We’re taking a short position on EUR/USD on the 30-minute timeframe, driven by the recent release of the U.S. Core PCE data, which came out neutral at 0.2%. This data supports the narrative of a strong U.S. dollar, contributing to further downside potential for the euro, which is already trending downward. Key Levels: • Entry: Positioned after the release of...
This trade is based on the 1-hour chart of Bitcoin CME Futures, where the price has retraced to the 0.7 Fibonacci level, signaling a potential upward move. We are looking for a bullish continuation to push the trend through the Sunday open, aiming for a higher target as the market gains momentum. Key Levels: • Entry: The trade is initiated near the 0.7...
We are entering a long position on Gold (XAUUSD) on the 1-hour timeframe after a significant retracement and consolidation near the lower support zone. The recent price action suggests a potential reversal, presenting an opportunity to capitalize on a bullish move. We aim to position ourselves for upward momentum as we prepare for market dynamics leading into...
After a retracement to the 0.5 Fibonacci level, we are looking for a continuation of the downtrend on the EUR/USD pair. The target is to reach the 1.11000 area, where potential support may emerge. This trade is set on a 5-minute timeframe, aiming to capitalize on short-term bearish momentum. Key Levels: • Entry: Positioned after the retrace to the 0.5 Fibonacci...
Following the break below the Sunday open, the Asian session continued to drive the price downward, successfully hitting our full take-profit target. Key liquidity levels were taken after the pair ranged for two days, providing an ideal setup for our short position. The break of structure signaled a strong entry point, aligning with the rebalancing of price action...
EUR/USD Long Position Targeting Sunday Open Setup Overview: This trade is based on a 30-minute chart where EUR/USD is positioned for a potential bullish move. The pair has recently shown strong support at the lower zone, and I’m targeting a rally towards the Sunday open, which aligns with the upper resistance level visible on the chart. Key Levels: • Entry:...