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Forexpower

GBPUSD, The Impending ShortWe’re coming up towards the end of the final push, push 3. Looking back at the H4 timeframe, there is a Shark Pattern near completion. The D point of this Shark Pattern aligns with the long term resistance as well as a psychological whole number 1.24. There are other methods that also support the theory that price may reach the 1.24. The ab=cd pattern suggests price can continue to rally on towards the 1.24. Mentioned previously today, there was a 15min Shark Pattern which later came back to do a type 2 reversal that gives a trader a second entry to ride towards the 1.24. We may see a completion of the price objective by Wednesday next, until then sit on your hands and wait for price to do it’s thing. Beaucoup Out.
by BeaucoupPips
EURAUD 150pips FULL BREADOWN 3mins!!!! EURAUD is currently looking weak and ready to drop. In this video i breakdown your ENRTY, SL and TARGET so i can help you make some money! P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
by TheHOODofCRYPTO
AUDUSD 150pips MOVE Unemployment ClaimsAUDUSD is currently BULLISH from all angles and also on D1 we are just looking to create a minor low around LB, PW.5 and PM.5 level. (Reason - EMA Cloud bullish, we fixed above BL on D1, PA is intact, BB starting to slope upward.) // #1 ENTRY (Risk Entry, Good Reward) // -: Enter LONG now or wait until at LB touch // #2 Entry (Confirmed Entry, Minimal Reward) // -: LONG on when we fix ABOVE BL // INVALIDATION // On #1 Entry, Set a 40pips SL from LB tap. On #2 Entry, when price rejects back ABOVE BL , the SUITE INDICATORS will print a SL zone on the chart for you, use it. TARGETS - We are looking at a break of the previous HIGH and also targeting 200EMA on D1 P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
by TheHOODofCRYPTO
AUDUSD 150pips - EASY ONE! Must READAUDUSD is currently correcting within a BULLISH TREND so we are looking at a continuation around the LB . (Reason -Structure, H4 & D1 Bullish , SUITE B, Ema Cloud) // #1 ENTRY (Risk Entry, Good Reward) // -: Wait for DXY for reach UB then we will be ready to attack this USD pair around the PREV LOW/ LB. Also, IF AU will do this, we need to add EURAUD to the list, AU goes UP, EA goes DOWN, happens 80% of the time. (A stone for TWO Birds... ) // #2 Entry (Confirmed Entry, Minimal Reward) // -: Wait for the SH (Stop Hunt) of the PL (Prev Low) and buy on the close back above BL (Baseline) // INVALIDATION // On #1, Entry 40-50pips SL from where price touches the H4 LB (Our exits are only only on candle close) On #2 Entry, when price rejects below the BL , the SUITE INDICATORS will print a SL zone on the chart for you, use it. TARGETS - For me, I am looking at H4 800EMA and Max target as you can see on D1 will be gunning for that D1 200EMA P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
by TheHOODofCRYPTO
GBPUSD 230pips - High Probability Setup// THE DIRECTION // GBPUSD direction is currently looking strong to the UPSIDE (Reason - PA, EMA Cloud, SUITE B, BL ) // #1 ENTRY // -: Enter on the test of the BL (Baseline) // #2 Entry // -: Enter around the YELLOW automated key zone (Little takeout off the BL) // INVALIDATION // Exit on #1 Entry will be a 40pips below BL for a 4R:R Exit on #2 Entry will be 40pips below the AUTOMATED KEY ZONE for a 5R:R P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
by TheHOODofCRYPTO
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OANDA:XAUUSDEducation
by Short-term-king
EURUSD, Weekly analysis, Feb 6 -10, 2023EURUSD bulls tried to go past the 1.10 price mark last week, but it faced strong resistance in the new high at 1.10 , then it closed the week at the price of 1.079 due to the strength gained by the US Dollar because of the FOMC and NFP new reports last week, and if you look at the picture, It was clearly a breakout trade of a rising wedge pattern in a weekly timeframe, This week, During the Initial phase, may the price go down towards the Year opening price of 1.068 and because of the News and data release, EURO USD has a chance to go high towards the supply zone of 1.085 price mark Strengthen Dollar move tries to accumulate strength because of News reports awaiting this week like the Fed chairman speech, FOMC member speech, and the University of Michigan's Consumer sentiment report
Short
by Akfx369
Sell EURGBP SW 060223 13.15📌📌Idea Share Sell EURGBP📌📌 Link : 📍📍Open order 0.89450 Sell lim 1 0.89700 Sell lim 2 0.89900 Sell lim 3 0.90100 Sell lim 4 0.90300 Sell lim 5 0.90500 Tp 0.88500 Sl 0.90750 Warning !!! (Swing trade must be use pending orders) !!!Pending orders should be set up lot size step by step Example (15,000$) Open order 0.1 lot Sell lim 1 0.15 lot Sell lim 2 0.20 lot Sell lim 3 0.25 lot Sell lim 4 0.30 lot Sell lim 5 0. 40 lot Sell lim 6 (last order) = 0.1+0.15+0.2+0.25+0.3 = 1.1 lot Example (3,000$) Open order 0.04 lot Sell lim 1 0.05 lot Sell lim 2 0.06 lot Sell lim 3 0.07 lot Sell lim 4 0.08 lot Sell lim 5 0.10 lot Sell lim 6 (last order) = 0.04+0.05+0.06+0.07+0.08 +0.1 = 0.4 lot !!When any pending orders are open and the profits are covered by loss it is up to your decision.!!
by Maximus_Provider
2
Forex Update 03.12.2021Hello everyone, as we all know the market action discounts everything. _________________________________Make sure to Like and Follow if you like the idea_________________________________ The dollar rose slightly on Friday, ahead of the release of the latest monthly U.S. jobs report, which might solidify a faster pace of tapering and, potentially, early interest rate hikes despite the omicron-induced uncertainties. The Dollar Index, which measures the value of the US dollar against a basket of six other currencies, climbed 0.2 % to 96.305, slightly higher for the week. That would be the sixth weekly gain in a row. The EUR/USD declined 0.1 % to 1.1284. Daily Support & Resistance points : support Resistance 1) 1.1279 1) 1.1334 2) 1.1260 2) 1.1368 3) 1.1225 3) 1.1388 The GBP/USD dipped 0.2 % to 1.3279. Daily Support & Resistance points : support Resistance 1) 1.3273 1) 1.3337 2) 1.3240 2) 1.3368 3) 1.3209 3) 1.3401 The USD/JPY increased 0.2 % to 113.34. Daily Support & Resistance points : support Resistance 1) 112.79 1) 113.43 2) 112.43 2) 113.71 3) 112.15 3) 114.07 The AUD/USD sank 0.4 % to 0.7066, just above its 13-month low of 0.7063. Daily Support & Resistance points : support Resistance 1) 0.7077 1) 0.7114 2) 0.7062 2) 0.7136 3) 0.7040 3) 0.7152 The dollar gained ground this week after Federal Reserve Chair Jerome Powell testified to Congress that inflation would remain high for longer than the central bank had predicted, and that Fed policymakers would consider a faster tapering of the central bank's bond-buying program at their December meeting. This hawkish tone was maintained on Thursday, with San Francisco Fed President Mary Daly stating it may be time to "start building a plan" to raise interest rates to battle inflation, and Richmond Fed President Thomas Barkin discussing "normalizing policy." Money markets are once again predicting that the central bank would raise its benchmark rate by 25 basis points at its June 2022 meeting, as they did before the first news about Omicron. The focus now shifts to the release of the monthly official jobs report in the United States for signs that the labor market is strengthening. The report's generally definitive signals, however, are likely to be muffled by the fact that it predates the advent of the new version. Nonfarm payrolls are predicted to have climbed by 560,000 in November, up from 531,000 in October, while the unemployment rate is expected to fall to 4.5 percent from 4.6 percent in October. However, both the ADP private payrolls on Wednesday and the initial unemployment claims on Thursday were greater than predicted, indicating that a positive surprise is a possible possibility. This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
CAPITALCOM:DXY
by GabiDahduh