Trading-forex
USDJPY, yup yup went up n up, nice move after mid week!Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Did some pretty nice trade on UJ Long, bias still on the upside until unless something changes!
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
EURGBP Will Explode! BUY!
My dear friends,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8573 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.8609
Recommended Stop Loss - 0.8555
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
EURJPY What Next? SELL!
My dear subscribers,
This is my opinion on the EURJPY next move:
The instrument tests an important psychological level 160.62
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 159.17
My Stop Loss - 161.35
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
NZD/CAD LongNZD/CAD Long
• If price impulses up above our most recent two lows on the one hour chart and a subsequent three touch tight fifteen minute flag forms, then I'll filter the latter on the five minute chart and be looking to get long with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
💡 XAUUSD: Reversal signalGold price suddenly dropped sharply in the last session when sellers returned around the 2060 resistance zone. Currently, the price has been forced to fall below the 2040 conversion price zone and is testing the previously broken down channel. Observing on the daily frame, we also see a very noticeable bearish engulfing pattern that has just appeared. The situation has changed, these price behaviors show that the buyers no longer control the market and the possibility that the price will decrease in the short term, you should temporarily suspend the buying strategy. Pay attention to the 2020 zone, if it is completely broken, the target that the bears aim for could be 1980.
GOLD BEST PLACE TO BUY FROM|LONG
Hello,Friends!
GOLD is trending up which is evident from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of 2049.329.
✅LIKE AND COMMENT MY IDEAS✅
USDCHF Set To Fall! SELL!
My dear friends,
Please, find my technical outlook for USDCHF below:
The price is coiling around a solid key level - 0.8609
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8510
Safe Stop Loss - 0.8671
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
USD/JPY ShortUSD/JPY Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back down on the one hour chart followed by a tight two touch fifteen minute flag and then I'll filter the latter on the five minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
💡 GBPUSD: Forecast January 12GBPUSD hit resistance around 1.2780 but there is no sell signal yet. If so, everyone can consider trading. The upward momentum weakens when approaching this resistance area, so you can sell it.
But if in case the price increases strongly and breaks the resistance, it is possible that the peak area will also be broken, then the trend will return to an uptrend, our trading strategy at that time will also switch to buying up.
GBPJPY: Top-Down Analysis & Bullish Setup 🇬🇧🇯🇵
Update for GBPJPY.
The price retested a broken structure on a daily.
After its test, we can see a formation of an ascending triangle pattern on an hourly time frame
and a bullish flag.
The resistance of the flag was broken after the market opening.
We can expect a further growth on the pair at least to 185.8
❤️Please, support my work with like, thank you!❤️
💡 XAUUSD: Unpredictable fluctuationsInternational gold prices remained stable, hovering above $2,000 per ounce, as they did not experience an increase. This stability is attributed to the impact of a report revealing that the number of US workers applying for unemployment benefits last week was lower than anticipated.
This development serves as evidence that the US economy is in a recovery phase, with inflation being effectively managed. Consequently, the US Federal Reserve (Fed) has opted to postpone any interest rate cuts. This decision has caused gold to lose its competitive edge when compared to alternative investment avenues.
According to the CME Fedwatch tool, the likelihood of a 25 percentage point rate cut in March decreased from 69.6% to 63.6%. Gold expert Jim Wyckoff from Kitco commented that gold is unlikely to experience an uptick by the week's end, given the ongoing recovery of the US dollar and the increase in US Government bond yields observed in the previous week.
Tim Waterer, a market analyst at KCM Trade, pointed out that the stability of the US dollar and bond yields is exerting pressure on the gold market.
BTCUSD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for BTCUSD below:
The instrument tests an important psychological level 42829
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 44371
Recommended Stop Loss - 41969
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
———————————
WISH YOU ALL LUCK
Remember I mentioned about GbpAud last week, now what?Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Last week I was mentioning that I was looking at GbpAud since its at a key area of resistance...I mentioned in my video to be open to it breaking up as well..So it did, so far, pullbacks should be to enter on long.
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Usd same old boring range....Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Nothing much changed as compared to the week before..just a quick update.. play the range, know the game. If you play the range for usd then know that it would not bring you big pips move since its a range. Manage your own risks :)
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
EURUSD: Multi year top has been formed. Be among first to sell.EURUSD is neutral on all high timeframes with our focus on this analysis in particular being on the 1M timeframe (RSI = 51.643, MACD = -0.007, ADX = 25.957). The reason is because we want to keep ourselves aware of what the underlying long term trend is. And based on the 1M RSI it is bearish, as the indicator shows a peak. It is the same peak that for the last 10 years is formed (this is the 4th time) over the RSI's MA trendline and causes the price to make a LH.
The long term pattern is a Channel Down after all and December has been the 2nd rejection on the 1M MA50 since July 2023. The minimum target is the 0.786 Fibonacci level (TP = 0.99185), which was the target after the February 2018 peak.
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
GBPCHF My Opinion! SELL!
My dear subscribers,
This is my opinion on the GBPCHF next move:
The instrument tests an important psychological level 1.0854
Bias - Bearish
Technical Indicators: Supper Trend gives a precise signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0777
My Stop Loss - 1.0892
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
💡 GBPUSD: Forecast January 11GBPUSD increased slightly in the previous session and is cautiously heading towards the peak of 1.28. Although the buyers have not yet shown dominance again, the prolonged accumulation price range in a main uptrend is a good sign for bullish bets. Brothers continue to hold existing long positions, targeting around 1.30 and SL below 1.26.
USD/CAD Short, EUR/AUD Short, AUD/USD Long and USD/JPY ShortUSD/CAD Short
• If price corrects and a tight flag forms, then I'll filter the latter on the fifteen minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EUR/AUD Short
• If price corrects and a tight flag forms, then I'll filter the latter on the fifteen minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUD/USD Long
• If price corrects and a tight flag forms, then I'll filter the latter on the fifteen minute chart and be looking to get long with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/JPY Short
• If price corrects and a two touch tight flag forms with a three touch structural approach, then I'll filter it on the fifteen minute chart and be looking to get short with a risk entry within it.
• If price corrects and a three touch larger one hour structure forms, then I'll filter it on the fifteen minute chart and be looking to get short with a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EUR/CHF BULLS ARE STRONG HERE|LONG
Hello,Friends!
EUR/CHF pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.942 area.
✅LIKE AND COMMENT MY IDEAS✅
QQQ Will Explode! BUY!
My dear friends,
Please, find my technical outlook for QQQ below:
The price is coiling around a solid key level - 396.75
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 405.80
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
CHF/JPY Short, USD/CAD Short, AUD/USD Long and USD/JPY ShortCHF/JPY Short
• If price impulses down below our area of value and a subsequent tight flag forms, then I'll filter the latter on the fifteen minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/CAD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back down followed by a tight flag and then I'll filter the latter on the fifteen minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUD/USD Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back up above our most recent lows followed by a tight flag and then I'll filter the latter on the fifteen minute chart and be looking to get long with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/JPY Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back down followed by a tight flag and then I'll filter the latter on the fifteen minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/CAD Short and AUD/USD LongUSD/CAD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back down followed by a tight flag and then I'll filter the latter on the fifteen minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUD/USD Long
If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back up followed by a tight flag and then I'll filter the latter on the fifteen minute chart and be looking to get long with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.