EUR/USD bearish bias to 1.1400 next...EUR/USD as of lately has been relatively bearish on all timeframes trending south on a daily perspective. The next port of call for the pair seems to be firmly at 1.1400 heading into the final stages of this trading year.
Whilst 2021 hasn't been so kind to the EURO, once we fulfil the base at 1.1400, this pair may struggle to go much lower and form as a base for the coming year.
We will be posting and getting more active on here providing more analysis and educational tips so stay tuned!
Pips
💡Are you ready to receive 300 pips of profit?💡We are in a great position to make a very good profit. It seems that the usdjpy currency pair is forming a very large head and shoulder, which is currently being formed in the first stage of the right shoulder, and in the coming days the pattern can be completed. Be sure to monitor this currency pair and sell in the right position in the coming days.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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AMZN D1 - Short SetupAMZN D1
Slowly rejecting this $3500 price here on Amazon stock, wick rejection on Friday close and then a bearish rejection during Mondays session.
We have measured 3.5R down to the interim support/resistance price of $3185. A break of this support could take us down to 2950. Ultimately extending the reward potential to just shy of 6R.
EURGBP H4 - Long SetupEURGBP H4
Another GBP pair we are following, but we are a little distance from our entry point, huge rallies for this pair last week as EUR gains and GBP dipped due to economic circumstances and data point releases.
0.85 is a huge psychological number which we can look to play from that's played out nicely during recent trade.
QUICK PIPS ON NAS100!!!pretty plain and simples here guys...
1. an upward trendline got broken so is now invalid and and market is going to test my other upward trendline
2. after the breakout of the trendline price broke through a level of support and is now currently retesting it which is when we can enter trades
3. TP is set at the H1 upward trendline
GBPUSD BUYok ok so GBPUSD...
1. it has recently respected a significant level of support, weekly support at that
2. on the H1 it showed some strong rejection and a bullish head and shoulders pattern signalling a reversal
3. once neckline breaks i'll go long on this pair with targets set at the downward trendline formed on the DAILY
GREAT SUCCESS!!!
EURGBP H4 - Long SetupEURGBP H4
Another really good opportunity here for EG longs, we sold off from 0.85080 down to around 0.84770, pulled back and then since we have seen the second wave downside.
Hopefully we can find support around this region so we can look to execute long orders back up to that 0.85 region.
S&P500 D1 - Long Investment DCAS&P 500 D1
Fresh highs set here on S&P yesterday too before US stock market close. Significant gains and performance. The DCA instruments for new stock/index fund investors. The go to!
If you're looking to invest your first $100, this is something I'd consider looking at!
GBPJPY H8 - Short SteupGBPJPY H8 - Short Setup
We bounced as much as 1.5R this morning, but as mentioned in the technical rundown, we are starting to lose bullish momentum. Each time we pull to support (seller control), buyers can't seem to bounce any higher.
Typically signals a possible bear break in the pipeline, very similar to what we have marked on BTC.
Our confirmation is a break and retest of support, confirmed seller break and market relief for short entries down to 153.
EURGBP H4 - Short SetupEURGBP H4
We eventually saw a break of that 0.84200 support price as we expected and subsequent retest, the short to follow that offered a solid 3R even with just a short 15 pip move.
EURGBP isn't a big mover in terms of daily pip range, so not a bad pair for those looking to trade slower market environments.
Actively looking for shorts from that 0.84600 price so we can replicate shorts from last week, don't fix it unless it's broken.
BTCUSD D1 - Long SetupBTCUSD D1
On fire, good week and weekend for BTC and other cryptos. Threatening to set new ATH's as we approach our top end resistance price of $63k.
Awaiting a break and retest before entries for both investing and trading.
We could see some rejections here back down to $50k, this would justify a more healthy correction from the rally starting from $40k, but lets see what happens.
Where Next for the USD - DXY Technical levels USD trading inside the Ascending channel and currently at the Mid Point
will it be a break to the upside or a pullback /
FIB levels marked for Upside resistance and downside Support zones .
Always know your invalidation and have a trading plan
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