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EURUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD EURUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
Short
by tradergyan01
AUDCHF - Long - 15 MinMark the Previous Day’s High and Low (PDH & PDL): Begin by identifying and marking the high and low of the previous trading day. Monitor Liquidity Hunt at PDL: Observe the market for a potential liquidity hunt near the Previous Day’s Low (PDL). If the price action shows a liquidity hunt at the Previous Day’s High (PDH), prepare to enter a short position. Confirm Market Reversal Using "CH": Look for signs of a market reversal. Use the "CH" (Change of Character) to validate the reversal before proceeding with the trade. Enter at PDL and Set Targets and Stop-Loss: Entry: Enter a long position at the PDL, once the reversal is confirmed. Target: Set your target at the Previous Day’s High (PDH). Stop-Loss: Place the stop-loss below the most recent liquidity hunting zone.
Long
by Praveenkumar_VPK
GBPUSD_H4Analysis of GBP/USD Currency Pair Status The GBP/USD currency pair resumed its downward trend after two days of gains, falling by approximately 0.3% and dropping below the 1.2500 level. Traders' attempts to sustain the bullish trend were thwarted by weak data and risk-averse sentiment. The economic data weakness in the UK, along with lower expectations for expansionary policies from the Bank of England, coupled with stronger-than-expected data from the United States, has put pressure on the pair. Weak Annual Performance of the British Pound: - Quarterly Downtrend: The pound ended 2024 with a quarterly decline and remains near its lowest levels in the past 9 months as the new year begins. - Retail Data: The UK Like-For-Like retail sales index for December showed a 3.1% increase. However, this data failed to boost the demand for the pound. Impact of U.S. Data: - PMI and Business Costs: The release of U.S. PMI data showed that economic activity in the country remains strong, reducing expectations for a rate cut by the Federal Reserve in the first half of 2025. - Expectations for Employment: ADP Employment Change data, due to be released on Wednesday, could provide forecasts for the important NFP (Non-Farm Payroll) report. Technical Analysis: In the 4-hour time frame, we can observe that the bearish trendline, which has been in place for a month, was broken during this week's trading. This trendline, drawn using a linear chart, has sent a signal of a potential trend reversal upon its break. Given the continued decrease in buying momentum on the 4-hour time frame, the overall trend still appears to be leaning towards a decline on lower time frames. However, it is important to closely monitor the price action around the key zone of 1.22579 - 1.23049. If reversal patterns are observed in this area, there is a possibility of support and a subsequent rebound. Risk Disclosure Statement: Since financial markets are influenced by various factors that are constantly changing, the analyses provided are solely for informational purposes regarding the general market situation and do not constitute any recommendation for buying or selling
Long
by Arshia_Technomental
GBPUSD_H4Analysis of GBP/USD Currency Pair Status The GBP/USD currency pair resumed its downward trend after two days of gains, falling by approximately 0.3% and dropping below the 1.2500 level. Traders' attempts to sustain the bullish trend were thwarted by weak data and risk-averse sentiment. The economic data weakness in the UK, along with lower expectations for expansionary policies from the Bank of England, coupled with stronger-than-expected data from the United States, has put pressure on the pair. Weak Annual Performance of the British Pound: - Quarterly Downtrend: The pound ended 2024 with a quarterly decline and remains near its lowest levels in the past 9 months as the new year begins. - Retail Data: The UK Like-For-Like retail sales index for December showed a 3.1% increase. However, this data failed to boost the demand for the pound. Impact of U.S. Data: - PMI and Business Costs: The release of U.S. PMI data showed that economic activity in the country remains strong, reducing expectations for a rate cut by the Federal Reserve in the first half of 2025. - Expectations for Employment: ADP Employment Change data, due to be released on Wednesday, could provide forecasts for the important NFP (Non-Farm Payroll) report. Technical Analysis: In the 4-hour time frame, we can observe that the bearish trendline, which has been in place for a month, was broken during this week's trading. This trendline, drawn using a linear chart, has sent a signal of a potential trend reversal upon its break. Given the continued decrease in buying momentum on the 4-hour time frame, the overall trend still appears to be leaning towards a decline on lower time frames. However, it is important to closely monitor the price action around the key zone of 1.23986 - 1.24358. If reversal patterns are observed in this area, there is a possibility of support and a subsequent rebound. Risk Disclosure Statement: Since financial markets are influenced by various factors that are constantly changing, the analyses provided are solely for informational purposes regarding the general market situation and do not constitute any recommendation for buying or selling.
Long
by Arshia_Technomental
EUR/AUD 4-Hour Chart AnalysisKey Observations: 1. Support Zone: - The price is currently retesting a key support zone around 1.6540–1.6565, which previously acted as a demand zone. 2. Trendline Break: - The uptrend has been invalidated with the break of the ascending trendline, suggesting a potential shift in momentum to neutral or bearish. 3. Key Levels: - Resistance Above: Potential resistance can be seen near 1.6650–1.6700, in case of a bullish retracement. - Support Below: - 1.6359 (first support level). - 1.6199 (major support). - 1.6018 (long-term support zone). 4. Possible Price Movements: - A bullish rebound from the current support zone or a bearish continuation if the price breaks below it. --- Trading Scenarios: 1. Bullish Rebound: - If the price holds above the 1.6540–1.6565 zone, it may attempt a recovery toward the previous highs. - Entry: Above 1.6570 - Targets: 1.6650, 1.6700. - Stop-Loss: Below 1.6530. 2. Bearish Breakdown: - A decisive break below 1.6540 may open further downside toward the lower support levels. - Entry: Below 1.6530. - Targets: 1.6359, 1.6199, 1.6018. - Stop-Loss: Above 1.6570. --- - Wait for clear confirmation (e.g., a strong candle close) before entering a trade to avoid false breakouts. - Use proper risk management with clearly defined stop-loss and take-profit levels. --- **Disclaimer**: This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult a financial advisor before making investment decisions. Trade responsibly.
Short
by PhD_Swingtrader
EUR/NZD 4-Hour Chart AnalysisKey Observations: 1. Support Zone: - The price is currently testing a key support zone around 1.82880–1.83160. 2. Uptrend Break: - The ascending trendline has been broken, indicating a potential shift in momentum from bullish to neutral/bearish. 3. Trading Ranges: - Resistance Above: Potential resistance is visible near 1.8450–1.8500, in case of a bullish recovery. - Support Below: If the price breaks below the current support, the next levels to watch are: - 1.8143 (intermediate support). - 1.7986 (major support). - 1.7806 (long-term support). --- Trading Scenarios: 1. Bullish Continuation: - If the price holds above 1.8315, a bounce toward the previous highs near **1.8450–1.8500** is possible. - Entry: Above 1.8350. - Targets: 1.8450, 1.8500. - Stop-Loss: Below 1.8300. 2. Bearish Breakdown: - If the price closes decisively below 1.8315, it could trigger further downside toward 1.8143 and possibly lower. - Entry: Below 1.8300 (watch for retest). - Targets: 1.8143, 1.7986, 1.7806. - Stop-Loss: Above 1.8350. --- - Be cautious of false breakouts and wait for confirmation (such as a strong candle close) before entering trades. - Use proper risk management with defined stop-loss and target levels. --- Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult a financial advisor before making investment decisions. Trade responsibly.
Short
by PhD_Swingtrader
USDCAD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD USDCAD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
Short
by tradergyan01