USDCAD > The Best 2 Places for High Quality Buy!!Analysis of #USDCAD
Hi traders, today we will have a look at #USDCAD
The USDCAD might be providing a buy entry at previous structure support soon, we can wait for a reversal pattern like the double bottom on the lower time frame to use as a reason to get in a buy entry.
if the market doesn't provide a reason to get in buy at the first level, I will still be looking for a buy entry near trendline supports you can see on my chart, the same thing we can wait for the double bottom at trendline support that meets the rules before getting in a buy trade
Personally, i prefer to buy at the send place, but i will see what the market provides.
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Chartpattren
AUDUSD > Perfect Setup for Buy Entry!!Analysis of #AUDUSD
Hi traders, today we will have a look at #AUDUSD
The AUDUSD might be forming a perfect setup for a buy entry, as you can see we have an uptrend, and now the market might be coming to test its trendline support, near 0.6450.
Also, we have a possible bullish harmonic bat pattern that might complete the D leg also near my trendline support, which is one of my favorite ways to use harmonic patterns.
as you can see if the market comes to test trendline support it will complete the D leg for my Bat pattern, which will be a very good reason to enter buy trade if the rules are met
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EURUSD > Double top, might see further move downAnalysis of #EURUSD
Hi traders, today we will have a look at #EURUSD
The EURUSD yesterday tried to break out to the upside only to fail and close back below the previous structure high, and not we can consider this a double top.
now I expect the market to keep moving down as explained in my previous analysis to test its key market support level near 1.0100, which will be an excellent level to buy if the market reaches this level
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GBPUSD > The Market Might Continue Down!Analysis of #GBPUSD
Hi traders, today we will have a look at #GBPUSD
The GBPUSD broke out of this consolidating wedge pattern, I am expecting the market to keep on falling down to test the support level near 1.16500-1.1600
I am watching the market to see if i can get in a sell trade to target the next level of support.
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GBPUSDAfter Breaking Above 1.1750 RESISTANCE, GBPUSD Started to consolidate and confirmated this break as new suppport twice Now the pair looc ready for up continuation and it can rise to the next important resistance arount 1.22. I'm bullish as long as support it intact and buy dips against this level could be a good strategy with a very good R:R
Talha Shaheen
GBPUSD > Beautiful Bearish Harmonic Bat Pattern!! Analysis of #GBPUSD
Hi traders, today we will have a look at #GBPUSD
The GBPUSD might be forming this beautiful bearish harmonic bat pattern on the lower time frame, if someone is into day trading this is a good setup I will say, however I may or may not take it, depending on how the market arrives at the resistance zone or the D leg completion.
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AUDUSD > Interesting Buy Entry for A Good RRR!! Analysis of #AUDUSD
Hi traders, today we will have a look at #AUDUSD
The AUDUSD previously had this reversal pattern which looks like a bullish head and shoulders to me, as you can see the market broke the neckline resistance and now might be coming to visit the zone again
as you know this area now will act as a support level for AUDUSD and could be a very good zone to start looking for a buy entry depending on how the market will get there
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EURUSD > Still Looking for A Buy Entry!! Following up #EURUSD
Hi traders, today we will have a look at #EURUSD
the EURUSD moved as predicted in my previous idea "you can check it following the link below", and still moving to the downside to test its previous resistance zone which now has become a support zone.
the market might visit the zone near 1.0100, and if it did that will be looking for a vailed buy entry to get in abuy trade for possible continuation to the upside.
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ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.3024
TP: 0.2748
SL: 0.3178
Bias: Short
Recent price study exposes a positive expectation for pairs that run counter to United States Dollar. As we see the strength of dollar is in a declining mode and considering the scope of dollar price changes , the other currencies are oscillating accordingly.
GOLD - H&S confirmed? As it is the case with all USD pairs, Gold is no different. A Sharp rise, multiple rejections then a downtrend.
Looking at the 4hrs chart we see a Head and Shoulders bearish pattern formed and confirmed after breaking below the neckline. Considering that DXY is likely going to confirm an Inverse H$S we see Gold continuing bearish momentum:
1) Testing 100MA at 1731.5 - if it did not rebound then 2 & 3 as well.
2) Pullback to Fibo levels
3) Testing the demand zone between 1703 & 1713
Love, Lacasafxfamily
XAUUSD > The Best Place for A Buy!!Analysis of #GOLD
Hi traders, today we will have a look at #XAUUSD
the GOLD performed in line with the fundamental news we got recently about CPI, PPI, I still expect this move to continue to the upside, but the market needs to calm down and find more buyers, so expect a somewhat short-term move to the downside.
As you can see on my chart, we previously had a solid key market resistance near 1720-1730,
I do believe if the market reaches back to test this zone we will see a bullish reaction where I will drop a one-time frame looking for a buy entry with a good reward to risk if the rules are met.
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EURUSD > You Dont Want to Miss out On These Levels!!Analysis of #EURUSD
Hi traders, today we will have a look at #EURUSD
the EURUSD was not able to close above 1.0500 as you can see on my chart, while I still believe the EURUSD has more room to the upside I think in the short term we can see EURUSD falling back to test its support level near 1.0500-1.0100.
looking at the chart you can see the zone I highlighted newer 1.0500-1.0100 represents the previous resistance which I expect will be good support for the EURUSD.
if the market reaches my support zone I will drop a one-time frame looking for valid reversal patterns or harmonic patterns together in a buy trade with good reward to risk if the rules are met.
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ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.3233
TP: 0.2980
SL: 0.3400
Bias: Short
We have no major directional bias. Dollar will remain strong in spite of all difficulties. We assume that the dollar will strengthen further and the other currencies related to it will decline in recent weeks.