Basically, if we trade under this 40000 level, we would be breaking structure so I would like to see it hold under that level before selling. and on the other hand, if we reject his area, I am going to wait for a lower time frame break of this bearish structure and just ride the higher highs and higher lows!
#eurusd remains on the defensive below 1.0850 ahead of ECB Lagarde speech, US GDP data EURUSD weakens near 1.0835 in Wednesday early Asian session. ECB Guindos hinted at a possible interest rate cut in September. US S&P Global Manufacturing PMI dropped to 49.5 Services PMI improved to 56 in July. Euro Trends almost changes after the breakout of Ascending trend...
#eurgbp Pair is in descending channel for the last two months. EURGBP fails to break the channel either on both sides. Price has hit three to four times channel top and bottom and good reversal can be seen on chart. Again this time price is very close to the bottom vertical support of channel where chances are higher bull active again and push the price towards...
#eurcad Near the Horizontal resistance and price almost hit the two major vertical resistance of descending and ascending channel. Price has done a Good bullish impulse towards the top high within a channel. And near the mentioned zone chances are higher we may see a good reversal towards the bottom end of vertical channel. Price is moving channel within a...
We want a break and retest of the level so we can continue on this trade
We want a break and retest of the level so we can continue on this trade
Retest this structure level up to this point to then sell to the downside
I have a sell limit on Gold Sell Limit : 2428.38 Stop Loss : 2484.27 Take Profit : 2370.90 H4 is overall still bearish so I am still focused on shorts I have no reason to buy Gold currently unless trading conditions permit it and right now they don’t especially not for a intraday setup
#eurusd Price is moving within a contracting symmetrical triangle and in my last forecast on the lower vertical support was Bullish upto the vertical resistance. Price almost hit the vertical resistance and also facing a strong horizontal resistance in lower timeframe which may create some bearish opportunity in coming days. Price also following the wave structure...
Gold price retreats from all time high amid profit taking. Gold price struggles to capitalize on intraday move up to fresh all time high. The risk on environment prompts some profit-taking amid a slightly overbought RSI. September Fed rate cut bets keep the USD bulls on the defensive and lend support. Gold price hits an all-time high of 2483 on growing...
Looking for sells GBPJPY #setandforget don’t rush your entries
Looking for sells GBPJPY #setandforget don’t rush your entries
Price ha formed reversal pattern and approaches horizontal resistance price rejeccted 3 and 4 times from the mentioned resistance price is in wedge
Price still looking for a good horizontal support two important support zone near 2000 and 1974 good for buying if price follow the same structure we may see good bullish reversal within a channel still price before fomc giving bearish
Buy now gbpjpy bullish sunday breakdown counter trendline keeps us safe fibs swing low swing high
Price moves along the ascending channel and rising support works alot here. Due to a cluster of support still watching long. This setup will only be valid if price remains within the channel . If this channel breaks and candle closes below fibo level this setup will fail.
Scalper can close if satisfied set.BE to hold your position. +83pips caught
We are still trading under our 34550 key level still in bias sells any where under our minor structure level of 34100 or even 34000.