GBPJPY for bearishLooking bearish for this pair after so long in bullrun mode. Hopefully. Trade with your own risk. Any idea please put on your comment. Tq Shortby ewtradersbhUpdated 8831
EURUSD → it formed a descending widening wedgehello guys... as you can see OANDA:EURUSD broke the descending channel and now it is on top of the breaking area! FX:EURUSD is forming a descending widening wedge and I put a example of this pattern here! I believe if you wanna get a long position on eurusd, be ready to break the top line of this pattern! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and commentLongby melikatrader94Updated 7745
sell positionIn the chart, static and dynamic resistance intersect and cause the price to fallShortby city19112
@@@@ EURCAD UNIQUE IDEA $$$$Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURCAD. EURCAD is making the rising wedge pattern and almost breakout done. Here it has Maximum chances we can see drop upto 100Pips+. As CAD is getting stronger that is also affecting this. Keep in touch we will update further soon.✍Shortby Williamforex1
Trade Like A Sniper - Episode 12 - GBPAUD - (1st June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing GBPAUD, starting from the 12-Month chart. - R2FEducation10:39by Road_2_Funded1
GBPUSD FOR BEARISHLooking bearish for this pair. I guess will drop more next month. Trade with ouwn risk . Trade direction not a sharp entry.Shortby ewtradersbhUpdated 6
UCAD for BULLISHProjected to be continue bullish movement. Trade with your own risk.Longby ewtradersbhUpdated 1111
IT Could Be One of those CYPHER Patterns I Keep Hearing AboutTwo equal measured moves would bring the price exactly to the .786 retracement which I believe completes a Bullish CYPHER Pattern . Just a possibilityLongby mixxupp290
SHORT EURUSDAs we are seeing in the chart, 1. from the left in 1h, liq has been sweept 2. after the price have cleared the the liq it droped. 3. price went to retest the liq zone 4. from retesting the zone, it droped and left the gap 5. zoom to 15TF, wait the price to fill 6. short it. This is not a financial advice. Shortby BoaNergeTrading114
EURUSD - 8 Hrly Chart - Weekly Forecast - 03 June 2024The two potential bullish and bearish options for the week ahead I wouldn't trade till we reach one of these two areasShortby TraderRiz115
EURUSD - Weekly Forecast - 03 June 2024Weekly forecast for 03 June 2024 We are respecting the FVG created by the wicks, we are only hitting the 50% of that, until i see a close above that my bias is short. Looking to short at the areas shown. Shortby TraderRiz1
EURUSD - Weekly Forecast - 03 June 2024My weekly forecast for EURUSD for the week of 03 June 2024 I see us going lower.Short04:26by TraderRiz224
Trade Like A Sniper - Episode 11 - SGDJPY - (1st June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing SGDJPY, starting from the 6-Month chart. - R2F10:59by Road_2_Funded1
GBPAUD forecastThe Bank of England (BoE) has been maintaining a restrictive monetary policy stance with the Bank Rate currently at 5.25%. This policy aims to bring inflation down to the target of 2% sustainably over the medium term. Despite a significant decrease in inflation from its peak, the BoE remains cautious and indicates that monetary policy needs to remain restrictive until inflationary pressures are fully under control. However, recent economic forecasts suggest that the BoE might begin cutting interest rates as early as June 2024. This expectation arises from the rapid decline in inflation and the UK's economic struggle, necessitating a potential loosening of monetary policy to support economic growth . The Reserve Bank of Australia (RBA) has kept its cash rate at 4.10% and has been cautious about further rate hikes, emphasizing data dependency in its decisions. The RBA aims to manage inflation while considering the economic impact of higher interest rates on growth and employment. by Nepalkoraja111
AUDUSD, getting ready for flight to 0.70.AUDUSD is registering huge net buy volume on the weekly data suggesting a shifting trend to the upside long term. Higher lows on weekly histogram and pricing has been created cementing the current range as the new base for the series of price growth. It is now sitting at 61.8 FIB LEVELS -- an area where buyers converge. Expect more upside valuation for the pair in the near term. Spotted at 0.6650 TAYOR Safeguard capital always. Longby JSALUpdated 3324
EURUSD downtrend continuesDear traders! EURUSD continues to remain within a medium to long-term downtrend channel despite some mild recovery yesterday, but overall still unable to overcome 1.0850 resistance amid shifting sentiment from That pulled the EU down sharply to near the 1.0800 support level as of now. Accordingly, Resistance at 1.0850 continues to hold prices amid correction and sell-off. I expect that after a recovery and testing the liquidity of the market, the price will decrease. This decrease is expected to reach 1.0790 and 1.0755 at least.Shortby ConanForexUpdated 181843
EURUSD Possible bullish reversal this next week?I will keep my description brief as you can see the key areas of the chart in the photo. Right now price has broken and retested successfully an ascending channel pattern. Price is moving with heavy bearish movement down to a key weekly support zone price area of 1.07300- 1.07100. There is what appears to be a broadening descending channel chart pattern forming which is a correctional pattern after heavy bullish movement for a long period of time. If price has a clear break and retest of the Weekly Support Lvl then the bearish momentum will continue which we have seen so much of on 4HR/Daily/W Time frames. I will be looking for longs at this weekly support area. In the mean time for those scalpers. Enjoy catching some very good moves to the upside and downside over this coming week. Happy trading and see you all nest week. by RobertTMFX2
WEEKLY SUPPLY ON EURAUDI am currently in this trade for a few weeks. I see AUD strenthing with AUDCHF, AUDNZD and AUDUSD.... so GBPAUD and EURAUD could go bearish after tapping into supply zones. Shortby tothetopcurt1
USD/JPY Price Reaction at 4H Order Block Suggests Potential SellThe USD/JPY pair has recently reached a 4H Order Block and reacted accordingly, but the most recent minor wave is still an upward movement. To confirm a potential sell entry, we need to wait for a reversal break. Here's a breakdown of the situation: 4H Order Block: This is a significant area of previous buying or selling pressure, and the price reaction suggests its relevance. Minor Upward Wave: Despite the reaction at the Order Block, the immediate price action shows a small upward movement. This could be a retracement or a continuation of the previous trend. Reversal Break: To confirm a sell setup, we need to see a clear break below the Order Block or a significant bearish reversal pattern (like a double top or head and shoulders). Trading Strategy: Wait for Confirmation: Avoid entering a sell position prematurely. Wait for a confirmed reversal break below the Order Block or a strong bearish signal. Set Entry: Once the reversal is confirmed, consider entering a sell position with appropriate risk management (stop-loss and take-profit levels). Monitor Price Action: Keep a close eye on the price action for any signs of a trend change or reversal. Additional Considerations: Technical Indicators: Use additional technical indicators (RSI, MACD, etc.) to confirm the bearish bias and increase the probability of a successful trade. Fundamental Analysis: Stay updated on fundamental news and economic data that could impact the USD/JPY pair. Risk Management: Always prioritize risk management and avoid risking more than you can afford to lose. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a financial professional before making any trading decisions.by fxtactix1
GBP Price Consolidates Between Daily Resistance and 4H SupportWhen the GBP price moves within the zone between the daily resistance and the 4-hour support, it indicates several possibilities: Market Situation: Temporary sideways movement: The market is in a consolidation phase, with the price fluctuating within a narrow range. This could be due to traders waiting for more information or new catalysts to determine the next trend. Impending reversal: If the price has been rising for an extended period, moving within this zone could signal an upcoming downward reversal. Conversely, if the price has fallen sharply, this could be a sign of an upward reversal. Accumulation before breakout: The price could be accumulating momentum to break through the resistance zone (upward movement) or break down the support zone (downward movement). Trading Strategies: Caution: During this phase, it's best to exercise caution and avoid large trades. Traders can wait for the price to move out of this zone to confirm the trend before making a decision. Range trading: Some traders may choose a range trading strategy, buying at the support zone and selling at the resistance zone. However, this strategy requires skill and experience to manage risk. Placing pending orders: Traders can place pending buy orders above the resistance zone or pending sell orders below the support zone to take advantage of breakout opportunities. Further Analysis: To make better trading decisions, investors should consider the following factors: Other technical indicators: Use a combination of other indicators such as RSI, MACD, moving averages, etc. to assess the market's momentum and trend. Fundamental news: Monitor important economic and political news that could affect the GBP price. Trading volume analysis: Trading volume can provide additional information about the strength of the current trend. Important Note: Financial markets are always volatile, and no strategy guarantees success. Investors should conduct their own research and thorough evaluation before making any trading decisions.by fxtactix0
A B( triangle) then c wave for 2?I like this setup on a low risk sale at 10920-50… see if it plays out. Shortby mrenigma112
113.273 AS A BUY BUY PRICE OFFER!!!!The Second quarter of the year is over! What’s that summary of price action so far? Well… price remained bullish. JPY keep weakening. In all, if price is offered at 113.273, a buy opportunity is expected to occur . Keep a close watch Longby Cartela1