14.10.24 Morning ForecastPairs on Watch -
FX:USDCHF
FX:AUDUSD
FX:GBPNZD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Harmonic Patterns
HOW TO USE RECTANGLE CHAT PATTERNHere on this video i show you how you can use rectangle chat pattern and trade so you can maximize your profit so it is very simple to use and you can apply it when price break above or below rectangle. Use money management
FTSE 100 H4 | Potential bullish breakoutThe FTSE 100 (UK100) is trading within a symmetrical triangle chart pattern and could potentially break above it to rise higher.
Buy entry is at 8,266.17 which is a potential breakout level.
Stop loss is at 8,210.00 which is a level that lies underneath a multi-swing-low support.
Take profit is at 8,331.28 which is a multi-swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Potential massive reversal for MRNA?🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
Gold H4 | Heading into resistanceGold (XAU/USD) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,666.50 which is a multi-swing-high resistance.
Stop loss is at 2,690.00 which is a level that sits above a swing-high resistance that aligns close to the all-time high.
Take profit is at 2,608.93 which is a swing-low support that aligns close to the 38.2% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Aussie H4 | Potential bearish reversalThe Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6761 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 0.6820 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance.
Take profit is at 0.6697 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USD/CAD H4 | Potential RSI bearish divergenceUSD/CAD is trading close to an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.3796 which is an overlap resistance (a potential RSI bearish divergence has been identified).
Stop loss is at 1.3866 which is a level that sits above an overlap resistance.
Take profit is at 1.3701 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
CHFJPY - SHORT daily chartprice to complete the corrective wave ABC for a short opportunity to the downside. bearish cypher
GBPUSD DAILY CHARTBuy opportunity. bullish cypher formed. desending channel in the 1hr and 4hrs chart.
XAUUSD FINAL WARNINGXAUUSD should be watched and traded carefully after support from the 2600=2604 zone . The demand outweighs supply from structural perspective, as much the market is over extended and need correction ,its possible that it can still stretch upwards. Without the monthly rejection respected at the 4hrs close descending trendline connecting 2684 all time high on descending manner will see a push up.
if the new week respects the resistance structure we will go for sell.
avoid Monday and Tuesday for clear directional bias
USDCADUSDCAD,the pair moving slowly ,both are strong economy and dont expect heavy price action
usdcad is bullish and its best to keep buy idea
DXYDXY dollar index showing me a double bottom , a bullish price action ,i expect a change in the price action of euro, Australian dollar, British pounds sterling's, Canadian dollars and Japanese's yen,
we want a correction for dxy to make a perfect decision in the market
CONGRATS IF YOU LONGED THAT - MY NEXT TRADEHere are the trades I’m targeting in this range. We saw a clear reaction from DEMMAND after a REACTION OFF 8H SUPPLY. kudos if you caught that last trade!
At this point, we’ve got A FEW possible outcomes!
WATCH VIDEO FOR FUL BREAKDOWN
For any of these plays, I want to see a flip in structure on the 5-minute chart or higher before entering. Let’s be ready!
Make sure to follow for regular updates and insights! 🔔💡
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ETHUSDTETHUSDT,the price of Ethereum is playing on the middle and it will not be accepted by the strategy.
i want a return to my supply roof or to the demand floor.a break of any of the structure sets up a retest rule and a direct application of daily candle rule based on the broken structure.
XRPXRP on going legal battle will mean a lot to its future want price to buy into sell zone of 1.2$ on a quick spike in a regular fashion of xrp.
expect a bearish reaction at that zone and another zone to watch is the 0.8-0.7 zone
xauusdexpect the market to adjust to give a clear directional bias.
gold has broken the resistance trendline and return to buy demand floor.
we apply one candle rule on monthly candle rejection ,we could be seeing some rejection from the 2684 4hr descending resistance trendline structure.
coppercopper will continue on the demand foot,the industrial application and commercial demand will push price high.
the on going middle east tension will support demand and push price back into 5$ zone
COPPERCOPPER, copper have huge commercial and industrial application. The price will continue to surge and on the weekly line chart the price action is giving a double bottom a bullish price action and the neckline is broken and retested.
i expect the structure to keep its promise
LONG COINBASE- 3x Your money In a YearPrice Target
450$
Time Frame : 1 Year from now on
Disclaimer : Nothing is a financial advice
xauusdgold returns to buy zone after touching 2600-2604 level indicating that the current geopolitical tension and its sa safe haven demand status is high.if will cget confirmation of the breakout,then buying will begin but without confirmation it will drop as a retest to broken support structure.
BEARISH DEEP CRAB ON GBPNZD From a failed Bearish batHello, guys, this is a quick update on GBPNZD, Let's see how this plays out, and apply proper risk mgt as always. wish you guys the best.
11.10.24 Morning ForecastPairs on Watch -
FX:NZDCAD
FX:GBPNZD
FX:NZDUSD
FX:AUDUSD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
NIVIDIA 4 HR: Correcting back to 130.70 or We Pushing Higher UP Morning Traders
Quick update here, currently if we make a break above the 132.70 range the 137.30 is our goal and target however their are a couple hurdles along the way.
We can possibly still correct down to the 130.70 level
I go over the market from 4 hour to 30 minute giving you some levels to look for in today's trading day
Happy Trading
MB Trader
