OfficialUBKFX

OfficialUBKFX Updated 

On the 4-hour timeframe, the price is bouncing from the support level, but there are no patterns or confirmations yet. Let's scale down to the 1-hour and 30-minute timeframes to identify potential patterns and entry confirmations.

OfficialUBKFX

EUR/USD pair is currently moving sideways on the daily timeframe, forming an ascending channel characterized by higher highs and higher lows. It recently broke out and found support at the 1.08000 level. We are now looking for buy entries at this support level. Let's scale down to the lower timeframes to identify potential buy patterns and entry confirmations.

OfficialUBKFX

A hammer candlestick confirmation has formed on the 45-minute timeframe. We need to see the next 45-minute candle close below to confirm the setup before executing this trade.

OfficialUBKFX

On the 30-minute timeframe, GBP USD has formed a bearish break and retest pattern. Currently, there is no entry candlestick confirmation. We need to see at least a Doji and close below, a Bearish Engulfing, a Pin Bar, or a Hammer candlestick confirmation at this level before we can execute this SELL trade.

OfficialUBKFX

GBP/USD is currently in a downtrend, making lower lows and lower highs. To execute our sell order, we need to see a break and retest pattern on the lower timeframe.

OfficialUBKFX

The EUR/USD pair has broken a major key level. We are currently waiting for a retest of the broken structure to enter a sell position.

OfficialUBKFX

AUD/USD pair has formed a head and shoulders pattern on the 4-hour timeframe, indicating a potential trend reversal. A short entry will be executed upon a retest of the neckline on the lower timeframe. The first target is set at a 1:2 risk-reward ratio, and the second target is at the 4-hour demand level. Who else is watching AUD/USD?

OfficialUBKFX

GBP USD has tapped into a strong demand level and the price is bouncing of it. To confirm this Buy we need to see a Double Bottom pattern before looking for entry Buy.

OfficialUBKFX

USD JPY is moving in an uptrend which means its making Higher Highs and Higher Lows. To get a buy entry we need to see a retest of the broken High level, entry will be based on candlesticks confirmation at the retest level.

OfficialUBKFX

AUD/USD is currently declining from a significant supply zone. Moreover, the price has recently breached a key market structure level to the downside. The entry strategy for this trade involves a breakout followed by a retest.

OfficialUBKFX

GBP/USD has formed a symmetrical triangle pattern on the 30-minute timeframe, and a breakout has already occurred. We are currently waiting for a retest to enter a SELL position, based on candlestick confirmation patterns at the retest level.

OfficialUBKFX

AUD USD TRADE SETUP 4HR TIMEFRAME AUD USD is trading in a support and resistance level, the price is currently at the resistance level. A Double Top Pattern has formed on the resistance level which is a good confirmation for reversal.

OfficialUBKFX

Here is a 1:2 RR Trade setup on AUD USD Lets see how this play out Waiting patiently for confirmation

OfficialUBKFX

AUD USD TRADE SETUP AUD USD is currently retesting a support key level. Currently looking for SELL confirmation on the lower timeframe of 30 mins. Plan B, if the price breaks above we need to see a retest before looking for BUY entries

OfficialUBKFX

AUD USD is currently retesting a major key support level. Waiting for candlestick confirmation patterns to get a sell entry

OfficialUBKFX

EUR USD has formed a Symmetrical Triangle on the daily timeframe, and a breakout has occurred now we need to wait for a retest of the pattern before looking for an entry Short/Sell on the lower timeframe

OfficialUBKFX

CAD JPY has formed a Symmetrical Triangle + A head and shoulders pattern 🤩 on the daily resistance level.... All we need to see before executing this trade is candlestick confirmation on the Right shoulder of the head and shoulders pattern. ⏰

OfficialUBKFX

Currently looking for sell confirmation from the resistance level. Plan B If the price breaks above the resistance level it will potentially become a support level only then we will look for Buy confirmations.