Euro/USD Algo Scalping Trading system (15 mins)An ideal way to scalp the Euro/USD pair without stress. This algo on tradingview works wonders on currency pairs. Just try this new indicator developed ...
Currency
GBPUSD: long for corrective wave 2Analysis mentioned on the chart. As long as the support holds , the pair should move up for a corrective move as wave 2 .
EURAUD : H&S formation - bearish After a long rally from an ending diagonal of wave 3 the pair is forming a Head and shoulder pattern. The breakdown of the neckline will bring the prices down to the previous supported as shown in the analysis.
EURUSD - LOOK FOR VOLUME & PRICE ACTION AT RESISTANCEFX:EURUSD
(FOR LEARNING PURPOSE ONLY)
Clearly we can see expanding volume whenever the price moves up & declining volume on down move
But in most recent up move (inside channel),price increasing on declining volume
Considering the volume pattern,the resistance zone becomes crucial .
If price holds on to the resistance and moves down,if volume confirms,price might fall to next support
If price breaks the resistance on volume confirmation,bullish trend may continue strongly for next few sessions
GBPUSD seeing high resistance at 1.2690Breaking 1.2690 will lead the pair towards 1.2730 . Trade 1:1::R:R with 30-50pips, trailing SL of 20pips
USD INR BULLISHThe consolidation near the range of 74.5-75 showing that the pair is still have some room left on the upside for a terminal thrust as a wave 5.
Create your position as per mentioned analysis.
USDINR levels for intra and swing levels are simple support resistance
and are marked for persoanl project study
one can learn from the same as well
MY First EURUSD!Pretty decent for paper trade! Follow levels for buy and sell. Can achieve much higher targets!
idea short GBP/CADusando #analisitecnica e altri fattori ho individuato un possibile short di questa #pair
Estimated bullish run in USD/INR As per the pattern, dollar might show a steep rise (60-85° angle) in near future. As per the known situations, in long term dollar may face a sharp fall but before that if the pattern breaks out on chart, dollar can witness a sharp bullish rally for a short term.
This explanation is only for educational purpose and isn't any kind of recommendation. Don't take any action based on this explanation itself.
Consider your financial advisor before taking any trades.
Thanks for your time. Happy Trading.
USD-JPY SHORT TERM BUY OPERTUNITYBuy at 105.780 zone
sl - 105.015
target -108.341
otherwise if the red trend line break you can enter in a retest
USD INR will touch the upper channel border in the future.If you see daily charts of USD INR you can see a breakout happening from the narrow range of ~70-72 after months of accumulation. Now it's ready for range expansion. Monthly charts are giving clear indication that price will touch the upper range of the channel in coming months/years. Can look for long trades.
#USDINR - A retracement back to 73.20-73.90 zone Presumably in its Wave C, can head up to 73.20-73.90 zone.
Doubts on New High.
Invalidation below Contracting Triangle's Wave C Low. Red Trendline can be used for Trailing.
