Eleazarahmath

Eleazarahmath

This is a swing buy aiming for 200 pips ish Use proper lot sizes and risk management

Eleazarahmath Updated 

With the fear of a US recession coming I believe the US dollar will be significantly weaker compare to its peers in the upcoming weeks, stay alert for updates.

Eleazarahmath Updated 

Although fundamentally speaking the USD is stronger than the NZD which make it more logical to sell the pair than to buy. This buy is based on short term trade, and base on the support level price is approaching. If you are taking this trade you need room to let it breathe 30 to 50 pips stop loss.

Eleazarahmath Updated 

Price is currently attempting to break 1.285 if it does indeed, this sell is for sure going to happen. Although the buyers are in control right now, but not for long!! Swing trade Sellers let's conquer!!!

Eleazarahmath Updated 

Although the bulls are in control, the 4h chart shows a turn around is possible base on the fractals that were formed, I expect the bears to return and take over soon.

Eleazarahmath

After a strong impulsive move in the bulls direction the market is now showing lack of momentum on the buyers side, i believe this was be a major sell with the help of the BOE rates tomorrow.

Eleazarahmath Updated 

Entry Point: Buy at 1.3665 Stop Loss (SL): 1.3618 Take Profit (TP) Levels: TP1: 1.375 TP2: 1.378 Technical Analysis: The 1.3665 level has proven to be a strong support zone, as evidenced by multiple failed attempts to break below it (multiple wicks formed). This indicates strong buying interest at this level. Fundamental Analysis: Current inflation numbers...

Eleazarahmath

Sell 0.672- 0.6725 There is no clear pattern that shows the bears are getting weaken, I do see price going up before sellers return, as shown on the chart, our sell entry zone is rejected multiple times as support which now turns to resistance

Eleazarahmath Updated 

Today, the AUD/USD pair experienced an unexpected downturn during the closing hours, likely influenced by political rumors involving Biden and Trump. Despite this dip, the recent breach of the support zone is identified as a false breakout, and the overall trend remains bullish. Entry Point: Buying at 0.6672 Stop Loss: 0.6622Take Profit: 0.6740 Key Insights:...

Eleazarahmath Updated 

I love the current price level, support level and multiple wicks have rejected that zone.

Eleazarahmath Updated 

We price is a previous support, great buying opportunity likely will take profits and close before Powell speech which is at 12 pm eastern.

Eleazarahmath

I believe this bullish movement is only temporary and price is reaching a previous support for sellers to come in.

Eleazarahmath

We look to Buy at 0.9718 Setbacks should be limited to yesterday's low Short term bias remains bullish The bullish engulfing candle on the 4 hour chart the positive for sentiment Dips continue to attract buyers 0.97193 is at the golden Fibonacci

Eleazarahmath Updated 

Putting a sell at the 1.2818 zone which is a major resistance at the 4h time frame SL and TP is on the screen Another confirmation is the RSI being overbought

Eleazarahmath Updated 

Although the 1 hour shows bearish momentum I believe buyers still have control of the market the news yesterday was a short term affect, we will close this trade by Friday, today is holiday so expect so volume.

Eleazarahmath Updated 

Price is currently at support level as seen on the chart 4h time frame The risk to reward is very promising with this trade We likely will.keep this trade open for the next 2 days good luck!

Eleazarahmath Updated 

As we can see price is at major support level, I expect the bulls to return from there and bring price back to the resistance where our take profit is

Eleazarahmath Updated 

Tomorrow is another key news trading event this whole set up is based on the PCE tomorrow if you cannot afford the risk then do not take this trade I predict the PCE data tomorrow will be dovish for the USD pair tomorrow. the risk to reward is extremely in our favor even if the data is bad and we take the lost it will only be an 18 pips lost, where as the profit...