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CADJPY: Bullish Outlook Explained 🇨🇦🇯🇵 CADJPY is trading in a bullish trend on a daily. Last week, the price set a new higher high higher close, violating a strong horizontal resistance. The market opening turned out to be bearish. The pair is currently testing a contracting demand zone based on a broken structure and a solid rising trend line. I think that the market may resume the growth soon. Next resistance - 115.8 ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
EURUSD H4 1 March 2024EUR/USD, H4 The EUR/USD pair has pulled back from its technical rebound observed in the previous session but found support at the 1.0800 level. The U.S. dollar strengthened following the release of the U.S. Personal Consumption Expenditures (PCE) index, which aligned with market expectations, hinting that a Federal Reserve rate cut might not be imminent. This outcome has influenced the dollar's resurgence. Concurrently, market participants are now keenly awaiting the release of the Eurozone's Consumer Price Index (CPI) data scheduled for today. EUR/USD declined but is currently supported at above 1.0800 levels, given a neutral signal for the pair. The RSI has been hovering in the lower region while the MACD is on the brink of breaking below the zero line, suggesting the bearish momentum has overwhelmed the bullish momentum. Resistance level: 1.0865, 1.0954 Support level: 1.0775, 1.0770
by top_fx
CADJPY: Waiting For Confirmation 🇨🇦🇯🇵 CADJPY is trading in a bullish trend. After setting a new higher high higher close on a 4H time frame, the pair started to consolidate within a horizontal trading range. I am waiting for a bullish breakout of the resistance of the range. 4H candle close above 111.76 will indicate the strength of the buyers. A bullish continuation will be confirmed then. Next resistance will be 112.0 ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
AUDCHF: One More Trend-Following Setup 🇦🇺🇨🇭 Update for AUDCHF. Earlier, we spotted a confirmed daily structure breakout on a daily. The price formed multiple bullish confirmations on a 4h time frame then. First, the price formed a bullish flag and violated its resistance. After that, the price managed to violate a resistance line of a horizontal range. Sentiment is very bullish on the pair. We can anticipate a continuation at least to 0.5775 ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
GBPJPY New Entries + Exits (Best Reverse Strat Ever)My forex course regarding my strategy in full is now AVAILABLE! All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there. The same exact thing goes for resistance sell/break plays!
by ExclusivelyFX
3
US30 New Entries + Exits (Best Reverse Strat)My forex course regarding my strategy in full is now AVAILABLE! All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there. The same exact thing goes for resistance sell/break plays!
OANDA:US30USD
by ExclusivelyFX
6
Will Bitcoin reach $1,00,000 Before 2022?Bitcoin prices were moving upward at the beginning of 2021. But, its investors have seen heavy downfall into May to June. Afterward, it has hiked from 28600 to above 51356 . According to Elliott's wave theory, it's running under the 4th wave. We may see a sideways trend here. Bitcoin is preparing for a solid uptrend ahead. It's a right to jump on Bitcoin for the long-term investment. And the correction can be between the range of 28600 to 50000 because it will start marching for $1,00,000 soon. Kindly note, this target is for long-term investors only. If you're looking for an accurate entry-level, wait for my next update. I'm planning to analyze it on a lower timeframe for the short-term investors. It can be helpful to catch the upcoming correction.
BITSTAMP:BTCUSDLong
by forextidings
8