1907 USDCAD setup a selling order with RR>4Hello traders,
USDCAD is bearish on DAILY/ 4H chart.
Setup a selling order down to the green support dash lines as targets with highest RR>4.
GOOD LUCK ON THIS PLAN.
LESS IS MORE!
Continuation
DAX longsReasons to go long :
breakout of bearish structure
new high formed
reaction from daily tf support
nice bullish structure on 4H
GBPUSD CONTINUATION PATTERNPair: GBPUSD
Timeframe: 1H 4H
Analysis: Round number level, Support break, Trend channel, Fibonacci retracement, volume profile, High ATR bearish candles
Key Takeaway: Break of support
—————
Level needed: Need to see price hit 1.18155
—————
Trade: Short
RISK:REWARD : 1:4
DXY falling wedgeDXY appears to be in a long term falling wedge. Recently, it's had a steep uptick, which indicates a pullback, but it did successfully break up out of the wedge, and will most likely rebound and continue upwards (the dollar will become more valuable relative to other currencies).
This will take two years to play out, in my opinion. Most likely just after the next presidential election.
Bullish, but a long term pattern
US30 5 of July US30 perfectly respected the prediction. It bounced on our support zonee and it continue the uptrend
CADCHF Continued Bearish could happenCurrently, the condition of CADCHF is in a very bearish condition, and will test the red line shortly. I think CADCHF will continue declining when the price fails to break the red line, so be careful when taking long.
daily bearish pennant on ethI am seeing a story being foretold here. Looks to me like a bearish pennant on the eth with a measured move to the .886 from the Mar, 2020 low. Only one factor missing here, my patients.
DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your own investment decisions.
Rising Wedge for Ethereum?Looking at the 4-hr chart for Ethereum, we could identify(?) a bearish trend with a correction forming as a r ising wedge .
Do you agree with this analysis? If so, keep on reading...
Now this can lead to a continuation, or a trend reversal.
I have spotted three points of interest, waiting for a confirmation, before starting a long/short position.
What is your opinion?
Which of the three exit points do you see as more probable?
CREDO long ideaContinuation flag. Waiting from break out the flag pattern. Will enter on confirmation once the high of breakout candle is broken. Stop atm is around 11.50. Profit Target 1 then move stop to break even. Allow to run to profit target 2.
EURJPY Continuation TradeHi Traders,
I am looking at a very simple setup on EURJPY today, We have basic price action creating lower lows and lower highs, Price has also rejected the current resistance level and I would like to see the continuation to the downside,
I would 1st like to see the current h4 Candle close Bearish, Once this happens I would monitor the next h4 candle to see if price will continue the bearish push.
Keep in mind that tomorrow we have the FOMC and this may affect how price moves tomorrow so be prepared for anything. My target would be around 139.0 On this pair and would expect even further push down. For now, let's see how price plays out.
Renaldo Philander
GBPNZD I It will move downward + 200 Pips Welcome back! Here's an analysis of this pair!
**GBPNZD - 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
#GBP CHF # TRADE Perfect forecast Buy trade on GBP CHF running ,, perfect forecast done on GBP CHF ....
#GBP CHF 1:4 R Continuation setupLooking for buy on GBP CHF possible continuation on bullish trend . respected the resistance and long engulfing with high volume possible FV gap clearance on buyside. thanks.
#EUR GBP 1:3 RRR CLOSED WITH PROFITClosed EG with 3 R proft. perfect forecat done on EG. ENTRY WITH proper confirmation only . thanks.
GBPJPY is retracing to supplyGBPJPY tapped a strong demand zone and gave an reaction with volume.
on the LTF we have a continuation.
this is no financial advice :)
#EUR GBP# SELL THEN BUY PLANLooking for sell on EURGBP 0.85068- TARGETING to 0.84553 and then next buying opportunity is 0.84553 - targeting to 0.86100. expected stoploss 50 pips and 160 pips profit target. Thanks
GBPCAD UPDATEMulti timeframe analysis on GBPCAD, now the market has made a liquidity inducement we are waiting for the market to take out the high of the Asian range before we can look for short entries.
#USD CAD # BUY SETUP Waiting for retracement to buy on USD CAD ,, Respecting on lining up on previous support as resistence and overall bullish market broken closed with bullish momentum. thanks
#EOSUSD Sell planConfluence : Higher timeframe bearish.Expecting an retracement before touching last weekly resistence. If we met an resistence in 1.859 before an retrace setup will be High risk. Still now price can possibly to retrace 50-61.8 fib extention levels on 2.110,,Then look of an sell opertunity. thanks..
DXY 4 Hour - Decision PointWe've been tracking the DXY for a while now as it's rallied up into 2017 highs only to hold a structure followed by a break below, close below. This price action pattern allows me to make a bearish prediction with my personal tactic of entry being to wait for a pullback into previous structure resistance.
Our pullback has occurred & is currently looking to once again retest the highs of previous resistance which puts us at an interesting "decision point"
IF price can hold resistance again then it would be a positive sign for our short idea. HOWEVER, if price were to violate the highs, then we would be right back in bullish continuation mode with the next stopping point on my radar being 106.40's.
As always, if you have any questions or comments on this idea, feel free to leave them in the comment section below as I do read through each and every one of them.
Have a great rest of the week in the markets & an awesome weekend!
Akil
eurusd sellcontinuation trade
entry at 9:10 am
Daily: downtrend + yesterday closed dojo bearish
Weekly: downtrend, last week closed bearish below last weeks range + rejecting 1.90000 zone
4hr: downtrend under 50 ma
1hr: downtrend under 50 ma
15 min entry
Gold is reaching further.Gold has lots of momentum to the downside. Their is lot of downside to be given, believe the liquidity is still their hiding waiting to be taken. The levels are obvious, and I would bet on it that gold goes further with the bears. The retracement shows their is potential to fall further. Plus the trend and key level is right about on point for more action back from gold. Their are no higher lows being made I trust gold to drop, if the trendline is tested to create higher lows then and only then will I believe in reversal.
