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NZDCHF: BEARISH Market Analysis! Watching for REVERSALHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the NZDCHF, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In higher timeframe , the market has been following a strong bearish impulse, currently in correcting movement, took out the previous swing with a nice possibility to see a market reversal. In lower time frame many bearish confluences make us confident to be waiting for a good entry price. The market broke the first LTF structure and we would definitely try to take this opportunity! When, where and why would we step into the market? This a typical formation of the M pattern, usually a reversal formation. Considering the overall bearish bias, we will be looking only for short position if further price action will form during the upcoming sessions. Our first target would be the bottom of the structure and so on, lower swing if the momentum will be strong enough. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
21
EURCHF: BEARISH Market Analysis! Looking for CONTINUATION!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the EURCHF, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: After the formation of the M pattern and breakout to the downside, the market started initially pushing down, without going so far from the swing, and since the beginning of November it has been consolidating much of the time inside a wedge formation. When, where and why would we step into the market? Overall, this market looks bearish because not really able to continue the upward movement as previously expected. However, before entering short we would see a sharp breakout of the current structure, considering the random volatility inside the consolidation area, we would get stop out many times trying to chase to down move. In the scenario of market continuation to the upside, no action will be taken on here. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
22
CHFJPY: BEARISH Market Analysis! Waiting for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the CHFJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: Market on top of its previous swing high, in higher time frame it double bottomed on it moving inside a rising wedge formation, in this context usually a reversal scenario. In lower time frame, in October the market left the wedge, still correcting above the swing for a while and recently we could see the expected reversal sharp impulse breaking the main structure. When, where and why would we step into the market? Overall, considering the downward impulse, our Bias is quite bearish and we would be looking only for short positions. The market dropped for more the 500 pip, and started correcting just few session ago. A deeper correction is needed and once it will be completed, we will be looking for a great entry price and RR if the opportunity will be confirmed. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
14
USDCAD: BEARISH Market Analysis! Watching for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the USDCAD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: The structure slightly changed since the last forecast, but still looks like bearish. In HTF the market is moving inside a great descending channel, reached the top and sharply reversed , potentially continuing the first bearish impulsive move. In lower timeframe, a corrective structure, double top and and reversal impulse inside, could be clues enough to confirm the next movement. When, where and why would we step into the market? Considering the overall momentum still bearish, we will be looking only for sell positions, if the market will be able to breakout the corrective structure and “breath’, confirming our entry. However, the market could false breakout and retrace back inside, in that situation no action will be taken. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
32
CADJPY: BULLISH Market Analysis! Watching for REVERSALHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the CADJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: The market approached on the previous swing low, double bottoming, correcting and losing momentum inside a falling wedge, usually a reversal pattern, especially during market conditions like this. In lower time frame as well, we can see few confluences confirming our bias, patterns within patterns and a sharp impulse of almost 200 pip breaking the structures to the upside. When, where and why would we step into the market? Considering the high probability to see a reversal scenario, counting the weakness of the market and bullish confluences, we will be looking for a potential long position if the market will confirm the next movement developing a correction for its previous bullish impulse. However, as always, we don’t exclude the possibility to see the price going deeper and lower, in that case, we won’t take any position until a clear price action in favor with our bias. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Long
by Cybernetics_tl
15
EURGBP: BULLISH Market Analysis! Watching for REVERSE!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the EURGBP, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In higher timeframe the market formed an interesting correcting structure and it looks having no strong momentum to proceeding the downside move as we were previous forecasted. In lower timeframe, few confluences are confirming our reversal bias, double top and descending channel, in this specific scenario, usually leads to a market reverse or evolving structure. When, where and why would we step into the market? Considering the current weak momentum, we can expect some move to the upside, room enough to move (more than 200 pip) will be enough to enter long and potentially capitalise on here. We will be looking for a long position if the market will break the LTF structure to the upside, targeting the top of the HTF structure and/or the next swing, and depending how sharp it will move, the RR will slightly change. However, in the scenario of market continuation to the downside, the trade idea will be invalidated and no action will be taken on this market. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Long
by Cybernetics_tl
10
GOLD: BULLISH Market Analysis! Watching for CONTINUATION!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the XAUUSD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: The price recently broke a falling wedge to the upside, and considering the overall market condition, a further bullish movement is expected. Currently, we can see the market still correcting, another leg down is definitely possible before to get our first setup. When, where and why would we step into the market? The price action at the moment looks quite bullish, so we will be looking only for buy positions, if the corrective structure will be confirmed by breakout and further price action we will definitely enter this market, targeting the next swing level at 1800. In the scenario of market reversal or the price just dropping without confirming our bias, no action will be taken on here. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
OANDA:XAUUSDLong
by Cybernetics_tl
20
USDJPY: BEARISH Market Analysis! Watching for CONTINTUATION!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the USDJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In HTF, after a long uptrend inside a wedge, the market finally broke the structure to the downside, starting its bearish impulsive phase. At that time, we were waiting for a LTF correction, to proceed the downward movement, and that’s exactly what the market performed. However, in LTF, the market looks evolving the structure and it may be not ready yet to the complete its second impulsive phase. As you can see on the chart, the retracement is started and we can’t predict where and/or when is gonna finish. When, where and why would we step into the market? The overall bias looks still very bearish, and we will be looking for a short position if the market will form further continuation or potentially retest the swing high for a bigger structure, trying to enter the market during the reversal formation if confirmations will be formed. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
25
CADJPY: BEARISH Market Analysis! Watching for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the CADJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: Since a while, this market has been moving and rising up inside a big corrective structure, but enable to break the high of September, it gave us a clue of losing of momentum, confirmed in lower time frame by the formation of an expanding structure broke to the downside. The impulsive phase looks started already, breaking the main HTF corrective structure and currently consolidating, eventually for the next impulsive phase. When, where and why would we step into the market? The general bias for JPY pairs, is still quite bearish according with our view, then we will be looking only for short positions. The market reached the bottom of the structure and if the further breakout and continuation will be confirmed, we will definitely enter CADJPY, targeting the next level at about 102.500. However, we don’t exclude the possibility of reverse, so with no confirmation, no entry.
Just another little tips, CAD news on the calendar, so be carefully If you are entering this market! If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
24
USDCAD: BEARISH Market Analysis! Watching for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the USDCAD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In higher time frame the market reached and interesting level, double topping and reversing, forming a potential head and shoulders. The market then proceeded breaking the neckline and starting dropping down, confirming the beginning of the impulsive phase. In lower time frame, since the half of November, the market has been consolidating creating a potential corrective structure, with a good possibility to continue its previous downtrend, targeting at least the bottom of the LTF structure. When, where and why would we step into the market? Considering the overall bearish momentum, we will be looking to short this market in the scenario it will breakout the structure to the downside, correcting for a further down move. However, no trade is guaranteed and the market could proceed to the upside invalidating out trade setup, forming eventually a deeper structure or a reversal pattern. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
15
GBPCHF: BEARISH Market Analysis! Watching for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the GBPCHF, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: The market is still correcting below the HTF double top, and looks like forming a M pattern as a continuation of its previous bearish movement after it broke the rising wedge at the beginning of November. Considering the sharp movement started from the current level, the possibility to get seller pressure is high and we would be looking for a short entry, targeting its previous swing low, at about 1.10500. When, where and why would we step into the market? The overall momentum is still bearish, and we don’t see at the moment any sign of reversal, yet. However, the market is still correcting and it has just left the frontside market movement. In the scenario of breakout and further correction, we will definitely try to take advantage of it, entering short if the RR will be 1:3 or greater. With no breakout and bullish continuation, no action will be taken. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
17
AUDUSD: BULLISH Market Analysis! Watching for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the AUDUSD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In high time frame, the market has been moving since a while inside a big corrective structure, forming many patterns within patterns. At the end of October, it broke the LTF descending channel, pumping up with a strong impulsive upward move. The price is currently at the top of the HTF structure, correcting, most probably to prepare for the next further bullish movement. When, where and why would we step into the market? Considering the overall still bullish momentum, we will be looking to enter long if we get the right confirmation, a breakout of the LTF flag with a further correction will be enough to enter this market, targeting the next swing high at about 0.69000. However, the correction could spend more time before be completed, so without a clear breakout, no action will be taken on this market. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Long
by Cybernetics_tl
11
NZDJPY: BEARISH Market Analysis! Looking for REVERSEHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the NZDJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: This market has been correcting since a while, bouncing on an important HTF level and leaving impulsively a LTF structure (rising wedge). Eventually, it was not able to form a further bearish price action and it started consolidating creating a deeper flag, which is still a potential bearish pattern considering the overall general momentum. When, where and why would we step into the market? Until the price will move inside the LTF flag, without taking out the previous swing high, our bias will stay quite bearish, according also with other JPY pairs. Before entering short on this market, we will be waiting and watching if the it will lose momentum around the resistance level and/or (for moderate traders), if it will be able to break down, and correct after the breakout . If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
16
EURJPY: an upcoming BEARISH CONTINUATION?Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the EURJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In HTF, the market reached and broke the previous swing high level, forming a series of LTF reversal structures which could be a sign of market reversal and shift of momentum from bullish to bearish. Overall, in LTF we can see a formation of a head and shoulder pattern and the price is currently correcting inside the right shoulder. When, where and why would we step into the market? In the scenario of breakout to the downside, there is a high probability to see further bearish continuation, targeting the level at around 141.00, about the previous swing low. The setup would be valid if the price broke impulsively and correct once out of the current corrective structure. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
22
GBPNZD: Watching for BEARISH Trend Continuation Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the GBPNZD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In HTF, the market recently broke the previous swing high, and at that time, considering the bullish momentum, many traders were looking for a buy position. However, as you can see on the chart, the market formed a head and shoulders pattern just above the resistance level, dropping sharply to the downside, a clear shift of momentum. Since a couple a weeks ago, this market as been consolidating and it may be ready soon for a trend continuation if the bearish momentum will stay intact! When, where and why would we step into the market? Considering the actual bearish momentum in HTF, we would only be looking for day/swing trading short positions, if market will confirm the end of the consolidation by a breakout and further continuation, targeting the next swing low at about 1.88000. In the scenario of breakout to the upside or no breakout at all, no action will be taken on here! If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
9
US30USD: Losing MOMENTUM after the CHANNEL'S BREAKOUTHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the US30, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: The market as been following a huge descending channel since a while, and just recently we could see a breakout to the upside. Considering the potential double top (which it hasn’t reached yet) and the correctively way it’s actually moving, there is a possibility that the breakout will fail and the price could come back inside the main structure. When, where and why would we step into the market? The price, in LTF is still moving to the upside, and we would wait the breakout of the double top, studying the price action in that specific zone. In the scenario of reversal impulse following by a breakout of the LTF rising wedge, we would definitely be looking for a short term short trade, following the potential momentum reversal.
Don’t forget that overall the impulse is still rising up, and the market after the current breakout, could just spend more time above the resistance marked on the chart, forming a bigger structure for further bullish movement.

Always study the price action, react on it without trying to chase the move! If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
OANDA:US30USDShort
by Cybernetics_tl
18
ETHUSD: Is the market preparing for the next BULLISH IMPULSE?Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the ETHUSD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In HTF the market bounced on a strong resistance level in July 2022, and since then we could see a strong bullish impulse phase. The market then, started a long correction, keeping anyway a bullish perspective. In LTF, the last bearish impulse broke into the resistance level, but quickly reversing back, clue of a potential false breakout. A new LTF bullish flag is currently forming, and it could lead to a potential further bullish movement. When, where and why would we step into the market? Before entering a long position on this market, we would get a confirmation by a breakout of the LTF structure, increasing the odds in our favour. Considering the overall bias, we are confident to see a great movement to the upside.

However, any breakout to the downside would invalidate the setup, and no action will be take on ETH. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
COINBASE:ETHUSDLong
by Cybernetics_tl
13
NAS100: Reaching the Top of the STRUCTUREHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the NAS100, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: Since November 2021, this market has been following a strong bearish momentum, moving inside a descending channel. At the beginning of October, it bounced on the level around 11000, trying to breaking it a couple times, forming at the same time a expanding structure, which it can be both continuation and reversal pattern, depending on where it breaks. Eventually, recently, the market sharply broke the structure to the upside, getting bullish momentum. Considering the top of the dynamic trendline close to the current price, we would not enter and hold any position, because the possibility to reverse are still quite high! When, where and why would we step into the market? Before planning a long position on this market, we will be waiting for a full breakout of the HTF structure, looking if there will be further bullish price action to confirm our overall bias. As you can see on the chart, we won’t be looking for a little LTF correction, but more a deeper and complex structure within structure to correct the current strong movement. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
OANDA:NAS100USDLong
by Cybernetics_tl
22
GBPJPY: Following the BEARISH MOMENTUMHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the GBPJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: After a quite long period of uptrend inside a rising wedge, the market broke the structure to the downside, starting a new bearish impulsive phase. As you can see on the chart, since the end of October, the market has been performing impulses and corrections to the downside, and considering the overall bearish momentum in most JPY pairs, we can still see the possibility of further continuation till is LTF swing low and so on till the bottom of the beginning of the rising wedge. When, where and why would we step into the market? It’s a market condition that we like and the structures are quite clear. Although we don’t see enough confluences to enter this market from the top of the LTF structure, as moderate traders, waiting the breakout and continuation will definitely limit your losses. 163.000 is our first target, only if all the conditions will be respected. In the scenario of reverse or breakout to the upside, this setup will be invalidated and no action will be taken on here. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
16
GBPCAD: Waiting for REVERSAL CLUES!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the GBPCAD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: At the end of October, the market double topped on an important swing, reversing impulsively for more than 600 pip. At that time, we were looking for a bearish correction, trying to targeting the low swing at about 1.5100. Eventually the market, before reaching that point, started correcting with a deeper structure and it has currently reached a minor swing high at 1.56800, which it could hold and reverse the market, completing the structure and potentially dropping to the downside. When, where and why would we step into the market? The second swing high of the LTF structure is not completed and confirmed yet, so more confluences are needed before thinking about a short position. However, if the market will reverse during the next few trading sessions, breaking the little structure within structure marked on the chart, a bearish movement till the level 1.5300 and 1.5100 (target 2 after more correction), is definitely a possible scenario. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
20
CADJPY: Breakout Structure, looking for BEARISH CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the CADJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: From march to November 2022, we could see the price clearly moving inside a big rising wedge, however, on a level a price which the probability to reverse was quite high. Finally the price broke the main structure to the downside and if it will form further bearish price action, will be very interesting to short this market, considering the big room till its next swing at 101.500. When, where and why would we step into the market? The price is just dropping at the moment, and we would not jump short in the middle of an impulsive phase. If during the upcoming days or weeks we will see a potentially bearish continuation, then it will confirm our thesis and we will update this idea with a better entry accuracy! If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
15
EURUSD: Big room to Retrace, however, we are still BULLISHHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the EURUSD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: Since November 2021, EURUSD has been moving clearly inside a descending channel, keeping this strong bearish momentum for a year! At the end of September, the price reached an important level at 0.97000, bouncing on it with an interesting price action. The price reversed, false breakout, sharp bullish impulse and proceeded breaking the main structure to the upside. 500 pip and more of long, the market currently reached a potential pivotal swing and the further price action will be essential to understand the next movement. Although we strongly believe in a bearish correction after a such a huge move, in long term perspective we see this market reaching its next swing at around 1.06000. When, where and why would we step into the market? Unless this market will clearly show bearish price action and no momentum to the upside, we will just be looking for long position. A consolidation is needed before the next movement, and we can see a retracement back to 1.0100 or 1.0000, before a potential continuation. At the moment, we will keep an eye on the future structure and no action will be taken! If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Long
by Cybernetics_tl
14
USDJPY: Market COLLAPSED, Looking for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the USDJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: Since August, this market has been moving inside a clear rising wedge, a strong uptrend which we hope nobody tried to countertrend!
End of October, we can see the market dropping, breaking the structure and coming back in, a clear false breakout, followed by a short period of consolidation where the formation of an expanding structure to the lower area of the rising wedge, started giving us the first clue of a potential move to the downside. The market as many other YPJ pairs dropped, for more than 800 pip and now we will be looking for a further price action to see a possibility to capitalise on the next impulsive phase. When, where and why would we step into the market? Definitely, jumping now into the market does not make any sense, the market could reverse hitting your SL. We will be patiently waiting for a correction, specifically a structure in line with the overall bias. Only when the confluences will satisfy our method criteria, we will place ourselves in the market, trying to manage our risk as better as we can! If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
23