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GBPUSD: Key Support Ahead! 🇬🇧🇺🇸 As I predicted, GBPUSD dropped sharply last week. Ahead is a strong confluence zone: I see a perfect match between a horizontal weekly support based on the 2 years' low, major falling trend line and a completion point of a harmonic abcd pattern. I believe that the pair will start a correctional movement soon. Closest resistances 1.16 / 1.17 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
5
USDJPY: The Long-Term Goal 🇺🇸🇯🇵 This August was very bullish for USDJPY. The monthly candle closes in just 13 hours, and we see a very cute bullish engulfing candle on the chart. I want to remind you, traders, that we spotted earlier a confirmed violation of 20 years' high. We concluded that such a violation will push the pair much higher. I believe that the next long-term goal for buyers is 146.0 - 147.6 resistance, based on 25 years' high. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
5
AUDNZD: Important Structure Breakout 🇦🇺🇳🇿 Important thing happened this night on AUDNZD pair: the price broke and closed above a wide daily supply area. The broken structure turned into a support now. The next goal for buyers is the narrow area around 1.128 level. It is based on a key monthly structure and 5 years' high. I will be patiently waiting for an occasional retest of the broken structure to buy AUDNZD. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
5
TTITechnical only : Adding to my watch list in order to get a direction from the market. There is a positive and a negative scenario. Positive scenario - W pattern - Our first entry will be above 4.20 and our second entry will be above 4.50 with potential target of 5.75$. The negative scenario - Below 3.76$ we will jump in to short position and even increase my holding if we will break the important 3.55$ level. Our potential target will be 2.7 and than 2.35. DYOR 🙊🍒 Manage your own risks
NYSE:TTI
by SharonSwingHalleluya
GBPUSD BULL MOVEHere we can see a nice cup and handle pattern formed on the 4HR and 1HR chart which is more confirmation of my earlier analysis on the WEEKLY time frame. I personally use the 15M time frame for execution and entry and use the 1HR for perspective of momentum throughout the day. As you can see I have lined up entry point and TP points on the 15M time frame. The expectation from my point of view is that smart money will do a liquidity sweep and take SL from retail traders that bought the price at the low before the price enters into a strong bullish trend. So that is why my entry is at a low price in expectation of this but as traders we all know its a game of probabilities not certainty so I will be monitoring the market open tonight closely to see how the market is reacting. If price moves and hits both TP then I would then wait for the breakout of the cup and handle line and enter the trade again.
Long
by Kbiz_fx
GBPCHF: Important Breakout & Bearish Continuation 🇬🇧🇨🇭 Hey traders, GBPCHF is trading in a global bearish trend. The pair started to consolidate in July and was stuck within a narrow range for 6 weeks. Yesterday, bears finally managed to break and close the range's support. I believe that the price will keep falling now. Next goal - 1.141 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
11