Pair: XAUUSD Entry: 1959.708 Stop Loss: 1996.130 (above supply zone) Take Profit: 1837.566 (filling liquidity pools below demand zones) Analysis: The XAUUSD pair presents a potential selling opportunity as the price is expected to fill up liquidity pools located below the demand zones. A sell position can be considered at 1959.708. To manage risk, a stop loss has...
We have identified a potential buying opportunity in NZDCAD at 0.83991. The decision to enter a buy position is supported by the presence of a bull flag pattern on both the weekly and daily charts. This pattern suggests a potential continuation of the upward trend. To manage risk, we recommend setting a stop loss at 0.82988. This level is strategically chosen to...
Pair: USDNOK Entry: 10.46195 Stop Loss: 10.67581 (above fair value gap) Take Profit: 9.69620 Risk-to-Reward: 3.63 Strategy: Selling USDNOK as a short opportunity. Explanation: The decision to sell USDNOK is based on the anticipation of a potential decline in the exchange rate. Here are a few reasons why this is considered a short opportunity: Fair Value Gap:...
We have identified a compelling long opportunity on USD/CAD with a favorable risk/reward ratio of 4.66. Our entry point for this trade is at the current market price, with a Stop Loss set at 1.31924 to limit potential losses. Our Take Profit level is strategically placed at 1.36790, providing ample room for the trade to capture significant gains. The technical...
Entry: 1.87350 (Near Order Block) Stop Loss: 1.86306 (Below Liquidity Pool) Take Profit: 1.90785 (Above Supply Zone & Liquidity Pool) A compelling opportunity presents itself as GBP/AUD signals a buy position. The entry at 1.87350, strategically positioned near the Order Block, aims to capitalize on the prevailing upward momentum. To protect against potential...
-Buy Signal: U.S Dollar/Canadian Dollar - Entry Point: 1.35168 area near the block order -Stop Loss: 1.34230 area below the liquidity pool -Take Profit: 1.38257 area above the supply zone and liquidity pool Analysis: Strong buy signal spotted on TradingView! The USD/CAD pair is showing promising upward momentum near the 1.35168 area, in proximity to a significant...
NASDAQ:EA Hello guys Nothing complicated, details are already in the chart
Hello Traders, I hope you guys are doing ok #MA has reached its support area, I think it's a fine opportunity to enter a buy position. The Risk/Reward Ratio is 3.04 for a 3months period.
Hello Traders, Quick update on AUD/NZD, The Price has bounced back from the support zone on 1.054, this is the first correction since the price broke out the bearish channel. There are confirmations from MACD/CMF and W% indicators that the price is ready to rise up to 1.147
Hello Traders, I hope you guys are enjoying your weekend. So the main thing to do is let the price continue its bearish movement until it reaches to the strong support zone. The W% and CMF are confirming the bearish movement for now, I think it's safe to avoid any short term trade for now. I'd be more than happy if you guys share your Ideas with me.
Hey guys, In the daily time-frame, there are 3 confirmations for a short position, likely it might be a good trend according to support level, but, please use exit indicators for getting a good result. Please share your ideas with me. good luck traders.
There are 3 confirmations for a short position, I recommend to use exit indicators to exit, but this ratio might work. This is my personal point of view, I'd be more than happy if you guys share your ideas with me. Good luck.
In the daily chart, there is a strong resistance and as you can see the green candle has a long shadow, it is a possibility for a strong pullback movement. There are 2 possible zones for taking profits which are the support areas. The total profit to loss ratio is around 6to1.