Buyers will wait to enter a rebound trade from 1.3700, outlook remains solid for bulls. Good luck with your trades.
The price is at the beginning of the next impulsive move. Watch for break out before selling again. Set your pending orders to the downside. Happy Trading!
Good morning traders, today we bring you a long-term analysis of the AUD/JPY pair, since it is in a critical zone. 🔸Speaking a bit of context, we see that this year the price broke up the Bearish Channel, which is a strong bullish signal. 🔸After that break, there was no interesting Supply Zone, so it had a clear path to the current price level. 🔸The area that...
Setup: Support and resistance retracement Sentiment: Bearish Trend: Bearish Expectation: Price to bounce of previous high resistance level and move down hitting various support levels with a possible move to previous low or continuing the bearish nature and moving lower.
A quick update before we switch off for the evening before an early start on the markets in the morning. Our AUDJPY trade which was entered this morning hit our Take profit target for a total of 70PIPS!!! A massive gain on our capital this week. But once again were staying humble and will continue with the grind first thing tomorrow morning. Keep your eyes pealed!...
Gold has and yet again rejected from resistance. Target in view is 1750 to the downward. Good luck with your trades.
Good morning traders! Today we bring you a long-term analysis of the GBP/AUD pair, along with a short-term vision to show you where we recommend taking a bullish position in case you are looking for a trade in that direction. 🔸The price has been in a bullish channel for four years, and a few weeks ago we saw a retest of it. 🔸From there, the price generated a...
the price is in the downtrend since last April and hitting the lowest of March 2018. As the fud is going to accept Bitcoin as a new currency and Dollar is going to die. In my opinion, it is not going to happen for almost a decade. So going long on USDCAD
GBPJPY has a perfect uptrend to trade on a pullback and ride on the trend for further highs. A buy entry at 147.95 would be the best opportunity. Good luck with your trades.
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Good morning traders, today we bring you the analysis of the GBP/USD, which, although it is indisputably bullish, it is good to know where to be careful in this move. 🔸Speaking a bit of context, we see that the price broke the Descending Trendline and the Resistance zone. 🔸After that, it generated a consolidation that lasted a few days. 🔸By breaking it to the...
Welcome to our weekly trade setup ( CADJPY )! - 1 HOUR Very bearish market open! 4 HOUR Overall turning market structure..expecting more downsite. DAILY Expecting prices to push towards previous lows. - FOREX SWING SELL CADJPY ENTRY LEVEL @ 83.380 SL @ 83.800 TP @ 82.800 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different...
Good morning traders, today we bring you an analysis and potential setup of what we would expect in the EUR/GBP to be able to trade the downtrend. 🔸Before explaining what we are looking for in this pair, we will focus on analyzing the context and showing you why we consider that the downtrend is still in force. 🔸After the break of the bullish channel, the price...
IF it finds decent closures and support on the H4 level or above it. You could place stop at H3 and target H5 and H6 Camarilla pivots and CPR - weekly levels
I noticed this setup at the market open. I thought I would share some of my thought processes when entering a trade.
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Waiting for the completion of the harmonic to play out down to the .786 where i plan on filing a long with TP1 at the .382 and tp2 .618 from there i will trail a SL for the remainder *Subject to change of course pending market conditions . Will update as my alerts go off . Plan the Trade , Trade the Plan Posting Setups Daily ....Drop me a follow or have a...
Multiple support levels price broken major trendlines... Solid trade :-)