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Confluencetrading

EURJPY multi time frame analysis shows it is necessary to shortOn my previous post on the 1 hour I showed a triangle which should've broke to the downside, once I see that happen I will enter a short position which i will manage on the daily time frame. Both of these posts demonstrate the need to short the market rather than go long. In summary I will use the hopeful break of the triangle on the 60 minute to confirm an entry into the trade on the Daily. Good luck! If you found these helpful please like this post as i will be able to see if you guys found my first couple posts useful, Thank you!
Short
by A4R0N1
Xauusd Long Confirmations: Entry point Here because... A: Confluence 1. Imbalance 2. Manipulation 3. Four Hour Previous Market Structure 4. Fibonacci Golden Pocket (last Higher Low Before Break of Previous 4hr Market Structure) B.Structure 5.Higher Lows Forming 6. 2 weeks of Continuous Bullish Structure 1 to 4 risk to Reward tp 1 its all about The Risk to Reward If this trade clears at 1% risk, you'll make 4% Profit , Once Trade Goes to 1;1 Risk Stop loss at Break Even you can even decide to take Partials and let the rest Ride 1 to 18 Overall Tp What does that mean? If you Risk... $10 You Can make up to $180 No reason to Gamble 1% can make you 18% 2% can make you 36% 3% can make you 54% All on a single Trade Besides cryptocurrency youll never see a return that Great With investing Cfds / Margin Trading is the way to go If you dont have a trade plan Dont trade!!! Always know your potential Risk and How much You want to make Minimum For every trade Before you get in and Do Not Over leverage risk 1-3% Max per Trade This is what Separates The investor from the Gambler Simple but not easy
FOREXCOM:XAUUSDLong
by carluccifamily
1
EURUSD | Perspective for the new week | Follow-up detailsWe witnessed a total of 500pips in our direction since my last publication on this pair (see link below for reference purposes) and it appears the Bears have lost the momentum giving way for a potential rally in the coming week(s). The Euro fell significantly during the course of the last one month to break below Key level @ $1.18500 level, only to turn around with signs of life again during the latter part of last week trading session to break and close above the same Key level. With the recent structure favouring the Euro; participants (buyers) look forward to the coming week(s) with optimism after the ECB decided to let inflation slightly overshoot its 2% target to avoid the risk of premature tightening. Tendency: Uptrend (Bullish) Structure: Breakout | Supply & Demand | Reversal pattern (Re-test/Rejection) Observation: i. The Bearish momentum that began in January 2021 broke out of her prevailing direction (Bearish Trendline) on the 22nd of April 2021 to set the pace for what look likes a Trend continuation. ii. The first major level to hold price "supported" this year (2021) is identified at $1.17000 (31st of March 2021) which is represented on the chart as the Demand zone. iii. I have hereby tagged this Demand zone a strong level for buyers considering the emphatic run (leading to a Breakout of the Bearish Trendline) that peaked at $1.22650 (over 500pips move). iv. The Bearish momentum that began on the 26th of May appears to stall @ $1.17850 which also fulfils a re-test pattern of the Trendline Breakout as we witness the buyers picking up momentum from the Demand zone mentioned earlier. v. In this regard, a confluence is identified at $1.1800 - a point where the Trendline and Demand zone meets to favour a "possible" rally. vi. We saw the price break and close above $1.1800 (Key level) on the last day of last week trading to reveal a buying momentum at this juncture. vii. The price MUST remain above the key level to support a Bullish bias in the coming week(s)... Trade consciously!😊 Trading plan: BUY confirmation with a minimum potential profit of 300 pips. Risk/Reward : 1:6 Potential Duration: 5 to 12days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
+55 pips and counting ! GBPJPYCheck my previous signal post below , go through it and make sure you understand the reason behind my Short long (long sell) idea. Insert the Bollinger Band indicator into your chart and in H1, you'll notice that just as the bands contracted around 153.950-154.120-ish, it started expanding when price started impulsively bullishing to 156+. You'll also notice in H1 that the bands started contracting around the high price went to and just started expanding and price is already in a downtrend which means history is definetly going to repeat itself. With all that said, i believe GBPJPY still has a lot of room to fall, more like a 100+ pips range to bearish. #forex #forextrading #forexmarket #forex #freebies #forexsignals #instagram #facebook #Divergence If you like this post please, cheer us on, leave a like, share, follow and most of all, engage with the post by sharing your thoughts in the comment section.
Short
by LaBOSS_FX
1
155.550 the first likely TPTrading against the trend isn't my style but i believe this idea has garnered enough traction to make GBPJPY a possible sell all the way back to the 154 level which when price gets there, could keep bearishing to 153. Once the trendline that's acting as the support gets really broken, price should begin it's move down. #forex #forextrading #forexmarket #forex #freebies #forexsignals #instagram #facebook #Divergence If you like this post please cheer us on,leave a like, share, follow and most of all, engage with the post by sharing your thoughts in the comment section !.
Short
by LaBOSS_FX
3
2951+ pips and counting !.Bitcoin is already halfway through our analysis which will confirm the inverse Head&Shoulders pattern i wrote about in my previous analysis. Once the bearish move to form one part of the right shoulder is complete, the bullish move should commence almost immediately because the bulls are waiting to push price above $40,000 which they will accomplish right after the bearish move is complete/over or when the bears are exhausted (it's all the same thing), to complete the other part of the right shoulder and after the Inverse Head&Shoulders pattern is complete, you know what next to expect !. #forex #forextrading #forexmarket #forex #freebies #forexsignals #instagram #facebook #Divergence If you like this post please cheer us on, leave a like, share, follow and most of all, engage with the post by leaving your thoughts in the comment section.
BITSTAMP:BTCUSD
by LaBOSS_FX
Bitcoin Analysis complete ! Inverse Head&ShouldersA little insight on the Inverse head and Shoulders An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs. I call a short short (a short sell) And as always for bitcoin: Stop Loss = 500 pips Take profit = 5000 pips #forex #forextrading #forexmarket #forex #freebies #forexsignals #instagram #facebook #Divergence
BITSTAMP:BTCUSDShort
by LaBOSS_FX
2
XAUUSD Analysis complete Inverse Head&Shoulders !.Price is going to touch the confluence zone in order to form one part of the inverse right shoulder before we long price to the moon. Let me explain what the head and shoulder pattern entail and how to trade it.. THE HEAD AND SHOULDERS PATTERN A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. NORMAL H&S Left shoulder: Price rise followed by a price peak, followed by a decline. Head: Price rise again forming a higher peak. Right shoulder: A decline occurs once again, followed by a rise to form the right peak, which is lower than the head. INVERSE H&S Left shoulder: Price declines followed by a price bottom, followed by an increase. Head: Price declines again forming a lower bottom. Right shoulder: Price increases once again, then declines to form the right bottom. #forex #forextrading #forexmarket #forex #freebies #forexsignals #instagram #facebook #Divergence If you like this post please leave a like, share, follow and most of all, engage with the post by leaving your thoughts in the comment section.
FX_IDC:XAUUSDLong
by LaBOSS_FX