Forex-trade
EUR/USD DIRECTION DETERMINATIONEUR/USD finally provided some momentum. Now i'm waiting for a good setup to enter the market.
I marked a supply zone above, for sells, and a demand area bellow, where i'd be looking for buys.
Prefered market direction is still SHORT, BUT we do see some bullish potential in this pullback. Is it already time for a TREND SHIFT? let's see!
Risk is managed no matter what happens!
*TRADE SAFE GUYS*,
T.
GBPUSD 1hA short trade
The price is filling the gap, downtrend, an order was placed on the one-hour supply area with 0.5% risk.
Why 0.5% risk? Because entry is risky, if you want to risk more, for example, about 1%, you should wait for the price to reach the supply area and observe the reaction of the price to the area and then enter after confirmation.
19/06/22 Gold 4h AnalysisGold has been in consolidation since 24th of May from it's last Peak Formation Low, indicating a market reset and the Market Makers are more Bearish than Bullish and that trend instead of continuing Bullish will be initiating another Bearish run, but this pair is pretty neutral so far, so we will be waiting next week to see what's popping but from my general analysis I suspect Gold to go Bearish this upcoming week, for Gold has made pins to the Mayo (200ema) and just after that on the 4h it made a Lower High of which is a Bearish movement.
If price breaks the 1850.000 zone and breaks the 200ema we can suspect it isn't a market reset and price will continue Bullish as Market Movement should, and if Market price breaks through the 1830.000 zone we will continue Bearish to the 1800.000 zone and create a new Peak Formation Low from there.
10/06/22 EurUsd 1h AnalysisEurUsd created a peak formation Low and has played out a multi-session W pattern with heavy divergence on the TDI. Market price has now shifted from Bearish to Bullish and price rose from Peak Formation to Level 1 and did its first Stop hunt low to the 50ema on Friday which also coincides with the 1.05000 zone. Meaning this pair could either drop to the 1.03500 zone to create a 22 trade (2nd leg on the 2nd leg) or price action will follow the regular market movement and continue with its Bullish cycle. On Forex Factory there is news for Monday that will be good for the Eur currency.
19/06/22 UsdCad 1h AnalysisUsdCad has been extremely Bullish for the entire week and price even surpassed the 1.29750 zone, while price surpassed the 1.29750 zone and rose all the way to the 1.30500 zone, it has also surpassed the x1 Average Daily Range, meaning it is busy creating the Peak Formation High, the ADR for UsdCad is 105 pips and on Friday it was 110 pips, exceeding the ADR. We are now expecting the price to create a Bearish structure whether it be a Head 'n Shoulders or a Multi-Session M which could play out over a few days. Suspect price to create a Lower-High on the 2nd leg on the Multi-M.
GBP-USD idea! 💡💬
Hi traders.
I use the supply-demand method for my analysis.
Check the lower timeframes for confirmation and entry. (5m,1m)
💬
What do you think about this setup?
💬
Everything I share is how I trade personally. 😉
Enter the trade by checking yourself.☑️
Do not put more than 3% of your capital at risk! ❌
14/06/22 UsdCad Analysis 4hUsdCad is creating a Peak Formation High, 3 swipes to the high on 1h creating Peak Formation structure, wait throughout the week for structure to confirm and price just surpasses 1.29000 and is still very Bullish, must also wait and see if price breaks the 1.29750.
DXY is extremely Bullish on the D, DXY is the USD strength meaning any USDXXX pairs with be Bullish and any XXXUSD pairs will be Bearish.
This pair's Bullish run is coming to an end this week, just have to wait and see what price does around the 1.29750 zone and the 1.30500 zone, only then will we be able to wait for confirmation.
14/06/22 CadChf AnalysisCadChf has made a Peak formation High back on 08/06 ending the Bullish run, it has dropped down to the 0.77000 zone creating the first level of drop and has dropped a monstrous Bearish candle on the 4h, now creating the new low for level 2, we will be waiting for a StopHunt High to the 50 ema and wait for entry conformation with maybe some consolidation. Expected drop to go down to the 0.76500 level or the 0.75500 level.
14/06/22 Gold analysisGold has made a peak formation low back in 16/05 and has been consolidating since then going up and down, Gold now has made a monstrous Bearish drop to grab sell orders of the retail traders and is now consolidating around the 1830.00 zone, price is expected to do a immanent reversal soon and will continue on it's Bullish run for the Bearish is just just a fake out, Fast Moves = False trend.
Gold will then continue climbing it's levels until it reaches Peak Formation High.
AUDUSD SHORT TRADEPAIR: AUDUSD
A short trade was taken from 0.71780 with TP1 (0.71580), 20 pips already archived. The target here is 100 pips with 40 pips SL. Partials already taken with breakeven done. A risk free trade now. A trendline on the H1 time frame was broken with price moving back to that broken area. This informed my short trade on this pair.
Let me know your thoughts in the comment box below. Don't forget to hit the like button and follow if you want to see more of these
Have a good trading day
NZD/USD Outlook (5 April 2022) Overall, NZD/USD have been trending upwards. With recent upside move above the 0.69500 resistance zone.
NZD/USD is approaching the key level of 0.70. Look for short-term buying opportunities of NZD/USD if price closes above 0.70. Its next support zone is at 0.6950 and the next resistance zone is at 0.7100.