GBPUSD providing a Good Buy SETUP 500+ pipsI think this pair will push to the upside, conversely to the target marked down on the chart. we have change of character and a violation of structure to the upside, market is still accumulating and building enough liquidity to commence with the next move and ultimately target liquidity above high of day swing level as I anticipate. Good luck!
Structureanalysis
GbpAud SwingGBPAUD has been showing bullish signs on 1D TF.
The pound has been showing some strength whiles AUD is still generally weak as shown by our economy value flow models.
Price has approached an interesting zone which is of critical interest to us.
A LTF reaction is giving us an indication to go expect this zone holding. To find out about this LTF reaction check my bio
We have a limit order set
NZDUSD Analysis Bullish Set Up Welcome back! Here's an analysis of this pair!
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** Bulls have taken charge and managed to break resistance at 6850 zone. Now that structure is broken, we expect a slight pullback into previous structure support, which would be ideal for a
long opportunity. First tp 6908 and second tp 6960. Recommended stop 6800 zone.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBP/USD Key Areas Ahead to Take Action.Take Action on these areas after confirmation with candle stick formation patterns . Use Shorter Time Frames like 15 Minute to take entries on retest of a breakout or rejection of any of these areas mentioned on the chart. Don't ever predict the market let it print the evidence for you to take a position. A retest on shorter time frame is always the best approach to take an entry long or short. So Stay Tuned for Further updates as they happen.
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BTC/USDT Perpetual Key Support Resistant Areas to Trade On.Just Trade the Price Action on these key areas with some money management . Don't predict the market rather follow Let the price tell you what it has to tell you. A Support or Resistance is only broken when it's BROKEN . and you will see that only after it actually happens. For taking the entries only use shorter time frames like min.15. After a breakout on shorter time frame you will often get a retest of the area to ENTER into a position Long or Short then aim for the next area as target. Its very simple but hard to follow. Just wait and watch you don't need to be in the market all the time.
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EURGBP Long Opportunity ComingWelcome back! Here's an analysis of this pair!
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** EURGBP is currently re-testing the weekly low from Feb 2020 which we could see a temporary bullish move from this support zone. I believe it will retest the structure support level below (8285) if the support at 8337 is broken. First tp target would be modest at 8380 zone. Do you agree? Where do you think EURGBP is headed?
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Brian & Kenya Horton, BK Forex Academy
CHFJPY Nice Setup for Monday open on Asian sessionA clear structure formation on CHFJPY for sells and a short term buys after we reach the area of 123.578 as we see liquidity resting right below it. Price Action on LTF will be a good indicator to take those buys but 4H and 1H directions are at the moment for sells as Daily will be approaching for 38% retracement level at 122.500 and also a structure retesting structure level.
CHFJPY , WAITING FOR SHORTING CHANCE ?we are clearly at a ranging market at the inter day trading time frame .What we will be looking for once the market has opened over , is the break of this particular structure and a CRYSTAL CLEAR retest , and we will be looking for a chance to enter the market on either directions (as the market does whatever it wants )
my personal bias is on the sells for the forth coming week as the higher time frame structure . we are looking at a reach that has hit the higher time frame structure -resistance - trendline