Get started

Qml

USDCAD might go down and rise up. (RTM and Fibonacci Tools)This Idea came from using The Demand Supply Zones and RTM *Reasons Below* Information in this trading Idea  - In Daily TF USDCAD from the Flag Pattern to the Up-side. - The recent supply zone can't push the price down because it's reaching its minor resistance and the price doesn't make the higher high position. - The information above is a sign of the Bull's weakness. Entering strategy - Prices might reach the lower demand to gain the strength to push the prices higher to continue the trend. - Using Demand as a Bias for Buy. (Continue the Bullish trend) *Wait for confirmation before entry* - If the prices break the structure to the upside and reach the POI. (Supply Zone + 88.6 Fibo) *Wait for confirmation before entry* . *Note: By looking at the previous price high, we can see that the price was reaching its break-even structure and didn't clearly make the higher high position. The supply zone might be the beginning of the downtrend. If it's breaking its recent low price in higher TF.
by SN_Trader
EURCHF Trade PlanIf you like my analysis please like and hit the follow button. I need your encouragement. EURCHF has has been on a decline since it formed a high at around 1.093 in mid-September. The price action however has seen a lot of slowness in the bearish trend as momentum has been diminishing of late. Over the past three weeks we have seen price ranging behavior. We have a break of a major swing to the upside preceded by what appears to be price sweeps of lows. We may be in a great trade if we see PA on LTF as indicated in the chart. We want to see clear intent of price breaking upwards with strong momentum and a slow retrace to the QM level for the buy setup to be valid.
Long
by theforexhighway
USDCAD Short trade plan✅ Potential short opportunity at the break below 1.29 major level. ❌ Short bias invalidated when price trading above 1.2970 _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together . Disclaimer the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for your support
Short
by LCFXpro