Get started

Priceactionstrategy

AUDJPY: Your Trading Plan 🇦🇺🇯🇵 Update for AUDJPY. The price was nicely rejected from a resistance line of a falling parallel channel on a daily. To short with a confirmation, pay close attention to 92.4 - 92.55 area. It is a neckline of a head and shoulders pattern that I spotted on 4H. Wait for its bearish breakout (4H candle close below), sell aggressively or on a retest then. Goals will be 91.9 / 91.3 If the price sets a new high, the setup will become invalid. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
2
AUDJPY: 2 Scenarios Explained 🇦🇺🇯🇵 Very peculiar situation on AUDJPY. The market is trading within a falling parallel channel on a daily and approaching its resistance at the moment. Depending on the reaction of the price to that, I see 2 potential scenarios. Bullish If the price breaks and closes above the resistance of the channel, it may initiate a bullish continuation. Goals will be 93.7 / 94.5 Bearish The market may also drop from the vertical resistance. To short with a confirmation, watch a bearish flag pattern on a 4H. Its bearish breakout will trigger a bearish continuation to 91.9 / 91.6 Wait for a breakout and follow the market then. What do you expect? ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
2
USDCAD LONGUSDCAD looks very bullish. We can see that by looking at the bigger picture, the pair is in a nice strong uptrend. This can be confirmed with the breakout of a counter trendline as well as price action turning bullish with breakout of our key level being the lower high. We are expecting to hold trade for around 3-4 weeks. We are looking to make between 10% to 22% on this trade depending on how far price goes in terms of our targets being T.p 1 to 3 at 2% risk per trade.
Long
by NDOBObanks
USDJPY: Your Trading Plan 🇺🇸🇯🇵 USDJPY is approaching a horizontal daily supply area. To short the market with a confirmation, watch a head & shoulders pattern on 4H. 135.95 - 136.35 is its horizontal neckline. Wait for its bearish breakout - 4h candle close below, then, sell aggressively or on a retest. Target will be 134.28 If the price sets a new high, the setup will be invalid. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
6
GBPNZD: Consolidation & Indecision GBPNZD is consolidating within a narrow horizontal trading range on a daily. After a sharp bearish impulse, the market is coiling for the entire month. To catch the next bearish wave, watch 1.9125 - 1.92 horizontal support. Wait for its bearish breakout (1h candle close below that). Sell aggressively or on a retest, then. Next support will be 1.889 Be patient and wait for a breakout. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
2
GBPJPY: Important Breakout 🇬🇧🇯🇵 GBPJPY was steadily growing within a rising parallel channel for the last 3 weeks. The market reached a key daily structure resistance on Friday. Bears started to push heavily from that and the price broke and closed below the support of the channel. It will trigger a bearish continuation. Next supports: 166.3 / 165.3 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
5
Is The gold Market About To Collapse?!In the early Asian session trading it looks like Gold is respecting a 3 month key level... offering a great opportunity for a high risk to reward trade. These key levels when respected, get huge price momentum and are the catalysts for long multi year trends. Could this be the start of a new one? In our analysis we break down from the 3month to the 15minute timeframe and show all of the potential key levels Gold can trade into. Let us know your thoughts below.
OANDA:XAUUSDShort
by JoelWarby
2
GBPUSD: Detailed Technical Outlook 🇬🇧🇺🇸 Here is my technical top-down outlook for GBPUSD. The pair has recently broken a major falling trend line and a solid horizontal supply area. The broken structures turned into supports now. The closest resistance that I see is 1.168 - 1.174 area. Analyzing the intraday perspective, I spotted a falling wedge pattern on 4H time frame. I believe that the next bullish move may initiate after its bullish breakout. Monitor the underlined green supports for buying opportunities and look for a confirmation on lower time frames. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
10
EURJPY LongList of confluences: 1: Falling Wedge Breakout 2: Trendline Breakout 3: Key Level Breakout and Change in Market Structure When looking at the larger time frames, we can see that EURJPY remains in a uptrend. We have also seen the market pull back which signalled a chance to enter in the direction of the bigger picture trend. We have listed 3 reasons as to why we will be looking to Buy/Long the pair. We are expecting a potential return of between 12.12 % to 24.24% at 1 - 2 % risk per trade.
Long
by NDOBObanks
USDCHF: 2 Scenarios Explained 🇺🇸🇨🇭 Update for USDCHF. The price is currently approaching a key daily structure resistance. Depending on the reaction of the price to that, I see 2 potential scenarios: If the price breaks and closes above the underlined blue zone on a daily, a bullish continuation will be expected to 1.02 Analyzing intraday time frames, I spotted a triple top formation on 1H time frame. 1.0036 - 1.004 is its neckline. If the price breaks and closes below that, I will short the pair. Targets will be 0.9985 / 0.9935 Wait for a breakout, then follow the market. What do you expect? ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
8