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EUR/USD Long Setup 1 (Potential) This is the FAMOUS Setup. I call this famous because it happens in a way that if you look at it at the close of NY everyone can clearly see that this market went UP this day. So if the same momentum was to continue then... if the conditions are met, as shown on the chart, we can take a trade in the Long direction. Condition: if the market stayed within this forecasted boxed range. Then and only then, at the Frankfurt open, we can go long and target the areas marked.
by iTradeAIMS
4
Updated BTC/USD Short positionHello, I'm analyzing in H1 timeframe, there are a huge opportunity to put in a short position and I hope confirmation in M30 and H1, ebcause it;'s going to a short position so so long short!!! To earn pips, so this is a simple strategy what I use that mark the Fibonacci, now the price is arrive at 0.618% of Fibonacci and the moment of this publication that price is drop has i mentioned in my previously analysis. Well, there are a nice take profit at -0.278% of Fibonacci or -0.618% of Fibonacci like take profit.
COINBASE:BTCUSDShort
by harisonhbn9718
1
CADJPY is good looking sell ideaFirst of all, we have to wait H1 decision. Price might go to 76.02 resistance level (bounce!), and then continue short or price will continue from current level, but first it has to break lower low level and prove it on H1 timeframe. We assume this trade is clear entry from CAD weakness. Can is getting weaker for a few days long, and its weakness is increasing. Even if you didn't relize weakness, we are here to give you this kinda informations, so you can compare your analysis and ours. So on, we saw from previous day also JPY strenght by this pair, but not much from the other pairs. From other pairs, jpy started push from London session, but declined after Powell finished his speach. This example was at usdjpy which is not currently good for trading, but waiting for following data. So on, we can define trending at cadjpy not marked yet as trend continuation because demand from CAD at 75.300 support level was very strong. From this perspective it's just better to take 100% profit away. Wish you good trading, Elitefxacademy
Short
by EliteFxAcademy
GBPUSD long or short - Supply Demand - h1Hello Traders! Like I mentioned in the last analysis, this is one on the lower time frame. On the h1. Here we can see that we are right now at a h1 Supply Zone. This zone already has some touches which makes it risky to short. Two scenarios: #1 drop from the Supply Zone down to the Demand Zone #2 push higher into the supply zone . Then supply zone became Demand Zone and we will see GBPUSD going up What can we expect It would not suprise me if GBPUSD will break the supply zone, but we need to watch price action That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions. Thank you and we will see next time - Darius.
by DariusFxTrading
3