From the XRP/USD analysis, we can see investors finding value at $0.26 area (Buying area). We can expect this area to hold as support and provide enough liquidity to shoot up to the target area of $0.55 (Percentage gain: 111%). This is a short term target, we may see larger moves incoming in 2021.
Personally looking for selling pressure in either of the two highlighted areas, price action will be used for optimal entry. Targets are around 170-180 pips depending on the setup, can see price reaching 1.29300-1.29000 region midterm. This is my personal outlook for GBPUSD .
Looking to buy from Buy area to Target area (42-48pips). Wait for exhaustion.
Looking to sell GBPUSD from sell area, wait for exhaustion candle. Close trade at the target area (+30pips).
Looking to buy GBPAUD from buy area, close at the target area.
Looking to sell GBPUSD from sell area, close the position at the target area (+20pips).
Looking to sell GBPUSD from sell area, enter on reversal pattern. Looking to target 70pips.
Looking to enter EURUSD in the BUY Zone, enter on a reversal candle. Looking to target around 70pips to Target zone.
Looking to Buy GBPUSD at the buy range (1.30000 area) , target is 1.33000 area.
Looking to Buy GBPUSD from buy zone, we can see there is divergence forming on the 1h chart. Wait for a reversal candle for confirmation. Target is 1.30200 area (100-140pips).
Looking to sell USDJPY from the Sell zone, wait on a reversal candle for entry. Ride price to target zone.
Looking to sell USDJPY from 110.000 (Sell Range) , we may see a double top in this range. Wait for a reversal pattern in this zone before entry. Target is 109.000 (100pips) (Target Range).
Looking to Buy EURUSD from the Entry Zone. Wait for a reversal candle or bearish price action. Target is 1.150000 (165+pips)
USDJPY is currently on 4h Pivot, we can see bullish movement to the upside. These are my targets: Target 1: 109.000 Target 2 : 110.800
Looking to Buy GBPUSD from the Buy range (1.28000-1.28150) , Target is near the 1.29000 level (+-100pips). Only enter this trade if you see a reversal pattern or bullish price action on the 1H chart. We can see indecision candles forming on the daily , this can result in price consolidating between these two levels.
Looking to short GBPUSD from the sell zone (1.29000), we can see there is a 4h R1 pivot and a 15min daily R1 pivot in this zone. My target is to 1.28400 this is close the gap also. Only enter if you see a reversal pattern in the sell zone! Do not enter this trade if the pair closes the gap before price hits the sell zone.
CADJPY is currently in a decision zone (Zone 1), If we see a downside breakout of Zone 1 (80.000) level i will be targeting Target 1 (77.000) . If we see a reversal pattern i will be buying the pair to Target 2 (85.000) . Note: This is a long term trade based off the 1D chart, use small lotsize.
Looking to Buy EURGBP as its in a uptrend. We have seen price break previous resistance and now testing the new support. We can see price bounce up from Buy range or the 200MA. Target is 0.90500 (60-70pips).