Long idexOpen long on breakout of range at 1.15 with stop at 1.08. Intent to sell 1/2 at 1:1 r/r and trail the rest with a moderately lenient stop out.
Reversalpattern
USDCHF | Perspective for the new weekThe identification of a reversal pattern on the 1H time frame could be a signal that awaits confirmation for a bullish continuation going into the new week.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
XAUUSD | Perspective for the new week | Follow-up detailsWith a new key level identified at a $1,920 area, having an open position above this level appears to be reasonable considering the present structure. See the link below for my thought process prior to the decision to buy the Gold.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPCHF | Perspective for the new week Price presently evolving out of the demand zone identified on the 4H time frame coupled with structures identified on the lower time frame suggests a bullish potential in the nearest future. Let's see how price action plays out in the next couple of hours! Cheers
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
CHFJPY | New PerspectiveQuick one!
Similar scenario with what we have on the EURJPY... It seems to me that the Japanese yen is getting some traction with the fresh new month hence it's worth considering other JPY pairs for opportunities.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EOSUSDT time for the reversal?The price created a huge descending channel on the daily timeframe and retest the daily resistance on 1.8$ and created a triple bottom on it.
On the 4h timeframe the price is trying to have the breakout from the monthly resistance on 2.2$ after a breakout from the daily static resistance and dynamic one.
How to approach?
The price needs to confirm the reversal with a breakout with volume above the supply zone on 2.3$.
IF the price is going to satisfy our rules, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
EURCAD ReversalEURCAD is approaching a major reversal. We've seen price action take a dive into a liquidity grab and continues to trade lower. I believe this is an attempt to dip into the reversal zone which has been a major sign of an up move. However if price doesn't immediately retract upwards, we could begin to expect it to fall through and take shorts. We can play both sides of the market but I am mainly looking for buys into this zone.
EURJPY False Breakout Resulted in LossLook at the strong uptrend on EURJPY. It is strong and constantly makes a series of higher highs followed by higher lows. Finding a profitable trend reversal in these kinds of strong market conditions is hard and at the same time, it is much riskier as well.
Therefore we should be careful in these kinds of market conditions.
Now according to the above chart, you can see that the EURJPY was in a strong uptrend and the occurrence of the double top pattern clear shakes the bullish momentum and this is where we got interested in this trade.
After the double price was never able to make new higher highs and RSI also shows a massive divergence indicating buyers are losing their momentum. Right after that price ended breaking below the local structure level confirming the market reversal.
This is where we placed a short trade and as you guys can see, right after the trade entry, the price ended up moving against us and hit our stop loss for negative -0.5R, in percentage it negative -0.25%.
Price Action Analysis of JPPOWERNSE:JPPOWER did a breakout in January 2022. Price retraced back to the weekly support level with receding volume. It's showing signs of reversal as buyers are stepping in and volume is increasing. Price could reverse from here and will continue uptrend.
US500 4583.4 LONG IDEA + 0.58 % * PRICE ACTION & REVERSAL 📈📉💡HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS NEXT WEEK ON US 500.
The index opened the week with a bullish rally since it broke out of that descending channel .
* The index is still strongly bullish looking at momentum to the up side, but what goes up must come down as we definitely seeing a slowing down in momentum currently.
* Now since we where in a bullish rally we are currently in the formation of a bullish flag that could possibly see the formation of a double top before reversal other wise break below triggers.
* Break above of structure cancels the whole set-up.
- looking for reversals with the bears see below.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
AUD / USD 0.74905 -0.24 % SHORT IDEA * REVERSAL PATTERNS 📈📉💡⚓HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE AUD / DOLLAR
* The PAIR has been trading in a Ascending channel , just tested the roof of this structure creating a double top at resistance level now in a delay range possibly signaling a shift in momentum.
- Short term the pair is in a up trend on lower time-frames as we see break above's even on the 4h chart this, but it is definitely showing signs of weakness towards the upside as we had a double top formation signaling possible reversal.
- Looking for short entries on the THE PAIR going into week should all the rules of the formation be met.
BREAK ABOVE AND BULLISH MOMENTUM INVALIDATES THE SET UP.
scaling down
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
AUDCAD | New PerspectiveA potential bullish momentum is identified within a critical supply zone.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
NZDUSD | Live position review | UpdateStoploss hit with around 30pips profit. Price is currently back into the neckline of the reversal pattern identified in the 1 Hour time frame and we are expecting a trend continuation to the downside should the price goes as planned. Cheers!
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
CHFJPY | New PerspectiveIt has been strong bullish momentum in the last couple of weeks and it appears we might be heading for a retracement in anticipation of a trend continuation to the upside. In this regard, we are hoping to take advantage of a counter-trend opportunity if it finally happens. A reversal pattern is identified on the 1H time frame and a signal is confirmed considering the broken neckline. At this juncture, it is advisable that we wait and see how the price reacts to the neckline.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
AUDUSD | Perspective for the new week AUDUSD appears to be at risk of further decline in the nearest future as price action is currently oscillating within a supply zone on the weekly time frame. Find in this video what my thought process is prior to making a decision on this pair.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPUSD | Live position review | Follow-up detailsPositions closed at break-even and the structure still appears to support bullish momentum. Pending order placed as we look forward to bullish momentum.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
NZDUSD | Live position reviewWe have moved stop-loss to 25pips from entry as we continue to monitor price action. Thank you
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
NZDUSD | Perspective for the new week | Follow-up details45pips running in profit at the moment (link below for reference purposes)... I still expect a retest of the neckline to incite a further decline in price. I shall keep you posted
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EURNZD | Live position | UpdateWe are currently in 200pips profit as price action moved exactly as projected in our analysis yesterday (see link below for reference purposes). Let us continue to watch and see if price action has the tendency of moving further up in the next couple of days... cheers!
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPUSD | Live position review | Follow-up detailsRemember we identified an inverse head and shoulder structure during the course of last week's trading session and we have been waiting for close to a week for the price to incite the reversal move. In this video, we have identified a set-up that appears to guide us into the potential wagon of bullish momentum but this requires a very conscious approach considering the long term bearish perspective on a higher time frame. You might want to see my previous analysis in the link below for a better peep into the thought process behind this.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
XAUUSD | Perspective for the new week | Follow-up detailsWith over 700pips running in profit, it still looks ambiguous as sellers appear to be limiting the buy orders at this juncture in the market. Remember that a breakout of the key level at $1,945 still remains our yardstick for bullish momentum. Good evening
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EURNZD | Perspective for the new weekThe appearance of multiple rejections at the 1.576 area coupled with a temporary breakout of the key level at 1.582 makes this zone a strong demand level. It is appropriate we remain patient as we look forward to a rejection of the key level for confirmation.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
NZDUSD | Live position reviewThe identification of a reversal pattern around 0.695 area is a signal that there is a risk of a further decline in the price of the Kiwi. Find in the video how I intend to take advantage of the potential downtrend. I thought I publicly shared a publication on my bearish bias but unfortunately, I do not have it anymore, please bear with me.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
