NZDJPY - Bearish ButterflyA Bearish Butterfly Pattern on the NZDJPY 4-hourly chart within the sideway increase volatility setup is almost ready, close below 87.88 is required for a final confirmation but that is your decision to make.
Askforex100
USDJPY - Will You Short it?Will you short this kind of setup? Sell zone set up at the brim of the entire setup; since I've been waiting for a counter-trend move, and this validates it, why not?
Take note there is no candlestick pattern confirmation or RSI at Overbought. Something to take note of.
AUDUSD - The Devil's TouchThe Devil's Touch, YES, I called it!
I'm waiting for a shorting opportunity the moment the market retest the red trendline but not closing above it or when the market break and close below the red trendline, although a retest of the Bearish Bat Pattern would do just fine.
What is nice about this setup, is that, there is a RSI Divergence within the setup.
USDCAD - Trendline BreakTrendline Break could be a trading opportunity for traders looking to short the USDCAD. Friends that had shorted the USDCAD on the 4-hourly chart before might have a second chance trading opportunity.(check link within tradingview)
AUDUSD - Bearish SharkOn the bigger timeframe, shorting AUDUSD is considered a trend-trading setup. Hence, 0.6829 will be the level I'm waiting for a shorting opportunity by waiting for the Bearish Shark Pattern confirmation. A 3-bar reversal is essential in the setup.
USDJPY-Weekly Market Analysis-Dec22,Wk2I remain bullish bias on the USDJPY, but I can still look for a counter-trend move for the time being. At 136.67, it gives me a shorting opportunity potential, so long the market doesn't break and close above 136.88, I will be looking for a shorting opportunity when the market opens.
GBPUSD-Weekly Market Analysis-Dec22,Wk2I'm waiting for a Bearish Butterfly Pattern check back at 1.2308 for a shorting opportunity. This is a counter-trend trading setup and if this suits you, it is something you want to look out for.
EURUSD-Weekly Market Analysis-Dec22,Wk2The Overall Trend of EURUSD is a Bullish Trend. There are a couple of ways you can engage in this trade.
Wait for market retest at 5-0Pattern at 1.0515 for a buying opportunity or a shorting opportunity at 1.0581 by using the Type2 Bearish Shark Pattern as a counter-trend trade that could form a combo trade with EURUSD Bearish Crab Pattern on the Daily Chart.
USDCAD - Bearish ButterflyLast night during our live session in trading view(www.tradingview.com). I've mentioned that there's no need to chase after the USDCAD trade as there's a rate hike decision happening in less than an hour.
If it's your trade to take, you will have another opportunity.
Missing a trade is better than getting into a trade you aren't supposed to take.
I'm waiting for the current candlestick candle close to engage this trade.
AUDUSD - 2 Headed Orc Head and ShouldersA double-headed head and shoulders were spotted on the AUDUSD H1 chart. While this is rare, it does move the way head and shoulders move and is often overlooked because of its weird-looking candlestick pattern formation.
Perhaps we should call this the Two-Headed Orc's Head and Shoulders.
Well, joke aside, I'm waiting for pattern confirmation before engaging in this trade.
AUDUSD - Bearish SharkA Bearish Shark Pattern setup coincides with the Daily Chart Bearish Bat Pattern. Both setups are on a retest of the level, and shorting it would consider a trend trading setup.
NZDJPY - Bearish 5-0 PatternIf you are looking for a Bearish Trading Opportunity, a Bearish 5-0 Pattern gives us a trading opportunity to do so.
What's not so nice about this trading setup, is that the RSI is not at the overbought position.
EURJPY - Bearish Deep GartleyTwo things can happen, we can engage that trade at the market(now) or wait for the Bearish Deep Gartley Pattern to complete.
Why Wait?
I'm not comfortable seeing RSI going higher while the chart wasn't; I take that as a warning sign(check out the yellow eclipse at the bottom of the chart).
I trade with 1 of the mindset. I would rather miss a trade than engage in a low-probability trade.
GBPAUD - Bearish SharkOn the daily chart, there is a kiss-of-death setup. What's kiss-of-death, well a term that was given to describe a retest of double top setup, came so close to violating it. And this is what makes this Bearish Shark pattern special.
I'm waiting for the market open and wait for a shorting opportunity.
Let us know if you prefer the current Shark Pattern setup or the one on EURUSD.
EURJPY - Key Resistance levelI like to make it clear over here. EURJPY on the Weekly Chart, Daily Chart and 4-hourly Chart shows a bullish trend setup. However, I'm waiting for a shorting opportunity at the retest of the key resistance level at 141.91. This analysis will stand for me if the market doesn't break and close above 142.18.
USDJPY-Weekly Market Analysis-Dec22,Wk1My analysis still stands; I'm waiting for a buying opportunity within the USDJPY trading setup. An AB=CD pattern setup would be completing at 133.43. I need a reversal confirmation for this short to mid-term buying opportunity.
GBPUSD-Weekly Market Analysis-Dec22,Wk1The simplest-looking analysis often is the toughest to plot. I'm waiting for shorting opportunity as early as the market open.
One thing to take note, make sure the market didn't gap up and close higher than 1.2311 for this to be a valid trading idea.
An RSI Divergence did help to give me the push to look for a shorting opportunity on the 1-hourly chart that coincides with the Daily Chart key resistance level.
EURUSD-Weekly Market Analysis-Dec22,Wk1If you missed the trade ideas of EURUSD on Friday, this might give you a 2nd chance to engage in the trade. With that said, do your market analysis and not follow blindly.
What's nice about this trading setup, the three primary timeframes I'm looking at has all the bearish trading setup I need.
Daily Chart - Bearish Crab setup
4-hourly Chart- Ascending Channel with RSI Divergence on overbought region
1-hourly Chart, Bearish Shark Pattern retest
EURUSD - Bearish SharkFinally, a bearish shark pattern qualifies as a shorting opportunity. It has been a long waiting opportunity for this shark pattern trading setup.
As you know or may not know that Shark Pattern can have as many as three different trading zones.
What is needed is patience; failure to do that results in the loss of profits from trying to capture it and losing confidence to trade the next trading setup.
USDJPY - Bearish BatA bearish Bat trading setup for advanced and experienced traders to engage. The downside to this, is you have to watch this closely, at least till target1 was hit.
GBPAUD - Bullish Bat checkbackI'm waiting for the candlestick pattern check back at 1.7809 for the Bullish Bat pattern.
I see this as a rebel trade as I believe that most traders are waiting for a shorting opportunity, I have a different view on this.
Let's see.
NZDUSD - Bearish SharkBearish shark trading opportunity on the daily chart.
watch closely on this trading setup on NZDUSD D1 chart I'm not engaging based on the Daily chart, if not I would have done so. I will check out the H1 chart in waiting for the opportunity
GBPAUD - Bullish Deep GartleyA Bullish Deep Gartley form on the intra-day timeframe chart that gives traders a trend trading opportunity for the higher timeframe on both the 1hourly chart and 4-hourly chart.
