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Priceactionstrategy

EURCHF: Bearish Trend Continuation 🇪🇺🇨🇭 Hey traders, EURCHF is trading in a global bearish trend. Lower highs are perfectly respecting a falling trend line on a daily. Approaching that earlier this week, the price formed a double top formation. The pair broke and closed below its neckline then. I believe that the market will keep falling now. Goal - 0.957 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
4
GBPCHF: Great Shorting Opportunity Explained 🇬🇧🇨🇭 GBPCHF is coiling around a solid intraday structure resistance. The price was trading for some time within a horizontal range. Just a couple of minutes ago, the pair broke and closed below the support of the range. We see its retest now. I believe that the pair will drop. Goals: 1.13513 / 1.132 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
7
NZDJPY: Key Structure Ahead! Your Plan: 🇳🇿🇯🇵 NZDJPY is approaching an important zone of confluence on a daily. We see a perfect match between a horizontal structure resistance and 618 retracement of the last bearish impulse. To catch a bearish move from the underlined zone, watch a rising wedge pattern on 1H time frame. Your trigger to short will be its bearish breakout (at least an hourly candle close below its support). Then a bearish continuation will be expected to 84.2 level. Alternatively, a bullish breakout of the underlined area will push the market to higher structure levels. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
6
GBPUSD: What to Look at This Week 🇬🇧🇺🇸 Take a look, what I spotted on GBPUSD: the pair formed an inverted head and shoulders pattern on 12H time frame. 1.2035 - 1.209 is its neckline. If the price breaks and closes above that, I will expect a bullish move at least to 1.217 structure. However, remember that a global trend in bearish. Zooming in the same chart, we can spot a horizontal consolidation range. 1.189 - 1.194 is its support. If the price breaks and closes below that, a bearish move will be expected to 1.18 support. Wait for a breakout as your confirmation here. What do you expect? ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
7
GBPUSD: Important Update! 🇬🇧🇺🇸 So we have nicely predicted a bearish movement on GBPUSD yesterday. The price formed a head and shoulder pattern then. 1.189 - 1.1935 is its neckline. To catch a further decline, I would suggest waiting for its breakout (you need a 4H candle close below to confirm the violation). Then, a bearish continuation will be expected at least to 1.178 level. However, if the price breaks a head level and sets a new high, the setup will be invalid. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
3
GBPAUD: Important Decision Ahead 🇬🇧🇦🇺 Hey traders, GBPAUD is approaching a solid rising trend line on a daily time frame. Depending on the reaction of the price to that, I see 2 potential scenarios: If the price breaks and closes below that, I will expect a bearish continuation to 1.731 level. If bulls violate a resistance line of a tiny rising wedge pattern and close above that, I will expect a bullish movement at least to 1.765 I believe that probabilities are on a bullish side. However, let's see what will happen! What do you expect? ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
7
GBPJPY: Your Trading Plan For This Week 🇬🇧🇯🇵 GBPJPY reached a solid horizontal structure resistance last week. The pair started to consolidate within a narrow trading range then. To short wisely, I suggest waiting for a bearish breakout of its horizontal support. You need an hourly candle close below 163.58 - 163.67 area to confirm the breakout. Then, a bearish continuation will be expected at least to 162.1 level. Alternatively, if the price breaks the resistance of the range to the upside, a bullish continuation will be expected. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
3