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Sell NZD/CAD Triangle BreakoutThe NZD/CAD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.8240 Target Levels: 1st Support – 0.8210 2nd Support – 0.8195 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
4
GBPCAD H4 300 pips dump incoming short it🔸Hello traders, let's review the 4hour chart for GBPCAD today. Weak support breakdown in progress currently on H4 and I don't expect it to hold the sell side pressure. 🔸There is no strong S/R zones until 7440 currently we are trading at 7730 so I expect the price to slide through the weak s/r zone. S/R zone was tested multiple times recently and only produced a weak bounce therefore expecting breakdown and new dump. 🔸Recommended strategy for GBPCAD traders: short sell at market or short sell any weak bounces near market price, SL 60 pips TP1 +150 pips TP2 +300 pips. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
14
EURUSD → Consolidation “flag”. Willingness to go below...FX:EURUSD is forming a consolidation in the “flag” format, the purpose of which, in the current situation, is to accumulate the potential for continuation of the trend... Fundamental background is still negative. On D1 we can clearly see the consolidation below the key level of 1.0600 after a strong fall. There is no proper and logical reaction in the form of a pullback. Accordingly, based on this we can conclude that the dynamics and strength of the buyer is not enough to reverse the local situation. The dollar is starting the recovery phase again, which may put pressure on the euro. Technically, the emphasis on consolidation “flag”. The exit of the price from the boundaries of this channel will provoke further movement. Resistance levels: 1.0606 Support levels: 1.0521, 1.044 It is not worth trading inside the flag. The exception is a retest of resistance. Opening an order is acceptable after a false breakout. But, the emphasis is on 1.052. Breakout and fixing of the price below this zone can strengthen the fall Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURUSD ;) Regards R. Linda!
Short
by RLinda
4
GBPJPY FORECASTIn this analyze we are focusing on 30M time frame chart for GBP/JPY. On the basis of support and resistance along with price action and liquidity concept. So we will wait for price when price enter into our zone than after any bullish confirmation we will take our long position trade. Let's delve deeper into these levels and potential outcomes. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. This is just my analysis or prediction. #GBPJPY 30M Technical Analyze Expected Move.
Long
by TradeTacticsreal
3
Sell from the 1.41 bank level in the multiyear highThis was a high-risk sell from the 1.41 and multi-year high. Confirmed by the DXY which was at 106.9. I think the price will reach the first liquidity level in the discount which is my target. Then we can get pullback an more sell-off. Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔
Short
by Dave-Hunter
5
Euro can reach seller zone and then start to decline to 1.0450Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price traded inside the range, where it at once rebounded from the top part and started to decline to the resistance level, which coincided with the resistance zone. Later, EUR entered to this area, where it reached the bottom part of the range and some time traded near, after which started to grow to the top part of the range. Also, when the price rose, it made a gap and after it reached the top part of the range, the EUR turned around and made impulse down. Price exited from the range broke the 1.0805 resistance level, and continued to decline inside the wedge. In this pattern, the price first rose to the resistance area and tried to break the 1.0805 level, but failed and continued to decline to the 1.0600 current resistance level. Soon, the price broke this level too and fell to the support line of the wedge, after which a not long time ago rebounded up. Now, the price trying to exit from the wedge, so, in my mind, the Euro can reach the seller zone and then turn around and start to decline. For this case, I set my TP at 1.0450 points. Please share this idea with your friends and click Boost 🚀
Editors' picks
Short
by LegionQ8
14
EURUSD professional analysis strategyObserving the chart, we can see how the price was trading in a range, it immediately bounced off the top and started to fall to the resistance level, which coincided with the resistance zone. Later, the euro entered the zone, reached the bottom of the range and traded near it for a while, after which it started to rise to the top of the range. In addition, when the price was rising, it gapped, and after reaching the top of the range, the euro turned down. The price exited the range breaking through the 1.0805 resistance level and continued to fall inside the wedge. In this pattern, the price first rose to the resistance zone and tried to break through the 1.0805 level, but failed, and continued to fall to the current resistance level of 1.0600. Soon, the price also broke through this level and fell to the support line of the wedge, and rebounded shortly afterwards. Now, the price is trying to break out of the wedge, so, in my opinion, the euro may enter the seller area and then turn around and start falling. In this case, I set the target price at 1.0450 points.
by Black0Rose
4
Lingrid | AUDJPY in CONSOLIDATION zone. Potential SHORT The price perfectly fulfilled my last idea. It reached the target zone. FX:AUDJPY has broken and closed above the channel, but the overall market trend remains sideways. The price is approaching a level where it tanked from this resistance, indicating that bears may be active in this zone. If the price rejects the resistance and upward trendline, we can expect price to fall again. Given the current sideways movement, I expect the market to potentially bounce off the top of the range and subsequently move toward the channel border. My goal is support zone around 100.750 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
6
EURUSD Will be in bearish direction after Breaking ChannelHello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
8
EURJPY - 4hrs ( Sell Trade Target rage 400 PIP ) 🟢 Pair Name :EUR/JPY Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🟢 Key Technical / Direction ( Short ) ——————————— Bearish Break 162.500 Area Reasons - Major Turn level - Visible Range Poc - Pattern Break - Strong Low Break - Day / week low Break - Choch Area Bullish Reversal 158.000 Area Reasons - Major turn level - Visible Range Hvn - Pattern Target - Fibo Golden - Major Choch
Short
by GentleGoldScalping
5
NZDCHF Poised for a 400 Pips Profit PotentialNZDCHF Poised for a 400 Pips Profit Potential NZDCHF has been creating a complex structure since August 2023. The lowest low was established near 0.4943, making NZDCHF significantly undervalued across the currency board. The price is holding strong above 0.5200, which is also a strong psychological price zone. NZDCHF is ready to begin a larger bullish wave with a potential of over 400 pips. You May Watch The Video For Further Details! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
2
GBPJPY: Potential for Further Rise Amid BOJ UncertaintiesGBPJPY: Potential for Further Rise Amid BOJ Uncertainties Bank of Japan Governor Kazuo Ueda stated that the economy is making progress toward achieving sustained wage-driven inflation, but provided few clues on whether the central bank might raise interest rates next month. The market remains uncertain about a potential rate hike, as the BOJ has not yet altered its Monetary Policy statement, leaving the JPY vulnerable to market speculation. Although the JPY is not in the same situation as it was a few months ago, the significant difference in interest rates compared to other countries remains a strong reason for its continued weakness. Technical Analysis: GBPJPY completed a bullish harmonic pattern at 194.30. The initial price reaction was a clear push of nearly +100 pips. Following this brief pause, GBPJPY is expected to rise again. While it is somewhat risky, this projection aligns with fundamental analysis. GBPJPY may reach the first two targets this week. Targets: 🎯 196.30 🎯 196.85 🎯 197.50 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
5