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Demand Zone

EURO Threatening To Break Major Support. Keep Your Eyes Open!The major support at 0.96000 is being threatened to break, once this happens we can expect the price to head way down at next support/ demand zone located at 0.87000. With the FED tightening aggressively to tame the inflation, the likely hood of DXY momentum gaining traction is highly likely! This in turn could make the EURO fall gradually towards 0.87000 level. On the technical note, the main monthly chart of EURUSD shows everything in detail, however in order to trade this wonderful opportunity, we require the weekly candle to close below 0.96000 first after that a short trade can be executed based on the ideal risk reward ratio. All in all its a wonderful opportunity both on technical and fundamental note, all is needed now is for the weekly candle to pierce 0.96000 level then i will post another post that includes the trade details. Trade cautiously and safely. cheers
Short
by FX618Analysis
EURGBP - Possible Short term Buyprice reaches an order block/demand area and forms a QM pattern (higher high and lower low). if price reaches the left shoulder level (fib retracement of 0.718 and 0.886 - best levels for premium or discount ), it could reverse and go bullish . Divergence also occurs at 30M and 1H tf that backs up the bullish behavior. The overall trend is now bearish after it hits a resistance trendline on a weekly tf. So if in case it goes up then it is just short-term. This is just my analysis. I could be wrong of course.
Long
by Chad_Sniper
NASDAQ INVESTORS IDEA FOR LONGINGThis is just a simple old way of trading with Pure Price Action. A long-term view of the Nasdaq. On a weekly time frame, it provides some interesting ideas for going long, let me start by stating that we are on an uptrend, and currently we just experiencing a retracement, a correctional wave. Some people explain it as a point where sellers are given an opportunity to close their loss cheap while on the other hand, it's providing an opportunity for banks that missed an entry earlier to start buying, or simply the ICT or SMC traders call it craping liquidity and triggering buy stops. In pattern trading form we can say that we are having a flag pattern and the market is about to continue the trend. The move is about to start now, the reason being that we are having *equal lows* meaning we might be presented with a *double bottom* that will *break the trendline* and skyrocket 🚀🚀
SKILLING:US100Long
by Frico_NR