New movment to 0.113$According to the new listing of this currency in exchanges, for leveraged transactions, high volatility can be expected from this currency, so be sure to consider risk management.
Sellsignal
GBPJPYGJ had a great run this past week and I'm anticipating the continue push down.
If we can get a clean break of the PDL (Previous Day Low) we going down
next level 180.210.
Why the S&P 3 month chart paints a scary view for Stocks We have been bearish on S&P since April 2022.
The bearish outlook is even more evident now with a HUGE DOUBLE TOP in the 3 months chart. This is the first time we have analyzed this pair in the 3 month chart and the divergence is obvious.
What does this mean for the S&P?
1) It is very unlikely it can move above 4600 to 4800 in the near future
2) There is a high probability that the pair is moving downwards. We are already in short from 4370.
3) The immediate target is 4275 but we looking at 4180 as the next target.
4) The long term target is 3600 and we will keep selling at any opportunity
In our mind, the stock market is in for a rough ride for the next 1 -2 years. Our prediction is that around 3000 by the end of 2024.
Big Sell Opportunity For EURUSDIt seems that all the conditions are ready for the fall of the euro currency. We are predicting the third world war using the chart.
Will this happen soon?
Gold retracement suggests a buying opportunity."XAUUSD: Celebrating back-to-back wins with over 450+ pips from our last two trades. This setup is the product of our recent victories!
Show some love with your likes and comments!"
EURAUD Potential MovementEURAUD potentially continue the previous move to go lower after breaking the support trendline.
We are expecting the EURAUD to retest in the trendline and that will be our opportunity to open sell position.
SELL LIMIT 1.657
SL 1.6635
TP 1.644
TP Max 1.633
Happy Profit!
Good luck!
When pull back done, it's time to join | Short BiasChart 1H TF
STG is pulling back to resistance now.
Resistance zone is supported by Fibo Clusters 0.618, the last pullback 5.04% and the descending trend line.
If STG fail, I expect it will down lower can hit 0.38
Wait for next move
MKRUSDTOur uptrend line is reserved for the time being.
In the daily time frame, the crab pattern has appeared for us, which overlaps with the negative divergence of the RSI in the same time frame.
This pattern is a reversal of the trend.
If the upward trend line is broken and the range of $1,383 is consumed, the possibility of a corrective trend will be strengthened up to the price range of $993.
Cashing In on Gold: Time to Go Short on XAUUSDHello everyone! We are currently eyeing a potential short opportunity on XAU/USD Here's why:
Fresh Supply Zone: We've identified a fresh supply zone that has recently been tested. This area often presents a strong resistance level, making it a favorable point for a short position.
Fibonacci Level 50%: The 50% Fibonacci retracement level aligns with our target zone, adding confluence to our trade setup. Fibonacci levels are widely watched by traders and can act as key support or resistance areas.
Nominated Order Block: The presence of a nominated order block suggests a concentration of orders in the vicinity of our target level. This can act as a significant obstacle for price movement, making it a compelling area to consider for a short trade.
Keep a close eye on this XAU/USD setup, and be ready to execute your trading strategy when the conditions align. Remember to manage your risk and implement proper risk management techniques to protect your capital. Happy trading!
GBPUSD - by a Certified Financial Technical Analyst I do a detailed analysis for you,, and here is the conclusion.
📈📍 Weekly: GBPUSD is moving downwards. Price makes LH/LL
📈📍 Daily: GBPUSD is also in a Downtrend but over-extended
📈📍🚀 Hourly: Price moved in an upward channel - valid channel
therefore the price either will break above and create a new market structure with series of
higher Highs and higher lows, either will get absorbed by selling pressure and reject the channel line- channel line called the upper line of the channel
The RSI on there hourly chart shows Bearish Divergences and this means that the preceded leg was weak compared to the previous. Therefore is also a sign for market maybe will reverse.
I will be looking to sell if there is a strong price action reversal.
💬 Let me know how valuable you find this and if you want to see more analysis like this
US30 GOING TO TAKE THE SELLNow am waiting for the retest on the structure that was form which become resistance and still HL on that point is where am going to take my sell entry which is my clear conform after retest it my entry point 33234.79 TP 32700.00 and stoploss 33308.86
GOLD WAITING FOR THE BREAKOUT OF CONSOLIDATION Am going to wait for the consolidation breakout my conform is when the breakout on resistance am going to take the trade and if it breakout on support going to take sell. After breaking either the resistance or the support and retest it am going for the buy or sell entry with the clear conform, if it breakout resistance and retest my entry 1827.82 TP 1849.00 and stoploss 1824.36 and if it breakout support my entry 1816.18 TP 1800.00 and stoploss 1820.70 let's be patient for the breakout and keep eye's open.
USDJPY GOING FOR THE SELLSo usdjpy come to the neckline which it has accept it am going to take this sell couse of that respect on it and the structure formed my entry point 148.864 TP 147.502 AND STOPLOSS 149.194
Breakdown then Retest then Drop againDaily Chart
Gold OANDA:XAUUSD has broken down the support and now it's on recovering path.
I figure out the confluence resistance around 1935 so I expect Gold will be failed when hit this level.
Gold can be downed lower at 1860
So wait and see what happen
EURJPYSELL IDEANext trade where i will look for an opportunity for sell,we see a change in structure,making lh an a retest,waiting for a confirmation and break below 156.390
Happy trading everyone!
GBPJPY SHORT IDEASo this would be my next setup for this pair,going short if it breaks the low,chasing 650 pips profit,but take your own decision how long do u want to keep trade going because on daily we can spot a big rejection half move down,where price could possibly reverse,take partials or keep your sl above last hi.Happy trading everyone,september was extremly choppy,lets see how will october be.
GBPJPY GOING TO TAKE THE SELLThe reason why am entering this sell is going to retest a support zone that's where ama going to close my trade, second point of entering course it has make HL and LL then this a structure that is form before placing my entry in m5 I see a pull back up to retest a structure and making HL then drops down.
My entry points around 181.001 and 180.927 To around 180.000 Which am closing my trade early before hitting the support zone.
GBP/USD AnalysisAfter the move down from the 4h FVG yesterday I'm expecting GU to continue the momentum to the downside, I highly recommend to wait for a retracement into the inversing FVG and waiting for some confirmations in the lower time frames to take the liquidity at 1.2060 and further more from a long term persepective
GBPUSD SELLFX:GBPUSD
Price on GBPUSD has broken below 1.21356 Daily support, currently waiting for a pullback to the 1.21356 Daily Resistance to continue seling GBPUSD
GBPNZD SHORT Waiting on price to retrace back into our zone then wait for a lower time frame structure shift and some other confluence to take the trade straight forward
Resistance Ahead | Short BiasChart 4H TF
Injective is moving up to $8 that is resistance zone by Fib Clusters and Seller's Base Camp
If INJ fail at least twice, I think this is chance to short and expect INJ will down to $7.5
Wait for next move
EUR/USD AnalysisEU last friday got a good reaction from the Daily FVG and created a nice leg down I'm exepcting to see a small retracement into the bearish OB and than looking to sell it targeting the first draw of liquidity at 1.05500
Silver strong supply XAGUSDI expect silver to respond well to this supply zone
Anyway, we have to wait for proper approval and enter with risk management
