EUR/AUD: Bullish perspective in the price actionEuro/Australian Dollar it's inside in this bullish channel
Now, in H4 timeframe, I believe that EUR/AUD could to down a little to $1.5080 AUD (Like 41 pips from the market price) Because in that point that I add my long position we could to see a bullish perspective lead main by fundamental news that Euro has good news in the France that President Emmanuel Macron lost the majority of the parliamentary election presidential. This it's look very optimistic against the politic decision and election.
I put a buy order limit to $1.5082 AUD. Stop Loss to $1.5022 AUD (50 pips) and target to $1.5270 AUD (190 pips)
Good luck!!!
Trendanalysisexplained
EUR/GBP: Zone of TrapEuro/Great Britain Pound made this break-out of this consolidation But for who entry around 0.8580 GBP, you're target could be 0.8630 GBP, because you will need to pay attention in 2 point to watch in this possible market trap and entry in the possible short in this par against what they're boughts in the moment, but a lot carefully trade EUR/GBP.
We're in this bullish channel, but you will need to pay attention in H1 timeframe what I look. And maybe we could to expect a bearish movement incoming
I hope that this idea support you
I will keep update this par until get conformation to short EUR/GBP
Keep update!!!
USD/CAD: The price could to become bearish in this sideU.S. Dollar/Canadian Dollar look with a bearish perspective that I analyzed today and I see that some negative news has become a critic point about the unchanged interest rate.
To be very analytical,
In H4 timeframe, the price could to move to the key yellow zone, and also I draw a gray zone like confluence to watch in these points that the price could to change. The MACD still in the sell point.
And now, analyzing the H2 timeframe, it's look bearish in that point based in the price action. But beware what you draw, the gray zone in the H4 timeframe around $1.2981 CAD it's a weak support, but the key support it's around $1.2872 CAD. For that, I hope a bearish movement in USD/CAD
As I analyzing in H2 timeframe. I put a sell now and Stop Loss to $1.3023 CAD (41 pips) and target to $1.2872 CAD (111 pips)
I hope that this analysis support you!!!
Ethereum weekly analysisEthereum it's in the bear market confirmed very well and the price it's below of the EMA 200. Durin this day, we see that Ethereum reach arounD $900 USD. The price it's around $1,060 USD.
Right now, in weekly timeframe we see a bearish movement in the price action and the RSI forming a bearish divergence making higher low in the indicator showing weakness of the trend.
So, based this analysis, I calculate that Ethereum could to reach $474 USD in the next weeks to watch.
Also, I share my monthly timeframe here that this month was extremely bearish for Ethereum
So guys, I will share those analysis here to know my own opinion and perspective for crypto-markets.
I hope that this idea support you!!!
NIFTY METAL - Bearish zoneNIFTY METAL - Bearish zone
1. It breaks the 1st support zone 4830 on the downside this week.
2. In a bear trap, the next support will be at 4490, and 4200 respectively.
3. Till it gets support most of the metal sector will be in a downtrend in upcoming weeks.
4. Example: TATA Steel will be on a more downtrend in upcoming weeks.
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...
Bitcoin drop the mark $20,000 USDIn the weekly timeframe, Bitcoin drop the mark of $20,000 USD, The price it's around $18,900 USD and I suppose that Bitcoin could to reach the next support to $13,896 USD in what I mark here.
Also, Bitcoin could to be in the rane of $12k and $14k of possible consolidation to watch and to look if this will be the end of the bear market.
Another possible it's that Bitcoin could to crash below of $10k. But it's so far of the reality, but my perspective it's what I think that Bitcoin could to reach $13,800 USD. approx.
ETHERIUM BIG DUMP EXPECTEDTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and Long Term).
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are levels from my past ideas published or levels that were respected from the past.
IF THE LAST 1H SUPPORT BROKEN EXPECT BIG DUMP
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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GBP/USD: short position in the key resistance zoneAs I analyzed in my recent analysis in GBP/USD. The trend still bearish and GBP touch the point that we're in the supply zone to sell!!!
At the moment, I put my sell order at the market price $1.2148 USD. Stop Loss to $1.2233 USD (90 pips) and target to $1.1931 USD (215 pips)
So, this trade it's look with awesome opportunity. Also for tomorrow, we have the U.K. interest rates too to watch because I believe that I don't convinced how the Bank of England will support the economy into recession and fears of trade war in the global currencies.
For that, I'm short GBP.
Good luck!!!
GBP/USD: The trend it's lead bearishGreat Britain Pound/U.S. Dollar still bearish in this point what I see in the 0.382% Fibonacci level, and also, we're in the exactly point in Daily to short GBP and combining with fundamental analysis, GBP still fall in the trend in front of U.S. Dollar.
The Daily timeframe still bearish in GBP and I hope that this could be a good position to short!!!
I hope that this idea support you
CAD/CHF: Shoulder head Shoulder InvertedBeware with short. The bulls forming forming this bulliah chartist pattern. Because we touch a bottom now.
I entry to long position now. SL to $0.7682 and target to 0.7820 .
Also I closed up my long in USDCAD with 2.66% in profit.
For that continue following the trend and keep this long
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 1 Uptrend in green color which is currently broken.
We have 1 Downtrend in red color (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White Levels are levels from my past ideas published (Last 4H Support published yesterday) or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
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Exercise Proper Risk Management
GOLD NEAR FUTURE PREDICTION(4H Chart)Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Downtrend in red color
We have 1 Uptrend in green color which we have currently BROKEN
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White Levels are levels from my past ideas published (4H Support level) or levels that were respected from the past (4H Resistance level).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
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Why I Don't Trade Patterns AnymoreHi Purpose Traders. Let's talk chart patterns. As you may know there are dozens of chart patterns out there. I don't know if you're like me, but I get a bit anxious when there are too many things to choose from. It's like being in an ice cream shop. I like ice cream, but I only eat 1 flavor most of the time.
Long story short, I used to be a pattern trader and what I realized was like most patterns, I had to wait for the pattern to form before I could trade it. By the time a pattern formed I would have missed a good move because the pattern would change and price moved without providing me an entry.
I remember there was a time I thought I saw a bullish wedge formation that turned into a flag that turned into a false break out trade. The more I kept waiting for patterns to form the more I realized I just don't like them because they constantly change.
I believe it's the whole break and retest with different timeframe variables that leave a bad taste in my mouth.
What do I do instead?
I focus on price fluctuations to identify the trend. I figured the more decisions I eliminate the better my trading will be and it has improved tremendously. This wasn't an overnight thing and yes I do still see patterns, but creating my own edge by trading one strategy with simple rules helps me focus on price action alone.
I like a cleaner chart with as little detail as possible. No games. No patterns. No lines blocking the flow of price. Just straight price action.
Do you prefer to trade this way too or are patterns your thing. There is no right o wrong. You have to trade what works for you.
A Breakout Signal!The price closed above the upper line of the bollinger band with volume above the MA20 line.
Precaution where the RSI above indexer 70. Hence, with a probability of a price correction between 10% - to 20% from recent preak.
MACD and OBV indicators confirm the price momentum towards the next price resistance.
let's save NWP in WL and watch out for significate price movement with volume.
R 0.285
S 0.240
CAD/CHF: Elliot Wave Analysis ProjectionCanadian Dollar/Swiss Franc forming an Elliot Wave Cycle that could to continue up to find the Elliot Wave #5 in this timeframe. But analyzing more deep, the yellow number reflect the Daily timeframe what I draw more better here in my own analysis here:
We're forming the phase #5 of this Elliot Wave Cycle. And look in H4, we see that we're in the good point that we can to bought in the drop of this phase #4 of this Elliot Wave Cycle in H4 timeframe, and now, we're in the interesting point that we could to find up long position following this model and example
Everyday i work better in my analysis and I earn experience to make professional analysis with nice design and template, more understood, classic and modern
I hope that this idea support you.
In some minutes, I will post my 2nd analysis of CAD/CHF to know if we're in the good point to bought!!!
ETHERIUM 4HOURLY NEAR FUTURE ANALYSISTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and Long Term).
We have 1 Uptrend in green color (Internal Trend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
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Exercise Proper Risk Management
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 1 Uptrend in green color which we are currently Breaking.
We have 1 Downtrend in red color (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Yellow Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
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Exercise Proper Risk Management
GOLD NEAR FUTURE PREDICTION(4H Chart)Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Downtrend in red color
We have 1 Uptrend in green color which we have currently BROKEN
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
ADA/USD: Bearish channel perspectiveCardano forming a bearish channel in Daily timeframe and it's look to make a bearish movement very soon to explode in this bear market.
Meanwhile to discuss, Cardano in weekly timeframe it's look extremely bearish in this way to $0.25 cents in my own target to watch
The 3 Daily timeframe it's look bearish too, but if we closed up with any bearish signal, we could to get a good information to short ADA very easy
And every trader need to know in short term very near in our trading strategy. Because if you trade in swing trading, you would need to watch all timeframe to know the perspective if you're swing trading and take perspective to make an exit plan when the price goes to reversal. A good lesson that I learned. But now, analyzing in H4 timeframe we see that Cardano break-out this trend up line and we could to see a drop of the price very strong in the analysis
I will work my template because I have good plan to short crypto and stock market and I believe that update my own template and background will be more cool to make a professional analysis.
I hope that my idea support you!!!
And guys, please let's me to know in your comment box the following question:
*The purpose of this question it's just identify what kind of content do you like in the financial market* Because I have a lot followers in my Trading View as Twitter too with a lot interest in me.
1) What financial market do you like to make everyday content it?
a) Forex
b) Cryptocurrencies
c) Stock Market
d) All of them (Forex, cryptocurrencies and Stock Market)
2) Why do you like it what you choose in the question # 1 and how I can to work to make better educational content for you?
BELUSDT A Great Buying OpportunityTrade Proposal:
There is a probability of first tp to the proposed ( 5.00 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis: BELUSDT Waiting for the Range Bound and the beginning of the Ascension Trend.