With a long-term bearish momentum identified on the higher time frame, there is a possibility that we might be having a short-term bullish momentum during the week. So, in this video, I explained how to take advantage of whatever bias that arises. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a...
Hello,Traders! GBP-USD is trading in a downtrend And the pair broke a key horizontal level On its way down which is now a resistance So I think that after the pullback and retest We will see a further move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
After approaching level 1.53000 , price starts to forming lower highs and now it's struggling to break the trendline , in this situation , we can only consider positions after a trustworthy confirmation.
ENSUSDT price is showing a great volume-backed move by the Bulls and trying to sustain above the FIB level resistance. If a higher TF candle manages to close above this trendline we are expecting a reasonable upside move towards the next resistance. Let's wait for the price action.
The market creates a falling wedge on the daily timeframe and now the price is testing the 4h support after an attempt of breakout from 7.5$. As you can see the price creates equal high on 7.5$, so that area is strong for the price. How to approach it? IF the price is going to lose the support we can look for a new short position. The price could grab new...
Am waiting for the retest of the POWERFUL BREAKOUT to swing this setup for a not-so-bad 1 : 3.69RR. Targets on chart. Like & Subscribe. Thanks.
A bearish breakout has been confirmed on the daily, swing traders can now jump on the highly probable downside continuation. Targets on the chart..... Pls Like & Subscribe to support my work, Thank you!.
I will only enter this risky trade if the strong breakout occurs from the descending triangle..... Targets on the chart. Like and Subscribe. Thanks guys.....
Hello traders! Welcome back to another episode with Analyst Aadil1000x. Bitcoin is forming reversal patterns after the breakout. These are the most common patterns that form after a breakout. 70% of the time market reverses after the breakout and RIP to those who buy after these breakouts. We can see the Big 'M' pattern forming after that channel's breakout....
Yesterday, we saw a 200 pips drop on EURUSD. The last time EURUSD was trading around those levels was in 2002. However, this doesn't mean we shouldn't sell. After this impulse yesterday, we're most probably going to see a pullback and a continuation towards 1,0200! Entries only after a pullback. We're not looking for longs!
In a sudden reversal, the Japanese yen is strengthening against all major currency pairs. While I've noticed a breakout structure on several pairs, the CHFJPY breakout appears to be the strongest. This is due to a couple of reasons. 1. CHFJPY has been in a strong rally since May of 2022. There's no such thing as a sustainable, exponential rally like this. As a...
Hello,Traders! GOLD was trading above the strong key level But today the support got broken in a brutal way Therefore we are bearish now And will be waiting for the retest of the broken level To go short on gold Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
✅CHF_JPY has formed a head and shoulders pattern Making me bearish biased on the pair But wait till the bearish breakout happens So that we could have a confirmation For entering a short trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅A broken key structure level Reinforces our bearish bias on EUR_CHF And I believe the price is set to move lower To retest the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅GOLD broke the key structure level While trading in an downtrend Which makes me bearish And I think that after the retest of the broken level is complete A rebound and bearish continuation will follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-CHF is trading in a downtrend And as we can see the pair Broke the key level retested is and Is making a bearish pullback Which I believe will take the pair Towards the lower demand levels Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! EUR-NZD was trading along the rising support But now we are seeing a bearish breakout Which makes us bearish biased Thus, a move down is to be expected After the pullback and retest Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! EUR-CAD broke a key horizontal level And we are now seeing a pullback To retest the level from below And because I am bearish biased on the pair I think we are likely to see a bearish continuation Sell! Like, comment and subscribe to boost your trading! See other ideas below too!