USDJPY is trading within an ascending triangle formation on a daily. Taking into consideration that the market is trading in a bullish trend, probabilities will be high that we will see one more bullish wave. Your confirmation will be a bullish breakout of the horizontal resistance of a triangle - daily candle close above 150.15. A bullish movement will be...
It turned out that GBPUSD violated one more key daily structure support and closed below that. The next key structure that I see is 1.2010 - 1.2055 area. That will most likely be the next goal for the sellers. For shorting, consider the contracting area based on a falling trend line and a broken structure. ❤️Please, support my work with like, thank you!❤️
CADCHF formed a cup & handle pattern on a daily time frame. The neckline of the pattern was broken yesterday. It now turned into a strong support. The market may go much higher now. Next resistance - 0.66 ❤️Please, support my work with like, thank you!❤️
Keep this on your radar, any move above resistance can give a good move. Thank me later. Disclaimer: Not a buy or sell recommendation. We are SEBI Unregistered.
Keep this on your radar, any move above resistance can give a good move. Disclaimer: Not a buy or sell recommendation. We are SEBI Unregistered.
Hello,Traders! GOLD is falling sharply in the downtrend And there is still some way to go However, a strong daily horizontal support is ahead And after the retest I will be expecting a bullish correction Because Gold is oversold already Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
SOL is almost ready for a major reversal. We are seeing the penultimate leg before the final drop. Once that's done, it would be in the perfect place to buy. Right now, we can enter short term buys back up to around the 56 level. Short Term Trade Idea: LONG - Buy with stops below the recent lows - Target 56 Short Term Trade Idea: SHORT - Once we're at the 56...
Expecting a bullish retracement on GBPAUD to 1.89877. On the daily, the market is also respecting a bullish order. On the weekly, price has broken our trendline after three touches but the breaking candlestick didnt closed as an inside bar, no clear rejection from the upside. A close below the low of the candlestick should give a clearer bearish momentum.
1790-1797 could provide good opportunity to buy on dips given a few setup including: structure retest, MA(200) on 4-hour chart at 1795, a channel forming on 4-hour time frame, and a possible hidden bullish divergence. However, our swing model indicates bullish swing may come to an end if gold breaks support at 1790. Above 1790, gold still has hope to go to 1853.
GBPUSD - Follow the levels for upcoming week, based on trend lines and price action it is expected to go down. My approach will be a sell below 1.36100 Maintain stop loss around 1.36900 Potential downside target 1.34600 Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? Managed by top...
GOLD - Follow the levels for upcoming week, based on trend lines and price action it is expected to go down. My approach will be a Sell in the range 1852-1856 Maintain stop loss around 1868 Potential downside target 1820-1825 Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? Managed by...
Price found structure between the 88.6% and 78.6% levels. If price can break 78.6% and create a new found support I expect price to continue long.
USDMXN pulled back with @20.84508 which we could consider this level as a critical zone , for now my expectation for that pair is rising @21.85864
USDJPY - Based on the daily candles and price action it seems to be in a very narrow range and momentum is favouring back to bulls while stiff resistance is waiting on the top. I have drawn a possible road map on the chart. Follow the levels properly. My approach will be a buy here at current level for a potential upside upto 106.050 Maintain stop loss around...