AUDJPY Technical Analysis! SELL!
My dear friends,
Please, find my technical outlook for AUDJPY below:
The price is coiling around a solid key level - 104.52
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 104.09
Safe Stop Loss - 104.85
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
Shorts
NZDJPY: Bearish Continuation & Short Signal
NZDJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell NZDJPY
Entry - 97.104
Stop - 97.512
Take - 96.391
Our Risk - 1%
Start protection of your profits from lower levels
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AUDCAD: Will Start Falling! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the AUDCAD pair price action which suggests a high likelihood of a coming move down.
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USDJPY: Short Trading Opportunity
USDJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short USDJPY
Entry Point - 157.13
Stop Loss - 157.60
Take Profit - 156.29
Our Risk - 1%
Start protection of your profits from lower levels
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APPLE Will Collapse! SELL!
My dear friends,
Please, find my technical outlook for APPLE below:
The price is coiling around a solid key level - 196.91
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 188.16
Safe Stop Loss - 201.94
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
USDCAD: Bearish Forecast & Bearish Scenario
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current USDCAD chart which, if analyzed properly, clearly points in the downward direction.
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EURCAD Massive Short! SELL!
My dear subscribers,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.4851 pivot level.
Bias - Bearish
My Stop Loss - 1.4884
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.4805
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
GOLD Trades Idea for Monday 10 June 2024DISCLAIMER
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.
Gold/USD (XAUUSD) Ideas For 10 June 2024
SELL LIMIT Order: $2349.22
Stop Loss: $2388.04
Take Profit 1: $2310.66
Take Profit 2: $2259.37
Risk per trade: 0.5%.
MT4/5 trade expiration: Today
100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out.
Reason
The first-hour candlestick closes below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%.
Trade Review For 07 June 2024
The US market data causes our gold to crash all the way, one of the largest movements from the start of the year. Resulted in a loss. Let's try again tomorrow!
P&L for the month: +0.1R
03 June: +0.5R
04 June: +1.6R
05 June: -1R
07 June: -1R
The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
May: +0.2R
QQQ Set To Fall! SELL!
My dear subscribers,
This is my opinion on the QQQ next move:
The instrument tests an important psychological level 462.97
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 450.36
My Stop Loss - 470.53
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
NZDUSD Trading Opportunity! SELL!
My dear subscribers,
NZDUSD looks like it will make a good move, and here are the details:
The market is trading on 0.6186 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.6151
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
APPLE: Weak Market & Bearish Continuation
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the APPLE pair which is likely to be pushed down by the bears so we will sell!
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