EURAUD-1H-Long PotentailHi guys;
After breakout the Falling Wadge Pattern and Retest finally it triggered BUY Signal for safe entry.We are long till TP1 or TP2.Hope enjoy.
Please put your comment below.
Breakandretest
GBP/JPY - Classic Simple SetupsA really simple analysis on GJ for you guys today!
More classic Break and Retest Setups on this pair - In line with the HTF bias we've been talking about for some time! Mark key levels - wait for breaks of these key levels - then wait for a retracement to test your marked key levels. See confirmation? Enter the trade?
If you don't know what this means, just drop me a DM!
USDJPY// Break & RetestPrice broke out of the channel and formed a harmonic Bat Pattern which signaled a reversal back towards the trendline.
The nose of all harmonics represent an area of strong support or resistance, and in this case it will be serving as support.
Also in this area is the trend line which price just broke through, about to retest.
There are fundamental factors at play this week that may have an effect on price.
EURUSD-4H-Short potentailHello guys;
Short setup for Sell traders .Hope everything goes well.
I look forward to hearing from you. Please PUT YOUR COMMENT BELOW.
Long ETH/USD, targetting highsAttemting to take advantage of the recent dip so I am longing ETH with a tight stop weary of market conditions.
audjpy continuationprice is currently at a strong area of resistance on 4h // however i spotted a flag which signifies a continuation .so a safer setup will be to look for a simple break and retest for a continuation of the bull run
GBPUSD RangingWaiting for GU to break the range either to the upside or downside, based on my GJ analysis I am buy bias on the pound.
GBP/JPY - Another Break and Retest Trade IdeaHTF - Bullish - Ascending Channel
Breaking levels to the upside consistently
Lets see if price falls to retest our top 4HR key level and bounces
DM me for more information!
Happy Trading!
EURAUD-4H-Wating for breakdownHI guys;
ON the EURAUD pair,we can see the price has a correction till upper trendline and after reached the trend line,price's reversed buy trendline.For present, we are watching the price's moving whenever it breakdown the key level and done the retest,can enter to a short position till the next strong support zone.
GBPJPY-1H-Short PotentailHello traders;
According to the Elliott Waves and Price Action analysis ; chart shows up some short signals that can enter to short position with 3 targets.
I look forward to hearing form you;
Put your comment right-away.
EUR/USD - Range broken to the DownsideBears continue to take control of this market as price breaks to the downside. Could we see a retest of previous support before further movement to the downside?
We forecasted a break to the downside because it was in line with our HTF directional bias on the pair. For more - just drop me a private message!
AUDND: Drop is coming based on fundamentals and price actionHere as you can see the market breaks sharply the previous low(support) and now it's going for re-test.
After the morning announcement for the second bond purchase the AUD lost a lot of strength
and the potential for a drop is high.
--> Wait for the market to re-test the resistance and SHORT THE TOP ! ! !
EURUSD Weekly RevisionOption 1
Market continues to go up until the Resistance on 1.255 then comes back down.
Option 2
Market makes a retracement until the market "Possible Buy Point" where we can see a possible support of a resistance broken.
FOREX - WEEKLY OUTLOOK FOR THE WEEK OF 1/24/21 - 1/29/21 Weekly analysis for the coming week. The volume was not there last week. Hopefully this week we get some momentum in the markets.
Indicator list:
- MA HIgh 5 Offset 3
- MA Close 21 offset 3
- Vortex Indicator 14 preset
FOREIGN CURRENCY TRADING IS HIGHLY SPECULATIVE AND RISKY. TRADE AT YOUR OWN RISK. Trading forex on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before participating in the FX market, you should carefully consider your investment objectives, level of experience, and risk appetite.
You should trade in foreign currency contracts only if you understand the contracts (and contractual relationships) into which you are entering and the extent of your risk exposure.
GOLD BUYGold finally broke out of its consolidation range after playing around for weeks, im looking to go long on the retest
INTRADAY IDEA - Selling out USDJPYBased on my opinion, I see price retesting previous support now turned resistance to continue its bearish drive. I'd like to take advantage of USD's instability. Furthermore, it is very likely that price would break the support it bounced off from yesterday's US Session.
Please exercise caution in trading.
Good luck!
Please consider following for more trade ideas.
Short idea GBP/AUDGA broke out of a bullish channel, and is retesting the trend line. The trend line is also a .618 fib level. With all the confluences, we can expect a good rejection of the level, and a push towards the downside. My first tp would be around 1.75554.
CADJPY, at S/R zone + trend line.Price is currently in a 4H support and resistance zone which also intersects with a 4H trend line. We have multiple confirmations that we could get a nice bullish move in this zone. Once price continues to respect this zone without breaking through it, drop to a lower time frame and look for a reversal pattern before entering a buy. However, if price breaks below this zone and trend line, wait for a retest before taking a bearish trade.
NZD/CAD - Break of Structure and Textbook B&RWe've seen NZD/CAD in a long term uptrend. We see a break of structure, a retest of a previous structure low before bears enter the market.
Look at these textbook break and retest setups and potential entries you can take to the downside! A break and retest is when price breaks through a previous low in the market, retraces and tests this level as resistance before continuing the downside move.
Watch out for these types of setups across your currency pairs!
EURJPY, break and possible retest.Price has finally broken out of a 4H long term range. EURJPY will start to pullback soon and we may see price retest the zone which it previously broke out of. If this happens we can drop to a lower time frame and wait for the retest to end before entering a bearish trade.
BUY THE DRAGONCONFIRMATIONS
Breakout from range
Untested orderblock/demand zone/support, whatever you want to call it.
Correlates with the "golden zone" of the FIB-tool.
Higher low created within the range
Correlates with recently created trendline which is yet to be unconfirmed, i like to see 3-4 bounces on the trendline.
All simple, fundamentals not included.
USDJPY (SELLS ONLY)Already broke down. Waiting for it to come back up and retest structure. Then sells looking for trend continuation to form a new low..
