CADCHF Longs to .73600Price is shifting up, we cleared areas of interest and now testing as support. If we hold we can see price push further up.
Highertimeframes
GBPUSD Longs off 1.35000Price has broken above resistance and is testing as new support with strong rejection candles. If we hold we are anticipating a further push up.
GBPCHF Longs to 1.27000Reading price, we can see the swings are starting to shift in direction. Price has pulled back to a previous area of resistance as support in confluence with a long wick rejection. If price manages to hold above 1.24750, we can anticipate bullish movement to 1.27000. If price breaks, we must reevaluate price action.
EURGBP Longs to .86300Reading price, we can see EURGBP has shifted up it is evident to see by the new higher highs and higher lows being formed. This shift in momentum has also cleared previous areas of interest and is now retesting as support. Price has reacted in the past and we are anticipating that same reaction to .88300, in confluence with the double bottom formation. If price violates this zone, we must reevaluate price action.
Confirmations:
-Structure
-Area of interest
-Rejection
$VUZI HTF ACB LongMonthly - 0.618 Fib/Wave 2 pullback
Weekly - Support/Completion of ABC pullback
Daily - Triple bottom/Support/MACD/Descending triangle/Wave 5 completion/Low test/Decel
LTF - 15 min wave 5 completion/15 min break above 50 ema/1HR break above trendline/MACD/Support
RR - 9.1
Management - Long term
Backtesting BITCOIN on HTF (8hours)In this video, I am going to backtest the Sell indicator that I have created especially for BITCOIN. This will be on the 8H timeframe.
If you wish to see using the other indicators on lower timeframe, then please check the link below where I use the indicator to scalp bitcoin on the 15minutes timeframe.
GBPNZD Swing Long (Higher Timeframe Analysis)If you like this idea, like it and follow me for more.
Colour key: Blue = monthly, Pink = weekly, Grey = daily/4H/1H
If you look at GN on monthly/weekly, you can clearly see it's in an uptrend. I've drawn out multiple supply and demand zones, as well as key levels, from the higher timeframes (see the colour key). I believe we may see a drop to the second-to-bottom blue zone before price reacts to it and flies upwards. My two targets will be the two pink zones above the entry point. I believe price should make it's way up to the first pink zone before a minor correction and ultimately heading further upwards.
Updates to follow, follow me to see them
NZDJPY Shorts off the TrendlineReading price action, we can see NZDJPY is testing strong areas of supply. Price is testing the trend line for the third time in confluence with strong areas of interest and wick rejection. If price maintains below this area, we can anticipate shorts down to our target.
CADCHF Potential LongsReading price action, we can see CADCHF is testing a strong area of support in confluence with a huge shift and double bottom at a .72500 key zone. If the price shows signs of rejection we can anticipate longs.
NZDJPY Showing Signs of ReversalReading price action, we can see NZDJPY has created new swing lows in confluence with a double bottom formation at key areas of psychological support. Price has also created a shift back above 76.000. If price breaks below this are of support, we must reevaluate price action.
GBPCHF Shorts LoadingReading price, we can see that GBPCHF has been creating lower highs. the most recent price action has created a strong shift below previous areas of support. this shift in momentum has created a new lower low and lower high with a double top formation in confluence to strong wick rejection. If price can hold below this area, we can anticipate shorts down to 1.25700.
NZDCAD Showing Bullish SignsReading price action, we can see that NZDCAD is making higher lows and highs in confluence with the most recent impulse clearing previous areas of resistance and now testing new support with a double bottom rejection. If the price holds and closes like this, we can anticipate the price to reach .88400. However, if the price breaks, we must reevaluate price action.
GBP CHF Short OpportunityReasons for entry:
1) Monthly bearish engulfing candle
2) Multiple reactions on the outside of 7 months uptrend line
3) Daily bearish candlestick formation
4) Past daily resistance
5) Multiple rejections around the daily resistance and gathering of liquidity
EURAUD: Leaving Bullish Clues!Reading price, we can see we have been on an uptrend with impulses in our favored direction. The last few candle closures have shown strong wick rejections to the downside. If price manages to maintain above this new support zone, we can anticipate price to reach 1.59000. However, if price breaks support, we must reevaluate price action. Due to the uncertainty of market fluidity, risk management is highly recommended.
EURUSD: Longs to 1.23000!Reading price, we can see that EURUSD is on an uptrend with strong shifts in momentum in our potential direction. Price has cleared previous swing highs and is testing as new swing longs with a double bottom and rejection and key psychological areas. If price holds above this zone look for longs to 1.23000. If price breaks, we must reevaluate price action. Due to the uncertainty of market fluidity risk management is highly recommended.
EURJPY: Longs Loading?Reading price action, we can see that we are in a uptrend meaning we should be looking for long-term buying opportunities. Price has recently broken resistance and is testing as new support. If price closes with the current rejection candle, we can anticipate price to push higher. However, if we break support and the trend line, we will have to reevaluate price action. Due to the uncertainty of market fluidity, risk management is highly recommended.
Bearish top down analysis Smart Moneysessional Tendency is bullish but cad fundamentally strong .and in monthly price make breakouts so I am looking selling opportunities
AUDJPY: Showing Bullish Signs!4hr Time Frame: Reading price we can see we are testing areas of support for the third time with a double bottom formation in confluence with long wick rejection. If price is able to hold, we can see bullish movement to 84.500 and if it breaks that we can see price reach 85.500. However, if price breaks support, we must reevaluate price action. Due to the uncertainty of market fluidity, risk management is highly recommended.
EURGBP: Potential Longs!4hr Time Frame: Price looks like it is ranging in this market and testing a strong support zone. Reading price we can see that we are getting signs of wick rejection at this area that has reacted multiple times in the past If price manages to hold we can anticipate longs to .86300. However, if price breaks support, we must reevaluate price action. Due to the uncertainty of market fluidity, risk management is highly recommended.
USDCAD: Shorts to 1.24000!4hr Time Frame: Reading price action we can see that we are on a long term down trend and a short term up trend that is looking like it is going to reverse. Price is testing a key psychological support and resistance zone in confluence with a rejection candle. If price holds below this zone, anticipate shorts down to 1.24000. However, if price breaks above, we must reevaluate price action. Due to the uncertainty of market fluidity, risk management is highly recommended.
EURAUD: Shorts to 1.52500!6hr Time Frame: Price is on an overall down trend which means we should be looking for long-term selling positions. Price has broken support and is testing resistance with signs of rejection. If price holds below resistance, we can expect price to fall to 1.52500. However, if price breaks above, we must reevaluate price action. Due to the uncertainty of market fluidity, risk management is highly recommended.
GBPUSD: Longs to 1.417500!12hr Time Frame: Price is on a long-term uptrend and has broken above previous areas of resistance as new support. At the same time, we can see price is creating an inverted head and shoulders formation in confluence with long wicks pointing to the downside. If price holds above this zone, we can anticipate longs to 1.40000 and potentially 1.417500. However, if price breaks support, we must revaluate price action. Due to the uncertainty of market fluidity, risk management is recommended.
