USDCHF I Headed toward the support areaWelcome back! Here's an analysis of this pair!
**USDCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
Structureanalysis
Dollar Index in range since 1988, weekly timeframeThe Dollar Index has been in a large range since 1986, breaking out of it on both sides at different times, but always returning to the large value zone. If the historical cycles are respected, it will most likely experience a large correction towards the center of the range at least, which would help the rise of many instruments from different markets, including the GC or XAUUSD, BTCUSD (a possible rally of cryptocurrencies), EURUSD and many others.
NZDCHF: Keep an eye on this up wave!Hey Traders, looks like NZDCHF will be pushing up soon, why are we expecting this up wave?
A complex corrective structure is completed and market is ready to push up.
So, should you jump in? No, wait for your buy setup and you go for the buy. What if market continue the fall? We will not enter before we get our buy setups.
What if you are already in the sell? You take all your profits and look for your buy setups.
For us, the structure needs an up move to target liquidity above previous highs, what after that? corrective structure and another push up but let's take it step by step.
Even if market wants to continue to the downside, a corrective structure upwards is needed so we will be looking for our buy setups for now anyway.
We hope all of you get in few of our previous charts/trades like USDCAD, USOIL, EURCAD, NZDUSD, GBPAUD and made money.
If you want us to post more charts, setups and explain more about the next move, make sure to follow us, like and comment.
What we are sharing here is only our point of view on what could be the next move in the market based on our wave analysis concept so this is a directional bias and not signals...
DO NOT FORGET OUR 4 GOLDEN RULES:
1) Do not over-risk
2) Do not over-trade
3) Do not trade without stop loss
4) Never ever add to losing position
Trade with care
We Trade Waves Team
GBPNZD Long Set Up Welcome back! Here's a potential buy scalp opportunity for KiSS 2.0 Strategy or whatever entry criteria you use.
**GBPNZD - listen to video analysis.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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CHFJPY Short Welcome back! Here's an analysis of this pair!
**CHFJPY - Bearish breakout and strong rejection at key level. Targets 132.76, 55, and 131.00 swing.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
MMH POSSIBLE SELLS BUT AFTER...first of we should appreciate the fact that we are at the top of the rend line , which is our daily trendline . in this case that is our dynamic resistance zone , that has been at a pike for the longest time. we see the price fall back to structurer with intensity , breaking through the previous support zone that now is turned into several tests as a resistance zone
secondly we can see a consolidation of price around this area at the current price action. This clearly means that its a zone where lots of traders are willing to sell from. This indicates us that there are presence of STOP LOSSES AND BUY orders .(liquidity)
what we anticipate for the money makers move is to slightly spike it up for the long term sell offs.
now here is the catch. we wait for the spike the later on the break of the lower time frame structure at the current structure . for a possible entry.
USDJPY Analysis & Trade IdeaPrice is in an uptrend on the HTFs, but is bearish on the 15M. This bearishness may be short term, as price is potentially making a HL.
The possible pivot points are our marked POIs, where I will look to enter long.
No confirmation, no trade. I need to see price shift from bearish to bullish momentum before any long entry.
US500 next possible price developmentUS500 structure is showing a potential harmonic bat pattern developing that can influence price to down to the target level indicated on the chart. price just tested a RESISTANCE Area aligned perfectly with a breaker candle that is responsible for shifting this market to bearish environment. Price is converging in a counter rising wedge, we can expect this instrument to drop to the marked target before launching up to the EQH's @45.95 in order to grab liquidity above this area. Good Luck!
BTCUSDT Going LongBTCSDT is showing bullish intentions, the market shifted from a bearish environment to a bullish one, with a change of character and violation of bearish structure.
we can also see that the market breached above the downward trendline and this provides enough confidence to anticipate that the bulls are now in control, I am expecting this market to gravitate back to the support area I indicate on the chart.
GBPUSD providing a Good Buy SETUP 500+ pipsI think this pair will push to the upside, conversely to the target marked down on the chart. we have change of character and a violation of structure to the upside, market is still accumulating and building enough liquidity to commence with the next move and ultimately target liquidity above high of day swing level as I anticipate. Good luck!
GbpAud SwingGBPAUD has been showing bullish signs on 1D TF.
The pound has been showing some strength whiles AUD is still generally weak as shown by our economy value flow models.
Price has approached an interesting zone which is of critical interest to us.
A LTF reaction is giving us an indication to go expect this zone holding. To find out about this LTF reaction check my bio
We have a limit order set
NZDUSD Analysis Bullish Set Up Welcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
** Bulls have taken charge and managed to break resistance at 6850 zone. Now that structure is broken, we expect a slight pullback into previous structure support, which would be ideal for a
long opportunity. First tp 6908 and second tp 6960. Recommended stop 6800 zone.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
GBP/USD Key Areas Ahead to Take Action.Take Action on these areas after confirmation with candle stick formation patterns . Use Shorter Time Frames like 15 Minute to take entries on retest of a breakout or rejection of any of these areas mentioned on the chart. Don't ever predict the market let it print the evidence for you to take a position. A retest on shorter time frame is always the best approach to take an entry long or short. So Stay Tuned for Further updates as they happen.
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BTC/USDT Perpetual Key Support Resistant Areas to Trade On.Just Trade the Price Action on these key areas with some money management . Don't predict the market rather follow Let the price tell you what it has to tell you. A Support or Resistance is only broken when it's BROKEN . and you will see that only after it actually happens. For taking the entries only use shorter time frames like min.15. After a breakout on shorter time frame you will often get a retest of the area to ENTER into a position Long or Short then aim for the next area as target. Its very simple but hard to follow. Just wait and watch you don't need to be in the market all the time.
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