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Forextradingzones

EURUSD forecast Looking for longs in this area. Lines up perfectly with the the US currency index as well. The point of interest mentioned / OB is what caused this BOS. This is where the orders were that created the push up so price should gravitate back down to the origin of the move and fill the imbalance in the market and have a reaction. I will look for an entry on the lower time frames. for my entry i will use the 1/2/3/4/5 min time frames and see what is the cleanest at the time of entry
Long
by Bill-from-The-trading-Cartel
17
USDCHF SHORT TERM ENTRY!!!!This pair has been among the trendy pairs for the past weeks. The market has currently broken the resistance line to the upside with a nice impulse. but after an impulse there is always a correction to at least the 0.382 of the Fibonacci retracement. Currently the market is in a resistance zone (purple rectangle) and as soon as the market breaks the low of the previous candle, the market with be retesting the 0.382 of the Fibonacci to fill the previous wicks before a further continuation to the upside.
Short
by joebakwa7
2
GBPJPY IMPULSE OVER????The impulse to the upside on GBPJPY has been going on for some time and congrats to those that have been in the move. But as you know after and impulse there is always a correction to at least the 0.382 of the Fibonacci retracement which can ben seen on the weekly chart. Since the current bearish candle on the weekly has respected the high of the previous bullish candle, the market in the short run could be retesting the 0.382 on the fib which lines with previous structure. waiting for confirmation on the daily time frame to take a nice short on this pair. What are your thoughts on this pair?
Short
by joebakwa7
3
GBP🇬🇧 NZD 🇳🇿 short valid ✅Hello traders Some big moves in the markets today. NZD is proving strong and our strategy has presented a short trade on EURNZD pair. Working the 30M time frame here to a 1:2 risk reward ratio. As with all my ideas the back test results can be found at the foot of the idea for trading the pair in this manner. Test results are from January 2020 to today, Stats are based on risking 1% capital per trade on a £1000 account. Quick overview of the strategy in use. The strategy is a trend based strategy. The inner workings of the strategy are 5 individual strategies rolled into one. Trades are only valid when all 5 confluences line up. At this point the trade presents on the chart. Alerts can be set and the the strategy can also be automated. No excess time spent at the charts Adaptable strategy to suit your trading style. Works on any instrument and time frame. Want too know more? Sure drop me a message and feel free to ask any questions.
Short
by RichScott