hello guys.in 4hr time frame a bearish candle closed under the last low and changed the trend direction/character (CHOCH). also we have choch in 1hr.and as you we have FVG area in 4hr. so in pullback we are waiting for confirmation to open sell position. R:R 1:70 “”your follows and boosts encourage me to publish more analysis””
Good morning to the London Session! Enclosed is my plan for the next few hours. If we see the pullback to the start of London, I think the marked mark is a considered entry. SL can be placed above the liquidity zone above us. Target is the EMA800 15m TF. Idea is invalid should we visit EMA800 first without seeing a pullback first. Have a nice weekend!
EURGBP on the 30-minute chart has ascended to the supply / resistance zone marked by the LuxAlgo indicator. It is far extended in the overvalued zone two standard deviations above the mean anchored VWAP. There is confluence in the volume profile which shows price far above the POC line and also above the top margin of the high-volume area of...
Hey guys, will start posting again, generally my two cents on EUR/USD it is not really looking good now, looks like we are going to go down and generally looking at the way everything is going S&P500 is also going down so, maybe a short trade here or just move your money away from EUR for now, but let's see.
On the long term we are looking on going short on EURNZD.
With most DXY pairs in retrace mode this week I am more comfortable trading usual pairs like EURAUD for now and we've got a perfect entry here at the support of the channel and the stochastics which have been pretty profitable recently are back in overbought area. Let me know what you think in the comments
Bearish trend with slight adjustments is observed Short Sell with rational stop loss would be advised Accumulation phase might be observed after some period
Sales range: 1.18549 Targets: 1.18232-1.17915- 1.17598 Stop loss The first goal: the profit to loss ratio is 1: 1 (1.18866) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 1.18549(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
sell range: 1.18181 Targets: 1.18061- 1.17941- 1.17821 Stop loss The first goal: the profit to loss ratio is 1: 1 (1.18301) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 1.18181(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
Nothing really changed from last week. Euro tried to close above 1M Trendline and got rejected for the 2nd time: This fact signals that Uptrend is getting weaker and weaker, so we should pay great attention to local Support/Resistance Zones: It is recommended to open SHORT/LONG positions ONLY from the local zones. Also, make sure that you've checked my...
Took profit today once already today and will do it again...adjusted bottom trend line and we have retested and held below again see you at 119.00. SL - 121.230 TP - 119.000 Good risk reward. CHF AND JPY are safe havens at times like these. Spain, Italy, France and Germany are having bad times with the virus unfortunately which will effect economy . Prays and...
Looking for price to make a right shoulder and turn around. See below: 50% retracement as well:
Nueva oportunidad para entrar en corto en el par EURAUD, como confirmación vemos una posible formación de HCH, con esto podemos entrar y obtener un risk/reward de 1:3 . Dejándonos muy buena ganancia, este es uno de mis pares favoritos y lo tengo siempre en observación perpetua. Para mas alertas y publicaciones de forex sigueme en mi INSTAGRAM: lauropireo.
I entered this trade last week and I'll remain in a swing until the this complete
if we see the price bounce off the trend line i will be looking to go short on this pair just gotta be patience and be discipline waiting calmly to make sure i dont enter the trade too early MAXIMUM PIPS
EURUSD has been going through an extended complex pullback pattern on higher TFs. It seems another bear leg to 1.1175, the FIB 61.80% retracement level, is becoming a probable scenario. Selling short to 1.1175-1.1250, covering and flipping long is the potential setup. As always, managing risk is the most important part. Fractional risk of 1.5-3% approach is the...