MY PREDICTION FOR EURUSD 4 HOUR PROJECTIONAs we observe , it actually will goes down as we predicted last week , unfortunately there was a news where a rumors talking about biden and putin , so the news triggerred all major usd pair so that bull taking over market and goes ( break ) major trendline on daily chart that be defined by SMA .
So back to our prediction ,
it will now trying to make a fakeout before getting back on its original path where it will goes down to respect another zone if its break , if not it will a major/minor retracement before gets back to its original path
Thats all from me GP XENIX
Stay safe everybody , love u all <3
Intradaytrade
XAUUSD (GOLD) 4H ChartMarkets eye US CPI data for further direction.
Factors to watch for gold price action-
Global stock market- Bullish (Negative for gold)
US dollar index –Bearish (positive for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $1825, violation below targets $1810/$1800/$1770/$1750. Significant reversal only below $1750.The yellow metal faces strong resistance of $1840, any violation above will take to the next level $1853/$1860/$1877/$1912 is possible.
It is good to sell on rallies for $1834-35 with SL around $1851 for TP of $1780.
DISCLAIMER: ((trade based on your own decision ))
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04.02.2022 GBPUSD London Daybreak trade idea04.02.2022 GBPUSD London Daybreak trade idea
Buy stop @ 1.35924
SL: 1.35624
TP1 : 1.36124 (20 pips)
TP2 : 1.36226 (30 pips)
Sell stop @ 1.35584
SL: 1.35884
TP1 : 1.35384 (20 pips)
TP2 : 1.35278 (30 pips)
Disclaimer: This is just a trade idea.
Trade at your own risk.
Intraday Sells Forecast on GBPNZD Strategy is simple, we have outlined the key levels and we are anticipating for a SELL on the positions marked only if a rejection pinbar forms on the key level signifying sells. Any other type of candle formation like a spinning top or Doji is not acceptable. This is because if a candle like that forms not signifying a clear rejection of that level then most likely the Intraday trade wont take place and the market will just range and be undecided on that day.
//EURUSD Final 4 Sessions of the Week, Avg RR 5.11:1, +7.33R //
Hello All, This ^^ is my Technical breakdown of Eurusd on the 3m Chart
I detail the Final 4 Trading Sessions of the Week and how I earned
+7.33R.
During this time period we had 2 USD Red Folder News Releases.
I review our last release of the week, USD CPI and How I used it
to get the price I wanted and earn +2R (2 Times my Risk)
If you have read this Far , I appreciate it.
We have quite a bit of news during the next week. Jan 31-Feb 4
Cheers to a good trading week and Safe Trading
+2.5% Quick Intraday play on EURNZDHi traders,
THE STATEMENT
Here you have a quick scalp idea on FX:EURNZD , using H1 for directional bias and M10 for execution.
THE PLAY
On H1 time frame, there is a bearish RSI Divergence forming since 14th of January 2022. However despite the RSI Divergence, there is no other confluences indicating a reversal (no Break of Market Structure or Lower Lows and Lower Higs ), meaning: We sit on our hands!
On 18th January 2022, there is a clear Double Top forming (clear rejection between 10h00 and 11h00).
To consider going short, we need the price to create a Lower Low and Lower High . For our trade execution we are looking for an entry on the 10 minute time frame .
Price breaks our level and rejected it as well as EMA 21. Additionally candle closes as an Inverted Hammer .
THE RESULT
+2.5% for a quick intraday play that lasted 4 hours.