BTI - Reversal pin barBTI formed a reversal pin bar on the weekly chart last week. A close above last week highs could present a long idea. Long above R580 with R600 the first point of Resistance.
Pin Bar
GBPJPY considering that the price is at a strong resistance with so much confirmation the price will be short
short position closed at BEThe bearish engulfer never managed to gain its full momentum. Stops were moved to BE, which we hit earlier today... the lower time frames are showing a very clear flag. I am not looking to trade this for 2 reasons... the first of which is: We have lower volumes through the correction of the flag itself, however the hammer down candle right in the middle shows higher volumes. So structure is looking bullish, but price action is casting some doubt over this for me for now. Secondly: This is a 15min view pattern... Given the fact that the US Session will be slowing and seeing decreased volumes, this is unlikely to carry any real momentum overnight simply as there will be minimal fuel in the tank throughout the asian session. I am unlikely to trade this tomorrow as its NFP.
R100 big support level to watchSHP has held R100 more than once last week and managed to hold. Made a nice pin bar reversal candle on Friday as well so a long will trigger if we have a close above R102. First target at R105. Stop loss would be a close below R100 on the daily.
WEEKLY ANALYSIS AUDUSD! VULNERABLE NEWS AHEAD OF AUD! Good day traders! Hope you all are enjoying your pleasant weekend! Take some time to clear your mind and come back stronger into the market again! Everything will be alright!
AUDUSD has rejected to move higher on Friday and closed in bearish pinbar candlestick under weekly candlestick. The upcoming week will be a challenging week ahead of AUD as major data and news will be announced. Therefore, expect AUD to lose some strength.
A push to the downside is most likely to happen and ideally to retest the trendline which lies at 0.7043.
Do enter the trade with your own risk management control. It's not about you versus the market, it's always you versus yourself.
Happy trading!
EURGBP POTENSI UP H4 EURGBP H4 membentuk bullish pinbar - dan ketahan di support trendline...
selengkap nya silahkan liat chart.
AUDNZD 4hr bullish butterfly and hammer combination longThe dollar had been fluctuating a lot for the past few days,
it's not a bad idea to look for some minor pairs' trading opportunity.
Here we got this AUDNZD bullish pattern,
I'll be willing to take the breakout long on the hammer.
Let's see how it goes yo!
GBPUSD Excellent Long Trade 1HConfirmations:
Price is touching the strong support zone.
Price is gaining momentum near the trend line.
Price is also near the 6.18 Fib level.
We got a bullish pinbar candlestick confirming our entry
BANDHAN BANKToday bandhan bank has been made a pin with double bottom.this is double confirmation that will be gone high upto 410, 425 with SL@374.
AMD is going up!Hello traders!
With this stock my idea is to go long placing a target towards the price resistance previously formed. The reasons are:
- nice bullish pin bar
- Bearish momentum is getting weaker
- Stock price is in the green Ichimoku cloud
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
SE - opportunity to Long?? (warning: aggressive entry)This trade is not for the fainted hearted! Buying on a strong down day is almost suicidal.. although less so if it's a "calculated" risk backed by technicals. Hence this is more for technical discussion and not an "inducement to trade". :)
SE plunged to 50% fib retracement of the recent swing up, a nearly 14% drop all in 2 days! However as soon as it tested this level, it started to rebound forming a bullish pinbar on the hourly. Long @ 103.5 with an initial Stop @ 100.40 (just below pin bar's low), trail stops up if trades goes our way and expect to retest the recent high. Let's see if it works out.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
DBS - resumption of slow road to recoveryAfter hitting a high of 23.58 recently, DBS has been pulling back in the last 2 weeks cumulating to a low @ 20.63 yesterday but quickly recovered to close a bullish pin bar. Now it that has "successfully" tested the 50% fibonacci retracement of the recent swing up plus having worked off the overbought position to near term oversold now. It looks ready to resume the slow climb back up. (with stop loss just below yesterday's low 20.63)
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade adviDisclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.ce. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Bullish week ahead for USDCAD?USDCAD has been consolidating at the 1.35400 zone after making a falling wedge pattern on the 4 hour timeframe before consolidating and making high highs and higher lows shortly after, ending the previous day on a bullish pinbar candlestick rejecting the 1.35400 zone. We are likely to see the price going bullish all the way to the 1.38500 zone.
Thanks for viewing.
Comment with your thoughts I'd like to hear them.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
USDCHF 12/06/2020 BUYIdea
As you can see in my previous analysis here:
The market follows the analysis exactly as we expected.
Now on the daily chart we can see quite a nice candle, which is obtained by repelling a fairly strong resistance level.
Perhaps the better solution is to wait for the strength of the bulls to solidify, but I think with a stop under the last candle things would look good.
USDCAD
Im expecting the price to start going up from now, affter last week falling.
The price just break this trend line and is retesting now,
We have a strong rejection from the higher time frames and also a visible double bottom 📈 🙏⏳
GBPJPY - Bullish Deep CrabA counter-trend trading opportunity on GBPJPY for a buying opportunity. I'd engage this trade. The first target fall withing the sell zone of this timeframe.
Let's see how this trade rolls out.
OKTA - Bullish DivergenceLooks to be forming a Pin Bar today with possible Bullish Divergence. Long @ 179 now (or wait to long next day once Pin Bar is confirmed) with initial STOP just below today's low @ 173. Looking at potential move to retest recent high of 205.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
CHFJPY Beginning of Bullish Impulsive seems like the daily upper trend line has been broken and formation of bullish pin bar indicated that the lower price is rejected. so we are expecting that the market will go up.
