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EURUSD SELL LOOKOUT Happy Weekend Traders , EURUSD is already showing willingness to continue to drive down based on the 3 weeks Pin Bars formed on the weekly timeframe. However, i am patiently waiting for price to pullback to my interested point before i would be interested in swinging this pair for a huge amount of pips in the coming week(s) . Your likes and comments would be welcomed . Please kindly Smash the FOLLOW botton to get more of this analysis . Thanks to you all for the support .
Short
by hardinnofx
EURJPY LONG OPPORTUNITY GETTING SETHappy Weekend Traders , has we have already seen the price action formed signaling a buy signal to push the market up to give over 150pips before looking for a new swing opportunity to the downside if the previous high holds. I am still consideration the possible gap that could be created when market opens before looking for the buy opportunity. Your likes and comments would be welcomed . Please kindly join me to get more of this analysis in future. Thanks to you all for the support friends.
Long
by hardinnofx
Price Action & Psychology - Pullback, accumulationHello ! Key points : Accumulation zone Halfway retracement Volume uptrend > volume downtrend Currently, I feel like there's an accumulation going on. In fact, we have some clues that buyers were strong : 1) we see several spikes in volume 2) the bodies of the candlesticks grew wider the more the trend advanced As you can see, we've had a little 1-candle pullback at first. Then, the trend resumed, the stock encountered a resistance (previous support on the left side) and pulled back halfway before accumulating. Obviously, from a realistic point of view, the stock could go any way from here. But, as always, we're trying to stack the probabilities in our favor. During the accumulation, the volume was relatively "normal", except for that spike I highlighted. The thing is, despite the high volume, the price didn't move. This tells us that sellers are not able to win the fight against buyers (since we're pulling back from an uptrend movement, buyers are still dominating). Thanks for reading and if you have suggestions or want to discuss the idea, just leave a comment, I'll be happy to answer. ***Disclaimer : This is not an advice to buy the stock. Please, be aware that trading is a matter of probabilities and that it only takes ONE trader to deny your trade.***
NYSE:MODLong
by UnknownUnicorn6734025
CADJPY LONGPrice is at an important area of support on the weekly chart, I anticipate price to bounce off this area of support and head in an upwards trajectory for a bullish movement. On the 4H chart we see that a new ascending channel can form and as such, I expect the pair to trade within this channel. Retest appears to have been completed. A great potential swing trade setup with lots of pips for the taking. Risk-reward ratio: 1:6.08 SL: 77.791 (-56 pip risk) TP1: 79.553 TP2: 80.774 TP3: 81.754 It should be an interesting setup for the next week if it plays out accordingly. Share your thoughts and analysis in the comment section below.
Long
by AzaraFx
Updates for EUR/USDIn this techncial analysis, I updated what I expect of this par. Well, I hope that this par it's leave at the 0.618% of Fibonacci, reemember of this part of the scalping, well, in this technical analysis my sentiment is short. That is a pull back we hope. Because we found out in the past days a possible formation Shoulder Head Shoulder, and now, it's seem that now when leave at the blue mark zones to possible zone to entry in sell, there are a nice position. If you refer my link to related ideas, I post before of this analysis, a scalping opportunity to entry in long until the find up 30-45 pips. And so, in the scaping strategy I invest 0.02 lots and SL in 15 pips in 15 minutes And remember, in that green zone, there are a zone of decision and institutionals.
Short
by harisonhbn9718
Price Action & Psychology - Trend following, pullbackHello ! Key points : Wide range candles in the direction of the trend Pulling back after over-extension Significant support area After a period of consolidation, the double bottom ignites the new trend. We notice how the wide range candles support the trend. On the hourly chart, there's a break of the trendline, a retest and a failed attempt to push prices down. Thanks for reading and if you have suggestions or want to discuss the idea, just leave a comment, I'll be happy to answer. ***Disclaimer : This is not an advice to buy the stock. Please, be aware that trading is a matter of probabilities and that it only takes ONE trader to deny your trade.***
ALong
by UnknownUnicorn6734025
Price Action & Psychology - TAZ, Relative StrengthHello ! Key points : Pullback in Traders Action Zone Significant support zone Volume increasing Buyers threatening downtrend ("inverted hammer") For more information about the Traders Action Zone, please take a look at my previous analysis ("Related ideas"). The correction yesterday provided us with quite some opportunities. Just as on the idea I linked, we can assume that this stock is pretty solid. By comparing yesterday's overall market correction (near -7% on the Dow Jones) with the price action on individual stocks we find out which stocks are "strong" and which ones are "weak". The stock pulled back into the TAZ and formed an "inverted hammer". In other words, buyers are threatening sellers. The stock gapped down, got bought up and came back down before consolidating (on high volume ) around the opening point (hourly chart). Thanks for reading and if you have suggestions or want to discuss the idea, just leave a comment, I'll be happy to answer. ***Disclaimer : This is not an advice to buy the stock. Please, be aware that trading is a matter of probabilities and that it only takes ONE trader to deny your trade.***
QLong
by UnknownUnicorn6734025