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The bullish perspective CADSGD has seen an interesting 4 years we have been range based from 1.00-1.10 with our last trim to 1.00 being around last April. Since then we have seen 3 Lower highs (LH) form in the market around key areas of 1.10, 1.075, 1.50 From its last test of 1.00 the market has seemed to gain speed upwards with the trip from 1 to 1.0475 taking 105 days at a 4.73% increase and a 165 days at 6.15% increase from 1.25 to 1.75 We have seen this market has broken 2 lower highs and seems on pace to be reaching the 3rd. Keep a look out for price reaction around 1.10 is we can find support above 1.110 we could be looking at a value low 1.10 value high 1.20
Long
by RobinhoodFX
GBPCHF - Bullish ViewIn this weekly analysis about GBPCHF, I will share a simple strategy but yet powerful enough to give all of you decent profits. First before explaining further, you all should know that trading is a game of information. And a game always related to a probability. Meaning every party involved in the game can not make sure that they know for sure what will happen in market. Everything analysis made will give you what probability higher than others to happen. Like if you walk out of your house and want to go to do shopping. You know what route you will take to deliver you to your favorite market place. You also know what vehicles you should take to make your journey more comfortable and faster for example. You also know how much money you should take to do your shopping, and what things you should buy. But do you know what will happen to you during the journey to the destination of market place you want? Perhaps, you will get stuck in a traffic jams or you will find difficulty to get place to park your car or you will find annoying people or meet people you do not want to meet or bla bla bla.... There are so much probability you will have. This world like that and including the trading itself. So, you have to realize this , if not you will get to the wrong purpose to find a precision trading system that you will never find in this world. Back to the GBPCHF, after breaking out 1.22866, this pair undergo a very well non volatile bullish trend and then this trend changes. Now market is "pausing" and take breath. Forming a box range correction. So, the trading strategy in this kind of correction obviously difference than the last. So, what should you do? First, you can wait until this correction finished by seeing market breakout the last resistance (1.29660) and jump to market after that (scenario 2) Second, you can trade carefully inside this correction structure as a buyer. Meaning, you wait patiently on support and find a chance to buy on it if market near or at this support. And then riding the upward movement after that (scenario 1). The target already shown in the chart. Okay, good luck then.
GLong
by Jee_D
AUDUSD PRE-MARKET ANALYSIS MARCH 14, 2021OVERALL TREND: BULLISH ON DAILY AND WEEKLY As we can see on the 4H TF, the market is at a corrective movement following a slight uptrend across a major key zone. Taking into consideration we broke into newer lows shown on the vertical zone. We have 3 options to go from here. Either price hits and retests zone 1 which acts as resistance to push the market down, breaking the trendline towards the downside, and hits the support level zone 3 which is a strong support level, and continues bearish. Depending on where the market goes, we have a short opportunity at key zones 1, long opportunity at key zone 2, or both a potential long or short entry at key zone 3, depending on what price shows at the 1H TF.
by Trader_366_FX
ETHEREUM CONSOLIDATING WITH A TWO WEEK TARGET TO POPMarch 11, 2021 I shamelessly deleted my bottom ascending trend line on this ETHUSD pairing to adjust for some near-term, bullish, consolidation that is happening. This consolidation is making the price-target higher, but pushing out the timing. On this 4hour chart, closing candles are holding the 25day moving average, and wicking down to the 40day moving average. I drew that squiggly green arrow for reference only, to help visualize the idea. I doubled-down my 2X leveraged position last night during the mini consolidation "dip", decreasing my liquidation price. Feels good. I'm currently still "in-the-money". Now looking at the 2200 - 2700, still, within the next two weeks. Let's see how this plays out. Hit the LIKE and leave a comment! All the best, Happy and safe trading, - Cryptmando March 11, 2021
BYBIT:ETHUSD.PLong
by Cryptmando
1
EUR/JPY is looking like a possible reversal at 130.50...Prior EUR/JPY chart: BoJ source report suggesting that more tolerance around the 0% central target for 10 year JGBs may be looked at in the upcoming policy review along with bigger reserve exemptions from negative rates. Meanwhile, hefty 1.2 bn option expiry interest at 108.50 may underpin Usd/Jpy, while Eur/Usd could be hampered by 1.1 bn rolling off between 1.1915-10 at the NY cut having faded into last Friday’s pre-NFP high (1.1977) and Aud/Usd will at least be aware of 1.1 bn spanning 0.7725-10 even though the spot price is considerably higher at present. EUR/JPY is looking like a possible reversal at 130.50 may happen over the next couple of days. Price may fall sharply off this level.
by FTUKcom
NZDUSD Local S/R| Swing High| .618 Fib| Price Action Evening Traders, Today’s analysis – NZDUSD – Trading below current Local S/R where a rejection is probable, Points to consider, - Price Action impulsive - Local S/R Resistance - .618 Fibonacci Resistance - Oscillators Neutral NZDUSD’s immediate price action is impulsive, trading below its Local S/R that has technical confluence with the .618 Fibonacci, allowing for a short bias. The current Oscillators are trading neutral in their respective bearish control zones, remaining in these regions is indicative of weakness. Volume Profile is currently below average, an influx is needed when a true expansion occur to help avoid false breaks. Overall, in my opinion, NZDUSD is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “The expectation that you bring with you in trading is often the greatest obstacle you will encounter.” ― Yvan Byeajee
Short
by AzizKhanZamani
5