Signal of the Day: In this trading strategy, we offer a compelling opportunity for long positions in the USD/JPY currency pair. By combining key technical indicators such as the exponential Moving Average (EMA) 200 for trend analysis, the moving average Convergence Divergence line (MACD) for trend analysis and the overtrend for entry signals, traders can achieve a...
Swing Sniper printed 30 million copies. After the signal was sent, the price subsequently retreated, forming a new 30-meter supply zone. Prices are currently being retested in this area. It should go down soon. The minimum TP value is 196.03. Tp2 = 194.02. Tp3 = 191.63.
UBS said in a note on May 13: "Historically, May has been a good month for the dollar. Our seasonal indicators show that demand for the dollar typically increases in the belated month of April and peaks in mid-May Mainly for the foreign exchange market overseas, it is also a signal that the market can also hold the dollar for a long time to obtain extremely high...
Within a week, you can trade from these price levels. Finding an entry point for trading depends on your trading style and how the situation develops. If you expect medium-term price movements, it's likely to start in one of these areas. The level was good for a week, and the next morning I adjusted the level based on the new data Prices are plotted based on...
- Candle closed bullish the previous day. If we are looking for a bid price, then we will continue to short until daily resistance levels are formed on July 1, 2004 and March 21, 2008 - If we are looking for a sell, we will trade before February 3, 2005 and trade at the daily resistance level on October 25, 2004. - Wait 1 hour for the candle to close above or...
EUR/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.6342 which is a pullback resistance. Stop loss is at 1.6405 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 1.6229 which is a pullback support. High Risk Investment...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2608, which is a pullback support close to 38.2% Fibo retracement Our take profit will be at 1.2667, a pullback resistance. The stop loss will be placed at 1.2534, which is an overlap support level close to 61.8% Fibo retracement High Risk Investment Warning ...
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3649 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.3707 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.0811, which is a pullback support that aligns with the 50% FIbo retracement. Our take profit will be at 1.0884, a multi-swing high resistance. The stop loss will be placed at 1.0753, which is a pullback support level close to 78.6% Fibo retracement High Risk...
Looking for a sell opportunity in UJ Reasons to sell: 1. If price breaks and retest uptrend line which I drawn in chart. 2. if price break and retest the support line.
In the 1-hour time frame, the classic pattern is completing. Be careful with your purchases. Now is not the right time to buy. The oscillator should reach the oversold point on the RSI indicator.
During the early Asian trading session on Friday, the GBP/USD pair experienced a modest rise, approaching the 1.2670 mark. Despite a slight pullback, the outlook remains bullish for buyers as the GBP/USD successfully breached the 1.265 resistance level, turning it into a new support. It is anticipated that the upward momentum will resume after a retest of the...
Eurgbp is bullish overall so we have to enter the trade for the continuation. Market has sweeped the liquidity and given a valid CHoCH so this is my Setup to go LONG on EURGBP.
Looking for a sell opportunity in UJ. Reason to sell: 1. if the candle breaks and retest the trendline, then go for sell. 2. forming 'M' Pattern in 5 minute chart. Use proper risk management. Thank you
On the daily chart, USDJPY stabilizes and rises, and the short-term bullish pattern dominates. At present, you can pay attention to the support near 155.4. If it rebounds and stabilizes, you can pay attention to buying opportunities. The upward target is around 158.60 (AB=CD mode)
AUDJPY short opportunity. Price is sitting at previous yearly highs, therefore breaking any higher will take significant effort. On the shorter time frame we can see price retesting the previous high and price broke down from a rising channel. A great chance for price to move back to the 100 or even 98 mark to the bottom of the daily channel.