Buysetup
Total Contrarian Trade/SetupAs much as I believe in "Don't Fight The Fed", I'm starting to think the bottom for the US markets (Technology/SPY/QQQ) may be much closer than some people think.
My cycle research suggests a 2022.5 cycle pattern (late in the second half of 2022) is highly likely. Have we seen that yet? Maybe. Maybe it is the recent bottom in June 2022 and the change of direction (higher) after that bottom.
Here are some of the KEY CYCLE PATTERNS that catch my attention.
9-27~10-8 : Harami, CRUSH, Gap, Top, Consolidation, Temp Bottom, Gap Reversal, Breakdown, Breakaway, Rally, Carryover, Bottom
10-11~10-25: Inside/Breakaway, Harami, CRUSH, GAP, Gap Reversal, Breakdown, Breakaway, Carryover, Temp Bottom, Top/Resistance, Consolidation, CRUSH, GAP, BIG GAP
These patterns, and the fact that I'm seeing some strength in the consumer sector, align with a potential Elliot Wave setup that suggests we may see some extreme volatility as we shift into a moderate Christmas Rally Phase.
It all depends on HOW DEEP (if anything) we see the markets move after the Fed rate decision. If the markets fall back into bullish trending and attempt to move away from lower support levels, then there is a very solid chance we may see an extended Bullish price trend starting a new Christmas Rally phase - possibly lasting into Q1:2023.
The CRUSH patterns are the only thing that concerns me. These are typically very aggressive downward price moves - but can sometimes represent pullbacks in an uptrend. I've seen them happen in very strong uptrends and I'm thinking capital may be shifting away from the same risks that were in the markets in late 2021. We've seen technology and other sectors fall 45% to 76% in some cases.
The contrarian trade (bullish if support holds) may be a very low risk trade right now.
APE Long position in short- and mid-timeApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3.
ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders.
Buy setup
Entry : 4.18 - 4.63
SL : 3.82
TP1: 4.69
TP2: 4.76
TP3: 4.84
TP4: 4.93
TP5: 5.05
TP6: 5.2
TP7: 5.4
TP8: 5.7
TP9: 6
TP10: 6.9
TP11: 7.5
TP12: 8.25
TP13: 9
TP14: 10.2
Spot and Future (1x, 2x, or 3x)
Run and keep it enjoy!
Follow me! Copy my trade!
GBP/CAD: A Long Setup Available Now Don't Miss It This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDCAD Long Trade SetupA bullish opportunity recently presented itself on the kiwi-loonie trading chart. This follows from the bullish engulfing candlestick pattern which printed just above the 0.79100 psychological level. A stop loss below the 0.79000 psychological level and a profit target anywhere between your entry and the swing high of 0.82534 could give you a reward-to-risk ratio as high as 7 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.
FX:NZDCAD
Rooting for you!
Your FX Plug
USDJPY FOLLOW THE TRENDLooking to see if we get some continuation longs for another bounce off this step uptrend we have going on USDJPY. Pretty simply if we see this highlighted level break this trade is invalid and structure is broken. We can see fast sell offs at any point so I will be moving stops to break even once a few pips in profit!
GBPUSD Long Trade SetupA bullish opportunity recently presented itself on the pound-dollar trading chart. This follows from the bullish harami candlestick pattern which printed just above the 1.14000 psychological level. A stop loss below the same psychological level and a profit target anywhere between your entry and the swing high of 1.22956 could give you a reward-to-risk ratio as high as 5 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:GBPUSD
EURUAD BUY SCALP & INTRADAYWelcome back! Let me know your thoughts in the comments!
**EURAUD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
EYR/JPY Prefect Buy Setup Hurry To Catch ItThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
BEST BULLISH SET UP OF THE WEEKStumbled upon the U chart and I see some possible magic. Clearly has gotten obliterated even more than the overall market. What I don't
like about the chart is that the price is currently under IPO price which is always a red flag. I am not sure what kind of BS has been going on since their IPO but I'm looking strictly at technicals. What I love about the chart VOLUME VOLUME VOLUME that's what I want to see as a bull. Appears to be some clear-cut textbook accumulation complete with a nice retest. That green doji to end the week is sexy. If it opens red tomorrow or turns red this is the play of the week IMO especially if the rest of the market is holding up. As always not financial advice just some opinions.
GBP/JPY LONG SET-UPGBP/JPY Buy Set up
Technical breakdown on GBPJPY
GJ is in a very bullish condition, however, I understand that the pair is also trading at a strong level of resistance
Saying that, GJ has the potential to break past resistance, and this could be the trade we need to make it happen
GJ has broken 15m resistance but hasn't come back to retest, this key area also lines up with a strong psychological level (165.000) as well as the 61.8 FIB level
I will be looking to take this buy as long as we see and a bearish candlestick formation, this can be wick rejections or a depletion of selling pressure
BUT
This area of resistance has a chance of holding so if price does break through 165 and retests this zone showing bearish pressure, I'll be looking to sell this pair down to 163.500 or 162.500
AUDUSD Long Trade SetupA bullish opportunity recently presented itself on the aussie-dollar trading chart. This follows from the bullish engulfing candlestick pattern which printed just above the 0.66800 psychological level. A stop loss below the same psychological level and a profit target anywhere between your entry and the swing high of 0.71403 could give you a reward-to-risk ratio as high as 5 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:AUDUSD
VAKRANGEE - WEEKLY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....