Bearish drop 50% Fibonacci resistance?GBP/CAD has reacted off the pivot which has been identified as an overlap resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 1.7988
1st Support: 1.7804
1st Resistance: 1.8056
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Forexsignals
Bearish drop?GBP/CHF has reacted off the pivot which is a pullback resistance and could drop to the 1st support that aligns with the 61.8% Fibonacci retracement.
Pivot: 1.1373
1st Support: 1.1308
1st Resistance: 1.1412
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Potential bullish rise?EUR/AUD has reacted off the pivot and could potentially rise to the 1st resistance.
Pivot: 1.65908
1st Support: 1.64787
1st Resistance: 1.67157
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish reversal?EUR/NOK is rising towards the pivot and could reverse to the 1st support.
Pivot: 11.79172
1st Support: 11.67922
1st Resistance: 11.88396
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBPCAD: One More Bearish Confirmation?! 🇬🇧🇨🇦
GBPCAD forms one more bearish pattern on a 4H time frame
after a retest of a recently broken neckline of a head & shoulders pattern on a daily.
Chances are high that the price will go down and reach at least 1.7876 level.
❤️Please, support my work with like, thank you!❤️
Potential bullish bounce?EUR/CAD is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 1.48219
1st Support: 1.47448
1st Resistance: 1.49226
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce?EUR/NZD is falling towards the pivot which is an overlap support and could bouncer to the 1st resistance.
Pivot: 1.8271
1st Support: 1.81566
1st Resistance: 1.84096
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EUR/JPY Straight To TP After I posted the analysis signal. EUR/JPY Straightly Dropped Down to our Mentioned Level and a Heavy Profit. Whoever following us , trusting us making absolutely free money. Follow Me Here for More FOREX Trades and Follow me @wsaetos for more CRYPTO Analysis and Trades. Stay Tuned for more...
Bearish reversal off 61.8% Fibonacci resistance?USD/CAD is rising towards the resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.4390
Why we like it:
There is a pullback resistance level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 1.4467
Why we like it:
There is a pullback resistance level.
Take profit: 1.4467
Why we like it:
There is a pullback support level.
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Bullish bounce off 50% Fibonacci support?EUR/USD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.0335
Why we like it:
There is a pullback support that aligns with the 50% Fibonacci retracement.
Stop loss: 1.0265
Why we like it:
There is a pullback support level.
Take profit: 1.0442
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
ANALYSIS OF EURGBP TRENDS WITH DOWN The chart represents the EUR/GBP currency pair on the 4-hour timeframe using Heikin Ashi candles. Here’s the analysis:
Observations:
1. Resistance Zone:
A strong resistance level is marked around 0.8327, indicating repeated price rejection at this zone (highlighted by orange circles).
2. Support Levels:
Two prominent blue lines represent key support levels:
First Support: 0.8260
Second Support: 0.8223 (Diamond Zone), which is the significant area of interest.
3. Diamond Pattern:
A "diamond zone" is identified as a potential key breakout/breakdown area. This structure often indicates an upcoming price move.
4. Trendlines:
A yellow trendline shows the recent downward momentum.
The price action suggests the possibility of lower highs and lower lows, implying bearish sentiment.
5. Projected Movement:
Blue arrows indicate a bearish outlook:
The first downward move targets the first support level.
If breached, the price may head toward the diamond zone (second support level).
Conclusion:
Bearish Bias: The chart suggests EUR/GBP may continue its bearish movement, especially if the resistance at 0.8327 holds strong.
Trading Strategy:
Entry: Look for confirmations (e.g., rejection candles or strong bearish momentum) near resistance for potential short positions.
Targets:
TP1: 0.8260
TP2: 0.8223 (diamond zone)
Stop Loss: Place it above 0.8330 to protect against invalidation of the bearish setup.
Monitor price action at key levels for confirmation.
USDCAD MOVE TO UP TREND MUST READ THE CAPTIONThe chart displays a technical analysis of the USDCAD currency pair using the Heikin Ashi candlestick type on the 1-hour timeframe. Here's the breakdown:
1. Bullish Cup-and-Handle Pattern:
The yellow highlighted area suggests the formation of a bullish "cup-and-handle" pattern, which is a continuation signal for a potential upward movement.
2. Key Levels:
Target Level (1.44753): The final target price for this setup.
Take-Profit (TP) Levels:
TP1: Near 1.43600
TP2: Around 1.44200
TP3: Close to 1.44700
Stop-Loss Level: Clearly marked below 1.42600 to manage risk in case of an invalidated pattern.
3. Projection and Trend:
The blue arrows indicate the expected price movement. A break above the resistance levels will confirm the bullish trend. The price may face pullbacks before hitting the targets.
If the price breaks below the stop-loss level, the bullish outlook becomes invalid.
Conclusion:
This analysis predicts a bullish continuation for USDCAD. Traders should monitor price action around the outlined levels, especially the TP and resistance zones. Confirmations, such as strong bullish candles or volume spikes, can improve trade confidence.
EURUSD ANALYSIS IS READY TO FLY IT IS POSSIBLE This EUR/USD 4-hour chart analysis highlights the following key components:
1. Downtrend Channel: The price has been trading within a bearish descending channel, marked by the shaded area. This indicates a prevailing downtrend.
2. Key Resistance Zones:
1.04018 to 1.04699 (Stop Loss Area): The red zone marks a significant resistance level. Breaking above this zone could invalidate the bearish outlook.
3. Key Support Levels:
1.02934 and 1.02092: These yellow lines represent potential bounce zones within the current range. They are crucial for continuation of the bearish movement.
Target Zone at 1.01994: A major support level where the price could potentially move if the bearish momentum continues.
4. Potential Price Movement:
The white arrows depict possible price action, suggesting range-bound movement between the resistance and support levels before a potential breakout downward toward the target zone.
5. Trading Strategy:
Sell Position: Open near resistance levels (1.04018–1.04699) with a stop loss above 1.04699.
Target: Focus on the support levels (1.02092 or 1.01994).
Range Trading: Traders can exploit price bounces between 1.02934 and 1.02092 for short-term gains.
This analysis supports a bearish bias, emphasizing cautious monitoring of the key zones for trading opportunities.
XAUUSD making an amazing buy run! (Confirmation of buy trade)Hey everyone this is your boy Hunbal! I am looking for a good sell trade ready for asian session XAUUSD is ready for a bull run I have 2 confirmation one the rejection from the suppoprt level and second choc in m30 time frame so we are hoping a good buy from here (2636) our take profit will be 100 pips 2646 and our stop loss will be 80 pips 2628 I wish we all together print some money.
Good Luck :)
BTCUSD Analysis is ready to fly This is a technical analysis of the BTC/USD (Bitcoin/US Dollar) market on the 4-hour timeframe, using Heikin Ashi candles. Below is a description of the chart analysis:
1. Trend and Pattern:
A bullish ascending channel is identified with price consistently moving higher within the blue boundaries.
A cup and handle pattern (yellow) suggests potential bullish momentum after a consolidation phase.
2. Key Levels:
Resistance Zones: Highlighted in purple at 104,008, 106,918, and 110,616, indicating potential target levels for upward movement.
Support Zone: Marked with a red "Stop Loss" level below the current price at approximately 96,000, acting as a risk management level.
3. Price Action:
The price has broken out of the consolidation zone and is now testing higher resistance levels.
Potential breakout scenarios are drawn, showing a pathway for price movement toward the upper resistance levels.
4. Targets:
First Target: 104,008.
Second Target: 106,918.
Final Target: 110,616.
5. Risk Management:
A stop-loss level is set below the previous swing low, ensuring a safety net if the price reverses