This is for self analysis and it is not trading advice. GBP targeting 108 at present and after that we may see it trading at 100.50 again.
The currency pair is witnessing surprise action as it moved from the high of 83.09 to 83.35. The market is refusing to believe this move as it has wedded to the logic that the currency pair will not be allowed to trade below 83.00 levels. They had seen that the currency stable irrespective any big move in DXY, Yields or Stock market. As observed in the previous...
Buy Side Confirmed with MSS formation And a strong inefficiency candle may go good with the CAD news today announcement will come with favor of buy side in USDCAD may end the sell trend
Waiting for the Sell entry to execute trade setup as expected previous setup its exactly felldown from the range 1.27800-1.28300 lets wait to retrace level to sell
Due to the aggressive bullish price moves that happened throughout most of 2023's trading year, the "Beast" is currently in a premium, and the algorithm will seek to reprice from the External Range Liquidity (ERL) back into the Internal range Liquidity (IRL). The Fair value Gap (FVG) that lies around the 172.000 is the long-term Draw on Liquidity (DOL). So going...
AUDCAD Daily Swing Buy Idea. Confluences mentioned on the chart itself. Risk: 1-2% Expected Return: 3.5 RR
Strategy typically involves identifying a trading range or consolidation phase on a price chart and then placing trades when the price breaks out of that range. "Tags" might refer to specific price levels or points of interest within the identified range
buy GBPJPY 180.500, SL 180.00 TGT 181.500 now market is going up its also 15m chart given breakout ema also and chart pattern breakout so go long for GBPJPY buy GBPJPY 180.500, SL 180.00 TGT 181.500buy GBPJPY 180.500, SL 180.00 TGT 181.500
GBPUSD only buy at 1.27100, SL 1.26900, TGT- 1.27500 & (1.27700 optional tgt- may be or not may be) then Sell if gives change of character, i think in my view of points for today FRIDAY, there is a lot of Registance and support in between 1.27000 - 1.27500 - 1.27700, market will not cross of this S/R area for today so, wait and trade on Tuesday, 02/01/24
Hello Traders as you know there is a change of Character in USDJPY, first it will sweep all Stop loss of all early buyers in the market and it will be go down first at 179.300 so, SELL USD 180.400, SL- 180.650, TGT- 179.400, and it may be on Tuesday dated 02/01/24, buy USDJPY 179.300, SL 179.00, TGT-181.700, BUY only when price given breakout in one minutes chart...
USDJPY fades the previous day’s corrective bounce off a five-month low amid sluggish markets on the final trading day of 2023. In doing so, the Yen pair extends the mid-week pullback from 200-SMA even as the oversold RSI (14) and the sluggish MACD signals challenge bears. Also putting a floor under the risk-barometer pair is a 50% Fibonacci retracement of the...
The USD decreased in the last trading session The US Federal Reserve (Fed) may begin cutting interest rates when inflation falls closer to the US Central Bank's 2% target. However, trading volumes fell after Christmas as some markets remained closed for the holidays. Many traders globally also take a holiday until Tet. The greenback is on track for its worst...
The EUR/USD is in a uptrend and has recently experienced a breakdown at a significant support level. If there's a retest, we can consider a short position. Our stop loss would be set at 7 to 10 pips, and the take profit target would range between 25 to 30 pips. This trade involves a trend reversal, making it slightly riskier as it goes against the prevailing...
Buy USDJPY 140.850, SL -140.600, TGT- 141.650/ 142.600 and SELL tomorrow on Friday 142.450, SL- 142.750, TGT- 140.800 Hello Traders, as you know USDJPY given correction 140.700, and now its given a Change of Character and and we will be buy at level of 141.700, and there is lot of liquidity to grab and price will go up at 142.500 and than market is in downtrend...
a long position can be made above the horizontal level marked on chart
SELL AUDUSD 0.68400, SL 0.68750, TGT- 0.67200, TOTAL 1200 POINTS (120 PIPS) its a long time given higher high and on weekly chart there is registance and according to Smart Money and Spinner Entry, SELL AUDUSD 0.68400, SL 0.68750, TGT- 0.67200, TOTAL 1200 POINTS (120 PIPS)