EURGBP for now Already HIT STRONG SUPPORT and STILL HOLD, We see at 2023, lower and HOLD around this Support, so we try to BUY it.
I'd engaged in a classic Support and resistance trade with 1 single target and observed candlestick movement on a key turning point. Shorted AUDCAD at 0.8845 and my Initial Stop-Loss is at 0.8864(-19pips)(~190usd/lot). Once the market hit 0.8829, I would shift stop to entry(SLE), attaining a risk-free trade. In between I do nothing!
Whenever you see Gold in a sideways pattern its always best to use this winning strategy. TrendCloud can be use specifically as a tool to trade any sideways pattern. If you want the full details and free mini course on how to trade gold then click the link in my profile for immediate access. Use this strategy this month and let me know how it worked for you.
GBPUSD is currently experiencing a sideways movement. If you are seeking a buying opportunity, pay attention to the bullish trendline on the 4-hourly chart. Ensure that the candlestick does not violate the trendline before considering a buying opportunity. What are your thoughts on this potential buying setup for GBPUSD?
EURUSD is exhibiting a sideways movement on the weekly chart. Here are two potential trade opportunities: 1. Buying Opportunity: - Wait for a retest of support at 1.0847 for a potential buying opportunity. 2. Shorting Opportunity: - Look for a shorting opportunity on the Bearish Shark Pattern at 1.0893. What's your preferred trade plan for EURUSD?
ETH has been trading on a smaller timeframe inside the sideways path, where it bounced from support to resistance and so on. We have displayed here more of multiple setups than one correct way of movement for this coin! As we are inside those zones, we are looking at that sideways movement, but upon breakout or breakdown (a clean one), the plan will change...
Just wanted to give you all a quick summary of where I stand regarding the recent Bitcoin price movement. In short, I believe that Bitcoin could possibly still tag 44k before the sellers come back again to take us back down to 37-39k. This is where I start to make my re-entries once again, DCA'ing it as we fall. Plus, we'll start by looking at the DXY and SPY and...
"Hello everyone! Let's take a look at the performance of the EUR/USD pair in the early trading session this Tuesday. Unfortunately, the pair struggled to gain any significant momentum and remained confined within a narrow trading range, just below the 1.0900 level. This movement appears to be influenced by the convergence of the EMA and nearby resistance...
Hello dear friends, are you wondering about the trend of EURUSD? Today EURUSD is trading around 1,088 and still continues the short -term gaining momentum on the 1H chart. However, when looking at the general trend, this pair of money is still sideway at a limited price below the resistance level of 1,090 and the support level of 1,084. The USD (DXY) index...
Hi Everyone! SEI Update today SEI Analyze ( SEIUSDT ), 1-hour time frame ⏰ SEI looking good to buy/ long in the support area, or you can buy now and if price down, you can DCA. Don't forget set up your trading plan, risk reward. invalid if price touch under 0,6000 *Follow For More! *DYOR
📉 Overview: CADCHF is shifting from a downtrend to sideways movement, signaling a potential bullish reversal. A sharp bullish divergence and a strong 97% bullish market sentiment enhance the likelihood of an upward move. 📊 Technical Analysis: Transition from downtrend to sideways, coupled with a bullish divergence, sets the stage for a potential bullish...
I have already published an analysis where I expect TSLA to go down in the coming few weeks. The stock is trading sideways and one can use that movement to skim more profits. I have used the typical support and resistance on the 4HR timeframe to develop 3 supports and 3 resistance levels. These can be traded both within the support and resistance levels or if...
Hello dear friends, After a long period of moving sideways, AUDUSD has finally regained upward momentum as the USD weakens and provides support for this currency pair. The 0.644 peak has been easily surpassed and could potentially become a strong support level, as indicated by the 4-hour chart analysis showing an upward trend supported by the reversal from the...
Hello dear friends, As per Karina's analysis in recent days, EURUSD is facing difficulties in finding opportunities for price increase and there hasn't been any indication that EURUSD will reverse its direction. This currency pair has been weakened by cautious risk sentiment while the US dollar remains steady ahead of the Fed's interest rate decision and important...
Hello dear friends! So after weeks of anticipation, USDJPY has finally reached the desired resistance level of 150.00. As mentioned in Karina's previous analysis, even though UJ has been trading sideways, it doesn't necessarily mean that this currency pair will decrease, and there are no signs indicating a reversal. The question is how long it will take for this...
Hello dear friends! Gold prices today continue to trade quietly with minimal fluctuations, as this precious metal remains sideways around the $1975 range, and there is still limited information regarding future trends. However, it is not because the upward momentum of gold has ceased, but rather the market needs to consolidate above the resistance level of $1985...
Hello traders! The Australian dollar (AUD) traded positively on Tuesday, extending its gains for the second consecutive day. The AUD/USD pair received a boost as the US dollar (USD) adjusted, possibly due to a decrease in the US Treasury bond yields. However, on the AUD analysis chart, there is still no sign of breaking out of the trend, and the price continues...
After subsequent negative news, we see again a important floor broken and a falling knife movement. There are two different patterns indicating a move towards 180 or into a side movement corridor between 168 and 196 which is again 15 to 30% downwards potential. It's an ABC pattern (not a perfect one) as well as the side range which includes a local double top....