YEN BASKET ANALYSIS FOR NEXT WEEKon friday market tanked down because of of nfp and also because of technicals (market was already bearish for 2 weeks) so upcoming week there'll be a slow of momentum resulting in a corrective move (retest of broken trendline) then market will continue in overall direction and i'll be looking for price to reach my take profit level as it was a support level in the past
Faith
US30 SELL ANALYSIS market has been consolidating for the past 11 hours right after it implused, tanked down so i'll be looking for the market to reach my upward trendline .
XAUUSD Potential Trend continuation Sell setup GOLD has been in a overall down trend judging from the lower highs it has created consistently till the trendline is broken no other set-up should be considered besides sells.
1.Market has successfully kept downward trendline as resistance.
2.Yesterday market yet again kept below resistance
Tell me what you think
US30 Short-term set-up Expecting the market to break trendline for the shorterm
1.Create a new Higher High
2.Higher Lower
3.Reject Structures
Let me know what you think
US30 SELL upward corrective move currently looking like its going to break and respected the downward trendline so high possibility of a sell
Swing trade opportunity on EURUSDWe have clearly had a surge of downside movement in the last two weeks
Now what's occurring currently
1.Market is respect a weekly strong Upward trendline
2.It is not breaking below in lower timeframes
3.Last 24 hours we have seen cluster of candlesticks on the hourly charts
Hey Tell me what you think about your opinion will be highly appreciated
GBPUSD Trendline RetestWell as simple as I can say is we in a uptrend and what do you look for in a uptrend BUYS
So we have:
-Strong Upward Trendline
-D1 and H4 held trendline for some days
-We had a cluster of Candlesticks in which we ended up getting a bullish engulf up then right now failing to close below.
-Making Higher lows
Enter at your own risk
Do re analyze conclude from there
JPY Market insightThe higher Timeframes tell us we Long term Downtrend however we have seen less intent of movement to the downside.
Things to Consider before a Trend change:
1.Break of previous Lower high .
2.Create new Higher highs x2 or move
3.Reject Broken key levels.
Till then we should be considering selling on the Long-Run
EURUSD Insight before NFPNon farm payrolls coming up all technical and fundamentals to be put to the test today let's go traders bring it home.
Well from the weekly up to our lower time frames the EURUSD is in a clear UPTREND we should be looking for buys only now.
Confluences
1.Market on the 4h time frame has been consistently Breaking structures.
2.Market has been and should continue to create more higher highs and higher lows.
3.Our last intent movement was to the upside
4.The market has been slow at retracing to the downside
All that's left is to wait and see
N.B This is not a signal it's a overview be sure to confirm through your back tested strategy before executing any orders
GBPUSD Sell set-up forming. Nice potential swing trade 90Pips+This set-up shaping up so good .
We noticed that we have been in a down trend Monday we had a push up phase however I noticed on the chart there has been a loss of intent to the upside furthermore with the dollar weekly chart signalling upside movement it is clear to see why this is stalling at resistance point.
Confluences so far
Lower highs and lower lows are being created
We not breaking structures
More to be concluded on New York session