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Forextradingzones

Start climbingHello guys We have been waiting for the defeat of the resistance for a long time, and now it is apparently broken and plays the role of support It is only very important that it is fixed on top It is located in a long-term uptrend channel, which apparently tends to start an uptrend after hitting the bottom of the channel, but it will be very difficult for it to touch the channel ceiling because it has a strong and long-term resistance with many collisions, but now We have to see if it can maintain itself above the newly broken resistance.
Long
by Therezavni
1
I ANALYZE FOR YOUR COMFORT - EUR/USD The previous analysis was validated by the Market, EUR / USD rising to the resistance marked with a red line. We are starting this so-called "inflation week", because many countries will report their inflation indicators these days. Depending on the European and American indicators, the route of this pair will be decided. However, I would predict that there are more chances as EUR / USD to continue ascending, provided that it first overcomes this resistance. If my analysis is useful to you, press Like and follow. If you want other assets to be analyzed, leave the symbol in the comment, and in a maximum of one hour I will publish the analysis. Everything is green !!
by Viorex
2
Japanese Yen or US Dollar?Hello guys We see that it has strong support and an upward trend line that it supports But there is a newly formed downtrend line that we have to wait to see if the trend line is broken or further support will be lost but support has more power and is more likely to break the trend line but there is no certainty and the index should move Let's also look at the dollar. If support is lost, we should see more falls, but if the trend line is broken, at least the climb to the nearest peak will be.
by Therezavni
Probability of price rise As you can see, a downward trend line has been formed that seems to be very strong. It has now reached a support that we think is strong enough that it will not break easily because its touch points are high. We are currently witnessing a strong compression. If this compression is broken, we will see a strong downward or upward movement. If support is maintained, we may see the price approach the trend line, but if it breaks, we may have to wait for the next support.
Long
by Therezavni
USDCAD MINIMUM 500 PIP MOVE UP!!!Hey everyone! Upon analysis today I came across the USDCAD pair. Now looking at monthly and weekly timeframes I identified a valid support which price has respected as you can see. So, price should begin to move up eventually. However, I will wait for price to go down a little more and then reverse or show immediate bullish strength. We shall see though. Comment down any ideas or suggestions! I have been only trading for a few months so apologies if my knowledge is limited.
Long
by Captain-K
Usd/Jpy Long Idea So this pair i have had my eye on it all week. Touching Monday London session, we seemed to be in a downward channel which we evidently broke out of due to an increase in buying pressure. Having a bullish overall trend on this pair on the weekly timeframe i deemed it to only be accessible to buys for the moment, so this is a perfect opportunity to have a set order at the current price I have it at. Looking down the 4hr, a point of previous support and a new resistance has been formed, which is clearly visible, so price action itself is looking clean and healthy, which enticed me to look for further confluences to pin point a entry. Drawing the Fiboncci tool from the last bearish candle push to the recent high, we mark our entry just at the 61.8 level, which is perfect in my opinion. Secondly, we saw the ATR is just below our entry point by 3 pips, which gives a strong indication that we won't over extend to the downside. My stop loss is placed just underneath a 1hr High low as if we were to see a break of that level i would deem the trade to be invalid. Take Profit is at a weekly resistance, but you know what they say, the more you hit something, the likely hood of it breaking, so if we do reach our target i would be looking for longs again to support the overall trend.
Long
by CIAN0_0
** AUDUSD ** long trade currently open, lets see how plays out..Evening all, seeing some great results from this weeks strategy forward testing. The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Long
by AL-1-