Balance of buyers and sellers on the USDCAD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair. ❤️Please, support our work with like & comment!❤️
Looking at the chart of GBPJPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️Please, support our work with like & comment!❤️
There are several reasons why one might believe that GBP/USD will fall after reaching a supply zone: 1. Technical analysis: A supply zone is an area on a price chart where there is a concentration of sellers, leading to an imbalance between supply and demand. When the price reaches this zone, sellers may overcome buyers, leading to a potential reversal and...
EURJPY - Classic bearish setup - Our team expects fall SUGGESTED TRADE: Swing Trade Sell EURJPY Entry - 157.041 Stop - 158.049 Take - 155.317 Our Risk - 1% Start protection of your profits from higher levels. ❤️Please, support our work with like & comment!❤️
Looking for a run lower on EURUSD to attack sell side liquidity
On the EURAUD currency pair, we have a bearish setup today with the price retracing to the 61% Fibonacci level. This occurs within a fair value gap, confirmed by the M15 and H1 timeframes, and inside a supply zone with volumes in H1 pushing the price down. The target is located in the 1.6163 area. However, the trade carries a certain risk as important economic...
Gbpnzd supply trade Target is next key level to the downside.
1hour demand - grey zone is for entry if any rejection is noticed - entry can be taken on the 15min chart for higher risk to reward - if price closes in red zone setup will be invalidated
price might fall to demand zone below if it fails to close in red shaded area
Observations:: The Banknifty index is showing selling pressure in ths zone @43900 level... but failed to take the price below yesterday's supply zone @43700 levels. until price breaks this level and retest don't think of short again... False breakdown may also happens....don't go for short until price breaks 43600 level. It may again reverse... if we see the...
4hr timeframe long, looking at AUDUSD, marked previous break out failures & gains. Simple price action retests within a range, not a trade aiming to see new breakouts or new lows/highs. Simple local price action trade with 4:1 risk/reward. Ideal price action based trade, wishing to see it play out within the next few days.
as it seems market completly changed its way now we are in a bearish side
Bitcoin has achieved a significant milestone by breaking and closing above the downtrend trendline, indicating a highly positive price action. Following a minor pullback, we anticipate the price to continue its ascent toward the uptrend trendline. However, there's an intriguing aspect to consider: BTC has two potential targets, either reaching the 161.8%...
Nifty is trading in same range since Friday both movement is expected either give breakout or breakdown if give breakout from range then targets 18820,18872 but it must close and sustain above 18760 for this targets and if give a breakdown then targets 18558,18511 but it must close and sustain below 18746 Research and trade consult your financial advisor before...
Entry: when price clears 130.79 Volume: with daily volume greater than 98.9M Target: 165 area Stop: depending on your risk tolerance; 119.40 gets you 3/1 Risk/Reward. Resistance: 133 area, 141 area, 152 area, 157 area This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was...
price has been consolidatiing between 0.67288 which is my support zone and 0.68155 which is my resistance zone. a break and close above resistance should see price continue its tragectory upward
ETHUSDT is currently positioned below the significant resistance level of $2000, which holds psychological significance. Furthermore, there has been a clear and decisive breach of the ascending channel, indicating the potential for further downward movement. Given that the price has approached the breakout point of the channel and the 88.6% Fibonacci resistance...
The EURCHF downtrend remains firmly intact, with the support zone successfully transitioning into a robust resistance area. The price action consistently adheres to the downtrend trendline, and today we observe EURCHF retesting this trendline. This presents a compelling opportunity for sellers to enter the market and anticipate the next downward wave. In the...