CHFJPY → Trade Analysis | SELL SetupCHFJPY is creating symmetrical triangle and is moving in a descending channel near the upper boundary. The volatility of the price movement decreased when approaching the channel boundary. Price is approaching the previous high, where the market dropped.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity CHFJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Setup-sell
EUR-USD Local Short From Resistance! Sell!
Hello,Traders!
EUR-USD has made a
Bullish rebound from the
Support just as I predicted
In my previous analysis
But the pair is now retesting
The local horizontal resistance
Of 1.0705 from where
A local pullback is likely
Sell!
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GBPJPY(15min) BREAK AND RETESThello, currently GJ hit a price reversal number structure fib and am hoping for it to push down for a minor structure sell, but that will happen if the major and minor trendline are broken this is minor structure sell mainly for scalpers, only enter if your confluences are aligning accordingly.
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EURJPY 27TH marchOn our EUR/JPY chart, I am expecting the breakdown of the higher time frame structure to persist, resulting in an overall reversal of price. Last week, the euro index weakened after being in an uptrend, while the Japanese yen has been performing well for several weeks. This could create an opportunity for a short trade setup for this currency pair. I will be closely monitoring the areas of supply to determine if there is any significant reaction. If there is, we will take short positions, aiming for our recently formed swing low.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading
VIX Risky Short! Sell!
Hello,Traders!
VIX went up sharply and is now
Retesting a falling resistance line
From where a pullback is possible
But because its VIX which grows
Much faster than falls
The short is risky therefore
Use small portion of the account
For this trade!
Sell!
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AUD-NZD Will Go Down! Sell!
Hello,Traders!
AUD-NZD was trading in a local uptrend
But then the pair hit a horizontal resistance
And after that, a bearish breakout
Of the rising support happened
So we are now locally bearish biased
And we think that a move down is likely
Sell!
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✅USD_JPY SWING SHORT🔥
✅USD_JPY will be retesting a resistance level soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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EURJPY CLOSED MANUALLY FOR +40 PIPS PROFIT!Good morning traders. As we spoke on our last analysis post. We entered a few positions first thing Monday morning and one of those positions was EURJPY. We've been chasing this pair for a while now and profited massively last week on it. We entered another position yesterday and profited a further +40 PIPS which was a big gain. We currently have one more position running from yesterday and we are currently looking for further setups to enter today.
Have a great Tuesday and we will update you on further positions later.
*GBP/CAD* Entry and ExitBuy IF: candle closes above the 0%. Take profit at -27% level
Sell IF: candle closes below the 38.2%. Take profit at 61.8% level
Note 1: (optional) For a better entry, wait for the candle to close above or below the mentioned level, and wait for the candle after to retrace back to the fib level. Enter on or close to the fib level.
Note 2: The profit target must not be touched. If the candle jumps/drops and hits our profit target before closing, then our entry is no longer valid and we should wait for the next opportunity.
Good luck!
EURCAD | TF: H1 | BearishThis current trend has been very similar to that of the previous head and shoulders pattern. As seen with the arrows on the left side of the shoulder, both trends acted and pullbacked in the same manner as shown. Therefore, we're expecting the price to reject and retest at the support, then break it, possibly forming rebounding off the support.