AudUsd Potiential Head&Shoulders (Swing Trade Idea)
When market reopen, we can look for a proper entry.
Sellopportunity
Week 47: ZSF 2021 Short OpportunityWeekly analysis for ZSF2021
Week 47: 16 to 20 November 2021
After a long rally, retracement was formed (in a mini down trend channel) and it broke to fill the Supply Zone.
There two ways to trade this formation:
(a) Aggressive Mode
Solely based on the Price Action and we can reap better Risk Reward Ratio by sacrificing a small risk.
Sell Limit at $1,153
Stop Loss at $1,160
Take Profit at $1,124
RR = 4.14R
(b) Conservative Mode
We wait for the confirmation to enter, it is a very safe trade with a decent ratio.
Sell Stop at $1,139
Stop Loss at $1,152
Take Profit at $1,124
RR = 1.31R
Use your own judgement and risk factor to decide.
My personal opinion, this week ZS will have a rather big movement and from there it will be many ranging days ahead.
If you are familiar with "Cancan Setup", you may know what I am referring to.
Disclaimer :
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee.
As always, move your SL when you are in the profit zone.
Major Trendline Break expected in USD CADHi Traders,
It seems USD CAD found some critical resistance and is now testing the trendline in the daily timeframe. A break of this trendline can result in price testing the immediate support at the marked zone (Green). This move can result in some good short positions in the lower timeframes. So we suggest adding this pair to your watchlist.
For queries pls comment below...
Happy trading.....
Silver. Another decline coming (1hour chart)Hello traders,
I expect another decline for Silver with target between $19 and $20. If my analysis is right i think price won't go down any further because we have a WXY (corrective pattern completed ) where Wave (W) is a ZIG-ZAG Wave (X) is a triangle and Wave Y is a 5 wave Impulse decline
Thought on ETH/USD??Great Rising trader!
ETHUSD is looking to have some drawback to the key area on my chart. I expect price to reach the key area, and rise for a nice profit on this beautiful Saturday! If you take a look at my chart on the daily time frame price broke out of the ascending channel that it was in, and moved towards the bears. This is just a thought that I am sharing ; what do you guys think will happen? I am going to set a sell stop or buy stop according to what price does, and ill be updating my post as everything unfolds. Enjoy the rest of your morning!
Do me a favor and Like the post, and also leave a comment if your also trading ETH/USD this weekend.
****LOBFX Master Educator: Christian Jones
IG: CM.J11
Facebook: Christian Jones *message me here
AUDUSD SHORTHello Traders,
Check this out, LIKE and FOLLOW for more.
Based on DXY gaining bullish momentum, there is a possibility AUDUSD will short from the D1 resistance after the formation of this double top on H1. DXY
AUDCAD, H4 sell set upWe continue on profits from November 26th last week. I may find an entry for those who are not on the trade. Stay alert!
Remember always to have good risk management
Good Luck!
GBPAUD counter trend oppertunity..........You can open e sell entry from there...
I am waiting for a confirmation to sell, that's why I trade "sell Limit"
Good luck
GBPAUD SELL OPPORTUNITYThe Pound has been showing a lot of weakness last week, I still seeing the pound being appreciated this week as well, breaking important levels of support leads me to believe price will continue.
CADJPY SELL OPPORTUNITYWith USOIL showing big signs of a Seller Market Technical wise, Oil is a major part of Canada's Economy. I want to see price break its recent support and begin looking for an entry after breaking below the Major Swap Level.
Sell eurnzdMarket break the range in downside between two blue line....
Now i expect that market will go down trend.....
There is 2 TP lebel....
After reaching the TP—>1 close half of your lot size... and move SL to the entry lebel...
And wait for reaching TP —->2
NZDUSD Sell opportunity !!NZDUSD has been oversold last week as a result of the Disappointing employment data weighs on the NZD last Wednesday and AUD new release. The pair will probably continue its bearish movement to lower lows near the 0.67 blue area and the 0.6650 . Also this pair is trading below the 0.50 fib so we can expect no retracement for the next week if it breaks also the 0.618 fib area near 67,20 .
GBPCAD short IdeaHi Traders,
GBPCAD is ranging and struggeling since weeks and now at upper line of the range.
This give us a good opportunity to go short with a good riskmanagement for this trade.
Let see how it palys out.
Have a good trading week.
GBPCAD ShortShort On GBPCAD based on several reasons
#1: Test of Resistance TL
#2: Double Top Pattern
#3: Test of Broken neckline of Double Top pattern
#4: H4 Engulfing Price action candle pattern confirmation
