EUR USD BUY Setup EUR USD continues uptrend after breaking a descending channel on the 4 hour timeframe, turning a bearish trend to a bullish trend. Buying confirmation Bullish break and retest + Fib Retracement level Entry confirmation 1 hour Bullish Engulfing candlestick Risk to Reward 1:3 Risk 20 pips Targeting 60 pips
Entry confirmation Doji and Close below Sell GBP USD SL: 1.23858 TP: 1.22633 Risk: 30 pips Target 90 pips RR: 1:3 🔥⏰
On the 4-hour timeframe, GBP USD has formed a bearish break and retest pattern, which aligns with the 0.50–0.618 Fibonacci retracement levels. Clean 👌🏻🔥
On the daily timeframe, GBP USD has broken below a key support level, which has now turned into resistance. and the price is currently rejecting this level. We will focus on selling opportunities by analyzing the lower timeframes for entry patterns and confirmation.
EUR USD Entry Setup 1 hour timeframe On the 1 hour timeframe EUR USD has formed a supply level + a Double Top pattern at the supply level, now we wait for candlestick pattern for entry confirmation.
EUR USD has broken a major key support level on the 1 hour timeframe forming a breakout and a retest pattern. Lets wait for the price to pull back to the retest level then enter based off solid candlestick confirmation pattern.
EUR USD is bouncing from a support level after forming a Double Bottom Pattern. DXY US dollar Index is also dropping from a supply level after forming a Double Top Pattern. This trade is targeted to a RR: 1:2 - 1:3
EUR USD Entry Setup 1 hour timeframe ⏰🔥 Fib Retracement Level
EUR JPY has formed a break and retest pattern breaking a key support level and retesting it turning support into resistance. So we will be looking for selling opportunities to get our entry lets scale down to the lower timeframe to identify patterns and entry confirmations.
30 mins Supply Zone Lets wait for price to pull into the 30 mins supply zone, we will enter based off candlesticks confirmations.
CAD JPY has tapped into a daily resistance level that was previously a support level. we will be looking for selling opportunities to get our sell entry lets scale down to the lower timeframe to find pattern and confirmations.
GBP USD has tapped into a Daily Demand Level around price 1.27000, and the price is showing signs of weakness as DXY US Dollar Index tapped into a Daily supply level. So we will be looking for buying opportunity from the lower timeframe.
EUR JPY has broken through a major resistance level, which has now turned into a support level, forming break and retest pattern on the daily timeframe. We’ll be looking for buy entries from the retest level. to get our entry, let’s scale down to lower timeframes to identify chart patterns and candlestick confirmations. 📉🔄📈
OANDA:EURUSD Today's Trade EUR USD, SL: -20 pips Profit +22 pips
EUR USD Entry Setup 1 hour timeframe. The price has been bouncing from a trendline breaking a previous high and currently retesting it entry is taken on the retest level. Do you think EU will buy ?
EUR USD is currently sitting on a Daily Support level and the price is showing signs of bullish momentum by forming a bullish Engulfing candlestick, so we will be looking for buying opportunities. To get our buy entry lets scale down to the lower timeframe to identify patterns and entry confirmation.
DXY is currently sitting at a daily resistance level after a bullish run since last week. we anticipate a potential move to the downside as the index shows signs of weakening, by creating a Doji candlestick, which indicates market indecision. Remember: If the US Dollar Index turns bearish, EUR/USD and GBP/USD are likely to show bullish momentum. Let's take a...
Possible selling opportunity on GBP USD ??? Double Top at a Supply Zone Currently forming a Doji and Close below candlestick pattern, Let me know your thoughts in the comments