart, our setup exhibits a robust support and resistance level. We have executed the trade and are monitoring its performance closely.
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