EUR/USD - Triangle Formation (16.05.2025)The EUR/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long
Forex market
EURUSD – Rebalancing Before Repricing HigherEURUSD is currently trading within a corrective phase after failing to sustain its bullish momentum from the earlier impulsive rally. The market structure on the 1-hour chart shows a clean breakdown from recent highs, with sellers starting to step in more aggressively. This pullback feels more like
Lingrid | GBPUSD retest the RESISTANCE zone and FALLFX:GBPUSD price is approaching the confluence of the red resistance trendline and the $1.334 level after an extended climb along the upward trendline. Despite short-term bullish momentum, this zone has acted as a strong barrier in the past. A rejection here could signal the start of a local correct
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
EUR/USD entered a corrective phase after its recent bullish rally and a test of the resistance zone.
Despite the short-term pullback, the mid-term trend remains bullish.
We expect the price to complete its correction near the identified support zon
USDCAD: Bullish Wave on the Horizon?USDCAD: Bullish Wave on the Horizon?
From early April to early May, USDCAD moved within a broad accumulation pattern without a clear direction.
However, in the past week, the pair made its first bullish wave, climbing nearly 260 pips.
Now, USDCAD appears to be accumulating once again, potential
EUR/JPY Long Setup – Bullish Reversal from Key Support Zone Entry Point: 162.227
Stop Loss: 161.629
Take Profit (Target): 166.778
Current Price: ~162.798
Risk/Reward Ratio:
Risk: ~60 pips
Reward: ~455 pips
Risk/Reward ≈ 1:7.6 (strong setup)
🔍 Technical Insights
Support Zone:
The purple rectangle around 162.227 to 162.000 is identified as a key deman
Euro may break support level and fall to support line of channelHello traders, I want share with you my opinion about Euro. In this chart, we can see how the price after another rejection from the resistance boundary of the descending channel, the Euro began to show renewed bearish pressure. The price attempted to gain ground above the buyer zone, but the breako
DeGRAM | EURUSD holding the 1.12 level📊 Technical Analysis
● Price defended the rising-channel median (1.1200) and formed a bullish pennant against the blue corrective trend-line; pattern completion projects to the next horizontal/diagonal confluence at 1.1380.
● Momentum is flipping positive as the pair climbs back above the short-te
USDJPY LONG📘 Trading Journal Entry – USD/JPY
Date: May 16, 2025
Timeframe: 2H
Pair: USD/JPY
Direction: Long (Buy)
Entry Price: ~145.5
Stop Loss: 144.818
Take Profit: 149.254
Risk/Reward Ratio: ~1:5
🧠 Trade Idea & Reasoning:
I’ve re-entered this trade based on strong bullish control of the market. Price has re
See all popular ideas
Rates
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