Expected: 1.253 to be broken during London. Look for reversal for Buys. Anywhere between 1.253 and 1.25 ideally between 9:20 am and 9:45.am. Target 1.257 on the Long. Potential: London to make a High below the Fridays High between 9:30am - 9:40am Then Look for reversal and Target 1.253. If Last weeks high or low is tested. Look for reversals.
On the chart, the price has met its original daily support in the 164 zone The market remains supportive of shorting The trend remains bearish The general trend remains bullish I believe many traders reacted a little faster than usual, moving from short to buy Although we are in an area of interest, there is currently not enough information to buy The chart has...
Indicactors saying JPY Weak as can be heading straight down CCPV indicator. Short Bursts Aussey opening 1 min if NZD has brought so should they. 70ish and 100 p
usdchf is in monthly supply. we just touched daily supply nested in monthly supply. we just had daily confirmation. my entry area is at daily confirmation should the market retrace
This is an outlook of EURUSD for the coming week. Top-down analysis with the aim of identifying the trend, marking out POIs from the daily time frame all the way to 1H and anticipating what price is likely to do within the coming week.
GBPJPY is trading inside the symmetrical triangle . The price is reacting well the support and resistance of symmetrical triangle. Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could be 195.800 followed by 198 What you...
AUD/USD 4H - This is one of the only markets I have analysed this weekend that I feel will trade us higher with it having the USD as the quote currency, this obviously causes some discrepancies however the analysis I have completed suggests this move. I want to see price trade us back down now to set a higher low after giving us a break of structure on the 4H...
This Weekly FORECAST Opportunity for EURAUD. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
Simple break and retest on monthly timeframe look for buys
For over two years, OANDA:EURJPY has been experiencing an upward trend. The pair is ascending within a clearly defined rising channel. Despite a drop at the end of last year, triggered by JPY repatriation, the overall trend remained intact, and EURJPY resumed its upward trajectory at the beginning of this year. The end of April saw the pair reach a new...
As we dive into studying price action, we can't help but be intrigued by the interesting names given to various patterns. Names like "Two Rivers" and "Shooting Star" not only sound captivating but also accurately describe the patterns they represent. In this post, we'll introduce you to another powerful pattern known as the Dragon. This pattern, belonging to the...
The AUD/CHF appears to have formed a double top pattern, and the custom indicator suggests a Fibonacci retracement from this peak. This analysis is based on this indicator and is intended solely for experimental content. Based on this setup, I expect the price to reach the 0.58663 level, with a stop loss just above 0.60020. Let's see how it unfolds.
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.
A close below below my sell region is a confirmation to go short on a GU
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price started to decline inside falling channel, where it soon broke $1.0870 level. Price tried to back up, but failed and continued to decline to support line of falling channel. Then price bounced up to almost resistance level, thereby...
Pure price action based on support and resistance and trendlines
If the H1 candle for USDJPY closes bullish above 153.40, we will initiate a buy entry with a stop loss around 152. Our primary target is set at 157, but for a safer approach, we may consider exiting the trade at 154.50, aiming for a profit of 100-120 pips. If the price maintains its position above 154.50, we will hold onto the trade until it reaches the full...