Candlestick analysis
USDJPY BEARISH ANALYSISHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
USDCHF BEARISH ANALYSISHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
EXp World Holdings This is my take on what I see, technically.
Confluence (3 or more):
1. H.T.F. continuation order block formed. Bull's favor.
2. P.A. heading towards order block after B.M.S.
3. P.A. breached previous LHs. Precursor.
4. Bullish Wedge currently forming from H.T.F. perspective.
5. P.A. rallied after O.B's 1st test.
I would look for price to break lower before a B.A.R. occur with the diagonal resistance. If the bears were to breakthrough barriers then I would wait for a B.A.R. of the $32.50 down to the $19.72 level since there's a nice potential profit margin within that range that can be seen from a bird's eye view. We shall see...
Fundamentals:
"EXp World posted revenues of $564.02 million for the quarter ended September 2020, surpassing the Zacks Consensus Estimate by 37.73%." -Yahoo Finance
GBPAUD - Bullish Bat checkbackA bullish bat check back trade has already setup. It's your call to engaged now or to set a buy limit at the level that gives you a better return. Conservative targets are set for this trade setup.
AUDCAD - Bearish Deep Gartley AUDCAD has a Bearish Deep Gartley Pattern setup at X. I love trading at the level as it has an amazing Reward is to Risk Ratio. Traders who are looking to short can wait for a retest of the resistance level(red line) for a shorting opportunity. One thing traders have to take note is that there is a consolidation above the X level.
EURJPY - Bullish CrabOn a mid-long term, I'm looking for a shorting opportunity on EURJPY. The shorting opportunity I'm looking at the red trendline. Just before that traders can wait for a buying opportunity on the blue trendline on the Bullish Crab Pattern setup.
USDJPY-Weekly Market Analysis-Nov20,Wk2Last week on the Weekly Market Analysis we have shared that is a likelihood a break and close below structure low(link at bottom). Traders that had not short can wait for market retest at 104.19 or the trendline retest of a shorting opportunity.
GBPUSD-Weekly Market Analysis-Nov20,Wk2GBPUSD is at the major resistance of the Daily Chart, a great consideration for a counter-trend trade, on the 1-hourly chart the same level marks the completion of the Bearish Shark pattern. I will wait for the market open to observe if there's any gap when the market open, what's caused by the US Election Results.
EURUSD-Weekly Market Analysis-Nov20,Wk2EURUSD is at daily chart structure high which gives counter-trend traders a good opportunity for shorting opportunity. Trend Traders can wait for candle consolidation at 1.1814 for a buying opportunity.
GBPUSD SHORTTweezer top formed at resistance of ascending channel indicating reversal. Also there is a double top formed on the 4hr as well. Price will retrace to median of the ascending channel. Once price reaches the median price either keep falling, or test the resistance of the ascending channel again.
GBPJPY - 5-0 PatternA 5-0 Pattern set up for a counter-trend trading opportunity. There's a trendline that can help you to gauge the movement of the setup, breaking and closing below the trendline weakens the uptrend movement.
GBPAUD - Bullish Deep CrabWell, is rather rare for me to share my workings this way as I prefer clean chart, so bear with me on this.
There's a bullish deep crab setup on the GBPAUD, the level that the setup end was at a Major Support Level, on the daily, 4-hourly and 1-hourly chart. The first target of the bullish deep crab pattern coincides with the assumed retracement level I was looking at, with RSI at the overbought area and other things, I've already engaged the trade.
EURCAD BULLISH ANALYSISHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
NZDCAD BULLISH ANALYSISHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
Gold: 1H''SELL MARKET ORDER''
Why sell?
Bearish Gartley
Negative hidden divergences
Doji at PRZ
There should be some serious resistance at current prices, around $1896.
Good luck to everyone trading gold this week!
AMZN READY TO GO LOWERAMZN has not finished its downward bearish trend yet.
- MACD indicating strong sell power
- Consecutive large red candles
- Declining RSI at 31
- Candles trading below the SMA100 line
Furthermore there is a support around $2885 which has become the new supportline and my estimate to where the price will retrace.
Hit like if you found this helpful.
Thank, Ev
