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Bearishsetup

EURNZD Short Trade SetupA bearish opportunity recently presented itself on the euro-kiwi trading chart. This follows from the bearish harami candlestick pattern which printed just below the 1.66000 psychological level. A stop loss above the same psychological level and a profit target anywhere between your entry and the swing low of 1.58860 could give you a reward-to-risk ratio as high as 3. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades. I'm rooting for you! Your FX Plug FX:EURNZD
Short
by charles-okoukoni
4
EUR/USD: Review!!!During this week, I made an analysis on Euro/Australian Dollar, when I said that Euro will climb up following my past analysis link to related idea, what I made a very good analysis. But I dont entry in this trade as I was in another. But now, at the moment, my prediction was correct when I said that Germany (The largest economy in whole Europe) do and European Union to rescue the countries they to one shield energy customer and businesses from this inflation in the energy crisis. what I found out it's that Germany Government make an investment of 65 billion (Euros) on shielding energy customers and businesses from soaring inflation and $95 billion (Euros) the amount allocated to inflation busting since the Ukraine began in February 2022. Another data show that Germany has spent over 300 billion (Euros) on propping up the economy over the past 2 years of the covid-19 pandemic. So this movement was bullish in Euro, but I rate this trade very good analysis. Now, to have another perspective, we see a bearish harmonic pattern ABCD formation, what it's look very interesting to short Euro in the 0.782% Fibonacci after this drop, and technical analysis identify a bullish divergence.
Short
by harisonhbn9718
2
EURGBP Short Trade SetupA bearish opportunity recently presented itself on the euro-pound trading chart. This follows from the bearish harami candlestick pattern which printed just below the 0.87500 psychological level. A stop loss above the same psychological level and a profit target anywhere between your entry and the swing low of 0.83401 could give you a reward-to-risk ratio as high as 3 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades. Rooting for you! Your FX Plug FX:EURGBP
Short
by charles-okoukoni
GBP/USD: Movement lead by newsAt the moment, we see that the new Britain Prime Minister Mrs. Lizz Truss take the position as Prime Minister in UK. But the fundamental analysis in based in her clues show that she want to cut taxes, tight the UK labor market, and also she want to make a public spend to work the activity in the UK economy. But I'm very concerned that if she going to make a lot public spend and want to toughen the ahead of the UK economy, central bank and UK politic and international trade. So, I find up a trouble that in Sterling Pound, but more in the public spend that she comment and said that. But UK economy could to drag as we know that we have a high cost of living, high inflation and consumer not good. So, Mrs. Lizz Truss could to leave UK economy in the dark future and Pound could to sink like "Titanic" . This it's my insight that I found out. And also, I consider that this woman it's a bad option that will conquer the economy and sink it. There're a lot information to read and study it this current situation what happen from yesterday in the uncertainty politic. But now, I made a sell order entry in the market price in the morning in $1.1574 USD. Stop Loss to $1.1638 USD and my take profit fixed to $1.1375 USD. But I see a bearish setup from this point that I'm shorting, and also this was a good place that I made an analysis in my iphone. This it's the H4 timeframe perspective!!!! And we're in the bearish movement At the moment, this it's my 2nd analysis in this week, and I was traded AUD/CAD but continue in the bearish movement, what I loss this trade -4.77%. But at the moment, I recover this lost in this par GBP/USD over 5% for now. So, I will hold this trade until $1.1375 USD. Good luck if you're shorting GBP/USD in my iphone simple analysis.
Short
by harisonhbn9718
6
GBP/CAD: Review!!!This trade was a little hard, what when I was shorting, I closed up the short position and in like 12 hours later, we see that manipulation that price do, also a lot people it's been liquidated when I was shorting GBP/CAD, but I closed up this trade in short position in time, but the result it's that I don't earned as i don't losss any, as I closed up very near of my entry price, what any loss or earns was very diminutive. But in yet, this was very manipulative by institutional, but as I don't following their importance, I decide to keep away this trade. But not bad this trade, but what I knew that will occur a manipulation as we see there and a lot people has been liquidated. But if there're any comment to add, when this occur this manipulation, it's a good point to entry in short from this point. So, I don't any negative action in this trade, but the good it's that I knew that will occur a manipulation as we see now. Also to add, my perspective was in long until not trade yet without confirmation as would there a possibility to long based in Daily timeframe. But not bad, the price only make what institutional do, and I learn in this trade to add in my experience, when occur a manipulation like this, being pending if that it's a break out or market trap to liquidate everyone. But the trend was bearish from this higher point of manipulation.
Short
by harisonhbn9718
3
EUR/CAD: ReviewEuro/Canadian Dollar was a very good prediciton that I made in my analsis, but never touthc my buy order place that I put in my price action, but I dont earn as loss, so but my movement was right what I thinking. This was one of my best predicition that made in this week. Now, I will talk about in H4 because we see a bearish setup to short EUR/CAD in the next week, and very interesting opporutnity to get pips for the next week. So, we see clearly that EUR/CAD formed an Elliot Wave Cycle, and now we're in the correction to he downside of this bearish channel. Now, I'm very enfocous in Daily timeframe as we see a good opportunity in this setup to short. So guys, this it's only my review and not a trade that I made, but that work to fix our analysis. But now, I believe that this upside movement was i the early sesssion in America, where in my first analysis, I put my buy order place in the smart point in $1.2962 CAD, but never goes to my smart point, but did you know, the price continue up and from this point in the above of EMA 200, we see a bullish envolving, what I entry exactly later of 3 candlestick approx. and I put my new buy order place to $1.3010 CAD, when I knew that Euro will up, yes up but nver goes to my buy order place. But now, I don't see any mistake in this analysis, but it's very normal to see the best smart point to buy. In Forex market could to happen all that from otherwise we would to be prepared in this movement. But I made a good analsis and was pretty excellent So, for the next week, we hope a bearish setup.
Short
by harisonhbn9718
USD/JPY: resistance in $138.69 JPYWe see a potential short position in U.S. Dollar/Yen Japanese. Only analyzing in H4 timeframe. Because in the key support it's around $137.60 JPY approx. What we could to put a sell order place between $138.70 JPY - $138.90 JPY. My personal sell order place it's around $138.87 JPY. Stop Loss to $139.40 JPY. And my take profit to $137.60 JPY. We see a potential to find down 127 pips. Good luck shorting USD/JPY ***Tomorrow we have in our economica calendar the U.S . Consumer Price Index what expect to raise 97.8 pts. But if you analyze the June and July, these past month was a negative trend indicating distruct by part of the U.S. Consumers. Also the FED continue keep interest rates higher in a bid to bring down to surging inflation to hit down 2%.
Short
by harisonhbn9718
12
S&P 500: Daily outlookS&P 500 forming a bearish Gartley pattern that I found out in Daily chart, what we could to see a bearish movement to the previously lower like 3600 pts. Also, remember that this occur what happen what the FED could to hike interest rate right now in September put the global financial market in worst situation of the bear market. And also tightening the America monetary policy. Talking about technical analysis, we see that S&P 500 forming a higher low in 3 occasion that maybe, I thinking that stock market could to be a possible market crash what FED do, and also cooling down the inflation rate But now, S&P 500 show us that stock market could to be weak during the next days, and also very correlated with Bitcoin and cryptocurrencies to short this assets. I hope that this idea support you!!!
SP:SPXShort
by harisonhbn9718
EUR/GBP:Bearish envolving pattern Euro could to weak in this supply zone e. But the reality it's that Euro only pump as I predicted but this it's a market trap and clearly manipulation for long. I decide to closed up manually my long and I got 1.11% I earnings. So, I'm in short I Euro in front of pound. ENTRY I THE market price,for me was 0.8438 GNP and my Sl it's around 0.8468 GBP And target to 0.8370 GBP. Good luck Remember closed up long a d beware of this market trap and check out this zone.
Short
by harisonhbn9718
3
Cardano entry in the sell-off now!!! Beware!!!Cardano forming a possible bearish evolving pattern in weekly timeframe what we could to expect another crash in the price. My first support it's around $0.27 cents, what we could to expect it, but everything what depend how it's behavior their volatility. But making a bought around $0.27 cents it's a possible good zone to bought and more below like $0.24 cents. Remember that Cardano it's one of the top cryptocurrencies that it's very favorite for a lot crypto-enthusiastic, included me, Also, I thinking that Cardano it's one of my best cryptocurrencies to take in my radar in the next years and it's a big competitor against Ethereum. Now, I interesting to bought Cardano at $0.27 cents and accumulate it by long term. I'm very enfocous in just 4 cryptoucrrencies: Bitcoin, Ethereum, Cardano and XRP. They'll the best cryptocurrencies and top in the fintech that I heard a lot about it. But investing in Cardano very cheap, this will be the last opportunity that you can't to missing it in your one time in your life to see this big disccount So guys, this it's my own perspective how I see Cardano I hope that this analysis support you!!!
BINANCE:ADAUSDShort
by harisonhbn9718
4
Ethereum could to prepare to the next sell-offIn weekly timerame, Ethereum has a crucial moment like Bitcoin to entry in the bearish movement to $800 USD per coin. If Ethereum closed up this weekly candlestick forming any bearish signal, a bearish movement we could to expect very soon and a possible crash of -52%. Guys, Ethereum it's not bullish, it's in the clearly bear market following what Bitcoin do, and Bitcoin follow what the financial market do, specially in front of Forex market taking the U.S. Dollar as lot influence. That it's all my information that I can to get you and keep informed what happen in our financial market. I hope that this analysis support you, in case that I look any bearish signal, I interesting to short Ethereum.
COINBASE:ETHUSDShort
by harisonhbn9718
2
Bitcoin forming a crucial moment to shortBitcoin forming a bearish rising wedge in 3 Daily timeframe and we ending with a bearish hammer candlestick, indicating sell-masive incoming. The exactly price was a rejected of $24,500 USD. And bears are taking control of the trend. I open a short position now in Bitcoin around $23,533 USD, Stop Loss to $27,600 USD and my personal take profit to $15,800 USD. This it's a risk/benefit 1:2. It's very important to look the things in the economical world as FED continue strength the U.S. Dollar worth what this will be a big trouble for assets and currencies vs. Dollar correlation. I hope that this idea and analysis support you!!! Good luck shorting Bitcoin!!! Remember take control of your risk management, it's important for your trading!!!
COINBASE:BTCUSDShort
by harisonhbn9718
BTC/USD: resistance key at $23,700 USD approx.Bitcoin break down the market structure in H4 timeframe, what we could to see another short position around $20,700 USD approx. and find down sell and trade to short. Also, I will share in Daily timeframe that we break-down with the bearish pressure candlestick that mean a moment to take an eye, because bears are sell. What we could to take a good opportunity to short above. Only, we would need to hope in H4 timeframe to short Also, I'm shorting by Daily timeframe my recent analysis that I see another bearish movement to $15,800 USD approx. And I will add this idea in the link below of this comment box.
COINBASE:BTCUSDShort
by harisonhbn9718
GBP/USD: UpdateAs I re-entry to $1.2117 USD, i'm shorting Sterling Pound recover my loss, but at the moment, I'm in profit with 58 pips. This manipulation movement was when in the early hours the UK Consumer Price Index raise 10.3 vs the forecast 9.8%, indicating optimism in the consumer trending and purchase against the UK inflation. But in another way, we have bad news in UK economic news that it's making a deep impact in the inflation and another economical metric that affect UK economy that will need monitoring it. Now, talking about the H4 technical analysis, we see a strong sell pressure right now that Pound it's drag in front of U.S. Dollar, what we could to expect a bearish movement to $1.1940 USD as based the fundamental news and also the Daily analysis in my perspective. If Pound reach $1.1940 USD before that Forex market closed up on Friday at 5:00 pm (U.S. Eastern Time), It's fine, or not, depending the market price, I will closed up manually this trade. But we have this opportunity shorting Pound. Also, I identify that this zone at $1.2140 USD was a sell smart point that I didn't identify, but as today the movement was manipulated, and there was liquidation in the trades, so, institutional up the price and then made this sell pressure. So guys, this it's all for now!!! If you're shorting Pound above $1.2110 USD, you're in profit for now!!! And I change my target to $1.1940 USD. Also, I will share my Daily analysis here and my past trade in AUD/CAD that I got profit earning 6.03% shorting AUD/CAD Good luck in this trade
Short
by harisonhbn9718
10
GBP/USD: Short in the 0.382% FibonacciGreat Britain Pound/U.S. Dollar look bearish in H1 timeframe, what we could to have another opportunity to short Sterling Pound. For tomorrow, we have a economic news in UK economy that it's about UK Average Earnings Index + Bonus what depending the result, will define the trend in short timeframe, but we expect to raise 4.5% in the forecast vs actual 6.2%. Also, as key factor it's that Chinese economy it's in the drag to take note in this fundamental news. This it's the H4 and I expect that Sterling Pound continue drop in front of U.S. Dollar, also, we're in the important point to note in H4 and apply in my analysis here. And also, we pass the opporutnity that we would have to short GBP/USD from 0.618% fibonacci, but the price can to give us another opportunity to short GBP. i put a sell order limit to $1.2088 USD in the 0.382% fibonacci, Stop Loss to $1.2131 USD (42 pips) and take profit to $1.1988 USD (100 pips) Good luck!!!
Short
by harisonhbn9718
5
AUD/CAD: Short position by fundamental newsAs today, I short AUD/CAD from $0.9076 CAD, Stop Loss to $0.9104 CAD and take profit to $0.9023 CAD. All update for now!!! What I see it's that AUD/CAD break out this bearish channel formed in H4 timeframe and we see a good opportunity that I'm shorting now Now, watching in H4, I believe that price will need to make a reaction in the up trend line that I extend now and show you by blue arrow a point that posible to entry to bought inmediately after this drop that it's happening now by China economy. We could to see a support at $0.9026 CAD as main support to take in note. In based the fundamental news, it's that Chinese industrial, retail sales fixed asset investment fell in the estimate today data in China economy with concerned about the disappointing global recession fears. i see that this will affect the Asian currencies to short position by this bad speculate in the world. I'm shorting Australian Dollar in front of Canadian Dollar now!!! If you short AUD/CAD from by signal in the noon, we're in profit for now to find up 55 pips as target. Good luck!!! I put my link to related idea my first simple analysis, this it's the udpate!!!
Short
by harisonhbn9718
3
GBP/CAD: ReviewGreat Britain Pound/Canadian Dollar was one of the best trade that I have, together with GBP/AUD and AUD/CAD. But this trade was hard because I believe that GBP will strength, but the price continue drop into this consolidation that I identify it. We formed a bearish descending triangle and right now, made this break out what I get 6.50% earns or equivalent of 101 pips So guys, as I had 16.69% and sum 6.52% in this trade, so I get in total 23.21% of earned. So, this it;s the end of this week that I finished with 23.21% earnings and -3.87% lossing. So, compared with the last week, in total to reach my 20% monthly, my % in progress it's around 11.67% in this month in August, but my goal it's to reach 20% monthly, as minimum goal. I'm very well for now!!! So guys, every week, I will do review on Forex par to know what I did good? as What I did bad? Because, this it's my evaluation to know my performance in my trading and my experience.
Short
by harisonhbn9718
AUD/CAD: Weak in the price actionAustralian Dollar/Canadian Dollar look that the price doesn't continue climb, but we analyze it that in all timeframe in H1 and H2 look bearish, what we ned to change our mindset to short AUD in front of CAD. I will make this quickly analysis to short AUD as the price make resistance in this grey zone that I draw in H1 timeframe. I entry now in the market price, Stop Loss to $0.8998 CAD and take profit to $0.8914 CAD. I hope that this idea support you1!! I closed up my long position now!!!
Short
by harisonhbn9718
3