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EURAUD MARKET ANALYSIS AND PRICE PREDICTIONEURAUD, Is presently consolidating at institutional renegotiation zone, decision has been take in favor of the Bulls because market has broken structure twice upward. The Final decision will still favor the Bulls , price will break the renegotiation trend line with as shift candle (FVG) and head towards the renegotiation resistance to clear of the buyside liquidity. NOTE: Price will retrace from this inducement move to fill up the imbalance and give the Bull a perfect entry at 61.8% discount price. Watch out for the Price at entry zone to go long with it. Entry, Take Profit And Stop Loss Are clearly marked out on the chat. GOOD LUCK GUYS!
Long
by Akpambang
2
GBPUSD POSSIBLE SELL Based on DAILY the market still bearish.The 4HR TF, the market seems to be forming a possible reversal pattern. We could see SELLERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
Short
by WiLLProsperForex
1
DROP , BASE , RALLY Pattern DROP , BASE , RALLY pattern is my most favorite pattern to identify on charts and take trades accordingly. Simple explanation of this pattern is that '' price drops to a certain level and then starts accumulation or form base level with bit of liquidity hunt to the down side. Bullish rally begins after the liquidity hunt and formation of strong base. In this pattern we can take several trades by managing risk with the stop loss at previous low or high. This Pattern can be identify in any financial market with the accuracy of above 80%. (personal point of view on experience) Not a financial advice, trade on your own risk. Only for educational purpose. Regards: Javed ali nagri
Long
by javedalinagri
1
GBPZAR MARKET ANALYSIS AND PRICE PREDICTIONGBPZAR, has been consolidating at the institutional renegotiation zone, price has already broken a structure twice upward, meaning the decision has favored the Bulls Twice. Am fully persuaded that the final decision that will effect a change of market direction will be in favor of the Bulls( because of the pattern and the characteristics of the consolidation). Price will break That renegotiation trend line and will head to the renegotiation resistance and clear of the Buyside liquidity. Entry, Take Profit and Stop Loss are clearly Marked on The Chat. GOOD LUCK GREAT TRADERS! I LOVE YOU GUYS
Long
by Akpambang
Daily Analysis of GBP to USD – Issue 171The analyst believes that the price of { GBPUSD } will decrease 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.
Short
by MoonriseTA
GBPCHF is all set to continue its downward movement!The price is moving down within a descending channel. Right now, it bounced off the upper limit of the channel and hit a key weekly resistance. A candlestick pattern with a long upper wick and a small body has formed. Plus, the price has formed a triple top with lower highs. A short trade looks good based on price action and backed by volume analysis, which clearly shows a clear exhaustion of buyers. GBPCHF is moving towards the major volume activity price range around 1.12. On top of that, volume analysis backs this up, indicating that buyers are getting stronger and ready to push the price down. Time Frame: daily Idea support: - Price action - Volume Analysis - Trend analysis
Short
by luisca826
1
AUDUSD - Simplified20SMA - Blue 200SMA - Pink Key Confluence Areas - Grey Lines Market Structure Support/Resistance - Green/Red Dashed Lines Dear Friends: (Away from charts) It will be prudent to give your mind, body and soul a good rest, to recharge for the new upcoming exciting year! How I see it: Pair remains severely bearish. Any TP can serve as a strong enough support for a reversal Firstly, a series of quality HL's is required A 1D break, and body close above confluence could be a good bull signal Keynote! The RBA will have to intervene in some shape or form against the new $ strength. I deeply appreciate you taking the time to study my analysis and point of view.
Short
by ANROC
Buy GBP/NZD Channel BreakoutThe GBP/NZD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2.2053 2nd Support – 2.2132 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
10
EURUSD H1 17/12/2024 - SELL below 1.0505 1.0480EURUSD H1 17/12/2024 - Bearish pressure by macroeconomic fundamentals and a dovish ECB outlook Technical Analysis Summary D1 (Daily Chart) Trend: Bearish with price trading well below the 200-SMA and stuck below the 20-EMA at 1.0540. Indicators: RSI: At 40.64, indicating bearish momentum and approaching oversold conditions. Stochastic: Bearish crossover below 40, showing potential for further downside. MACD: Negative histogram and signal line, confirming a bearish outlook. Key Levels: Resistance: 1.0530 (20-EMA), 1.0560 (near-term swing high). Support: 1.0480, 1.0460, and a broader target of 1.0435. H4 (4-Hour Chart) Trend: Consolidation in a bearish channel, with price unable to break above the 50-SMA. Indicators: RSI: At 42.81, reflecting bearish momentum. Stochastic: Bearish crossover heading down towards oversold levels. MACD: Bearish histogram, confirming bearish continuation. Key Levels: Resistance: 1.0515, 1.0535 (50-SMA). Support: 1.0485, 1.0460. H1 (Hourly Chart) Trend: Bearish, with price below the Ichimoku cloud, 50-SMA, and 200-SMA. Bearish momentum is strong after a recent failed attempt to recover. Indicators: RSI: At 38.13, signaling bearish momentum below 40. Stochastic: Near 10, indicating oversold conditions and suggesting a potential short-term pullback. MACD: Bearish histogram with a downward signal line. ATR: At 10 pips, reflecting moderate volatility. Key Levels: Resistance: 1.0505 (minor), 1.0530 (20-EMA). Support: 1.0485, 1.0460, 1.0435. M30 (30-Minute Chart) Trend: Downtrend with price consolidating near support at 1.0485. Indicators: RSI: At 34.85, approaching oversold conditions. Stochastic: At 12, suggesting a minor pullback may occur before further declines. MACD: Negative momentum remains intact. Correlated Financial Instruments US Dollar Index (DXY): DXY remains firm above 106, supporting a bearish EUR/USD outlook. USD strength continues as inflation data backs expectations of steady Fed policy. Gold (XAU/USD): Gold remains under pressure, further confirming USD strength. Trade Plan for EUR/USD H1 Trade Setup 1: Bearish Continuation on Retracement Rationale: Given the clear bearish momentum and inability to break key resistance levels, a retracement toward resistance offers a short-selling opportunity. Trade Details: Entry Price: 1.0505–1.0510 (near minor resistance). Stop-Loss: 1.0535 (above the 20-EMA on H1). Take-Profit Levels: TP1: 1.0485. TP2: 1.0460. Risk/Reward Ratio: ~1:2. Trade Setup 2: Breakout Short Below 1.0485 Rationale: A clean break below 1.0485 support will confirm a bearish continuation towards the next key levels. Trade Details: Entry Price: 1.0480 (on breakout). Stop-Loss: 1.0505 (above breakout resistance). Take-Profit Levels: TP1: 1.0460. TP2: 1.0435. Risk/Reward Ratio: ~1:2. Trade Setup 3: Intraday Scalping Short (M30–H1 Levels) Rationale: If a short-term pullback occurs, use M30 chart resistance as an entry. Trade Details: Entry Price: 1.0500 (psychological level). Stop-Loss: 1.0515. Take-Profit Levels: TP1: 1.0485. TP2: 1.0475. Risk/Reward Ratio: ~1:1.5.
Short
by napoleon182
9