Gold sell 1H chartGold faced resistance near $1940 and started moving lower during US trading session. Short term correction is happening with a target $1920 towards next demand zone. In case $1917 support broken it could send XAUUSD to $1910-$1900.
Supply Zone
eurjpy shortWe are approaching our supply level, should price fail to break this level we will look for confirmation candles for shorts.
BTC/USDTbtc looking bearish from my marked 3 zones.
after reaching our zone i am trying to see some confirmation then take a trade in it.
POSITION TRADING: EURGBP BUY LIMIT ORDER. TARGET 0.89600TRADE TYPE: BUY LIMIT
TRADE DIRECTION: LONG
TIMEFRAME: WEEKLY
ENTRY PRICE: 0.87100
STOP LOSS: 0.85000
TAKE PROFIT: 0.89600
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
CHF/JPY SHORTChf/Jpy is approaching our daily supply and reaching the top of our descending trendline, should it fail to break above the close above our descending trendline we will be looking for shorts.
Look for confirmation candles, before selling.
POSITION TRADING: USDCAD SELL LIMIT ORDER. TARGET 1.30200TRADE TYPE: SELL LIMIT
TRADE DIRECTION: SHORT
TIMEFRAME: WEEKLY
ENTRY PRICE: 1.35400
STOP LOSS: 1.40600
TAKE PROFIT: 1.30200
RISK TO REWARD: 1:1
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 is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
SWING TRADING: LONG USDJPY. TARGET 130.800TRADE TYPE: INSTANT ENTRY
TRADE DIRECTION: LONG
TIMEFRAME: 4H
ENTRY PRICE: 129.400
STOP LOSS: 128.000
TAKE PROFIT: 130.800
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 is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
CADJPY NEXT POSSIBLE MOVEAccording to the areas indicated in the chart, we expect the price to start its downward trend after reaching the supply area.
GBPUSD - Going Short on 15 Min time frameBased on Dow Theory, Candle Sticks, and Support & Resistance
The correction about to startHere is my technical analysis on GBPUSD. I prefer swing short on GBPUSD with very tight SL. 200-300 pip potential for next week.
SWING TRADING: SHORT USDCAD. TARGET 1.33900TRADE TYPE: INSTANT ENTRY
TRADE DIRECTION: SHORT
TIMEFRAME: 4H
ENTRY PRICE: 1.34650
STOP LOSS: 1.35370
TAKE PROFIT: 1.33900
RISK TO REWARD: 1:1
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 is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
EURUSD Bullish for nowThe last post I did I said I'm bearish on eurusd. But price is showing bullish orderflow and many people are bearish so there is a lot of liquidity at the top en we are also close to a major high on the left.
I'm expecting that price will make another move up and from there we will see how price moves.
follow me to keep getting updates on eurusd multiple times per week!
EURUSD isn't turning yetAs most people are looking for eurusd to make a turn back down we keep seeing it rally up not knowing when it will stop but i have an idea of where and thats what i'm gonna share with you today,
as you can see on the chart looking at it on the daily we have equal highs wich are attracting price to that supply zone, maybe once they are out we'll be able to start taking sells again, hopefully soon to continue with a bear year for eurusd, i might make another post on macroeconomy and fundamental analisis just to explain why eurusd will be going down this year.
we have a support Zone because of support lines, and the channel we have, i expect thr price to reach 90.950 and make a new high
consider my idea but always be loyal to your own strategy
NZDCHF H4 TF, Next trading opportunity.Hello Traders, today I'm looking at the NZDCHF trading pair for possible shorting opportunities and here's why :
-We've seen the market react off a current supply zone and usually, for the demand and supply traders, a trading opportunity would have been right at that reaction/rejection.
-Although we missed the first entry, we see that the market formed a double top at the supply zone and the possibility of a pullback to say 50% fib level exist.
- If we get the pullback, then we would short to the next structure support level, keeping our RR at a minimum of 3.
Stay Reactive nonetheless.
DATA : Showing new trend + volumeData: seems to enter into a new volume zone
Interesting to check the next trends.
There is no guarantee it will increase further, it's about the watchlist following.
Lets Buy US30looking for buying opportunities on US30. Price on trend line and as well as 61.8 fib level, If it breaks below then we start looking for selling opportunities till 32500
BCH quick CONTINUATIONThis is a continuation of a previous analysis. You will find here the 2 possible outcomes for the upcoming week.
BTCUSD QUICK continuationThis is the continuation for BTC. I am explaining here the potential outcome for the next upcoming weeks. You will find 2 possible scenarios that have been explained in detail, regarding levels.
GBPUSD I Short from channel resistance
Welcome back! Let me know your thoughts in the comments!
**GBPUSD Analysis - Listen to video!
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XAUUSD SCALPING SETUP on M15You might get profit around 70 PIPS on this setup/entry.
Reason for entry :
1) Market Structure: Downtrend
2) Area of Value : Potential Support Become Resistance area and its a supply zone where market done a Drop base Drop
