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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
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETSHey Everyone, Please see updated 4H chart setup and analysis. This chart has broken the first level of the support structure at 1760 with a gap left open to 1742. However, there is a EMA5 detachment left above on Marlet close on Friday at 1755, so market may go and challenge this on open and if this finds momentum, it can go for the bullish targets, leaving 1742 open. Should price challenge 1742 first, we will look for EMA5 to cross and lock below to confirm further movement down or a rejection here will see price head back up for the retest on last week's high. We will track the levels using EMA5 cross and lock zone to zone and level to level. BULLISH TARGETS 1755 1760 1777 1788 BEARISH TARGETS 1742 1731 EMA5 CROSS AND LOCK BELOW 1742 WILL OPEN THE SWING RANGE SWING RANGE 1707 As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
8
GoldViewFX - DAILY CHART LONG TERM GOLD OUTLOOKHey Everyone, Update on our DAILY chart long term setup. Still playing out, as projected. We are currently seeing some correctional retracement with a gap still open to 1740 - 1727 ZONE. Once price finds support again, we expect another push up for MA200 touch. We will be tracking and trading the movement level to level on the lower time frames but keeping in mind the potential of a similar long-term breakout like May 2021. As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
6
GoldViewFX - WEEKLY CHART UPDATEHey Everyone, Please see our updated weekly chart analysis. This chart played out perfectly so far. We had the support challenge at support structure 3 weeks ago followed with a nice push up just like we analysed with a perfect HIT at 1787 level. We are now seeing a rejection here, as we also have a EMA5 detachment below just above 1710, also in line with the swing range on our smaller time frame analysis. Although the detachment is below it can magnetise halfway before heading back up, as this area of resistance that price has challenged; historically always tested more than once and then eventually broken to the upside, otherwise followed with huge drop down, which we currently can't see. This is our long-term view, so we will keep this in mind while tracking and trading the movement level to level on the shorter timeframes. As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
4
Triangle Setup - Falling Wedge or Bear Pennant ?We cant call it a Falling wedge because it's not exactly making lower lows, it has more equal lows. And we cant call it a bearish pennant also because we need lower highs to make it a bearish pennant. Both it satisfies the higher lows necessary to qualify it for both a Falling wedge & Bearish pennant. I guess we're just somewhere in the middle. We still have our trade opportunity regardless. I was given access new premium indicator, it gives buy & sell signals as you can see here. Additional confluence I used to enter the trade was 1.Price had fallen below VAL of the volume profile 2. Bullish order block and 1HR support area - Been tested atleast twice, i usually prefer 1st retest of a block but RR is very good and we're seeing small bounce already. 3. Higher time frame is in an uptrend so we are in line with overall trend TP is at POC of the volume profile of the triangle. Will take TP1 and watch to see if we brake the triangle (like a falling wedged is supposed to). If a break above the triangle holds, It will greatly increases the chance we will Gap up through the huge hole in the volume profile to the next rotation above. Price moves fast and volatile through gaps and in many cases might do it in a single candle, so it will be a juicy trade if you get in before the move.
Long
by ExoProtocol
💵British Pound/Canadian Dollar 💵 Analyze (11/18/2022)!!!It seems The British Pound/Canadian Dollar completed its wave 5 on the resistance zone & resistance line. I expect The British Pound/Canadian Dollar will go down at least to the end of wave 4 after breaking the trend line. 🔅British Pound/Canadian Dollar ( GBPCAD ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
💵U.S.Dollar/Japanese Yen 💵Analyze (10/21/2022)!!!U.S.Dollar/Japanese Yen moved as I expected 👇✅. PRZ (Price Reversal Zone) worked very well. It seems, U.S.Dollar/Japanese Yen completed main wave 3, and now it is on the road to making the main wave 4. I showed you the next target for U.S.Dollar/Japanese Yen in my chart. 🔅U.S.Dollar/Japanese Yen Analyze ( USDJPY ) Timeframe 2D⏰ Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
4
💵Euro/Swiss Franc 💵(Short term,11/01/2022)!!!Euro/Swiss Franc completed wave A in the resistance zone and is now on the way to completing wave B. The end of wave B can be 50%-61.8% of wave A (in this case). 🔅Euro/Swiss Franc (EURCHF) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
2
GBPUSD back down to pervious lows???We can see price has been decreasing this past year forming lower lows and lower highs. Price is now testing back in the range of 1.22905 and 1.20120. If price proves it can stay below 1.22905, we could see possible bearish movement back down to 1.03545. How will this trade be invalidated? If price moves past 1.22905, price will become bullish overall and at that point will have reversed. Thank you for reading my quick analysis. Follow for more analysis😁 Don't forget to like and comment. It's very much appreciated.
Short
by ShaquanLopez
5