Forexmarket
SasanSeifi 💁♂️EURUSD👉4H 🔻▪️Hello everyone ✌ In the 4-hour time frame, as you can see, it is currently trading in the range of 1.079.
The scenario that we can consider in the time of 4 hours, due to the positive reaction to the price range of 1.076, the possibility of a slight positive fluctuation of the price can be considered, and then we can see further correction of the price.The corrective targets are 1.075 / 1.073 / 1.071 / 1.069.
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🔸The possible trends are also marked on the chart.
⚠️In case of a positive fluctuation, to better understand the movement process,WE have to see how the price will react to the resistance range of 1.083/1.089. Otherwise, if it penetrates above the price range of 1.089 and stabilizes, the possibility of fielding the desired scenario can be considered.
❎ (DYOR)...⚠⚜
What do you think about this analysis? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
MY AUDUSD BIAS IS SHORTMy Bias Is Still Bearish , 1H TF Supply Zone Has Been Tested And Got Rejected multiple Times.For Me Marked Up 3 Candles Means Much To Me,Got A Pullback In the Area Again And Got rejected Again On 15M TF!
I Dont Use Indicators But If You Trade DIVERGENCES Then You Can See A Clear Divergence On RSI ON 15M TF. Selling Volume Is Getting Stronger If You Look AT The VOLUME.Multiple Rejection Candles IN The Supply Zone Again!Marobozu Candle Has Been Established Inside The Supply Zone.Fair Value Gap Has Been created.My Short Set Up Is Getting Stronger.We Can ADD Retail Concept For Finding More Confluence.Two Retail Concept On Play And Working Great.Price Got Rejected On The Support Area.As Support Acts AS Resistance When Broken.I Am Not Really Good With Chart Patterns But Probably Head & Shoulder pattern Has Been Created Aswell.We Now Have Three Retail Confluence playing In Our Favor.15M TF Market Stracture Has been Broken ,Now I Am gonna LOOk For My ENtry.
Entry - 0.66609
SL- 0.66764
TP- 0.66292
USDCHF LONG IDEA - 300pips RALLY!USDCHF is currently pulling back and gearing up for the next IMPULSE leg of about 300pips. With DXY Breakout on Friday makes this trade setup a HIGH PROBABILITY SETUP.
ENTRY (Confirmed Entry, Good Reward) -: Go LONG on USDCHF when it get close or touch the BASELINE.
INVALIDATION
If price 'CLOSES' below the SL provided by the SUITE INDICATORS, exit all SHORT.
TARGETS
USDCHF target here is at 800ema on H4 or 200ema on D1
P.S I trade with literally zero complicated analysis and still maintain 90% HIT RATE on my LIVE TRADES and ideas.
CADJPY PLAN!Hello traders around the world!
My name is Alexandre Karim and today we will be talking about CADJPY.
CADJPY is forming an ascending channel on the higher timeframe and following multiple touches on the upper TL.
I will be focusing on the short on these 2 areas:
1) High of the middle section at (101.791)
2) Third touch on the upper TL at around (102.700 / 103.500)
In these two areas, I'll be focusing on taking a reversal pattern for a short position.
If the price breaks the lower TL around (100.300) area, I'll be waiting for a continuation pattern for more downside.
Patience is key.
Wait for quality set ups.
#THEPRIMES