AUDJPY short setupAUDJPY presents two short zones. The first at the top of a channel and second if it fakes out the channel.
Supply Zone
EURJPY shot setupEURJPY seems to be topping in a supply area. A break of its recent low and out of the zone downward, might offer a short setup.
Be sure to get some confirmation when trading these setups.
Zoom In When In DoubtLooking closer into the 4H timeframe, we can see prices is starting to lose momentum as it may push for a final attempt to make a new high wick before declining back.
Due Diligence is a must folks.
SELL CADCHF SETUPHello ! According To me CADCHF Will GO Upto 0.6928 , If 4 Hour Candle Close Below 0.6928 Then you Can Take Short Position On CADCHF . I Have Mention All Entry/SL/TP On Chart . I Hope This Trade Will Give Us Good Profit .
Thank you
Sell EURAUD SetupHello ! According To Me , First Market Should Go Up To 1.5720 , If 4 Hour Candle Close Below Channel Resistance Line 1.5710 Then you Can Take Short Position . I Have Mention TP/SL/Entry Point In Chart . I Hope This Trade Will Give Us Good Profit .
Thank you
Might Dollar Rallied And Reached Supply ZoneWhen the mighty dollar weakens, what is to follow for the markets? hmm, hmm, hmm.
Daily Chart clearly shows a rally into the supply zone . I'd say 1-2 more daily candlesticks before a retracement happens but first it may attempt to reach another high before getting rejected below the supply zone . I wont doubt that supply zone will break the next attempt at it but that wont be for awhile. let's worry about right now before the dollar strengthens again. We use this analysis and it allows us to have a foresight into the trend of other market instruments.
ALWAYS DUE DILIGENCE!
GBPJPY short scalpGBPJPY showing signs of a topping pattern in a local supply zone. Might offer a scalp downward when price breaks on the previous black candle.
SPY x Fed Funds Rate / M2 Money SupplyHere's SPY x Fed Funds Rate / M2 Money Supply.
The only times this metric was this high was in 2000 and 2007 when stock market was in Bubble status.
Looks like SPY is overvalued.
What do you think?
SWING TRADING: LONG EURUSD. TARGET 1.11500TRADE TYPE: INSTANT ENTRY LONG
TRADE DIRECTION: LONG
TIMEFRAME: DAILY
ENTRY PRICE: 1.06350
STOP LOSS: 1.040000
TAKE PROFIT: 1.11480
RISK TO REWARD: >1:1
ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low.
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
Aggressive Shorting Opportunity within the Sell ZoneAn aggressive shorting opportunity present itself within the sell zone.
Shorting is consider trend trading in this trading setup, so why does it consider as aggressive?
That is because the market is now traded on the tip of the box. It presents the Best Profit Factor(Reward:Risk) but in the most risky setup(very close in breaking the Sell Zone).
One can choose to stay out of the trade.
SWING TRADING: SHORT USDJPY. TARGET 126.800TRADE TYPE: INSTANT ENTRY SHORT
TRADE DIRECTION: SHORT
TIMEFRAME: DAILY
ENTRY PRICE: 134.750
STOP LOSS: 136.350
TAKE PROFIT: 126.800
RISK TO REWARD: 1:5
ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
4 Hour Outlook on WTI Crude OilOverall Oil is currently ranging. This is clearly seen on the daily chart. Here on the 4 hour chart I am seeing a potential short setup. We have a nice strong bearish move - breaking structure creating a potential supply zone. We have a possible pinbar at a level worth watching. However I am going to wait for price action signal to the downside within the supply zone I have highlighted in grey. Price has been retracing from this bearish move down, and currently showing us selling pressure. This can often times be manipulation and then quickly touching back into the supply zone before making the real move.
Demand Trading Example (5 minute is more confluent)Here we have a textbook example of my formulated demand and supply trading formula.
P2P | DXY OutlookJust a look into what we project from #DXY. Will keep weekly updates on the page! Enjoy.
**DISCLAIMER**
This is a prediction not a signal. Trade wisely.
EURCAD short setupAfter a big drop, price has been recovering with little corrections on the road and now closing in on its supply liquidity.
Therefor it might offer a good chance for a nice short setup as this zone might offer some selling pressure coming back in.
USOIL (CRUDE OIL) PERFECT BEARISH SETUPTVC:USOIL
HI , TRADER'S .. AS YOU CAN SEE HEAD & SHOULDER PATTERN IN 4HR TF
Price is making beautiful bearish H & S , Price is completing right shoulder and reaching Neckline
Neckline or support line is near 72.90 , once market breakout from neckline and retest it
Sell entry can execute after retest , Target will be 64.00
Trade with proper risk management
❤️Please, support my work with follow ,share and like, thank you!❤️
Bearish Shark within Sell ZoneA Bearish Shark Pattern 🦈 falls within the Sell Zone which is great for shorting opportunity for the entire trend trading opportunity.
I'm waiting for a Candlestick Pattern confirmation to engage the trade.
SWING TRADING: LONG USDCAD. TARGET 1.42000TRADE TYPE: INSTANT ENTRY LONG
TRADE DIRECTION: LONG
TIMEFRAME: DAILY
ENTRY PRICE: 1.34500 TO 1.35000
STOP LOSS: 1.28600
TAKE PROFIT: 1.420000
RISK TO REWARD: 1:1
ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low.
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
Bearish Look on EURUSD until end of WeekBearish
Funadamental Background : CPI helped price to pullback and breathe
and now we have returned to the lows.
Momentum: Bear Candle from Last week with solid body
Technicals
1) Large Top wick rejection
on weekly candle after printing
Bear Candle last week
2) Was anticipating Bears to show up this
week AFTER a potential pullback ..
Which we did get a pullback to 1.07900
3) Price just pierced last week's
low , Monday's Low, and Wednesday's
Low
4) Price respected 1.07100 as anticipated
across the duration of current daily candle
5) Range to fill to downside down to 1.5500
USOIL - Break of Structure 📉The USOIL price touched the Daily Resistance Level 🧐
The Key Level (Higher Low) is broken 🔥
so, i predict a bearish move 📉i'm Waiting for confirmation 🧐
TARGET 1: 77.11
TARGET 2: 75.94
TARGET 3: 73.36🎯
...
if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
Gold short towards $1830 and $1825Xauusd price fell below $1850 on Wednesday. Currently pressured near $1836 gold may fall to test $1830 and $1825 demand zones from January 5 2023. The strong US dollar drive flows away from gold price and is near multi week high with high expectations from the Fed. A recapture of $1850 and $1860 zones are essential for the commodity otherwise the fall below $1825 can be expected. Long term trend is bullish but currently gold is experiencing correction phase.
