CAD/CHF SELLING FROM MARKET MAKERS PROSPECTIVE. Recent we see a break below in this pair.
right now market is trading in fair value gap level. we could see a retest the resistance line and it will down move to support level.
Setups
CADJPY- LONGTHE PROBABLE VS THE POSSIBLE
This is how I think going into trades. There's 2 scenarios to every trade and I like to prepare for both of them to optimise on the opportunities in the market. Here I'm looking for a LONG opportunity. But a SHORT could easily be in play. I'm looking for confluences to make this trade more valid and in my favour!
-Break and Retest previous level of structure
-Bullish candle closure
- A break and close above the 40EMA
-The Retest off of a fibonacci level.
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VISA INC chart analysis:On one day chart price is forming new high on the peak.
Below 186.36 confirm bearish.
The price has Strong internal support 186.36 near this level.
The volume declining but though, it has more volume then normal.
As it has a support price can move up.
If the price cross the 202.34 level it can still further move up-to 208.54
AUDCHF | TF: H4 | BearishOn AUDCHF H4, daily resistance levels from January 10th to February 19th signify strong resistance towards the current retraced H&S formation. After rejecting to the H4 range support, the first resistance zone will be met, which will presumably pull down the pair, accordingly to June 10th. Following the pullback, we're anticipating minor retest on the 0.63764 and 0.63232 support levels. After that, we'll be looking for a rebound in the 0.62265 zone.
$SP500 #SPX $SPXIs this where we bounce off along with the other stocks??
Is this the time to long??
=)=)=)=)=)=)=)=)=)
#Ethereum #ETH $ETHBUY AND SELL ZONES
Pretty bullish but I think this is how it may be?
Just my opinion. Anyone else agree?
#Bitcoin #BTC $BTCBUY AND SELL ZONES
As we reached to the top of the major trend line, I would call this a NO TRADE ZONE.
Let's wait till what the market will do first.
If it breaks up, set your buys in for the retest.
If we fail to break up and bears decide to take over, see you at the bottom! LMAO!
#Cardano #ADA $ADABUY AND SELL ZONES
Welp! There ya go!!
Whoever went in with me, lets gettt itttttt!
Took 50% of the profits and now letting it ride while setting stop loss right under the resistance we're at right now.
#Cardano #ADA $ADABUY AND SELL ZONES
After keeping an eye on it, here we are in a 1 hr TF.
Forming a nice falling wedge.
Just spread your buy ins across those green support line/box and enjoy the ride!
LETS GETTTT ITTTTT
#Ethereum #ETH $ETHBUY AND SELL ZONES
Like I said, wait it out to see what the market does.
It hit the resistance trend line which formed a bearish divergence in a 4 hr timeframe.
I'm sure many people took a shot of shorting at the trend line!
Let's get itttttttt
#Cardano #ADA $ADABUY AND SELL ZONES
There goes that retest of the support once the pennant was broken.
Now we just got to sit back and enjoy the ride to the moon!
$Tesla $TSLA #TSLABUY AND SELL ZONES
If you haven't gotten in, wait for the market.
Always wait and see what the market does.
#Ethereum #ETH $ETHBUY AND SELL ZONES
Be careful as it did not hit the resistance line, it did hit the 78% of the big drop.
We can always wait until what the market does.
If it breaks that resistance, best believe I'm getting in when they retest.
#Cardano #ADA $ADABUY AND SELL ZONES
Whoever missed the train and spread your buy orders within the green lines and boxes, congrats!
You successfully hopped on to the train.
As it breaks out of the pennant, let's see which stop/resistance the market wants to go up to this time.
Obviously it didn't hit all your orders but that's how you should manage your portfolio.
Instead of going all in on one position, average out your cost and buy the dips or support lines.
eur/nzdWait on the 30 mins chart for entry the longer you hold after entry the longer your at risk so I usually take profits at every zone but you have the potential to gain way more pips if you have the patience to with stand the pullbacks
GBP/JPY ANALYSIS + POTENTIAL SHORT POSITON Looking at the 4 hour chart I have identified that the Japanese Yen is going against the Pound and moving overall in a downtrend.
I moved over to the 1 hour chart to identify a set-up, therefore I looked for the most recent ended SHORT session within the market
and also identified the SWING HIGH and SWING LOW for the session and plotted my FIB retracement tool from the SWING HIGH and
dragged to the SWING LOW. The SWING LOW on the chart also represents a strong level of SUPPORT (132.78) and in recent past,
price went from 132.78 all the way up to 135.180 which formed the SWING HIGH, and then rallied back down to the area of SUPPORT.
Now price is currently around the support area and we are looking for price to move towards the upside and to target the 61.8% FIB level as RSI is indicating that the currency pair is becoming oversold and the buyers could take control.If price moves towards the upside, I will be looking for an ascending triangle formation to further back up my set-up. If all of the requirements meet for this trade set-up, then I will be placing a SHORT POSITION setting a 2:1 RISK REWARD RATIO.
Please let me know what you guys think of this trade set-up :)
I will post an update of this set-up whether I have placed this trade or not and why :)
