Short-trend
EURUSD short (Supply and Demand Anaylsis)Current State:
We can see that the price already Retested the Supply Zone.
Expectations:
I expect the price to drop. The first possible target would be the Support Line. We could even see EURUSD moving more to the Down Side. So the Demand Zone marked on the charts could also be a nice Target.
This is my Analysis on the EURUSD. I hope you enjoy it.
Feel free to comment on the Analysis if you want to know something.
Let me also know in the comments your view about the EURUSD .
Phase 1 GBPAUD Short plan (1:4 risk reward ratio)Plan: looking for a long term trade after Phase 1 decision on 15th Jan.
Reason:
1. GBP currently was in the cloudly direction for future growth, sideways is predicted till 31st Jan 2020.
2. AUD was currently in a hotlist, among the charts, it's risk appetite is reasonable good and appealing for long term trade. Go watch AUDNZD chart.
3. Thus, AUD was VERY dependent on export, CPI and PPI will sure be indicator for long this AUD.
AUDUSD - Good Short Opportunity - Trend DirectionHi Traders!
We here have a market which is in a downtrend.
While the market was moving in a parallel channel, the market broke out the support
at 0.68100.
Then it retests the resistance with two trendlines.
If the market fails to break this resistance, we will go short until the next support
at 0.67150.
We recommend to sell the market with a risk-to-reward ratio of 1 to 2.
Thanks and good luck!
SELL Aussie / BUY Czech KorunaAnalysis: Potential short on AUDCZK
-Approaching key resistance zone
-Price in downtrend
-61.8% retracement of previous impulse leg
-100% projection of previous corrective structure
-127% extension of corrective move
-100% AB = CD projection
Trade safe and at your own discretion!
GBPJPY - SellSetup: In correlation with the rest of the GBP pairs and the current political situation in the UK, the 130 resistance (area) has been tested for the past week failing to close above it.. prices are also closing in on the strong and steady D1 downtrend line boundary which can indicate more volatility and bearish entry opportunity soon.
We set up a short trade around the 130.3+ area with a tight SL above the high of the week / tail of the last rejection and aiming at the low levels of the past week for TP.
BTC Dipping Below 30 on RSI? Possible continuation downwards.Going off of just RSI and the fear index, most likely pattern for the rest of this week is a dip in value for BTC as consumer confidence continues to fall. F&G Index for today is 45, down 3 from yesterday.
RSI has dipped significantly below average low for this week.
AUDUSD update!!!A new look at the AUDUSD. Price did not break to the upside. Its still going down and has broken two trendlines. A break of the third one should send this pair into oblivion. Definitely to support at .67 and the next support after that is on the weekly chart at .60!! Keep a close eye on this pair.