USD/JPY: ReviewAfter that I trade this par during this week, we see a very hard trade that USDJPY was into this indecision of market and very hard to trade in the consolidation. But not bad, but I closed up my short with only 11 pips earned, this week was hard as a lot manipulation and indecision in the Forex market.
But now, talking about my past anaysis,I was in long in USD/JPY on Monday, but in this trade I loss 3.98%. That for me, this was a manipulation day after that U.S. Private Sector of Household drop to 511k vs the forecast of 575k in this week. And also, after this trade, I was shorting from $137.10 JPY in the smart zone, but the price go back to up, indicating a support at $136.40 JPY, also I was in profit like 60 pips shorting Dollar, but remember that this par it's very volatile and one of the par very manipulated in Forex market. But I got 11 pips in profit, what today unfortunately I closed up my short position as we see a very indecision and consolidation forming in USD/JPY.
So, as I got 3.98% in loss and 11 pips equal 0.93% in profit, So, in total I had a loss of 3.05% in loss. But now. this it's very natural that this trade was into this consolidation when I had a right insight what I see the Dollar. But I don't going to be anger for it, but every review that I make in my Forex par it's to learn about my mistakes as part of my success, not always we win, we need to have understood to loss.
So guys, that it's all my information that I bring you this review, so, I don't going to trade USD/JPY until break up this level, because we forming a descending triangle as possible continuation of the trend that we must to hope.
Bullishsetup
GBP/USD: Long position ;new updateGreat Britain Pound look Bullish as we see right now a bullish evolving pattern,that today we ide tifu a new bullish reversa in H1.
Meanwhile I will share as yesterday I talk about there point of support. It's appear that GBP make support now above of $1.2055 CAD a su also we see a liquidación I this point startng now to change our mindset.
At the moment, I closed up my short now as we see a bullish strength in H1. I will put my buy order limit to $1.2056 USD, Stop Loss to $1.1999 USD and take profit of $1.2213 USD
Good luck in this long position. At the moment, as I closed up my short manually I Loss 2.33%.
Now bad,but during the end of this week I will always make a recién to take my evaluación of my performance.
EUR/CAD: Possi le break out to follow the trend in Daily perspecEuro look that want to make a break-out. We could to see a bought opportunity what before was short and we was I profit in 55 pipa. But Euro take my break even what I updated this par.
Now, I wee a long in Euro
This it's the Daily chart. And we see that Arturo look optimistic
I hope that this idea support you!!!
Good luck!!!
AUD/CAD: Bought in the support zoneAustralian Dollar/Canadian Dollar look bullish in H1 analyzing this chart. I believe that the price will continue climb toward $0.9030 CAD. We could to look another opportunity to buy in the Sydney session in Forex market. i will make a leverage x2 as this it's a good chance to find up bought with hope to find up approx. 11.23% in this trade to grow up my account.
I put a buy order limit to $0.8976 CAD, Stop Loss to $0.8958 CAD. We see a dynamic Stop Loss in this Forex par.
I hope that this trade help you!!!
Good luck
Also, we're in profit in Euro/Canadian Dollar what we're shorting Euro!!!
CAD/JPY: Change of market structureCanadian Dollar/Yen Japanese could to forming a possible bought continuation, so, as we was in short position, we closed up this trade as we fall it. this movement. But in based my perspective, we don't see short for now and long for now. At the moment, the market it's move to the upside, but in case that CAD get strength, we could see a bought in the following zone that I mark $104.70 JPY and $104.40 JPY, what we need to closed up and keep away of this trade, if I know it, I closed up this short when we see this bullish movement, what I will take this analysis to work better and not focus in H4 becuase the armonic pattern what I show you fall this prediciton what I thinking. But now, analyzing the H1, we found out that CAD/JPY forming a change of market structure like ascending channel and lower high in the price, what mean a possible change of trend.
I hope that this idea support you, at the moment, we would need to wait a little more, in case to short this trade,we would need to break-out of the EMA 200 and 2nd support zone on $104.35 JPY.
I hope that this idea support you!!!
BTC/USD: Shoulder Head ShoulderBitcoin forming a Shoulder Head Shoulder Inverted in H4 timeframe and I look that there're a nice opportunity to long Bitcoin toward $25,200 USD.
I entry to long from $23,231 USD, Stop Loss to $22,590 USD and take profit to $25,200 USD. We have a risk/benefit 1:3
I hope that this analysis support you and trade Bitcoin very well!!
AUD/USD: Shoulder Head Shoulder Australian Dollar/U.S. Dollar formed a Shoulder Head Shoulder inverted in the downside. What we could to see a long position now against Dollar. Ok, in my past ananlysis I said that Aussie will drop, yes drop but made a manipulation in the zone that I was in some pips in profit and make rejection, what we could to see an opportunity to long AUD.
Right now, we're still in the opportunity to long AUD/USD. I will put a buy order limit to $0.6973 USD, SL to $0.6955 USD, and take profit to $0.7014 USD. i wil entry with 2x my leverage, what if I earn and get 42 pips, this could be a huge earn of 84 pips, because 42 pips x 2x = 84 pips. I make this becuase I'm very secure in this way that AUD still up in front of USD and the trend it's look that change today.
I hope that this idea support you. The analysis to short AUD will be cancelled and closed up manually, because I don't see very optimistic the past trade.
ETH/USD: 0.382% Fibonacci levelEthereum touch the 0.382% Fibonacci, but as we loss this trade to entry, I would found out another crypto trades that look very interesting to trade crypto in this week.
I will share my analysis and point of view of where Ethereum leading the price.
I hope that this anaysis support you!!!
I share my Daily analysis here!!!
USD/CAD: Bought in the pull backU.S. Dollar/Canadian Dollar forming a nice entry in the market live. What I see that USD/CAD break-out this bullish rising wedge what we could to appreciate it in H4 timeframe
This it's the bullish risng wedge, we pass the ABCDE Elliot Wave, what we could to expect it's that USD goes strong in front of CAD
If you want to bought like me, you can to do the following, put the buy order limit to $1.2848 CAD. Stop Loss to $1.2811 CAD (-36 pips) and take profit to $1.2942 CAD (94 pips)
I hope that his analysis support you
Good Luck
In the past month, July 2022 I made 17.88% in earns and Loss of 9.78% . I expect to get 20% monthly but I earned almost 18%, but not bad/ But I can to work better month to month and weekly to weekly.
CAD/CHF: Bullish butterfly harmonic patternI found out that Canadian Dollar/Swiss Franc forming a bullish butterfly harmonic pattern with the correct measure using Fibonacci for harmonic. But I see that CAD/CHF as forming this bullish perspective. I believe that CAD/CHF will continue drop, yes drop but doesn't drop as I expect because we see a wick of manipulation zone that institutional are interesting to buy this forex par.
I show clearly the rejection point, and also in H1 you can to see better as in H4 timeframe, because the drop was stopped and doesn't make a drop in the price, just a wick of rejection in that zone.
Also, there's a good opportunity to buy now CAD/CHF. I entry in the 2nd trade and entry to $0.7481 CHF, Stop Loss to $0.7452 CHF (27 pips) and take profit of $0.7530 CHF (51 pips). In my first trade I entry around $0.7486 CHF, For update, I put the same Stop Loss #0.7452 CHF (32 pips) and take profit of $0.7530 CHF (46 pips) This it's a risk/benefi 1:1, but have a lot potential to reach our target.
Good luck!!!
USD/JPY: ABCD bullish patternIn this update, USD/JPY forming an ABCD bullish pattern, what we could to see a long position right now that could to reach in the 0.382%. I use Fibonacci for armonic to calculate my potentials target. Also, I can see a double top in that chart and we're in the possible invalidation of this broke-down of support, our main resistance will be exactly to $137.61 JPY. Also, you can to draw a bullish butterfly harmonic pattern, but I put my analysis more easily to analyze it. Because it's the same calculous to measure it.
At the moment, the price still up, but I hope to continue climp as I Hope.
Good luck in this long position!!!
Remember, I entry around $136.61 JPY, Stop Loss to $136.11 JPY (update) and take profit to $137.61 JPY and a point to watch $137.30 JPY to know if the price could to continue up, Otherwise, the position could be closed up manually so near of $137.30 JPY analyzing the candlestick
EUR/JPY: bullish divergence and break outEuro/Yen Japanese break out this structure and want to continue climb that we could to get a good trade in this par. And also we forming a bullish divergence in the RSI and price action too.
We're in this way forming a bullish divergence
In Daily timeframe it's look bullish from this key support zone above 138.50 JPY.
I put a buy order limit to $138.76 JPY, Stop Loss to $137.98 JPY and target to $140.00 JPY. This it's look a potential trade to find up 138 pips.
This it's a quickly analysis today. I hope that this idea support you
Good luck!!!
NEARUSDT short term bullish divergenceNEARUSDT on the 4h timeframe showing the bullish divergence on RSI and MACD indicator while the price is making lower low however getting above 20MA and respecting it as support we could see a short term bounce on NEAR up till 200MA at 4.656 approximate level. If the bullish divergence gets played out.
ETH/USD: break-out of this bearish trend lineIn H1 timeframe. Ethereum made this break-out of this bearish trend line formed in H1 timeframe. And also, draw the Fibonacci level, Ethereum it's in the bought point in the 0.382% Fibonacci level. And maybe what consider, it's that Ethereum could to reach $1,200 USD, in the exactly EMA 200 point. And we could to get this long opportunity to find up 14% of movement.
I will put a long position now and Stop Loss to $1,005 USD and my own target in this day trading will be $1,200 USD. And my entry price was around $1.051 USD.
And well, analyzing the H4 timeframe, the trend could to be consolidate for few days until Ethereum fulfill the next step to crash, what I expect in medium term.
Good luck in this long position
10 year We must see how the markets react to this dump to the 10 yr, my gut thinks this could be a fear trade which causes money to leave risk and head into USA gov bonds. I would assume that at some point around 2.4% (618% golden ratio) a bottom will be found and the inflation narrative will be silenced for at least some time while Oil has a decent pull back to $60. Then the W5 will kick in and maybe intitially seem bullish while rates climb in a structured manor till around 3% or 3.2%. After rates hit that level inflation may start to appear again in the MSM. Once w5 really kicks in and heads towards 3.5%-4% plus this will likely be the debt market melt down. So watching DXY, stocks and crypto how this all plays out
CAD/CHF: Pending in the bought possible!!!Canadian Dollar/Swiss Franc forming a bullish market structure that the price could to climb up and we see an interesting long position to watch now
Analyzing the H4 timeframe, I mark the key point of the Elliot Wave Cycle that you can to read in the link that I post in the section to related ideas.
But analyzing more deep, the price it's in the 0.382% Fibonacci and we expect any bullish signal in the price action in H1 timeframe.
The H4 it's my fast driven to look, but I put my conservative target in H1 timeframe.
I will udpate this par when I identify a bought signal
USD/CAD: Bought by fundamental news in USDThe U.S. Dollar start with good news vs. the fears in the global economic slowdown in the global financial market. Meanwhile, I see a good opportunity to long this position U.S. Dollar/Canadian Dollar in H1 timeframe. For that, I put a buy order limit to $1.2880 CAD with Stop Loss to $1.2816 CAD (64 pips) and target to $1.3054 CAD (174 pips)
Meanwhile to recall, on Wednesday, we have a important economical news about interest rates where the FED it's being intensify the global monetary policy tightening inflation data, and where FED suggested more aggressive monetary policy. But economist expect that FED move and increase the interest rates for 0.75%.
So guys, i hope that this economic news become bullish and optimistic at favor of the bullish trend sentiment
I hope that this idea support you!!!
Good luck!!!
CAD/CHF: Elliot Wave Analysis ProjectionCanadian Dollar/Swiss Franc forming an Elliot Wave Cycle that could to continue up to find the Elliot Wave #5 in this timeframe. But analyzing more deep, the yellow number reflect the Daily timeframe what I draw more better here in my own analysis here:
We're forming the phase #5 of this Elliot Wave Cycle. And look in H4, we see that we're in the good point that we can to bought in the drop of this phase #4 of this Elliot Wave Cycle in H4 timeframe, and now, we're in the interesting point that we could to find up long position following this model and example
Everyday i work better in my analysis and I earn experience to make professional analysis with nice design and template, more understood, classic and modern
I hope that this idea support you.
In some minutes, I will post my 2nd analysis of CAD/CHF to know if we're in the good point to bought!!!
EUR/CHF: Triple Bottom bullish patternEuro/Swiss Franc formed a triple bottom pattern in H4 timeframe, but there're not any entries yet as I hope a possible pull back to $1.0340 CHF or in the gray zone. We could to open a long position when we see a bullish price action in the gray zone to entry to long.
Keep this trade in your radar in the next movement!!!
EUR/USD: 0.382% Fibonacci entry priceEuro/U.S. Dollar continue in this bullish trend in H2 timeframe and I see that the price make a lower high in this uptrend formed in H4 timeframe what we could to find up long position in this trade and find up between 80-90 pips as target
We could to open this trade tomorrow at 5:00 p.m. U.S. Eastern Time, but put a buy order place at $1.0721 USD and SL to $1.0689 USD (31 pips) and target between $1.0808 USD-$1.0818 USD (80-90 pips) in take profit
I hope that this analysis support you, I will udpate this par when open tomorrow at 5:00 p.m. U.S. Eastern Time