Smartmoney
USD_CHF WILL GO UP|LONG|
✅USD_CHF has retested a support level of 0.8550
And we are seeing a bullish reaction
With the price going up but we need
To wait for a confirmation
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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USD-CAD Is Overbought! Sell!
Hello,Traders!
USD-CAD is trading in an
Uptrend and the pair is
Locally overbought so
After it hits a horizontal
Resistance of 1.3800
From where we will
Be expecting a
Local bearish correction
Sell!
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Will a XAUUSD reach $2,700?In the 4-hour time frame, the ounce was able to close the indusment and can still collect liquidity in the $2,650-$2,700 area.
We have two scenarios that I drew for you.
Scenario 1 is that it collects liquidity above the ceiling of the four-hour timeframe and then declines. Of course, it is not necessary to collect all the liquidity and it can be reduced sooner.
In scenario 2, after collecting the liquidity, it can close the 4-hour timeframe ceiling and continue its ascent after that.
EURUSD: Bullish Continuation & Long Trade
EURUSD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURUSD
Entry - 1.0935
Stop - 1.0877
Take - 1.1037
Our Risk - 1%
Start protection of your profits from lower levels
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NATGAS: Long Signal Explained
NATGAS
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long NATGAS
Entry Point - 2.628
Stop Loss - 2.519
Take Profit - 2.824
Our Risk - 1%
Start protection of your profits from lower levels
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SPY: Bearish Continuation is Highly Probable! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the SPY pair which is likely to be pushed down by the bears so we will sell!
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GBP_CHF NEXT MOVE|LONG|
✅GBP_CHF will be retesting a support level soon at 1.1140
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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USD-CHF Bullish Bias! Buy!
Hello,Traders!
USD-CHF is trading in a
Local uptrend and the pair
Is consolidating above
The horizontal support
Of 0.8550 so we are
Locally bullish biased
And we will be expecting
A further move up
Buy!
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GBP-NZD Potential Long! Buy!
Hello,Traders!
GBP-NZD is making a
A local correction but
The pair is trading in an
Uptrend so after the retest
Of the horizontal support of 2.1330
We will be expecting a
Local bullish rebound
Buy!
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USOIL: Bearish Continuation & Short Trade
USOIL
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short USOIL
Entry Point - 75.44
Stop Loss - 77.07
Take Profit - 72.31
Our Risk - 1%
Start protection of your profits from lower levels
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QQQ: Weak Market & Bearish Forecast
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the QQQ pair price action which suggests a high likelihood of a coming move down.
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GBP_NZD WILL GROW|LONG|
✅GBP_NZD is about to retest a key structure level of 2.1350
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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GBPUSD Long 11/10/2024Asset Class: Forex
Income Type: Weekly
Symbol: GBPUSD
Trade Type: Long
Trends:
Short Term: Down (1H, 4H)
Long Term: Up (Daily)
Set-Up Parameters:
Entry: 1.30616
Stop: 1.29970
TP1 1.32519 (3:1)
Trade idea:
4h DBR at breakout,
Downtrend Reversal to Uptrend
RSI oversold and showing strong Divergence.
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.