AUDUSD Short Trade SetupHello Traders
If the structure between the green lines is an expanding flat the previous high cannot be broken. So there is no room for more upside. That's why I want to take a short trade and I placed a pending order under the reversal impulse on 15m TF. My minimum target is a new low.
Trade with care.
Bulent
Short-term
GBPUSD faces the 1.34 integer mark aboveGBPUSD faces the 1.34 integer mark above and needs to be break out.
At present, the pound sterling is in the form of "Ascending triangle" (the lower low is gradually raised), and the resistance at the 1.34 integer mark above is waiting for the chart to break out.
Two paths
1. Blue dotted line - Can support above 1.3370, shock upward and break through 1.34.
2. Orange dotted line - Fall to above the downward trend line, about 1.3340 above, aftershocks, then break upward.
XCUUSD Short Trade SetupHello Traders
The last top can be the end of the monthly correction and we can have a downward impulse to 1.90, but my forecast is a correction and one last upward movement before that big drop. So I want to take a short trade for the A wave inside the correction. That's why I placed a pending order under the last low. My target is 0.382 retracement of the orange A.
Trade with care.
Bulent
BTCUSD Short Good IdeaI am a consultant for anyone who needs a consultant, I see that BTCUSD will GO Down IN FEW DAYS
1, When you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying a take profit or stop loss, we will decide when to open and close the position
2 (When I set the take profit and stop loss in a number that does not mean that the price will reach it, I gave a buy or sell signal only according to the analyzes I made in the chart and delete it later, in the order to share it with you so that you have a clear picture and read it clearly, thank you!)
3, you can try me for one or two weeks to decide to work with you and give you signals about buying or selling
XAUUSD Long Trade SetupHello Traders
Although the reversal structure doesn't look good, I placed a pending order over the last top because 3 reasons. First, my forecast is an upward impulse as a C wave for a complete running flat. Second, the last low tagged a very strong Fib confluence level (272 extensions of green and blue A waves) and got a reaction, which doesn't look too strong. Third, gold loves slow starts. So, we can have a fast upward movement soon.
Trade with care.
Bulent
EUR/AUD - 18/11 @ 11:30 - 1HPrice reached 61.8 & 78.6 retracement zone and took an entry expecting the chart to play out with the fib extensions aligning with resistance and previous daily highs.
These highs need to be wiped out before we move lower where a double top structure or similar would confirm this, that would be next week potentially unless we stick with the bullishness.
Already in profit, stops to B/E around 1.63200
AVALANCHE potencial breaking out the downtrend. Short-term|| Avalanche is one of the latest projects listed on the Binance stock exchange. It is a relatively short graph that we can watch for less than 2 months. It is a project that works, among other things, to create a platform for applications of Decentralized Finance, financial assets, trading and others.
👌🏻I like that the structure behaves traditionally, as after listing on the stock exchange and after the initial hypepump, there was a gradual correction, which had a natural course with retracement and maintained accelerated down-trend. In the graph I follow a large bullish AB = CD pattern, the structure of which is nice except for a few negligible wicks. It is also possible to see a multiple reflection from the PRZ, around which a consolidation structure has formed.
👍🏻I do not primarily focus on the setup resulting from the pattern, but rather it indicates to me the potential end of the downtrend and the possible finding of a market price. I like the breakout of the accelerated down-trend, which occurred a few hours ago. The volume is not ideal yet, but the last 4H has increased. Daily MACD + Histogram in the predominance of bulls. RSI at the bottom of the neutral zone after rebounding from the oversold zone after bullish divergences. We primarily monitor Targets after the primary downward trend. The chart offers a decent RRR.
XRP Daily - EOY RevisedUsing the zones shown with the reasons ( 61.8 & 78.6 retracements ) for them being there shows why we have seen price push up to $0.28500 just now.
$0.29999 is a major prior resistance which I could see being tested one more time before a final drop to $0.17000 before we moon in January, hopefully 🤞
Bitcoin should bring down a majority of the market aiding this bias as it will be banned / useless due to governments / regulators saying it's bad for climate change, IMO.
I would expect the long term fib retracements to come through the end of this month and throughout December before the extensions / bull run occurs in the new year.
NETFLIX price action for Short term !5 month of uncertainty and Neutral trend for NFLX , But a good positions for short term trading , Buy from the Bottom of the channel and sell from the Top .
Fundamentals : The corona virus has increased again and possibility of cities Lockdown can be positive for Stay-at-home Stocks .
Price Action : Price placed at Bottom of the Channel also the 200 Day moving average is close to the price , So this Level can Be the Good support
P.s : Due to divergence, buying Netflix is Not a Good idea for the long term .
CADJPY Long Trade SetupHello Traders
My forecast can be wrong here if USDJPY makes a strong upward movement as I expect, but what is my forecast here is a pretty big C wave for a complete regular flat. That being said, one more upside seems possible after the 4th wave for a complete regular flat in the B. That's why I want to take a long trade and to do that, I'm waiting for a correction after the reversal impulse. I'll hedge my trade when the previous high is broken.
Trade with care.
Bulent
USDJPY - breaking down the triangle patternthe triangle pattern is obvious in chart and the price has already broken down the lower line!
so we just wait for pullback to be completed then after the first sign of reversal candlestick pattern we will open our position.
note: it is not recommended to open a position before these steps! let the price ensure us about a valid break down then we will open a profitable position.
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it's great to make profite together :)
GOLD AnalysisGold has formed a double bottom and price has retest the neckline. An impulse move should be expected.
With the formation of the double bottom price has also created a new low, it may be safe to expect price to retrace and test the previous low and possibly meet resistance and continue the bearish trend.