PREVIOUS WEEK UPDATEIt has been a great week. I went through most of the pairs and reviewed them for you, plenty of setups played out! I hope you have made some profit. I passed one more Ftmo challenge with EurCad trade as explained... I wish you a great weekend! Enjoy the video! Blessings, T17:41by Tilen_FX2
EURJPY(h1) : Entry Buy Now Hello Traders, 📈 EJ chart review : - D1 candle has got a strong reversal - H1 has got a swing higher high and higher low, so it is a uptrend on h1 timeframe 🎯In my trading opinion: - You can buy here, now. 📚 Remember that: Always follow your trading plan regarding entry, risk management, and trade management. Good luck!Longby PhuThongTraderUpdated 1155
EURUSD SHORTEURUSD after he did break a down trend on daily now he gonna back down retest the area who break block order dailyShortby asmarfallta0
EURUSD LONGS (09-08-2024) 1. waiting for Liq sweep below intra LONDON low to ride higher prices targeting 1.09369 level as first objective!Longby Kothapally12
AUD/NZD Eyes Bullish Rebound Current Market Sentiment: Potential Bullish Reversal 1. Exhaustion of Bearish Momentum at 1.08500 Level: The AUD/NZD currency pair appears to have exhausted its bearish momentum around the 1.08500 level. This level has acted as a significant support zone, where sellers have struggled to push the price lower, indicating a potential weakening of the bearish trend. 2. Expected Consolidation and Bullish Approach (1-Hour Chart): On the 1-hour chart, the trend is showing signs of consolidation, which is often a precursor to a trend reversal. The market seems poised for a bullish approach, as the consolidation phase may allow for the accumulation of buying pressure. Traders should watch for confirmation signals, such as bullish candlestick patterns or a break above key resistance levels, to confirm this potential shift in momentum. 3. Bounce Back Potential from 4-Hour Regression Channel: The price has touched and tested the lower line of the 4-hour regression channel. This channel has historically provided reliable support levels during downtrends. The fact that the price has respected this lower boundary suggests a high probability of a bounce back, aligning with the broader expectation of a bullish reversal. 4. Targeted Bullish Range: 1.09300-1.09400: Should the bullish trend materialize as expected, the targeted range for this upward move is around 1.09300 to 1.09400. This range represents a key resistance zone where traders should consider taking profits or adjusting stop-loss levels. It is essential to monitor how the price reacts as it approaches this zone, as it may either continue its bullish momentum or encounter significant resistance. Disclaimer: Educational Purpose Only: This analysis is provided for educational purposes and should not be construed as financial advice. Market conditions can change rapidly, and it is important to apply proper risk management techniques and stay updated with ongoing price action to adjust your trading strategy accordingly.Longby ClearTradingMind4
GBPUSD getting bearish check this out !hello traders hope you having a great trading week well as per my view i see GBPUSD as getting bearish as there is many technical points which favor gbp to getting bearish Shortby Amiviku0
Canh Long G.uUp trend time W and entry time H1. waiting for set up long trade with GPB/USDLongby cuong6969222
It's Again Tapped!As Our Last Trade GBPUSD get Sl Hit, But We Found the Next Chance For Recover the trade , as it Again Tapped into the Level ! FX:GBPUSD OANDA:GBPUSD FOREXCOM:GBPUSD EIGHTCAP:GBPUSD Shortby Desi_TradingGirl3
GBPJPY MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.Longby okako_trading7
Here's The selling level is tapped!We are bit last for Entry..Sorry for That! but it's neither to late for entry! As BOS is Occur so GBPUSD will contiunes to Bearish ! FX:GBPUSD OANDA:GBPUSD FOREXCOM:GBPUSD EIGHTCAP:GBPUSD Shortby Desi_TradingGirl2
EURUSD portrays bullish exhaustion, focus on 1.0960 and US dataEURUSD is seeing its first daily gains in three days as buyers gear up to tackle key resistance levels ahead of upcoming US employment data. Supported by positive RSI indicators and bullish MACD signals, the Euro pair aims to extend its recent uptrend towards a 13-month-old descending resistance line around 1.0950. Beyond this, it targets the upper boundary of a bullish channel stretched from April, near 1.0960. Breaking above these levels could pave the way for a challenge of the psychological barrier at 1.1000, with potential further gains towards the late 2023 peak near 1.1140. On the downside, June’s peak at approximately 1.0915 and the 1.0900 mark, along with the 50% Fibonacci retracement level near 1.0860, act as immediate support. Deeper declines might find additional footing near the 100-day Simple Moving Average (SMA) around 1.0790 and the 38.2% Fibonacci retracement level near 1.0765. Euro buyers maintain optimism unless there is a daily close below the bullish channel’s lower boundary near 1.0700. Overall, while EURUSD bulls show signs of slowing down, bearish momentum is muted, even if US economic data boosts the US Dollar.by MTradingGlobal0
USD/YEN CARRY OVER TRADE ...TALK OF THE TOWN...The chart shows important levels as per Gann Trading system. " A picture is worth 1000 words." Happy trading !!!by kbr91219650
GBPNZD - SHORT TRADE FOR HUGE PROFITSymbol - GBPNZD GBPNZD is currently trading at 2.12280 I'm seeing a trading opportunity on sell side. Shorting GBPNZD pair at CMP 2.12280 I will be adding more if 2.12600 comes & will hold with SL of 2.13000 Targets I'm expecting are 2.09200 - 2.08500 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!Shortby akshit_officialUpdated 2259
GBPUSD bounces off 100-SMA but bears stay hopefulThe GBPUSD saw its first daily gain in three days on Wednesday, bouncing back from the 100-day Simple Moving Average (SMA). This move shows the 100-SMA support level at 1.2682 is holding strong, and the descending RSI (14) indicates the downtrend is weak. However, the Pound Sterling’s continued dip below the 50-SMA and previous support level near 1.2785-2800, along with bearish MACD signals, keep sellers hopeful. If the price stays above 1.2800, the March peak around 1.2900 and the top of a 10-month-old upward trend channel near 1.3030 will be challenging for buyers. On the other hand, the 100-SMA and 200-SMA are limiting the GBPUSD's short-term decline, with support around 1.2680 and 1.2650. After that, the 50% and 38.2% Fibonacci retracement levels from the pair's July-October 2023 drop, near 1.2590 and 1.2455, will be key for sellers. Overall, Pound Sterling buyers can stay in control as long as the 10-month-long upward trend channel, which ranges from 1.3030 to 1.2440, remains intact. In summary, GBPUSD is expected to test the sellers, but for the bullish trend to continue, it needs to stay above 1.2800.by MTradingGlobal7
USD/CAD 4H Analysis: Bearish Move towards FVG ZoneIn the 4-hour chart for USD/CAD, a Break of Structure (BoS) indicates a potential bearish trend continuation. Expect a move towards the Fair Value Gap (FVG) zone around 1.3650-1.3700. This zone could act as a key support level. Traders should watch for potential reversal signals in this area to capitalize on buying opportunities.Shortby Karnatrader93
AUDUSD Targeting Liquidity Levels Below 0.64000The AUDUSD pair is poised to take out liquidity below the 0.64000 level. Key liquidity zones have been identified, and recent market structure shifts indicate a potential move to the downside. Monitor the price action closely for bearish opportunities.Shortby KarnatraderUpdated 6
GBPCHF longgood area for buy GBPCHF he did bad drop before now will go UP try to test that area in H4Longby asmarfallta1
EUR/USD 4H Analysis: Potential Retracement to FVG ZoneIn the latest 4-hour chart for EUR/USD, the price action indicates a potential retracement following a recent bullish surge. The Break of Structure (BoS) suggests a shift in market sentiment. Look for a retracement towards the Fair Value Gap (FVG) zone at the 1.0860-1.0880 level for possible buying opportunities. Monitor price action closely in this area for confirmation of reversal signals.Shortby Karnatrader1118
GBPJPY rebound appears elusive below 200-SMAGBPJPY portrays a corrective bounce off the lowest level in seven months while recovering from a 10-month-old ascending support line. The rebound also takes clues from the oversold RSI (14) line and the market’s consolidation mode after a heavy slump. While the aforementioned clues suggest a continuation of the quote’s further recovery, the bearish MACD signals and the pair’s successful trading below the 200-SMA support of 191.80 keep the sellers hopeful. Even if the buyers manage to cross the 200-SMA hurdle, a previous support line from March 2023, near 194.50 by the press time, will act as the final defense of the bears before giving control to the bulls. On the contrary, rising trend lines from July and October of 2023, close to 182.50 and 180.00 in that order, restrict the short-term downside of the GBPJPY pair. Following that, the December 2023 low of 178.30 and the July 2023 low near 176.30 will entertain the pair sellers. It’s worth noting, however, that the quote’s sustained weakness past 176.30 will make it vulnerable to slump toward the 170.00 psychological magnet. Overall, GBPJPY consolidates the previous heavy fall but the resumption of a bullish trend is far from the table.by MTradingGlobal0
GBPJPYPound did really get hit a lot. Now I would like to see some retracement to come into at least 50% of that Daily Trading Range and with Yen being that strong, some retracement seems reasonable. Drop to Smaller timeframes and identify the structure, if you will enter put Stop Loss below that buy zone or depends on the approach you would like to take. Another view in the comment. Nice setup overall!Longby Tilen_FXUpdated 9
NZDJPY - dailyI'm a bit optimistic, obviously because of Yen bullishness and this bearish daily and weekly candle close, but the price has come all the way down into this buy zone. Now, that zone can easily get blown through because of the bearish momentum. However, I will only enter the trade if I see the price flipping the 15-minute structure. This can either happen in this demand zone or after the price takes it out, makes some manipulation, and then buyers enter the market. I like this setup because we have a few good targets.Longby Tilen_FXUpdated 1
EURUSDLet's look at EU, NFP caused EURUSD to rise by nearly 150 pips, breaking previous structures and forming a new trading range. While the range's extent is uncertain, I am looking for buy opportunities next week, given the current weakness in the US economy. The price action appears bullish. We might see a sell-to-buy setup, but if not, I will wait and look for buy setups.by Tilen_FXUpdated 4
USDJPY buy on dip sl today low upside huge Target selling doneDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3- (T3 : 127.2 %) Target 4- (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hitLongby JaiPrakashShuklaHarmonicTrader2