Longbias
EURUSD Long BiasEUR/USD has a long bias based on a prevailing uptrend identified through fundamental analysis and trend analysis. Look for a robust support level and confirm bullish momentum. In terms of fundamentals, leading indicators favor Euro zone. Stay alert to global events affecting the EUR and USD. Implement risk management strategies by setting volatility based stop-loss, and the same for take-profit. Adjust position size to your risk tolerance. Keep a vigilant eye on market developments and be prepared to adapt your strategy in response to changing conditions or unexpected events.
FX:EURUSD
15m Timeframe works with BankNifty TrapZone ProBased on the price movement of BankNifty, 15m Candle chart provides best Technical Analysis. This is Due to Seemingly common Large overnight Gaps.
Currently Price is falling back into Green TrapZone and Trap Bars forming. So No Trades Yet. Stay Long Biased
The Break DownLet's break this trade down:
12AM NEW DAY.
Overall Bias Trend was UP on EURUSd the DXY WAS Down.
The mindset therefor is LONG for the day.
The algorithm that delivers price attacked sell side liquidity taking out all LONGS before it then 52 Faked out and continued the original trend long.
The key to this set up if you're early never over leverage.
You over leverage you can't stay in this set up.
3am Now The Bias is Set.
The DXY is breaking South.
EURUSD has at least 60 pips to Range once she breaks this morning zone which as of 3:02am it's BROKEN.
Now we ride this rocket to the extremes before the next set up presents itself. #TradingMadeSimple
AUDUSD Pre-London Open AnalysisOverall trend bias- Bullish
We have 3 possible scenarios where price can take us.
Looking for long options on the 1H TF depending on price action.
Scenario 1- break--> Retest--> Long entry
Scenario 2- Rejection off support level --> Long entry
Scenario 3- Break below support--> retest of resistance to lower support--> Long entry
What do you think?
USDJPY Price has stalled in our Bullish zone! This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
Nuran Wireless Possible Falling Wedge ReversalHere's an update of the previous chart I had thrown up. The wedge has been filling out and we did put in a new lower low but the SP appears to be basing in this area. There are a few positives on the chart and it does look prime for a move if a catalyst comes about. I don't think we see a confirmed bull break without news, this move is suspect with the lack of volume. Either way the chart looks constructive in comparison to the last one a put up and I still think this is a big year for Nuran. Long Biased
AUDJPY - Possible Long ScenarioAUDJPY hit a major resistance area 81.45 - 81.92, and the fact that it closed above that area on the weekly timeframes gives me confirmation that the price will start to go up. Either to correctthe last leg down or spike even further to touch the red-dotten trendline you will have seen in my chart. There is also a clear uptrend channel that remained unbroken for months now, consider it as well. My targets for this long bias are: 86.20 - 87.46 ( which are prices equivalent to fibbonacci retracement levels 61.8 & 78.6 of the last leg down).
Just an idea, not a signal. Compare it with yours and leave a comment, letting me know what you think.
Trade with care
USDCAD: Potential Cloud BreakoutWe are already long on USDCAD on break above the Blue Trendline
Wait for price to breakout of the Cloud Cumulus Formation for true bullish confirmation
Future Stratus Cloud is bullish, and turned up to the upside
Trail Stop, if entry is triggered by the Kijun-Sen
Our max stop is below previous Fractal Low
Profit Target #1 is the price touch of the GREEN Trendline
WAIT FOR CLOUD BREAKOUT (Cumulus Formation means strong possible resistence)