Analysis strategy: Trading for 4 hours long offload + inside bar break Entry :197.740 Stop :194.950 trace to 195.600 p: 198.350 R:R = 1:1.14 The second item in FVG: @196.300
Eurusd is expected to consolidate until we reach the bullish marker area. You can also expect a smaller pullback, and then the bulls.
We give attention to the highlighted area any price action we sell or buy. And moves the stop loss to the entry after 50 pips and close half trade
Analysis Week - 20 May 2024 Daily - Range / Bullish Cloud (D) - Above Cloud Weekly - Range / Bullish Cloud (W) - Above Cloud Mid Term - Range 20 x 50 D SMA - Below 50 x 200 D SMA - Below 2024 Target Jan 2024 <1Y> - 1.12-1.14 Update 20 Apr 2024 <9M> - 1.08-1.09 ________________________________________________________________________ Trade Identification Area...
4H Time frame suggest upward trend with price at 4H Demand zone. RSI at oversold levels, for additional confluence.
here you can place an order to buy order to the bullish divergence and it seem to hit our target
Conditions: 1. Break and closure above current 30 mins high (169.227) 2. Price remains inside 169.291-169.064 range (fakeout to the bearish side would be a deal sweetener) ENTRY above 169.227 SL 168.975 TP 170.495 Warning: 1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. 2....
AUD was stronger in the previous week and it saw no divergence in the indicator so you place an order in the buy limit and it hits our target,
market is on a O.B if price tap meanthreshold point we can see price down to an O.B
Good morning Traders, My analysis for this week on EUR/USD is that we are currently forming a descending triangle pattern on all the higher timeframes from the monthly down to the 4 hourly with the key supply zone of 1.08921 to be reached as part of a break and retest move to the downside and heading to the key deman level of 1.06689 and if we break this...
Dear traders! On the 4-hour timeframe we noticed an interesting candlestick pattern setup. Price action was confirmed high above the 1.2645-1.2650 support level. It is expected that in the near future the uptrend will be more certain, the target is at least in the area of 1.2800 - 1.2850
Dear traders! On the price chart EURUSD broke the classic bearish wedge structure and reached 1.0867 below the key resistance zone at 1.0900. However, the very strong uptrend seems to be well supported by the 2 EMA 34.89 on almost every time frame and above the key breakout area at 1.0800 which the bulls are holding on to with the aim of strengthening....
Hi everyone, I get this question occasionally, so I figured I would share my opinion on the matter. There are many misconceptions about trading or being a professional trader. One of them is, the more monitors you have, the more successful or advanced you are as a trader. That is complete nonsense. In this video I explain what I think the best number of monitors...
I cannot be a seller currently, and have not been for awhile, but have been traveling as well and observed the movements from a distance. Now back, and judging GOLD which is overbought and still should recover back to low $ 2,100s I would expect our pair to reach 18.5750 again in the near future. It is hunting for lows, and this may remain until GOLD establishes...
As per the Image, we had a consolidation at the bottom left, and then three drives high to a top. This top aligned with our 3x fib extension of the consolidation. After hitting the top, we have closed below a green candle, potentially suggesting a top. I see a shorting opportunity for us to now go back down to the lows.