**Current Momentum and Market Sentiment:** The EUR/USD pair is currently experiencing a challenging period, struggling to maintain bullish momentum. Despite a significant rally in recent months, the pair has recently faced resistance and corrective movements. The European Central Bank's (ECB) actions, including recent interest rate hikes and upward revisions to...
Simple correction of GBPUSD 4h TF. -I noticed this trade starting from change of character and then BOS. Upon leaving that area, it create a market structure and small supply (can be seen in 15min/30min) After this I set a pending order. ( validity was the BOS structure - 15min) It then activated today march 14 2024. (wyckoff distro originates this move)....
Good day guys! another great trade ( pending sell limit activated last Wednesday) march 6 I started checking this pair because of USD CAD daily TF It is in area of distribution ( supply) ---> I manage to go down from 4H to 1H so I can see fluctuations and introducing new areas of supply in smaller timeframe. It took me 3 hrs to wait for proof and validity...
NAS100 Next Sell opportunity 16922 - 16974 Target will be 16624 Wait for confirmation.................... SL ( Set a uniform set of 15$ ) only for your reference and you can set it according to your free margin. Recommend stop 17016
Good day folks! Another great trade in this currency pair. Look at daily TF bullish since 1.21020, I often used hedging trade but i think i got this one. Last week was sell then this tuesday, buy trade activated. Always adjust your analysis depending on the actual behavior and do not stay married to your first bias :) . As i checked 4h-3h-2h-1h, there was an...
We are looking at a potential entry on daily seller bar high to be taken out for price to continue further upwards and go onto confirm the bottom on daily and then weekly according to our smart money framework indicator. BTCUSD(Long) E - 30035 SL - 28476 T - To be confirmed(TBC) We will be tracking this move and updating the post as we go along on the charts...
OANDA:EURUSD During down times, I always like to play around with the tools that I have. Experiment, mix and match around my anchor-indicators, and you never know what you can come up with. I think this set-up, has some nice re-entries. Now pair this up with a higher time frame. We just may have a winner.
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🔸️Ticker Symbol: EUR AUD Timeframe: 15M🔸️Investment Strategy: Short TECHNICAL ANALYSIS: EURAUD is on my watchlist. If we end up breaking support at this key level of 1.469 I do believe we can see a push lower in the market. Here are a couple factors that I like to look at. To start off we are trending in a sideways pattern on the 15m Timeframe. Typically, when we...
Hello Traders, Hope you all are doing good!! DXY looks like forming a H&S pattern. The index has already broken below the neck line but we need to wait for the weekly candle close confirmation below it. If break below, Bears can take it to 92.5 level **Today's FOMC meeting can be the main driver. Please follow me and like if you agree or this idea helps you...
AUDJPY retested Resistance zone and looking for a corrective drop. Indicators: Pair is currently overbought and at a strong Resistance level. Weekly RSI in a strong sell zone Up trend line has broken, retested, and bounced off the back indicating downwards movement. Entry: 1. Current price area 2. Wait for retracement on shorter time frame at 75.80 area TP at...
NZD/USD extends downside following NZ PM cited downside risks to the economy due to China's coronavirus. In Asia session the Kiwi moved back into an area of support for which bulls will be looking for a test of the supply commitments from the bears, with a target of the 0.65. Fibonacci Projection showing price action for managing profits & not for entries or reversals.
EUR/USD remains firmly in bear grip The EUR/USD pair came under strong selling pressure in the early trading hours of the American session and touched its lowest level since April of 2017 at 1.0786 before staging a rebound.
Affter reach the fibbonacci line and retested at the resistence level, we have now a candle pattern that indicate us "short".