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Cadjpy strong weekly supply areaWelcome to everyone!
This is cadjpy analysis.
market gave us so many pullbacks to break this area but it couldn't successful. Though it is not reached yet to the projected point because there are few strong points in lower time frames nested in the weekly zone. But hope when market gives another strong move and touches that area then again we may see a good drop.
So lets see what happens next.
enjoy the weekend and Happy Trading.
CHFJPY: Analysis and Plan for the week ahead (15 JULY 2019)Looking at CHFJPY pair, there is a bearish engulfment going on. Price has hit Key Level and price is resisted indicating there is a probability that price will go bearish.
Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
CADCHF: Analysis and Plan for the week ahead (12 JULY 2019)Looking at the CADCHF pair, the price have hit the weekly high again, price is rejecting currently. Therefore looking at the Key Level, the price will be going downwards. Price have been rejected at this key level for the past couple of weeks.
Next move: You may either wait for the candlestick to have a bearish engulfment or you can go short straight away if you feel confident.
Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
AUDCAD: Analysis and Plan for the week ahead (8 JULY 2019)Currently looking at AUDCAD pair. The weekly range is to BUY LOW, SELL HIGH. Now that is is currently at low, we are looking for longs(BUY).
Next move: I will be going long towards the next high.
Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
USD/CAD BEARISH MARKET STRUCTURE*-CONSECUTIVE LOWER HIGHS AND LOWER LOWS
*-REJECTED WITH A PIN BAR OF 1.30684 SUPPORT ZONE
*-WE MIGHT SEE A CORRECTIVE PRICE BEHAVIOUR
*-POSSIBLE CORRECTIVE STRUCTURE UP TO 1.33 FIB/RES/TRENDLINE
*-I AM SEEING A POSSIBLE NICE DOWNTREND HERE AFTER WE HAVE BROKEN A MASSIVE&HUGE IMPORTANT UPTRENDLINE
*-PRICE MIGHT ALSO CORRELATE WITH 50 EMA
*-WAITING TO SEE SOME PRICE ACTION/CANDLESTICK PATTERNS ON MY POCKET BEFORE ENTERING A LONG TRADE
*-BE CAREFULL OF NFP THIS FRIDAY
*-ITS BETTER TO CLOSE ALL OPEN TRADES BEFORE NFP
#tradesafe #education #bestsetup #learn #freecontent
Verge before it goes upThere is a strong support on 110 (orange line on the chart).
This is where we are expecting to start the climb from.
Will buy when it gets there, as I expect it will go through the down trend line (blue line on the chart) next.
Going to sell at 150.
Education and record of play.
BTC time to rest after a long run up Let's take a look at a bigger picture of BTC moves.
It appears that a long run up must end with a bit of a 'rest'.
Normally, it is roughly a 40% (of the size of the run up) reduction or so the past dictates. The past year's events of this nature were circled on the chart.
It appears that last year it was also around June.
Interestingly this price reduction would coincide with the area of strong support at $6000.
Adding this up I see us going there first before resetting the course up again.
For educational purposes and record of play.
NZDUSD: Analysis and Plan for the week ahead (9JUNE2019) CanadiaWe are looking at the NZDUSD pair. Currently this pair is in down ward trend. The price is currently hitting the monthly high key level. Therefore, I believe the price will actually go down wards.
Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
CADJPY: Analysis and Plan for the week ahead (9JUNE2019)We are looking at the CADJPY pair. Currently this pair is in down ward trend. AS you can see there is the Lower Highs (LH) and Lower Lows (LL). At the moment it is at Lower High. I am looking at it that it will be making another Lower Low (LL).
Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
EURUSD: Analysis and Plan for the week ahead (9JUNE2019)We are looking at the EURUSD pair. We can see a trend line going upwards. As usual, the movement in a trend line is Higher Highs (HH) and Higher Lows (HL). At the moment you can see from the chart that I have shared, it is at HH. Therefore, It will be making a Higher Low here after. The two lines that I have plots (Yellow Dotted) are both 2 different Take Profits (TP). One is 20 pips and the other is 50 pips.
Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
AUDCAD: Analysis and Plan for the week ahead (9JUNE2019)We are looking at the AUDCAD pair. As you can see here, I have used the Fib Retracement tool to measure the retracement of the movement. From the 1 Day chart, the price have moved and touched the 61.8% on the retracement. Telling us that the movement will likely to go upwards. Another confirmation that I would take is that it has hit the Weekly Key Level Low.
To go long (BUY), I would suggest to go for 20 PIPS when the market opens and then see if the movement continues upwards. If it does you can continue to go long.
Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
USDCHF: Analysis and Plan for the week ahead (2JUNE2019)We are currently looking at USDCHF. At the moment as you can see the trend is going down wards. With the pairs making its Lower Highs (LH) and Lower Lows (LL), this shows the movement of the market downtrend. Meanwhile as we can see that the price is currently at the WEEKLY LOW point. What could happen is that it will bounce up from the WEEKLY LOW for a bit before continue going down wards like most of the times whenever something similar like this happens.
Next Move: Will wait and observe for the next candle stick to appear and see what is the outcome before taking action. Will not stay at BUY for long as market looks like it is going down trend.
Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
EURUSD: Analysis and Plan for the week ahead (2JUNE2019)What we are looking right now below is the 4H chart. Reason for me to show this is because I feel that the pair is currently respecting the trend line.
If the pair continues to respect the trend line, the pair will not go above the trend line (diagonal red line).
Next Move: Will be observing for the next candle stick. If the next candle stick goes bearish, I will take a SELL on this. My plan for this pair is to go for SELL. Otherwise, I will not take any actions yet until it is much clearer. (If the candlestick goes to touch the trend line.
Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.