USD THB :: slowly heading to the targetStill holding LONGS since 29.90, great profit so far and quite an easy call this time.
USDTHB trade ideas
USDTHB : Bullish trade ideaM/W/D are all bullish
Last week created a bullish FVG
This week, Daily created an OB+
We plan to trade a 1H OB+ within that Daily OB+
USD THB :: further upside expectedSelf explanatory chart. Currently heading to test EMA 200 on weekly chart.
USDTHB 30.8x targetThat is the scenario I'm considering to take my positions. So far it was a great call since opening longs at 29.9x.
USDTHB 31.7x to 31.8x and shortSelf explanatory idea.We had a nice rally from 29.8x almost till now with no significant pullbacks. Let's see first if we can hit the circled target before a pullback.
Small pullback near 31.3xSee my weekly chart for your perusal. Taking into account that price has been quite overbought in the dollar against most pairs, I would feel more confident taking short at current levels for a 50 pips correction more or less before resuming the uptrend.
It also looks like a cup and handle pattern.
USD/THB Hello traders , i took a long on USD/THB last week as how i use my fibb to measure previous correlation on bigger timeframes i measured the retracement to see where my next target as for everyones specific entry rules i took mine above the liquidity areaand waiting for my target to hit i will update this chart incase of any price movement changes
BEARISH CALL This is my bearish trend idea, now during bearish flag you can see it .Wait for clear breakout to downtrend after you can entry, because the overall bearish trend . Only in my opinion.
USDTHB Long oportunity?Hi everyone, looking at monthly chart, we can see that we are approching support from 2007,2008,2013 and 2019, also around the support line we have a fibonnaci extension from the AB corrective wave. From there we may see a price rise. I would like to point out that Thailand is beloved by many people as holiday destination, which may be a trigger to the upside once holiday will be allowed as many people are being vaccinated.
Also check GBPTHB analysis which points the same direction.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
📢USD/THB update short after a correction this pair is on the watch list. We have a breakout of a range. We just need to see a correction for continuation. This pair is on the watchlist 👍
USDTHB BUY Trade Based on Fundamentals + Price ActionTrade based on Fundamentals and Price action. With Risk Management You will Never loss.
Order : Buy
Entry : 31.600
Target :32.280
Target :33
