The 4-hour timeframe presents a compelling trading opportunity characterized by a bullish pin bar formation atop the S1 weekly pivot point. With the monthly pivot point residing around 180.0 and the overall market structure exhibiting a bullish trajectory, favorable conditions are in place to explore long setups. Strategically, the buying point is proposed at the...
hey guys ! i am watching closely this pair to see how it will unfold. by the structure, i am waiting for a bullish pattern. stay close !
Based on a thorough analysis of the 4-hour time frame, several technical indicators indicate a potentially bearish outlook for the U/C. Firstly, the weekly pivot point is positioned above the current price, suggesting a bearish bias in the overall market sentiment. Furthermore, the emergence of a bearish engulfing pattern at the EMA and weekly pivot point,...
Within the given 4-hour time frame, it is noteworthy that the price has surpassed the weekly pivot point, indicating a favorable market position. Moreover, it currently finds itself encountering resistance at the exponential moving average (EMA), a significant technical indicator in the field. In light of this scenario, a carefully reasoned analysis would suggest...
Since the price is fluctuating between the daily pivot point (1.235) and the EMA 90 (1.236), we can consider a potential short trade opportunity if the price breaks below the daily pivot point. Entry: If the price breaks below the daily pivot point (1.235), consider entering a short trade. Stop Loss: Set the stop loss slightly above the EMA 90 (1.236) to account...
Technical Analysis - GBP/USD The GBP/USD currency pair is currently exhibiting certain technical indicators that warrant careful consideration. Firstly, the Exponential Moving Average (EMA) is positioned above the current price, indicating a potential bearish signal. This is significant as the EMA is a widely used trend-following indicator and its placement above...
In this technical analysis, we will assess the AUD/USD currency pair's recent price action, specifically focusing on the daily pivot point and exponential moving average (EMA). By adopting a disciplined and systematic approach, we aim to identify a potential long position opportunity based on the break of the daily pivot point and subsequent price closure above...
Hey guys ! just a quick 15 min trade here. used a low profile risk .
Based on technical analysis, the 4-hour timeframe is currently showing a rejection of the Exponential Moving Average (EMA) and the first support level (S1) of the daily pivot points. These factors indicate a potential bullish trend reversal in the near future. However, before initiating a long position, it is important to observe whether the price will close...
waiting for this beautiful H&S to form. I will update if I will see a good setup
Based on the technical and fundamental analysis conducted, it appears that the EUR/USD currency pair is exhibiting certain trends and patterns that could potentially be exploited for profit. From a technical standpoint, the price has been seen to reject the daily pivot point at 1.103 and is currently trading below a resistance area of 1.107. In addition, the...
W1R rejection. Testing last high. ECB is on the way.