price has reached near previous 25 days high, at an important level of 90.15 , if this level is broken than the price can go upto a target of 90.900 and then 91.33. price is above 200 moving average right now if it shows weakness and closes below 200 MA than a short trade can be taken below 89.5 and target of 88.65 can be achieved .
note- trade must be taken...
you can further extend the target to a higher timeframe OB. but because there was a 1h demand below so be careful, the market could reverse from any point to fill that demand below, then look for 1m confirmation to enter the trade as there was an extreme demand was below there which was untested.
I hope you have a profitable week ..
EUR USD still in sell zone in this indicator strategy using we can avoid false buy and sell signals so that we can relax about that. From this strategy i am using HEIKEN ASHI chart combination of moving averages , volume and some personal strategy. IF EUR USD gives closing below the lowest point in 4 H then take strong sell entry.
Overall, GBP/JPY is trending downwards. Recently, GBP/JPY bounced off the support zone of 151.000.
GBP/JPY’s next support zone is at 151.000 and the next resistance zone is at 153.800.
Look for short-term buying opportunities of GBP/JPY.
FX:USDCHF has been forming an uptrend on 4h and our expectation of a reversal is from 0.99500 with SL at 0.99820 and three potential targets.
The stronger the move to the zone, more likely for a quick reversal in achieving minimum 2:1
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the...
![USDCHF: USDCHF Short Setup [4H]](https://s3.tradingview.com/c/CmiXV29M_mid.png "USDCHF Short Setup [4H]")
