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Patterntrading

USDCAD LONGSOff the daily, its not a rejecting pb. Its in the middle and hence a reaching pb. The daily candle is bullish after London session. Makes sense to look for longs on ltf. On h4 , look left and a previous swing low was taken out. This shows a strong origin. On m15, a good number of previous lows have been taken out(More than 2). This indicates a strong origin. We notice bullish momentum to a point that has been touched previously taking out the pre existing orders as the market ranged around that area and we expect a RTO. The Buy order is executed with tp at 50% of the origin and sl at the previous lowest low of the current m15 market. An extra order is added on m1 time frame off an order block and the trade is pyramided for maximal returns. Now we wait to see the trades results. Our work is done as as retail trade analysts. Now we wait. See you on the next trade ideas ladies and gents. Share & follow if this was of value.
Long
by Abraham_Tradez
2
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY - EURJPY currently has an UPSIDE BIAS. With JPY WEAKNESS, XXXJPY CURRENCIES are being BUYED very fast right now. MARKET RISK is still being OFF. VIX IS DOWN, XXXJPY CURRENCIES BUY VERY FAST WITH JPY WEAKNESS. Maybe the EURJPY 147.69 LEVEL can be reached and BUY higher.. 147.69 is a very good resistance level.. - Some NEWS coming for the USD will help to weaken or strengthen the EURO. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK. EURJPY can sell at 140.110 level before BUY.
by benny_marshall
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#NZDUSD - NZDUSD has been going down very fast in recent days. The reason for that is because of the VIX UP and the strength of the dollar. But because the MARKET RISK was ON in the previous few days, COMMODITIES also went UP very fast. Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week. For that, the influence of USD was very strong. Fomc update also affected it strongly this time. - Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly. - Anyway, NZDUSD can sell further until it reaches 0.5472 LEVEL.. After that, you can BREAK the TREND LINE and move to the NZDUSD 0.5875 LEVEL. Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
by benny_marshall
NIFTY 50, LEVELS!!!this levels are based on the my analysis. when the makret consolidates meaning comes in a range after some big move, a great support and resistance lines can be formed. levels can also be formed, where and which level did market respect based on opening and closing time. market giving respect meaning both buyers and sellers had agreed to that level. i will soon post the patterns, and those trend lines formed by nifty. so stay connected!! i have not drawn levels from 16828 till bottom. BECAUSE I DONT BELIEVE MARKETS WILL GO DOWN, this analysis is been posted and you can check in the link sections
NSE:NIFTYLong
by raghavchoudhary2016
ATOM COSMOS INVERSE HEAD AND SHOULDERS!! 10% PUMP INCOMING!!Looking at QNT and Matic which have found their bottom its seems like we are getting a bit of relief rally in other altcoins. I have noticed a few with an inverse head and shoulders Pattern. Matic also had one and it played out. Possible 10% profit if it plays out with ATOM. No financial advise though :) It will be better confirmed if we get above $13.089 and use it as support. If this plays out I will be taking profit around $14.00.
ALong
by Luckyjimbob111
2
USDJPY - FURTHER JPY WILL STRONG OR NOT ? WHAT'S GOING ON UJ?#USDJPY - USDJPY is currently selling. The reason for this is the intervention of the BANK OF JAPAN for the JPY. With US ECONOMIC DATA being POSITIVE, UJ BUY was very good until last week. And FED UPDATES were very POSITIVE. So JPY went down automatically in previous days. But with the intervention of the BANK OF JAPAN, there is now a very good demand for YEN in the market. - At the moment, the MARKET is taking a bit of RISK OFF, that's why the JPY is going up. According to the USDJPY ANALYSIS we gave earlier, the USDJPY UPSIDE WAVE is going UP around 110 ++ PIPS. I hope you get it. It went down very fast before our TARGET. - There is definitely a high chance that USDJPY will go UP a bit more and move to 145.91 LEVEL. The reason for that is because the MARKETS RISK OFF is already happening, so it can happen. After that, the USDJPY price can break the TREND LINE and go up to 140.71 LEVEL. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD - Currently, the market sentiment for EUR is slightly on the DOWN SIDE. The main reason for that is because of the FOMC MEETING held yesterday. Due to MARKET RISK OFF yesterday, all MARKETS including STOCKS and COMMODITIES were slightly DOWN. If more rate hikes happen, it will definitely affect the US dollar in a big way to strengthen it. - Definitely, according to the market structure, EURUSD can go down to the support level below. There is currently a DOWN SIDE BIAS in the MARKET for EUR. Accordingly, EURUSD can go down to 0.9703 LEVEL. And after that, if the MAIN CHANNEL is BREAKED, the EURUSD PRICE can be BUY to the 1.0340 LEVEL, if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.
by benny_marshall
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY - According to the GBPJPY analysis we gave the previous day, the GBPJPY DOWN SIDE WAVE went very well. The reason for that was FUNDAMENTALLY STRONG JPY and STRONG MARKET SENTIMENT. XXXJPY has been selling very fast since last week. - JPY has become somewhat STRONG as VIX is slightly UP. Due to this, STOCKS and XXXJPY CURRENCY were slightly SELL. GBPJPY also SELL because of that. But now there is a RISK OFF BIAS. So GJ can still be SELL. - Currently GBPJPY LONG TERM can move up to the LEVEL 164.70. Also, if GBPJPY STRUCTURE BRAKE, it can move up to 149.09 LEVEL. Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT.
by benny_marshall