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Trendanalysisexplained

USD/JPY: UpdateAfter that U.S. Dollar was bearish, drop by U.S. New Homes Sales, what we could to see a drop during this hour until Dollar find a support that I believe in $135.34 JPY in H4 timeframe. So, I'm shorting Dollar from $136.78 JPY. Stop Loss to $137.26 JPY and target to $135.50 JPY ***The price action it's a key to understood, in case that U.S. Dollar closed up with any bullish signal, I will definitely closed up this short. But I hope a drop follwing the market structure in H4.
Short
by harisonhbn9718
10
USD/JPY: FED newsThe Federal Reserve reiterated an aggressive monetary tightening and policymakers retaining a hawkish stance over monetary policy ahead of the central bank's key Jackson Hole symposium later this week. That it's what I see!!! So, U.S. Dollar. Yen Japanese look bullish and maybe the U.S. Dollar it's into this greenback against the currencies in Forex market and assets. Technically, we see that price it's lead by fundamental news about the global financial market and repercussion what happen in Europe energy crisis and UK inflation, and also the trouble in the Oil price that dump by fears that FED continue persisting the aggressive monetary tightening in America. So, I will put a buy order place in $137.00 JPY, Stop Loss to $136.44 JPY and take profit to $138.60 JPY. This it's look a risk/benefit of almost 1:3 Good luck!!!
Long
by harisonhbn9718
7
Cardano entry in the sell-off now!!! Beware!!!Cardano forming a possible bearish evolving pattern in weekly timeframe what we could to expect another crash in the price. My first support it's around $0.27 cents, what we could to expect it, but everything what depend how it's behavior their volatility. But making a bought around $0.27 cents it's a possible good zone to bought and more below like $0.24 cents. Remember that Cardano it's one of the top cryptocurrencies that it's very favorite for a lot crypto-enthusiastic, included me, Also, I thinking that Cardano it's one of my best cryptocurrencies to take in my radar in the next years and it's a big competitor against Ethereum. Now, I interesting to bought Cardano at $0.27 cents and accumulate it by long term. I'm very enfocous in just 4 cryptoucrrencies: Bitcoin, Ethereum, Cardano and XRP. They'll the best cryptocurrencies and top in the fintech that I heard a lot about it. But investing in Cardano very cheap, this will be the last opportunity that you can't to missing it in your one time in your life to see this big disccount So guys, this it's my own perspective how I see Cardano I hope that this analysis support you!!!
BINANCE:ADAUSDShort
by harisonhbn9718
4
Ethereum could to prepare to the next sell-offIn weekly timerame, Ethereum has a crucial moment like Bitcoin to entry in the bearish movement to $800 USD per coin. If Ethereum closed up this weekly candlestick forming any bearish signal, a bearish movement we could to expect very soon and a possible crash of -52%. Guys, Ethereum it's not bullish, it's in the clearly bear market following what Bitcoin do, and Bitcoin follow what the financial market do, specially in front of Forex market taking the U.S. Dollar as lot influence. That it's all my information that I can to get you and keep informed what happen in our financial market. I hope that this analysis support you, in case that I look any bearish signal, I interesting to short Ethereum.
COINBASE:ETHUSDShort
by harisonhbn9718
2
Bitcoin forming a crucial moment to shortBitcoin forming a bearish rising wedge in 3 Daily timeframe and we ending with a bearish hammer candlestick, indicating sell-masive incoming. The exactly price was a rejected of $24,500 USD. And bears are taking control of the trend. I open a short position now in Bitcoin around $23,533 USD, Stop Loss to $27,600 USD and my personal take profit to $15,800 USD. This it's a risk/benefit 1:2. It's very important to look the things in the economical world as FED continue strength the U.S. Dollar worth what this will be a big trouble for assets and currencies vs. Dollar correlation. I hope that this idea and analysis support you!!! Good luck shorting Bitcoin!!! Remember take control of your risk management, it's important for your trading!!!
COINBASE:BTCUSDShort
by harisonhbn9718
BTC/USD: resistance key at $23,700 USD approx.Bitcoin break down the market structure in H4 timeframe, what we could to see another short position around $20,700 USD approx. and find down sell and trade to short. Also, I will share in Daily timeframe that we break-down with the bearish pressure candlestick that mean a moment to take an eye, because bears are sell. What we could to take a good opportunity to short above. Only, we would need to hope in H4 timeframe to short Also, I'm shorting by Daily timeframe my recent analysis that I see another bearish movement to $15,800 USD approx. And I will add this idea in the link below of this comment box.
COINBASE:BTCUSDShort
by harisonhbn9718
GBP/USD: UpdateAs I re-entry to $1.2117 USD, i'm shorting Sterling Pound recover my loss, but at the moment, I'm in profit with 58 pips. This manipulation movement was when in the early hours the UK Consumer Price Index raise 10.3 vs the forecast 9.8%, indicating optimism in the consumer trending and purchase against the UK inflation. But in another way, we have bad news in UK economic news that it's making a deep impact in the inflation and another economical metric that affect UK economy that will need monitoring it. Now, talking about the H4 technical analysis, we see a strong sell pressure right now that Pound it's drag in front of U.S. Dollar, what we could to expect a bearish movement to $1.1940 USD as based the fundamental news and also the Daily analysis in my perspective. If Pound reach $1.1940 USD before that Forex market closed up on Friday at 5:00 pm (U.S. Eastern Time), It's fine, or not, depending the market price, I will closed up manually this trade. But we have this opportunity shorting Pound. Also, I identify that this zone at $1.2140 USD was a sell smart point that I didn't identify, but as today the movement was manipulated, and there was liquidation in the trades, so, institutional up the price and then made this sell pressure. So guys, this it's all for now!!! If you're shorting Pound above $1.2110 USD, you're in profit for now!!! And I change my target to $1.1940 USD. Also, I will share my Daily analysis here and my past trade in AUD/CAD that I got profit earning 6.03% shorting AUD/CAD Good luck in this trade
Short
by harisonhbn9718
10
GBPUSD - downtrend to continue if breaks below support area...GBPUSD price is following a downtrend channel and price is showing rejection from the upper trendline of the channel, currently price is between support and resistance zone, if price breaks below the support area then after a pullback if price shows rejection, I expect the price to move lower.. And for price to move higher, its needs to break above the channel... Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Short
by Stargazer_fx
6
GBP/USD: Short in the 0.382% FibonacciGreat Britain Pound/U.S. Dollar look bearish in H1 timeframe, what we could to have another opportunity to short Sterling Pound. For tomorrow, we have a economic news in UK economy that it's about UK Average Earnings Index + Bonus what depending the result, will define the trend in short timeframe, but we expect to raise 4.5% in the forecast vs actual 6.2%. Also, as key factor it's that Chinese economy it's in the drag to take note in this fundamental news. This it's the H4 and I expect that Sterling Pound continue drop in front of U.S. Dollar, also, we're in the important point to note in H4 and apply in my analysis here. And also, we pass the opporutnity that we would have to short GBP/USD from 0.618% fibonacci, but the price can to give us another opportunity to short GBP. i put a sell order limit to $1.2088 USD in the 0.382% fibonacci, Stop Loss to $1.2131 USD (42 pips) and take profit to $1.1988 USD (100 pips) Good luck!!!
Short
by harisonhbn9718
5
CAD/JPY: ReviewAfter that I entry to long in Canadian Dollar/Yen Japanese, the price decline the bull continuation and drop strong 1.53% approximately. And I loss this trade -45 pips or -3.87%. But I believe that as CAD/JPY move and forming this bearish engulfing what show up after that I put a long position Based in H4, still bearish as I mentioned in the past analysis, but we could to forming a possible Shoulder Head Shoulder perspective. So, as i got 20.56% and less 3.87% = 16.63% in profit. But I would need to work this par.
Long
by harisonhbn9718
Dalmia Bharat Ltd - Short-term SwingDalmia Bharat Ltd - Short-term Swing 1. Cup with Handle pattern formed. 2. Once it crosses 1640 it will start firing... 3. Target will be 1980 to 2000 4. Between it has a resistance at 1800. 5. If the stocks move downwards, below 1470 we have a stop loss. 6. based on the market condition it will in a positive direction.... fingers crossed... 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:DALBHARATLong
by ravi15684
AUD/CAD: Weak in the price actionAustralian Dollar/Canadian Dollar look that the price doesn't continue climb, but we analyze it that in all timeframe in H1 and H2 look bearish, what we ned to change our mindset to short AUD in front of CAD. I will make this quickly analysis to short AUD as the price make resistance in this grey zone that I draw in H1 timeframe. I entry now in the market price, Stop Loss to $0.8998 CAD and take profit to $0.8914 CAD. I hope that this idea support you1!! I closed up my long position now!!!
Short
by harisonhbn9718
3
AUD/CAD: Bought in the support zoneAustralian Dollar/Canadian Dollar look bullish in H1 analyzing this chart. I believe that the price will continue climb toward $0.9030 CAD. We could to look another opportunity to buy in the Sydney session in Forex market. i will make a leverage x2 as this it's a good chance to find up bought with hope to find up approx. 11.23% in this trade to grow up my account. I put a buy order limit to $0.8976 CAD, Stop Loss to $0.8958 CAD. We see a dynamic Stop Loss in this Forex par. I hope that this trade help you!!! Good luck Also, we're in profit in Euro/Canadian Dollar what we're shorting Euro!!!
Long
by harisonhbn9718
1
CAD/JPY: Change of market structureCanadian Dollar/Yen Japanese could to forming a possible bought continuation, so, as we was in short position, we closed up this trade as we fall it. this movement. But in based my perspective, we don't see short for now and long for now. At the moment, the market it's move to the upside, but in case that CAD get strength, we could see a bought in the following zone that I mark $104.70 JPY and $104.40 JPY, what we need to closed up and keep away of this trade, if I know it, I closed up this short when we see this bullish movement, what I will take this analysis to work better and not focus in H4 becuase the armonic pattern what I show you fall this prediciton what I thinking. But now, analyzing the H1, we found out that CAD/JPY forming a change of market structure like ascending channel and lower high in the price, what mean a possible change of trend. I hope that this idea support you, at the moment, we would need to wait a little more, in case to short this trade,we would need to break-out of the EMA 200 and 2nd support zone on $104.35 JPY. I hope that this idea support you!!!
Long
by harisonhbn9718
2
EUR/CAD: Sell in the supply zoneEuro/Canadian Dollar look that price don't have strength to continue up, but we forming a indecision in the market with a possible market trap for who long EUR/CAD in this point of market liquidation. I don't see long position, by the contrary, we would need to break out this structure of this resistance zone. I hope that this anaysis support you very well shorting EUR/CAD Good luck I put a sell roder limit to $1.3190 CAD, Stop Loss to $1.3244 (-54 pips) and take profit $1.3044 CAD (146 pips)
Short
by harisonhbn9718
5
CAD/JPYl: Bearish Butterfly PatternCanadian Dollar/Yen Japanese look bearish in this point to overview in H1 timeframe, but we're in the supply zone that Canadian Dollar could to weak very strong this week to $101.38 JPY and see a sell-off in this par. I decide to put a short position now in the market price, Stop Loss to $104.93 JPY (58 pips) and take profit to $101.38 JPY (296 pips) The price it's below of the key point to short in the 0.782% fibonacci, a good place to short now and hold this short position. I hope that this analysis support you if you decide to trade Canadian Dollar to sell-off. Good luck!!!
Short
by harisonhbn9718
5