Hourly
gbpcad h1 - longGBPCAD H1 - LONG
Another way we could look to LONG GBPCAD is if prices find support at this level, showing us strong bullish momentum.
After which, we could potentially play a limit order to catch a pullback trade as well. Same TP area, but with a different SL level. We will get to that again if this happens.
EUR/USD | December 2, 2020hey guys, this is EUR/USD analysis that i expect the price will grown up again after a pull back, but we have to wait for the confirmation on touching the strong Support level... in monthly time frame we can see the big and old resistance level that broken and it's now gonna be a good support zone.
in weekly time frame we can see that resistance level on 1.23456.
in daily time frame i found a strong support zone.
in 4 hour time frame:
Good luck guys, this is just my analysis, i'm new in Forex and there's a lot of things that i have to learn.
I have been learning Forex for 1 month now.
eur usd hourly short ideain next few hours we will have some reports from us that i predict that it gave us some mixed trading bias but about this trade i just felt the price is in over bought situation and i saw candle stick pattern so i decided to go in , with a good money management even if this trade reach stop loss still looks like a good risk ...
good luck !
Eur/Usd: 1 Hour Chart - Oct. 12 2020 ShortAfter gapping down at the weekly open, the Euro tested 1.18300 (last weeks high) after a FBO of the consolidation range (1.18100-1.18200). The market then dropped into the 4 hourly support region (1.17800-1.1800) and has retraced to the lower end of our initial consolidation range (1.18100-1.18150). According to our fibonacci wave count, a rejection of this region will take the Euro back to daily support (1.18000-1.17900 or (EI)), if support breaks the Euro can retrace further towards channel support && demand levels ((EII) or 1.17800-1.17300 region).
CONFLUENCES:
*Rejected weekly gap down
*Creating lower lows on hourly
*4 hour bearish candle wick vulnerable
*Buyers momentum receeding above 1.1800
AUDJPY 60 PIP SELLAUDJPY showing great potential for a 60 pip drop. We currently have a strong support level which has already rebounded off twice. The 0.50 fib level also fits the line of support very well which further makes me think that the price will once again reach this price. During this time a double top formation has also formed with a very strong neckline on the same support. With price dropping below the 50 EMA and the 10EMA crossing the 50 I can now see the momentum shifting to the downside. TP is set at the 0.50 fib level and SL in line with the double top.
CHF/JPY H1 and M15 Analysis (Technical)In this example, if we see a Higher High and Higher Low on the M15 we can expect the price to continue to the upside. If it shows a Lower High and Lower Low on M15, you can consider shorting a position and take profit on some of the support and resistance lines/zones I have drawn. As we can see, the price is currently in the major resistance zone. Do your own due diligence!
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EURUSD H1 Analysis (Consolidation?)Have a look at my analysis for the hourly on Euro-Dollar. It seems to have gone back into its consolidation channel where the market is subtlely indecisive. Let us wait and see whether the bulls or bears will win over the next few hours before having a clearer picture and better analysis.
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UsdCad Hedge tried to catch a DXY correction thats probably not going to end up working out. This trades to cancel out my last EU idea and get back inline with my broad view of DXY, bearish
Should have stops to BE before dxy gets to 93.5 incase its going to hold there. this is the only active trade. new DXY chart will come out soon