EUR JPY has formed a break and retest pattern breaking a key support level and retesting it turning support into resistance. So we will be looking for selling opportunities to get our entry lets scale down to the lower timeframe to identify patterns and entry confirmations.
30 mins Supply Zone Lets wait for price to pull into the 30 mins supply zone, we will enter based off candlesticks confirmations.
CAD JPY has tapped into a daily resistance level that was previously a support level. we will be looking for selling opportunities to get our sell entry lets scale down to the lower timeframe to find pattern and confirmations.
GBP USD has tapped into a Daily Demand Level around price 1.27000, and the price is showing signs of weakness as DXY US Dollar Index tapped into a Daily supply level. So we will be looking for buying opportunity from the lower timeframe.
EUR JPY has broken through a major resistance level, which has now turned into a support level, forming break and retest pattern on the daily timeframe. We’ll be looking for buy entries from the retest level. to get our entry, let’s scale down to lower timeframes to identify chart patterns and candlestick confirmations. 📉🔄📈
OANDA:EURUSD Today's Trade EUR USD, SL: -20 pips Profit +22 pips
EUR USD Entry Setup 1 hour timeframe. The price has been bouncing from a trendline breaking a previous high and currently retesting it entry is taken on the retest level. Do you think EU will buy ?
EUR USD is currently sitting on a Daily Support level and the price is showing signs of bullish momentum by forming a bullish Engulfing candlestick, so we will be looking for buying opportunities. To get our buy entry lets scale down to the lower timeframe to identify patterns and entry confirmation.
DXY is currently sitting at a daily resistance level after a bullish run since last week. we anticipate a potential move to the downside as the index shows signs of weakening, by creating a Doji candlestick, which indicates market indecision. Remember: If the US Dollar Index turns bearish, EUR/USD and GBP/USD are likely to show bullish momentum. Let's take a...
Possible selling opportunity on GBP USD ??? Double Top at a Supply Zone Currently forming a Doji and Close below candlestick pattern, Let me know your thoughts in the comments
On the 2 hour timeframe, EURJPY has formed a bullish rectangle continuation pattern, followed by a strong breakout to the upside. To confirm our entry, we need to wait for the price to pull back to the retest level, where we'll look for candlestick confirmations before entering a buy position.⏰
On the 4-hour timeframe, EUR JPY is pulling back for a retest of the broken resistance level, which has now turned into a new support level. The pair continues to move in an uptrend, forming higher highs and higher lows while bouncing off a support trendline. We will be looking for buy opportunities as the price tests this key support level.
Now we wait for full confirmation from the level i marked out, if we don't get solid candlesticks confirmation from that level there will be no entry. Stay waiting and stay patient.
On the 4 hour timeframe GBP USD has formed a Double Bottom Pattern, followed by multiple doji candles with a strong bullish candle closing above it. This pattern was formed on the Daily support level.
GBP USD has formed a break and retest pattern on the daily timeframe. Previous resistance level turn into support level. So we will be looking for buying opportunities from the lower timeframe.
On the 1 hour timeframe CAD JPY has formed a Head and Shoulders reversal pattern. The price is currently at the right shoulder which is our entry level, we need to wait for candlesticks confirmation from this level before taking our sell. ⏰ Note: This pattern was formed in a Daily resistance level.
On the 1 hour timeframe, GBP USD has formed a Double Bottom at the Daily + 4 Hour support level. For a more conservative entry, we need to wait for a breakout of the neckline, followed by a retest. We’ll then look for candlestick confirmations at the retest level before entering a buy position.
GBP USD is moving in an uptrend making higher highs and higher lows, With this bullish momentum we will be looking for buying opportunities from the lower timeframes. To get our entry lets scale to the lower timeframe to identify chart patterns and entry confirmations.