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Trendanalysisexplained

CAD/JPY: Bought in this break-outIn the past analysis, as I'm analyzed Canadian Dollar/Yen Japanese, that was a possible bought, but CAD down and hit my SL. But my perspective still bullish in that case, but I believe that I don't draw very good the zones. But to update, we formed a bullish rising wedge and broke up in this upside. This it's my outlook what I see!!! So, I see that you can to put a buy order limit. For my convenience, I put my buy order limit at $90.42 JPY with my SL at $90.14 JPY and I have 2 targets that you can see in H4 timeframe very good. The targets are $90.93 JPY and $91.60 JPY. But be cautious in that resistance zone at $$90.93 JPY. Because depending how volatile will be the movement and how the candlestick closed up, I will take decision if closed up at $90.93 JYY and then, get like 58 pips earned. And guys, I guess you to trade Forex in case that we don't find crypto trades. My own goal it's to reach 10% weekly as minimum, my own risk management its 6% weekly. And well, my monthly goal it's to reach minimum 20%, or included more. But I like to trade and find up weekly opporutities in Forex, there're much to explore out.
Long
by harisonhbn9718
EUR/GBP: Bought Euro continue bullish by the news of that Euro surges as oil price ease. Right now, in 30 Minutes timeframe, we see a bullish continuation that Euro could to hit $0.8467 GBP. As we see, Euro made an interesting bull rally against Sterling Pound Good luck in this long position For tomorrow, we see a lot news by European Union about: 1) European Union Leaders Summit 2) Deposit Facility Rate 3) European Central Bank Monetary Policy 4) European Central Bank Interest Rate Decision So, there're big news incoming for tomorrow for Euro. Also, I see a good perspective that Eurozone it's still strenght
Long
by harisonhbn9718
4
USD/CAD: Liquidation zone to sellUSD could to forming this market structure to note it. In case, we would make to sell U.S. Dollar against Canadian Dollar. But maybe, I expect that USD make a little up movement to $1.2843 CAD, also I put an alarm on $1.2840 CAD to being informed that USDCAD up, and then, we would need to hope a bearish candlestick group of confirmation to sell and entry in short in this trade For reference: We have 2 news in USA about: 1) Consumer Price Index; measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. 2) Initial Jobless Claims: measures the number of individuals who filed for unemployment insurance for the first time during the past week But I hope a bad news about more in the Consumer Price Index as inflation take bad expectative in America. Good luck in this trade.
Short
by harisonhbn9718
2
CAD/JPY: Bullish Divergence and key demand zoneI see a opportunity that I identify in Canadian Dollar/Yen Japanese that has formed a bullish divergence making lower high in the RSI and price action too. This it's the H4 timeframe and we're in the demand zone draw this yelloe and gray zone. The Daily timeframe it's better to look that we're in the consolidation zone. Guys I hope that this idea support you in Forex idea. I put a buy order limit at $90.09 JPY with SL at $89.80 JPY and target toward $91.11 JPY
Long
by harisonhbn9718
ETH/USD: Short Posiiton confirmed!!!In this update from H4 timeframe, Ethereum it's ready to drop their value. So guys, as we forming this bearish rising wedge in the past days, I hope that Ethereum continue toward a crash to $1,953 USD So, in Daily timeframe we forming this symetric triangle in formation and I believe that Ethereum it's ready to the another crash as I saw in the price of $1,953 USD But, I put a sell order limit at $2,622 USD and my SL to$2,711 USD. And my target will be around $2,420 USD. And this it's a risk/benefit 1:2. It's a good proportion to get profit. Now, if you want to extend your target toward $2,300 USD. You can to do it and this will be a risk/benefit 1:3, and it's a good proportion to get profit.
COINBASE:ETHUSDShort
by harisonhbn9718
1
S&P 500: This could to send stock market to the another crashS&P 500 it's in the bearish movement that could to crash to 4,090 points or around 6% of depreciation of value. So, I don't convinced that this will make a key support as we're in times of war and the things has becoming worse for the stock market. But if you want to short S&P 500, noticed that you can to trade it. But, I don't trade stock market as i trade more Forex and cryptocurrencies. But I know very well what happen in this situation in our stock market and how this affect this trouble of uncertainty. Guys, I hope this idea support you very well and get an undertood of how the financial market work But, definitely, I see a crash and I don't convinced in that stock will climb up.
SP:SPXShort
by harisonhbn9718
ADA/USD: Cardano entry in this point of bear marketIn this analysis that I do. Based in my own perspective. Cardano entry in the possible crash that would carry to the bear market for this cryptocurrency. First, I very interesting to look that we following this downtrend in Daily timeframe. And in this screenshot, I see that Cardano made this pull back, but from this point, I see a different perspective that Cardano it's in serious trouble to recover above of $1 dollar and the price it's still around $0.84 cents. So guys, I planning to short Cardano around $0.88 cents that I add a sell order limit at that price with my SL at $0.97 cents and my own target will be $0.57 cents. So I trade by Daily timeframe because I discover that this will be a excellent opportunity for who want to short cryptocurrency and following the trend. But I'm very sure that Cardano going to the bear market
BINANCE:ADAUSDShort
by harisonhbn9718
2
GBP/AUD: Bullish momentum In this 2nd analysis, I see the following what Great Britain Pound forming a bullish momentum shortly, this it's a pull back as I said in my previously analysis of GBP/AUD. Now, in this timeframe, this it's the H4 timeframe and I see that we ending this Elliot Wave Analysis that I draw in H4 timeframe and also, I mark this confluence of Fibonacci 0.382% and 0.618%. This one of these could be the next stop of resistance key, but Great Britain Pound has chance to reach the 0.618% of Fibonacci as we're in the bullish momentum. Also in H1 we forming a bullish flag channel and this mean that bulls are in this moment. So guys this will be my next trade in Forex as yesterday I predicted very well my analysis of USD/JPY and take my profit in my exactly level. Good luck in this trade!!!
Long
by harisonhbn9718
1
USD/JPY: Outlook of politics decisonJoe Biden will speak today at 8 pm U.S. Eastern Time where He's going to talk about the situation of Ukraine and how this will make an influence for the U.S. Dollar Now, I see that as European Markets continue crashing and Euro currency too. U.S. Dollar can to entry in the boost poin that I will show you now In Daily timeframe, we are in the demand zone. But look in H1 timeframe we see that USD can to forming this pattern ABCD Armonic pattern to climb up. Also the price action in H4 timeframe it's bullish
Long
by harisonhbn9718
1
ETH/USD: Symetrical triangle Ethereum forming this chartist pattern of indecision. But maybe, I have some track that we could to hope a break out to the north or south of this chartist pattern. Bullish Case: If Ethereum break up the upline of this symetric triangle around $3,150 USD. We expect a bullish movement and pull back into this zone. Bearish Case: If Ethereum break down the downline of this symetric triangle around $2,647 USD. We expect a bearish movement and pull back into this zone. keep udate!!!
COINBASE:ETHUSD
by harisonhbn9718
BTC/USD: Weakness of price action in H4 timeframeBitcoin forming a bearish rejection in H4 timeframe and it's forming a resistance around $39,560 USD. So, the long position in Bitcoin may to fall about my target to $43,500 USD. As I look a new perspective to shorting Bitcoin. Now, the H8 timeframe it's very clear this resistance zone and also, it's forming a bearish hanging man in this timeframe, but I don't know exactly this pattern name, but I know very good their psychology that it's a bearish pattern. Now, depending how we closed up the Daily timeframe, I will decide if Bitcoin wil shorting to $30k to keep this trade. Now, in H4 timeframe, I look that Bitcoin touch the 0.618% of this Fibonacci Speed Fan and forming a clear resistance of this zone and also, combining with price ation as I say a bearish engulfind and a shooting start pattern, because it's for this wick that formed a rejection of bull continuation and also, combining with this bearish engulfing, I will take decision to short now Bitcoin toward $30,000 exatly. But be cautelous, because from this analysis in H4 timeframe, we could to forming too a Shoulder Head Shoulder Inverted, if that pattern occur, Bitcoin could be bullish again from $36,600 USD approx. But, I will keep this position until I see this price at $36,600 USD if we break down this weak demand zone. So guys, if you have any question or comment, you can to get an answer in this analysis in the comment box and I see your question or comments.
COINBASE:BTCUSDShort
by harisonhbn9718
1
VET/USD: Vechain to the bear marketIn this special analysis, I analyze the cryptocurrency Vechain, and also, becuase I'm very interesting to study this cryptocurrency to starting to save money and find down the exactly point to buy cheap and accumulating a lot about this cryptocurrency by medium to long term. Vechain it's another cryptocurrency that I admire a lot and has a good fundamental analysis that I heard about it. But I just want to share my idea where Vechain going to this bear market Vechain worth $0.04 cents and I have my perspective that Vechain it's leading to $0.01 cents approx. But also, I have another point that Vechain could to reach include to $0.009 cents approx. And also, we could to see a price of 0.023 cents approx. But I proyect that Vechain it's leading to the exactly $0.01 cents.
BINANCE:VETUSDShort
by harisonhbn9718
TSLA: Tesla going to the bearish movement to $616 USDIf you trade stock market. I have my perspective that Tesla it's going to the bearish movement that could to hit $616 USD in medium term as this situation got worse the situation of the global stocks market. This it's my weekly timeframe, now if you want to short Tesla, remember the key zone it's around $616 USD. This it's just my idea. But I'm a people that I don't trade stock market, I trade Forex, cryptocurrencies, Gold and Oil. But more common I trade a lot Forex and cryptocurrencies.
NASDAQ:TSLAShort
by harisonhbn9718
1
BTC/USD: Bought in this break up lineBitcoin show today streghten in the price and right now, I see a bullish divergence formed very good and that it's signal that bulls could to up the price at least $43,500 USD. This it's the H4 timeframe And also, in Daily we closed up with a bearish rejection of the wick, and that could be signal that we're find here a demand zone. So guys, my trade that I want to have a perspetive it's that Bitcoin could to go back to $43,500 USD and maybe from this point, this will be a resistance zone that bears are taking control of it.
COINBASE:BTCUSDLong
by harisonhbn9718