EURUSD in correction phase,poised for sell opportunityYesterday market react in 50% Fib ,we can look for sell in FVG zone.
Forex market
EURUSD: Sellers are in profit!EUR/USD remains in a daily range above 1.0700 during the European session on Tuesday after closing in positive territory on Monday. Mixed ZEW sentiment data from Germany and the Eurozone makes it difficult for the Euro to find demand as the focus shifts to US data.
Looking from the technical picture, the downward momentum is kept intact with the trend still favoring sellers and the EMA 34, 89 remaining stable.
Wishing you happy trading!
EUR/USD LONG TRADEHi,
there is an long setup in EUR/USD pair on 1 Hr timrframe
*Reasons for trade
1) rsi is oversold
2) pair is on support
3) it has made v recovery pattern with great buying volume
#set stoploss as per your wish
#one can also find entry on 15min earlier on there risk/analiys
#
*DISCLAMIER*
" Don't trust this idea blindy make your own analiys to make your trade to profittable "
*BEST OF LUCK*
USDJPY: A POST MOVE ANALYSISTHE 15 MIN TF:
1. The Market has been making higher highs and higher lows
2. So looking for long entries is the most logical thing to do
3. the price sweeped a low point so that it has enough liquidity to make a move upwards
4. And the target was the nearest high and the target has been hit
Knowledge is Wealth!
GBPUSD: A CLEAR INSTITUTIONAL PLAY1 HOUR TIME FRAME PRICE ACTION:
1. the market has been making lower lows and lower highs
what does it indicate - Downtrend
2. how has the price been making lower lows and lower highs ? - With huge imbalances and fair value gaps(both are same)
3. what does the above two indicate? The institutions and the smart money has been selling
4. So what are we going to do? Follow the trend and follow the smart money footprint as a retailer to make money along with them
5. Where do we enter? - We enter in the orderblock after a change of character in the 15 min time frame for confirmation - safe entry
Risk entry: just enter in the order block
Knowledge is wealth!
The Wilson Law, named after its proponent, Robert Wilson, is grounded in the belief that knowledge and intelligence are powerful drivers of wealth accumulation.
HERE WE PROVIDE KNOWLEDGE, VALUE AND EDUCATION!
@VitalismTraders
EURUSD: A RISKY SHORT1. in the 1 hour time frame the market had been making lower lows and lower highs with heavy imbalances indicating the presence of large institutions, banks and smart money
2. The 15 min time frame has also shown a change of character near the 1 hour order block, thus the short entry
3. But it is risky because there is more FVGs above the orderblock where we have entered so the market might go up to fill them and then go down from an extreme OB
Knowledge is Wealth!
Here We provide value in the form of education and knowledge!
EURUSD long Trade#Eurusd long ⬆️side trade.
only a candel close above this line
wait for candel close.
MUST USE SL FOR SMALL LOSS & TRADE IN FUTURE
EURUSDEUR/USD 4-Hour Analysis: Potential Bearish Continuation
Chart Overview:
This EUR/USD 4-hour chart analysis indicates a potential bearish continuation following a recent break of significant support levels and trend lines.
Key Points:
1. Resistance and Support Levels:
- Resistance: A strong resistance level is identified around 1.08520, highlighted with a red shaded area, where price has previously reversed.
- Support: The 0.61% Fibonacci retracement level around 1.08012 serves as a crucial support level.
2. Trend Analysis:
- The pair initially showed an upward trend, but recent price action has broken below a key ascending trend line, indicating a shift to bearish momentum.
3. Fibonacci Retracement:
- The 0.61% Fibonacci level (1.08012) is marked as a significant retracement point. This level is often watched by traders for potential reversal or continuation.
4. Price Projection:
- The expected price path is a retracement back to the 0.61% Fibonacci level before continuing the downward movement. This is illustrated by the projected zigzag pattern.
5. Risk/Reward Setup:
- The analysis includes a potential short trade setup with the green shaded area representing the target zone and the red shaded area indicating the stop-loss zone. This setup suggests a favorable risk/reward ratio.
6. Market Sentiment:
- Overall sentiment is bearish, with the price action showing strong downward momentum after breaking the support and trend line.
Trading Plan:
- Look for shorting opportunities at the resistance zone around 1.08012.
- Place stop-losses just above the red shaded area to manage risk.
- Target the support zones below the current price action for potential take-profits.
This analysis suggests caution and patience for traders, waiting for the price to reach key levels before entering trades. As always, ensure proper risk management and consider external economic factors that may influence price movements.
GBPUSD: Maintain price on TrendlineHello everyone!
Looking at the chart, GBPUSD is currently moving along the trendline. Despite yesterday’s significant drop, the outlook still favors the bulls as long as the trendline remains intact.
However, keep an eye on the trendline's limits. If the price breaks through, it could provide a good entry point for trades.
Happy trading, everyone!
EURGBP Analysis: Key Levels and Market Structure Current analysis suggests a bearish movement towards the liquidity zone at 0.83130, followed by a potential reversal towards higher levels. Monitor these zones closely for trading opportunities.
The upward momentum for GU seems weak!After a long upward trend on the H4 timeframe, the price has now reverted to the H4 demand zone. The momentum appears to be moving sideways rather than straight up. In my personal opinion, if the H4 continues its upward trend, there will likely be a liquidity sweep in the H4 area (wide sideways range) before a decisive direction is determined.
Our suggested action at this time: If you are a swing trader, continue to wait and observe.
FX:GBPUSD
EURJPY Breaking Bullish Structure on H1The H4 timeframe shows a bullish trend has broken and turned bearish.
Similarly, the H1 timeframe has shifted from bullish to bearish.
Plan A: Price is retracing to a potential liquidity pool area - this is a corrective wave, so we'll set up a sell order at the liquidity pool area. Only sell with confirmation of entry here.
If Plan A hits stop loss, continue to watch for selling opportunities according to Plan B . Only sell with confirmation of entry.
USDJPY pokes key resistance amid mixed market, light calendarUSDJPY struggles to defend a two-day winning streak and the weekly gains while jostling with a seven-week-old symmetrical triangle’s resistance line early Monday. In doing so, the Yen pair also prints an inability to cross a broad resistance zone comprising tops marked since late April, around 158.00-158.50. However, the quote’s sustained trading beyond the 200-bat Exponential Moving Average (EMA) and the upbeat RSI (14) line keep buyers hopeful beyond witnessing a clear downside break of 156.00. Even so, the aforementioned triangle’s bottom line and an upward-sloping trend line support from late March, respectively near 155.60 and 153.40, will act as the final defense of the bulls before giving control to the bears.
Meanwhile, fresh buying in the USDJPY pair will gain momentum beyond 158.50, which in turn could direct buyers toward the 160.00 psychological magnet. However, the latest multi-year peak of 160.20 and the year 1990’s high of near 160.40 could poke the Yen pair buyers afterward. If the quote remains firmer past 160.40, the odds of witnessing a gradual run-up toward the late 1986 peak of 164.50 and then to the 1978 low of 177.00 can’t be ruled out.
Overall, the USDJPY remains in a bullish trajectory despite recent inaction.
USDCAD 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.
EURUSD EURUSD can be buy for short term, I hope I will get 50 to 80 pips on this This set-up is good
GBPUSD 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.
GBPUSD: PRE-MARKET ANALYSIS1. The price has made a change of character from bullish to bearish
2. The bearish nature also seems to be strong because the breakdown below the strong low has taken place with a big fair value gap.
3. So an entry to the short side can be taken after a significant pullback or a trap of bullish traders in the lower time frame reduce the risk and for confirmation
Knowledge is Wealth!
Here We provide you with Knowledge!
USDJPY: Market Analysis1. The time frame chosen for analysis is 4H
2. The market has been making higher highs and higher lows indicating strong bullish nature and the price is in an uptrend
3. The market also has been following a trendline below which there is a lot of liquidity
4. Before taking entry it is always advisable to follow the trend
5. Take the entry on pullbacks near the orderblocks, or fvgs only after a confirmation in the lower time frame in 15 min time frame after a choch
Knowledge is WEALTH!
These posts are to provide you with Knowledge and for your education!
EURCAD Analysis: Bearish Continuation Upto 1.46000This EURCAD 4-hour chart analysis indicates a bearish continuation setup. Multiple Break of Structure (BoS) and Change of Character (ChoCh) levels suggest strong bearish momentum. Price is trading below key moving averages and encountering Fair Value Gaps (FVGs) acting as resistance. The Relative Strength Index (RSI) supports the bearish outlook. Immediate targets are 1.46500 and potentially 1.46000. Look for short entry opportunities on retracements to resistance levels.
EURAUD - 15M (LONG)FOREXCOM:EURAUD
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 Smart Money 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...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
EURCAD weekly setupIn the EURCAD weekly setup, I anticipate a bullish push in price following the absorption of the last candle that filled the Fair Value Gap within the market structure. The target is set at the weekly Buy Side Liquidity (LIQ), and entry will be considered after receiving confirmation from the 4-hour or 15-minute setups
EURUSD weekly setupIn the EURUSD weekly setup, the higher timeframe (HTF) trend is bullish. I am considering a buy-side position once the price captures the internal Liquidity (LIQ) and retraces to the Monthly FVG and Breaker Block zone. Confirmation from the 4-hour and 15-minute setups is essential before entry.
USDJPY daily setupIn the USDJPY daily setup, the price is currently within the monthly Point of Interest (POI). Anticipating a retracement to sweep the internal Liquidity (LIQ) and fill the Fair Value Gap (FVG) below. Considering an entry upon confirmation from the lower timeframe (LTF) such as the 15-minute chart.
