GBPJPY can make a reversal and going down to 169.500 and below which we may see the actual trend bearish or it's just a correction . So , to be on a safe side with the stop loss above this week's high and target at the above price .You can get a great risk- reward . Enjoy trading Trade only with what you can lose Happy week
intraday shot , 30m to 5 m entry Weekly is bullish .. lets see
The script made a double bottom pattern on weekly chart near important support zone. I am expecting an up move from here onwards.
Usd struggles to go upward very to near to break the trendline . if breaks than good fall expected
Symmetrical Triangle Pattern is seen in USD/JPY hourly chart. we can go long if price breakout above the resistance with strong bullish candle. or else we can go short if price breakdown below support with strong bearish candle. Please Like and Follow.
The price reacted drastically in its pursuit to cross 1950. After the positive economic data, it's retesting 1928, 1920. If the decline continues it might cross 1912-15 zone and drop to 1902 and further 1886 levels. The larger trend is Bullish. We should wait out for the price to react at our areas, reversal might take place. This retracement could be the part of...
The demand is between the downtrend lines. Hence, the candlesticks respect the behaviour. USD pairs are on the fall due to high valuations and downtrend patterns.
FX_IDC:USDINR Analysis on 12th December 2022 >Wave Count - Possibly Beginning of Correction Wave C on bigger cycle. >Strength - Between the both the tops shown in chart there is a Berish Continuous Divergence.
DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex...
DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex...
DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex...
As of my opinion EUR USD can go long to 1.13900. There's clear breakout now, we can expect a long position here. The USD is getting weaker day by day in the last couple of months.
I strongly STRONGLY believe GOLD is the safest hedge in this economy. Now a value bet as well: due to recession/inflation/real estate conditions etc. JPM told you BTC was going to $100,000 when it was at $60,000, now they're telling you BTC is a Ponzi Scheme. HERES THE CATCH Smart money wants you to *think* that they're buying BTC and saying the opposite...
AUD/USD case study -Price did come back into the demand zone ⁃ Price is not approaching the 4H supply zone - It has been a lot of imbalance when buyers are in control
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.
My analysis today deals with how the further course of our most popular stock index "S&P500" could look like. The DXY / USD has a non-negligible impact on the S&P500, as the whole economy depends on its behavior. > Meanwhile, this seems to take run-up, for a final upswing, which could bring the S&P500 under massive selling pressure. > Regardless of this...