The EUR/JPY very bearish i think i just make chart analysisI look on the 1 day and 4h charts looking for som evidence of resitence and support in to commulative zones and find this i think this is pretty relatable in these days.
Forextradingzones
US30 long 300pips - 1,000pipsCheck out the nice zone banks have printed with price action. Head and shoulder pattern possibly forming to complete teacup for bullish push. Seeking 300-1,000pips or 3,000-10,000points depending on your broker.
USDCHF Weekly: 18/01/2023: Long term view
As you can see, the price has fallen after touching the supply zone.
Now we expect more fall.
First I think the price will move down under an equal low.
In the first scenario, the price will collect liquidity under 0.89262 and will upward move from 0.88386- 0.8926 which is shown as a demand zone on the chart.
The second scenario is more optimistic for the dollar, in this scenario, the price will collect liquidity under 0.90186 and then will move upward in the support zone. ( 0.90102- 0.89262)
For all of these scenarios, we need low time frame confirmation.
💡Wait for the update!
🗓️18/01/2023
🔎 DYOR
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GBPCAD Possible short setting upGBPCAD
As mentioned in Yesterday's session. There are so many ways we can count waves in this one. Lets look at the one that is presenting an opportunity to go short.
The pair is now in Minute wave within minor wave 3. An opportunity to go short Minute wave is setting up.
100-200pip short possibility for EurAudThe market is currently at a nice supply zone showing price action to warrant a short possibility from this major zone. Bearish push should be 100pips at minimum to about 200pips maximum resulting in a nice risk to reward.
AUDCAD AUDCAD Mentioned Range High, Mid range , & Low range .
Making bearish bat Harmonic.
AND Mentioned Bearish Order Block (Supply Zone )
USDJPY shortConsidering recent PMI data shows an economic turnover, declaring the possibility of the end of a recession for the US and therefore creating a stronger currency. However, long term data suggests a weaker dollar as investors are looking for increasing interest rates for a stronger currencies against the inflation.
The technical analysis indicates a reversal at the zone likely to become a resistance. The zone was hit today but is likely to be hit again. If not, the trend is likely to continue and therefore the trade can still be taken.
nzdusdnzdusd short setup,, update,, trade still in progress, still way to go,, or create new auction price liqudation.. to price value enough to push the price higher..
75-100pips long to complete Head and Shoulder EurAudPrice is at a nice demand zone and should teacup to form a W pattern which will retrace back to the neckline completing Head and Shoulder pattern. Waiting on confirmation to place long position once price shows rejection of the low.
100-150pips long inverted head and shoulder patternMarket Maker's have printed a nice zone to trade UsdCad long for 100-150pips to clear out liquidity of current high. Candles have formed an inverted head and shoulder pattern that should push nicely from the point of interest in the setup.
EURUSD 21/12/22 RangeAccording to my strategy and analysis, these are the important levels to trade today. Make the plans accordingly. This range is significant because it acts as support sometimes and resistance sometimes. This range will be valid till the opening of the US market (i.e. Nasdaq 9:30 am). After 9:30 am this range will not be valid)
100pips inverted head and shoulder UsdJpyMarket is at a point of interest for a potential bullish push to go long on UsdJpy. Awaiting bullish price action from zone to place buy position for 100pips.
gbpjpygbpjpy short setup,, stil not hit the target lets see next week .. new opertunities. to look for long postion ..
oil shortIf we see the entry signal in this zone with the set loss limit, we will enter the matter of the degree of ascent, but keep in mind that this signal is used in the upper periods, so you must be patient enough, but if the goals are achieved, there will be a good profit.
EURNZD: Trend continuation to the downside Entry: 1.655
TP 1.635
SL 1.6645
RIsk/Reward Ration: 2.28
Retail money 75.7% Long.
A clear downtrend in the 1D chart. Higher lows with clear rejection of key support levels. Both MAs showing the start of a strong downtrend.
EURUSD weakening As energy crisis continues, I’m confident that the EUR will see further struggle. We did see some bullish momentum, but the fundamentals of this pair are showing a bearish sentiment. My SL will be at the resistance zone around 1.0800 and tp is open.
USDCAD running trade.. trade still not hit the target. trade is still need to way move down short the market. to take new opertunities.
AudUsd long for 60-100pipsNotice this nice zone creating head and shoulder pattern identifying a strong zone for structure. Should give a nice push to the topside for 60-100pips continuing pattern and respecting price action of this zone.
huge short possibility for 1,000+pips or 10,000points us30Market has stopped out early sell entrants taking liquidity on double top forming at current monthly high. Market is in the ideal zone for short on double top pattern formation. Seeking sell position to swing down to the next level which will be around 32850 for roughly 1,300pips or 13,000points as market should make a lower low. 1st tp for short term profits would be 400-500pips or 4,000-5,000points for those that aren't willing to swing trade.
#NZDCHF SHORT BIAS#NZDCHF is nearly going to drop on HTF. though we still have much space to be filled but be careful if you have long positions there.
best of luck
chfjpy short possibility for 150pips or moreChfJpy has been trending nicely to the downside and will hopefully continue to do so for another bearish wave. Seeking short position at entry zone the ride down.
