Forex market
USDCHFThe clear path for the USDCHF pair suggests that the price is expected to move toward taking the liquidity above the highs.
NZDCAD: Bearish Continuation Now Confirmed?!The 📉NZDCAD has formed two significant bearish patterns on the 4-hour chart. I see a bearish flag pattern alongside a double top formation.
The neckline of the double top and the flag's support level have both been violated.
I anticipate that the market could decline further after a retest of these broken levels.
The next support level is at 0.8179.
Correction According to the behavior of the price in the range of the current ceiling, possible scenarios have been identified. It is expected that a change in the trend will take place and we will see the beginning of the correction process
Possibility of correction It is expected that after some fluctuation and correction, the previous ceiling will be broken and we will witness the continuation of the upward trend. Otherwise, a reversal will take place and a bearish trend will be likely
Check the trend It is expected that the support trend line will be broken and the continuation of the movement trend will proceed according to the specified paths. If the price crosses the resistance range, it will be possible to continue the upward trend
Check the trend As long as the price fluctuates above the green support range, there is a possibility of an uptrend. Then, according to the behavior of the price in the resistance range, the continuation of the upward trend will need to be checked
Correction It is expected that the price will rise up to the resistance range, then according to the price behavior in this range, possible scenarios have been determined.
Correction It is expected that the continuation of the downward trend will be formed up to the specified support range. Then, according to the behavior of the price in this range, there will be a possibility of changing the trend
AUDUSD BUY 1 HOUR TIME FRAME Strong Demand Zone
A lot of liquidity up there
Price has to fill the gap eventually
6:29 Risk Reward
Let’s See:)
Sell OpportunitySignal: Sell
Instrument: GBP/AUD (British Pound / Australian Dollar)
Timeframe: 4-Hour Chart
Entry Price: 2.01168 (current price level)
Stop Loss: 2.02085 (above recent high resistance, ~91.7 pips)
Take Profit: 1.95160 (target zone, ~600+ pips)
Risk-Reward Ratio: 6.64 (high reward relative to risk)
Technical Analysis:
Resistance Rejection:
The price has reached strong resistance near 2.02085 and shows signs of rejection, creating a bearish opportunity.
Volume Profile:
The volume profile indicates high volume at lower levels, suggesting a potential return toward equilibrium around the 1.97968 and 1.95140 zones.
Support Levels:
The target aligns with historical support zones around 1.95140, where price consolidation has occurred before.
Risk/Reward Ratio:
The setup has a favorable risk-reward ratio of 6.64, making it a high-probability trade.
gbpjpy longs-price respected 194.750 key level on the daily timeframe
- price formed double bottoms on the intraday time frame
-expecting price to reach 195.615
SELL FROM 1.0950 AND WAIT UNTIL 1.07 PATIENCE IS THE KEY Price Action es very Important
Last Bull Move for EURUSD will be 1.0950 then Sell off is next !!!
EXECUTE
TRUST
PATIENCE
PRICE ACTION
DO YOUR HOMEWORK
TAKE PROFITS
STAY HUMBLE
REPEAT !!!
DONT BE BULL OR BEAR , BE WITH THE MARKET !!
SELL OFF starting now London Closing
TP 1.07 TODAY
TP 1.0665 NIGHT TIME
TP 1.06 BY TOMORROW
Euro taking a Dive
Respect your Time
Stay Humble
Be patient
TRUST THE PROCESS !!
Have a Good weekend !!!
CAFE CITY STUDIO
Coming soon !!! 2024
EUR USD High Risk High reward !!! ONE WEEK PATIENCE !!SHORT IT BEFORE 10 AM NY ET TIME !!
TIME DATA RELEASE !!
TP 1.0650 SL 1.10
Done in one week .
Trade Small
do not over leverage !!
Monday is Federal Holiday !!
Stay Safe
Enjoy Life !!
Life is Good
CAFE CITY STUDIO COMING SOON !!!
EURUSD SELL BY FRIDAY TP 1.0840 SL 1.1015Big sell Next Week !!
Sell Now !!
Stop Loss 1.1015
Take Profit 1.0840
120 PIPS MOVE PROFIT
45 PIPS SL LOSS
Do not Over Trade
Do not Chase the Market
Let Market come to you
This is WEEK PAtience Play
Work on your Trading Psychology
STAY PROFITABLE !!
GBPNZD reaching for the 127% extension on the breakout. Intraday Update: The GBPNZD came very close to reaching the 127% extension of the July highs to August lows at 2.2214, intraday RSI's are overbought which is a risk for bulls near term. Bull flag is still in tact while above 2.1850.
EUR/AUD - Short term trade, reached upper resistance levelHi guys, we are looking into a short term sell on the EURAUD pair, reached upper resistance level on 4H and 1H time frames.
Entry : 1.66160
Target 1.65581
Stop : 1.66447
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Daily Analysis of GBP to USD – Issue 172The analyst believes that the price of { GBPUSD } will increase in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
GBPJPY BUY idea Dear friends and followers on trading view, I present to you my analysis on GBPJPY for your next trade decisions...
Now the GBPJPY is at trend reversal point, if break out successful..
There is possibility of continuous bullish move..
Now we watch what happen around the current price...
Good luck
OLUMIGHTY FOREX TRADING ACADEMY NIGERIA
AUD/USD Short term trade , rise above low RSI levelHi guys, we are taking a look at a short term trade on the AUD/USD , with an asceding scenario , as to we have reached low levels of the RSI Indicator on 1H and 4H time frames.
Entry: 0.63415
Target: 0.63715
Stop loss: 0.63253
RR - 2:1
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
USDCHFThe potential BUY scenario for the pair
The pair is under observation as it approaches the designated BUY zone on the chart.
