Get started

Trendtrading

#USDCHF possible bullish scenarioPrice is currently testing the lower boundary of a daily bearish channel , the 1 FIB extension level , and a long-term support area . This supportive cluster could potentially lead to the formation of a low around this price level. On the other hand, the bearish move in price appears to be a corrective bearish ABC move , correcting approximately 61.8% to 78.6% from the previous bullish move. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Long
by mohemati
12
💡 XAUUSD: Break the rising trendlineAfter two short accumulation sessions, the downward momentum continued in the weekend session. The price has now broken the rising price channel and approached the price level of 2000. This is also the target for short positions, you should consider closing. profit for short positions. Next, pay close attention to the 2000 price range. If it is broken, the downward momentum can quickly expand to the 1930 range, and beyond that to 1900. You can continue to consider selling if there is a reliable breakout signal. SELL - TARGET 1930
OANDA:XAUUSDShort
by Stone_Haven
💡 USDJPY: Next predictionLast Friday, the yen experienced a decline, reversing the strong trend observed on Thursday. This shift in market dynamics was attributed to the transition of focus from speculations about the Bank of Japan's recent monetary policy to robust Japanese jobs data. On the other side of the Pacific, the US economy exceeded expectations by creating more job openings last month, prompting investors to scale back their expectations of a Federal Reserve interest rate cut in the coming year. Furthermore, the increase in US Treasury bonds and the strength of the US dollar are additional factors contributing to the yen's depreciation. Following the release of the US non-farm data, USD/JPY swiftly rebounded, with the MACD double line and bar chart forming a golden cross below the zero axis. Nevertheless, it is still trading below the 48-hour moving average, suggesting the possibility of a short-term pullback. -> Sell ​​strategy can be applied and stop loss is necessary.
Long
by Stone_Haven
💡 EURUSD: Continued declineEURUSD continues to fall sharply and has had six consecutive losing sessions. By this time, more oversold signals have appeared. In addition, the 1.075 resistance zone is also an important resistance zone. Please pay attention to observe the signs. Price behavior here, if there is a signal of price increase, you can consider buying again. In case it is broken, the price will likely adjust sharply down, towards the resistance area around the 1.0500 threshold.
Short
by Stone_Haven
2
Trend Rotations and Trading OpportunitiesEURUSD seems to be displaying signs of a weakening bullish trend, paying homage to its prior structure with an immediate retracement. For those eyeing a potential buying opportunity, I'm personally keeping an eye on the Bullish Shark Pattern, anticipating a 3-bar reversal around 1.0688. That might just be the sweet spot for a promising buying opportunity! 🦈💱 What's your take on EURUSD's movement? Share your trade plans or thoughts on this trading setup in the comments below! Let's discuss our strategies for navigating this market. 🗨️📈
Long
by RaynLim
USDT/DOT Speculative Trading IdeaBelow is a speculative trading idea for the DOT/USDT pair. Currently, the asset's price has broken through an inclined level after updating the minimum at the price of $3.550 within the current global downtrend. After reaching the $3.550 level, there was a rebound, amounting to over 41% to the current price. This situation indicates an attempt to break the local downtrend in effect in 2023. As we anticipate a price correction, we identify two entry points for the asset to continue the upward movement within this correction. We place our first limit orders to buy DOT at price levels of $4.550 with a growth potential of 37% to the price level of $6.273. We place our second limit orders to buy DOT at price levels of $4.220 with a growth potential of 50% to the price level of $6.273.
by Rick_SimpleSwap
5
Matic short ⏰ period analysis 📌Completely ⚡ short period analysis based on Trend support and supply and demand With movement shift // pls #DYOR 👉 I am expecting COINBASE:MATICUSD shifted 🙄 it's movement bullish side 😛 in day frame LL >> HL Use 1% position size of ur liquid 💰 Leverage must be below 4X cross 🤞 ⏰ expecting 30-50 day's below later invalid 📌 🔥Buy :: $0.5 - $0.54 < split liquid 💰 60% - 40% > 🎯 :: $0.6238 - $0.6475 < move stop lose to entry or profit > 🎯 :: $0.7280 - $0.7575 < 💯% exit > Stop 🚏 lose < #SL > ::- $0.4804
MLong
by raj5_7_5
Potential Trend Trading Opportunity with Bullish Shark PatternNZDJPY reveals a promising Bullish Shark Pattern, presenting a potential trend trading opportunity. While waiting for a 3-bar reversal offers further confirmation, it's prudent to engage post a weakening of the bearish move. For aggressive traders, immediate entry might be considered, with a crucial emphasis on identifying stop levels to mitigate risk. What are your insights or strategies on NZDJPY? Feel free to share your thoughts below!
Long
by RaynLim
USD/CAD ↘️ Short Trade setup ↘️Hello Everyone 🙋🏽‍♂️ Trendline Continuing 🟠 EP 1.36090 🔴 SL 1.36870 🟢 TP1 1.35253 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 1.34430 ⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 1.33722 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Short
by EMA_Trading
USDJPY potential bullish patternAs can be seen in the chart, there is a falling wedge pattern in the chart, which is a naturally a reversal chart pattern and is regarded as an intrinsically bullish formation. This chart pattern is occurring at the important Fibonacci level of 38.2%, and the fact that we have bullish divergence between price and the stochastic oscillator in 4-hour timeframe adds to the possibility of this chart pattern working. Entries may be initiated at the bullish breakout of the wedge pattern, and based on a one-to-one minimum price target strategy, we can anticipate the price to reach its previous daily high. Also it should be noted that in case of bearish breakout of the chart pattern this trade idea has failed alongside the chart pattern. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Long
by mohemati
1
💡 EURUSD: Forecast ADP-Nonfarm EURUSD is approaching the support zone on the daily frame around 1.0755, and you can see that the current price trend is bearish and the current structure on the H4 frame is bearish because the previous bottom is clearly broken. However, the price action is not moving very well, the price forms quite weak and unclear price pushes as well as pullbacks. More importantly, there is no really strong peak to be seen. Strong latch to hold the price. In market moving conditions like this, as long as the most recent small peak in that price decline is broken, the possibility of the market reversing is quite high or at least forming a deep pullback.
Short
by Stone_Haven
💡 XAUUSD: Continue with the downtrendOANDA:XAUUSD Analysis December 6, 2023 Gold prices continued to slide in the past session after the extremely strong bearish pin bar signal formed earlier. Currently, the price is approaching the 2000 confluence zone. There are still no clear signs showing the return of buyers, short positions are profitable, you continue to hold positions, short-term target is around 2000 , you should consider risk reduction measures when the price approaches this resistance level.
OANDA:XAUUSDShort
by Stone_Haven