Get started

Forex market

EURNZD - Sell Opportunity After Support BreakOANDA:EURNZD has broken below a key support zone and is now retesting it, which may act as new resistance, aligning with a potential bearish continuation. If sellers confirm resistance at this level, the price is likely to move downward toward the 1.80600 level, which represents a logical target for this setup. Conversely, a failure to hold resistance could suggest a potential bullish shift. Traders should monitor for bearish confirmation signals, such as bearish engulfing candles or increased selling volume, before considering short positions. Let me know your thoughts or any additional insights you might have!
Short
by DanieIM
Lingrid | GBPJPY short Opportunity from CONFLUENCE ZoneFX:GBPJPY market made an impulsive leg followed by a pullback. The price broke and closed below the 191,000 level before pulling back to retest it. Subsequently, the price broke above the previous day's high but formed a double top in this area. On the 4H timeframe, we can observe a long-tailed bar, indicating rejection at this level. I anticipate that the price will continue to move downward, retesting the recent support level, and I expect the weekly candle to close as a full-body bearish candle. My goal is support zone around 189.000 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
6
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
Long
by syomking76418
Short Analysis on USDSEK (1H) Intraday Today we analyze a short trading opportunity on the USDSEK exchange rate, with an hourly time frame (1H). Market conditions and indicators suggest a possible decline in the price towards the support level, presenting a good risk/reward ratio. Let's look in detail at the key parameters of this trade. Entry Strategy Short Position: Our entry is planned around the 10.7140 level, with the price recently showing signs of weakness. The resistance zone has been tested several times, which suggests a possible reversal. Stop Loss: Our stop loss level is set at 10.7430, which is approximately 43 pips above the entry price. This level was chosen to protect the position from adverse movements, as it is above the immediate resistance level. The distance from the stop is calculated considering the volatility and recent behavior of the market. Take Profit (Target): The target is set at 10.5941, a significant support level that has already shown resistance in the past. This implies a possible decline of around 120 pips, with a risk/reward ratio of around 3.36, which makes this trade particularly advantageous in terms of reward-to-risk. Trade Management and Indicators Alligator: The Alligator indicator, used to determine the medium-long term trend, confirms a bearish market condition. The Alligator lines indicate that the market is in a consolidation phase, with a potential recovery to the downside that supports our short position. WaveTrend SwipeUP: The WaveTrend, shows that the bearish pressure is increasing, suggesting that the price could continue to decline in the short term. Conclusions In summary, this short trade on USDSEK is supported by a solid technical setup and a good risk/reward ratio. With the right stop loss and target, the position has great profit potential if the market moves in our favor. We monitor the price and indicators closely, ready to adapt to any changes in market conditions. Happy trading and always remember to manage risk!
Short
by Andrea_Russo_SwipeUP
USD/SEK LONG: Bounce Zone Investors are currently focused on USD/SEK, which is oversold across multiple timeframes: 1H, 4H, 6H, 10H and 1D. This suggests a possible reversal in the trend, offering interesting buying opportunities for traders looking to capitalize on a potential bounce. Technical Analysis: Bounce Signals Oversold across multiple timeframes highlights excessive bearish pressure, which could lead to a technical bounce. When an asset is oversold simultaneously across such large timeframes, a short-term price recovery is likely as sellers begin to run out of steam. Key Support on 1D Alligator Additional support for the bounce hypothesis is the USD/SEK position against the 1D Alligator. Currently, the price is at a critical support formed by the Alligator moving averages. This indicator, developed by Bill Williams, is known to identify trends and reversals with good reliability. When the price approaches the Alligator support, a buyer reaction can be expected, leading to a rebound or even a reversal of the downtrend. Trading Strategy: LONG on USD/SEK Considering the oversold and support on the Alligator, a LONG strategy on USD/SEK seems justified. Here is how to set it up: The USD/SEK is in a technical configuration that favors LONG positions, supported by an oversold condition on multiple timeframes and solid support on the 1D Alligator. However, as always in trading, it is essential to monitor the price action and adapt the strategy according to the evolution of the market. A disciplined approach and adequate risk management remain key to capitalizing on this potential USD/SEK bounce opportunity.
Long
by Andrea_Russo_SwipeUP
GBPCAD is ready to push againNo comment needed. All information is in the chart analysis. Steps to follow: Analyze yourself. Take the position with SL and Take Profits. Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :) Get the result. I will update the trade every day. Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger! Good trades, Traders! The golden bear
Long
by thegoldenbear
NZDUSD Ready for a Bullish MoveHello Traders In This Chart NZDUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (NZDUSD market update) 🟢What is The Next Opportunity on NZDUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
EURNZD Long From SupportHello Traders In This Chart EURNZD 4 HOURLY Forex Forecast By FOREX PLANET today EURNZD analysis 👆 🟢This Chart includes EURNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
GBPNZD Pushing itself in a buy directionHello Traders In This Chart GBPNZD 4 HOURLY Forex Forecast By FOREX PLANET today GBPNZD analysis 👆 🟢This Chart includes GBPNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
EURUSD is Ready for a Long BullHello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
CHFJPY is in the Buying DirectionHello Traders In This Chart CHFJPY HOURLY Forex Forecast By FOREX PLANET today AUDCAD analysis 👆 🟢This Chart includes_ (CHFJPY market update) 🟢What is The Next Opportunity on CHFJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
EURUSD BUY TRADE SETUP🔥 Scenario 1: BUY Setup – If Smart Money is Reaccumulating (Valid IF price retraces into demand zone and confirms bullish continuation.) 📌 Key Confluences for Buys: ✔ HTF Bullish Structure Shift (BOS) Confirmed Above 1.0450. ✔ Unmitigated Bullish Order Block (OB) at 1.0400 - 1.0420. ✔ Liquidity Grab Below 1.0400 Triggers Smart Money Entry. ✔ Discount Zone (1.0350 - 1.0400) Ideal for Institutional Buys. ✅ Buy Plan Entry Zone: 1.0400 - 1.0420 (Institutional Demand Zone). Stop Loss (SL): Below 1.0350 (Safe from stop hunts). Take Profits (TPs): TP1: 1.0480 (Break-Even Point). TP2: 1.0500 (Liquidity Target). TP3: 1.0550 (Extended Target). Trade Type: Swing / Reaccumulation Play. Confidence Level: HIGH (If liquidity grab confirms). 🔹 Execution Strategy: ✔ Option 1: Aggressive Buy → Limit Order at 1.0400. ✔ Option 2: Confirmation Buy → Wait for BOS above 1.0450, then enter on pullback. ALTERNATIVE: 🔥 Scenario 2: SELL Setup – If Smart Money is Distributing (Valid IF price sweeps above 1.0500 and rejects bearish.) 📌 Key Confluences for Sells: ✔ Bearish Order Block (OB) at 1.0500 - 1.0550. ✔ FVG at 1.0480 - 1.0500 That Needs Mitigation. ✔ Sell-Side Liquidity Below 1.0350 – Next Target Zone. ✔ If 1.0350 Breaks, Extended Target = 1.0300 - 1.0250. ✅ Sell Plan Entry Zone: 1.0500 - 1.0550 (Institutional Supply Zone). Stop Loss (SL): Above 1.0570 (Safe from stop hunts). Take Profits (TPs): TP1: 1.0400 (First Liquidity Pool). TP2: 1.0350 (Major SSL Target). TP3: 1.0300 - 1.0250 (Extended TP). Trade Type: Intraday Short / Liquidity Grab Setup. Confidence Level: MEDIUM (Needs Confirmation at Supply Zone). 🔹 Execution Strategy: ✔ Option 1: Aggressive Sell → Limit Order at 1.0500 - 1.0550. ✔ Option 2: Confirmation Sell → Wait for bearish BOS under 1.0450, then enter on pullback. 🚨 STRICT SMART MONEY RULES 🚨 🔴 NO BUY IF: Price fails to reclaim 1.0400 (Risk of further downside). No liquidity grab occurs below 1.0400 (Means Smart Money hasn’t accumulated). 🔴 NO SELL IF: Price fails to sweep 1.0500 - 1.0550. Price aggressively breaks back above 1.0570 (Confirming bullish momentum). 🔥 FINAL INSTITUTIONAL DECISION – TRADE OR WAIT? 🔸 Ideal BUY: If price sweeps 1.0400 and reclaims bullish. 🔸 Ideal SELL: If price sweeps 1.0500 and rejects bearish. 🔴 NO TRADE? If price stays between 1.0450 - 1.0500 (No liquidity grab). 💡 Summary: Trade Like Banks, Not Retail! ✔ Smart Money ALWAYS operates around liquidity grabs and inefficiencies. ✔ We never force trades—we let price confirm its direction first. ✔ Institutional patience = Institutional profits. 💯 Now, we WAIT and EXECUTE like a hedge fund! 🚀🔥
Long
by jibkhan111
USDCAD SELL SETUPSELL Setup – High-Probability Trade (Valid IF price retraces into a premium zone & confirms bearish rejection.) 📌 Key Confluences for Sells: ✔ HTF Bearish Trend Confirmed. ✔ Unmitigated Bearish Order Block (OB) at 1.4250 - 1.4300. ✔ Fair Value Gap (FVG) & Mitigation Zone at 1.4230 - 1.4260. ✔ Premium Zone = Institutional Sell Area. ✔ Next Target = Sell-Side Liquidity Below 1.4150 & 1.4100. ✅ Sell Plan Entry Zone: 1.4230 - 1.4260 (Institutional Supply Zone). Stop Loss (SL): Above 1.4320 (Safe from stop hunts). Take Profits (TPs): TP1: 1.4150 (First Liquidity Pool). TP2: 1.4100 (Major SSL Target). TP3: 1.4050 - 1.4000 (Extended TP). Trade Type: Intraday / Trend Continuation Short. Confidence Level: HIGH (Strong HTF Confluence). 🔹 Execution Strategy: ✔ Option 1: Aggressive Sell → Limit Order at 1.4230 - 1.4260. ✔ Option 2: Confirmation Sell → Wait for bearish BOS under 1.4180, then enter on pullback.
Short
by jibkhan111