GBPUSD BIG MOVE DOWN! LONG TERMLooking for a right shoulder rejection to either give us a opportunity for a long term short or at least just tap into the support of 0.09. Personally ill be waiting for that initial push down and look for that confirmation fail back up before taking entry's.. but I can see some huge profit potential if price can move in our favour. Just remember DXY is very bullish which will work in our favour but remember been so bullish we can see a sell off at any point so make sure stop losses are always set and you update those stops when in profits! Good luck and hope everyone has a fantastic week!!
Trendpattern
AUDJPY / BUY TRADE SETUP!!Ill be monitoring price around the highlighted zone (91.650) early next week to see how price reacts. We should see a bounce at the least which ill be taking long trades to give myself the opportunity to hopefully see price return to the resistance of 95.700. On the daily you can see we have already had one rejection from this support zone, so a nice morning star formation on the daily would be a good indication to take entry's! As always trade smart risk appropriately!!
USDCAD / possible sell off idea (right shoulder)Looking at catching a sell off on USDCAD, long term bullish but to continue this way we need to see a breather (correction). Can be very risky going against the overall trend but if we can manage to catch the move we can see huge potential for profit, again I will be aggress with stop loss and adjusting once in profit.
EURUSD short term trend reversalAs highlighted I'm looking for EURUSD to make an upside move as a new short term trend reversal.. its about time we see a bigger pull back in order to make another push down, and don't forget this trade idea is going against the long term trend so make sure you are managing risk and been smart with entry points.
ADAUSDT LongTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.4319
TP: 0.4539
SL: 0.4156
Bias: Long
The price trajectory that we see today has no new paradigm for strong bullish or bearish momentum creation. Our goal is to look for trading opportunities from the inconsistency of the price loops that dictate the current crypto market.
GBPCAD / SELL ZONE! CONTINUED SHORTSNot a lot happening across the board in terms of getting into new positions, this is one of the only ones I'm looking at taking a position on. GBPCAD if we see a rejection around 1.48000 ill be taking shorts to hopefully catch the continuation move to push towards last weeks lows.
ADAUSDT LongTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.4593
TP: 0.4845
SL: 0.4376
Bias: Long
The oscillation of price levels between support and resistance signify a weaker price action set up. The major bias for this pair is long and we strongly believe that the weakness that is seen recently in different crypto pairs will result in a long drive . We can anticipate long opportunities in a narrow range from the current price context.
ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.4405
TP: 0.4173
SL: 0.4578
Bias: Short
The price movement of different crypto pairs has a common trend. The weakness of the price trend or low volatility is resulting into neutral decisions . However, in some cases we can anticipate short or long opportunities which may be subject to upcoming volatility and trend power.
GBPUSD NEXT MOVES?!?!!Huge sell off last week as the USD continues its rampage.. The only trade idea I have at the moment is some quick intra-day shorts back into the supportive low at 1.04 or a rejection from this area to create a longer term retracement. I'm not interested in any of the current areas and will be waiting for price to create some easier levels to trade from!
GBPJPY NEXT BUY AND SELL ZONES!Looking at either a longer term continuation push up or a possible right shoulder reversal. Two areas to look at buys and sells from, another rejection from 165 will see price push to at least 166.100 for either a right shoulder or push further and possibly make a new leg higher.
USDJPY FOLLOW THE TRENDLooking to see if we get some continuation longs for another bounce off this step uptrend we have going on USDJPY. Pretty simply if we see this highlighted level break this trade is invalid and structure is broken. We can see fast sell offs at any point so I will be moving stops to break even once a few pips in profit!