I'm seeing that previous resistance is now support... Looking for the Bulls to regain control. 70 pips to my second tp.
Fibonacci Retracement and Williams%R Indicator Analysis In this detailed blog post, we will explore the analysis of Fibonacci Retracement and the Williams%R indicator to better understand market trends and make informed trading decisions. Fibonacci Retracement Fibonacci Retracement is a technical analysis tool based on mathematical ratios and historical...
Hi, According to my analysis of EURUSD pair, there is a good opportunity to buy as the pair exits the pitchfork. We also notice that the price has returned to test the pitchfork tool. And the presence of strong support at the level of 1.05000. All of these factors confirm buying. good luck for everbody
we are waiting to visit 1.1080 as a next main station, while the continuation of the bullish wave depends on the price stability above 1.0860.The expected trading range for today is between 1.0950 support and 1.1090 resistance.
TP HIT 💯%. After three weeks VHT YOUR MENTOR SIGNING OUT
Here I have EUR/USD on the 30 Min Chart! We have 3 sets of Highs in the shape of what looks to be a Head and Shoulders on top of the Support or "Neckline"! Price has been traveling up so we may be getting a Reversal here now! **Chart Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!! -Pattern Prediction- If Price Breaks and Closes above...
The euro is showing limited movement on Wednesday. In the North American session, EUR/USD is trading at 1.0984, down 0.11%. Gerrmany's inflation rate dropped more than expected, coming in at 3.2% y/y in November. This was down considerably from 3.8% in October and below the market consensus of 3.5%. This was the lowest inflation rate since June 2021 and was...
Dear Ztrades, When a country, like the United States, is expected to undergo rate cuts by its central bank (the Federal Reserve), it often influences the value of its currency, the US Dollar (USD), in various ways. Rate cuts generally make borrowing cheaper, encouraging spending and investment. However, they can also reduce the returns on assets denominated in...
Hi traders, let´s have a look at EUR/USD. This pair has turned into a clear continuing uptrend forming higher highs and higher lows due to USD weakness. If price comes back to the latest support level there is a good entry for long positions. Stops right below market strucure and target towards trend line.
The EURUSD pair provided some bearish bias this morning but it returns to attempt to rise again, to keep the bullish trend scenario valid and active for today, supported by the EMA50, noting that we are waiting to visit 1.1080 as a next main station, while the continuation of the bullish wave depends on the price stability above 1.0860. The expected trading...
Hi Traders, Investors and Speculators of Charts📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫 For the biggest part, I prefer to trade reactive rather than predictive. Chart patterns really come in handy with this strategy. Here are my...
Looking to sell the EURUSD first if the price respects the IFVG, then looking to buy from the 4h FVG
what i coming is buys the market has completed the structure. a continuation structure. continuation for the implusive push to the upside on the higher time frame. i think the market would push futher but a swing till the tp is where i am planning to hold until. sells can happen but this is my view of the market currently use proper risk management lets do the most
A collection of opportunities for this week and next week
The price of gold (XAU/USD) struggles to capitalize on intraday gains, hovering around the $2,052 level and retracing from a peak touched last Wednesday, near seven months ago. Despite a modest rebound in the US dollar and a positive risk tone, the precious metal remains in positive territory for the fifth consecutive day. The Federal Reserve officials' recent...
we have the probable upward trend that we continue up
looking bullish trend in 4h timeframe but we enter after retracement