The current opportune zone for buying the USDJPY pair is at 159.23. This indicates a favorable entry point for traders looking to capitalize on potential gains. The strategy suggests setting two take-profit levels: the first at 159.00 and the second at 160.00. These levels represent anticipated price points where traders can secure profits from their...
✅The GBP/JPY currency pair is currently indicating a selling opportunity, with the price sitting at 199.500 ✅ This suggests that traders may consider selling the pair at this level. In terms of potential profit-taking levels, traders could look at exiting positions at 197.20, 196.70, and 196.00, which represent descending price targets. ✅ These levels provide...
As of the latest trading sessions, the USD/EUR currency pair displays a complex interaction of technical indicators and price patterns, suggesting a cautious yet potentially bullish outlook. We will break down the technical analysis using various tools and patterns, integrating recent market news into our forecast. Ichimoku Cloud Analysis: The price is currently...
In this video, we delve into a high-probability scalping strategy, building upon the concepts introduced in our previous videos on developing a trading plan and risk management. This third installment in the series focuses on refining entry points for high-probability trades. We explore a basic trend continuation strategy on the 4-hour time frame, then zoom in on...
Hello Traders , Upon reviewing the EUR/USD chart in the 2-hour timeframe, we observe that the price was able to rise to 1.075 and then underwent a correction, penetrating below 1.0678. Consequently, after a liquidity collection, it encountered demand again! The upcoming supply zone ranges from 1.07260 to 1.07530, and we can monitor the price reaction within this...
The GBP/USD currency pair closed in positive territory for three consecutive days on Thursday and climbed to a two-week high at 1.2540 early Friday. Despite falling towards 1.2500 during the European session, the technical outlook suggests the uptrend remains intact. The dollar has weakened against its rivals after US economic data on Thursday fell short of...
Following a test of a daily horizontal resistance, the EURNZD currency pair created a descending triangle pattern on a 4-hour time frame. The next support level appears to be at 1.7909, which is likely to be the target for sellers. To enter a trade, one could look for a retest of the broken neckline of the triangle.
Pair Name : EUR/CHF 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Reversal...
The USD/JPY continues to experience upward momentum, driven by the significant interest rate differential between the United States and Japan. The US Federal Reserve has established the Fed Funds Rate within the range of 5.25% to 5.50%, while the Bank of Japan maintains its cash rate between 0.0% and 0.1%. This substantial gap in interest rates favors parking...
AUD USD TRADE SETUP AUD USD is currently retesting a support key level. Currently looking for SELL confirmation on the lower timeframe of 30 mins. Plan B, if the price breaks above we need to see a retest before looking for BUY entries
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPUSD has been overall bearish , trading within the falling channel in red. Currently, GBPUSD is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a supply zone marked in green. 🏹 Thus, the highlighted red circle...
possible 1:8 sell setup after price went for liquidity area
Hello dear traders how are you and what you think about this analyse please comments..!? In the dynamic realm of AUD/USD trading, 📈📉 our 4-hour chart reveals a compelling narrative. The market exhibits a respectful adherence to the bearish trend line, showcasing its resilience against upward breaches. Notably, the recent closure of a bearish 4-hour candle hints...
Pair Name : AUD/USD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break...
The price perfectly fulfilled my previous idea. The market literally went down and hit the target level. FX:EURUSD is heading toward the strong resistance zone between 1.07300 and 1.07600. If the price rejects the resistance, then we can expect the price to move to a to a lower level. However, if the market breaks through the resistance zone, we expect the price...
Chart is showing that in 4H the price is moving to FVG there is minor imbalance in 4H TF and above that the supply zone we may good selling from that supply. we will how price react from that supply zone and wait for setup in lower TF 5 M or 15 M TF Note : This is just the trade idea.
As We Talked in The Previous Analysis: The Price Broke The Support Level (1.07431 - 1.06950) . At The Moment, The Price Has Pulled Back to This Key Level Which Has Become The resistance Level. So, Let's Expect The Bearish Scenario: If The Market Breaks and Closes Below The Higher Low (1.06780 - 1.07245). We Will See a Bearish Move📉 TARGET: 1.05755🎯
Fundamentals : As the BIG institutions are forecasting for Fed rate cuts in the next few months, the sentimental of the HOT money investors would be affected from it SO they will start getting out from their US Dollar's LONG positions and selling USD Bonds, which will lead for a BEAR US Dollar, and the EURUSD will be affected by DIRECT correlation and take a...