🔸4H CHART EXPLANATION: . . 🔸This pair has been on a huge corrective move for the last months. . 🔸Our view is not ready yet, but we are waiting for a bullish breakout of the Ascending Trendline. . 🔸If that happens, then we will look for a corrective move to get involved. . 🔸The bullish target is the Resistance Zone.
AUDNZD reached 50% fib level, and could nicely form an head and shoulder...nice set up for a short position
🔸DAILY CHART EXPLANATION: . . 🔸Last week we posted an idea talking about this pair when it was facing the Support Zone, and we were waiting for a definition. . 🔸Now, we can observe that price is breaking the Support Zone to the downside. . 🔸If it consolidates below, we consider that it has bearish potential towards the next Support Zone at 101.300. . 🔸Will look...
EURCHF long bias for me, broke resistance and aiming to retest soon support at 50% fib lev
50% lev reached with good confluence and ready to short this set up, nice RRR
US500 - Intraday - We look to Sell at 3382 (stop at 3401) Price action has formed a bearish ending wedge formation. 200-hour EMA is at 3388. Bespoke resistance is located at 3385. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. A higher correction is expected. Our profit targets will be 3322 and 3302...
🔸4H CHART EXPLANATION: . 🔸Price bounced at the Resistance Zone and it is moving on the edge of the Descending Trendline . . 🔸We observe that yesterday there was a breakout, but given the volatility due elections we don't consider it as a clean one. . 🔸We are waiting for a clear breakout and a consolidation above the trendline before considering any setup here....
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Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Very bullish price action and closure! 4 HOUR Bullish market pressure with good long entries. DAILY Overall very strong market structure. - FOREX SWING BUY EURCHF ENTRY LEVEL @ 1.07000 SL @ 1.06740 TP @ 1.07390 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave...
🔸 WEEKLY CHART EXPLANATION: . . 🔸Price is on a downtrend since 2017. . 🔸At this moment it is facing the Descending Trendline. . 🔸We can observe that there is on a consolidation, so, we are waiting for a clean move here. . 🔸In case of a bullish breakout, the potential target is the Resistance Zone, and, in case of a bearish bounce, the target is the Support Zone.
Price at the 78.70 level, will price find the resistance or breakthrough and move up. Here is my setup
price formed a channel last week, after using my fib i expect price to get to my resistance level then continue to bearish move !!.. note wait for price to get to that resistance first before you think of taking the sell decision
750 pips setup, ENTRY POINT 74.696 , Take Profit 67.314 Like means Support :: and Follow Me Fore more :: check My 10 Last Winner SETUPS
AUDNZD reached an important support level with RSI convergence, ready to go long after breakout confirmation
1000 pips setup, ENTRY POINT 0.95164 , Take Profit 0.85253 Like means Support :: and Follow Me Fore more :: check My 10 Last Winner SETUPS