Eleazarahmath

Eleazarahmath Updated 

GBP/JPY Trade Setup: Strategic Short Position Entry: Sell at 200.40 - Rationale: The price is at a major resistance level across all timeframes, indicating a strong potential for a reversal. Stop Loss: 200.92 - Rationale: Positioned just above the resistance level to protect against upside risk. Take Profit: 199.69 - Rationale: Targeting the previous support...

Eleazarahmath Updated 

Entry 1.0792 pivot support SL 1.0747 TP 1.0841 ( 50% Fibonacci level)

Eleazarahmath

Buy Entry: 1.3600 - Rationale: This level acts as a strong support on the 4-hour chart, which was previously resistance before being broken. Stop Loss: 1.3546 - Rationale: Positioned below the support level to limit potential downside risk. Take Profit: 1.3697 - Rationale: Targeting the next significant resistance level for profit-taking. Market Context -...

Eleazarahmath Updated 

If price reaches 0.9122 go bullish it is a 61.8 Fibonacci level. Profit and stop loss on chart.

Eleazarahmath Updated 

Currently, the AUD/USD pair is trading within a defined range. Observing the price action, we have key levels that could determine our next move. 1. Break Above 0.6610: - Should the price break above the 0.6610 level, we will need to wait for a retest around 0.6635 before considering a sell position. This level aligns with previous resistance and will give us...

Eleazarahmath Updated 

We are looking to buy at the 38.2% Fibonacci retracement level, which is at 1.37. Yesterday was a big profit day for us 70 pips profits, especially with multiple pairs including USD/CAD, which saw significant upward movement. - Current Trend: We remain bullish overall. - Correction A correction is coming before the bulls return This correction has plenty of...

Eleazarahmath Updated 

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...

Eleazarahmath

We are planning to enter a long position on AUD/USD at 0.66, which aligns with yesterday's lows and represents a strong support level. Technical Indicators: The medium-term bias remains bullish, but the hourly chart suggests further downside potential before the uptrend resumes. This provides an opportunity to enter at a more favorable risk/reward level. Key...

Eleazarahmath Updated 

We plan to enter a long position on AUD/USD at 0.665, aligning with the 50% Fibonacci retracement level and a previous high, which serves as a robust support zone. As the corrective sequence progresses, entering at this level offers an optimal risk/reward ratio. The bespoke support at 0.665 strengthens our conviction for this trade. Our immediate resistance...

Eleazarahmath

EUR/USD Buy Trade Analysis We are planning to enter a long position on EUR/USD at 1.08288, aligned with the 61.8% Fibonacci retracement level. The overarching trend remains bullish, indicating potential for a continued upward movement after the current corrective phase. we may see further downside before the uptrend resumes, presenting a strategic buying...

Eleazarahmath Updated 

Our last trades on this pair was a major success!! We are strategically positioning to buy AUD/USD at 0.666. The medium-term outlook remains bullish, bolstered by a consistent pattern of higher highs and higher lows. Anticipating a minor pullback, we aim to establish long positions at this level, optimizing the risk/reward profile. Our entry at 0.666 is...

Eleazarahmath Updated 

Lock in your entry for USD/JPY at 155.12, perfectly poised at the 61.8% Fibonacci retracement and just steps away from the 100-period EMA at 155.16. This convergence offers a strong technical base for a bullish reversal, in line with the ongoing bullish sentiment in the market. The precise entry point boosts the risk/reward ratio, making it an excellent...

Eleazarahmath Updated 

We're planning to enter a short position on USD/CAD at 1.3635 zone, aligning with the 50% Fibonacci retracement level. The trend of lower highs is prominent, with resistance near 1.3670. The short-term RSI is declining, indicating reduced bullish momentum. Confirmation of bearish momentum will be seen if the price breaks below 1.357 . Our target for this move is...

Eleazarahmath Updated 

We look to Sell at0. Planning to enter a short position on AUD/USD at 0.668, where the price action is showing signs of resistance and the market conditions indicate overbought levels. This strategic entry is aimed at capitalizing on the expected downward correction. The target for this trade is set at the 61.8% Fibonacci level at 0.6558, aligning with a key...

Eleazarahmath Updated 

We look to Buy at 0.6593 which is 61.8 Fibonacci level also the ema level Spotlighting a strategic long opportunity in AUD/USD at the 0.6593 mark, aligning precisely with the 61.8% Fibonacci retracement level and closely supported by the 100-period EMA. This confluence zone not only highlights a significant technical juncture but also reinforces our medium-term...

Eleazarahmath Updated 

We are setting a buy target at 1.362 for USD/CAD, identified as a key pivot support on the daily chart, where recent indecisive price action has led to sideways congestion. This level presents a strategic entry point, anticipating a potential reversal. The confirmation of bullish momentum will be signaled by a breakthrough above 1.365. Current trading levels...

Eleazarahmath Updated 

Current analysis of EUR/USD reveals a robust short opportunity as the pair encounters significant resistance near the 1.0780 level, corroborating previous structure highs. Anticipating a pullback, I have entered a short position. The strategy is anchored by a decisive take profit point at the 61.8% Fibonacci retracement level at 1.0749, which historically...

Eleazarahmath Updated 

Price is on a major resistance as you can see on the chart, RSI is also overbought. Stop loss and Take profits are on the chart. This will be affected by major economic news. Stay updated.