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.
Continuation
#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.
GBPCHF Impulse Correction Continuation Welcome back! Here's an analysis of this pair!
**GBPCHF- Impulse leg on daily and 4 hr. followed by corrective wave/bullish flag. If we get the breakout, our target is 2400 zone (previous resistance).
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
DAL Falling Expanding WedgePotential continuation with confirmations from the MACD histogram.
Will post updates along with targets if there is a breakout.
🐂USOILOil has been in a very strong bullish trend since the start of the war between Russia and Ukraine.
Price first gave a pennant continuation which didn't play out as well as thought.
The market has now given us a double bottom which can commonly represent a bullish continuation, and in this contact it does.
We also have the confluence of the falling wedge. We should look to long and have our Targets at the prices marked in red.
KCS - Trend-Following Buy Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
KCS broke our gray resistance zone and is now diving back below it.
As per my trading plan, here are the two possible scenarios I am looking for:
1- Bullish Continuation:
In this case, we need the bulls to break the orange flag pattern upward and above the gray area for another bullish impulse movement to start.
2- Deep Correction:
Until the bulls take over as per scenario 1, the bears can still push lower to the 15.0 - 16.0 support zone where we will be looking for new buy setups to form.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CADCHF CONTINUATION PATTERNWe can see how the level of resistance price has now touched has been very very difficult to breach throughout the past few months. To back this up we can also see we are in golden areas on the Fibonacci to see price continue in its downtrend. Once we break our short term upward trend line (RED) this will be enough confirmation to enter short.
USD/JPY (5 April 2022)Overall, USD/JPY is trending upwards, but currently still sitting in consolidation at 122.522
Governor from Bank of Japan has indicated;
"May Not Necessarily Be A 'Last Resort' But We Will Offer To Buy Unlimited Amount Of 10-Year JGBs If Rise In Long-Term Interest Rates Is Rapid"
A short term retracement towards next support zone of 121.70 seems unlikely now.
Instead, look for trend continuation if price breaks above 123.234 towards 125.00
Look for short-term buying opportunities of USD/JPY back towards resistance level 125.00
🐂EUR/JPYEUR/JPY has been bullish for some time, giving positives on a previous setup we shared.
Price broke out of a resistance and moved higher impulsively, the analysis to this setup is linked below.
On the 1H chart, price has now presented a continuation pattern in the form of a flag.
We should look to long when price touches the supporting trendline for the third time and changes structure
Price has also formed an invers Head & Shoulders, so we should look to buy.
OANDA:EURJPY
EURNZD LONG TRADE IDEA Based on the daily timeframe, the overall dominant current trend movement is bullish. Market fell all the way up now we are in a little correction phase supported by a continuation pattern. Based on my analysis, the market should continue it's bullish movement from next week.
LUNA/USDI hope i made everything clear. Currently, LUNA is in huge channel so we need wait for it's reaction by the time when it hit the lower support line. Wherever the price is going you always need to stay flexible and make sure open a decent entry (wait for patterns etc) because crypto currencies are moving so aggressive and once you opened a position, always stick with your plan til the end thanks.
Bullish reaction to recent secondary Target 390, stop loss 277
SEDG setting up for a bullish continuation once it clears 327-330
Stochastic RSI primed for liftoff
Not advice in the financial sense or whatever.
RUNE potential profitable LONG above 7.900It's a nice and simple chart for $RUNEUSDT
It came as an unexpected drop today for RUNE considering as JASMY and WAVE have been holding and running an uptrend.
However, on the upside, as BITCOIN seems to rally up, if RUNE breaks through 7.900 price mark, we will see a continuation to above ~8,100 levels, and higher.
It is best to watch the 15m chart with a clear view on the 4h as RUNE has good trading volume currently.
EURJPY Analysis I Bearish Continuation Welcome back! Here's an analysis of this pair!
**EURJPY Update - After retracing over 200 pips, we now have bearish confirmation on the 4 hr. Expect a continuation downward. Realistic targets 128.00, 127.75, 127.00
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
Buy Domino's 🍕???Technicals
We're now at the 38.2 % Fib retracement, which would be an excellent correction in a bullish trend.
We have been in the big picture for over ten years in a bullish trend. So the underlying trend may continue.
Concerning the last 15 years, we have a robust bullish seasonality in Domino's Pizza. From the 24th of Feb until the 12th of May, only one year returned with a negative result in the given period.
All other technicals are somewhat bearish.
Others? I think that even when the economy collapses - people will still eat pizza (and order them ;) ).
So I'm positioned long in this stock. It's a speculative position - I don't know if the correction was big enough; otherwise, we will see 395 or even 355 USD prices before it goes up again.
AUDCAD - Possible Bullish continuationHello Traders
Here is a new BUY Scenario, this pair has need to recover before going bullish.
I will update this Idea next week !
Please be careful and manage your risk
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
LINK USDT BULL Continuation4 hr Chart
Target 22.00
Fib Extension 1.618 above the parrallel channel breakout
W Bottom continuation Bullish Diversion
CADJPY Long Opportunity Welcome back! Here's an analysis of this pair!
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 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.
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Brian & Kenya Horton, BK Forex Academy
