Daily Trend : Strong Bullish 4h Trend : weak Bullish Wait fo consolidation to the bottom. (two opportunity) Entry point to long : - a rejection candle - bullish structure like a double bottom or inverse head & shoulder Target #1: Last Minor Structure High (4h) Target #2: Last Major structure high (D) ⚠️ Carefull as there is a loss of momentom so...
My analysis for now. strong resistance with a triangle patterns.
Opportunuty to buy USD / CAD the grapth is self-explanatory but i'm always available to discuss any point or ideas CAUTION: No Fundamentals are taken in this analysis
My Prediction of price action based on chart only. NB: No fundamental are used in this prediction
An opportunity to sell USD/GBP (TimeFrame = 4h, TradeType = Short, RR = 1.15 ): - Identify Trend: Bullish at (D,4h) - Predict price movement: trend continuation - Define entry points : Confirmation (already done) - Execute : StopLoss (1.29518) , TakeProfit (1.32304) , Profit (xx pips - spread) Always open to any suggestions or questions
an opportunity to sell EUR/USD : - Identify Trend: Bearish movement - Predict price movement: trend continuation after pullback - Define entry points : wait to confirm pullback (bearish candle) - Execute : StopLoss ( 1.12679 ) , TakeProfit ( 1.11266 ), Profit ( 141 pip - spread )
waiting for the candle to close then buy after confirmation target is the previous resistance level (1.33484) your feedback guys?!