Day Trading Key levels for EURGBP. Will be looking at these zones for possible counter-trend opportunities!
Market currently in an uptrend. Market Pullback followed by Engulfing Candle, also rejection of closing above the 50EMA. SL- 30 Pips⛔️ TP1- 30 Pips✅ TP2- 60 Pips✅ TP3- 90 Pips✅ Daily Resistance Zone (88.540-89.145) H4 Support Zone (87.400-87.620)
Entry based on Market Pullback, Stop loss placed above 4HR Resistance Zone. Entry taken on H1 Timeframe. TP1- 36 Pips✅ has been hit, SL now @Breakeven. H4 Support Zones (1.37620-1.37792) SL- 36 Pips⛔️ TP1- 36 Pips✅ TP2- 72 Pips✅ TP3- 108 Pips✅
US30 is currently in an Uptrend on the Daily Chart when price rejected to close above the Daily Resistance Zone (34954 - 35121). Counter Trend opportunity came on Friday when i saw 1,2,3 Engulfing Candle formation and then entered @the close of the candle with 4:1 R/R. First 3 TP levels achieved, last position still running! Price is currently @ 4HR Support...
This pair is currently in a downtrend and price is below the 50EMA and in the Daily Support Zone. Price has been tested multiple times in the past, anticipating a great area to buy with price action patterns. I'll be looking for counter-trend opportunities on lower time frames during the London Session. Daily Support Zone (1.37166 - 1.37673)
Gold is currently in a Uptrend. Price is currently above the 50 EMA and close to the 4HR Support Zone (1789.359 - 1799.860) which has been tested multiple times in the past, anticipating a great area to buy with price action patterns. I'll be looking for counter-trend opportunities on the 1HR chart this week. If the price continues up towards the 4HR Resistance...
Between 5th and 31st March we saw that the Gold Market was in a downtrend but also indications that a reversal would take place due to a Double Bottom candlestick formation. Reason For Trade Entry- Market Pullback followed by Engulfing Candle, anticipating that price will continue to rise. SL is @Breakeven and TP1,TP2 and TP3 targets have been hit!!
GBPUSD is currently in a consolidation phase on the H4 Chart. This will create counter-trend opportunities on lower timeframes so I will be looking for price action patterns around the key Daily support and resistance zones. Price is currently @ the Daily Support Zone* ( 1.40730- 1.41080) so I will be looking for counter-trend opportunities on lower timeframes....
Gold is currently in a strong uptrend with the next Daily Resistance Zone @(1951.640 - 1967.760). I will looking at this strong daily resistance zone where there could be potential counter-trend opportunities on lower timeframes.
Gold has just started a new Uptrend ( Breaking of Resistance Zone 1745.057). Current price is @1771.945 with the next Daily Resistance Zone @ (1794.471- 1820.384). There is a potential counter-trend opportunity on lower timeframes (H1,H4). If price breaks the Daily Resistance Zone (1794.471- 1820.384), strong indication on trend continuation and I'll be looking...
On Sunday I published my EURUSD Key Levels analysis and my predictions. Last week, EURUSD was on a strong uptrend across the 1HR,4HR and Daily Timeframes. On Sunday, Price was @1.20968 which is between the 4HR Resistance Zone. I got a price action entry on the H1 Timeframe just below the 4HR Resistance zone (1.20923-1.21150) and will ride this trade towards the...
EURUSD currently on a strong uptrend across the 1HR,4HR and Daily Timeframes. Price currently @1.20968 which is between the 4HR Resistance Zone . Potential counter-trend opportunity on lower timeframes. If price breaks the 4HR Resistance Zone (1.20923-1.21150), strong indication on trend continuation and I'll be looking for entries on the H1 Timeframe and ride...
Key Levels For the Dollar Index. Potential to see the dollar continue in the downtrend. With the Daily Support Zone (91.297- 91.443), potential to see counter-trend opportunties around these levels.
AUDCHF is currently in a downtrend, market pullback with Engulfing Candle formed. Entered @close of the candle. First TP Level target achieved! Stop Loss @Breakeven