eurjpy buy• this pair formed a downward corrective move after a bullish impulse
• the channel's resistance has been broken and the yen basket is bearish which shows the weakness of the yen
• once H1 closes above the broken trendline long trades will be placed and targets will be at the previous significant high and SL just above 20 pips
Millionaire
BUY/USDT Upcoming Fundamentals, Golden CrossBurency (ticker: BUY , exchange: KUCOIN, SUSHISWAP) has recently tweeted that Cloud mining contracts are loading and that they will be announcing the action soon. The chart currently shows that we are above the 50 MA and the 200 MA was just tested. Although the 200 was not broken through, the price still remains above the 50. There will likely be another retest of 200 and hopefully soon a breakout. If this is the case then we could potentially be seeing an upcoming Golden Cross. This could be a big trade for all.
Crazy GOLD IdeaWell from the looks of the weekly long-term Gold has been ranging
it may look like this is and apex that has formed
the best thing in my eyes should be to await for w1 break of ranging zones
for proper swing trades lower time frames could still provide set-ups to trade
lets wait and see tell me what you think
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GBPUSD Sell set-up forming. Nice potential swing trade 90Pips+This set-up shaping up so good .
We noticed that we have been in a down trend Monday we had a push up phase however I noticed on the chart there has been a loss of intent to the upside furthermore with the dollar weekly chart signalling upside movement it is clear to see why this is stalling at resistance point.
Confluences so far
Lower highs and lower lows are being created
We not breaking structures
More to be concluded on New York session
GBPJPY Outlook last Wednesday of August trading dayI Expect to see some futher continuation to the downside let's look at the reasons why.
Confluences
×Market is failing to make new higher highs nor is it creating any higher lows so it means there's a short-term loss of intent for price to roll up.
×On daily structure we currently didn't manage to close above previous lower low point
×we in a down trending market why would we want to oppose what we see happening.
Some liquidity taking and few candlesticks confirming should result in us taking sells.!
Feel free to add input because in this trillion dollar market we learn everyday
GBPJPY Current outlookAfter a surge impulse move up yesterday we seeing the market slowed down now taking liquidity in my opinion it would be best to to execute any trades till we get a break of structures retest moreover some major confluences into our pot and top it of with continuation candlestick patterns for now we waiting while liquidity is been taken out
FLOW breakout?Hey traders, noticing a lot of top crypto coins are breaking out of these long down trends. Could we possibly be coming back? Big volume, surpassed previous overhead supply. If we can hold here and pass the initial level drawn out, this would further confirm the new uptrend. Keep an eye out on quality crypto projects. Could be making a comeback!!!!