Forex48_TradingAcademy

Forex48_TradingAcademy

On EURGBP, we have a bullish setup, as can be seen from the highlighted trendline. The price is within an H4 demand box where it recorded an FVG/Imbalance at the level of 0.8580 this morning, and where we could look for a long entry with the target being the yellow box at the level of 0.8620. This represents another area for a GVG imbalance where we could instead...

Forex48_TradingAcademy

On EURUSD, we have a bullish setup with the price currently in a buying zone, within which there are two more. The price retraced to an uptrend line and is gearing up for a significant upward movement. This movement has been confirmed by the market after the Consumer Price Index (CPI) data, despite positive data for the dollar, showing that an algorithm is...

Forex48_TradingAcademy

On EURJPY, we can observe a bullish setup following a breakout of a bearish trendline. The price has breached a significant swing high at the 157.70 level, creating a buying zone, as seen on the chart. This zone might also lead the price to retest the trendline. Furthermore, the price around 158.44 appears to have made highs during the Asian session and seems to...

Forex48_TradingAcademy

On this currency pair, I opened a long position after noticing a Fast Veloce Cambio di Prezzo (FVG) in the London close zone, with an FVG of just one pip identified on a 15-minute chart (M15). I decided to go long as the H4 bias is bullish. Currently, the trade is at breakeven with a 1% gain, as I closed half of my position at a 1:1 ratio, thereby reducing my...

Forex48_TradingAcademy

On EURUSD, we have a bullish setup with the price located in a buying zone, within which there are two more. The price has retraced on a bullish trendline and is gearing up for a significant upward impulse. Everyone is awaiting tomorrow's data on the US Consumer Price Index (CPI), while the price is accumulating in the meantime. It will be important to prepare for...

Forex48_TradingAcademy

On USDJPY, we have a bearish setup with the price, which, after the structural break of two swings at the level of 146, has started to show signs of a change in direction, from short to long. On the 15-minute chart, during the London session, I identified an entry box, which is an area of inefficiency or FVG at the level of 146.15. In this zone, we might consider...

Forex48_TradingAcademy

On GBPJPY, we have a bullish setup after a bearish start to the week. The price, reaching the level of 184.26, broke a swing high on Friday, signaling a potential downturn. Furthermore, the price is getting closer to a supply area, specifically the range of 184.50 - 184.80, where we could look for a short opportunity. My goal for tomorrow, at the opening of the...

Forex48_TradingAcademy

On the EUR/USD pair, we have a bearish setup with the price currently located around 1.07, between two potential reversal zones, one supply and one demand. Both of these zones are clearly marked on the chart, and we can see how the price has used them during the week to change its bias. The biggest issue is that the price is within a significant buy order block...

Forex48_TradingAcademy

On the USD/CAD pair, we have a bearish setup following today's very favorable news for the Canadian dollar. The price has broken a swing low at the level of 1.3679, effectively paving the way for a bullish scenario. This scenario could also occur if the price reaches the 1.36 area, where we have a significant demand zone that could influence the price. Naturally,...

Forex48_TradingAcademy

i opened a short trade on gbp/usd following a structural change on m15 after the opening of the london session. firstly, i identified the bias on h4, and it was short. i waited for a structural change on m15, identified an inefficiency zone, and subsequently placed a sell limit order at the 38% fibonacci level with a 1:2 risk-reward ratio. let me know what you...

Forex48_TradingAcademy

On the S&P500, we have a bearish setup with the price reaching the demand zone at the level of 4440 after breaking down a Swing Low. The goal will be to look for a bullish setup, meaning a structural breakout on M15 and subsequently an FVG to enter the market long. I will be searching for all of this in the pre-American session. Let me know your view and leave a...

Forex48_TradingAcademy

On the EUR/USD pair, I noticed a H4 closing with a spike at a swing low. This, to me, means only one thing: looking for a bullish structure to enter the market long. I've just checked the US unemployment data, and it came out favorable for the dollar and unfavorable for indices and, consequently, for the euro as well. So, my bullish view might be too early, but...

Forex48_TradingAcademy

On the USD/JPY currency pair, I've identified a bullish setup. The price is consistently breaking previous swing highs, forming new highs. However, it's important to note that my view on the H4 (4-hour) timeframe has remained bearish for over a week. I'm currently waiting for a structural breakout on the M15 (15-minute) timeframe, combined with a Formation of...

Forex48_TradingAcademy

After today's data confirmed an expansion in the American industrial sector, the pound lost ground, bringing the exchange rate to the 1.25 zone. However, when analyzing the exchange rate, I notice a bearish structure but with significant potential for a long position. More specifically, it can be observed that the price has broken the swing low at the level of...

Forex48_TradingAcademy

I entered a short trade on GBPJPY during the London open after a retracement of a Fibonacci level. The H4 structure is bearish, which is why I took this trade. What do you think about it?

Forex48_TradingAcademy

On Gold, we have a bearish setup as the price has reached a very important demand level, formed by the last short candle before the rally in the 1927 area, and thus breaking the relative swing high at the 1924 level. The goal will be to look for a long position during the pre-market opening of the American market. I remind you that today we have very important US...

Forex48_TradingAcademy

On USD/JPY, I have a bullish setup with the price continuing to break previous swing highs, forming new highs. However, my view on the H4 remains bearish for over a week. I'm waiting for a structural breakout on M15 along with an FVG before entering the market. Of course, I'm looking for these entries during the most significant hours, namely the opening of London...

Forex48_TradingAcademy

On EURUSD, we have a bearish structure with the dollar pushing the euro down. Currently, we can observe 4 structural swing low breaks at H4. Therefore, the price is in a total buy situation. Personally, I'm waiting for a structural change at M15 during the London or New York session to go long with a target at 1.08. Let me know your perspective, greetings, and...