Nakedtrading
AUDUSD potential for Long position(Intraday)As you can see from chart- price failed to make new Lower Low on 28 Oct 2019 and this could be starting of impulse wave for uptrend and since that price go up to make a new Higher High(HH) and Higher Low(HL) until today if u can see from H1 chart.Now price try to make new high from previous daily high on 22 Oct 2019(Box color-Turquoise).My prediction price will go up to find liquidity at high area and go down before buyer start to enter position at discount price area of 0.68600-0.68675.
As you can see from weekly trendline price will make rejection at upper trendline and need to wait for Price Action for breakout or go minor bearish trend.
This is from Daily chart and Daily chart.
Analysis:
1)based on key level from higher timeframe which is Monthly and Weekly
High on candle monthly August 2019-0.68680
Low on candle monthly May 2019-0.68649
if you can see price rejected that price and go up.
2)Based on trendline major high timeframe
3)supply and demand zone
4)High and low of major turning area.
Tyree Thomas Jr uses Kobane Trading Plan on 4hr Gbp/CadTyree Thomas Jr uses the Kobane Trading Plan that was taught to me live by my mentor IM Academy's Educator Curtis Kobane Branch on
IM Academy TV's forex trading training session. Curtis taught me chart patterns and also how to trade naked by using trend lines for price analysis, and the Fibonacci retracement tool instead of the traditional technical trading indicators.
Tyree Thomas Jr use Kobane Trading Plane on Eur/Aud 4 hr I Tyree Thomas Jr used my Kobane Trading Plan that was taught to me by mentor IM Academy's Curtis Kobane Branch. The trend lines that are used to analysis and trap the market were drawn on the Daily time frame, and the sweet spot Fibonacci levels were drawn on the 4 hr time frame, and the stop loss was drawn at the most recent low. I choose to use the trend lines and the Fibonacci tool as indicators to tell me what market price is going to do instead of using the traditional indicators because I like to naked trading, meaning trading without traditional indicators which is what Curtis Kobane Branch taught me how to do on IM Academy live forex trading training TV session.
NZDJPY Daily 10/20/19NZDJPY Short idea
Price action on higher time-frames has been primarily bearish so we will look to trade with the trend after a strong bearish signal at a key level is formed
Current price action is at the daily 38.2% fib level right now as well as weekly resistance, if price confirms a reversal here it would solidify a daily double top pattern
Ideally we would like to see a strong bearish signal from this current level or even at the daily 61.8% fib level around 70.80 which has even more confluence which includes: daily resistance, & the 200 ema
We are looking to target toward the daily -27.2% fib level around 65.25
BUY. 400PIPS! SWING#1Hello guys my name is Furkan Azak. I am a forex/crypto/future trader.
I am more then 6 years active in the financial market.
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I will post every week:
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