GBPNZD 4H timeframe Pls like if u find this idea helpful.
Price broke out of ascending trend line and price retested the broken trendline.
It has potenctial to move lower.
Signal-sell
TRADE IDEA on EURJPYWritten:10/03/20 4:47PM
EURJPY
SELL
4H Timeframe
Sell Entry: 123.188
S/L: 124.200
TP1: 123.000
TP2: 122.477
TP3: 122.100
Notes/Explanation:
On the 4H timeframe it looks like this pair is starting a downwards trend, so I entered the trade for a Sell at 123.188. When the market reopens I believe the pair will break through the last Floor/Lower Low with around 2 to 3 TPs before it retracts. Then I assume it will be re enterable during its retraction and continue a downward trend.
Sell NAS100 acumulacion+ punto de liquidez vemos que el NAS creo una zona de acumulación la cual creo una induccion alcista al punto de liquidez de inicio de semana esperamos que llegue ahi para generar un reversal.
AUDJPY DOWNSIDE - 72 / 71Capped at fibonacci with a potential head and shoulders pattern, the price needs to return back to it's smoothed moving averages. With the current riots and negative economics surrounding the US Dollar this week, this may be a case of JPY picking up speed for safe haven.... Enjoy!
EUR/USD: Reaching possible sell zonePart 1/1
Hi traders, here comes an update on the EURUSD pair. If you have any questions or suggestions, let's start a discussion on the trade in the comment section below.
We're only taking a trade once all rules of our trading strategy are satisfied!
1. Technicals : Neutral/Bearish - The EURUSD pair is still in a downtrend unless we see a decisive break above 1.10, which would indicate a fresh higher high on the daily. The 1.10 level is a strong resistance for now and could provide a short-term sell opportunity. The level also aligns with the 38.2% Fib, and the short-term RSI is showing a hidden bearish divergence.
2. Positioning : EUR neutral (4/10), USD bullish (8/10). Falling open interest in EUR.
3. Economic Surprises Index : EUR bearish (2/10), USD neutral (4/10).
4. Correlations: Neutral
5. Int.rate differentials : Neutral
6. Headlines narrative : EUR bullish - EU bailout fund, USD bearish - slight risk-on sentiment and Covid-19 vaccine
7. Today's risk sentiment : Mixed ahead of US open - VIX up, DAX and ASX down, FTSE up.
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USD/CAD | SELL SETUP | +500 PIP POTENTIALHypothetical scenario:
(1) Entry @ 1.40660 (Sell Limit)
(2) Stop Loss @ 1.43130 | 247 pips
(3) Target @ 1.34890 | 577 pips
(4) R:R = 1:2.33
Stay tuned for the updates.
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*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
EURNZD Analysis As we've recently broke through a major support level, we can expect to see a pullback for reload sellers to enter the market to continue to push price lower. If price enters our zone we will be looking for shorts with targets around 1.77.
SELL AUSCAD IN DESCENDING CHANNELHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see that the pair was moving in a descending channel , it has now hit its resistance line and if it fails to break the resistance line ten it will fall back till first support.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
DESCENDING CHANNEL IN USDCFHHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see that the pair is currently in Descending channel and it started its downtrend after hitting the resistance line. It also broke the trend-line and then started falling again.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
EUR|USD - Short OpportunityThere is an opportunity to short the EUR|USD on entry into the 1.09273
- Short entries may be initiated on touch of 1.09273
- Stop Losses should be above the swing high of corrective 1.09705 (Red Horizontal)
- Target Point A: 1.08373 (Green Horizontal)
All remaining target and intermediary support zones to the downside are marked below entry by consecutive horizontal lines (blue.)
Quick Fibonacci LessonHey traders! Giving a quick insight lesson into using the Fibonacci tool correctly (whats is drawn isn't accurate of a trade I have taken it's just to show).
I use it, as an added confluence to my set-ups to show me, entries, stop losses and target.
For me, I am a swing trader, so when calculating my SL, I put it about 10 pips above the next level, depending on where we are seeing rejections (in this case, finding resistance at 61.8% so my SL will be 10 pips above 78.6%). I also like to put my take profit targets just above the levels encase the spreads don't take me out.
I like to list my Fibonacci with; A, B, C and D:
(Downtrend example)
A = Previous Swing High
B = Support/First Low
C = Retracement Level/Entry
D = Extension/Take Profit Levels
D1 = Take Profit Target 1
D2 = Take Profit Target 2
I like to use two take profit levels as when we reach D1, I will take off 75% profit, and then let the rest run down to D2.
TIPS:
1) I want 3 touches/rejections at C before taking the trade, to know this is the retracement level.
2) The higher the time frame, the strong the tool.
3) If you can combine the Fibonacci retracement level along with previous pair resistance levels then it becomes an even stronger trade!
Hope people enjoyed this quick insight into the Fibonacci tool, let me know what you think :D
USOIL BUY OPPORTUNITYHello Traders,
Here's my analysis for USOIL, it seems to have corrected down and will finish wave C @ 49.95! Set a buy limit for that price !
Trade Safely
GBP/NZD SellNot a pair I trade often but keen to keep watching this current setup.
Daily override completion or daily inverse M-pattern completion > followed by bearish impulse, and now possible continuation opportunity for lower time frames
USDCAD short oppUSDCAD potential sell opportunity looking for rejection around the 61.8 fib for a C leg extension to the 0,1.27 and 1.618. good risk to reward risking 35 pips to gain 250
NZDUSD Bearish View NZDUSD is at weekly broken level retest and Print Bearish Engulfing
very good sell opportunity on weekly Time frame
GBP CAD ShortPotential set up for GBP CAD.
This trade has been on my watch list and we are now approaching entry zone. Will be awaiting for retest confirmation before entering.
This trade does have high potential to pivot back to the downside as 1.61950 is a key psych level and pivot zone.
If the rejection and retest occurs there potential of hitting the 27% fib is very likely. Will be monitoring and updating privately
usdcadits a big opportunity for sell uadcad
ROI 5/1
low risk and big reward setup
comment me your opinion
EURAUD Sell Setup: H&S Pattern with PullbackThe EURAUD pair formed a nice Head and Shoulders pattern and completed a pullback to the broken neckline.
Today's strong bearish candle has reached the lowest level since May 07 and suggests lower prices.
The H&S pattern projects a profit target around the 1.5700 level, which aligns with the lower zone of a recent sideways range.
BItcoin - Regarding future growthCool the heat of buyers! Everything is very fast and fast. A large number of eliminated short positions, which are recruited from the level of $ 9,800.
The whole set-up in a pair of BTC / USDT in our closed channel
At the level of $ 13,000, it was recommended to reduce the purchase and from $ 9,800, and what was bought for the corrections at $ 12,200. The purchase balance was 20%, later closed with a stop around $ 12,400. Next was a recommendation to buy from $ 12,370 c targets at 13k + and above (it was decided to buy an asset just because the stop was very short - $ 12028, the ratio SL / Profit is more than 1: 3)
Now out of position.
What are we waiting for next? A further decline, an interesting zone will be the level of $ 10,800.
Altcoins
Altcoin situation - it hurts to watch! Not once mentioned that while it is necessary to refrain from shopping. Now the case does not zalazit assets simply because it is cheap. This is the number one mistake for everyone. The concept is expensive or cheap; it simply does not exist on the market.
