GBPUSD: We can see how price has been ticking to a significant trend channel. The GBP has only ever shown weakness this year which is why we anticipate another drop. Once we get confirmation we are going to enter ourselves. We are looking for significant bearish momentum with the candle sticks and a break of the channel.
The price broke the trendline with the tower candlestick. wait for the price to retrace to the nearest supply or resistance turned to support. You can wait for price action first before get into the trade.
The currency pair, after a local shake-up against the trend, is consolidating above the level without a rollback, forming a pre-breakdown trade. I am waiting for a breakdown of the support level and a price decrease in the medium term to the liquidity zone Best regards Linda
ADAUSD looks to be on the final stages of completing an inverse head and shoulder. High volume forming low of head followed by smaller spike in volume forming the beginnings of the right shoulder. I wouldn't be surprised if the following weeks volume stays somewhat stagnate and ADA chops back and forth between 1.50 and 1.05 before breakout. Of course this is ONE...
Right now, EURUSD is trading at 1,0900. We're expecting to see a drop below 1,0800 but before that, we also want to see a pullback where we can make our entries. Once we break below the previous lows, then we want to see a re-test of them and that's where we can enter a short trade. We're not looking to sell right now, but only when we see a pullback! We're...
BALAMINES buy above 3450 Target 3460,3470,3475, 3490, 3500 SL 3425 CMP 3449
Price has broken out of a major ascending triangle It has made higher high and higher lows from a mini support level with a bullish engulfing candle. Here is the play I will be taking on this pair: MARKET BUY NOW P = 161.999 SL = 161.460 - 56 PIPS TP = 164.020 - 200 PIPS
Price has broken out a symmetrical triangle on the 4hr timeframe. The dollar is strong as the feds talk about raising interest rates thus having the potential to push the pound down. Here is the play I will be taking on this trade. OT = MARKET SELL NOW P = 1.30682 SL = 1.31736 - 109 PIPS TP = 1.29386 - 125 PIPS
Hello,Traders! EUR-USD is trading in a downtrend And the pair broke out of the kind of a bear wedge Which reinforces our bearish bias And I think that we will see bearish continuation Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello traders! We can see a repetitive pattern in BTC and it is very confusing for the traders and it's playing with psychology. Traders who want the market to move up will see that market will move down and the traders who were thinking that the market will be bearish will look at the market like it will move up. Currently, I am not in a favor of buyers also...
✅A broken key structure level Reinforces our bullish bias on AUD_CAD And I believe the price is set to move higher To retest the target above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
After the russian invasion we saw an influx of investors buys at the bottom around 32400 which led to the bull run we saw and a breakout of the downtrend price has been in since the start of Q1. As we enter Q2 and investors take profits around 34800 we saw lower volume the previous week and price ranging between 34550 and 35400. This week expect price to retest...
Bitcoin forming this symmetrical triangle of consolidation and maybe, the price it's ready to blow up. Also, you can to get note that in this Daily timeframe, Bitcoin it's above of the EMA 200 and also make this retest in the support zone of this symmetric triangle where in the past was resistance. But bull are taking control now in the trend and Bitcoin it's...
Hello everyone, ADA failed once more to make a higher high. BTC is showing weakness and a breakout will occur soon. Have a nice trading week.
Voltas is near its previous high, and the possibility of a breakout is high as stock has consolidated well in the last 5 months.
SETUP:BREAKOUT ENTRY: BREAK OF PREV HI SL: CURRENT 1HR RISK: FULL 3% P/L: 0/BE NOTES: MANAGED TRADE WELL COULDVE CLOSED MORE AT 10 PIPS
USDCHF has been bouncing around these two levels (RED) and hitting significant resistance whilst doing so and cannot seem to break past it, we have just closed down past support and we are in run for a bearish move, we have put our TPs according to previous market structure and have aimed for the last swing low