EURAUD long on 4h, MSS with engulfing bar confirmation Confirmations:-
1] mss
2] engulfing bar
3] trend continuation
Target confirmation:- buyside liquidity area
4h
DXY Analysis: Seizing Opportunity on the Next Correction Wave (
📈🌐 In this comprehensive DXY analysis, we delve into the intricacies of the recent price action, focusing on the aftermath of waves 1-2-3-4-5 and the promising prospects of the impending correction wave. Discover how to ride the waves of opportunity for clean profits as we set our sights on Wave ABC!
🔍 Key Points:
Wave-by-Wave Breakdown: We break down the recent DXY price movements, examining the five-wave pattern (12345) that has unfolded so far. Gain insights into the characteristics of each wave, understanding the broader trend and where we currently stand.
Correction Wave Dynamics: Explore the concept of corrective waves and their significance in market analysis. Dive deep into the potential scenarios for the forthcoming Wave ABC, identifying possible price levels, patterns, and timing.
Opportunity for Clean Profit: Learn how astute traders can capitalize on the correction wave. We provide strategies to navigate the market during this phase, showcasing how to identify entry and exit points for optimal risk-reward ratios.
Riding Wave BC: Delve into the specifics of Wave BC, the second segment of the corrective pattern. Uncover the factors influencing its formation and understand how to align your trading approach to capture its potential gains.
Risk Management Strategies: Mitigate risks effectively by understanding the importance of proper risk management during corrective waves. Explore techniques to protect your capital while maximizing your profit potential.
Technical Analysis Tools: Discover a range of technical indicators and tools that can be employed to validate your DXY analysis and fine-tune your trading decisions during this critical phase.
Real-world Examples: Gain insights from real-world historical examples of correction waves, comparing their patterns and outcomes. Learn from past instances to enhance your decision-making process.
📊💰 As the DXY enters a pivotal phase, make sure you're equipped with the knowledge and strategies needed to ride the waves of opportunity. Don't miss out on potential clean profits during the correction wave – Wave ABC holds the promise of lucrative trades. Stay informed and trade confidently with our in-depth analysis!
(Note: Trading involves risks, and past performance is not indicative of future results. This analysis is for educational purposes and should not be considered as financial advice. Always conduct your research and consider seeking advice from financial professionals before making trading decisions.)
XAUUSD BUY SETUP H4 CHART#capitalforex
#XAUUSD Now in Buy Trend Target Stoploss Updated In chart Follow it
NOTE -
last Wk full Of bearish Control
Now its time for bullish
Head & Shoulders Bottom in JPYINR 4HJPYINR currency spot pair has formed a head and shoulders bottom on the 4H time frame. The price broke out of the resistance line today. It would make sense go long on a retracement back to the trendline for a measured move target of 0.60 on the spot pair.
Nifty 4H time frame AnalysisFormed rounding bottom pattern on 4H time Frame
If Nifty Sustains above 16067, one can enter for along trade
Targets- 16280, 16374
MARICO, 4HAs per my understanding, the stock has faced a bearish run and is now in the accumulation zone. My analysis here is, there will be a uniform movement for some more time and then will follow with a retest and a markup. No, I have not fixed any targets whatsoever. But, you can do it with the help of fibs or manually tracing the previous resistances (strong resistance only)
BTCUSD Symmetrical Triangle 4HBTC formed a symmetrical triangle on 4H timeframe and currently it's retesting the support. On chart I have drawn some levels and have given the appropriate heading, so I thing it's very clear what I'm saying.
Target - approx. 68k
I have another idea on 1H timeframe.
What the H&S!? What are the chances, OXT? 4HA head and shoulders possibly in production. Once OXT attempts 0.75-0.80 range, will a re-visit to the 0.25-0.30 range be in June? Looks to be a nice bearish BAT pattern that started forming around April 17 which may take us back to the 0.70s between May 5-8 before we begin to make a descent back down. What are your thoughts?
This information is not financial advice but it is our opinion. It is advised to do your own research and due diligence. Happy trading!
Gold Bullish trendIf present candle closes above 1837 $ level in 4 H timeframe., Then Next target will be 1850 $ for sure.!
Just my own speculaton.! Not investment Advise...!
Traingle, BearishResistance at 1735
1) 4H candle rejecting 1735
2) 1D candle rejecting 1735
3) Can move towards 1650 and even 1550 if it breaks the below trend line
Analysis of USDCADHello traders, hope you are having a pipfull week.
So here is our analysis on USDCAD.
As we can see that the pair is moving in the channel and consolidating
fo a period of time now, so its good to wait for the pair to break from the
channel. Its currently at the support zone and will fall a bit till the support of the
current channel.
it will be interesting to see if it breaks the support or no.
So we advice for you to wait for the next update.
Thank you.
EURUSD Long Setup [4H]FX:EURUSD Buy around 1.1040 with SL at 1.1025 and three potential targets.
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
TCS short term Long BiasTCS is taking support at its short term swing high, also the trend is up and the trend line is also acting as a support. But if it breaks 2065, the next supports are 2010 and 1980. Until then its a long for short term. The volumes are also decreasing which indicates that the pullback is not strong. Favourable exit polls also suggest the market will perform better at least till actual results are out. There is a risk reward ratio of 2:1 for this trade. Be cautious as there will be high volatility because of election.
