MarketBreakdown | GBPUSD, USDCHF, EURAUD, US100
Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #GBPUSD daily time frame 🇬🇧🇺🇸
The market keeps correcting on a daily time frame after the pair updated the high.
The price is steadily falling within a bullish flag pattern.
I think that a bullish breakout of the resistance of the flag
and a daily candle close above that can be a strong bullish trend-following signal.
2️⃣ #USDCHF daily time frame 🇺🇸🇨🇭
The market keeps recovering after a massive selloff.
The closest resistance that I see on a daily is the confluence zone
based on a recently broken horizontal support and a falling trend line.
I will look for shorting opportunities from there
3️⃣ #EURAUD daily time frame 🇪🇺🇦🇺
The price successfully violated a major rising trend line and closed
below that on a daily.
I think that the market has a nice potential to keep going lower.
4️⃣ NASDAQ INDEX #US100 daily time frame
The index is trading in a minor bearish trend on a daily.
We see a local correctional movement at the moment.
I see a strong supply area ahead.
It is based on a key horizontal resistance and a falling trend line.
I think that we can expect a retracement from that area.
Alternatively, its bullish breakout will be a strong bullish signal.
Do you agree with my market breakdown?
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Forextrader
AUD/NZD Short, GBP/CHF Short, EUR/JPY Short and GBP/JPY ShortAUD/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/CHF Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USDJPY: Important Supply Zone Ahead 🇺🇸🇯🇵
With a recent selloff, USDJPY violated 2 significant structures:
a major rising trend line and a key horizontal support on a daily.
The broken structures compose an expanding supply zone now.
I think that the market can initiate a bearish movement from that.
With a high probability, a fall will continue and the pair will reach 142.0 level.
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EUR/USD Short, GBP/JPY Short, AUD/NZD Short and GBP/CHF ShortEUR/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
GBP/JPY Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
GBP/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/NZD Short, USD/CAD Short and EUR/USD ShortGBP/NZD Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short and USD/CAD ShortEUR/NZD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Short
Minimum entry requirements:
• If tight 5 min continuation, reduced risk entry on the break of it.
• If tight 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Short, NZD/CAD Short and WTICO/USD ShortAUD/NZD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
NZD/CAD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
WTICO/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
#BTCUSD/H4. What opportunities are there for BTCUSD and Bitcoin?BTCUSD long-term analysis:
After establishing a new peak at 70000; BTCUSD has dropped sharply to the previous support area of 63500, where a correction towards 64800-65000 is occurring before continuing the downward trend.
There is a high possibility that BTCUSD will form a bottom around 61000-61500 and move back up.
Recommended orders:
Plan 1: SELL BTCUSD zone 64800-65000
SL 65300
TP 63300-62300-61000.
Plan 2: BUY BTCUSD zone 60900-61100
SL 60600
TP 62000-65000-69000.
AUD/NZD Short, AUD/CAD Short, WTICO/USD Short and NZD/CAD ShortAUD/NZD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUD/CAD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
WTICO/USD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/CAD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/USD Short, NZD/CAD Short, EUR/NZD Long and NZD/JPY ShortAUD/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/CAD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Long
Minimum entry requirements:
• Tap into area of value.
• 1H impulse up above area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short and AUD/NZD LongEUR/NZD Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Long
Minimum entry requirements:
• If area of value tapped into by way of a three touch structural approach, risk entry after a 15 min rejection from it.
EUR/USD Short and EUR/GBP ShortEUR/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/GBP Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
GBPCHF: Time For Pullback 🇬🇧🇨🇭
GBPCHF may pullback from a key daily support.
The pair looks oversold after a strong bearish rally.
The price formed a cup & handle pattern on a 4H
and violated its neckline.
I think that the market will reach 1.14 level soon.
❤️Please, support my work with like, thank you!❤️
EUR/USD Short and GBP/USD ShortEUR/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
MarketBreakdown | AUDUSD, EURCAD, GBPAUD, AUDCHF
ere are the updates & outlook for multiple instruments in my watch list.
1️⃣ #AUDUSD daily time frame 🇺🇸🇦🇺
The pair violated a key daily horizontal support.
It opens a potential for a further bearish continuation.
Next support - 0.648
2️⃣ #EURCAD weekly time frame 🇪🇺🇨🇦
The market is approaching a significant weekly resistance cluster
that is based on 2 important historic highs.
I think that we may see a correctional movement/pullback soon.
3️⃣ #GBPAUD weekly time frame 🇬🇧🇦🇺
The pair is unstoppable. The price keep going up rapidly.
Ahead, I see 2 important historic resistances.
I believe that we will see a pullback from one of these structures.
4️⃣#AUDCHF daily time frame 🇦🇺🇨🇭
The market looks very oversold after a massive selloff.
The price is testing a key horizontal daily support at the moment.
I think that we may see a pullback from that structure.
Do you agree with my market breakdown?
❤️Please, support my work with like, thank you!❤️
USD/CAD Short and EUR/USD ShortUSD/CAD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUD/USD Short and AUD/CAD ShortAUD/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUD/CAD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.