~ Force Vector Technology ~ Price Trajectory for GBP/JPY~Force Vector Technology ~
Predicts this price movement
trajectory for the next several days.
Follow it and trade it as you see fit.
Enjoy!
Longtrade
CHD: 200 MOVING AVERAGE BOUNCE PLAY, GOOD RISK-REWARDCHD is offering a good Risk/Reward play.
Bounce off the 200MA and Bullish Engulfing Candle.
If we get a bullish push we can even reach the trend line and try to break out.
Possible entry here with a stop just under the 200MA.
Investopedia definition:<>
EURAUD Long Trade SetupHello Traders
If the B is an expanding flat, the previous low shouldn't be broken. That's why I took a long trade from the bottom but it was a risky entry. That's why I risked only 0.25%. After that, it bounced back. So we can have a reversal impulse, and now, a correction is in the making. When I see a complete regular flat, I'll place a pending order over the last top.
Trade with care.
Bulent
ETHBTC Huge inverse heard & shoulderInverse head and shoulder on the daily timeframe. Breakout above 0.04 is possible, first target will be on the red trend line.
CADCHF Long Trade SetupHello Traders
One more upward impulse for a bigger complete correction is unnecessary, but the downward movement looks like a correction. That's why I'm looking for long trade setups. The last low was 0.618 retracement of the A wave and 1.272 extensions of the blue "a". We got the reversal impulse. Now, I'm waiting for a correction and a trade setup to place a pending order.
Trade with care.
Bulent
XAUUSD Long Trade SetupHello Traders
Although the reversal structure doesn't look good, I placed a pending order over the last top because 3 reasons. First, my forecast is an upward impulse as a C wave for a complete running flat. Second, the last low tagged a very strong Fib confluence level (272 extensions of green and blue A waves) and got a reaction, which doesn't look too strong. Third, gold loves slow starts. So, we can have a fast upward movement soon.
Trade with care.
Bulent
USDCHF Long Trade SetupHello Traders
The last low can be the correction's end, and the sharp bounce-back can be the reversal impulse. If so, we should have a pretty strong upward impulse after a correction. That's why I'll take a long trade if it makes a correction. But my expectation is one more downside after a running flat. If it drops and gives me a trade setup, I'll buy it.
Trade with care.
Bulent
EURAUD SUPER SWING TRADEBearish short trend weakening stopping just above support level with a bearish doji indicating the end of the bearish trend with perfect rejection. Price is just ranging in the trend channel in the higher timeframe this is a good super swing trade!
GBPJPY LONG SWING Rejection from the trendline that existed since march which made the price uptrend since then. Another resistance from the neckline of a double bottom on the weekly timeframe which indicates a bullish trend continuation.
TP1 - 141.853
TP2 - 145.082
TP 3 - 147.818
SL - 135.136
USDJPY Long Trade SetupHello Traders
Although I like neither the downward movement as a whole correction nor the sharp upward wave in the middle, I placed a pending order over the last top and I'm in the trade. If the previous low (orange B) is the end of the weekly regular flat, we can see a pretty strong uptrend any time soon. To wait for a small correction to take a long trade can be a good idea.
Trade with care.
Bulent
AUD/CHF LONG POTENTIAL TRADEAUD/CHF has pulled back to ema 89 and has consolidated at this level and produced an rvi bullish cross. we can now look to long the pair and wait for rvi bearish cross or new high or previous high.
USDJPY Long Trade SetupHello Traders
Because of the higher degree structure, my forecast is a new low and a strong reversal. It looks like a correction is in the making before the last drop. Now, I'm waiting for a trade setup to buy it. Then I'll hedge my trade before the last drop. If it doesn't give me a trade setup, I'll wait for a new one after the yellow C to sell it. My goal here is to have a trade to hedge it when the price comes into the blue box.
Trade with care.
Bulent
USOIL Long Trade SetupHello Traders
The last low can be the end of the bigger correction, and what has been made after the last low can be the reversal impulse. If so, we should have an upward impulse, which will break the previous top. That's why I placed a pending order and I'm in the trade now. The risk here is the downtrend line. If it's broken, I'll buy more after a bigger correction. Otherwise, I'll close my trade around BE. If you want to take a long trade, I think a small correction over the purple trendline will be a good trade setup.
Trade with care.
Bulent
CADJPY LONG on DailyEntry @ 78.76
SL @ 77.87 (89 pips)
TP @ 79.98 (122 pips)
RR = 1.37
------
Early TP: 79.65 (RR = 1)
AUDJPY Long Trade SetupHello Traders
The last low can be the end of the daily running flat. I'm waiting for a reversal pattern to place a pending order. I hope in the worst-case scenario we will have a big enough correction. So we will be able to move SL to BE.
Trade with care.
Bulent
EURUSD Long Trade 28/10/2020Targeting 1.20 near term/ 1.25 long term.
Repetition of a pattern seen back in 2017, very similar price action.
Stop loss below previous lows should be safe in my opinion (50 pips)
SPX500 Long Trade SetupHello Traders
If the previous structure was a complete running flat (green B), we should see more upside and a new high. That's why I'm looking for long trade setups. What is made over the green trendline can be a complete correction, and a reversal pattern can be in the making. Now, I'm waiting for a correction to place a pending order. I plan to hedge my trade after the new high.
Trade with care.
Bulent
DBS: Triple Tops or Bullish Triangle Breakout?SGX:D05 is in the crossroad, either the Triple Tops will prevail or it will be a bullish breakout.
Based on the current formation, and if we combined with Supply and Demand; it is wiser to wait for Long Setup rather than Shorting it.
As at today there is no LL yet and overall still Buyer in control.
Here is my personal call:
Buy Stop at $21.65
Stop Loss at $21.30
Take Profit at $23.00
Risk Reward Ratio = 3.97R
Potentially, you can buy yourself an iPhone 12 Pro Max 512Gb by end of the year, if you place 1 lot on DBS. Good Luck!
Disclaimer :
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee.
As always, move your SL when you are in the profit zone.
