USD/CAD ShortUSD/CAD Watched this pair closely last week, waiting for the short set-up, ideally looking to see if we can trade similar to the drawings, for that swing short play.
Short-signal
CADCHF - Shorting!Bears turn.
Sell. 4H - CADCHF
TP, Entry and SL are provided.
Happy trading. :)
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
USJ/JPY ShortNice bounce off the daily downward trendline, along with our hourly resistance trend. Starting to see some correction/consolidation.
Can also see how we are seeing oversold on the RSI for the last confirmation.
Or
Could see a breakout of the daily trendline, which we could see huge 2020 potential, but my main watch is to see a short-term sell before this happens.
NZD/USD ShortAfter watching DXY, expecting a double top
I am now watching to see NZD/USD create a double bottom, but first I can see us continuing an upward channel, looking for that third touch before entering the trade.
GBP/AUD ShortGBP/AUD - short after seeing the retest of the correction phase, now running nicely.
Hoping to see another correction after this impulse to the downside, to potentially add in further.
- 2020-2021 is going to be a massive year for GBP pairs, after being in a massive downward trend since 2015, we are starting to see this currency squeeze demonstrating a huge change of direction for the pound, could mainly be due to the strength pre Brexit. -
USDJPY ShortWith everything going on globally you need to take any technical setups with a grain of salt.
Brexit, US/Iran, US/China Trade Deal, Failing Global Financial System, on and on...
Things are a bit chaotic at the moment.
Simple trade setup, simple technical analysis
DOLLAR INDEX WEEKLY OVERVIEWDollar index has formed a very nice,simple and clear set up for a swing sell .Price has broken major weekly/monthly channel and after yesterday's fundamentals we can see how it created a perfect retest to this channel tlines up with a AT 61% fib,mid line of our descending Fang gang and desceding daily TL so we might aim fopr a drop to the 95.00 area
EUR/NZD ShortLooking to swing EUR/NZD over the next few days, once we see a pullback to 0.6806.
Tight stop loss here to watch how we react to the daily downward trendline.
Weekly NZD/JPY Forecast (30th December - 3th January)The first Trade of the last week. Breakout just happend from the resistance. RSI overbought, CCI shows divergence. We expect the correction (retest) to the last mirror level.
BTC UPDATE | DUMP DUMP DUMPWhat's up,
Thought I'd cover Btc, while we watch a big portions of cryptos dip. XTZ sits at about a 10% profit since my previous signal. I think we may actually see bitcoin finish its push back toward
$5500; If played right, can be very profitable via alts.
DotcomJack | EasyLootFund
AUDCHF - Looking for double bottomPosting to keep an eye on my analysis.
The move up isn’t convincing. Will be looking for another drop, possibly a double bottom and then looking for an impulse up for the long term reversal.
Short USDCADWait on the current 4H candle close - it it closes as a pin bar off the 50% fib level - short USDCAD.
Down we go towards 1.30500.
Trade safe & manage risk
EURCAD SHORT IDEAIgnoring the strong supporting trendline on the weekly time frame. My bias is bearish to the strong supporting higher time frame level.
Retest of the lows before a potential reversal is considered. However if the weekly candle closes bearish then next week we could potentially look at price retesting the underside of the trend line.
GBP NZD Sell 60% of position closed at +60 pips
stop loss trailed to entry on the remaining 40% trade now risk free with 60% secured
