Get started

Structure

Weekly Trade Recap: NZDJPY, NZDUSD, GBPJPY 05-28-22Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between May 15th- May 20th. NZDUSD: Closed down for +0.51% profit Full analysis/forecast: NZDJPY: Out for BE Full analysis/forecast: GBPJPY: Out for -1% loss Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
by jojofang0901
9
EURJPY Same Bearish Reversal, Watch Cor More Downside Hi traders: EURJPY has also developed nice bearish price action from higher and lower time frames. Start from the HTF, we can see a nice clean double tops, and price failed to continue higher after hitting the previous highs. Instead, we see a H and S reversal structure, and on the lower time frame, strong bearish impulse broke below the lows. Latest development has formed correction on the lower time frame, good signs of further bearish price action. Look for continuation, bearish impulse to break out for confirmation to the next lows. Thank you
Short
by jojofang0901
36
GBPJPY More Downside, Watch For Continuations Hello traders: GBPJPY has show good bearish price action since end of April, and we could potentially see more bearish downside. From the HTF we can see the overall price has hit a top of a higher time frame structure, and signs of bearish reversal move down. On the lower time frame, a Head and Shoulder pattern has formed, price impulse down, broke previous lows, and formed possible continuation correction. Good idea to look for confirmed impulse out to of the continuation correction for best entries down to the next lows. Thank you
Short
by jojofang0901
43
NZDJPY Follow the JPY Strength for More downside Hi traders: Also on watch is NZDJPY which has been pushing down aggressively from the top. From the higher time frame we can see clean double tops, expanding structure, and price indeed reverse down from the top of structure. Here on the lower time frame, price formed that double tops, ascending channel, and strong bearish impulse down. With a few impulses and corrections, price is able to continue down more. Latest development shows an ascending channel/rising wedge correction, good signs of more bearish price action. Look for lower time frame continuation to push the price down more. Thank you
Short
by jojofang0901
27
SILVER Higher Time Frame Bullish Outlook Hello everyone: Closely watching SILVER for the higher time frame long term bullish upside. We can see from the yearly perspective, price continue to correct after the strong bullish impulse phase after COVID crashed. We can see a large, correctional structure has developed, with multiple swing highs and lows. on the lower time frame, we also see a triple bottoms, price has hit the lows of the HTF structure. There is descending channel and possible bullish reversal price action in the making. To confirm the bigger picture, we should expect to consolidate on the LTFs, and form continuation correction to confirm the upside move. Thank you
OANDA:XAGUSDLong
by jojofang0901
5
GBPJPY | Perspective for the new week | follow-up detailsThe pound clings to upbeat UK job data which appears to be evolving into a second bullish move from a technical perspective. The sharp rejection of the bearish trendline that was broken in mid-April 2022 during the course of last week's trading session appears to maintain a strong bid tone for the Pound going into the new week as I look forward to a breakout/retest of the key level at 160.000 area to join the potential rally. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
NZDJPY Same Potential Bearish Price Action, Watch for Sell Hi traders: Also eyeing is NZDJPY for the possible bearish sell opportunities. We can see from the higher time frame that the price has reach a potential high, possible double tops. Price created this expanding structure and from the top of the structure, we can see there's a bit more lower time frame development. No further bullish price action, instead, a reversal development, and price does look bearish on the lower time frame. Watch for sell confirmation, if price can impulse down further, and form bearish continuation corrections, then it can push the price down more. Thank you
Short
by jojofang0901
37
NQ Power Range Report with FIB Ext - 5/18/2022 SessionCME_MINI:NQM2022 - PR High: 12593.50 - PR Low: 12569.00 - NZ Spread: 55.00 Evening Stats (As of 12:05 AM) - Gap: = N/A - Session Open ATR: 436.59 - Volume: 29k - Open Int: 241k - Trend Grade: Bear - From ATH: -25.5% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14105 - Mid: 12960 - Short: 11820 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQM2022Short
by mv3trader5