Intraday Short setup USDCHFHey there,
Possible intraday short setup.
After USDCHF hit key resistance at 0.97972, began to look into the 1hr and a chart Head & Shoulder pattern is forming mark by the red arrows. *Please note this pattern is only confirmed when it breaks the neckline and fails on re-test.* Therefore keep an eye through a price alert on the neckline area price.
Another key notes price broke the short term trend line and the 40 EMA along with the support structure which has failed to break through since. Short term downtrend marked on chart.
Entry at 0.97118
SL at 0.97430
TP at 0.96367
Thanks.
Forex-pips
GBPJPY Could give us +600 PIPS!Hello, traders.
As we can see, the value is in a range, so we need to wait about what the value could decide, if GJ breaks this range, we will wait the retest in the structure to make the best entry after the confirmation of longs, we also have an inverted HSH, but if we have a range the Price action pass into a second plane so the HSH will only give to us our TP and helps us to put the SL.
Be focused in this value because it could give to us a really good entry!
GBPUSD and the long entryHello, traders.
GBPUSD needs a fake out in the simetric triangle before the big fall so we will be attent in the zone marked with a blue circle to have the confirmation and make the best entry in the value, good luck with your operations traders and care with the volatility!
EURJPY, Can we go shorts?The value is following our prediction, We need to be careful with our operation this days because there are a lot of news and we need to be focused in all of them. Returning to the graphic, we need the fall to broke the LL level and continue the structure the value is making.
GBPJPY entry of the month?As we can see, GBPUSD is in a really interesting moment, we need to wait for the accumulation of the value but when this accumulation finishes, we can go in and catch a operation between 400 and 700 pips! So FOCUS in this value because it could be one of the best entries of the month! (last month best operation was of 955 pips in XAUUSD) I will be updating this value to help everyone to get the best operation, DM me for any doubt.
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EURJPY, Point 3 in the downtrend and the accumulation.As you can see, the value is now in an accumulation zone, we are looking for more confirmations to the entry in the value, we've had the first one with the bearish engulfing candle, the second one with the Point 3 in the downtrend and the value could give us now the third confluence to enter in the best moment in the value, be focused to find it and enjoy the pips!
EURCAD Peace and PIPS!Pay attention to this value, is now giving us a short entry to retest the downtrend and to arrive to the 38% of fibo after the big rise, we need to be focused with the accumulation in the monthly before the entry so wait the confirmation.
For more ANALYSIS and updates, FOLLOW me.
EURNZD Strong SELLAfter the big rise, the value needs a retest before continue increasing, so we expect this fall arrive at least to the KL with the possibility that the value do a retest in the downtrend to climb stronger, be focused in this value because the entry could be very interesting and in not too much !!
GOLD BUYS POTENTIAL 50-500 PIPSGold has obviously been grabbing liquidity all week and making people believe it is time to sell. Not yet buddy.
Looking for a good re entry around this zone level. Yesterday was able to catch almost 100 pips and got out.
Gold has also been moving 100s of pips this week in both directions which is an indication that there is indecision but more importantly that Banks would like to keep Gold in the 1600s.
This is a scalp, intraday and long term swing idea.