AUD/USD long opportunity price breaks the corrective trend line and now is retesting a psychological level and fibo zone and creating a morning star formation
it has good Risk/Reward
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I'll be glad to know your opinion in the comments.
This is just a bit of financial advice, do your own research too.
Multipletimeframe
GBPUSD Intraday Risk Bets PlanI feel like this pair has some room upward and I have checked it on multiple time frame where it's only pointing me out that there is still some room upward. I am well aware of this major pair broad picture and it's trying to shift trend on higher resolution from bullish to bearish (knowing the fact it's overall bearish trend for higher time frame due to some fundamental cases). Sometime things doesn't go straight forward and even if it had to fall in future days it will obviously fall but after hitting some key level at ceiling which is why i'm saying it might have some room upward.
USDJPY Intraday Plan: W formation Spotted!Felt like buyers wanna take some advantage sentiment wise and seem like they wanna push the price upward which might work for intraday prolly. I caught W formation ( double bottom: reversal pattern ) and on Higher Timeframe doesn't seems much bearish domination so there could be chance for bulls to weigh over market in lower time frame indeed. Bear in mind with taking proper risk management in play if you ever plan to take this idea. Thanks for reading my idea and I hope you enjoyed and if you think it added some value in your trading don't forget to support me by hitting a thumbs up button! (LIKE)
Euro/Japanese Yen Mark UPHere's another currency pair I analyze, track and trade.
What's my bias? Bullish
Before it heads further up I would like to see some bear action. The green candles that's highlighted signifies profit margin to the downside towards that untouched Order Block. Hence why I would like to see the bears enter the market. We shall see.
British Pound/US Dollar MarkUpThis mark up reminds me of why I like to stay Neutral.
I was 1st Bearish when I start analyzing this pair due to how price was playing to my levels, heading further down, but I went high up to see what's new. Price was actually heading right into a very significant HTF OB which is how it ended on last week's closing candle.
I expect it to head further down before it starts to emerge to go higher due to how massive the zone is since it's from a HTF. I located some barriers within it, but they might not hold. Once it's above the proximal (1.2286) I would pay close attention to Price Action for when to execute. There's a 250+ Pip gap between my levels, scale in & scale out. We shall see.
Bitcoin short term correction before the next pump? To begin, sorry for not updating my post for so long. I am still active trading just that have little time to share my analysis with the community. Please pardon me and feel free to drop me a message if you like to discuss anything.
My outlook for BTC is still bullish, in fact I took some profits this month and waiting to re-enter my positions.
On the technical side, BTC has broken H1 EMA and yesterday H4 EMA. However when i look at bigger time frame, trend for BTC is still up. Fundamentally, BTC followers know that halving is round the corner happening around May 2020, and increased crypto adoption and developments happening daily all across the globe.
Current price levels, we are at an area of support boxed up in my chart, for more aggressive players, you might want to buy some here. Next buy level is lower where it coincides with a Bullish Bat Pattern to buy at about $8,500, strangely this level also coincides with the Daily time frame 200EMA :)
In summary, i am short term bearish of BTC but long term bullish.
Do like and share this post. I use a combination of trading strategies such as Supply & Demand ( SND ), Harmonics Patterns, Multiple Time Frame Analysis , Candlestick Analysis to name a few. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
BTC/USD OUTLOOK GRIM? LOWER MTFA ENGLISHNOVICE SPECULATION:
Well, BTC is migrating to the lower end of 8! Where will we go!
On this chart, you can see multiple opportunities for high volume trading, or entries for a long term short.
As this month closes, we may see a retrace to 9, but my personal opinion is we are going to continue to drop to 8.3 to <7.
As always, it is hard to analyze where we go since, generally speaking, we are always combatting whales and exchanges *one in the same usually* so watch out for the weekly and daily time frames.
LOGIC BEHIND SHORT:
-Paper trading, so I feel no pain or regret, thus can safely make speculative paper trades on such a chart.
-Bitcoin formed a double top on the 4H
-Normal bouncing around, as usual.
-Be careful out here...You could short and wake up to a 11k BTC.
TRADE AT YOUR OWN RISK
ETH/BTC - short term pullbackETH/BTC has broken out of it's long term downtrend and made an impressive move over the last days but now it looks like a great place to take some profit and buy back in lower.
The reason for that is:
1. ETH/BTC shot right through the daily 200 MA and hasn't had a proper correction since. Now it's very close to the daily 314 MA and will likely bounce off it and retest prior levels.
2. It's at the top of the current channel
3. Daily StochRSI is very high and likely to cycle down soon
4. Significant bearish divergence on the hourly timeframe which is also visible on the ETH/USD pair (see comment below for chart)
Long term it looks bullish to me so consider this a short term setup.
#AUDUSD Bearish Week Expected - Weekly AnalysisAUDUSD is repeating its weekly candlestick pattern for the 3rd time with great accuracy. The coming week is expected to create a bearish candle and the week after will be a bullish candle. This week it is going to retest the trend line before resuming the uptrend again the week after. We have 2 patterns completing near the trend line. So we can take a short position if the markets allows us to. Once we reach the zone and the market has tested the trend line, we can close the short and prepare for long position week after.
Please hit the like button and drop a comment. Let me know what you think of AUDUSD next week. What is your analysis?
Weekly Chart of ACCAs seen from the Weekly Chart of ACC, the stock is trading near to trend-line support on downside. On monthly chart the stock is trading in triangle pattern since since Sept-2017. On daily chart the stock is consolidating in 40 Rs. range. If the stock manages to close above 1470, the stock can see further uptrend. If the stock holds the support zone then the stock can move to the levels of 1650-1700 in 3-4 months time frame. Uptrend view is negated below the levels of 1400 on closing basis.