It sounds like the EU pair presented a favorable opportunity, reaching up to the previous range's mega sell level, knocking them out, and now experiencing a heavy selloff. I hope you and your fellow traders followed the steps provided, engaging in both swings and scalps. A nice Christmas indeed if the charts have been cooperative. Looking forward to what 2024...
tp was hit of our last idea, waiting for a pull back to continue on the short side of the market, remember always wait for confirmation.
Opportunity for Short scalp trade with a success rate of over 75% The price is likely to hit TP with a 75% chance, You can manage your position Please note that all the information provided is based on personal opinion, and no responsibility is assumed for any outcomes."
EUR/USD 4-Hour Chart Analysis: Strong Pinpoint Candle and Volume: Identified a strong pinpoint candle on the 4-hour chart with significant volume on Friday. Indicates potential strong market interest or participation. Wick Gap and Failed Fill: Noticed the next three candles failing to fill the wick gap of the strong pinpoint candle. Suggests resistance or...
"Bullish momentum has consistently dictated the market trend in recent weeks. Following a successful retest of a lower key level on the H4 timeframe, coupled with a minor support confirmation on the H1 timeframe, our projection remains optimistic for continued bullish price action throughout the upcoming week." Follow for market analysis ideas and share your comment
We have a change in structure in low times so it is likely that we will go to take liquidity up a mini-scalp
Price trade to a FVG+OB on the 1H Time frame and consolidated and respecting a FVG+OB on the 15min TF. I'm looking for price to trade to the Red Zone (OTE Zone).
Last week, EURUSD hit the 1.10 mark but saw a decline on Monday, dipping close to the crucial zone of 1.08. This zone holds significant importance and could potentially exert downward pressure, possibly driving the price toward the 1.07 level throughout this week. 🔍 Key Observations: Recent high: 1.10 Monday's dip near 1.08 zone Anticipated movement towards...
After taking LQ on below and seeing bullish power on 1 minute timeframe i will entry and my TP would be 1.09261
Order Type: Buy Stop E: 1.08811 SL: 1.08692 TP: 1.0893 Lost: 0.84 Risk: $100 RR: 1:1
#EURUSD 👉New forecast The market rejected a strong resistance zone and rebounded from it. The price is heading towards the lower channel border, and I think the price might break through it. Price action formed an engulfing candle on the weekly timeframe. The market showed some divergence on the 4H timeframe. DXY, on the other hand, tested the key support...
EURUSD D1 – The price has broken the trend line, which may indicate a potential downward movement, for this it is better to wait for a correction for confirmation and a three-wave structure to consider selling. H4 – The price may continue to fall, we should also expect a correction when the trend line is broken, the target for the correction is 1.09615....
On EUR/USD is nice to see strong sell-off from the price 1.09730, there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Downtrend + Strong volume area is my...
This is my personal view of this moment. I think we are on rebound of 4 minor wave of 3° major. I find a potential support area where it can be finish.
This is a good price action about 3 Elliott Wave Open a long after break of wave 1 top
After being blocked around the 1.1000 resistance zone, the price fell sharply in the past session as expected. Currently, a three-candle bearish reversal pattern has appeared on the daily and it has also violated the uptrend line, the signals show. This signal shows the possibility that the price will continue to adjust. Temporarily suspend trading for now, you...
Well as you can see, the price broke the major low, so we are bearish now and looking for a sell setup. In this case, we can define the supply zone (the bearish order block). If the price reaches this zone we can execute the sell position with LTF confirmation. Please pay attention it's not investment advice. Do your own research. 💡Wait for the...