Hello traders: This is intraday analysis for EURUSD: The mid-term channel is bullish and we are around a good place to see pressure of buyers. On the other hand, the bullish short-term channel is broken but we are far enough from it. I'm searching for longing the pair around the current zone 1.0845. my first tp could be around 1.08550 and the final TP is...
Running Trade... Do your own analysis ... Dont Forget Moving Stop-loss At Break-even Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not...
CADCHF Trading Plan BUY - Riks Reward 1:3
eurgbp rejected weekly zone (purple) and broke through daily zone (green) as well. Price retraced back to daily zone but fail to touch it but price created a 4hr zone followed by rising wedge. Waiting for breakout to confirm bearish move.
eurgbp retraced from daily zone (green). Waiting on price to go lower.
nzdcad rejected weekly zone (purple) and daily zone (green) followed by falling wedge.
nzdusd has rejected both weekly zone (purple) and daily zone (green) which was followed by falling wedge.
cadnzd was meant to be a bearish setup due to daily resistance (green) being rejected three/four times but price broke out and retested the zone so this became a bullish setup until price reaches weekly resistance zone (purple)
gbpcad found major support from weekly zones (purple) and new daily zones (green) have been created recently, trendline also is in confluence with trend as well, hoping to see price reach new levels.
aususd has rejected daily zone (green) and weekly zone (purple), price created an ascending channel which broke out to the downside.
Ford was oversold off the grey MONTHLY zone and will retrace back to the reddish INTRADAY Zone I mapped out for a short countertrend gain.