NZDJPY Bearish entry for Thursday Sell NOW ✅✅✅This liquidity seems too much perfect to be true, but it fits with all my thursday rules and im overall confident about the trade, i wrote some notes for you to see in the charts, i took the trade personally, im confident about. regardless, trade at your own risk. risk managment is key.
Goodluck
Signal-sell
NZD/JPY:TECHNICAL ANALYSIS |SHORT SETUP IDEA 🔔Hello Everyone, I hope you'll Appreciate our Price action Analysis !
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EURGBP LongHello traders, this is my opinion on what will happen next on EURGBP .
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EURGBP has dropped to support level @ 0.84100 where is consolidating now and will see a rise.
My goal is price to go up and settle on the resistance level @ 0.85100
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Please use small lot's if you gonna trade on this, always use proper risk management and do more research before opening a position.
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My eyes are on USDCAD 22-30 March 2022The USDCAD could either rebound or break the trendline and so significantly dip in favour of the CAD.
The odds are in favour of the CAD, now that Brussels and Washington push for winding up most trade with Russia as to force it to reconsider its invasion of Ukraine.
GBPUSD : STRONG BULLISH MOVEMENT
Hello traders.
GBPUSD had created a beautiful M structure previously and now has retested (Retraced to) the neckline of the M structure and shown above.
Rejection of the necklines, shows a clear and strong indication of continuing bullish movement.
Target price 1.28282
USDTEURMarket just finished 1-5 Elliot wave, hit our sell zone which was formed by a market more than a year ago. if the market closes daily candle below 0.912 which is just below our entry zone it is our point to entry.
Aroon: blue line is right next to orange one in the weekly time frame, once it crosses we are heading for a down trend.
MACD :Shows a gain in upwards momentum but it is slow to catch up, once it closes below our sell zone it will give us an entry to sell, 4h and below timeframe it's already showing a loss in momentum which shows that we are heading for a sell.
Bollinger band: we are at the top Bollinger band if it bounces and closes below sell zone we are in a clear to sell
Since we finished our 1-5 Elliot wave in the uptrend, we should get retracement to 50% fib zone, and get an ABC correction before going up.
Entry: 0.912
Invalidation: 0.925
Target: 0.86
Ratio: 1:3.6
Gold - 04 / Jan review. What happened today?Sadly for all of us Gold today never managed to break through 1800.80 support level or through the channel ever. So, no selling orders today…
My fundamental analysis whisper to my ear that so aggressive drop in the price yesterday has been caused partially by Bank Holiday in the UK (London). Forex trades got affected badly as well ( almost all trades went to reversal direction ) Well, all trades start returning to the normal way today and in another day or two this all mess going to be cleared up.
Trading Idea - #TeslaSHORT -> Sorry Elon Musk :-)
ENTRY: 675.00 USD
TARGET: 418.00 USD (+38% profit)
STOP: 795.00 USD
3 PROs: Growth, increasing sales, top finacial situation
3 CONs: overrated, profitability in need of improvement, not predictable
1.) I can see a strong support zone above 409.00 USD. A buy here makes sense.
2.) The latest upward trend faced a strong correction to the 61% Fibonacci Retracement, with losing momentum. If we fall below 650.00 USD the downtrend may continue as shown in the chart!
2.) Tesla will have a strong development of business activity over the next few years. They are in a solid financial position. Sales expectations and profitability goals have increased.
3.) Predictability is difficult in regarding the company's business activity.
4.) At the current price level, the company has an extraordinarily high rating. The valuation of Tesla for the current year is at 218.08 X earnings / share.
5.) The traditional and established automobile manufacturers are picking up speed and presenting their new electric vehicles. The competitors are catching up.
AUD-USD Will Fall From Resistance! Sell!
Hello,Traders!
AUD-USD is now trading close to the daily resistance level
And I think that the pair will fall from the level
Once it hits it properly, and develops a reversal pattern
After that, the pair has the potential to fall back to the support below
Sell!
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CAD-CHF Breakout! Will Go Down!Sell!
Hello,Traders!
CAD-CHF broke the horizontal support line
And is now headed towards the next support area below
While I think we might see a pullback to retest the broken level
I think the pair will hit the support below
Sell!
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