EURUSDEU is not properly priced but let's see if we can have a pullback to the 15m supply zone to target 4H demand zone. I'll be expecting a trend continuation for longs from the 15m refined 4H demand zone to target Daily supply zone. Cheers.
Trendcontinuation
XAUUSD | New perspective | follow-up detailsThe Gold continues its bullish momentum as it neared a nine-month high on Friday to close the week at the $1,920 level which shall be the basis for our trading activities in the coming week(s). As confidence that the Fed is almost done with raising rates gets stronger by the day, will the Gold experience a retracement phase in the coming week? In this video, we reviewed the charts from a technical standpoint where we are expecting price action to transition into some tradeable structure around the $1,920 level.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
U-Blox UBXN in an uptrendThe stock re-started its move up after a consolidation period, today volume above average. Look to hit the upper line of the trend channel. Risk around 15% so adjust your position size accordingly.
XAUUSD continus to rise!Hello fellow traders!
XAUUSD has broken a key level and has now a potential fib retracement level to reach.
Checklist:
✔BULLISH CONTINUATION MOMENTUM
✔RSI IS IN THE BUYERS AREA
✔SUPERTREND IS IN BUYERS POSSESION
✔FIB RETRACEMENT HAS PASSED 100% LEVEL AND SHOULD TEST 161.80% LEVEL
11,112 Pip Analysis
One of my Oldest Trading TechniqueIf you have been following me, you should know that I was a born counter-trend trader, but you might not be aware that I am also a Breakout trader. What I love about breakout trading is the sudden spike of movement that brings me instant profits; nowadays, I do lesser of those trading setups.
I'm waiting for a break and close above 0.9345 for further confirmation of the trend continuation move; another approach is to wait for a retest on the trendline without having the candle break and close below the trendline.
The buy entry is still valid guys on EURNZDThe bearish trendline has been broken with the price level to confirm the new bullish trend.
Five stars trade, aligned with my rules:
✅ market structure
✅ price momentum
✅ price action signal
✅ retracement fibo 0.5
SPX: Back to a CRITICAL support level!• Last Friday we nailed the bottom on the index, and it went up nicely afterwards;
• However, the SPX is back to our support level, and it all depends on how it’ll react from here;
• By losing the 4,028, then we might see a sharper pullback, and the 21 ema in the daily chart would be a good target to work with;
• If we react, then the bullish bias will persist, but for confirmation sake, would be important to see the index breaking the 21 ema in the 1h chart;
• Unlike last time when we called a bottom, the SPX lost the ema in the 1h chart, and as evidenced by the purple line, it did a lower high, this makes the trend weaker;
• However, keep in mind that in the daily chart the trend is still clearly bullish, and a pullback to the 21 ema wouldn’t ruin it at all;
• The 4,028 is the key point here, and only by losing it we can work with a sharper pullback. For now, let’s wait for more info. I’ll keep you updated on this.
Remember to follow me to keep in touch with my daily analyses!
AUDSGD - ascending trend channelHello! Here you have a quick analysis on AUDSGD, which is currently moving in an uptrend. We can expect another move up, creating a higher high on a daily timeframe. EMAs and MACD are also bullish, so we have multiple factors of confluence.
GOLDEN ZONE - FibonacciHello guys! Take a look at how smoothly the market respects the Golden Zone on Fibonacci retracement levels. The Golden Zone or Golden Ratio is the area between 50% and 61.8% on retracement levels, which acts as a strong support zone. After an impulse, on the correction the price usually gets rejected by this zone and it continues its previous trend. However, if it is broken, there is a high change of a trend reversal, as we can see in this chart.
GBPUSD-Weekly Market Analysis-Nov22,Wk5The overall trend on GBPUSD is heading towards the upside, a bullish trend if that makes more sense to you.
I'm waiting for a buying opportunity. on a Bullish Deep Gartley Patterns that complete at X, I'm aware that most harmonic patterns traders don't trade Gartley Pattern the way I did, but I have other filters in place, and I've been trading harmonic patterns for the past 11 years.
ETH Bulls revenge move back to 1548 R LoadingEthereum Bulls are ready to move up to $1359 Resistance range as my 1st TA, ones they break my box I expect price to Target the $1500 R next.
The current consolidation is a sign of capital accumulation phase by Buyers as they continue to print clear Higher lows on Support
The whales are protecting from price going any lower and ETH is likely to see more upward more.
GBPJPY - A rare setup GBPJPY, I'd spotted this potential trends continuation setup, a double top with RSI Divergence on the dotted line is what I'm waiting for.
Aggressive trader could wait for a 3-bar reversal on the dotted line.
CHFJPY LONGPrice is in a up trend on multiple time frames. This added with a counter trendline breakout in the direction of the bigger picture trend singles a move to the upside.
Clean charts are the best. No need to overcrowd the screen with indicators to the point where you cannot see what's going on on the chart. Keep this simple guys and never
trade against the trend. Risk management of between 1- 2% is the holly grail.
USOil | New perspective for the week | Follow-up detailThis is a follow-up detail to my previous analysis of this commodity where we closed the week with approximately 200pips profit. Oil prices plunged about 1% on Friday after top crude oil importer China widened its COVID-19 curbs, though the price of oil rose during the course of last week's trading session after a significant breakout of the much anticipated $86.00 level to set the tone for a bullish momentum in the coming week(s).
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPUSD | Perspective for the new week | Follow-upI still can not upload videos here on Tradingview; So for the GBPUSD video kindly visit my youtub channel for details. Please note that I will be dropping updates on this analysis in the comment section of this broadcast in the new week. Cheers!
As inflationary pressures loom on the UK economy, the Bank of England Governor is hinting at their willingness to raise interest rates to meet the inflation target. How are the participants in this market going to react to this statement in the new week?
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USDJPY - Bullish TrendlineAdvance trader who can plot a similar bullish trendline and have your alert setting as once per bar close and wait for buying opportunity once the market touches it.
If you face challenge doing that, keep refreshing this analysis until you can see a link under related ideas.
EURUSD IMPORTANT TO STICK TO YOUR PLAN!Still not in a short position but was expecting to see this push down. Just thought id break it down and show the next couple areas I'm interested in, long term I see the trend continuing but ill be looking for longs on the retracement just in case.. always remember to trade with a plan and stick to it!
USDCAD - RISK COMES FIRST! UPDATEAs always make sure stops are at break even if you took buy trades, price is in an area of 2 key levels as highlighted and can do anything from here... (create a right shoulder for a short) or ( continue long term continuation to the upside). I believe price will be slow and will be waiting for a reaction to the fundamentals before giving a clear direction!
EURUSD SHORT ( SELLERS TAKING ACTION )EURUSD is at peak level towards a strong bearish movement as DOLLAR INDEX is moving on the upside
NZDUSD - Bullish SharkProbably "the most important" Bullish Shark Pattern of the week. I'm waiting for the market to fulfil the Shark Pattern at 0.5583; for that to happen, a 3-bar reversal has to be seen.
What is more important than the Shark Pattern is the fulfilment of the 5-0 Pattern. The market shouldn't break and close beyond the red box that marks 5-0 Pattern, and when that happens, I'm going to head in for a shorting opportunity and might just ride the wave down on a Bearish Flag Pattern that could form on the 4-hourly chart.
You can check the related ideas at the bottom of the tradingview post on the potential bearish flag pattern.
NZDUSD - Bearish FlagCounter-trend traders do take note, if you are looking for a trend-reversal trade, it might not be the time yet.
What I've spotted is a potential Bearish Flag Pattern, the Flag Pattern confirmation will happen when the candlestick break and close below 0.5560, so I say, "Hold your horses!" Let's see what pans out.
Check out the related ideas at the bottom to access the lower timeframe analysis.
Bull Flag on ATOM Until Proven OtherwiseFor me the best time to buy would have been at the 0.886 Retrace Below but i was not looking aware of ATOM being at the .886 at the time. If one wanted to be patient they could wait for ATOM to come back down to the 0.886 level and try to play some sorta Double Bottom but there's a possibility that a significant continuation up happens before it goes back down there so as a bit of an Aggressive Continuation Trade I'll be risking a bit here to try to realize a 60%-80% Gain based off what looks to be a Bull Flag in a Local Uptrend showing some Hidden Bullish Divergence.
