Get started

Forexmarket

USOUL OUTLOOKThis week NFP release will be the center of attention for future interest rate release from the federal reserve. With price currently within indecision, we might as well be expecting a breakout or a rejection from supply at 81.87 due to newly weekly mitigation at 73.70 which buyers have shown momentum in the last seven days. If price fails to break 80.53- 81.87 range, I see selling opportunity back to major support at 77.43 where I will be anticipating for long if validated back to supply at 81.87 If 77.43 invalidates as support I see further decline towards 73.70- 73.18 range.
TVC:USOIL
by Hybe7e
NZDUSD Bullish Continuation MM P 100pip// WHICH PATTERN ON MMP GUIDE DO WE HAVE?// NZDUSD is currently showing a BULLISH CONTINUATION MM Pattern 5 in the MMP GUIDE. // HOW TO ENTER // Wait for NY to pullback close to the CP RISK ENTRY ;- LONG on a good rejection from CP CONFRIMED ENRTY;- LONG when we fix ABOVE BL (Baseline) // INVALIDATION // Use a 20-30pips STOP LOSS I will post money making trades like this everyday. Be sure to FOLLOW and LIKE so you don't miss anything. P.S I have a very unique system that involves ZERO BS analysis, all you do is LOOK & EXECUTE (takes less than 4mins to decide), this beats every system in terms of ACCURACY, PROFITABILITY and best part? High R:R. It's called HOOD SUITE SYSTEM.
by TheHOODofCRYPTO
EURAUD Bearish Continuation MM Pattern// WHAT MM PATTERN DO WE HAVE // - EURAUD is currently showing a BEARISH CONTINUATION PATTERN for Today's setup. // HOW TO ENTER // Wait for NY open and a stop hunt of the LN-Hi level and take a SHORT. RISK ENTRY - Enter during NY when price is STOP HUNTING the LN-Hi level CONFIRMED ENTRY - Price currently in a CONFIRMED ENTRY level (Below BL) wait for NY to ensure no sh leg. // INVALIDATION // Use a 20-30pips STOP LOSS I will post money making trades like this everyday. Be sure to FOLLOW and LIKE so you don't miss anything.
by TheHOODofCRYPTO
Short eurusdHello everyone I have shorted eurusd and added to my pos after the CPI data. I know the market is a bit in limbo and does not know what to do with the info because the report gave something for the bulls and bears but i think we are heading towards 1.05300 area. I have two trades that work here. This -> snipboard.io and another one taken all the way from the top that was opened on 2nd of February all the way from 1.010 area. See screenshot here ->https://snipboard.io/4oamvg.jpg .If you follow me these are the types of trades that we are taking. I am aiming for high quality trades that provide enough R's. If we are trending in one direction i usually add to my main pos and then cut making smaller profits. Stay safe and trade accordingly because these are very volatile markets with big swings on each side. Have a great day!
Short
by Inorogu
1
My current Plan for EUR/USD, GBP/CAD, EUR/HUFThis is my plan for the next few Quarters. My main focus is on the EUR/USD. If price is able to hit the 1.05 level, I will need to decide if I want to place a stop at 1.06 and ride price lower, or exit at 1.05 and move my focus over to the GBP/CAD and EUR/HUF. I might place a tighter stop and see if price is able to maintain the momentum lower on the EUR/USD. The GBP/CAD, I do want to get into a 50k position before price pushes lower. I think this pair is going to take a while to push lower, but it is only a matter of time. If I am able to get into a max position on the GBP/CAD and have a stop at 1.60, my conviction will be strong is holding onto the pair until the 1.50 level. The EUR/HUF, again, I like the positive rollover interest, so if price ranges, I am fine with price doing that. If price does push lower, I may add to my positions, but I am just thinking about it for now. The GBP/CAD has negative rollover, so the EUR/HUF and EUR/USD with there positive rollover is offsetting the negative rollover on the GBP/CAD. If I am correct on the GBP/CAD and EUR/HUF, Silver is becoming extremely enticing to get into next, especially if price pushes below the 20 level. I think Silver will be able to hit the $50 level, but that will likely happen in 2025 because space, robotics, AI, medical, electric vehicles, and so on will require a ton of Silver, which is a better conductor than copper.
by DollarSaenz
GBPJPY are we seeing a new breakout? Hi, traders and TradingView community. The GBPJPY is on our radar today after a solid session from buyers yesterday. Flash manufacturing and services PMI data came in better than expected and, combined with a mainly weaker yen, gave the GBP a nice boost. Buyers added 1.18% yesterday and broke above resistance, which has started to confirm a breakout of ascending triangle pattern. Breakouts from consolidation patterns can be seen as a good thing, as price has had plenty of time to build momentum. The next thing we are looking for is further upside that can test or break the downtrend and resistance point (black box). If reached, we would also like to see the old resistance level become support for future seller tests. 164.20 could become resistance; much further above, 168.90 is also seen as possible resistance. 160.50 is seen as short-term support on the current upswing, and we would like to see 162 – 161.80 become support if tested. If we see price move back into the previous consolidation pattern, this could be a worry. We would like to see new higher lows set up on or above the breakout point to continue to show that buyers hold momentum. Good trading.
Long
by Eightcap
2
USOIL OUTLOOKWith NFP being released this week Friday, WTI has yet again maintained a strong supply level at 81.87, this take us back to the monthly time frame where there’s been more buying pressure and shift of sellers momentum on the weekly time frame. If 79.50 holds as a solid resistance, we could see price fall towards 78.10-77.43 range where I would anticipate a buying opportunity if respected. With price closing below previous support at 79.50, if support is respected back above 79.50 level, I would anticipate buys towards 81.87-82.35 range.
TVC:USOILLong
by Hybe7e
1