Multiple confirmations let me know the price expected to reverse. Entry Time frame: 1 min time Confirmations: Pro 3's Price Action Liquidity at the time of this post I am up $2,400 Moving my stops to profit just in case there is a reversal before my TP is hit
Short-term plays don't always go as planned, but the bigger picture tells a different story. Price is rejecting strongly off key levels, signaling a potential shift in momentum. The bulls are stepping in, and this setup has the potential to unfold over the coming weeks. Let's see how it plays out—patience is key!
Recent fundamental news release has provided bullish momentum for GBPUSD: Positive UK Economic Data: The latest UK economic report, such as stronger-than-expected GDP, inflation data, or PMI, signals economic resilience and supports the pound. USD Weakness: Recent U.S. economic data may have disappointed expectations, leading to a weaker dollar as traders...
This trade aligns with the broader bearish trend, as the pair continues to exhibit rejection near key resistance levels. Technical indicators, including moving averages, support the downward momentum. The position reflects a cautious approach to capitalize on potential price weakening, consistent with current market sentiment and broader technical patterns.
I'm taking a quick intra-day buy on GBPUSD, capitalizing on a breakout and strong market momentum driving price action upward. Entry Type: Buy Main Reason: Breakout confirmation with momentum supporting the move. Target Profit (TP): 20 pips Stop Loss (SL): ~30 pips Risk-to-Reward Ratio: 1:0.66 This trade is based on the breakout above a key resistance level,...
EURJPY is showing significant upside potential, driven by a decisive rejection off a key support level. I’m monitoring for a confirmed breakout followed by a clean retest before considering entry. Patience is key; disciplined execution will ensure the setup aligns with a high-probability trade. Stay vigilant for actionable price action in the coming...
USDCHF has rejected a critical level and is now exhibiting clear signs of a potential reversal. My current bias is bearish, with expectations for further downside momentum as the reversal confirms. Key levels to watch: Support Zone: 0.87998 Resistance Zone: 0.89463 I recommend waiting for additional confirmation (e.g., candlestick patterns, break of structure)...
🚀 Action: Enter now or before 95224.5 🎯 Targets: Take Profit 1: 95752 Take Profit 2: 96079.2 🛑 Stop Loss: 94770.4 Strategy Insight: This trade capitalizes on a bounce off the major psychological level of 95000, showing signs of strong rejection. This key level is expected to act as a support zone, reinforcing bullish momentum toward the profit targets. 📊 Key...
Reason for Entering Buy on XRP: The decision to enter a buy position on XRP was based on the following analysis: Technical Breakout: Price broke above a key resistance level, signaling strong bullish momentum. Trend Confirmation: XRP was in an uptrend, confirmed by higher highs and higher lows on the . Support Zone Rejection: Price tested and bounced off a...
The AUD/CAD pair is exhibiting signs of bearish momentum, suggesting a potential decline in the near term. Technical indicators and price action analysis support this outlook. Technical Indicators: Relative Strength Index (RSI): Currently at 39.396, indicating bearish conditions. Moving Averages: Both simple and exponential moving averages (5, 10, 20, 50, 100,...
The USD/JPY pair is showing strong bullish momentum, driven by both technical and fundamental factors. Here's the breakdown of the setup: Trend: The pair has maintained a consistent uptrend, recently hitting a high of 156.748 before retracing slightly. Key Support: The current support level is holding at 154.312, aligning with the 50-day moving...
Opened a buy order on GBP/USD based on a clean 1-hour breakout setup. The pair broke above a key resistance level, showing strong momentum, and aligning well with the overall bullish trend in higher timeframes. The breakout entry was confirmed with sustained volume and a candle close above the resistance level, giving extra confidence for this entry. 📈 Target:...
Strong TP1 target. I will wait to see if there is a rejection of the supply zone and if I will be holding trade on the TP2 and TP3 levels.
Multiple confirmations expecting the drop. The bearish divergence has been going on for over a week, with the price and volume both steadily declining. We are expecting a break of support at any time now, with potential downside targets in the HKEX:10 -12 range. We will be watching this closely and updating our positions accordingly. Thanks! It's important to...
getting in on retrecement . multiple confirmation to sell. Qucik trade
Waiting on the breakout to confirm its entry. This will confirm 3+ confirmations for the trade.
waiting for entry confirmation for entry. Placing a trade at breakout. 3+ conf..
buying EURCAD because of multiple confirmations. Currently doing a retest