Price make higher high and higher low then price reject to go lower when the prime minister announce about Heli copter money to digital wallet for citizen in thailand 10,000 baht per head/ im not sure about the details. but its clear that this would led thai baht depreciate against usd in the mid term
Hey everyone! Hope you're having a blessed weekend! Wanted to come on here and make a post for a potential short opportunity I see here on USDTHB (THAI BAHT). So when taking a look at this chart on the higher TF (context) you can see that price has been rising for quite some time. Showing us that prices are due for a correction of some sort, even potentially a...
USD will continue to rise against BTH in the coming months. The expected growth of the dollar against the Thai baht over the next year will be about 20%. But a stronger movement is possible. On the chart, the timeframe is 15 weeks.
The price of usd/thb just complete the double bottom pattern. now its move in upward channel. target 38-39
A USD_THB trading idea using DOW theory. We see a minor downtrend that might turn into ascondary downtrend bearing profits for bears.
Asia will be shaken to the core once again, but that's good news for China, first, for CCP it is an opportunity to step in and replace dollar with yuan, making countries in Asian region to submit to the Yuan power, de-dollarization of Asia. The first crisis was triggered by the handover of HongKong to China, this time it will be takeover of Taiwan by China....
In this week's USD/THB analysis, we dive deep into the currency pair's movements and potential trading opportunities for the week starting September 4th, 2023 both on Daily and 15 Min Timeframe. Video tells previous week's price action, explore ongoing trends, and offer insights into what to expect in the coming days.
Starting a USD/THB buy trade, targeting 35.37. This one's set to unfold over 5-7 trading days. Keeping a close watch as it progresses. #ForexTrading #USDTHB
Dear traders, I am excited to share with you my latest trade setup for the USDTHB pair. After conducting a thorough analysis of the market, I believe there is a great opportunity to enter a long position for this pair. Firstly, the USDTHB has been in a strong uptrend for the past few months, with the price consistently making higher highs and higher lows. This...
Irrespective of any economic News coming from Feds or any political uncertainty from Thailand does not bother me too much. However I believe in chart patterns and ongoing price action on the pair. As far as USDTHB is concerned the price broke Resistance area at 34.60 on 3.Aug.23 and now has become a strong support. 2nd price is well above support trend line...
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
The daily chart and the 200 day MA are known to provide a really good trading opportunity – not always but frequently. When price has spent some time below or above the MA and it crosses over to the other side, you should be watching this. If price retests the MA and gets rejected, you may have an opportunity to catch a multi-day runner. In the USDTHB chart here,...
I typically do much longer time frame trades but i saw this and thought it was pretty defined and worth the Risk on the very clear inverse HnS, watch for the neckline break and retest if you are conservative to jump in
On the chart we can see a falling wedge pattern that is bullish reversal pattern. After the correction is finished we expect that the price will rise. Target is shown on the chart.
Hi usdthb short position entry:34.3 tp:33.47 RR:1:4