Possible sell on USDCHF. price on support level mostly going to break and continuing the downtrend. we got a strong bearish impulse and the trenline acting as resistance. Target for this setup we can choose signifcant levels or just using a normal 1:3 R:R
Price action closed touching the uptrend, I think this is a good opportunity for buys with 0.6460 as first target then 0.6540. Uptrend also is confirmed by index dollar which is now weakening. Until this trendline holds it is possible to open multiple positions on lower timeframe. TP on the break of the trendline or on a significant level. Good trade.
Reason for this setup price action broke the downtrend forming a CHoCH and retest of the demand zone. for stronger confirmation it should break the the 152.27 and doing a retest. This however is a valid setup although riskier. Target on 153.84 with an R:R of 1:4
Price rebound to the resistance, we got a CHoCH at 1.47 with 21 EMA now acting as dynamic support. Target for this setup is 1.0335
Price is on the OB/supply level and if I'm seeing right we also got a liquidity grab. Price action has accumulated a liquidity trendline and we are mostly going to approach those levels. target fot this is 0.8973
Price is approaching the orderblock level. I set an entry on 71.33 with a 40 pips SL and 70.13 as final target we could also set a partial profit on 70.72 Overall this looks a good setup price is slowly approching our OB level and general trend on higher timeframe is to the downside. This is based only on technical but I also understand that some fundamentals...
If price will manage to break the resistance we could open a buy position targeting the 1.08 level with other intralevels 1.063 and 1.071 Another confluence for this setup we got the dollar index breaking his support so I'm expecting a continuation to the downside for the dollar.
Price broke the previous resistance. Possible buy with SL below the new support target for this swing is 0.65400, for more conservative tp 0.65000. If you're a day trader or shorter term target 0.64000 is also reasonable
Price action broke the trendline and is now retesting the orderblock level. See how the price will react to the orderblock, I'm also using the 21 EMA as the dynamic trendline if it will respect that too then is possible to open a sell with final target 189.5. Good trade My advice is to open a small position for every trade. Honestly the only way to grow small...
We are on a strong downtrend for GOLD and price is near the daily orderblock level. It is possible to go for a sell targeting 2450. for short term target 2545 level instead. As a swing trader I analyze on the 4hr timeframe but if you're looking for multiple TP is better to look for shorter timeframes like the 1hr or 15 mins to see the levels for TPs
Price retrace to the supply zone, I think this is a good level for buys we also have strong volume. for conservative TP target is 0.9189 for a more "brave" TP target is 0.9220. This pair is inversely correlated to Gold that which is currently trending down so I think it will continue going up for a while. It makes more sense to look for buys as a swing trader. Good trade
I think I'm gonna change my entries putting positions on SL I changed my resistance level allining it with daily orderblock level. My bias for this pair is still bearish, we are -4.09% on the 6 months period so it makes sense for me to look for sells. My target fot this trade is 1.0220 with an R:R of 1:4; this is a good level for sells so everythiing with a good...
We got an aggresive pullback during the trading hours probably due to news, I'm still long for this pair we are 4.99% up on the monthly period and I don't sell on retracements. If the price will broke the supply zone I'll probably rebuy on the second orderblock level. If that one fails too I'm gonna look for sells thinking we are on a ranging or reversal...
SL 2.0322 TP 1.9154 Price action is respecting the supply zone and we got a bearish impulse. I'm expecting now a short term downtrend with final target our demand zone. It is possible to open multiple positions targeting different key levels. Good trade everyone $$$