CAD/JPY Full Analysis + A Price Action Sell Setup CAD/JPY Full Analysis + A Price Action Sell Setup
CAD/JPY Full Analysis + A Price Action Sell Setup
Sellsetup
Keep it in your watchlistApparently price is forming a interesting bearish flag. I have no position here, earnings coming up on the 25th. Let's wait and see how the market reacts to earning call and then will see what to do.
GBPAUD Short Trade Idea There was a short trade opportunity recently on the pound-aussie trading chart 📉 after price rejected the confluence of the 1.92279 horizontal resistance level and the upper line of the parallel channel.
This is indicated by the bearish harami candlestick pattern just below the same confluence; there's even a confirmation of a downward trend 📉 by the next bearish candle after the signal candle.
If the downward price momentum is strong enough, the next confluence of the next horizontal support and the lower line of the same parallel channel could be tested.
A reward-to-risk ratio of 3.15 is possible with this setup; you could target over 2700 pips in profit...
Apply risk management in your trading.
Good luck!
GOLD 16/05 : Nice sell entryTVC:GOLD Gold prices push the lower line of a two-month-old bullish channel as XAU/USD traders brace for key US Retail Sales and debt ceiling negotiations among US policymakers.
However, the 200 SMA adds strength to the $2000 support, making it key for the XAU/USD bears to break before taking control.
Even if Gold prices drop below 2003$, the 2,000$ round figure could act as an additional filter south before heading XAU/USD towards mid-April lows around 1,975$ .
On the downside, a two-week-old descending resistance line, around 2,025$ at press time, protects the Gold price rally in the short term.
Following that, the previous monthly high near 2,050$ could test XAU/USD's upside momentum before directing the bulls to the recent record high near 2,085$.
It is worth noting that the top line of the stated bullish channel, near 2,095$ at the latest, stands ahead of a round figure of 2,100$ to challenge the subsequent Gold buyers.
Overall, Gold price is likely to move higher unless it sustains a breakout of 2,000$.
SELL GOLD zone 2024 - 2029
Stoploss: 2034
Take profit 1: 2019
Take profit 2: 2014
Take profit 3: 2009
CELERUSDT 1D ChannelCeler token has broken its demand area downwards in the 1d time frame and has completed its pullback.
The technical is ready to take the sell trade 🟥
make money ✌️
EUR/USD: 11/05. BREAK THE TREND TO BUY DOWN BEFORE PPI NEWSEUR/USD seems to be seeing more clear signs of rejection of the resistance that formed the top of the shallow uptrend channel from early January, with strong daily and weekly downside momentum.
The support below at 1.0945 has established a near-term top and we look for a test of the 55-DMA at 1.0835, ideally holding on a close. Even so, below will warn of a more significant potential downturn and test support at 1.0545/1.0488.
However, above 1.1098 would suggest we could see a final leg above our 1.1187/1.1273 core target – 61.9% retracement and March high. 2022. Our bias remains to look for an important top here.
Predict SELLING eur/jpy before tonight's CPIEUR/JPY remains up slightly as it consolidates the previous day's declines around 148.380 early on Wednesday. In doing so, the cross shows a bullish pennant chart pattern in the hourly shadow chart. , giving the recent confirmation score.
It should be noted, however, that the MACD line and the Relative Strength Index (RSI) (14) are slow to challenge the quote's upside momentum, alongside the immediate barrier at 148.40
Even if EUR/JPY buyers confirm a bullish pennant breakout, the 50 SMA around 147,500 could act as an additional hurdle before directing the pair towards its theoretical target near 148,000.
Conversely, a breakdown of the aforementioned pennant support line, near 147.500, could challenge the bullish histogram and possibly direct the pair towards the support of the line. SMA 200 near 146.400.
Nasdaq HTF, bears about to take over??Nasdaq has been creating Higher highs and higher lows, but we see price losing momentum as it approaches the supply area. LTF has already created a change of character, therefore I would not advise anyone to look for buying opportunities, rather look for selling opportunities as we are dropping to the unmitigated demand area.
All the best!!!!
Apply proper risk management.
XAUUSD 2023 YEARLY STRUCTURE OHLC [SELL SETUP🚨🚨 🚨]Please support this idea with LIKE if you find it useful.
XAUUSD
2023 YEARLY STRUCTURE
OHLC
Bearish divergence starting from 01 July, 2020 to current market Price in the monthly time frame.
Structure for this year is marked in red vertical line (January). Price opened high with April breaking above the open.
Currently have price consolidating below the sell zone 2017.870. A strong resistance is also in place 2080.140. Waiting for a TDI cross to confirm the presence of sellers in market .
Kindly target the yearly open 1931.722 as first Target after TDI crosses in the monthly time frame. Also find more entries in the lower time frame after this cross. Second take profit will be half of the “railroad tracks” at the open 1871.650
Trade with Caution.
Wait for valid entries.
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P A T I E N C E + D I S C I P L I N E
GOLD 12/5: Keep watching SELL to the price area around 2000Gold prices remained pressured on Thursday for the second straight day despite a weaker US economy. The reason may be related to the market rushing into the US Dollar amid concerns about the expiration of the US debt ceiling and the collapse of the banking system.
The news becomes even more important and negatively impacts risk appetite as the US Treasury has signaled the possibility that the Federal Government could default on its debt as soon as June 1 unless the debt ceiling is raised.
Gold prices confirmed the pennant break on Thursday, indicating a bearish bias in the metal. The metal's downtrend break also justifies the upbeat signals from the Moving Averages Convergence and Divergence (MACD) indicator, as well as the steady Relative Strength Index (RSI) line, is set at 14. TVC:GOLD
SELL GOLD zone 2020 - 2023
Stoploss: 2027
Take profit 1: 2015
Take profit 2: 2010
Take profit 3: 2005
BUY GOLD zone 2005 - 2000
Stoploss: 1995
Take profit 1: 2015
Take profit 2: 2030
Take profit 3: 2040
USD/JPY: 12/05. Bear attack, ENTRY SELLUSD/JPY hovers around 134.780 early Friday as it struggles to defend the previous day's bounce from a one-week low.
The recent escalation of market concerns around the expiration of the US debt ceiling and the collapse of the bank, seems to allow the US Dollar to prepare for its first weekly gain in three weeks while pushing US Treasury yields fell for the third straight week. Given this, USD/JPY's hesitation seems justified amid a mild calendar at home. OANDA:USDJPY
ICPif the line breaks with candle 1h we can look for open a short position and save profit in RR 2 that makes it risk-free, and close position in the next level of support
What Gold is exactly want to tell us ? Gold is making lower high in short term therefore we are looking 2038-40 range to sell. Meanwhile long term trend is bullish.
The expected trading range for current week is between 2007.00 support and 2045.00 resistance.
Open:
2024.000
Close:
2016.810
High:
2029.150
Low:
2019.370
You Need Some Milk🔻It has been consolidating for weeks now and we have come to the end get ready to see lots of sellers coming into the market💯
Bearish Eeclipse😎If your planning on selling Gold be patient don't get lost tryna go against market by going long on small timeframes wait till the market retrace to (((2027))the watch as the market fall like an earthquake📌
AUD/USD Is On The Way To Hit Res For The 3rd Time Time To SellAUD/USD Is On The Way To Hit Res For The 3rd Time Time To Sell
EUR/CAD Double Top Pattern Give Us A Great Sell Trade don't missEUR/CAD Double Top Pattern Give Us A Great Sell Trade don't miss
Bearish eclipse😎It's time to go bullish momentum had been getting weaker and weaker since last week and now it's showing reversal patterns throughout the higher timeframes as well as the small Time frame
GBP/JPY BOOM +350 Pip Profit We Are Killing It Enter With Us NowGBP/JPY BOOM +350 Pip Profit We Are Killing It Enter With Us Now
BNB/USDT had another rejectionHey guys 👋
Let's get back to BNB here where we see how price had another pullback from upper resistance zone and now we are on the edge of a cliff just waiting for a free fall. So let's see how we will end up here.
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Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
CAD/JPY Yesterday Free Signal Hit +250 Pips WOHOOOCAD/JPY Yesterday Free Signal Hit +250 Pips WOHOOO
