GBPJPY Jul 14th AnalysisPossible Head and Shoulder if 4H closes bearish. Price will test pennant trend line area and have a strong rejection creating another weekly sellers exhaustion.
4h
GBPUSD Sideway StructureGBPUSD has formed a sideway structure and you guys can sell at the resistance area and buy at support area. Good Luck
EURUSD July 12th AnalysisPrice currently at bottom of monthly zone. Weekly sellers exhaustion. Creating a reversal pattern on 4H. Also Bullish divergence on 4H. Expecting price to break out of pattern and reach TP 1 and TP 2.
Bitcoin will close to the week at $34500 - $35000 Bitcoin started the 9 Jul with an Abnormal Pin Bar . At the same time, that candle has returned from a strong key level and a trend 1 support. Also the volume approves of the return too.
I think the overall situation isn't very heartwarming, but it will go green for bitcoin this weekend. and It’s going to start next week in the $34500 - $35000 range.
Indicators used:
- Volume (20)
- Abnormal Pin Bar (2, 4.5, 2)
- Trend Key Points (10, 3, 1, 0, 2, right, 10)
EURUSD - 4H - DIVERGENCE - LONG/BUYDivergence in 4H,
This can be a possible sign of reversal, BUT as this is a counter-trend setup,
Please enter with appropriate RISK.
only Enter If we have strong Bullish confirmation in M15 or Above.
Happy trading.!
Best Regards,
The MorningStar Forex
BTCUSD/4HDo you see that we are at the end of ABC corrective wave?
In weekly chart I said that it seems we are on 4th wave of Eliot wave and here you can see that.
As always, I can say again that holders are the winner.
btcusdt/4hDo you see rising wedge pattern? in 1d chart I said we're going to see 22704$ and right now btc is so close to our target.
We will see!
XAUUSD - GOLD - 4H - NEWS - SHORT/SELLExpected NEWs Effect :
As today USD is publishing its NONfarm Payrolls from one hour to this post,
If it's positive and USD breaks above its inverted head and shoulder position.
Gold will have a huge downside movement, as gold has already diverging 1H before the news.
Please solid Bearish movement and then only enter this trade. Keep your Risk calculated.
This is a fundamental analysis for the long term.
Happy trading.!
Best Regards,
The MorningStar Forex
Short GBPJPY- LT bearish structure shows no signs of reversal, trading lower time frame trend
- 4H MA crossover 20&50
- Entry chosen at fib level + previous low
- Quick trade, relatively small stop loss making it relatively high risk
USDCAD quick buy (moderate-high risk idea)- I wouldn’t be surprised to see USDCAD going more in the bearish direction on higher time frames. That being said, this trade is an attempt to counter trend trade under the assumption USDCAD will retest to the upside, then continue down.
Why is it moderate-high risk?
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-USDCAD May continue to go bearish without retesting to the upside.
- That being said, it is a quick trade, and if USDCAD either continues in the bullish direction and breaks the trend line, or retests then goes bearish, we will most likely be in the green on this trade.
ksmusdt/4HThis is update of last chart with Bearish Gartley pattern. I think we going to have AB=CD after price kissed D.
BTCUSD - 4H - SUPPLY/DEMAND - LONGOur traders are looking for the right entry signal to enter this trade. hope this helps you.
Happy trading.!
EURUSD - 4H - HIDDEN DIVERGENCE - SHORTEURUSD has been moving in a downward direction for a weekly retracement, Also the 4H timeframe is giving a Hidden divergence, which is a sign of a trend continuation. Please look out for entry-appropriate Price action for Short Swing Trade.
If you like clean analysis like this please follow for more.
Happy trading.!
BTC on important zone, Long and Short IdeasBTC is doing a big range, little triangle inside big one has 50% chance to broke upside, 50& chance to broke downside.
Downside broke dont invalidate current trend unless it does a lower low.
Upper red line is 200 EMA DAILY.
Green Line is Range Support.
Targets in blue lines.
Regards and safe trade.
Engineer Alexa.
Strong possibility of BULLISH Future for EURUSDRead The comment boxes on these charts that i have put out for you. EURUSD in my belief could be gaining enourmous strength over time and price rising thousands of pips over the next few months, and we are now at the beginning breaking point of this possibly huge uptrend.
ETH just closed below long term trend lineClosed below the yellow trend line on the 4H (log scale).
The trend line seems to be significant since January 2021.
On the linear scale, however, we haven't broken that trend line yet.
