📉🚀 GBPUSD Market Update: Inverse Head and Shoulders Breakout! 📈 Great news for currency traders! GBPUSD has shown a promising development at the bottom of its current downtrend. We've identified a reversal chart pattern known as the inverse head and shoulders. Excitingly, the price has already broken through the neckline of this pattern, setting the stage for...
The Aussie (AUD/USD) has broken below a key pivot (Sell Entry) and the bearish momentum could force it lower. Sell entry is at market (0.6568). Stop loss is at 0.6600 which is a pullback resistance. Take profit is at 0.6538 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs...
Looking to take a sells based off daily trendline break Trendline has been broken, now waiting for a daily closure below the range.
This is the possible WXY structure, since this was running upside this might be a pull back for further upside, I haven't marked trading zone yet.
NZD-CAD has reached a Horizontal resistance level Of 0.8247 and the pair is Locally overbought so I will be expecting a Local bearish correction !
Hello dear traders! Overall, further recovery in the US Dollar (USD) drove EUR/USD to build on Tuesday's pullback and reach the 1.0730 area, or three-day low on Wednesday . That said, spot extended the recent rejection from the 1.0800 peak. Looking ahead, relatively weak economic fundamentals in the Eurozone, combined with the resilience of the US economy,...
✅EUR_USD made pullback From the falling resistance Just as I predicted and is Now making a retest of The horizontal support Level of 1.0728 from Were we will be Expecting a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
All ideas are strictly my interpretation of price action. I am not a professional trader nor are these ideas professional advice. I will try to update my positions frequently.
OANDA:GBPUSD scalp enter moder , ex Unlock the power of precise market timing with our CISD and OB Enty strategy. This dynamic duo of technical indicators provides traders with a comprehensive framework for identifying optimal entry points in the market.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCAD has been overall bullish , trading inside the rising channel in blue. At present, USDCAD is undergoing a correction phase, trading within the short-term falling channel in red, and it is currently approaching the lower bound of the channel. Moreover, it is...
Hello,Friends! We are now examining the GBP/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.136 level. ✅LIKE AND COMMENT MY IDEAS✅
Bearish Bat Pattern has been observed on the 1 hour timeframe. Trade on the break of previous LL. Trade Plan: Short Entry: 1.37117 SL: 1.37658 TP1: 1.36580 TP2: 1.36040
Daily bearish trendline has broken and is now being retesting, so I am now looking at buys. There's been a bullish impulse with a bearish correction (pullback) happening now. If price follows suit there should be a bullish continuation happening soon pushing price bullish. This will have EMCers looking for entries Thursday or Friday to take price up to around...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice.
A #short trade opportunity recently presented itself on the #aussieloonie (#AUDCAD) #trading chart 📉. This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.90717 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward momentum...
GBP/USD surged to 0.786 retracement 1.2622 earlier, but then fell back below 0.618 retracement. The RSI failed to close above the 60 threshold, thus still showing negative sentiment, and the lack of divergence suggests that GBP/USD could resume its downtrend and continue lower in the coming weeks. A break below 1.2465 would confirm that the bearish trend has...
Seems like completed A wave, short and long idea.
AUDJPY has been trending up for a really long time. We can see this on the higher (W1, D1) timeframes. I'm entering after a pullback as price continues upward to take advantage of that trend, and entering on the Daily candles. I'm setting a 1:1 TP, 0.5% risk. As boring as it comes, but profitable boring trading is still profitable trading. Good luck!