Forextradingzones
USDNOK READY FOR LAUNCH!Hello traders,
I hope you are all doing great!
The last week finished in deep green territory for us (The Greek Trader community) above 500 pips profit and we are doing the same on this one!
The trade set up we are looking on is the USDNOK and let us tell you what our analysis is showing us:
Technical Observations
1.We have price reaching a daily-weekly and a monthly zone at 8.78-8.80 level.
2.It's a psychological round number!
3.We have with bullish MACD divergence.
4.We have a double top pattern in the daily timeframe and we have reached the targets of the extensions.
5.We have a Fib extension of 2.618 from the last pullback.
6.We have also 5 waves completed on the 4Hour timeframe.
Possible long Trade
ENTRY at 8.8110
STOP LOSS at 8.7658
TP at 8.99340-9.0 LEVEL
RISK/REWARD 4.03
THANK YOU ALL FOR SUPPORT!!
KEEP FOLLOWING AND SUPPORTING MEANS A LOT TO OUR ME!
Happy profits everyone!!
THE GREEK TRADER
EURUSD 1H AB=CD pattern EURUSD 1H AB=CD pattern
Sell@ TP 1=1.19905 TP 2=1.19180
SL=1.21810
Sell Entry: Waiting price break the PRZ/Trendline
EUR/JPY : BEARISH GARTLEY PATTERN IN D1 TIMEFRAME - R/R 2.09 🔔Welcome back Traders, Investors and Community!
Analysis of #EUR/JPY
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Strategy: Bearish Gartley With potential Max R/R 2.09
A clear chart is Always the best business card for a trader.
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Your support and feedback will always welcome
Thank you for your time.
The information contained herein is not intended to be a source of advice or credit analysis
Regards,
Walter
GOLD - SHORT- LONGER TERM TRADE - TARGTE 1750 & 1690GOLD - SHORT- LONGER TERM TRADE - TARGTE1 1750 & TARGET 21690
GBP USD CURRENT STRUCTUREORANGE TRENDLINE REPRESENTS THE TRENDLINE OF DAILY CHART
BLUE TRENDLINE REPRESENTS THE TRENLINE OF H4 CHART
KEY LEVELS MARKED FROM DAILY TO H4 LEVELS
MAY TAKE POSTITIONS AS PER YOUR STYLE
GOOD LUCK
GBPUSD - Short First and then Long for more PIPS📍 10+ years experience in markets
📍Professional Stock market and Forex trader
📍 Supply/Demand Zones
📍 Frequent updates
📍Covering FX / Gold Spot / NSE-BSE / DFM / ADX / US Stocks
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⏳ 1 Day Chart analysis
Looking to sell at 1.3483
Resistance located at 1.3483
Major Resistance located at 1.3515
Major falling trend is broken
Although - the trend is bullish overall
A correction is possible with plenty of room to move lowed without impacting the trend higher - ]
Looking to sell at rallies
KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis
Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account
Tagged Short as I expect short first then long after confirmation
📒 Retracement to support area
± 1.3310 fresh demand zone
± 1.3483 fresh supply zone
📒 Analysis / Trade Setup / Long and then short
± GBPUSD 1 day chart
± Short-term Bearish # Long term-Bullish
± Support and Resistance in play
± Major Falling broken and heading toward resistance area
± Bullish trend reversal
± Testing to towards to support area is needed to confirm the bullish trend
± Go long for more pips
± HAPPY TRADING
Short Target - 1.3310
Long Target - 1.36997
GBPUSD SHORT - PRICE HAS JUST REACHED A KEY WEEKLY LEVEL!Price has been moving in a gradual uptrend for GBPUSD and now the market has reached the previous swing high of the trend and is testing a key weekly level. we are looking to short the market at this level and are targeting the lower daily level but price has yet to show convincing price action of a potential reversal and a swing back down. However, there is a good probability that we can see price hold at this level and give us a swing to go and test the the lower key level on the daily chart and maybe pull back into our daily trendline.
