EURUSD-Weekly Market Analysis-Jul21,Wk2For counter-trend traders who are looking for buying opportunities, you can wait for buying opportunities at 1.1848-1.1838. As long as the candle didn't break and close below 1.1838 you can consider an aggressive buying opportunity.
My student is waiting for a shorting opportunity, you can check out his link at the bottom.
Countertrend
USDJPY - How high can you go?Recently a question was asked, "How high can USDJPY goes?" Well, from the chart I'm seeing 113.07. That means, based on the daily chart, I will only be looking for shorting opportunities when USDJPY reach 113.07.
That doesn't mean you should buy and exit at 113.07, unless you have a trading strategy that you have tested a hundred times and give you your desirable results.
Tempted to short USD, but...Any counter-trend trader and the active trader will be tempted to short this candle formation. However, a matured trader will hold his horses and check if there's any upcoming Economic Data Release. You will see that there's one that's going to happen in less than 45mins time.
Remember, you are a trader, not a gambler.
USDJPY-Weekly Market Analysis-Jul21,Wk1If you are worried about the Bearish Gartley Pattern(you can check the link at the bottom within my tradingview profile) for violated on the 4-hourly chart, worry not. Do remember that the Bearish Deep Gartley Pattern formed on the Daily timeframe and base on the 1-hourly chart, we have shorted the Bearish Shark Pattern. As long as the candle didn't break and close above the trendline(Profit Trendline) on the 1-hourly chart, you are pretty safe.
TESLA SHORT intraday fibonacci trading $TSLAIntraday trend likely UP
We can take SELL positions at these fibo levels :
N1: 657
N2: 674
N3: 701
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (738)
TP could be @ Fibo level 0 (630)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
BTCUSD LONG Fibonacci extensions for intraday trading $BTCUSDThese are the Fibonacci retracements I am watching for BTCUSD today :
N1: 32592
N2: 31820
N3: 30753
Current intraday trend likely DOWN
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 5.618 (29504)
TP could be @ Fibo level 0 (33659)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
GBPUSD LONG Fibonacci extensions for intraday trading $GBPUSDThese are the Fibonacci extensions I am watching for GBPUSD today :
N1: 1.3951
N2: 1.3941
N3: 1.3925
Current intraday trend likely DOWN
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (1.3902)
TP could be @ Fibo level 0 (1.3968)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
EURUSD LONG Fibonacci extensions for intraday trading $EURUSDThese are the Fibonacci extensions I am watching for EURUSD today :
N1: 1.1915
N2: 1.1906
Current intraday trend likely DOWN
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 5.618 (1.1895)
TP could be @ Fibo level 0 (1.1933)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
TESLA SHORT intraday fibonacci trading $TSLAIntraday trend likely UP
We can take SELL positions at these fibo levels :
N1: 628
N2: 636
N3: 649
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (666)
TP could be @ Fibo level 0 (615)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
BTCUSD SHORT for today - Best Win Rate on TradingView $BTCUSDThese are the HIGH PROBABILITY OF PROFIT trade ideas for BTCUSD intraday trading for today :
SELL@
N1: 34197
N2: 35534
Current intraday trend likely UP
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 5.618 (37098)
TP could be @ Fibo level 0 (31666)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
GBPUSD LONG for today - Best Win Rate on TradingView $GBPUSDThese are the HIGH PROBABILITY OF PROFIT trade ideas for GBPUSD intraday trading for today :
BUY@
N1: 1.3923
N2: 1.3905
N3: 1.3880
Current intraday trend likely DOWN
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 5.618 (1.3850)
TP could be @ Fibo level 0 (1.3953)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
EURUSD LONG for today - Best Win Rate on TradingView $EURUSDThese are the HIGH PROBABILITY OF PROFIT trade ideas for EURUSD intraday trading for today :
BUY@
N1: 1.1923
N2: 1.1914
Current intraday trend likely DOWN
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 5.618 (1.1904)
TP could be @ Fibo level 0 (1.1940)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
DXY BEARISH CONTINUATIONDXY Analysis
Currently in a bullish countertrend in lower timeframe. Taking advantage of DXY correlation with the Major pairs.
Mitigated off 1 Hour inst. move to keep going lower. Expecting a retracement around the 78.6% - 88.6% fib area, liquidity area, imbalance in the market highlighted purple and following bearish countertrend structure. Taking it low to fill imbalance in the 4H highlighted zone.
Will be taking Short opportunities until we get a Break of Structure within the 30m minimum or 1H timeframe.
TESLA SHORT intraday fibonacci trading $TSLAIntraday trend likely UP
We can take SELL positions at these fibo levels :
N1: 631
N2: 645
N3: 667
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (698)
TP could be @ Fibo level 0 (608)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
BTCUSD SHORT Fibonacci extensions for intraday trading $BTCUSDThese are the Fibonacci retracements I am watching for BTCUSD today :
N1: 33024
N2: 34012
Current intraday trend likely UP
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 5.618 (35168)
TP could be @ Fibo level 0 (31153)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
GBPUSD LONG Fibonacci extensions for intraday trading $GBPUSDThese are the Fibonacci extensions I am watching for GBPUSD today :
N1: 1.3908
N2: 1.3898
N3: 1.3881
Current intraday trend likely DOWN
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (1.3858)
TP could be @ Fibo level 0 (1.3925)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
EURUSD SHORT Fibonacci extensions for intraday trading $EURUSDThese are the Fibonacci extensions I am watching for EURUSD today :
N1: 1.1914
N2: 1.1923
N3: 1.1937
Current intraday trend likely UP
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (1.1956)
TP could be @ Fibo level 0 (1.1900)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
TESLA SHORT intraday fibonacci trading $TSLAIntraday trend likely UP
We can take SELL positions at these fibo levels :
N1: 628
N2: 638
N3: 655
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (678)
TP could be @ Fibo level 0 (611)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
BTCUSD LONG Fibonacci extensions for intraday trading $BTCUSDThese are the Fibonacci retracements I am watching for BTCUSD today :
N1: 34333
N2: 33576
Current intraday trend likely DOWN
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 5.618 (32690)
TP could be @ Fibo level 0 (35765)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
GBPUSD LONG Fibonacci extensions for intraday trading $GBPUSDThese are the Fibonacci extensions I am watching for GBPUSD today :
N1: 1.3788
N2: 1.3767
Current intraday trend likely DOWN
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 5.618 (1.3742)
TP could be @ Fibo level 0 (1.3829)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
EURUSD LONG Fibonacci extensions for intraday trading $EURUSDThese are the Fibonacci extensions I am watching for EURUSD today :
N1: 1.1852
N2: 1.1839
Current intraday trend likely DOWN
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 5.618 (1.1825)
TP could be @ Fibo level 0 (1.1876)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
USDJPY-Weekly Market Analysis-Jun21,Wk4A Bearish Deep Gartley Pattern has formed, for those who had missed the trade, don't stress up. It is possible that the market can retrace 37pips in the coming Monday for a second chance entry.
A break and a close below 109.93 increase the strength of the bearish movement, hence, the winning rate for traders who had engaged in this counter-trend trading opportunity.
This time, my student has a different view as mine, give him a like if you share the same view as he does.
TESLA SHORT intraday fibonacci trading $TSLAIntraday trend likely UP
We can take SELL positions at these fibo levels :
N1: 621
N2: 633
N3: 654
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (682)
TP could be @ Fibo level 0 (601)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL