Price is taking support from a strong supply level (support zone) also the price retested this zone. Now waiting for the breakout of bearish treadline. A triangle chart pattern can also be seen here.
Dear traders, as EURJPY now breaks its choch and given a block order 161.400 and so it will go down and i am watching last monday to wednesday in 4 H chart and target 158.00, sell points is 160.600, price may be come at 161.500, today is also a NEWS day SELL 160.600, SL- 161.700, TGT- 158.00
Reason Behind Bullish 1. Inverted Hammer which Pushes Higher 2.Obey Trendline & Support 1.70906 Overall Possible Outcomes GBPCAD BUY 1.7098 SL 1.7020 TP 1.7220
The EURUSD continues to show no change in its bearish trend from yesterday until now, further damaging the European currency and pushing EUR/USD to new lows in weeks around the 1.0820 level. The continued strong buying interest in the greenback has reduced risk appetite and pushed the US Dollar Index (DXY) to new yearly highs around 103.80, supported by higher US...
GBPUSD floats above the 200-bar Exponential Moving Average (EMA) as traders brace for the monthly activity data from the UK and the US early Wednesday. In doing so, the Cable pair reverses the previous day’s losses while staying firmer within a one-month-old descending triangle formation, also known as the bullish triangle. Apart from the pair’s recovery from the...
Chanel ( Rising wedge pattetn)is going to break soon. And also there is a supply zone (resistance key level) and price has already retested this zone. SL will be above the key level.
Taken out sell side liquidity Tarkget would be bearish order block
aperfect buy signal for gbpusd shows grab it its a good entry point
Based on Structure and Trend GBPJPY has a potential sell trade coming.
HEAD AND SHOLDER NECK LINE breaked a good fall will expected on forex EURAUD pattern shows grab the oppurtunity for forex trader
Aususd make bearish pole and flag on 1 hour Time frame
The EUR/USD pair struggled in the early week's trading session, remaining stable below 1,0900 due to technical factors like EMA and resistance. Investors' hesitation reflects uncertainties surrounding the ECB. If it drops past the year's low of 1,0844, EUR/USD may continue to descend to 1,078, following its current downtrend. What about you? What are your goals...
USDJPY refreshed its intraday high to 148.55, before retreating to 148.00, as the Bank of Japan (BoJ) matches market expectations of keeping the monetary policy unchanged. In doing so, the Yen pair struggles to keep the late Monday’s recovery from the 100-SMA amid the inactive hours of Tuesday’s trading. It’s worth noting that the hawkish expectations from BoJ...
the price has started mitigating the unmitigated bearish order block from higher time frame and it will look like descending triangle pattern with equal lows and and descending price it just liquidity pool even if it get breakout still there is resistance at 1.2900 - 1.2950 - 1.3000 SUPPORT range between 1.2550 - 1.2500 but is weak 1.2300 and 1.2200 hold more...
Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade, this post is for educational purpose only . warning :- do not jump directly or do not copy my trades DO your analysis properly
Possible GBPUSD trade idea can look for buys from above mention level above setup is 1:3 RR please manage risk properly Enter at your own risk ! Indicator based SMC approach. follow and like for more such setups.
Possible EURGBP trade idea can look for buys from above mention level above setup is 1:3 RR please manage risk properly Enter at your own risk ! Indicator based SMC approach. follow and like for more such setups.