SELL GBPJPY (160PIPS)Price broke and close below supportive trendline and came back to retest the resistance area, would be looking to sell the pair if all remains the same upon market opening.
Forextradingzones
Chart analysis for the US DOLLAR Hi there!
Today we looking at the US dollar.
HTF BIAS : UP
LTF : Drop - Base - Pending
Objective : Buy low - sell High
Not a financial advice
Good Luck Guys <3
Forex Chart Analysis on GBP/USDSee that liquidity has been taken in the lower timeframe, with all confirmations met, we can expect a buy on GBP/USD
Forex Trading Analysis using the Smart Money Concept ForexForex Trading Analysis using the Smart Money Concept in Forex, after price action moves, there must surely be a reaction. Looking at the forex chart, saw that there was liquidity in the upper part of the NZD/CAD. There were both trendline and retail traders liquidity which was raided and price breaking market structure to the downside. Price gets to our points of interest, we don't enter blindly, we wait for our smaller timeframe entry confirmation to ensure the table is ready to dish the food. Only then will forex profits be guaranteed. Price might be willing to go down, but there is a fair value gap that is above price that might be respected if the current order block is not respected.
EUR/USD: Let’s Goooo! 🚀🚀🚀The Euro-Bulls need to make a push here. We have reached the support line at $1.17041 and dropping below this mark would mean that the US-Dollar will gain some further momentum. If the bulls can hold this line, we will see the Euro surge towards $1.29127.
So let’s goo!
BUY CADCHF (200PIPS)Price is currently moving towards the next level of support, if price breaks below support I’d be expecting a move into supportive trendline and support area. I’d be looking to buy this pair if I see rejection off this area
BUY CADJPY (120PIPS)Price is at supportive trendline and support area, would be looking to buy if price rejects off support and supportive trendline followed by other bullish confirmations before placing a trade to the upside. Initial trend is an uptrend so this outcome is highly likely, would hold off if price breaks this area.
BUY GBPCHF (147PIPS)Price was in a downtrend on the 4HR timeframe, price broke out of downward trendline and looking to be retesting support area before proceeding upwards. Would be looking for BULLISH confirmations at this area.
US30 Entries + ExitsHow To Play The Chart Entries/Exits:
Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 30 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
USDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Get ready to sell GBPCHFover brought. huge selling pressure. news may delays sell now. but it can't hold ever. keep on eyes.
NZDCAD Analysisbuy opportunity on the pair. Uptrend on the higher TF + rejection signs at previous support
CADJPY Head and shoulders here is the CADJPY chart and as you can see we have a head and shoulders pattern forming on the daily and 4h timeframe after the third contact with the daily downtrend. How do we trade this? well what you can do is wait for sell pressure to come in now and enter at price action confirmation or you can trade the break of the neckline, what we are going to be doing is placing a sell stop below the neck line so when price makes its move we don't miss it as we trade a lot of markets. limit orders are a great tool to use if you are busy or got a full time job and should be used in your trading as not every time you will get an entry off an area of sensitivity.
#GBPUSD trading nearby the support area its potential for a rise#GBPUSD Price is trading nearby the Support Area zone waiting for any bullish candlestick formation and watch the next candle close the previous candle its will move to the next level resistance area
Why we like it:
Price Trading nearby in the support area
moving to the next resistance area
waiting for bullish candlestick confirmation
1st support:
1.38017
Next Zone area & horizontal swing Low support
1st Resistance
1.38807
Zone area & horizontal swing high resistance
#GOLD for 1HR support area to potential to BUY!!#GOLD Price is trading nearby the 1HR support Area zone and bullish harami candlestick formation its will move to the next level resistance area and its form the trendline once break the trendline the setup invalid
Why we like it:
moving to the next resistance area
bullish harami candlestick confirmation
trend line formed
1st support:
1678
Next Zone area & horizontal swing Low support
1st Resistance
1760
Zone area & horizontal swing high resistance
2nd Resistance
1784
Zone area & horizontal swing high resistance
#GBPCAD waiting for a breakout#GBPCAD Price is trading the box pattern once break out the box pattern it will go for the next level resistance and waiting for any bullish candlestick formation and watch the next candle close above the previous candle
Why we like it:
Price Trading box pattern
moving to the next resistance area
waiting for bullish candlestick confirmation
1st support:
1.73836
Next Zone area & horizontal swing Low support
2nd support:
1.73446
Next Zone area & horizontal swing Low support
1st Resistance
1.74791
Zone area & horizontal swing high resistance
#EURCAD waiting for a channel breakout#EURCAD Price is trading the channel once break out the channel it will go for the next level resistance and waiting for any bullish candlestick formation and watch the next candle close above the previous candle
Why we like it:
Price Trading the channel
moving to the next resistance area
waiting for bullish candlestick confirmation
1st support:
1.47383
Next Zone area & horizontal swing Low support
2nd support:
1.46913
Next Zone area & horizontal swing Low support
1st Resistance
1.48154
Zone area & horizontal swing high resistance
#EURUSD approaching Daily zone Area, the potential for a rise! #EURUSD Price is trading the day Support Area zone waiting for any bullish candlestick formation and box pattern formation in 1hr if you watch the next candle close the box pattern its will move to the next level resistance area
Why we like it:
Price Trading nearby in the day support area
box pattern formation waiting for break the box pattern
moving to the next resistance area
waiting for bullish candlestick confirmation
1st support:
1.17221
Next Zone area & horizontal swing Low support
2nd support:
1.17032
Next Zone area & horizontal swing Low support
1st Resistance
1.17994
Zone area & horizontal swing high resistance
#EURUSD approaching Daily zone Area, the potential for a rise! #EURUSD Price is trading the daily Support Area zone waiting for any bullish candlestick formation and watch the next candle close above the previous candle its will move to the next level resistance area
Why we like it:
Price Trading nearby in daily support area
moving to the next resistance area
waiting for bullish candlestick confirmation
1st support:
1.17228
Next Zone area & horizontal swing Low support
2nd support:
1.17032
Next Zone area & horizontal swing Low support
1st Resistance
1.17994
Zone area & horizontal swing high resistance
#GOLD for 1HR support area to potential to BUY!!#GOLD Price is trading nearby the 1HR support Area zone and bullish harami candlestick formation its will move to the next level resistance area
Why we like it:
moving to the next resistance area
bullish harami candlestick confirmation
1st support:
1678
Next Zone area & horizontal swing Low support
1st Resistance
1760
Zone area & horizontal swing high resistance
2nd Resistance
1784
Zone area & horizontal swing high resistance
#USDJPY is trading the resistance potential move for sell!#USDJPY is breakout the trend line so it's possible to move to the next level support area 109.877 and watch any bearish candlestick confirmation
Why we like it:
breakout the trend line
Waiting for the bearish candlestick confirmation
1st support:
109.877
Next Zone area & horizontal swing Low support
2nd support:
109.457
Next Zone area & horizontal swing Low support
1st Resistance
110.358
Zone area & horizontal swing high resistance
BUY EURNZD(300PIPS)Price still looks to be obeying the DAILY channel, price now at the bottom of the channel. Price showed bullish signs when an engulfing candlestick appeared. Would be looking to buy if all remains the same when the market opens. First target would be 1.69000 which is a significant area that could push the market further down.
#BTCUSD for nearby 1HR support area to potential to BUY!!#BTCUSD Price is trading nearby the 1HR support Area waiting for any bullish candlestick formation and watch the next candle close above the previous candle its will move to the next level resistance area
Why we like it:
Price Trading nearby in 1HR support area
moving to the next resistance area
waiting for bullish candlestick confirmation
1st support:
39958
Next Zone area & horizontal swing Low support
2nd support:
38953
Next Zone area & horizontal swing Low support
1st Resistance
41300
Zone area & horizontal swing high resistance
2nd Resistance
42110
Zone area & horizontal swing high resistance
