Priceactionstrategy
usdjpy short trade ideaHello Traders,
In order to see downtrend continuation appear, I would wait for the price test the zones as the last attempt for evidence that the buyer is off and the recent resistance is solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
eurgbp long trade ideaHello Traders,
In order to see uptrend continuation appear, I would wait for the price to test the zones as the last attempt for evidence that the seller is off and the recent support is solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
AUDSUD| GOING FOR THE WIN?Good morning Traders,
this pair is an interesting one, Price action is clearly pushing up but I seeing wicks at the tops of the candles indicated by the red arrows, this too me suggests the push up is not sustainable and we may likely see a reversal from a higher level.
alternatively we could have some very strong bullish candle closes over the next few hours therefore suggesting to me that we have good momentum to the upside and if we do i will be onlooking for a potential entry, given that price action confirms it.
let me know your thoughts.
EURUSD H1There is major resistance at upwards that rejected by the market. Now we can consider triple top at EURUSD h1 CHart that is on the selling way. So, we cant take sell entry. If trendline break and market do retest then we can take another sell entry also. Enjoy green pips :)
AUDUSD Bearish OutlookPrice is currently sitting at the weekly resistance level and has formed a bearish engulfing candle here on the 4H time frame. Now after price break the 0.69900 support level it has retested the key level and closed with a doji candle. Expecting a rejection of the 50.0% Fibonacci level and a bearish reversal on this pair for next week.
gbpchf short trade ideaHello Traders,
Currently, the price looks forming descending channels, however, I would wait until the price is respecting the recent resistance and test it as the last attempt for evidence that the buyer is off by closed below the zones with the recent resistance is solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
Alert: Bitcoin is not prepare to go Bullish before you see it!!!Hello guys, in this special and technical analysis I make a lot updates of Bitcoin, so, we are in the in the supply zone, and we are a possibility to oferens or sellers are sell their Bitcoin. Because we proyect a sell off, if you check out the weekly timeframe, Bitcoin is not have force to continue up, While of there, in short term we could see a Bitcoin around of $7,000 USD again as the past years.
Look:
In weekly tmeframe, we are in the possible correction of Bitcoin toward the zone between $7,000 USD to $6,900 USD, that is approximately target profit for you to put in short position and then, You can to earn money in the shortest of Bitcoin price.
And in this timeframe in H1 timeframe we see a nice short position to following the squeze of trend, in that case is so bearish.
Well, I use Fiboancci and Bitcoin is leave at the 0.618% of Fibonacci and I proyect a target profit around of $8,900 USD, because the EMA 200 is above of the price action and that is so bad for Bitcoin becase we could to see a Bitcoin now to sell off.
And in Daily timeframe, we see a Bitcoin so bearish in the short-term, because in Dily we are following the bearish channel, in case that Bitcoin is below of $6,900 USD, we need to make a specail and another technical analysis to retest possible level of see in Bitcoin if that phenomenol occur again as we see in April How Bitcoin have a sell off of $10,000 USD to $4,000 USD in shortterm, So, guys the panic is here and Bitcoiners are selling Bitcoin to buy more cheap.
Tomorrow I will going to check 3 cryptocurrencies: Ethereum, Ripple and Ethereum to see the trend in this altcoin. And Saturday I want to make a technical analysis of Cardano, because I have Cardano in hold for the next altseason booming!!!
audchf long trade idea Hello Traders,
Similar to my previous analysis EURAUD, to see further continuation I would wait until the price is respecting the recent support and test it as the last attempt for evidence that the seller is off by closed above the zones with the recent support is solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
euraud long trade ideaHello Traders,
I would wait until the price is respecting the recent support and test it as the last attempt for evidence that the seller is off by closed above the zones with the recent support is solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
gbpusd short trade ideaHello Traders,
in order to see downtrend continuation, I would wait for the price respect with the minor resistance as the last attempt for evidence that the buyer is off and solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
NZDCAD ShortAs forecast on the weekly we are bearish bias on this pair for the upcoming weeks. Here on the 4h time frame, we have a head and shoulders pattern as a confirmation for bearish reversal pattern. Expecting a lower low and lower high confirmation.
cadjpy short trade ideaHello Traders,
The Bias on this pair is forming a bearish trend. However, I would wait for the price able to break the minor trend lines and test the zones as the last attempt for evidence that the buyer is off and the recent resistance is solid. ( please be aware that an hour we're heading to BOC monetary reports )
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
usdcad long trade ideaHello Traders,
In order to see the continuation of the uptrend appear, we need to wait for the seller off by test the recent support and respect it as solid support or demand zones. ( please be aware that an hour we're heading to BOC monetary reports )
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
gbpjpy short trade ideasHello Traders,
The Bias on this pair is forming a bearish trend. However, I would wait for the price to test the zones as the last attempt for evidence that the buyer is off and the recent resistance is solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
Uk in the unemployment crisis warn!!! Horrible!!! FundamentalsHello guys, in this technical analysis, we see how Sterling Pound is go to drop the price, also economyst and financial analysis hope that the currency going to crash the value of the USD. So, guys the situation in Great Britain is warn a possible gran reccesion in UK based in the unemployment crsisis and healthly system about the growth of covid-19 cases. Also to make a pretty in H4 timeframe, I identify a nice bearish BAT and there are a possibility that Sterling reach the cotization of $1.22 USD Approximately, because there are a horrible fundamentals for the UK economy.
Also, as we are in profit of more of 93 pips, I reccomend to put a break even of the zone of $1.2567 to protect your position, because Sterling Pound is going to crash with a bad news!!!. Reccomend to put a break even to protect 52 pips, because this is our profit if in case that price go back up.
And finally, in Daily we could to in formation of bearish channel and also, if you noticed, I entry in the exact and good position to a short of GBP/USD. But rememebr that drop is so horrible as UK economy enter in a reccesion of this pandemic and the bad news that leave in the future in short term as Brexit is outlook for the coronavirus and England's people pass the quarantine in their house and unemployment crisis it's will be affect.
Now, I share you my fundamentals what I found out:
1. GBP/USD Exchange rate retreasts as disappointing GDP points to tough road ahead for UK economy.
2. The pound to US Dollar exchange rate is on the defensive today, in response to some weaker-than-expected GDP fiugres from the UK.
3. Poor GDP figures pose problem for GBP long term recovery
4. Having fallied through the first half of July, the pound now faces some potential hurdles going forward with the publication of the UK's latest monthly GDP release
5. According to data published by the office for national statistics (ONS), the UK economy grew by 1.8% in May, up from a 20.3% of contraction in May but missing expectatives for a more robust 5.5% expansion
6. The disappointing figures suggest that the UK economy is not bouncing back quite as quickly as economist had hoped, after the lockdown saw brought economic activity to a sheerching halt in April.
7. Uk firms rethink FX hedging as coronavirus and Brexit fog outlook
8. Coronavirus adn the end-2020 Brexit deadline have left UK firms facing historic uncertainties, prompting many to find more flexible ways to protect their foreign exchange exposure.
9. The pandemic is expected to cause Britain's biggest economic contraction in 300 years and swell unemployment, debt and corporate bakruptions. That's added a risk is that Britain could cast off from the European Union next year without having agreed any trade deals.
Important 3 keys to take in noticed:
1. Analysts warn for an impeding employment crisis could add to the UK's economy
2. Robert Alster, head of investments services at close asset management comments that as the UK economy it's only grow up by 1.8% in May, the month where lockdown started to ease, points to choppy waters ahead
3. While the GDBP has improved slightly it's worth voting that the economy is still 25% smaller that it was in February 2020, before the pandemic took hold. All Jobs, both on the high street and in industry, are disappearing at an alarming rate and there are no signs yet of any real improvement in the UK labour market.
So guys, this 3 keys it's was impact me, because Great Britain could entry in a gran reccesion that never we see it in the past years. So, has Sterling is crash, UK economy it's could to passing one of the biggest crisis in the UK history and the Sterling Pound could be affect about the empoymnet's inflation, consumer confidence rate and ohter factors could be affect as indicator for UK and their currency Sterling.
Gold short trade ideaHello Traders,
After the long run of bullish trend, currently, gold has been movement between the zones or ranges as a distribution before the continuation or end up the price to retrace the trends.. therefore if the price will be respected by the recent resistance, I would consider looking for a short opportunity.
Please see the market behavior at region 1814 levels to have further consequences price action.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
usdchf long trade ideaHello Traders,
I would wait until the price is able to break a minor resistance zone and test it as the last attempt for evidence that the seller is off by closed above the zones with the recent support is solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
chfjpy short trade ideaHello Traders,
Similar to my previous analysis, The Bias on this pair is forming a bearish trend. However, I would wait for the price to test the zones as the last attempt for evidence that the buyer is off and the recent resistance is solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
cadjpy short trade ideaHello Traders,
The Bias on this pair is forming bearish trend, however, I would wait for the price to test the zones as the last attempt for evidence that the buyer is off and the recent resistance is solid.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
GBPJPY D1GBPJPY D1 - If weekly candle opens below 50 Fibonacci then we can take sell in GBPJPY. We can see price action signals in D1 chart and there is pin bar that is rejection in the market for a bullish trends. WE can take sell at open of the market after fibo 50 retracements.
