XLM LONG SETUPXlm 1 saatlikte hem gartley hem ab=cd formasyonları beklentim var. Eğer D noktasına ulaşırsa orada bir bölgesel destek de bulunuyor.
Güzel bir long fırsatı yaratabilir.
1hour
Sellers are in?Strong selling pressure, if we can maintain resistance around Asian low/4hr KEY ZONE /Psychological pricing, we have a good probability of continuing the move down to try and make new lows. Wait for time frames to align before entering.
USDCAD short 1 hourWhat are you thoughts on a Ghartly short USDCAD 1hourly ?
Are Ghartlys profitable for you?
On the Daily chart price has reached a support level, so it is possible that we can be looking at LONG. If we take the short-term approach, we can see maybe price may fall before going higher.
Come Through Chart PatternsOn the 1H and who do you see ... Head & Shoulders (chart pattern).
If you enter now, you're looking at 22 pips which is good for a scalper assuming there is no retracement back up to 1.55. I'll rather enter below the 1.54 on a good bearish price action. (Alerts Set)
With this move you're looking at a good 83 pips if you land on the trendline.
Trade idea USDJPYPrice has been in a descending channel since 20th March, on the 23rd of June a strong bearish engulfing candle was formed on the daily, however sellers were unable to follow through and price has been climbing higher since.
On the 1H time frame we have a head and shoulders pattern formed with a recent break and is currently in the process of retesting the neckline. I'll be looking for a bullish candle to enter long here. If i find an entry my objective will be around 107.73 however i may hold some of my position as we could be heading to the top of the descending channel which could be around 108.50. My stop will be below the neckline around 107.10.
OANDA:USDJPY
Trade idea GBPUSDPrice has made a bearish engulfing on the daily time frame. On the 4h time frame price has recently bounced from a trend line dating from 13th Dec and has also just broken an ascending channel dating from 30th April.
I'll be looking for bearish price action at confluence of resistance around 1.25920 on the 1 hour time frame. If i find an entry my target will be the 1.25200 area.
Correction, the channel that has recently been broken is from 1st July.
OANDA:GBPUSD
Keep your eyes pealed on $ES_f 1h We should really get a good sense of where the market is going by tomorrow or next Monday. Breakout above blue is bullish. Breakout below yellow is bearish.
GBPAUD (1H). 'W' Pattern formation in process
. Double bottom providing support
. Expect price to move up
. However price may break support and continue down
EURJPY ANALYSIS NOTE: (MARKET IS REACTIVE AND NOTE PREDICTIVE)
(LIKE AND COMMENT BELOW TO SHARE IDEAS TO SUPPORT )
From a daily perspective we can see price has been in a bullish market.
REMEMBER: MARKET IS REACTIVE AND NOT PREDICTIVE.
On the four hour chart if price can push through the resistance zone we can initiate a long position to the level of 118.559 zone.
Monitor this pair from a 4Hour perspective for entries.
If you have any suggestion, drop in the comment section below. FOREXCOM:EURJPY
EURUSD Just closed above the 200 SMA on 1 Hour ChartEURUSD Just closed above the 200 SMA on 1 hour chart following a breakout this morning.
However to continue upside momentum the price would have to close above the 50% Fibonacci level at 1.08934 directly above the 200 SMA so could encounter further resistance here.
If the uptrend is broken price could move back and test the lows of 1.0800.
EUR/JPYThis is my latest analysis on this pair. A long position will only be taken following confirmation at the most recent resistance. I will be posting updates on this pair. Please feel free to leave a comment and share your thoughts.
How does your analysis look?
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
This information given is not Financial Advice.
USD/CADThis is my latest analysis on USD/CAD following a 1 Hour Breakout Strategy.
I'm watching price action closely for a breakout at the TOP of the descending( bearish ) parallel channel with strong support at 1.3990/1.4000
Please feel free to leave a comment and share your thoughts.
How does your analysis look?
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
This information given is not Financial Advice.
GBP/JPYIv set a price alert on this pair and watching for a potential short opportunity. 1H chart analysis with Breakout Trading strategy.
Please feel free to leave a comment, pick my brain, I’d love to interact with you if you’re trading this pair as well.
How does your analysis look?
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
This information given is not Financial Advice.
EUR/JPYThis is my latest analysis on EUR/JPY. 1 Hour break out strategy applied. What I would like to see is price action back up around the 118.000/118.500 by the end of the week but do believe the biggest factor is going to be whether or not the European Centrals Banks Monetary Policy Meeting on Thursday will shed some sort of relief for the EU.
What I’m watching/waiting for:
1. Price action to break out the top of the bearish channel and candle close outside.
2. 2nd candle confirmation before entry
3. Positive news for the EUR
Fundamentals: Please note iv only included TRIPPLE BULL events in the data – There are many other economical/political events that effect a currencies strength or weakness (www.investing.com).
I’m watching the ECB's website for a statement to be released following the monetary policy meeting on Thursday (www.ecb.europa.eu).
Please feel free to leave a comment, pick my brain, I’d love to interact with you if you’re trading this pair as well.
How does your analysis look?
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
This information given is not Financial Advice.
$ETH retest 23.6 fib retracementEthereum looks like it may test the 23.6 fib retracement before taking off higher. Very short term trade opportunity coming up within the next few hours. If it breaks below we’ll see a new low with the continued downward trend.
USD/CADThis is my latest analysis on USD/CAD following a 1 Hour Breakout Strategy. Its been an up and down week for the US given the fundamentals below(Please refer to www.investing.com).
I'm watching price action closely for a breakout at the TOP of the descending(bearish) parallel channel and potential 100 pip trade OR
I will be watching for a breakout of the triangle at the bottom and catch a 170 pip push to the support level at 1.3940.
Please feel free to leave a comment and share your thoughts.
How does you analysis look?
#NotFinancialAdvice
