GBPUSD licks its wounds around 1.2600 early Wednesday as traders await the UK inflation clues for January. That said, the Cable pair marked a stellar move the previous day, initially rising to a seven-day high before posting the biggest daily loss in a week while reversing from the 50-bar Exponential Moving Average (EMA). It should be noted that Tuesday’s reversal...
A triangle pattern in the GBP/USD currency pair typically signifies a period of consolidation and indecision in the market, often hinting at an impending breakout or continuation of the existing trend.
This is the update of my previous post on NZDUSD 4H sell setup , beautiful 1:3.5 RRR trade
Go long after a pullback or if price makes a consolidation and breaks out on 15 min timeframe
Go through the analysis carefully, and do trade accordingly. Current price- 186.600 "if Price stay above 185.323, then next target is 187.600 and 189.000 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by...
NZDUSD , WAITING FOR PERFECT SETUP , Fib shows stop at 50 , trend is up , just need to breat the higher high now and i am in
Well that got executed perfectly , forgot to post it before , it was simple breaking lover low and breaking support to make prefect resistance
GBPNZD A FALLING MONMENTUM DETECTED its breaked a neckline and the retraced lable mentioned the lable finally touched the retracement lable hence a good falling momentum will occure on 1h chat only forex expert can understant it grab it with your predictable risk wait and watch n learn enjoy thank you
If break out down side, it will bearish flag pettern so sell side
I am currently in a long position on EURAUD due to the following factors: Demand zone touch: The EURAUD price has touched a demand zone, indicating buying interest at that level and a probable price bounce upwards. Technical analysis: Technical analysis confirms the presence of a demand zone and suggests a potential appreciation of EURAUD. Economic expectations:...
Hello 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...
price is reversing from 149.578 without testing resistance which mean a lack of buying liquidity the following previous green long candles left behind imbalance which have created fair value area with applying fib to draw the PD area 149 to 148.781 is above discount zone which will hold less impact whereas 148.500 to 148.300 is the zone where we can look for...
Confirmations:- 1] market structure shift 2] order block 3] fvg entry 4] trend continuation 5] engulfing bar candlestick confirmation Target:- 1:3.5 RRR