Forex-currency
GBP/USD next possible move!Hi, price hit the long-term descending trend line recently and hidden divergence is visible in RSI... if the current ascending trend line breaks, I would open a short position and if the price goes above the descending trend line i would open a long position after retest... the first option is more possible to happen!
USE PROPER RISK MANAGEMENT!
NZD/USD might go up!Hi, price is moving inside a descending channel and it is getting close to the support zone, if we see a bounce from the support zone or the bottom of the channel we can open a long position. it would be safer to enter after the breakout and retest of the descending trend line.
USE PROPER MONEY MANAGEMENT!
GBPUSD❗Resistance arrea💲💪🏼The price has broken through the center of the channel and is in the resistance range. I think through a pullback to the center of the descending channel (to the buy zone) - the price will be able to break through the resistance level and, if it successfully fixes above it, it will go to the price level 1.365, this is the next resistance level.
Have a nice trade!
EURJPYWhat's up guys !
As price started making a downtrend and bears are taking control from the larger timeframe, I'm looking for buy setups on the smaller timeframe as price approaches a major daily support zone/area
On the 30M timeframe,A classic MDB divergence is formed and price seems to be hovering around this zone and I'm looking for a buy setup at the break of the last swing high and the 30M trend line in green
Set my alarms and getting ready to engage
What do you guys feel ?
AUDUSDWhat's up guys ?
I'm looking for sell setups as the BEARS seem to be in strong control of the market as price makes lower lows and lower highs,
Price seem to be hovering around the 0.73400 and 0.72900 H1 support area
Currently looking for a massive break of this zone by the bears with momentum candles and that will make a good sell entry on the retest
Price also respected the EMA50 and can also break the trend line cause it has been respecting it and seems to be getting weaker , only if this happen we will be looking for sell setups around the upper resistance weekly zone in purple
What do you guys feel ?
GBPJPYWhat's up guys !
This is what I am saying about alerts, I would have entered this trade earlier at the break of the first swing low which was followed up by the EMA cross
Also the MACD divergence falls into place
but it's all past and to prevent it set alerts on pairs in your watch list after analyzing the charts and seeing visible entry or setups
Price breaks the support zone and seems to find it hard to make higher highs as it respects the newly formed resistance zone , looking for a sell set up on the break of the last swing low (bear) and target a R:R of 1:2
What y'all feel ?
SELL NZDJPY (250PIPS)Price moving into supply/resistance and resistance trendline area, would be looking to sell the pair if I see significant rejection off this area followed by more bearish confirmations, alternate scenario would be a breakout of this channel and a retest back into resistance turned support area.