AUDUSD short idea
Fundamental bias for this pair is Bearish, because of Strong USD in sake of hawkish monitory policy and neutral bias for AUS because of decrease in China's economic growth and the problems of Corona in China, which caused problems in the supply chain
Daily trend is sell
AUD 10Y bond yield: 3.976
U.S. 10Y: 3.697
Most of Retail traders are in long position so this is another sell opportunity.
This opportunity can be open a sell at 0.64888 and another sill limit at 0.66234 area
Terminal
BTC Rising Wedge Breaking Down to 10k (Neowave/Elliott wave)Bitcoin at this timeframe appears to have formed into a flat with a terminal impulse ( rising wedge ) for wave-c. We're now breaking down from that wedge and should see a complete retracement of wave-c in less than 50% of the time it took to form. This will confirm the terminal action for wave-c and confirm that we are heading down to the next major support around 10k. If 10k is unable to hold the next support for wave-E is 6k.
Long on GOLD, just for short-term📝 Weekly gold
From the beginning of 2022 to this moment, It was the best for the US dollar.
In the last 9 months, this global reserve currency has taken full advantage of the increase in interest rates, risk-averse flows, and the lack of a suitable alternative during the recession.
In last Powell speak, he said, would do whatever it takes to control inflation, even if the measures lead to recession. This strengthened the US dollar again and kept the rise of gold.
◽️ A strong labor market has convinced the Fed chief that the economy can withstand the central bank's contractionary policies without going into recession According to this, interest rates will remain at high levels for a while
◽️ Gold has room to see higher prices but, we have to be more careful about our trades when FED is ready for another new hike.
Currently, the market has priced in an 85% probability of a 0.75% interest rate hike for the upcoming Federal Reserve meeting.
◽️ This week's economic data is very important like previous weeks because inflation data (CPI) can show the roadmap of the central bank and how successful it is in curbing inflation.
Inflationary expectations have decreased slightly and if it continues for several months, it will lead traders to bet on reducing hawkish policies.
A weaker release data could be pressure on the USD and could push the gold too and the effect could be just for a short-term Because we know about the policies of the central bank and the 4% target at the end of the year
🔻 What our team predicts is that the dollar will have a downward bias this week due to lower inflation expectations, and for that reason, gold can grow in the short term.
but keep in mind, that the mid-term bias of the US dollar is bullish and Gold is bearish. So you should expect a little upward return for gold.
🔻 Your support levels could be $1690 and $1700, and the resistance for your long positions is $1728 and $1745
🔻 A price fixing above the $1728 area can lead to higher rates for gold. District $1745 and $1760
Short on EURThe EURUSD currency pair follows the parity rate of one at the ECB meeting.
EURUSD has bounced back from a good low level since the beginning of the week, which is due to the news of increased interest rates.
But the point is that the expectations from the European Central Bank have increased and this issue provides more downward space for EURUSD movements.
The possibility of a 75 percent increase in prices is valued.
At the sound of the European Central Bank announcing a half percent increase, the euro will fall. With an increase in interest rates by 75 percent, the event "buy rumors and sell in news" is expected.
will have. In addition, without a commitment to do whatever is necessary to reduce inflation, the euro will continue to lag behind the US dollar.
Any forecast of a recession in the euro area could reduce expectations of aggressive ECB actions and would be negative for the euro.
From a technical point of view, as well as with the increase of interest rates by the central bank, the price of this currency pair can reach higher levels in the short term, and due to the long-term downward outlook, recession, and high inflation, and the energy crisis, entering the selling position from the high to The rates of 0.9901 and 0.98546 will be valuable. The resistances of 1.0046 and 1.009 can limit emotional growth.
Apply proper risk.
wish you the best
EURUSD short ideaThe EURUSD currency pair only due to the Over-Bough of US dollar and the closing some of them in the higher-higher of DXY, and in another side as well as the words of the ECB regarding the increase of 75bp interest rate, will cause this currency pair to rise to higher rates, but still for the fundamental direction is BEARISH.
As a result, we suggest selling from higher areas around 1.00793 to 1.019
Now that I’m Officially Bearish….watch BTC turn bullish instantI’ve been stop lossed two times now trying to enter bullish position at $41K and $39.5K yet Bitcoin still wants to drop over 15% after the “Russian pump” now all i can do is turn bearish and target $28K as my take profit.
super disappointed to see this whole thing collapse and the FED threatening to kick us while we are down. This seems like a huge play to just give institutions the ability to start buying in at the lowest floor ever its officially a SCHEME like stock markets. No confidence, no volume despite the news reporting so much volume this and that = GARBAGE/PROPOGANDA.
The agenda of mass media is striking fear into everyone, making this about “Russian Citizens Evading Sanctions” when really the government just wants to tax the living hell out of crypto and monitor everything under their filing cabinet. The war on terrorism now gives governments ability to lock people out of their federally funded capital no questions asked. Now they want to be able to deny basic rights to even transact crypto based on where you live and next it’ll be your political views, religion, race, etc…..Tyranny
Technical Analysis is great, but it doesn’t overpower the lack of human ability to think rationally or educate themselves. We are people, we are stupid, and buy in at the top and sell at the bottom is the new motto for this new generation of investors. I’m sorry to rant but I’m bearish AF, should have been back when we rejected $45K four times before.
Range or WAIT? or SELL?On the other hand, given the good news on the US dollar, on the other hand, the bearish outlook for the EURUSD is currently neutral, which means that the probability of failure on both sides will fluctuate. Key support and resistance levels will be at 1.1280 and 1.1360, respectively.
The Ziwox terminal trading offer in the daily trading mode is selling on price corrections. Also, in terms of swing trading, the terminal knows patience better.
A break of 1.13839 indicates the strength of the euro to reach 1.1602, and where we are ready to resell this.
EURUSD, Bearish Flag paternThe downside flag on the EURUSD currency
Given the divergence between the European Central Bank and the US Federal Reserve, the euro is likely to experience lower prices against the dollar.
Despite the disappointing NFP figure, analysts believe that the Federal Reserve will continue to tighten market conditions this year. This will be achieved by ending quantitative easing policies and then raising interest rates. Analysts at banks such as Barclays believe that the Federal Reserve will increase in March this year.
Forecast for EURUSD
According to the daily chart, we see that the EUR / USD pair has been in a volatile range over the past few months. As a result, the pair has moved between the 25-day and 50-day exponential moving averages. A closer look shows that the chart forms a descending flag pattern. The price is currently slightly lower than the top of the flag pattern.
Therefore, it is likely that the pair will decline in the coming days as investors predict a divergence between the Federal Reserve and the European Central Bank.
The information of the Ziwox terminal is in the same direction.
-Link
The fundamental direction of this pair is declining
Analysts and financial institutions forecast a 67% decline.
Their retailers are more focused on buying this asset, which further reinforces this downward scenario.
This pattern of the flag is confirmed by breaking area 1.12637.
Be successful and profitable.
$ORN: Status check. Waiting on Terminal launch!Hey yall hope you've been accumulating more $ORN before it goes on its rocket trip. As you can see price action has been forming a giant bullish pennant formation. With a downward consolidation between those tightening top and bottom trend lines. We've also seen a smaller lower trend line forming inside this, with 3 consecutive wicks bouncing off that lower line. The 3 scenarios I expect to happen I've drawn in green for the most bullish orange for meh.... and red for most pain.
Fundamentally the terminal launch will be massive, and if it's anything NEAR what we expect it to be? It's going to change the way we trade. I know for a fact that one of the hardest hurdles for new people getting in to crypto is navigating all the different exchanges and swaps and dex's in order to buy the crypto that they're interested in. Orion Protocol's Terminal will change everything. Very very exciting. I expect price to go on a decent run, but to be subdued until we get to the staking.... once staking hits some time in Q2? Sheeeesh. It's gonna go.
$ORN: Bearish TA + Bullish FA = ?Fundamentally: Orion Protocol is a crazy bullish platform. We're approaching quickly the public launch of the terminal and once people realize the game changing utility of a one stop shop, best price, no KCY market aggregator? This will absolutely rip. 3 figures within a couple months wouldn't surprise me at all.... The $ORN team also keep PUMPING out partnership and integration announcements. This morning they announced a new integration partnership with $AVAX... Avalanche will bring significantly faster transactional throughput and finality, lower latency, and increased security to Orion Terminal.
Technically: On the daily chart, we've printed back to back "Sell" signals. If you look at the price action, a top and then a failed push back above looks decently bearish, and we've not had a decent pull back in multiple weeks. On the right hand pitchfork chart? We've seen the PA really respect the bottom 2.0 prong. There's multiple trend lines in play here. We're also seeing the .786 fib that was acting as resistance now flipping to support? We'll see in the next couple days.
Potential DOGE RetraceHi guys,
This goes against my gut feeling due to all the Doge twitter hype, but it does seem to potentially be making a Terminal Wave-C, where the retracement would be 100% of the terminal at minimum (~$0.022).
Wave-5 potentially isn't done and can go higher (if it does my guess would be 10 cents), but I think this is a possibility. Elon's last Doge tweet didn't seem to get quite the reaction that the previous ones did, so it may be losing its lustre temporarily... But overall I am still bullish on DOGE.
$ORN IT MAY SURPRISE US WITH A HUGE MOVE UP BEFORE MAIN NET!$ORN: #1 AltCoin on @LunarCRUSH
New Terminal, a new era.
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WARNING Triple Top on $ORNIf we close above $ 3.50 and hold, it may continue to rise $ORN
What Is a Triple Top?
The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be on the way.
Triple tops may occur on all time frames, but in order for the pattern to be considered a triple top, it must occur after an uptrend. The opposite of a triple is a triple bottom, which indicates the asset's price is no longer falling and could head higher.
How a Triple Top Works
The triple top pattern occurs when the price of an asset creates three peaks at nearly the same price level. The area of the peaks is resistance. The pullbacks between the peaks are called the swing lows. After the third peak, if the price falls below the swing lows, the pattern is considered complete and traders watch for a further move to the downside.
The three consecutive peaks make the triple top visually similar to the head and shoulders pattern; however, in this case, the middle peak is nearly equal to the other peaks rather than being higher. The pattern is also similar to the double top pattern, when the price touches the resistance area twice, creating a pair of high points before falling.
GBPAUD : Lucrative Long Position Opportunity may AriseHi.
Percentage change of General Terminal in the process of 61 1D bars: (DXY Drop Length)
As seen in the terminal
Compared to GBP AUD, it is relatively inexpensive.
A strong Parallel Channel is broken.
But there may be a retreat.
After that, a Lucrative Long position opportunity will arise.
I'll try to catch it.
Let's be on guard.
Regards.
NZDJPY FIFTH WAVE OF ELLIOTT ( TERMINAL ) Abtin00Hello again guys
Our last analysis about fifth wave of 4 exactly done
In new analysis we can say we have a Terminal wave and we expect that fifth wave does not exceed the desire range
Put SL one dollar lower than lower price of Wave 4 that shown on chart
Enjoy your profit
Bingoooooo
USDCHF : Trading Plan for Profitable ShortHello !
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More importantly, let's get into comment sharing!
Let's start.
USDCHF 1W Chart and Status :
As can be seen, the distributional (gradual) sales signal came and there was a decrease in momentum.
Terminal Status in 107 weeks period (Bullish DXY Session) :
The Swiss Franc (CHFUSD) is the only pair that has faced an increase in the bearish decline.
In addition, there are Large Position Resolution in the Australian Dollar. (AUDUSD Positive)
Let it be the subject of another trade. :)
As a result, there is a big picture that supports USDCHF short.
But let's not rush and also look at the adaptive period in the short-to medium term.
Terminal Status in Relativity Adaptive Period Length
The rises find support with a nice COT Position increase.
COT Position increases are not at absurd levels, even if there is an increase in USDCHF prices, so I wrote in the forecast, a short back is played in the currency.
Which was my opinion !
Parameters
I studied this trade in two regions.
Let's not forget, Fibonacci only has a long trend in lasting price movements above 0.618.
The risk / reward ratio corresponding to the quotation came to me low, at least we can expect to pass the upper-middle levels of the first region.
Suggested Parameters :
*** Trade 1 :
Position Size : %0.5
Risk/Reward Ratio : 1/2
Stop-Loss : 0.99661
Goal : 0.96480
*** Trade 2 :
*ENTRY : 0.98866
Position Size : % 1
Risk/Reward Ratio : 1/3
Stop-Loss : 0.99661
Goal : 0.96480
NOTE :
If this trade fails, variations that can be retried may occur, so let's log in in small quantities.
And in these regions, the signal type of the indicators and the intensity of the buy-sell region are also very important.
With my best regards..
AUDCAD : Good Risk/Reward Ratio, well worth a try Long.Hello Traders.
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More importantly, let's get into comment sharing!
Let's start.
AUDCAD 1W Chart
Terminal Status in Adaptive Period :
Parameters
Position Size : %0.33
Risk/Reward Ratio : 3
Stop-Loss : 0.87378
Goal : 0.89466
Best regards.✌
NZDCAD : Long Setup with Potential Buy ZoneHello Traders.
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Let's start :
The US Dollar Index has been rising for the full 103 weeks :
Terminal Status in these 107 weeks:
When we look at the terminal, NZD and CAD seems equal in terms of both positions,but NZD is more discounted.
Recommended parameters:
Position Size : %0.5
Risk/Reward Ratio : 1/1.87 (But if we get an opportunity inside Buy Zone, this rate can become more valuable.)
Stop-Loss : 0.84575
Goal : 0.86196
NOTE :
In the case of a negative scenario, we may have to try again ,
so let's keep the position size in small amounts.
And let's consider the Buy Zone (Yellow Area).
Regards.