GBP/JPY Bullish or Bearish?Good morning traders! This is our analysis on the GBP/JPY pair.
First of all, the answer to the title of the post is that nobody is certain if the price will have a bullish or bearish behavior! But what we can do is establish what decision we will make based on whether certain behaviors occur that put the scenario and the odds in our favor.
With that said, let's move on to the analysis:
🔸First, we see the clear and marked uptrend on the daily chart. Indisputable. Higher highs and lows within a bullish channel.
🔸What has generated many doubts in recent weeks is the recent behavior of the price, quite choppy remaining in a range, but this happens because the long-term chart is not taken into account and we focus on low temporality charts. ALWAYS look at the big picture.
🔸The current consolidation process, we personally choose NOT to trade within it. We are expecting one of the following two behaviors:
🔸Bullish Scenario:
In case we see a bullish break of the resistance zone, we will wait for a correction or retest to look for a trade towards the next resistance zone.
🔸Bearish scenario:
In case we see a bearish break of the Support zone, we will wait for a correction or retest to look for a trade towards the Ascending Trendline or the next support zone.
Short-long
Flight Centre (ASX:FLT) Short term proposition Flight centre has been beat down since Covid-19 and as of today is 3rd most shorted stock on the ASX. This acts as some unflattering news for traders however could there be a potential upward movement?
From my charting line i was alert today that FLT has seemed to touch and rebound on its support level after its 5% drop due to bad returns which personally indicates a bullish idea as despite negative news is unable to break this level.
This had brought me to two possible conclusions. FLT will continue to be beat down by the shorts and maintain in sideways movement or FLT will rebound of the support level and reach its resistance level as shown in the diagram.
COME ON BEAR WHALE - ETC İS HODL TİMEIt is no different from etc ethereum.
even the guy who wrote the software vitalik is the same vitalik.
Don't be afraid to shake it off. Sharks are on hold.
Whales are on hold,
Special Software says BUY, BUY, BUY Of course,
if there are whales that can break them, we are waiting.
We are ready to wait 20 years to wait 10 years.
If you can drop it, we will buy 2 times as 5 times.
States forbid. Until you die Etc. We say.
Our team Strong will laugh at those who sold it before $ 1000 because we expect it to come to $ 1300.
There are no cheap goods left in this market.
Don't be afraid. Do you think it is too low? Take it again.
Since this mining system will not quite sink etc, there is no problem.
It is definitely not investment advice.
I share what I have invested in.
I don't go in with all my money.
It's Not Time to Fear, It's Time to Fear.
Yearly ready
Montly ready
Weekly ready
3day ready
day ready
12h ready
4h ready
1h ready
Please scare us Bears :)
Interesting set up for crude oil.My bias is long on the if resistance is broke through. Though more potential money if it can’t break through this resistance. Green arrow is 1st target. For short enter at 1st down arrow and then ADD at 2nd down arrow for bigger bucks. This is averaging up.
Feel free to send your love here 🤗
Ms. Bunny
CAD/JBY long then big short.from the first view cad/jby really does seem over valued , but i think maybe not yet , cad had some bullishness last week due to economic news , which led us to this impulsive move , although we are waiting for a correction then a continuation to the upside to the targeted zones which in my opinion are not easy to break without a a massive selloff , keep this pair on your watchlist so you don't miss out on some huge moves , trade safe.
SHORT that BERBthis is the analysis that i had decided to take. I am nowhere near a pro trader and this is just a good idea i thought.
there is a head and shoulder pattern which indicates a short position after the long wave that occured. Be careful because of the news as the NZD trade balance will come out and is looking strong, so will cause an slight price increase for a short period (dont set SL too steep). The end of the Wave finished indicated at "E" and then started the pull back indicated by "1", looking for it to carry on shorting.
let me know what you think, or what can be improved!
Update $XAUUSD If Gold still strong bullish, She should break the yellow line up (as Chart)
If not,
Should rebound around the lower yellow line and should not break below the dotted line ( as Chart)
IMO Gold should drop into gray area and I will buy more in that zone
now I will scalping sell around this zone ( 1777 ) and hold short positions till it breaks up or down of the yellow channel
*** Invalid for long if break down a red line
#gold #xauusd #shortterm #sell #longterm #buy
Two triggers for oilYou can see a symmetrical triangle has formed indicating a break out may happen in either direction.
Go long with the targets sas shown if it breaks above red resistance
Go short with targets as shown if it breaks below red support.
This is my plan. Just waiting like a snake hunting prey.
Puckbunny ♥️
ADA - resumption off or a failed recoveryI’m watching closely here for Ada to keep this momentum on the 4 hour chart it just made a triple confirmation using market lib, potato, and wolfpack
Now it’s coming back in to start this 4 hour candle, watching for Ada to play with the sell signal at 1.11-1.12 if it holds u can buy and cut losses after a completed sell signal on the four hour or start building a small short position until a triple confirmation tells us to go balls deep into a leverage short
This weekend we either have a full recovery and start the next trip to new highs or we finally get down to the .70 level and test support off the 20 week MA
I would love to see a clear signal but we are in No Mans Land so let’s wait for the triple confirmation to tell us what we do. Right now I’m leaning to the short side but I would love to see a rebound!
BTC/USDT ideaAfter such a great bull run on the daily, it looks to be cooling off. Looking for a bounce around 50k mark but if that doesn't hold we could go lower 40k or less. has been some fun trades around on the 5/15min TF with profit of 5-10% then it gets rekt ha ha good luck trading
RSI has turned divergent
finally closed below the 50 EMA
keeping an eye out for a small bounce around 50k due to the whole number and its close to the 100 EMA cheers
GME LONGGameStop has been holding up steady on the technicals. First price target is $200 and then $300 if we break above $338 resistance it can test the ATH and by then if ROBBING THE HOOD doesn’t stop trading sky’s the limit. GME shorts really want to hit the jackpot by wanting it to go bankrupt. Too bad new GME management is going to pay off their debt. Papa Cohen will succeed sorry shorts. Anyways I’m not a financial advisor. GME to the heavens 📈
BNBUSDT Price Predictionhi everyone
It was not supposed to be crowded
in this BNBUSDT we have two type of analysis
first: Supply and Demand
you see two yellow boxes, top line of each box is a Buy Position but you have to wait for Confirmation Candles.
second: SHIBO
price reacted to 1D_TP
there is a 1D3_SL stop loss and if Price Bounced of this Border(SL) could goes up to 1D3-TP(917.1637)
and based on Weekly Chart the higher Targets Are Shown Above(Who Can Wait for it ?)
ALERT: Trade on Your Risk and analysis. use this prediction along your trade plan and Analyzes.
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What is SHIBO?
I'm researching a method I have named SHIBO.
SHIBO sets the price of the next ceiling(Target, Take Profit ,TP) based on the price movement of power and its correction.
I am examining this method and determining its rules. To date, this method has been very accurate.
Take a look at previous ideas to see how successful they have been.
After I was able to register this method and style in my own name i will reveal Details.
I must first prove that this method is very accurate.
So I put my ideas together so that more people can get acquainted with it
THINK Simple is my approach. there are no more lines and too many shapes on chart. its simple to understand. if you are looking for complicated analysis so community is full of them. I respect them all.
now go to chart
I calculate Border line and Take profit points(Price note Labels) based on :
1-price movement
2-price start, high and retracement
3-market state( bullish or bearish )
4-i don't look for S & R lines(but if you found border line and price are according to them it is a very good Sign)
5-GREEN PRICE Labels are Targets that Reached in previous predictions
6-RED PRICE Labels are those cancelled or Stopped
7-BLUE PRICE Labels are in progress
8-
1W>>predictions based on weekly Chart
4H>>predictions based on 4Hour Chart
1M>>predictions based on Monthly Chart
how to use prediction:
first please go back and take a look at my previous predictions to see how is win rate
second: in totally there are 2 point, one is border line and second is take profit or target
using border line: if price bounce from border line it could take TARGET but if price break border line and close on it so prediction may fail and stop Reach.
border line and targets are Labeled by time frame and variation.it means it may have two or more prediction in one time frame. labels of border and target have same text.
each prediction contain previous prediction labels marked with failure or success.
please comment and let me know.
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Donate if you Got Benefit
BTC:136pb1NaLvhhubK9sapawiufVpCU3JCzpY
trx:TD9F9FamjQxmcyEPYGq7KKs883j8juvpod
eth:0xB8EEFb52a1C232AcAC318026169332638A0a005A