Elephant Bar up take out the 2 red candles. Go long. Price is too far from SMA200 - might retrace.
I do believe the jpy will be getting a little strength so some short might come in at these two supply zones
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.46800 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.46800 support and resistance area. Trade safe, Joe.
Looking for the second touch here with maybe a liquidity take on the 15min
The earlier predicted sell just took TP, looking for buying opportunities on this pair, not much confirmation done, high chances of the chart breaking down to older support levels, but should do so once the retest to the upside has been fully done.
this is purpose to add more position so the i don't talk to much about the views just add more position because the price in to ob h1 and make a choch in m15 and we can see an bearish engulfing h1 with high volume has been broken. so make a buy limit order
Analysis: EUR/USD Close to Year’s Low after ECB Decision As predicted by analysts, the European Central Bank did not change the interest rate yesterday, keeping it at = 4.50%. This morning the EUR/USD rate is near the psychological level of 1.0700, which approximately corresponds to the 2024 low. The key driver of the euro's decline is the prospect that the ECB...
The USDJPY pair has been trading within a Channel Up pattern since the July 14 2023 Low on the 1D MA200 (orange trend-line). Currently it is about to exhaust the 2nd Bullish Leg of this Channel as it approaches its top (Higher Highs trend-line). It begun with a Low on the 1W MA50 (red trend-line) and then a Higher Low on the 1D MA200. With the 1D RSI overbought...
Just made a trade of around 87000 PKR into USDT. I bought a lot above market and have done this for an experiment lol. I think I will be selling it for a 3% loss. That's around a $9 loss.
Preferred direction: BUY Comment: The previous medium-term trading idea for the pound worked out very quickly against the backdrop of the publication of CPI data. By the end of the week, longs are already being considered more as part of a small upward corrective movement. The price is trading just above the 1.25000 level, which is significant support. We...
EUR/USD SELL 1.0686 Hello Traders 👋If you find this analysis useful, please support me with your likes and comments. SL 1.0782 TP1 1.0606 TP2 1.0511 If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
On the pound, there are no significant differences observed compared to the euro. There is also a clear short order flow, and positions can be considered based on reactions to FVG with targets for continuation in short direction
Potential long-term movement on EURAUD. Tight stop loss as counter trend
Price created a double top and appears to be creating lower highs and lower lows on smaller time frame so we can hopefully see this pair trend down.
Preferred direction: BUY Comment: The main currency pair is most likely now the most interesting to buy, since it has the most formed buy-setup. A significant part of the buyers have already been liquidated, and growth according to scenario №1 is now most likely. Scenario №2 is considered as plan B, where buy-positions are expected at the level of 1.06500...
We continue with the short order flow on the euro, and the context remains short as well. There are no significant signs of a reversal observed yet. For a change in sentiment on the primary timeframe, it is important for the price to establish itself above 1.0735. I don't expect any particularly clear movements for the day since the intraday target at PDL has been reached.
Hello Fellow Traders, As we wrap up the week, I want to reflect on the past two weeks, during which I've experienced consecutive losses. Such ups and downs are a natural part of trading, and they serve as valuable learning experiences. I remain committed to sharing my insights and outlook with you all. Currently, I have ongoing positions on GBPCHF, based on a...