USDJPY H4Hello traders, USDJPY is setting up for a downside move watch USDJPY with your own according strategy and look for a short position opportunity.
This is just analysis
GOOD LUCK & GOOD TRADING
Thirdtouch
USDJPY H1Hello traders, i am watching price to come around my mentioned area and looking for a next short position opportunity, watch USDJPY in a mentioned area according to your own trading strategy and look for a short position opportunity for a short term trade setup.
This is just analysis
GOOD LUCK & GOOD TRADING
EURUSD H1Hi traders, watch EURUSD with your own according strategy and look for a short position opportunity for a short term trade setup GOOD LUCK.
USDCAD H4Hi traders, USDCAD is setting up for a upside move i am expecting from price to come around our mentioned area and looking price action for a long position opportunity GOOD LUCK.
EURUSD H4Hi traders, EURUSD is setting up for a downside move i am expecting from price to come around our mentioned pattern completion and also a third touch of trendline area and looking price action on the top for a short position opportunity, if price break 0.96320 level without hiting our mentioned pattern completion area then this setup will be invalidate.
Trade with your own strategy GOOD LUCK.
USDCADHi traders, USDCAD is setting up for a downside possible move i am expecting from price to go our mentioned pattern completion area and looking price action on the top for a short position opportunity.
Trade with your own according strategy GOOD LUCK.
GBPUSD H1Hi traders, GBPUSD is setting up for a upside move watch price action on lower timeframe m15 or m5 and look for a long position opportunity, trade with your according strategy this is just a scenario and i would love to be wrong GOOD LUCK.
NZDUSD H4 BAT PATTERNHi traders, NZDUSD is setting up for a downside move i am expecting from price to come around our mentioned bat pattern completion and also a third touch of trendline area, watch price action on the top and look for a short position opportunity if price drop from the current area and break 0.55126 level without hiting our mentioned entry level then this setup will be invalidate.
If you are taking this trade so please i request you trade with your acourding strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong GOOD LUCK.
NZDCAD H1 GARTLEY PATTERNHi traders, NZDCAD is setting up for a downside move i am expecting from price to come around our mentioned area and looking price action on our mentioned area for a downside move. The area that i mentioned in chart is a very intresting level because it is a 78 fib retracement level and also a gartley pattern completion level and the upper trendline third touch. I am waiting for price to come around our mentioned area and looking for a short position opportunity remember price can also drop from the current area in this case our setup will be invalidate GOOD LUCK.
USD/CAD - Out of the WedgeHi all. I am new & trying to self teach on analysis, etc., so any help/advice would be much appreciated!
My analysis on this 1D chart for USD/CAD looks at the possibility of a break out of the descending wedge pattern we have been in since the first quarter of 2020.
We have just seen a bull flag lead to a third tap on the resistance of the overall channel lines. I identify these two events as indicators of a break out of the descending wedge.
I have accounted for an expected retrace to test the resistance line, which would turn to support, before properly impulsing bullishly. It is at this point of retrace where I would look to enter the position, with a stop loss of just below where the bull flag's support is.
I also believe that this will be a large move, with plenty of opportunity to scale in - helping to maximise profits.
Please let me know your thoughts. Any comments will be taken on board, as I try to learn further and progress from experienced traders.
GBP/JPY - Simple Daily StructureWhy have we been looking for long positions on GJ for the past few weeks and months you ask?
Well, on the daily chart we can clearly see we have resided in an Ascending channel for some time now. However, we have now rallied up to the top of our ascending channel with a third touch.
You can see some key levels marked in on the right hand side. These are key levels on the lower time frames that we have been using to take long setups on the pair.
Where will price head next? We are right at the top of the range for this pair.
See our related idea for some long positions on this pair!
NzdUsd Sell Bias-Price has created a head and shoulders pattern
-Price broke the neckline
-Price is on route to retest the neckline & possibly have a third touch of the descending trendline
-I will aim to enter at the third touch, if the opportunity arises
-If not, entry will be at a fib level rejection
Looking for sells Looking for sells IF we can create some sort of double top or a 3rd touch of the channel. So lets see how price plays out
Possible buying Opportunity on USD/CADAnticipating the third touch on this supporting trendline and break-out before we see a big push to the upside . Thank you!!
Trade-well
Use proper risk management
Awaiting USD/JPY Short Following a lot of bullish momentum on this pair since september, it now looks as if price is beginning to look exhausted. We had an impulse, correction and continuation of the bulls since september, but in the last few weeks price has slowed its ascent and this has formed a ascending channel on the 4 hour.
Within this channel we have had 2 touches to the upside, last week we had another bullish impulse, if we get a renewed impulse and third touch, I will be stalking a short from there. It is also possible that last weeks impulse could have been the third push and price just falls from here.
EURJPY LONGA possible trade for next week forming. Price has made a strong bearish impulse lower with a wicked candle. Price action looks to be forming an expanding pattern ,with a third touch of the top structure a possible next destination. I would be looking for price to consolidate first and an entry may become available within the support zone . One I will be watching for the week ahead.
AUDUSD Short trade SetupPrice can keep crashing down or take a lil trip back up towards 0.70004 before resuming its down movement
USDCHF Short PossibilityOn the weekly on the USDCHF we are in a corrective ascending structure. On the daily TF within this channel we have also formed another ascending channel, which we have just seen a retracement off the the third impulse or push.
On the 4hr this third push is represented as a flag and it will be the breakout of this flag that will determine if there is a possible entry of the short trade. If price breaks out of the daily ascending channel to the upside and creates a continuation of the previous bullish momentum it will be invalided. If price is to push lower then there is also the opportunity for it to impulse even lower and break the daily ascending channel.
NZD/CADwill be taking a risk entry as a flag pattern has formed. Stop loss will be 20 pips making a risk to reward 2.5:1. will be a short term trade. This trade lines up for the third touch of trend line as well as a triple top. So alternatively when target is achieved will be looking for sell set ups. Any alternative views please feel free to share.
EUR/USD GOING FOR A LOWER HIGH?!EURUSD is currently in a downchannel and it just rejected the lower trendline for the third time with a nice push to the upside. i am awaiting a little corection to the downside to open a long on this trade.
