Sell GBPAUDSetup: Signs of reversal are showing as price battles at the edge of the daily respected trend line. TP is set at the previous low and SL a few pips above the previous high
Short-trend
EURGBP Giant Trade Setup for upcoming weeks OR monthsIn upcoming Sessions, we will be focusing on EURGBP sell trade setup . If it Drops it will be Huge Down fall . i already missed Gold Buy tarde instead i was looking for Long Gold , but i couldnt , But i have EURGBP and it has potential to give some nice Profit with minimum Risk .
Best Of luck .
A Downside Move ExpectedAs I made some trend lines on 4h chart, DTL, RSI and Aroon indicators. Whenever the touch upper side a downward move happens. Now all 3 indicators has showed upward direction so a down side wave is expected soon, BTC has not briefly broke the 0.38 fib if it failed to brake it then a dumb can happen.
Sell Opportunity in BrentIn today's trading session i will be selling Oil with yesterdays High Stop .
AUDCHF SHORT , wave analysisHere is my forecasting on AUDCHF.
We are in a downtrend, and most probably finished the 4h 1,2,3 correction. I am seeing some more downside. The blue lines are the 3 last low we had. It will probably retest one of these before making a bigger correction. Lines 2 and 3 are very probable in my opinion.
I am just a beginner, let me know what you think, every insight is appreciated,thank you !
USDCHF - SHORTSimple technical set up. Broke counter trend and also price action set up ideally for a short.
USDCAD - Possible ShortPrice is moving around a monthly support area and along with this triangle formation, i expect this pair to go lower, one a confirm break is seen in the direction of the trend.
EURUSD short 4HDespués de tanto esperar llegó la ruptura de la tendencia principal alcista, una gran oportunidad.
@yeisonmendez.fx
EURCHF short 4HSiguiendo la tendencia y aplicando estructura, vemos gran probabilidad de continuidad a la baja.
@yeisonmendez.fx
SELLShort term I think it will retrace. Could then go lower before another move up. Lets see how it plays out over the next day or so.
GBP/USD shortStrong trend analysis, approaching resistance on a long term downward trend. Looking for a sell off around the resistance line. Using low quantity due to volatility at US open.
OANDA:GBPUSD
AUDUSD trend formed, support brokeWith the recent news of: increase of building permits (USD) and also employment change in AUD which is below forecasted value along with the fact that AUD has been slowly decreasing in value for some time being less economically stable than the USD. I’ve opened a position once the pair broke the support and as such it has kept a declining trend. I haven’t implemented a take profit yet I’m just waiting for the pull back to mark another resistance level. One to watch over the next day or so. Thanks.
XRPUSD Retracement to Trend Line before Short?I see this retracing to the trend line before a Short. Has confirmed trend Line with 3 solid touches then also created a double bottom at the Recent support zone wich makes me think it will retrace again before a drop.
USDJPY: Bullish Trap Whats up everyone?
This is a quick update about my trade from yesterday.
We are looking at the USDJPY pair on the 4h timeframe. We saw a massive bullish trap on yesterdays trading close.
We are short from the top, where the trap happened. Our first position also was stopped out.
Price did break old highs within an hour although no news were happening.
Came back all the way down and obviously even lower within a short time period.
Imagine how much stops and orders were laying above those highs. Imagine how much money was made...
Wishing you guys nice trades and a great weekend!
SHORTPlacing my entry below the support level. Let's see how far this goes. I used a 1:3 Risk/Reward ratio this time
Time to sell OILThe price is about to reach a key area of resistance to determine the trend in the very short term: between 58.80 and 59.70 a barrier has formed which is a watershed between a further climb of another 6 dollars towards the area between the $ 62/64 per barrel, or a retracement to the support at $ 52.20. The fundamental scenario that is taking shape is quite clear: according to analysts, the US is producing more oil than market demand, which remains constant (if not actually falling in certain periods). This situation is pushing investors to remain cautious with long positions on this commodity: despite the rise of the latter sessions, it is likely that the second hypothesis, (of a retracement ), is the most probable in the short term.
On the other hand, the brent is supported by a stable production cut by the OPEC countries and by production interruptions in Iran and Venezuela, maintaining a sort of balance between demand and supply . We recommend a short market entry on WTI, despite the price is close to an important pivot, anticipating the market.
Chaos looms: meltdown in sight. Mario Draghi made an honest assessment of the Eurozone today, which wasn't rosey. The big money wasn't happy with this. Stock markets and Forex around the world were thrown into some degree of chaos. All stock indices were affected - proving once and for all - that we are all part of a global economic system. What happens in the Eurozone or in America, simply does not just stay in those regions. In this screencast, I show where I've suffered in holding to my confidence in the indicators, from that important technical perspective. And now I'm in a no-loss position. If the market moves south, I shall follow - no need for targets or price levels.
The markets show me entry points and decide exit points. Just to be clear - hope and luck are not part of my equation.
GBPCAD big short setup - violent drop aheadViolent reversal lower based on the following analysis:
1. Parabolic rise.
2. The 3/8th Major Harmonic (dark red horizontal line) is a monstrously powerful pivot level. When prices are rejected at this harmonic level, it’s generally a fast and big drop.
3. The move may be exacerbated by the presence of a new swing high being found during the appearance of a new Lunar cycle (New Moon).
4. 360-day inner year Gann cycle -The GBPCAD pair is 357 days from the March 19th, 2018 swing high.
5. The outermost arc in the current law of vibration cycle creates powerful resistance here as well.
USDJPY: Market Opening Trade Hey everyone,
you see right - a new idea! Been busy playing poker and doing some other stuff and not focused on trading so much, but guess what ? we are back!
Back with a trading idea on USDJPY hoping right into the market opening. We saw a nice peak high on this pair last week with a divergence happening. Price did break down and now is in consolidation mode pretty much. Maybe we expect a peak to the range for another time and then a price break down. Otherwise it is below the larger trend line and could also break down from here. Lets see - the risk reward is in our favor.
Short placed yesterday working like a charm: sp500buy stop is placed just above the previous high for protection
