EURNZD continuation ideaEurnzd never gave us the reaction we wanted from our bigger demand zone so now we are looking for trend continuations...
OB highlighted is one of our only unmitigated zones left in our current range...
We will be watching for a reaction and entry from this zone!
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Short-trend
DXY - ARE YOU THINKING WHAT I'M THINKINGIf you are looking for a way to tell the strength or weakness in the dollar against other currencies, one of your go-to areas should be the DXY CHART.
Impeccable Right? It has by far become easier trading the dollar base and quotes by simply anticipating what the DXY would do next.
Over a period, the DXY has been dripping down giving away the weakness in the dollar and we must have seen by now, how the XXXUSD pairs have been bullish
whereas the USDXXX pairs have been majorly bearish.
Now I am thinking it is time for a change. I see what the DXY i doing and it will interest me to tell you that in the coming weeks, we may see trends falling back in place.
UNLESS OFCOURSE WE HAVE A BREAK DOWN, THEN WE HAVE A DIFFENT STORY TO TELL.
NB;This is not a financial advice or signal to trade. This is solely educative. Use the information above at your own risk.
Everything As Expected. Hi dear traders, hope you are surviving the current bloodish wave in the market. Since we have forecasted the movement in almost an accurate rate we did survive the overall negative hype on the week. So What's going on Bitcoin?
I am still bearish till something content-ful market impact took in place. For now, $12,200 area is the next strong resistance line if the current magnetic support lines at around $15,500 and $14,400 areas respectively are going to be breaking out.
This is just to drop my greetings and my current market sentiment perspective. I will be back bringing you a detailed analysis sooner or later on. Stay safe and be strictive on your trades till market gets some space to breath.
EURAUD short viewEURAUD, the pair is in bearish consolidation after rising to 1.57000 levels. When we set Fibonacci, we see that we are now at 23.6%. We have already had a breakout below this level, so we could expect further declines in the euro against the Australian dollar. The next target is at 1.52000, around 38.2% of the Fibonacci level. We could also test 1.50000 if the euro continues to weaken. The weakening of the US dollar will help the Australian dollar to strengthen, and therefore we expect a bearish trend on the EURAUD pair.
EURUSDEURUSD Price is still in the large downtrend and current price action is currently a large exhaustion indicating further downside momentum. A break below the 4 hour time frame 50ema and followed by a retest will also create a lower time frame bullish to bearish trend change and will be my go to entry for a short, id price breaks back to the upside this current short setup will no longer be valis.
USDJPY Bearish flag almost complete, then it will move up!Welcome back! Let me know your thoughts in the comments!
**USDJPY - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
NIFTY 50- CORRECTION WAVES!!!i was waiting when the market will open and my waves will get confirmed, today by a gap down opening, and not breaking out the trend line, i was final with my 5 wave correction. nifty will correct till 16550 level. this week will go in a correction.
HAVE A GREAT LOOK ON THE RSI TOO.
Gold analysis of September 2022 TF DayRegarding my previous chart analysis on 11 Aug 2022, gold perfectly confirmed wave C .
Gold at the current level of 1696 (strong support in the lower purple box) is going to choose its direction again.
For SHORT side
Gold is expected to break 1680 for completing wave C. So, there is more room for a down move in the gold price before its reversal trend.
Short-term trading
Sell 1698-1700
TP 1689/1685/1680
SL set according to your margin
Next week's target (medium-term) is around 1645
Next week's target (long-term ) is approximately 1570-1563
For LONG side
If gold cannot break 1680, it could rebound at this solid support. Probably see a double bottom at this level.
Good luck!!
AUDNZD | ShortOkay
As I said before, the trend of this currency pair is downward, but I saw a signal from the chart that if the price reaches the specified entry area, it will be confirmed to enter the short position.
Also, compared to the previous analysis, I made the view more detailed and the TP smaller
be profitable🤑
EURUSD BEST place to short! Welcome back! Let me know your thoughts in the comments!
**EURUSD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
AAPL (Apple) - 4HR - Potential Bearish Momentum Forming in MACDApple is currently in an extended price uptrend (1 hour, 4 hour, daily time frames).
However, Bearish MACD Momentum has been forming in Apple stock, 4-Hour and Daily time frames.
Apple stock could pull back about -4% for a potential bearish swing trading setup over time.
Watching the intraday price action to see if Support prices are lost to the downside, and if a bearish Downtrend forms.
note: all content is Not financial advice. trade at your own risk.
Imminent pullback on the $NDXNobody knows where the market is going... but, the $NDX is at the top of its mid-term bearish trend (White line) and at the top of its short-term bullish trend (Yellow). Lot of space for a pullback. After that? I hope to have a higher low and return to a bullish mid-term trend.
DOTUSDT - SELLHello traders, I'm about to sell DOTUSDT from one of these zones, let the price create a signal and come and make money! We don't have a confirmed bull trend yet, so I'm looking for opportunities to sell, they help me accumulate more coins.
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume 25%
In this way, I ensure that my equity curve grows consistently without significant dips.
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!