USDJPY: First Entry dropped 400 pips, Focusing on ReentryDear Traders,
OANDA:USDJPY first entry dropped successfully 400 pips, now there is possibility of price filling up the liquidity and dropping from that region. Bullish price will likely to push the price up to our area of entry where price will fall strongly. Use accurate stop loss and take profit as described in our chart, if you have any doubt or finding it hard to understand something, please leave a comment.
good luck and trade safe as always
Smcconcepts
#XAUUSD:800+ Pips Possible Selling Opportunity, What you think? Gold touched 2195$ and then dropped, price have ranged between 2150 to 2170, in our latest bias; we observe a huge volume of sellers entering in the market. Which is why we think selling in the current market condition can give us an excellent opportunity for 'swing selling'.
Use accurate risk management which is demonstrated in the chart use the red lines for entry and exit and use the arrow for take profit. Total of 800 pips that we are targeting, however we advise to close the trade when you are satisfied with it. Good Luck and Trade Safe.
Please like and comment our ideas which will gives us encouragement to publish more educational chart analysis.
Today's gold targets? Please see the analysis📣Hello Mates!
We can observe the market running sideways without a clear trend. Therefore, we can hope that the market will buy from the $2148 or $2137 area, with our final target being $2172.
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 2175
- 2185
📉 And our support levels are set at:
- 2146
- 2136
Stay tuned for further updates and trade smartly! 📊
What is GBPUSD next target: 1.2660 or 1.29500?📣 Hello Mates!
Our prediction is that GBPUSD will sell from the 1.27750 or 1.28000 area. After that, our sell targets are 1.27000 and 1.26650
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our Resistance Levels are spotted at:
- 1.28000
- 1.28500
📉 And our Support Levels are set at:
- 1.27000
- 1.26600
Stay tuned for further updates and trade smartly! 📊
PreferForex Analysis on CADCHFAccording to market analysis, CADCHF is currently showing a bullish bias. It has broken the recent swing high, which suggests that there may be more bullish movement to come. At present, the price is retracing, This retracement is due to the need for liquidity and to mitigate the unmitigated point of interest (POI). However, we can expect a bullish continuation once the price touches the POI at the bottom.
AUDCAD: Big Buying Opportunity, Do not miss out! AUDCAD has shown extreme bullish price action, currently we are seeing some correction and price is likely to drop to our region and bounce straight up from that area of entry. Possible helping us gain 300-500 pips from the move. Use accurate stop loss and take profit.
BTCUSDT: First 80K and then 100K, Wait for the major correction!BINANCE:BTCUSDT first and second entry had activated and price moved exactly the way we had explained. Now we are expecting price to hit 80K and then do major correction and then bounce from our third entry and hit the area of 90K and 100K. Price may not make major correction and continue the bullish movement.
good luck and trade safe.
#AUDUSD: 500 pips buying opportunity with great Risk to Reward.AUDUSD, currently trading at the perfect area to take a swing buy entry, we already have two entries which are currently active. This can be a third entry, which is available to take right now with 100 pips stop loss and 700-800 pips as in take profit. Waiting for price to be extreme bullish in soon time.
Trade safe!
#EURNZD: Update 26/02/2024EURNZD as we explained in our first chart that AB=CD pattern is in process, that turn out to be true. Price rejected and bounce back from POINT 'D' now that price has rejected and breakthrough a consolidated region. We expect price to grow steadily with enough volume coming in New York session. Use the stop loss as described in the chart.
Good Luck and Happy Trading.
Check today's forecast for GBPUSD next moveHello Mates!
Over the past several weeks, we have observed GBPUSD continuing to move higher. The strong resistance for GBPUSD is at 1.28939. Apart from that, we have identified resistance levels at 1.28233 and 1.27980, from which the market may break.
We anticipate the market breaking either from 1.27980 or 1.28233, and subsequently descending with a target of 1.26983.
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 1.28939
- 1.28233
📉 And our support levels are set at:
- 1.27259
- 1.26983
Stay tuned for further updates and trade smartly! 📊
Check today's forecast for gold's next move📣Hello Mates!
Over the past several weeks, we have seen gold continue to move higher.
Gold's strong resistance is at $2195.
Apart from that, we have resistance levels at $2185, $2175, and $2165, from which the market can break. We believe the market will break from 2165, and then it will come down with a target of $2136.
So we can believe we can sell gold from our resistance
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 2175
- 2165
📉 And our support levels are set at:
- 2145
- 2135
Stay tuned for further updates and trade smartly! 📊
CADCHF: Possible Swing Buying Opportunity! Do not miss out? Dear Traders,
CADCHF, had changed character and turned bullish since last few weeks, however since last one week price have been consolidating due to no enough volume from either sides, that is why in our professional view wait for price to show strong bullish behaviour and once it has created higher high then we can enter buy on retest.
XAUUSD: Will price fall toward $2100 region? Dear Traders,
Gold has been extremely bullish since last couple of weeks, brough enormous amount of volume in the market. However, as price continued rallied, it is hard to say when it will stop rallying and start dropping. It is extremely hard to know the pin point of reversal areas. In our opinion, price has pushed more 4 times in similar pattern which illustrate soon price will reach a exhaustion point. 2205-2215 area remain key levels, if price decides to create strong wicks.
Good luck and trade safe!
#GBPUSD: Price is likely to remain bullish least up until 1.3100Dear Friends,
Unfortunately our last two ideas on GBPUSD and price did not drop as mention in our charts. Right now, what we think is price will likely to remain bullish at least up to 1.3100 area. Entry can be around 1.2781 with possible 100-150 pips stop loss and take profit to be at 1.3100 which would be 300 pips.
Good Luck and Trade Safe!
#EURNZD: First Major Drop and then Swing Buy?FX:EURNZD we have published numbers of chart analysis on eurnzd so far, and most of the time, the analysis has gone out in our favour. In our last chart analysis, we were hoping that price will fill the liquidity gap and then reject at the key level that we had identified, however, price mitigated early. We still think price will come to our key level and then bounce from there. We would recommend to wait for trend to become much clear.
Trade Safe and Good Luck.
If you like our work then please like and comment.
What is GOLD next target? $2125 or $2235?📣 Hello Mates!
We have observed gold hovering between $2190 and $2160 for the last one to two days.
The CPI news will determine whether the market goes up or down, but we believe that if gold does not break our resistance, the market will go down.
Remember that this chart is based on the H4 timeframe, representing a long-term target that will not be completed in one day; it may take more than one day.
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 2161
- 2120
📉 And our support levels are set at:
- 2195
- 2200
Stay tuned for further updates and trade smartly! 📊
US30 BEARISH IDEAWe had 2 successful prediction for this index previously.
Technical always remains bearish and could be to target more demand liquidity.
Price did reach all time high, so we could definitely be expecting a correction.
Weekly candle just broke previous low --> this could mean a long term bearish view.
And considering the fundamental facts, I believe price could target any supply zone before it keeps dropping.
This is just an idea and might be subject to change !
KEEP FOLLOWING FOR MORE UPDTADES!!
US30 SELL*THIS TRADE IS AN UPDATED VERSION OF THE PREVIOUS IDEA ON US30.
In the last post we had a very successful sniper entry. The setup however was not well predicted but our selling zones were respected !!
Technical is very strong for a bearish view ! --> triangle
Expecting a break of the triangle !
Target is the green circle !
Make sure to keep following for updates !!
#XAUUSD: Created Yearly High, $2200 is very much next Target! Gold reached a record high target yesterday, making a significant move. However, price is still bullish and far from dropping, in our view price can go beyond $2200 or more. March tends to remain bullish as we had explain in our previous ideas and we still suggest the same thing. Price of Gold will be unpredictable. We have possible two entries, if it matches your analysis or bias then do use the idea as learning purpose and manage your own risk.
Good Luck
USDJPY: Has bears taken over UJ?Dear Traders,
FX:USDJPY reached the maximum bullish exhaustion point, currently the consolidation phase is going on expecting huge volume coming on tomorrow. Sellers will likely to dominate in this month as corrections on all JPY pairs will begin in soon time. Meanwhile, We will be focusing on targeting the ‘target one’ and then we will update the chart idea to alert you all. Focus on keeping the stop loss around 100-120 pips max since it is swing entry stop loss will be greater and so the take profit; overall we are targeting 700 pips.
Good luck and trade safe!