Sellidea
EURGBP - Trade SetupHello Dear fellows, how are doing . i am fine and looking at charts and i found EURGBP is the Pair i should trade on that , and i will be looking for Selling Opportunity . Stoploss pretty affordable so that also + point .
I will keep updating here whether the idea is performing or not or positions adding Etc .
Take Affordable Risk . this is not your Last Trade keep in mind !
Best of Luck !
Gold short-term rise does not reduce the pressure of the FEDGold in the past week!
The news of the Wall Street Journal and the possible intervention of the yen at the end of the week caused great fluctuations in the market and caused the gold market to turn green. The market is looking for clues about these fluctuations to make sure, it has the power to join these fluctuations or the news.
The Wall Street Journal reported that some members of the Federal Reserve are considering slowing the pace of rate hikes after November as volatility and uncertainty grip financial markets. Therefore, many traders thought that it was the end of the Federal Reserve.
This week’s calendar is full of important news. First, we have the meeting of the central bank of Canada ahead of which the markets expect an increase in interest rates, but there is a difference of opinion about the amount of this increase. Meanwhile, in Europe, a 0.75% increase by the European Central Bank is almost certain and now the emphasis is on the press conference. Finally, we come to the Bank of Japan, where all experts believe that there is currently no plan to increase interest rates.
Considering the upward momentum of gold and the intervention of the Central Bank of Japan in the promissory note market, it is possible that we will continue to see growth in gold, but we do not suggest that you follow the gold market in order to buy. We are not yet at the end of the contractionary policy cycle and this could keep pressure on gold.
The short-term rise of gold does not reduce the pressure of the Federal Reserve in the market.
Although gold is at attractive prices, making it an attractive long-term buy, it will remain bearish in the short term as banks pursue monetary tightening policies and the Federal Reserve is not yet ready to turn around its policies, which supports the US dollar and will put pressure on gold.
Big traders think of buying gold only when there is no more pressure from the Federal Reserve and the growth of the dollar, and the first signs of this should be followed by successive reductions in inflation.
$1670 and $1680 is string resistance and $1620 is your support area
GBPJPY SHORT TRADE IF 167.8 HOLDS RESISTANCE!!Looking for a short to start the week if we see further rejection from around the 167.8 resistance.. very early in the week with London session still to come, we may create some momentum from there so no rushing into any trades... 166 immediate target with eyes on 160 if that can break...
EURUSD WILL WE SEE A SELL OFF!?! IDEALooking to see if price is going to fail its next attempt to push higher, if we do see a rejection and right shoulder ill be taking shorts. Remember we have fundamentals at the end of the week that can change things very quick so make sure you have stops set and if price gets to wild its probably best to just stay out!
AUDUSD WAITING FOR THE NEXT SELL OFF!!Waiting for a bit of strength out of DXY to continue the overall direction on AUDUSD as AUSSIE dollar is showing no signs of life just yet. As you can see I've highlighted an area ill be looking for entry's off the resistance of 0.65. Price should make a move down even if its short term but hopefully we can catch the long term trend continuation!
AUD/CHF - SELL IDEAEveryday I follow 30 forex currency pairs and share with you the best setups ready for swing trading.
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EURAUD Short trade ideaEURO looking weak across the board with multiple crosses having the identical move, we currently seeing a pull back from the long term daily downtrend. Around the area of 1.53 price has magnetized to this level a few times before, we have seen a major break through this level from been a nice support to now been rejected as a resistance area. Price also lines up with a nice 61% fib retracement so ill be taking short trades if price rejects this area once again.
ATOS: Selling rallies as lower prices are expectedATOS - Intraday - We look to Sell at 38.73 (stop at 41.72)
The medium term bias remains bearish. Trading within a Bearish Channel formation. A move lower has resulted in prices breaking from the previous range and confirmed our bearish expectation. The formation has a measured move target of 30.61. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 38.73, resulting in improved risk/reward.
Our profit targets will be 30.60 and 28.00
Resistance: 38.74 / 41.13 / 47.16
Support: 36.40 / 36.00 / 34.62
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Dogeusdt SellHello Traders!
Ready for a drop in Dogeusdt, It is at the resistance trendline and the market is turning back from This point.
After the breakout of short term supportive trendline, it is forming a correction which will break to the downside. If you miss the trade then find another correction below and jump in the trade.
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Previous Doge sell idea worked perfectly
BTCUSDT Trade IdeaHello traders!
Here is my trade idea for BTC,
After it breaks the short-term trendline we will see a drop again. The reason why I am expecting is that we can see a perfect retracement of 0.618% Fibonacci level and the Market was supposed to drop to a negative -0.618% Fibonacci level but it turned back earlier. So a touch to -0.618% is still pending and once it touches -0.618% we have another trade where it will retrace back to 0.382% to our entry and will drop to 0.382%.
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EURJPY - Short with 3 Drive3 Drive has been formed, we can take for short and expecting retracement/ pullback with H4 timeframe.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
GOLD/ XAUUSD - Triangle Pattern Opportunity to buy & sell within the triangle pattern.
Since this is the higher timeframe chart;
- there is a possibility that the trend will break the support zone without going up.
- or it will drop from the significant resistant before reaching to the supply zone/ sell zone.
- if the price is going to downtrend for longterm, then there is a high possibility that it will touch-down at the sell zone's supply before it started to moving down.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
XAUUSD - Daily Weekly HLHHLL PatternHi Traders, I suddenly thinking about this pattern. I'm wondering will this form completed? or crash my idea to look for sell on this pair?
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
GBPJPY - Daily & H4 AnalysisAm taking sell for now, it's whether drop before continuing uptrend or going up first then only drop from the sell zone above.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.