Hello,Friends! Previous week’s red candle means that for us the EUR/CAD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.467. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP/AUD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.931...
Using the BBMA Strategy by OA, a Re-Entry Short in 4H time frame appeared and using a multi- time frame analysis , I'm now waiting for a confirmation in TF 2 and TF 3 ( 15m Entry ). 4H - Re-Entry 1H- 50 EMA Rejection + Extreme Sell 15m- wait for CSAK + Retest in MAHILO min 15m Note: * Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines)...
AUD/USD FOREX Broke the ascending trend and now waiting for a retest at the resistance level. At least that's what I'm waiting for. Trying to anticipate a possible fakeout, etc. Just a simple trading idea fam, DYOR.
Results. You can not afford to miss these type of trades again. Start following Blue_Magic_fx Please follow as motivation.
🔎As you can see, on the 12th of February, I believed in a fall on the euro, after hitting the first our target (1.06950 ) the euro started an upward retracement movement in the weekly time frame and became expensive in the weekly time frame and after reaching the important weekly level(blue rectangle) in the Daily and 4H timeframes structure changed to sell...
According to Pullback from R level (1.14800) According to Fibo Retracement According to Divergence on CCI According to Weakness (Possible three top reversal pattern) beacuse Pric Below Level of 100 on CCI
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This is for educational purpose and not a financial advice
EURJPY Short Setup, Ichimoku looking promising, price action follows.
Even though previous week was pretty bullish I still expect the bearish trend will continue and it will keep taking out the weak lows. The move during NFP didn't really give a clear signal what direction price wants to go, we'll see during CPI upcoming Wednesday I guess. I would like to see the imbalance to get filled first with a nice rejection which will...
I will be looking for buy positions on this pair that shows a beautiful continuous uptrend. I will see how it goes . Happy _ Trading.
USDCAD Technical Analysis - The USDCAD pair breaks the key resistance area and extends the rally above the channel. daily chart, We can see that USDCAD broke the key resistance of 1.3620 following the hot US CPI report and extended the climb to the top of the channel. This has opened the door for a climb to the 1/3862 resistance, so buyers will look for...
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. EURJPY STILL STRONG. 📚 👉As we can see price is still overall bullish trading inside this rising channel making clean higher highs and higher lows, Meanwhile, price is now in a clean correction movement. 👉Moreover, price is...
GBP/USD continues to decline below 1.2500 due to the strong US dollar and political tensions in the Middle East. This not only puts pressure on the British pound but also weakens the UK economy, causing instability in the currency market. Furthermore, the price has broken through the trendline, indicating that the downward trend of this currency pair is becoming...
🌳Hello every one 🟡USDCHF is in a CRAB Pattern . This Means The Price Still has room For Being Bullish . Ex Ret is 1.618 So It Is Safe To Say The Price can reach 1.01. The price can rise up to top of the broadening wedge and then fall. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck
EURCAD broke out of the channel. The chart broke the level of dynamic support, which now acts as resistance. The price has reached the 62% retracement level. We think that after the support breakout the price will continue to decline. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
Hey Traders, Here's a full detailed video on the long term Technical and Fundamental story of USD Forex Pairs. Covering the EURUSD/AUDUSD/NZDUSD and GBPUSD in high detail with predictions and trading plans of mine for 2024 and beyond. To see the picture, you need all parts of the story. Watch and learn.