GBPJPY TRADE SETUPGBPJPY has touched it's supply zone.
It may fall a bit in daily basis
Swing Target 179.00
Forex-currency
EURUSD 2HTrade Idea: BUY
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ?
#USDJPY sell at 136.15 SL 136.34 Target 135.8 . #FOREX #CurrHello trading friends,
HOPE My posts are helping you to understand the logic.
#USDJPY sell at 136.15 SL 136.34 Target 135.8 . #FOREX #Currencypair
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
USDJPY One can Take A Long Position We can take long position in USDJPY as it has given a hammer pattern and has closed at very good price so from current levels we can see a sharp spike up to 140 with SL below 129.20 and we can expect a target of 3-4:1.
GBPUSD CAN GO LONGIt touch 68 fib level and sellers are getting week in the market. We can see bounce back to next fib level.
EURUSD: Bearish sequenceThe poke above the neckline & an abrupt reversal suggests that the move was a corrective sequence against a downtrend. EURUSD should resume the downtrend against the high made in yesterday's session. Any rise should be taken as selling opportunity for minimum target area of 1.1800 region.
AUDUSD: FLAT CORRECTIONOn a larger degree front , AUDUSD made a 3 down & 3 up wave formation which suggests that a FLAT pattern is in formation,as long as it maintains below the previous highs. An ending diagonal is forming on lower degree as wave-c which suggests that the 3 up formation is going to exhaust . We should see a five wave down rally if the flat corrective pattern is forming !
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
USD INR bull or Bear?USD INR is both bullish and Bearish, let me explain in detail, as per the Elliott wave we can see a small up movement till 73.15 after than its clear down trend at least till 70.4
so one can short if it cross below 71.54 without doubt, lets see how it goese
