EURUSDHello traders, welcome back. hope you are having a great moment.
here is my technical analysis on #eurusd.
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if you have a different idea kindly share it below, have a blessed week ahead.
thank you.
Forexeducation
XAUUSD - End of week!Very disappointing NFP!
So they targeted just below the 1785 KOG target level and then rejected. Ideally we would have wanted more of a stage show from NFP but instead traders got choppy up/down ranging movement. In any case, it gave the entry and is following the long scenario we have mentioned in the NFP Report.
We would suggest you protect any long trades you have from the lower support before market close this evening. We're hoping we can achieve that first target of 1797 before the market closes, if not, we'll look for it on market open. We'll stick with the plan for now and update it on our next post with the week ahead analysis.
See you on Sunday for the KOG Report.
As always, trade safe.
KOG
XAUUSD 4H - LevelsEnd of day update:
We saw a strong resistance at the 1830-35 region as we suggested in the KOG Report and managed to get a nice short into the 1815, 1810 and 1800 levels. We’re now removed a majority of the trade and set the stop to entry just in case we achieve our lower immediate target of 1785. We are now looking for a small push up with the first initial level being 1806-8 and above that 1812-14. . We want to see how the price reacts at this level and whether we face resistance. If we see resistance here we’re on for our target level of 1785 and below that 1777 which was a previous key level. We have illustrated what to look out for and the levels to trade between.
Please have look at the linked chart which shows the range and how the price has now come back into the box.
As always, trade safe.
KOG
possible shortThe trend is to the downside
previous support now turned resistance
after the pullback, i expect continuation to the downside
follow the trend until the end Hello traders... on the chart trend is clear to the downside.
price is making LL and LH.
level, previous support is now turned to resistance after the pullback I expect continuation to the downside
AUDJPYTREND is to the upside.
level, the price is making LL and LH, after the pullback I expect continuation to the downside
making new LL
EURAUDA bullish confirmation at the begining of the week can make this pair a good buy oportunity. We are currently rejecting at the support zone after hiting the trendline
EURUSDIf we keep the price down this resistance we will have a continuation of the bearish momentum and hit the trendline for 100 pips -+
GBPNZD Reversal to LongAfter and only after some bullish confirmation at the start of the week, we can expect a reversal of this pair for the bullish side.
We have a clean head and shoulders and a clean correction.
AUDUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
double top price failing to break the previous high.
The double top is another pattern you can add to your price action trading armory.
Like all patterns, you should practice the heck out of it and make sure you use the strategy that is in line with your trading personality. Don’t use the more aggressive approach if you are suited to wanting confirmation.
I recommend using the double top and double bottom patterns with your other trading strategies. Whilst it can be a great method to spot market reversals, it is just one pattern.
You can use many other strategies such as adding price action triggers, identifying the trend, watching the recent momentum, and using the overall price action story to help increase your odds of making winning trades.
Safe trading,
GBPAUDprice failing to break the previous high,
our previous support now turned resistance,
i expect the price to continue falling .
XAUUSD- Sell setup in playLooking for shorts on a intraday trade. Aiming for the hourly lows of 1770.
after retracementthe trend is to the downside,
previous support now turned resistance,
after the collection, I expect more to the downside
more to the upsidethe trend is to the upside.
previous resistance now turned our support,
after the pullback I expect more to the upside.
EURUSD Markup + commentaryWhatsup Traders
I'm breaking down how EURUSD price action performed today.
There were some really nice moves on the 1 minute chart - regardless of which way you decided to trade.
I am still testing some new things and working on reducing the time I spend at the screen trading. I will be talking about some time management in this video as well.
If you have any questions or concerns, please do not hesitate to reach out to me.
Cheers
Dilpreet
XAUUSD BUY Took a buy when the D candle flipped bullish. Closed the trade within a minute with 13 pip profit
break and retestthe trend is to the upside
price has broken our previous HIGHER.
After the pullback i expect continuation to the upside
after pullbackthe trend is to the downside,
the level of support now turned resistance.
after the pullback I expect continuation to the downside
after pullbacktrend is to the upside,
price has broken our previous resistance which is now turned support
after the pullback, I expect continuation to the upside
follow the trend until the end wait for the break and retest.
the trend is to the upside
if the price breaks our resistance level, after the pullback I expect more continuation to the upside
keep following the trend the trend is to the upside
level of resistance now turned support
i expect more continuation to the upside
trend is your friend The trend is to the downside, price is respecting the trendline.
if the price breaks our horizontal ray after the pullback I expect continuation to the downside
