Trader Mtz- — Trading Ideas & Charts

, 180Short

Mtz- Updated

The European Central Bank is poised to initiate interest rate reductions in June, potentially leading to a further weakening of the Euro in the coming weeks. In contrast, rate cut expectations in the US have significantly diminished since the end of last year. Financial markets now anticipate, at best, a maximum of two 25-basis point cuts in 2024. Some analysts...

USDCHF 4H ( Long Position )

USDCHF

, 240Long

Mtz-

USDCHF failed to break out of a swing low after showing divergence on the RSI, he also broke out of a descending trend line and it has the potential to continue moving higher, we will be waiting for a pullback and a confirmation in lower time-frame. ‼ This is not investment advice. Past performance is not an indication of future results. Your capital is at risk,...

EURJPY 2H

EURJPY

, 120Short

Mtz-

the EURJPY arrived at a Trend line and broke the Counter Trend line we also have a divergence and a Fibonacci level which leads us to conclude that the price will go down

xMoataz ! EURJPY 4H

EURJPY

, 240Short

Mtz-

We notice a divergence in the 4H frame and a Head and Shoulders in the 1D frame which leads us to enter a short position.

xMoataz ! EURCHF 4H

EURCHF

, 240Short

Mtz-

The EURCHF has formed a double top pattern and a regular bearish divergence which leads us to predict that it will go down.

xMoataz ! CHFJPY 4H

CHFJPY

, 240Short

Mtz-

The CHFJPY has reached a Supply Zone and has formed the Triple Top pattern which gives us the opportunity to enter a short position.

xMoataz ! AUDCAD 1D

AUDCAD

, 1DShort

Mtz-

The AUDCAD has formed a Head And Shoulders pattern, wait for a breakout of the Trendline to enter a short position.

xMoataz ! EURCAD 4H

EURCAD

, 240Short

Mtz-

The EUR CAD has formed the Head And Shoulders pattern and a regular bearish divergence means that the price will go down.

xMoataz ! CADJPY 4H

CADJPY

, 240Short

Mtz-

The CADJPY arrived at a Supply zone and formed the ABCD Pattern it also shows us a Regular Divergence which leads us to conclude that the price will go down.

xMoataz ! EURGBP 4H

EURGBP

, 240Short

Mtz-

The price has reached a strong Resistance and has formed a Double Top pattern and a Bearish Cypher pattern in 1D frames and shows us a Regular Bearish Divergence which offers us the opportunity to enter a short position.