✅TS ❕ EURGBP: ascending structure✅✅ EUR GBP rebounded from the support level.
The chart continues to move in an uptrend.
The price will continue to rise. ✅
🚀 BUY scenario: long to the resistance area. 🚀
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Forex-currency
✅TS ❕ EURAUD: resistance area✅✅ EUR AUD reached the resistance area.
The price quickly reacted by decreasing to the resistance level.
The chart will begin to reverse. ✅
🚀 SELL scenario: short to 1.58. 🚀
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✅TS ❕ CADJPY: reached the resistance✅✅ CAD/JPY reached the resistance area twice.
The chart is forming a downward structure.
The price will start to decline.✅
🚀 SELL scenario: short to 99.39.
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✅TS ❕ EURNZD: hold the uptrend line✅✅ EUR NZD has held the trend line.
The asset continues to move in an upward structure.
The chart will continue to grow. ✅
🚀 BUY scenario: long to 1.737. 🚀
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✅TS ❕ USDJPY: broke up the resistance area✅✅ USD/JPY has broken through the resistance area.
The chart continues to move in an uptrend.
I believe that the price will continue to rise. ✅
🚀 BUY scenario: long to 137.4. 🚀
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✅TS ❕ GBPUSD: correction✅✅ GBP USD is now trading without a clear structure.
The chart has reached the support area .
The price will bounce from the support area. ✅
🚀 BUY scenario: long to 1.213. 🚀
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✅TS ❕ EURUSD: support area✅✅ EUR/USD rebounded from the support area.
The price is forming an ascending structure.
The chart will continue to rise. ✅
🚀 BUY scenario: long to 1.071. 🚀
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DXY is topping. Will drop below 100.000The DXY is getting rejected on the MA50 (1W), closing the week under it. It has closed all weeks of 2023 under it.
This is very much alike the Cycles of 2017 and 2020.
The upcoming Bullish Cross on MACD sealed the top on those Cycles.
Trading Plan:
1. Sell on the current market price and as long as the price is closing under the MA50 (1W).
Targets:
1. 98.000 (Fibonacci 1.236 extension, comparable to 2017 and 2020).
Tips:
1. The MA200 (1W) is moving towards 98.000. Last time DXY made contact with it was on February 7th 2022 and last time it closed under it was on November 1st 2021. This shows what a strong long term Support it is. If it gets hit and upon the first 1W candle it closes over it, then book profit right there.
Please like, follow and comment!!
✅TS ❕ GBPUSD: support area✅✅ GBP USD is now trading without a clear structure.
The chart has reached the support area.
I expect a bounce from the current area. ✅
🚀 BUY scenario: long to 1.213. 🚀
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✅TS ❕ USDCAD: uptrend✅✅ USD CAD corrected.
The chart retains the upward movement.
The price will continue to rise after holding support. ✅
🚀 BUY scenario: long to 1.360. 🚀
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✅TS ❕ GBPJPY: above the support area✅✅ GBP JPY retains its ascending structure.
The chart continues to move in an uptrend.
I expect that the price will continue to rise after overcoming resistance. ✅
🚀 BUY scenario: long to 166.76. 🚀
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AUD/CHF - I got a little slap on this one earlierOANDA:AUDCHF
Not sure why I took this one before my USD/JPY I posted earlier.
Entry was good, 3 times flirted around my hard TP 10pips around 8-9.5pips, but did not get filled.
Held on too long, stopped out, didn't get hurt though, all is good.
Cant win them all.
Trade management is keeping me alive and in this game.
Trade well
✅TS ❕ USDCHF: reached the resistance✅✅ USD/CHF has reached the resistance area.
The price could not fix above the upper border of the area.
I expect a reversal and a further decline in the price. ✅
🚀 SELL scenario: short to 0.9340. 🚀
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✅TS ❕ GBPAUD: in range✅✅ GBP AUD continues to maintain an upward structure.
The price has successfully rebounded from the support.
I expect continued growth. ✅
🚀 BUY scenario: long to the resistance area. 🚀
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✅TS ❕ EURJPY: fixed above the support area✅✅ EUR JPY is moving in an uptrend.
The chart is fixed above the resistance area.
I expect the price to rebound from the current levels. ✅
🚀 BUY scenario: long to 144.9. 🚀
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✅TS ❕ EURUSD: broke down the support area✅✅ EUR/USD did not react to the support area.
The chart continues to move in a downtrend.
The price will continue to fall when anchored under the support area. ✅
🚀 SELL scenario: short to 1.051. 🚀
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✅TS ❕ EURNZD: uptrend line✅✅ EUR NZD held the trend line.
The chart continues to move in an uptrend.
The price will continue to rise. ✅
🚀 BUY scenario: long to 1.719. 🚀
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✅TS ❕ GBPJPY: breakout✅✅ GBP JPY broke through the resistance area and gained a foothold above it, now it is a support area.
The graph retains an ascending structure.
The price will continue to rise. ✅
🚀 BUY scenario: long to 164.1. 🚀
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✅TS ❕ EURCAD: uptrend✅✅ EUR CAD has successfully bounced off the support area.
The chart continued to move in the uptrend.
I expect the price to continue to rise. ✅
🚀 BUY scenario: long to 1.445. 🚀
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✅TS ❕ EURGBP: tests the support area✅✅ EUR/GBP turned around from the resistance area.
The price continues to move in a downtrend.
I expect the decline to continue. ✅
🚀 SELL scenario: short to 0.8760. 🚀
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✅TS ❕ EURAUD: reached the resistance✅✅ EUR AUD has reached the resistance area.
At the last peak, the candles formed long upper shadows.
The price will continue to decline if it fixes below the support level. ✅
🚀 SELL scenario: short to 1.547. 🚀
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