GBPUSD > The Market Might Continue Down!Analysis of #GBPUSD
Hi traders, today we will have a look at #GBPUSD
The GBPUSD broke out of this consolidating wedge pattern, I am expecting the market to keep on falling down to test the support level near 1.16500-1.1600
I am watching the market to see if i can get in a sell trade to target the next level of support.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Chartpattren
GBPUSDAfter Breaking Above 1.1750 RESISTANCE, GBPUSD Started to consolidate and confirmated this break as new suppport twice Now the pair looc ready for up continuation and it can rise to the next important resistance arount 1.22. I'm bullish as long as support it intact and buy dips against this level could be a good strategy with a very good R:R
Talha Shaheen
GBPUSD > Beautiful Bearish Harmonic Bat Pattern!! Analysis of #GBPUSD
Hi traders, today we will have a look at #GBPUSD
The GBPUSD might be forming this beautiful bearish harmonic bat pattern on the lower time frame, if someone is into day trading this is a good setup I will say, however I may or may not take it, depending on how the market arrives at the resistance zone or the D leg completion.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
AUDUSD > Interesting Buy Entry for A Good RRR!! Analysis of #AUDUSD
Hi traders, today we will have a look at #AUDUSD
The AUDUSD previously had this reversal pattern which looks like a bullish head and shoulders to me, as you can see the market broke the neckline resistance and now might be coming to visit the zone again
as you know this area now will act as a support level for AUDUSD and could be a very good zone to start looking for a buy entry depending on how the market will get there
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
EURUSD > Still Looking for A Buy Entry!! Following up #EURUSD
Hi traders, today we will have a look at #EURUSD
the EURUSD moved as predicted in my previous idea "you can check it following the link below", and still moving to the downside to test its previous resistance zone which now has become a support zone.
the market might visit the zone near 1.0100, and if it did that will be looking for a vailed buy entry to get in abuy trade for possible continuation to the upside.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.3024
TP: 0.2748
SL: 0.3178
Bias: Short
Recent price study exposes a positive expectation for pairs that run counter to United States Dollar. As we see the strength of dollar is in a declining mode and considering the scope of dollar price changes , the other currencies are oscillating accordingly.
GOLD - H&S confirmed? As it is the case with all USD pairs, Gold is no different. A Sharp rise, multiple rejections then a downtrend.
Looking at the 4hrs chart we see a Head and Shoulders bearish pattern formed and confirmed after breaking below the neckline. Considering that DXY is likely going to confirm an Inverse H$S we see Gold continuing bearish momentum:
1) Testing 100MA at 1731.5 - if it did not rebound then 2 & 3 as well.
2) Pullback to Fibo levels
3) Testing the demand zone between 1703 & 1713
Love, Lacasafxfamily
XAUUSD > The Best Place for A Buy!!Analysis of #GOLD
Hi traders, today we will have a look at #XAUUSD
the GOLD performed in line with the fundamental news we got recently about CPI, PPI, I still expect this move to continue to the upside, but the market needs to calm down and find more buyers, so expect a somewhat short-term move to the downside.
As you can see on my chart, we previously had a solid key market resistance near 1720-1730,
I do believe if the market reaches back to test this zone we will see a bullish reaction where I will drop a one-time frame looking for a buy entry with a good reward to risk if the rules are met.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
EURUSD > You Dont Want to Miss out On These Levels!!Analysis of #EURUSD
Hi traders, today we will have a look at #EURUSD
the EURUSD was not able to close above 1.0500 as you can see on my chart, while I still believe the EURUSD has more room to the upside I think in the short term we can see EURUSD falling back to test its support level near 1.0500-1.0100.
looking at the chart you can see the zone I highlighted newer 1.0500-1.0100 represents the previous resistance which I expect will be good support for the EURUSD.
if the market reaches my support zone I will drop a one-time frame looking for valid reversal patterns or harmonic patterns together in a buy trade with good reward to risk if the rules are met.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.3233
TP: 0.2980
SL: 0.3400
Bias: Short
We have no major directional bias. Dollar will remain strong in spite of all difficulties. We assume that the dollar will strengthen further and the other currencies related to it will decline in recent weeks.
ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.3341
TP: 0.3118
SL: 0.3501
Bias: Short
Crypto pairs are in constant drive for a bearish price trajectory. As we see the price pattern is oscillating between dynamic support and resistance for several weeks in same range , we have projected our set ups according to our expectation from the ranges.
USDCAD > The Best 2 Places for High Quality SellAnalysis of #USDCAD
Hi traders, today we will have a look at #USDCAD
the USDCAD trend has shifted to the downside, if you remember I posted head and shoulders last time on USDCAD, and indeed it moved as I predicted it to move, now I still see a further move to the downside, and I have confirmation that the trend now is to the downside.
now, the question is where to sell?
the first place to look for a sell entry would be of course previous support now became resistance, which is the previous low if we have valid confirmation we can then move to enter a sell trade.
the second level to sell would be the previous lower high, as you can see we had a very good bearish reaction at that level and traders sold the market, so if the market comes and pull back to test its resistance zone I will also be looking for sell entry.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
AUDUSD > The Trend is Shifting Up, Where to Buy!?Analysis of #AUDUSD
Hi traders, today we will have a look at #AUDUSD
the momentum now is to the upside as you can see, we have this impulsive move-up after the market was unable to break its resistance level near 0.6500, which now becomes a support level.
the market now testing its trendline resistance on the daily time frame, of course, after the way the market reached this level, I am not interested in selling the market here, as we might actually continue to the upside.
what I prefer doing is to wait and see if the market pulls back to test its support level and look for a buy entry near support if the market shows a bullish reaction and valid entry with good risk to rewards
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.3401
TP: 0.3150
SL: 0.3566
Bias: Short
For crypto pairs our goal is to look for small opportunities in tight ranges. The study of dynamic support and resistance do not seem to be very appealing for a strong directional bias. We can expect some impulsive moves from current price points.