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Trendanalysisexplained

EUR/CAD: ReviewEuro/Canadian Dollar was a very good prediciton that I made in my analsis, but never touthc my buy order place that I put in my price action, but I dont earn as loss, so but my movement was right what I thinking. This was one of my best predicition that made in this week. Now, I will talk about in H4 because we see a bearish setup to short EUR/CAD in the next week, and very interesting opporutnity to get pips for the next week. So, we see clearly that EUR/CAD formed an Elliot Wave Cycle, and now we're in the correction to he downside of this bearish channel. Now, I'm very enfocous in Daily timeframe as we see a good opportunity in this setup to short. So guys, this it's only my review and not a trade that I made, but that work to fix our analysis. But now, I believe that this upside movement was i the early sesssion in America, where in my first analysis, I put my buy order place in the smart point in $1.2962 CAD, but never goes to my smart point, but did you know, the price continue up and from this point in the above of EMA 200, we see a bullish envolving, what I entry exactly later of 3 candlestick approx. and I put my new buy order place to $1.3010 CAD, when I knew that Euro will up, yes up but nver goes to my buy order place. But now, I don't see any mistake in this analysis, but it's very normal to see the best smart point to buy. In Forex market could to happen all that from otherwise we would to be prepared in this movement. But I made a good analsis and was pretty excellent So, for the next week, we hope a bearish setup.
Short
by harisonhbn9718
GBP/AUD: Bullish Hide DivergenceIn this analysis, Great Britain Pound/Australian Dollar could to show us another opportunity to take in our hand, we see a potential long position with my perspective. 1. Daily Timeframe: As your see, we're in the possible bulish channel perspective that in theory, it's mean any possible bought in this zone to go higher until some points, but based in my experience, I know it how this chartist pattern work as we could to see that Pound could to strengthen in front of Aussie. But we see from this Daily a neutral market with some of bullish perspective to take in note in short term movement. 2. H4 Timeframe: But now, in H1 I will consider that our latest smart point it's in the yellow zone that I mark in this confluence and reaction that price could to do it. In H4, we see a hidden bullish divergence in the RSI and price action, where RSI make lower high an pricea action make lower low, this it's look a possible change of trend that we would to take note in our analysis and apply it. But I believe that we're in the good zone to put a buy order limit more below in he smart point to cached this trade. "As we see in Euro/Australian Dollar that I'm cached 257 pips in earnings in this week". What I will put a buy order place to $1.6927 AUD and SL to $1.6881 AUD and my objective will be $1.7115 AUD. This look a potential trade to catch this opportunity and buy in the smart zone So guys, if you foudn out that this idea look interesting, please share this analysis with your friends or trader that might to have a trading plan in GBP/AUD.
Long
by harisonhbn9718
4
AUD/JPY: Bought opportunityAustralian Dollar/Yen Japanese forming an interesting bullish setup, what we could to find up bought in Aussie. So, I see a smart zone between $95.00 JPY and $94.85 JPY, i put my buy order place exactly at $94.90 JPY, Stop Loss to $94.55 JPY, and take profit to $96.00 JPY. Also to take in note, we could to forming a possible new harmonic pattern in formation, what we could to get benefit during this dormation. So, in H4 Aussie still strong in front of Yen. So guys, Aussie look very secure to trade to long, i hope that this idea support you!!! Good luck!!!
Long
by harisonhbn9718
3
USD/CAD: bullish setupI look that U.S. Dollar/Canadian Dollar look bullish in this point. What we could to put a buy order place a little down of the market price. In H4 timeframe, it's look bullish and could to reach up $1.3223 CAD. Now, in H1, I put a buy order place to $1.3097 CAD, Stop Loss to $1.3045 CAD and take profit to $1.3223 CAD So, we see a Dollar strengthen in the trend. Now, i will replace the USD/JPY for USD/CAD, as USD/JPY forming a possible consolidation, but sometimes USD/JPY it's a little hard to trade the volatility, but I remain that USD in front of JPY it's bullish So guys, I hope that this analysis support you!!!
Long
by harisonhbn9718
10
EUR/AUD: Buy Order Place in the smart zoneEuro/Australian Dollar look bullish as the same like Euro/Canadian Dollar. They've a lot correlation. but technically, Euro its's look bullish in front of Aussie. What I will put a buy order place to $1.4444 AUD. Stop Loss to $1.4395 AUD. And take profit to $1.4623 AUD. This it's an opportunity of 181 pips. But now, it's very important to identify the smart point to put a buy order place and not now as we could to see the following movement in the blue arrow as example and model to watch in the next hours. But we hope this trade that activate our target. We see a bearish channel, but we're in the bullish side, but now, we can to use our resistance line and in other way we see the same situation that price want to react in it. So guys, I hope that this idea support your technical analysis, and beware, we're in the clearly bullish side, and not bearish as I thinking in the monring.
Long
by harisonhbn9718
4
USD/JPY: Bullish continuation with some perspectiveU.S. Dollar/Yen Japanese look bullish by fundamental news what Federal Reserve do in the economy. But first, I will talk about this trade, I made an entry in the morning when I see this bullish evolving pattern, but yes, I had a sell order limit that was hope to being activate, but I change my mindset and my focus what I see. I believe that USD/JPY could to forming a possible mini consolidation like consolidation with bullish perspective Now, I keep this analysis in my mind as I see the following movement, the Dollar could to reach until $139.37 JPY, but this it's look like a possible market trap in this zone to update, what if we're in long, we would to be prepared in case that this zone become a manipulation zone to take in note how this movement work in Forex market. As I made an entry around $138.46 JPY and if we take profit to $139.37 JPY, So, we could to get until 90 pips approx. that this will be an earning of 7.23% in this trade. But I'm watching with very carefully like tomorrow as this could be the high point to put in short and waiting any bearish signa from this point. But now, by the contrary, I continue bullish by fundamental news in U.S. Dollar. Now I have fixed my target to $140.00 JPY, with some perspective to watch the key resistance at $139.37 JPY. But I'm in long, in case that if we break-out this resistance with a strong bullish candlestick, we wouldn't to concern any bearish signal. But at the moment, I'm in profit with 32 pips in profit for now. What happen in the U.S. Dollar about fundamental news: 1) Federal Reserve continue hiking interest rates as Powell told 2) Edward Moya believe that if Americans have options to get employed, the Fed can ignore the rapid deterioration with the other economic releases." 3) ***Other data showed a bigger-than-expected rebound in U.S. consumer confidence in August after three straight monthly declines, which is potentially a positive signal for consumer spending. 4) ***The number of job openings in the U.S. unexpectedly rose slightly in July, hovering under a record high reached earlier this year, in a sign that labor market demand in the world's largest economy remains robust despite aggressive Federal Reserve interest rate hikes. 5) US consumer confidence rose by more than forecast in August to the highest since May, suggesting that Americans are growing more optimistic about the economy amid falling gas prices. 6) The Conference Board’s index increased to 103.2 from a downwardly revised 95.3 reading in July, the first increase in four months, data Tuesday showed. The median forecast in a Bloomberg survey of economists called for a rise to 98. 7) Today, we have the result of 2 event today in our economic calendar, what U.S. Consumer Confidence raise 103.2%, indicating optimistic what consumer spend, that look bullish sentiment. And 11.23 million open new jobs in US, indicating strong labor market in US. So, this it's my 7 points to take in note based why I'm bullish by fundamental news in USD. ***Also, it's appear that European Central Bank want to tightening the interest rates in Eurozone what I read recently in blogs, that this it's another point to view that Europe could to identify their economy I hope that this idea and fundamental analysis support you!!! Goodl luck!!!
Long
by harisonhbn9718
3
EUR/CAD: Change the trend confirmedEuro/Canadian Dollar look bullish in H1 and H4 timeframe. Now, I will explain very well what happen in each timeframe in my way We se a bullish divergence in the RSI in H4 timeframe, and the price look bullish in this side. Also, we are in the resistance zone around $1.3055 CAD, but this could be invalided as our key resistance it's around $1.3160 CAD. Because in Daily timeframe as we forming a bullish envolving pattern, the price could to lead to the upside and following in H4 timeframe that look bullish case. i will put a buy order place to $1.2965 CAD, Stop Loss to $1.2926 CAD and take profit to $1.3160 CAD. And this can be a huge opportunity of 195 pips to earn. In H1 timeframe our best support it's around in the previously lower high or in the blue dark zone that it's our best zone to buy and not now as this could be a smart zone to bought I hope hope that this idea support you Good luck!!!
Long
by harisonhbn9718
2
USD/JPY: resistance in $138.69 JPYWe see a potential short position in U.S. Dollar/Yen Japanese. Only analyzing in H4 timeframe. Because in the key support it's around $137.60 JPY approx. What we could to put a sell order place between $138.70 JPY - $138.90 JPY. My personal sell order place it's around $138.87 JPY. Stop Loss to $139.40 JPY. And my take profit to $137.60 JPY. We see a potential to find down 127 pips. Good luck shorting USD/JPY ***Tomorrow we have in our economica calendar the U.S . Consumer Price Index what expect to raise 97.8 pts. But if you analyze the June and July, these past month was a negative trend indicating distruct by part of the U.S. Consumers. Also the FED continue keep interest rates higher in a bid to bring down to surging inflation to hit down 2%.
Short
by harisonhbn9718
12
S&P 500: Daily outlookS&P 500 forming a bearish Gartley pattern that I found out in Daily chart, what we could to see a bearish movement to the previously lower like 3600 pts. Also, remember that this occur what happen what the FED could to hike interest rate right now in September put the global financial market in worst situation of the bear market. And also tightening the America monetary policy. Talking about technical analysis, we see that S&P 500 forming a higher low in 3 occasion that maybe, I thinking that stock market could to be a possible market crash what FED do, and also cooling down the inflation rate But now, S&P 500 show us that stock market could to be weak during the next days, and also very correlated with Bitcoin and cryptocurrencies to short this assets. I hope that this idea support you!!!
SP:SPXShort
by harisonhbn9718
MAX HEALTHCARE - Short-term Trend AnalysisMAX HEALTHCARE - Short-term Trend Analysis - Price action 1. Good breakout happen a week ago, and now at the retracement lower level. 2. Should not breach this level, it breach means it will be on the downtrend. 3. If the stock opens and closes above 376, then the stock 1st target will be 388 and the 2nd target is 420 4. Only for the swing trade, strictly not for the long term.... since stocks trading at 5.69 times their book value. Note: 1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only. 2. Always check with your financial advisor and take the trade as per your risk/reward ratio. 3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
NSE:MAXHEALTHLong
by ravi15684
XRP/USD: Pending short position!!!I decide to short XRP and put a place to sell in $0.3510 cents. In Daily timeframe, we see a bearish channel perspective that now, XRP broken down this chartist pattern and it's lead to reach $0.22 cents. So, if you want to short XRP, You can to put a place at $0.3510 USD, Stop Loss to $0.4225 USD, and take profit to $0.21 cents. This it's a risk/benefit: 1:2 Also, if you want to short cryptocurrencies, take note to use the risk management and trade in a broker that you allow to trade whole financial market like Simple FX. I hope that this analysis support you if you found out a crypto to trade!!! I trade in swing trading a lot.
BITSTAMP:XRPUSDShort
by harisonhbn9718
4
EUR/GBP: ReviewEuro/Sterling Pound was a good trade, but I don't catch this long posiiton after that I believe that Euro could to weak, and not pass it. Well, from Monday, I put a sell order place that don't touch my place, but my movement was correct shoritng Euro, and then, I put a short more below, also I predict very well that Euro/Sterling Pound it's forming a bullish divergence in my 2nd update that I made in this week, but that was my mistake, I was in long when I know that Euro will climp, but I closed up my long and open a short at 0.8433 GBP, what Euro could to weak, but I would have to entry later of this another confirmation of bullish evolving what I see now, that i the past hours I'm not in my chart everyday looking Forex par, but we see that. And then, I get a othe loss of 3.33% in this trade. So guys, If I hold my long position as well or if I would have the chance to long position again, so I can to get at least 70 pips in profit or 9% in this trade, but as I fell in this trade for 2 reason: 1) When I knew that this was a bullish divergence, I supposes to hold my long position, and not entry when EUR/GBP was making a little down and then up in my analysis and being a little more disciplined. 2) If not bad if I entry to short if I knew the probability that Euro will weak, but in the past hours I don't checked my trades as for now in the morning, what it's very important to monitoring the trades if there're a change. So, the reason #2 could be more valued than the #1. But nothing, this week I get a loss of -6.38%. But not very bad as I take always my risk management calculated every week. So, I closed up this month with 35.74% in ROI. what this month in August was incredible in total what I trade this month. Then next week, we're in the weekly final of what we have left days to finish August, but now, during the next week I start my September and find up my goal of 20% monthly in my ROI. So guys, in comparison in the past week vs this week was very hard and also what I need to learn a little more it's being a disciplined if I know when there're a change of trend as we see in EUR/GBP by bullish divergence and price action analysis. and be always pending the trades, and I believe that when we trade in the consolidation, sometimes we would need to hope to pass the big events when its very hard to know what will be happening. But nothing, these review that I making it's to learn and apply it for my experience. I know that I'm not perfect, but it's very important to learn about mistakes and how to work everyday to create our original version and bring the world more better and strong forming a team. The lives based in experience and practice, and that it's a key fundament to apply in our mindset. So guys, this it's all!!!
Long
by harisonhbn9718
USD/JPY: ReviewAfter that I trade this par during this week, we see a very hard trade that USDJPY was into this indecision of market and very hard to trade in the consolidation. But not bad, but I closed up my short with only 11 pips earned, this week was hard as a lot manipulation and indecision in the Forex market. But now, talking about my past anaysis,I was in long in USD/JPY on Monday, but in this trade I loss 3.98%. That for me, this was a manipulation day after that U.S. Private Sector of Household drop to 511k vs the forecast of 575k in this week. And also, after this trade, I was shorting from $137.10 JPY in the smart zone, but the price go back to up, indicating a support at $136.40 JPY, also I was in profit like 60 pips shorting Dollar, but remember that this par it's very volatile and one of the par very manipulated in Forex market. But I got 11 pips in profit, what today unfortunately I closed up my short position as we see a very indecision and consolidation forming in USD/JPY. So, as I got 3.98% in loss and 11 pips equal 0.93% in profit, So, in total I had a loss of 3.05% in loss. But now. this it's very natural that this trade was into this consolidation when I had a right insight what I see the Dollar. But I don't going to be anger for it, but every review that I make in my Forex par it's to learn about my mistakes as part of my success, not always we win, we need to have understood to loss. So guys, that it's all my information that I bring you this review, so, I don't going to trade USD/JPY until break up this level, because we forming a descending triangle as possible continuation of the trend that we must to hope.
Long
by harisonhbn9718