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Beyondtechnicalanalysis

Analysis 5.8 - x, 1st - GBPCADHello traders, let's look at GBPCAD. The overall trend is bearish. However, recent price action and momentum looks like the current sell zone may be breached. As price approaches this zone, I will be looking for solid structure development on the 15-minute chart. Initially focusing on sell opportunities, I will adapt to the market if price action provides a reason to shift strategy - break of sell zone and possible buys. But as I said, I will trade what I see and that is currently sells.
Short
by Tilen_FX
OVERVIEW OF THE LAST WEEK - FXHello guys, I am happy to be back on charts more and share with you some ideas and what was happening last week. I had video analysis previous week posted on my YT as I had some tehnical issues with this platform and could not uploaded videos. Now I went through the analysis and trades from the last week, it was very interesting and much of movement happened. What I posted here as trade ideas was updated on the video! DXY,... for example so make sure to check it out as moves were very good predicted! I hope you enjoy watching and learn something new. I will upload new video and trade ideas for the next week as well. Have a great weekend and I will talk to you soon. Blessings, T
by Tilen_FX
EURUSD -> SHORT (Manipulation: Be Careful)Short Bias for the upcoming week. EURUSD, seem to be changing course to the upside, but that will only happen if the price breaks the $1.087 mark, and if the market doesn't, We can see the Good short. Analysts predict that this month's Eurozone inflation will increase year over year to 2.5% from 2.4% in April, with the core measure expected to stay stable at 2.7%. EVENT: Unemployment Claims & Prelim GDP q/q -> MAY 31 - --------------- **First Scenario - Short:** First Target: $1.0825 Second Target: $1.0805 Entry: $1.0861 Stoploss: $1.08645 **Second Scenario - Long:** Initial Target: $1.09675 Entry: $1.087 Stoploss: $1.08645 - --------------- Take into consideration: Psychological Resistance at $1.097 Psychological Support at $1.08 - --------------- NFA DYOR - --------------- Good Luck! ⚠️ Caution: Just because I've set my buy and sell position Settings or drawn direction lines on my chart doesn't indicate I've opened a position or am obsessed with a particular bias. This is only a forecast; I don't trade when the price reaches my level; I have rules of engagement. Perhaps the most crucial element is 🆘RISK MANAGEMENT🆘.
Short
by irfanp056