Weekly: 1. Direction: Bullish 2. Reasons: 1. Price disrespected the FVG 2. massive displacement to the upside 3. Price is moving from IRL to ERL 4. Price reacted of weekly FVG (2) Daily: 1. Direction: Bullish 2. Reasons: 1. Price is respecting the daily FVG 2. Good...
AUDCAD in bullish trend making a Rising wedge expected trend reversal at the breakout.
hello guys... do you think usd dollar will become weak? I think the price is on QML now and it will do some corrections! however, it is not a strong Quasimodo pattern due to the head location! so the price will start an upward movement until the MPL level! MPL level will make the price some (just a little) correction and then the price will go to 1.27$ level...
AUD/USD analysis: We are on an OTE A correction is underway A SOLID OrderBlock We're in the trend We're aiming for $ Liquidity
i personally think that the price should hit 1.05750-1.05000 before it goes up to 1.15000 so here is my idea: this massive upward movement is a wave C of a flat correction. this c takes form of a motive wave (impulse), it's a trap for e.w trader that will assume that this is the new trend upward
**Current Momentum and Market Sentiment:** The EUR/USD pair is currently experiencing a challenging period, struggling to maintain bullish momentum. Despite a significant rally in recent months, the pair has recently faced resistance and corrective movements. The European Central Bank's (ECB) actions, including recent interest rate hikes and upward revisions to...
📌GBP/USD entered a technical correction and closed Thursday down after gaining 0.75% on Wednesday. The pair continued to rebound on Friday and traded near the 1.2700 resistance level. 📌Atlanta Fed President Raphael Bostic acknowledged inflation progress in April but noted that the Fed has not yet begun to ease policy. In a similar tone, Cleveland Fed President...
Dear colleagues, I believe that the five-wave momentum is not yet complete. I expect a correction in wave “4” to the area of 1.08270, then the continuation of the upward movement to the area of 1.09501. Thus, the price will complete the wave “1” of the higher order. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
We look to Buy at 1.36. This setup is based on the strong support at 1.36 and confirmation through a break above 1.365, indicating bullish momentum. Risk/Reward would be poor to call a buy from current levels without further confirmation. The measured move target is 1.369, which aligns with the 38.2% Fibonacci retracement level, often acting as a resistance...
My opinion about this currency pair is clear in the picture
The EUR/USD pair continued its upward trend on the final Friday of the week, maintaining stability within the price wedge. The outlook remains bullish as the price channel holds firm, and the EMA 34 has begun to show signs of a reversal!
Hello traders, A swing idea here.. The setup is looked at from technical perspective mainly. We can see the impulse and correction pattern, as well as a nice weekly demand (which i refined to 3D to publish) I will not enter this trade immediately, i will wait for confirmation on lower time frame and go from there. Trade safe guys! Wishing you a great week ahead.
My EU analysis this week focuses on shorting opportunities. I will look for sells either from the 6-hour supply zone near the current price or, ideally, from the 11-hour supply zone if the price breaches the Asian high and continues upward. If the price opens lower, I will look for buying opportunities at the 4-hour or 3-hour demand zones. Once the price reaches...
Eurusd is going to the buyside . raid in 15 mins is taken out. Likely retrace to OTE to have an entry
✅GBP_AUD is trading in A downtrend and the pair Has formed a range pattern So IF we see a bearish breakout Then we will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The market has just reached the extreme overbought (OB) zone on the M15 chart. We’re observing a distinct continuation pattern of bearish structure on the M1 timeframe, which serves as confirmation for low timeframe traders (LFT). Based on this, we can consider a direct selling opportunity from the highlighted zone down to the significant low on the M15 chart.
Hello everyone, sharing again my trading ideas for this new start of the week, it will be to operate the USD CHF pair in short, recently this type of analysis has given me good results, I wish it to be favorable for everyone, greetings.