Topdownanalysis
AUD/USD TOP-DOWN ANALYSE-HEAD & SHOULDERS OPPORTUNITY!! Hi,
1- After touching weekly supply and demand area, we already expect starting of bearish trend.
2- Head and shoulders also one of the well known reversal pattern and at the daily chart one of the perfect example shows up and crossing with supply/demand area.
3- Moreover, on the H1 time frame, continuation price action pattern arise.
Everything seems clearly confirm bearish movements at the moment.
Bullish top down analysis according to sessional tendency feb is in consolidation but jpy is strongly bearish . Cot report show the commercial increase there long. in price make a Quasimodo then break the previous . its indicate the strongly bullish
XLM/USDT Preparing Its Rocket Towards the 0.3947 level 🚀🚀🚀💡 Trade Idea
📈 Buy Limit XLM/USDT @ 0.2810
🎯 Target Profit 0.3947
🛑 Stop Loss 0.2511
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price was trading within a descending wedge formation before reaching the daily support @ 0.2285. We have a 61.8% Fibonacci pullback which indicates a potential reversal to the upside where the price might reach the 0.3947 level.
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Risk Disclaimer: All trading ideas published by collegeofpips are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
GBP/AUD Might Tumble to the 1.7422 Level 🔨🔨🔨💡 Trade Idea
📉 Sell Limit GBP/AUD @ 1.7634
🎯 Target Profit 1.7422
🛑 Stop Loss 1.7736
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price was in a clear downtrend, but it posted a double bottom near the daily support (1.7423) which indicates a potential reversal. As per our analysis, this reversal might be a slight correction to the upside towards the 61.8% Fibonacci pullback and then a potential move downward to the 1.7422 mark.
-------------------------------------------------------------------------------------
Please press “Like” if you appreciate the trading idea 👍
“Follow” for more trading ideas in the future 👀
“Comment” below to share your thoughts with us and other traders 👥
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by collegeofpips are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
AUD/USD A Potential Drop Towards the 0.7645 Mark 🔨🔨🔨💡 Trade Idea
📉 Sell Limit AUD/USD @ 0.7733
🎯 Target Profit 0.7645
🛑 Stop Loss 0.7777
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price has been trading inside a bullish channel and succeeded to break it to the downside. A double top has been noticed near the daily resistance (0.7760) which indicates a potential reversal to the downside. Our expectation is a slight correction to the upside towards the 50% Fibonacci pullback (0.7732) and then a drop downward to the 0.7645 mark.
EURUSD- Potential Bullish continuation?!Technical Analysis
- EURUSD has been in a uptrend since 25th may 2020 and has shown strong bullish momentum ever since.
- There has been loads of confluences shown in the higher time frames which indicates that we should be looking for buy this pair.
- 50 and 200 EMA added confluence to go long as it shows bullish trend on the higher timeframes.
- On the 4 hour we can see an ascending triangle which is another confluence for me to buy and a good opportunity for me to enter on the reversal of the resistance turned support of the triangle.
Fundamental Analysis
-The fundamental news for the this week shows loads of high impact news on the US Dollar 10 high impact news releases for the week.
-These impact news include news : retail sales, crude oil inventories, fed interest rate, FOMC press conference and many more...
I would be wary trading around these news releases as impact news can have a major impact on the EURUSD pair such as price spikes, sudden change of trend.
Sentimental Analysis
- According to COT Data, there has been a large amount of orders as 62% of short positions have been placed on the US Dollar in the past week by commercials (banks).
- This could show that there could be a potential reversal in prices to the downside to catch out the retail traders who are long on this pair.
Please make sure to follow, like and comment your ideas/opinions on the EURUSD!
CHF/JPY | Potential Downward Movement💡 Trade Idea
📉 Sell Limit CHF/JPY @ 117.07
🎯 Target Profit 116.12
🛑 Stop Loss 117.29
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price was trading within a bullish channel and managed to breakout from the lower side. The market has posted a correction and could not surpass the 38.20% Fibonacci retracement indicating a potential reversal with an expectation of a downward movement to the 116.12 mark.
AMAZON video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for AMAZON, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
AUD/CHF | Potential Upward Movement💡 Trade Idea
📉 Buy Limit AUD/CHF @ 0.6619
🎯 Target Profit 0.6701
🛑 Stop Loss 0.6582
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The pair was trading within a bearish channel and manages to break from the upside. A lower correction has been posted along a hammer on the higher end of this channel. Now, a potential move upward might be seen towards the 0.6701 level.
Could We See the EUR/NZD Reaching 1.7265 Level ?💡 Trade Idea
📉 Buy Limit EUR/NZD @ 1.7125
🎯 Target Profit 1.7265
🛑 Stop Loss 1.7055
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The pair is trading within a corrective channel and heading towards the 50 % fibonnaci pullback. Our expectation is that the price will hold around the daily support 1.7125 level before making its move to the upside.
CAD/JPY | Potential Downward Movement
💡 Trade Idea
📉 Sell Limit CAD/JPY @ 81.43
🎯 Target Profit 80.61
🛑 Stop Loss 81.84
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price reached the higher end of the channel and now the sellers are trying to push the price downward. We have a daily resistance at 81.43 level which might prove to be difficult to break and lead to a reversal to the 80.61 mark.
CAC40 | Potential Upward Movement💡 Trade Idea
📈 Buy Order CAC40 @ 5550.3
🎯 Target Profit 5612.7
🛑 Stop Loss 5519.2
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The index is trading within a bullish channel, the price is sitting on a strong support (green highlighted zone). A lower correction might be seen, and then a move upward towards the 5612.7 mark.
NZD/USD | Potential Downward Movement💡 Trade Idea
📈 Sell Order NZD/USD @ 0.7036
🎯 Target Profit 0.6940
🛑 Stop Loss 0.7072
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The failed to probe above the daily resistance (blue line), and then posted a head and shoulders which indicates a potential reversal, plus we have a breakout of the bullish channel to the downside.
US30 seeking new highs forget lows!I’m predicting US30 will continue climbing into unknown territory for this group of achievers.
Since I’m a newbie in indices tradering I find scalping on a five minut chart to be most beneficial and after this restest daily candle for MONDAY I expect price to continue the uptrend into 30,300 and higher.
Get your computers ready, the mist poltical confusions means more economic gains for retail traders..
we not here for a long time just a short time.
Grab your pips and leave!
Play both sides and stick to your trading plans.
Times are uncertain but we must take control of our income and NOW IS THE TIME TO TELL THE POLITICIANS WE THE PEOPLE STILL ARE THE LEADERS NOT THE SERVANTS!
USOIL | Potential Upward Movement💡 Trade Idea
📈 Buy Limit USOIL @ 45.95
🎯 Target Profit 48.68
🛑 Stop Loss 44.65
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price manages to breakout of the range and close above it, we expect is a lower correction to the higher side of this range, and then a move upward towards the 48.68 level.
EUR/GBP | Potential Upward Movement💡 Trade Idea
📈 Buy Limit EUR/GBP @ 0.9000
🎯 Target Profit 0.9125
🛑 Stop Loss 0.8939
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price failed to close below the daily support 0.8866, and it posted a double bottom indicating a reversal from downtrend to an uptrend. Now, the price is trading around the neckline of the double bottom and we expect a lower correction before a move upward to the 0.9125 mark.
AUD/USD | Potential Downward Movement💡 Trade Idea
📉 Sell Order AUD/USD @ 0.7419
🎯 Target Profit 0.7340
🛑 Stop Loss 0.7449
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The daily resistance rejected the price and now posted a head and shoulder pattern indicating a potential reversal.
GBP/NZD | Potential Upward Movement💡 Trade Idea
📈 Buy Stop GBP/NZD @ 1.9077
🎯 Target Profit 1.9244
🛑 Stop Loss 1.8994
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The pair is ranging within a bearish channel and it showed a double bottom indicating a potential reversal. The price now is sitting around the neckline and there is a high probability to see the price shooting to the upside.
NZD/USD | Potential Downward Movement💡 Trade Idea
📉 Sell Order EUR/AUD @ 1.6303
🎯 Target Profit 1.6146
🛑 Stop Loss 1.6372
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The pair failed to close above the daily resistance (1.6336) and it posted a head and shoulders which indicates a reversal. The price manages close below the highlighted zone and breakout of the channel to the downside which signals a move downward.
NZD/USD | Potential Downward Movement💡 Trade Idea
📈 Sell Limit NZD/USD @ 0.7057
🎯 Target Profit 0.6941
🛑 Stop Loss 0.7084
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The pair is trading within a bullish channel but reached a daily resistance. This resistance might be difficult and lead to a reversal especially, we have a double top posted near it. Lets see if the NZD/USD will drop to the 0.6941 level.
EUR/USD | Potential Downward Movement💡 Trade Idea
📈 Sell Order EUR/USD @ 1.2047
🎯 Target Profit 1.1964
🛑 Stop Loss 1.2088
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The price failed to break the daily resistance (1.2088), and it posted a double top which indicates a potential reversal. The price is trading around the neckline of this pattern, so we expect a move downward towards the target profit.
EUR/AUD | Potential Downward Movement💡 Trade Idea
📈 Sell Limit EUR/AUD @ 1.6336
🎯 Target Profit 1.6146
🛑 Stop Loss 1.6393
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The pair is trading within a bullish channel. It reached a daily support by posting a double top. We will wait for the price re-test the neckline of this pattern and go for a sell position towards the 1.6146 level.
