Get started

Bearishusd

EURUSD Bullish Trade SetupSL: 1.06500 ENTRY: 1.07626 TP: 1.0 After an initial bearish move price found support at the monthly demand zone and also respected the 1.05 quarter point & monthly trend line. This ultimately formed a higher low and a continuation of the overall bullish trend. Price then began a bullish move until it met resistance at a weekly supply zone and created a lower high. A huge sell-off followed until it met and found support at the monthly trendline, support at the 1.075 quarter point & support at a weekly demand zone. The sell-off also served as a retracement and price ultimately ended up respecting the 61.8 fib level. The weekly candlestick also appears to potentially close as a bullish hammer. I am expecting price to continue bullish and test the resistance of 1.0 major point/weekly supply zone.
Long
by NoCeilingsTrading
DXY Trend Direction Breakdown - Aug. 2nd, 2021DXY confirmed bearish on a break of 91.980. Using structure to determine 90.581 as my current farthest short target, with multiple levels/zones to pass through first; shorts started around 92.186. Price retests and ranges within 92.186 - 92.333 are stuck in a zone that I personally will not attempt to trade within. The bullish trend was held above 91.800 at first, and just recently adjusted higher to 91.980, which weakened the overall previous trend and caused me to switch to a bearish bias. My personal new long orders would start around 92.333 with the current farthest target being 93.088, with multiple levels/zones to pass through. Analysis referenced the daily, 4h, 1h, with 4h being the main reference.
TVC:DXYShort
by TonyAiello
Looking to short USDJPYI have a bearish outlook on USDJPY. I am expecting price to make one last bullish attempt, before finally dropping as expected. I think the another minor push to the upside will create a double top or complete the head of the possible head and shoulders formation, from that point on i will be looking for a bearish candlestick to enter a sell. I believe that price is overextended. Initially price was making both higher highs and higher lows, but price just took off. I believe now price is exhausted on the bullish push and will now make a retracement. Like if you agree, or if you see something else feel free to comment!
Short
by NoCeilingsTrading
2