EURAUD Forecast (Short): Entry Price: 1.71900 Take Profit (TP): 1.68300 (3600 pips below the entry point) Stop Loss (SL): 1.73820 (1920 pips above the entry point) Rationale for the Forecast: Current Context: EURAUD is near a resistance level, indicating a potential downward reversal. The Take Profit level (1.68300) is close to a key support level, which could be reached if the euro weakens or the Australian dollar strengthens. The Stop Loss level (1.73820) is set above a key resistance level, minimizing risks in case of an upward breakout. Fundamental Factors: EUR: Mixed economic data from the Eurozone, with potential weaknesses in industrial production and consumer confidence, could pressure the euro. AUD: Positive data from the construction sector and potential improvements in commodity prices could support the Australian dollar. Technical Factors: The level of 1.71900 is a resistance zone where a downward move is possible. The level of 1.68300 is a support zone where profit-taking could occur. The level of 1.73820 is a zone above key resistance where the Stop Loss would be triggered. Recommendations: Target (Take Profit): 1.68300 (3600 pips profit). Risk (Stop Loss): 1.73820 (1920 pips loss). Risk-Reward Ratio: 1:1.875 (profit nearly twice the risk). Scenarios: Optimistic Scenario: EURAUD reaches the 1.68300 level, and the position is closed with a profit. This could happen if Eurozone data weakens further or Australian data improves. Pessimistic Scenario: EURAUD breaks above the 1.73820 level, and the position is closed with a loss. This could occur if Eurozone data improves or Australian data worsens. Conclusion: The current trade has a favorable risk-reward ratio (1:1.875). It is recommended to monitor news from the Eurozone and Australia, as they could impact the pair's movement.
EURUSD TRADING JOURNAL March16 Price in a bias bull Price is in a Premium M/W Premium daily range in a and a premium previous range. Dealing range ? pips News 8:30 NY Price went from discount to equilibrium to premium back to the 50 before closing in a premium Price took sell side and rebalanced sell side inefficiency and took previous buy stops March 17 ideas Wait for Sundays session to play to evaluate Mondays plan. Note price is rebalancing a HTF FVG, coming to the .75 level Watch for swings at 1 or 2 macro Watch what stops are taken My Model Factors Price will have to do the following for me to trade *session liquidity taken *macro time only *first presented FVG *4 candle pattern *hour analysis down to 1 min every 15 minutes *every hour mark out what price has done FOLLOW THE RULES
the order block below it's a high probability for the buyers to take control of the market potential price movement.-25% risk
⭐ Future Trading Signal ⭐ Exchanger: Bybit/Binance/CoinW LONG ? Pair: BTC/USDT ? Leverage: 25-125X ? Entry Limit: 80789 Take Profit Targets: ? TP1: 82500 ? TP2: 85947 Stop Loss ?: 79613 Good luck! ?DON'T BE GREEDY??
Key Trading Level: 94.70 Bearish Scenario: The overall sentiment remains bearish, aligned with the longer-term prevailing downtrend. Recent price action suggests a sideways consolidation, indicating potential continuation of the downtrend. A bearish rejection from 94.70 could reinforce selling pressure, targeting 92.33 as the first support level, with further downside extending toward 91.18 and 89.60 if bearish momentum strengthens. Bullish Scenario: A confirmed breakout above 94.70 and a daily close higher would invalidate the bearish outlook, signaling a potential shift in momentum. If buyers gain control, the next upside targets would be 95.56, followed by 96.60, where further resistance may emerge. Conclusion: The 94.70 level is a key pivot point in determining AUDJPY’s next directional move. A rejection at this level would reinforce the bearish outlook, while a breakout higher could indicate a potential trend reversal. Traders should monitor price action around 94.70 for confirmation of the next move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GBPAUD Forecast (Short): Entry Price: 2.04900 Take Profit (TP): 2.02600 (2300 pips below the entry point) Stop Loss (SL): 2.05600 (700 pips above the entry point) Rationale for the Forecast: Current Context: GBPAUD is near a resistance level, indicating a potential downward reversal. The Take Profit level (2.02600) is close to a key support level, which could be reached if the pound weakens or the Australian dollar strengthens. The Stop Loss level (2.05600) is set above a key resistance level, minimizing risks in case of an upward breakout. Fundamental Factors: GBP: Weak GDP and industrial production data from the UK could put pressure on the pound. AUD: Positive data from the construction sector and potential improvements in commodity prices could support the Australian dollar. Technical Factors: The level of 2.04900 is a resistance zone where a downward move is possible. The level of 2.02600 is a support zone where profit-taking could occur. The level of 2.05600 is a zone above key resistance where the Stop Loss would be triggered. Recommendations: Target (Take Profit): 2.02600 (2300 pips profit). Risk (Stop Loss): 2.05600 (700 pips loss). Risk-Reward Ratio: 1:3.3 (profit more than three times the risk). Scenarios: Optimistic Scenario: GBPAUD reaches the 2.02600 level, and the position is closed with a profit. This could happen if UK data weakens further or Australian data improves. Pessimistic Scenario: GBPAUD breaks above the 2.05600 level, and the position is closed with a loss. This could occur if UK data improves or Australian data worsens. Conclusion: The current trade has a favorable risk-reward ratio (1:3.3). It is recommended to monitor news from the UK and Australia, as they could impact the pair's movement.
The previous trading idea has played out with 3 out of 4 marked zones reached. We saw a false breakout from the descending channel, followed by a pullback in line with the overall market—returning to the channel’s support zone. I’ve noticed a potential formation of either a diamond pattern or an expanding triangle, but we’ll see how it plays out further. Regarding declines and support zones: -10.71% drop to the support of the descending channel. -26.27% drop to the anticipated support of the expanding triangle. -50% drop, likely as a squeeze under extremely negative news. Regarding growth and resistance zones: +65% rise to the resistance of the internal channel. +110% rise to the resistance of the external channel (and if a diamond pattern forms, then its boundary). +246% rise as a second attempt to break out of the descending channel. +440% rise as a potential realization of diamond pattern pricing (if it forms). All of this should be factored into your trading strategy, even the less likely scenarios. I'll share the execution of the previous trading idea in my TG. I've also marked it on the chart.
I am willing to but on the OB. cause of the oder flow
https://www.tradingview.com/x/eIrUrB0H/ Hello,Traders! SILVER made a strong Bullish brekaout and The breakout is confirmed As the daily candle closed above The key horizontal level of 33.20$ So we are bullish biased But we will fist expect some Correction on Monday With the potential retest Of the new support level From where we believe Growth will continue Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Hello Traders GBPUSD-H4 is Bullish After a Bullish BOS, i can identify discounted price for possible long positions targeting the newly created swing high. *Following EU analysis, in this case i have also outlined how price grabbed LQ in the rising wedge and continued to the upside without tapping into either equilibrium level or extreme levels. The best thing we can do is react to what the market does. instead of predicting.