Currently we are in a 4hr pull back from a HTF Demand zone so im happy to trade either direction as the pull back could also be part of the higher time frame leg up to continue the weekly trend and break the daily highs.
With this being said the other scenario is this will end up being a pull back to drop further to drop further into the swing lows, we also have...
EUDUSD Forecast. We are still trending long on the weekly / monthly. We are still within a daily buy range so we need to not have a bias as we can go lower and we can go higher. Within the HTF buy range we are bearish although we are reaching potential levels of Demand / we have some nice gapslip above to fill as well as liquidity for higher prices which will get...
Just posting an update on Trades taken based on yesterdays Forecast.
Actual entries are taken on a lower time frame,
The overall bias on the HTF is still short, so only targeting the top of each 15min range that the trade was taken based on.
Hy dear Members. Hope you all are enjoying our ideas and Analysis. Now we are here to discuss about GBPUSD. GBPUSD is exactly Moving According our Analysis.after breaking this main symmetrical triangle. It is on the way to Price level 1.39
Keep in touch we will update further soon.
". There is still a possibility of temporary retracement to the suggested resistance line (1.2162).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
. EURUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
Just sharing a potential scenario for the week ahead on EU.
As always my bias can and will change as we get more recent price action.
But for now using the information that we have this is how I am seeing the market.
The Daily trend is still down, so we are expecting a pull back to form a new Daily Lower High before continuing the down trend.
This bias means...
Morning traders start of a fresh week and we go again.
My first trade idea of the week is working our EURGBP H1 strategy.
Entry details are shown on the chart.
After a successful sell trade closed on Friday the script has now alerted for a buy trade.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full...
The price moved away from a strong level under the pressure of bears and enters a correction at the moment.
Notice how everyone was bred at the level of 1.21746.
Infected zone, tough place, a lot of news, a lot of level crossings on local timeframes.
In general, now the picture is more or less clear.
Finally, I can say more specifically that I am expecting a...
Hy dear Members. Hope you all are enjoying our ideas and Analysis. Now we are here to discuss about EURUSD. EURUSD is making a small Channel pattern here. And this is almost going to bounce back from this channel bottom. It can touch price level 1.21
Keep in tou you we will update further soon.
After a very long consolidation, GBPUSD is starting to give me confluences to believe it is going to start to sell off. I personally do not believe that there is much more buying pressure in the market at all and it is only a matter of time until we see a bearish push to at least 1.39.
It seems to me that EURJPY didn't capture significant liquidity from the first stop loss hunt. Price seems to be pushing up to tap the second zone of liquidity before it hopefully falls into our target area.