We see an important dynamic process line that will expect support and reform if the area is preserved, otherwise we will see the increase in the process of failure. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
FX:EURUSD Better economic growth than expected (EU area) Energy crisis is politically postponed to winter 2024 Hawkish ECB stance: Not particularly aggressive, but certainly longer lasting than the Fed Fed slows pace of rate hikes signaled by FOMC dot plots Undervalued versus other currencies Extreme dollar long positioning
Target 50% retrace of recent top, Risk Reward 1:12, enter the trade after the double bottom is confirmed right after break of the $0.513.
Hi everyone, today I will be talking about a possible EURUSD long trade using Smart Money Concepts for the next week. Trade Idea 1) Key area of unmitigated demand as shown above 2) Price can potentially tap into the demand zone and continue its bullish momentum 3) Will be awaiting confirmations on the LTF like a break of structure (BOS) before...
💲AUD/USD Falling to support 💲Post is a direct continuation of my previous post: 💲The wave of weakness on the Australian Dollar has already begun. 💲Friday's session brought us a retest of the resistance zone after which we started a rally towards the south where I find a strong support zone. 💲I determined the support zone based on the 0.382 level of the entire...
💶💵EUR/USD Another wave of declines. 💶💵Post is a direct continuation of the previous post: 💶💵After a beautiful wave of declines, the American session brought increases. 💶💵They stopped at first line of resistance. Resulting from the cluster of the level 0.5 of the entire downward wave and 0.382 of the largest upward correction. 💶💵I determined the first support...
ood risk reward on this long position for USDCLP. setup on chart!. GOOD LUCK !
USDCHF - Intraday - We look to Sell at 0.9478 (stop at 0.9508) The bearish engulfing candle on the daily chart is negative for sentiment. We are trading at oversold extremes. There is no clear indication that the downward move is coming to an end. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.9480. Our profit targets will be...
I spotted an inverted head and shoulders pattern on USDCHF on 1H time frame. The price has broken and closed above its neckline. I suppose that the pair will bounce soon. Targets: 0.9486 / 0.9522 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
On the H4 chart, we have an overall bearish bias for AMZN with price underneath the Ichimoku cloud. We are looking to play a pullback long entry. Looking for a buy at 92.43, where the 61.8% Fibonacci line is. Stop loss will be at 85.88, where the previous low is. Take profit will be at 109.58, where the 38.2% Fibonacci line and -27.2% Fibonacci extension line...
On the 4-hour chart, the price has broken through the descending channel and is now above the ichimoku cloud, indicating a bullish bias. Price has reached my buy entry point at 1727.850, which is also the 61.8% Fibonacci line. Stop loss will be set at 1704.376, just above the 50% Fibonacci line. The take profit level will be 1765.050, which is the 78.6% Fibonacci...
The price is moving above the ichimoku cloud and ascending channel on the H4 chart, indicating a bullish market. Looking for a retracement buy entry at 0.62044, where the previous swing high was. Stop loss will be set at 0.60872, where the previous swing low and 23.6% Fibonacci line is is. Take profit will be at 0.63525, where the 88% Fibonacci line is...
On the H4 chart, the overall bias for ETHUSD is bearish . To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Looking for a retracement sell entry at 1291.84, where the 38.2% Fibonacci line is located. Stop loss will be set at 1400.48, slightly above where the 61.8% Fibonacci line is. Take profit will be at 1071.11, where...
As Predicted Yesterday, the GBP/USD is in a Bullish momentum where the price is growing. We are looking to continue its Rally with a LONG Setup.
Following our Previous Idea, the EUR/USD is still in Bullish momentum where the price made a Local Double bottom in an accumulation area and seems ready to have a new Bullish impulse.
EUR/USD is in a Bullish trend, in the last hours the price is making a retracement on the previous Support level to find the place to have a new Bullish impulse. The stochastic is in an oversold area and all our indicators show a Long setup. We are looking for a new Long Impulse.
USD/CAD in a bearish trend is making lower Highs ( LH ) and Lower lows ( LL ) following a dynamic trendline and rebound on this. Now the price may have another bearish impulse the Resistance area that is approaching. We are Looking for a Bearish impulse.
Details on chart - overall bias is still bearish, so playing trend is your friend to allow trades to have higher probability