Hi Everyone , Hope you're fine Today's Analysis is with USDJPY The price when went into DAILY FVG and respected it , the price couldn't move above it or close inside it , Ofc , with that perspective we can see that in LTF the price is making MSS Also keep in mind that DXY is respecting the daily FVG , that supports our analysis to stay bearish in this pair...
GBPUSD is about to entered in strong resistance zone. Price is been on strong bullish run from last few days but now has entered into bears territory, will the bears get active active and send price back to 1.2500 region ?
- Based on fib levels - Fib Inverse extention as well as fib extention lines up
Candlestick Wick Meaning and Trading Strategies Understanding the subtle cues provided by candle wicks can unlock new dimensions in trading strategy development. These seemingly minor details offer profound insights into market sentiment and price action dynamics. This article delves into the meaning behind candle wicks and explores strategic ways to trade them,...
#USDJPY H1 Buy Setup BUY Only If H1 Bullish Closing Above 155.770 SL 154.75 TGT :156.56-157.11 its 1.3:1 RR.Other Everything Written On Chart .
FX:GBPUSD GBPUSD is far over from swing selling yet, our previous idea closed on breakeven, we now expect price to grow and grow big in soon time. However, we do not expect price to rise in days but in weeks or months we can see price to growing to newest higher high of the year. We ask all of you to maintain utmost risk management. **If you like our work...
Based on the m15 chart analysis, we can see that the price is rising toward our sell entry at 11.0878, which is an overlap resistance. Our take profit will be at 1.0855, a pullback support level. The stop loss will be placed at 1.0878, above the resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
GBPJPY Poised to rise further The price broke out of the second intervention zone when the BOJ intervened in the market almost three weeks ago. There is no reason for GBPJPY to move down at this moment as long as BOJ is doing nothing to support its currency. All the JPY trades are showing a win-win game which is getting insane. You may find more details in...
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...
Price has been bullish , making successive HH and HL, hoping to take a long position from any of the zone below, targetng the previous HH, This is just a financial advice not a signal, 1st zone is a flipzone and its in the premium, and ideally its wrong to take a long from premiums pricing ( tho it's in the discount of the recent range, but i like taking entries...
Once #GBPNZD breaks the falling wedge, we expect price to gain momentum and buyers step in. Note positive divergence as well giving us more confidence with this wedge break formation. Target liquidity at 2.1173. www.thetradingmentors.com Chris
SOYBN/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. WTICO/USD Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within...
Hello traders here is a setup of EURJPY as you can see the price has been in a bullish form for the past years and months for the EURJPY pair. The price has reached 170.000 for the first time since 2008 so I placed a resistance zone from that year to today, so now I will wait for the price to break this resistance zone and do a pullback then I will look for...
Price is dropping towards the Order block which had a strong departure and is just placed below the PWL. I'm expecting the bounce in there and then I will speculate on the move up to the PWH. In COT data we can see that although the price is dropping lower the market makers are adding the longs, so it can be position-building. Always follow these rules -...
Price is at a level last seen in July 2008. At that time as well, price had made several attempts to go higher and failed (thus printing multiple tops). Once again, we can see several tops. A decline of 55,400 points (about 33%) happened in 2008, I can only wonder what we will see on this occasion. I see a supply zone (yellow rectangle) and expect this pair to...
By examining the trend in the four-hour time frame, USDCAD has the resistance of the NECK LINE in the range of 1.3656-1.3643, and provided that no close candlestick of the four-hour time period is maintained and not recorded above it, the rate can reach the support of the bottom of the channel in the Fibo range. 161.8% decreased to $1.3515.