The cable analysis.Hello everyone! I'm now a 700k funded trader and wanted to share this analysis to show my improvements from my last one.
Feds were dovish today and it looks like the dollar will fall, which means everything up. Institutions are majority long on the pound, while the dollar is even, but with what the feds dished out, that should change.
If you have any questions about my analysis, please feel free to ask.
M-trader
NZDCAD: Bearish Outlook Explained 🇳🇿🇨🇦
NZDCAD broke and closed below a key daily structure support.
After a breakout, the price retested a broken zone and formed
a symmetrical triangle on an hourly time frame.
The support of a triangle was broken.
It is a strong intraday bearish confirmation.
I expect a bearish movement to 0.8225
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GBP/USD Short, AUD/USD Short, EUR/USD Short and CHF/JPY shortGBP/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
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
CHF/JPY Short
Minimum entry requirements:
• 1H impulse down below most recent low.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/AUD Short and NZD/JPY ShortEUR/AUD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 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 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
XAUUSDHello👋
📊Analyzing gold price based on Elliott waves and price action...
The main and important range of support is $2150 and as long as this number is maintained, it will continue to be an upward trend.
The market can complete this upward path in 5 Elliott waves, which we are currently in the 3rd wave
The targets of wave 3 are 2213 and 2283, respectively
The main and important support of 2150
The final target and wave 5 is 2350
The waves may change along the way, and the update will be done.
AUD/JPY Short and EUR/USD LongAUD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Long
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
$ROKU reversal trade ideaNothing crazy here but NASDAQ:ROKU continues to follow that downward trendline and respects the previous supports broken. If this turns down from the current test of resistance then the short play is intact.
BUT if the trendline is broken along with resistance, then this setup is nice to take long considering that the RSI indicator appears to be bottoming a well.
AUD/NZD Short, NZD/USD Short and NZD/CAD ShortAUD/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 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 inflection.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
WTICO/USD Short, AUD/NZD Short, NZD/USD Short and USD/CAD LongWTICO/USD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Long
Minimum entry requirements:
• Tap into area of value.
• 1H impulse up above area of value.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
SasanSeifi 💁♂Potential Upside in Long-Term (4-Day) AnalysisPrice broke the long-term descending trendline and had a minor uptrend after a pullback and ranging. The current price is trading at $0.94.
Expectations:
After breaking the $1 high and a minor correction, the price can further rise to the $1.20 liquidity zone and the $1.50 supply zone.
To better understand the continuation of the trend, we need to see how the price reacts to the $1.50 supply zone.
Support Levels:
$0.78 / $0.70
This is not financial advice. Always do your research before making any investment decisions.🙌
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
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AUDCAD_4H📊Australian dollar vs Canadian dollar analysis The analysis is based on Elliott waves in the medium term The market is in wave abc, which is currently expected to be at the price floor of wave b, and by maintaining the support of 0.88150, it can enter an ascending wave as wave c to the target of 0.89370.
EUR/USD Trade Recap, NZD/USD Short and NZD/CAD ShortNZD/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/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.
Decision point at the H1 TrendlinePrice break the trendline in Asia session and did the retracement at the trendline level. No decision to be taken since no confirmation or direction from the market. Decision point on the trendline if price going down then wait for retracement at the trendline. Or if price going up and breaks trendline, wait for the price to retrace at the support marked support area. Target TP based on Fibonacci or next support/resistance.
CAD/JPY Short, EUR/USD Long and NZD/CAD ShortCAD/JPY 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.
EUR/USD Long
Minimum entry requirements:
• If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.
NZD/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.
NZD/USD Short, NZD/JPY Short and NZD/CAD ShortNZD/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.
NZD/JPY 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:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.