Long & Short term look at EURUSDif price loses current support, I'd expect a gradual move down to the 2nd Target level, with the End game target being what you'd look for only if price falls thru 2nd target
Price-action
After a nice push USDJPY is ready to retrace back to its zoneBased on historical support zones and current bullish price movement I decided to trade the market because of short term exhaustion. Please set your stop loss at your respectable daily stop loss limit. If you require more room reduce your lot size.
GBPUSD 'W" formation evolvingLooking to see the 'W' Pattern complete then retrace to the key level before rallying upwards.
Keep an eye on this pair and see how this plays out over the week.
Happy Trading
short term selllong term - wait for a breakout, pull back and push out in a direction before taking trade, for with sell or buy trade.
In the mean time we are in a good poisition for a short term sell trade.
GBPUSD Played out INSANEthe 2 entry got triggered. Both in profit , TP1 hit, TP2 so close but thinking in closing it Manually.
it has been may be the most exact trade executed this year.
Analysis was published 2 hours before market opened. can check it on the page.
GBP/NZD Short (please share your thoughts on this)possible set up for the upcoming week
please share your thoughts of this in the comment please helps me out a lot
have an amazing week you all
NZDUSD LONGLooking for my next long position on NZDUSD. expecting for price to pullback before continuing its climb
EUR/USD Sell IdeaBased on many divergences + confluencing with a Daily Base Institutional Pattern. WyckOff also discovered in the change of trend, also looking at price action.
EURO USD BULLISH✅I personally think that price will retrace back to the 1.10 Support zone as its exhaustion phase before pushing up to the 1.115 Area (1st potential Take profit). Highest Take profit target being 1.15 after another retest to relevant support zone (Swing Trade)
A reason for this is because on the daily chart we can see a wick rejection towards the 1.115 Resistance area. Price has been moving in an uptrend after it has broken the 1.10 Resistance area after price has been moving in a range since the start of April.
Let me know if you see any other confluences, if not please tell me why you disagree. Thanks
Forecast: Short opportunity for EURCHF next week.Price for EURCHF has been trading in a range for some time. Now, price is at resistance and a high volatility two bar resistance has formed. This is very significant. I think it will push price downwards to the next support. Whatever happens after that support is left to the market. I expect few pips from this short trade. Somewhat like 50 pips.
Forecast: Short opportunity on EURUSD next weekThis is a eurusd short opportunity for the coming week of trading. I see exhaustion of the bullish trend at the resistance and this is followed by a three bar reversal with momentum and volatility. That means price will most probably reverse. But since the pair is trading in a range, the fall in price would be like 100 pips or less.
XAUUSD GOLD HEADING UPWARDS? You can see the good supports level and resistance
levels in this picture.
Right now gold bounce from this levels
My target is 1800 level.
Possible Short Position For EURUSDFX:EURUSD
Price got to a major Resistance area @ 1.09885 and reversed back down breaking a supporting trendline @ 1.09316 making that a new resistance trendline.
after the retest of the new resistance trendline above, the expectation is that price would return to the major support area around 1.07800
Do Market Makers fill the gap next week?As always, idk what I'm doing. Just want to save this idea for the future. Let's see how it plays out. Let me know if you think I am way off base, or don't know anything.
RSI headed south while price still moving up slowly. Will the MMs fill that gap next week only to push it up again?
Looks like MMs averaged down in price earlier this week. May happen again before a move up to level 3
