LONG on GBPAUD!!I shared with you before, my entry Long on GBPAUD for longterm but it was late for you guys to join me on the trade, and i promised you to share with you a new entry to take the ride with me and get some profits, and today im giving you an entry to go Long on GBPAUD as i said before. Enjoy!
Forex_signals
AUDUSD| Two possible scenarios for today ahead of CPI dataAUDUSD| Two possible scenarios for today ahead of CPI data
I am looking at AUDUSD during these days and in my personal opinion
it is getting very complex.
The first problem is that we are facing the low liquidity that is related to the actual season now.
The second problem is that the market was focused on CPI data and the price is creating a very ugly pattern.
In the first scenario, the price is showing a triangle pattern that can push the price
higher from where it is now.
This scenario has higher changes in my opinion.
In the second scenario, the price can make any strange movement after CPI data and any price
decrease below 0.6870 can move it lower.
So just be careful as both are not so clear.
Thank you and Good Luck!
Waiting for a GOOD SHORT ENTRY on USDCADas you see, USDCAD was on a huge retest and now his structure had been completed. An important level had been breached which is the on of 1.28208 and we got a retest in the 30.20% of Fibonacci Retracement, so we should wait for the breackout of the level 1.27695 and a pullback on it to get a high quality entry trigger and go Short to around 1.20152. GOOD LUCK!!
UPDATE in SETUP FOR EURAUD !!The level that should be broken to go Long on EURAUD had been changed, its the 1.46194 now and its already broken, so now we should wait for retest that shouldnt break the 38.20% of Fibonacci retracement and should in the form of a regular flag, expanding flag, running flag or contracting flag, then seeing some additional extra confirmation to spot the entry trigger and have a good setup and postion for a trade with +80% win rate. Follow me to stay in touch with any update and take the ride with me! Tell me what do you think about making a youtube channel where i'll post videos analazing the full charts so you can understande well.
Still in Profits on EURCAD!Im sharing with you one of my Long term trades which still in profits and with a hight possibility to go around 1.22029. It'll be some other entry triggers to ride on this trade with me but until now, i dont see any confirmations. So we have to wait and once i'll see enough confirmations and spot the entry trigger, i'll share it with you, so follow me to stay in touch and tell me what do you think about making a youtube channel where i'll post videos analazing the full charts so you can understande well.
Preparing for going LONG on EURAUD!As you see, EURAUD is in a retest in 15 minutes TF, so we want to enter Long but after seeing some powerful confirmations such as breacking the level of 1.46454 and the price should make a retest that dont breack the 38.20% of fibonaccin retracement, and after some little confirmations to spot the entry trigger, we can enter LONG on EURAUD to around 1.48036. Dont worry, once i will see all of this confirmation, i'll share with you the entry trigger to enter the position, so Follow me to stay in touch and tell me what do you think about making a youtube channel where i'll post videos analazing the full charts so you can understande well.
LONG on GBPCAD!!We got already some powerful confirmations and i entered Long on GBPCAD 5 days ago and now guy you have another chance to go long again on GBPCAD to around 1.58416 because we are in a retest bigger than the previous one and after the end of this retest we will gor around 1.58416 and the go down again to 1.53520. Dont worry guys, when i will get the confirmations for the SHORT Position, i will share it with you, So if you want to stay in touch, Follow me on my Tradinview account.
PROFITS TAKEN on EURJPY!!As you see my friends, this is a position that i took before starting sharing my analysis and positions with you, i just want to show the win rate of my analysis and i will share with all my next positions and analysis, so if you want to stay in touch, Follow me please on my Tradingview account.
Still in SHORT position in GBPAUD for a long term As you can see see. I entered short in GBPAUD since february and i still in profits. As you can see, GBPAUD is in retest now and will continue going down after to around 1.59138 and there will be another chance to enter SHORT again after this retes. Dont worry, i will post the entry trigger when its shown with confirmations and you can enter too in this profitable position, so follow me to stay in touch with any news!
EURCAD 2H LOOKSeveral important price structure has been printed so far on the EURCAD. Lots of trades taken with some profits and losses. But if asked where is priced headed next, do you thin there is enough structure printed yet for directional bias and a trade execution?
Judging from the daily perspective, there's every reason that the bearishness could still continue since there is no indication of higher highs yet. However lower timeframes have shown some signs of bullish move but there is yet no confirmation for this.
Fundamental analysis could say a thing or two due to recent news release and recent events but sticking to charts, there are still further structures to be broken for a bullish sentiment to hold else the original bearish trend could still hold
A break of 1.31420 signals a possible bullish market for a 2H range trader whereas aa break of 1.32931 could signal a daily possible bull moves.
Reach out on the comment sections on your analysis on this to throw more light...
GBPJPY 1hr chart UPDATE 7/23/22We have GBPJPY on the 1hr chart we have a break of structure (BOS) around the level of 164.752 making it a great for us to have the supply area around the level of 165.100 since that's from the red candlestick broke the structure. Meaning we clearly see a zone that hasn't been retested.
For the support I took in consideration the point where we see it gets rejected which would be around the level 163.00. We ended the week with an engulfing green candlestick that closed at the level of163.400.
I personally like setting my SL right under that lowest wick giving it enough space just in case it wants to pick up more orders from the lower level. On this trade I will be looking for a 2.5 risk/reward, I will be looking for around 1400 pips which is all the way until the supply area and for my SL I have it at 500 pips just around the lowest wick.
And just as another indicator we also have the MACD which is telling us the sellers are losing momentum confirming us that we have the buy opportunity.
USDJPY 7/22/22 UpdateWe have USDJPY on daily chart that has been on a uptrend for a very long time and now it's looking like it reached its high level around the 139.400 and it's giving us the sign of a possible reversal coming up for the week.
There is the uptrend trendline it's been respecting, and it looks like we will be breaking the trendline indicating a huge sign of the sell opportunity coming up around the level of 134.700.
We can expect the breakout of the trendline and then a little pull back just to retest the support level I marked to see if it's strong enough to go back in the trendline making it a false breakout or simply just to pick up more orders around the support area and conform we have a big sell coming up.
I would highly recommend waiting until we see the pushback to the support area just to get that extra confirmation that in fact, we have the sell.