GBP/AUD ShortGBP/AUD Short
• If price pushes up to and ideally just above our area of value and it doesn't do so impulsively, then I'll be looking to get short with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or just below a one hour rejection from it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
Trade
GBP/USD Forecast: Analyzing the Future OutlookOver the course of the past two weeks, the GBPUSD currency pair experienced a pronounced decline, breaching the pivotal monthly support at 1.2448. Notably, there was a subsequent rally to retest this critical level during the Friday session of the preceding week, following the initial breach observed on Thursday. In the upcoming trading week, our strategic outlook is anchored on the potential for a price resurgence, with an aim to revisit and validate the 1.2448 level before anticipating a subsequent descent, as indicated by the directional arrow.
GBP/JPY Forecast: Analyzing the Future OutlookThe asset in question is currently adhering to a prevailing downtrend, exhibiting a prolonged phase of consolidation. Notably, it has recently dipped below the support level observed in the previous two weeks, located at the 184 area. In the upcoming sessions, our strategy revolves around the potential for a price rebound, targeting the 180.4 threshold as a prospective entry point for short-selling positions. We will closely monitor price behavior at this level; should it maintain resistance, we anticipate a subsequent descent, with an objective set to ride the downward momentum towards the 182.7 area.
EUR/USD Forecast: Analyzing the Future OutlookFollowing the interest rate decision, we observed a pronounced sell-off within the market. This resulted in a decline to the significant monthly support level at 1.0635. In the forthcoming period, our outlook is anchored on the potential for a price resurgence towards the 1.0686 vicinity. The critical juncture will be the price's behavior at this level; if it adheres to resistance, it may lead to a subsequent descent, with the ultimate objective of breaking below the pivotal 1.0635 support level.
EUR/JPY Forecast: Analyzing the Future OutlookThe EURYEN demonstrated commendable adherence to our established trading range throughout the previous week. In the upcoming week, our primary focus will be on the potential for an upward rally, as denoted by the directional arrow, where a formidable resistance level resides. In the event that the price maintains its position below this resistance threshold, we anticipate a subsequent downturn, potentially leading to a descent towards the 156.86 price region.
EUR/USD Short and USD/CAD ShortEUR/USD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/CAD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EURUSD dsily say= it can go to 1.1000 then 1.17000ONLY FOR PRO FOREX TRADERS =2 scenario can happen
when you see buy pinbar on 1h/4h/daily don't fear pick buy with SL in pinbar low,ok
advice=90% looking buy for next 6 month , when eurusd start go up, don't pick sell(very dangerous)
when your buy goes to profit,don't close it soon, wait minimum 1.1000(filo 61)
wish you big profits
Contrasting Trends, Caution AdvisedIt is crucial to have a good grasp of how to interpret the market before making any trades.
Although the current pound dollar movement leans towards bearish, the weekly chart indicates a positive trend.
To capitalize on this, trend traders should sell, while counter-trend traders can take advantage of a shorting opportunity at 1.2317.
The buy zone lies between 1.2313 to 1.2689, with a weaker bullish movement on the weekly chart.
Remember to always conduct your own analysis and avoid blindly following others. If you're interested in learning more, feel free to chat with me.
USD/CAD Long and GBP/NZD ShortUSD/CAD Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/NZD Short
• If price corrects and a larger one hour flag forms, then I'll be looking to get short with a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EUR/USD Short and USD/CAD LongEUR/USD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/CAD Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
HINDUNILVR--@Support??This stock has consistently found support around the 2500 level on multiple occasions. Currently, it appears poised for an upward move.
If it opens lower, the likelihood of a continued downward trend is relatively low. Even if the price were to break below the support, it may not be a signal to initiate a short position. The probability of an upward move remains favorable.
Consider maintaining a long position in anticipation of potential upside
EUR/USD ShortEUR/USD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EUR/USD ShortEUR/USD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EURAUDEURAUD is trading in descending channel and printing consistent LLs LHs. Currently the price is broken the important support zone then any retest of broken level will be another sell option.
If the sell momentum continues the next target could be 1.6550 region.
What you guys think of this idea