JP225USD 1-Hour Chart Price action pullback with pinbar at a confluence area: resistance zone, trendline, and ema. Expecting to drop to first target price @ 20350 Enter SHORT @ 20560 Stop Loss @ 20725 Target 1 @ 20350 Target 2 @ 20250 Target 3 @ 20100
🔸 4H CHART EXPLANATION: . . 🔸 Price is facing the Resistance Zone. . 🔸 The Bullish Scenario will be active if the zone is broken to the upside, and the potential target is the Resistance Zone at 0.87000. . 🔸 The Bearish Scenario will be active if price bounces at the Resistance Zone, and the potential target is the Support Zone at 0.83000. . 🔸 Will look for a...
FX:GBPUSD at a key resistance zone on the 4H chart Trend: Bearish Enter SHORT @ 1.85475 Stop Loss @ 1.8705 Target 1 @ 1.83825 Target 2 @ 1.829 Target 3 @ 1.815
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
There is a bearish pressure on GBPUSD and with an expected stronger dollar, we will be taking this sells with a R:R of 1:3. On the technical, you can see the rejection from the previous daily high levels and a break below a certain support region.
🔸 4H CHART EXPLANATION: . . 🔸 Price is on a downtrend. . 🔸 The Support Zone has been broken and the potential target area of the downside move is the Ascending Trendline. . 🔸 We observe that price has been consolidating on a little range for the last hours. . 🔸 We consider that, if the range is broken to the downside, then the Ascending Trendline could be...
Japan Nikkei 225 at a key support level while trending up on the 1H chart. Enter LONG @ 20750 Stop Loss @ 20620 Target 1 @ 20985 Target 2 @ 21085 Target 3 @ 21250
Hello guys, USDCAD is providing us with a good buy setup, the risk to reward ratio is very good right now. We can see the dollar (DXY) index is in strong support looking to shoot up, this is a plus confirmation to long the USDCAD pair. Don't forget to secure a partial profit in case our target is not reached. Good luck with your trade✊.
This is the DAX30 chart on the hourly time frame. We can see a Wave 3 up and a wave 4 sideways. The 4 might stay sideways all day today Which could be a good thing if you ask me. Because that would increase the chances of a Strong Wave 5 breakout tomorrow. Or later today during US session. If not today then tomorrow during European Session Open. that is...
🔸 4H CHART EXPLANATION: . 🔸 Price has been moving on a range for a few weeks. . 🔸 Right now it is facing the Resistance Zone, which was tested multiple times and could not be broken. . 🔸 If price bounces, it has potential to reach the Support Zone again, and, if it breaks to the upside, then it has potential to make an upside move towards the Resistance...
- Last week the market was in a consolidation area being indecisive. By the end of the week it had make two exhaustion on daily with inverted hammer. - This week we look to sell as the market makes a decision to weaken - 4HR we have selling in the market as it creates an engulfing
🔸 4H CHART EXPLANATION: . . 🔸 Price is on an Uptrend. . 🔸 It has broken the Confluence Zone between the Descending Trendline and the Resistance Zone. . 🔸 We consider it has potential to reach the Resistance Zone. . 🔸 Will look for a lower timeframe bullish setup. 🔸DAILY CHART ANALYSIS:
as per chart we can see long setup fro swing or short term position, add in your Watch list, wait for confirmation.
Hypothetical scenario: (1) Entry @ 1.21890 (Sell Limit) (2) Stop Loss @ 1.23980 | 209 pips (3) Target 1 @ 1.19370 | 252 pips | 75% closure | SL to Break-Even (4) Target 2 @ 1.16870 | 502 pips | 100% closure Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational...
If this 2H candle can close Bearish, it will have successfully created a zone that i personally trade. Looking for a Pinbar or Bearish Harami for confirmation. If the 2H closes bullish it invalidates the trade so don't be trigger-happy and just wait for the candle closure. I have trade set for a smaller TP but i do see this long-term going down a few-hundred pips.
The dollar cad is presenting a really sweet formation for a skyrocket move. IF it breaks above the box. the long has a clear target 1 and 2. Lets watch it.
Hello Traders, Here's my analysis for EURNZD, keep in mind that this can go the other way around, it is still a good projection.