Though it is in the Discount in PD Array in LONG TERM perspective, there is a high chance that it will take out the SSL below the OCT 22 low; but before that, it is probable to grab the internal range liquidity.
Because of yesterday’s fed rate announcement, price has made drastic and strong upward move and during such conditions there is good probability that the price will retrace to 61.8% fib level and rally upto 161.8% level.
Based on this concept there is a valid order block ( one which has broke structure) with a fvg (this is a confluence in itself). Price is...
Hi Guys,
gbpjpy made a bullish divergence and gave a break out and there is trendline in bearish momentum will the TP 1/4 risk to reward always good...
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The EURCAD breakout in the hourly chart presents an excellent educational opportunity to understand technical analysis and trading strategies. This scenario provides a practical example of how to identify support levels, interpret market movements, and utilize Fibonacci targets for potential trade opportunities. By following this breakout and observing its...
EURCAD is in buy level at 5 mins Good Buy Setup ready
EURCAD is in buy level at 5 mins Good Buy Setup ready
EURCAD is in buy level at 5 mins Good Buy Setup ready
EURCAD is in buy level at 5 mins Good Buy Setup ready
EURUSD prints a four-day winning streak while refreshing the monthly high around 1.0915 as traders await the European Central Bank’s (ECB) monetary policy announcements on early Thursday. The Euro pair’s latest recovery takes clues from the US Federal Reserve’s (Fed) dovish halt, as well as the upbeat RSI and MACD signals. Adding strength to the upside bias is the...
its strong momentum towards upside so we dont need to think much about any retracement
also the other measure paires suggest the same direction so here is the plan
Channel breakout on the upside and now price on the key area so good opportunity for trade with a 1:2 or 1:3 ratio.
an important area to watch is mentioned in the chart kindly follow tight stop loss.
Looking at the charts, there's a selling opportunity within the marked sell zone. Take profit by the 161.8% Fibonacci level. The key trigger is a clear breakout below the price level of 1.09028.
To make the most money, it's smart to be patient and wait for the price to go back up a bit before selling. This way, you enter the trade at the best time, following the...
We are expecting a buy movement soon as ema's are close for a crossover as you can see in the indicator short term ema is going to cross long term ema soon, shows going to be bullish in sometime and shoing positive change of ema on hours chart
Price is consolidating in that small area between buyside and Sellside liquidity. What market usually does is it consolidates, then manipulates and does the distribution. For manipulation we are expecting the price to take Sellside liquidity and make a bullish change of character on lower timeframe and distribute the price targeting buyside liquidity, giving us a...
The Relative Strength Index edged higher to 50 on the 4-hour chart, reflecting a loss of bearish momentum. On the upside, the pair faces stiff resistance at 1.0820 (200-day Simple Moving Average (SMA), Fibonacci 38.2% retracement of the latest uptrend). A daily close above this level could open the door for additional gains toward 1.0870 (100-period SMA on the...
Hi Guys,
here is my analysis based on price action, Rsi, and FVG...
USDJPY is already in a downtrend as there is divergence in a higher time frame!
I hope the ICT concept works here.. and risk to reward ratio is awesome!
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