cadjpy going down cadjpy going down
on time frame 15 , we have a down movement for the cadjpy
as shown on the picture below
Sk-system
sell order sell due to
1. sk system gives us a sell area from whol correction level
2. double pattern
3. m pattern
Xauusd GoldGold falling from the current prices and the targets are in the green color on the right of the picture. Not respecting the trend, we may move to the b . area
20-11-21 UPDATE LCID 21.1% GAIN FROM BUYING AREA
I think price will correct again between 49.21 - 47.15
it will be another chance to buy more ..
LCID to the MOOON waiting next correction inside the green box, which is the best chance to buy more shares
EURUSD darf falle-le-lenGuten Morgen liebe Trader,
nach wie vor haben wir im übergeordneten Chartbild kontinuierlich bärische Struktur die wir natürlich weitestgehend mitnehmen wollen.
Aktuell befinden wir uns erneut in einem interessanten Korrekturbereich wo man sich mehrfach hätte gut positionieren können, in meinem Fall als Intradayhändler bot sich gestern das 66.7 KL in grün gut an. Ich und mein Team liegen bei diesem Trade im Moment bei guten 40 Pips im Profit und lassen den Markt nun risk-free bis ins Ziel laufen.
Anmerkungen und Ideen gern in den Kommentaren hinterlassen :)
Grüße,
Chris
EURUSD last buying area.EURUSD has its last buying area (green)
I will place a trade there.
The movement 0A is correctiv. But if you look overall, you see that the market is moving in the red rectangle -> bigger buying area.
This movement is corrective and it could be possible that the market want to break out of these areas.
EURCAD selling areaEURCAD is near by a selling area.
If the market doesn't create a new Low, the area is active.
Check my signature for updates and more.
CADJPY is near by a buying areaCADJPY is near by a buying area. It hit it sometimes before as you can see (red rectangle).
This movement from A to B is corrective.
Check my signature below for updates and more.
TradeSetup für kommende WocheWenn der Markt in das rote KL kommt, können wir uns mit Long entrys platzieren
AUDCHF interesting buying areaThe BC-Correction of the bullish sequence is attractive for me.
I am waiting for it. Check my signature below, to get more trade ideas.
OIL - Buying areaCrude Oil created a new high in this month. For me this level is attractive. (618er)
It is the first bigger correction of the alltimelow.
EURUSD Blue = BuyingareaEURUSD over-retraced a little bit. With the blue rectangle we can reenter the market. If this blue rectangle do not hold - we can enter on the last red line of the red rectangle ( see chart ).
Do not forget to checkout my Signutre below.
USDCHF Small Buying areaThe blue rectangle is a small buying area. The correction starts of a red rectangle. The current 0A-Move is Impulsive and AB-Starts to be corrective.
To get updated from this trade, check my signature below.
USDCAD new Short-AreaThe little blue rectangle is a new short area.
It is build up from a secondary bearish sequence which is started from a red one.
if the price is below the yellow line the rectangle will move. To get updates of trade, check my signature below.
GBPCAD interesting buying areaHere we go again.
GBPCAD is a interesting buying area, as you can see here in the chart.
The 0A-Move was impulsive and the AB-Move seems to be corrective (Yellow-Area)
The red bearish sequence hereby confirms that yellow rectangle.
Alltime-LOW GBPCHF LongGBPCHF reached some days ago its alltime-low.
If this yellow line won't break, I guess the market will turn arround on this area which I drew.
This is my trading setup.
EURCAD BC-CorrectionNext Entry - EURCAD short.
If this yellow line won't break, here is my next entry. Here it started a greate bearish sequence. Will be my next entry.
Could be also a good hedge to AUDCAD
~~
Bears on USDCAD Hey guys I wanna come up with another market: USDCAD.
Unfortunately I'm still not able to make larger analysis, because I can't post any kind of pictures.
Anyways, we are looking at the 4 Hour Chart of USDCAD. If I could only show you the bigger picture, you would probably understand it easier. But I will try to explain it with my words.
The green line at the high is the 1.618 of a target zone resulting of a bullish sequence. At that point the price were also in a bigger correction level (black square which you barely can see).
The market reacted very good and activated a bearish sequence in blue. Looking kinda ugly, but as you can see we are in a valid bearish correction level, therefore picturing a nice sell oppurtunity.
In your 30min chart, you can recognize a little bearish sequence starting in this sell blue sell area, which already got finished and even triggered us peeeeerfectly at the 0.5 correction level of this whole move.
This market is definitely a nice one to sell.
We have enough space to reach the green correction level of the previous mentioned bullish sequence which slightly overlaps with the blue target area. (0.667 of green perfectly lines up with the 0.5 of blue)
That was a fast one, but I just felt like posting this and I hope it was easy to understand for you guys.
Have a nice week.
System learned by Stefan Kassing!
This is not an investment recommendation!
Further drop for EURCAD?Above you can see the daily chart of EURCAD with an activated big bullish sequence (blue).
Since it's a bullish sequence and the chart looks pretty cheap overall (Monthly chart), we would like to see some possible buy areas!
After the first correction to point B we were able to define a new high (number 1). If the market comes down after the previous scenario, we can draw the BC correction level which I named "Previous BC Correction Level" because it is not the current right one.
The market slightly over-extended but created a new higher low (number 2) which led to nearly a same high like point 1. (Nevertheless it's a little bit higher, which led to a new BC-correction level).
Of course this whole move doesn't look like there were enough bulls in the market to push the market further to the top.
EURCAD started a bearish sequence from up there (black) which has its target area right around the point B from blue. We need to remember that every low and every high is a liquidity zone.
As you can remember the low at point 2 gained not enough power from the bullish perspective. The following green bearish sequence seems like it was just drawn right in the middle of the chart. Unfortunately I'm not able to show you more pictures especially from the lower timeframes. I am missing reputationpoints haha. You could see that this sequence started after a consolidation phase which therefore is a valid opportunity to define a new sequence.
The green BC correction level worked very good. The next very attractive buy area is obvious. The green target zone slightly overlaps with the 0.667 line from blue. Since we are still in a valid buy area from the daily chart, this is a nice buy chance we need to consider. Another reason is the price area around point 2, which defines a nice liquidity area. Maybe it just needs to catch a few more buyers to reach new highs.
In perspective of price action it is also possible that it will even go further down towards the black target, to offer a cheaper price which can lead to a gain of a lot of buyers.
Conclusion: I'm looking for buys, especially at the overlapping area of green and blue. If the market is able to build some bullish structure before reaching the previous mentioned area, I will risk buys aswell, since the big blue BC correction level has more supremacy.
