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Trendtrading

ANOTHER USDJPY SHORT- MONEY PRINTER IS LOADING AGAIN !We are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs. Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK! This is looking like a very yummy short! Follow and Stay tuned my friends ;)
Short
by RomanaTrades
Cardano's Road to $1Cardano's BINANCE:ADAUSD Road to $1 ADA had a massive bullish run from $0.25 to a High of $0.68 (Approx. 150% Gain). Cardano is currently consolidating and building a base at the $0.60 price level. ADA has significant resistance at the $0.66 to $0.68 range and has to break in order to move to the next levels ($0.8 and $1). There was a typical liquidity grab on the 26th December, which liquidated late longs and gave the big players a perfect well timed entry. Based on our technical analysis, we believe CRYPTO:ADAUSD is set to teleport to the $1 Mark. Technical Analysis: 1) Consolidating in an ascending triangle technical pattern 2) Bullish Volume is entering 3) ADA/BTC has flipped bullish as well 4) TraderMagz ATR God still in a Bullish Trend 5) Momentum, On balance volume and Commodity channel index 4 hour Divergences 6) Weekly Stochastic Money flow in Strength Price Targets/ Trade Setup: Entry : between $0.60 and $0.66 Stop-loss : $0.55 Conservative, $0.5074 Take profit 1: $0.80 Take profit 2: $1 phycological level Take profit 3: $1.12 - 0.618 Fib Level
Long
by TraderMagz
2
💡 XAUUSD: Forecast December 28Gold hit the support zone around 2060 and rebounded strongly according to our analysis yesterday. Those who trade in low time frames can find good entry points with gold. It can be seen that the price increased quite strongly, it has found the resistance area around 2080 and the target of this price increase may be the peak of the daily frame, so if you trade in the short term, we can go. according to the current uptrend of gold. Currently, gold is still on the rise so we will mainly trade in low time frames. The support area around 2070 is an area where we can buy up if the price returns and forms a signal for us.
OANDA:XAUUSDLong
by Stone_Haven
💡 XAUUSD: Forecast December 27Gold had another day of price increase yesterday, the third consecutive day of price increase. But yesterday's D1 bar was inside the previous D1 bar, creating an inside bar pattern, showing cumulative price compression. The D1 gold chart structure is moving sideways, with the main price increasing. Above gold is the old all-time peak zone around 2075. The most recent attempt to surpass this zone was blocked on the same day, so gold may face a slowdown. H1: H1 gold's upward momentum has stalled because the price did not create a new peak. The gold H1 chart structure has now turned sideways in the price range. Because above is the all-time highest resistance, H1 gold should not be chased at this time, but can wait to buy if there is a downward correction to the support areas below.
OANDA:XAUUSDLong
by Stone_Haven
EUR/USD Holds Above 1.1100, Eyes US Employment Data EUR/USD extends its upward momentum beyond the psychological level of 1.1100 during the Asian session on Thursday. The US dollar's overall weakness provides some support for the major currency pair, despite the rebound in US Treasury bond yields. Attention is now focused on mid-range US employment data. EUR/USD has confirmed the breakthrough above 1.1000 and quickly reached the 1.1100 mark. The pair peaked at 1.1122 before retracing modestly. The upward trend persists, although technical indicators are overbought across most timeframes. The trend remains strong and resilient, though some consolidation seems likely. On the 4-hour chart, the trend is bullish. However, technical signals suggest some accumulation may occur ahead of the Asian trading session, potentially ranging between 1.1110 and 1.1080. The 1.1050 region has become a relevant support area, followed by the 20-period Simple Moving Average (SMA) at 1.1030. Below 1.0980, the short-term trend may turn neutral. Corrections could be viewed as buying opportunities, keeping downsides limited.
by Larissa-Trader
Gold's Robust PerformanceForecast and Analysis of Gold Prices Today: During the Christmas holiday season, the gold price ("XAU/USD") is expected to maintain its upward trend, supported by the latest analysis. The overall bullish trend remains strong, with stability above the psychological resistance level of $2,000 per ounce and ongoing support from the weakening US dollar. From a technical standpoint, key resistance levels for gold are currently $2,055, $2,070, and $2,085. These levels have already pushed technical indicators into overbought territory, indicating the possibility of profit-taking sales at any time. In summary, the gold market shows resilience, driven by a strong bullish trend and continued weakness in the US dollar. While profit-taking may be on the horizon based on technical indicators, the overall outlook for gold remains positive.
FOREXCOM:XAUUSD
by Larissa-Trader
CANNOT WAIT TO SHORT USDJPY AGAIN! GET THE MONEY PRINTER READYWe are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs. Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK! This is looking like a very yummy short! Follow and Stay tuned my friends ;)
Short
by RomanaTrades
GBPJPY BEARISH SENARIOGBPJPY is on a very crucial situation as o n high time frame supports to us there is a bearish order flow after few months to come. According to my view on GBPJPY the pair is likely to drop because the double rejection on the resistance trend line level is clear since price moves in waves to hunt for liquidity or unmitigated areas left by the MARKET MAKERS for rebalance an momentum refine and price reversals to its own direction. PLEASE COMMENT FOR ANY VIEW.
Short
by UnknownUnicorn35651725
1
💡 EURUSD: Forecast December 26EURUSD has breached the 1.10 level, but we cannot yet consider this a breakout because selling pressure has also reappeared, shown by a notable Doji pattern on the daily frame. You temporarily stop trading, pay attention to the tops and bottoms of this model. If it breaks to the bottom, it will likely create a peak in the short term, and the reversal traders can consider returning. In case the price breaks the top of the pattern, meaning it has been invalidated and confirmed the breakout, then trend followers can consider entering an order and targeting the upper border of the rising price channel.
Short
by Stone_Haven
4
Ethereum's Dilemma: Surge to $2,500 or Face Decline?Ethereum traders are at a pivotal point as $2,300 proves to be a crucial battleground. Sustaining upward momentum here could lead to a significant rally towards the coveted $2,500 resistance, instilling renewed market confidence. Conversely, bears aim to breach the $2,200 support, potentially triggering a notable downturn with $2,000 as a possible target. The increasing availability of Ethereum on exchanges adds complexity, highlighting the delicate balance between market sentiment and technical factors shaping Ethereum's future path.
BITSTAMP:ETHUSD
by AdmamTrade
💡 XAUUSD: Year-end predictionAlthough it increased on Friday, the gold bar D1 created a bearish pinbar pattern, showing that there is a blocking selling force above. Gold is in a resistance zone and such price behavior is a warning sign. Gold D1's chart structure is sideways overall with a bullish bias. H1 gold recently established a new high price peak, showing the continuation of the upward price trend. Because D1 creates a bearish pin bar, H1 should not be chased above but can wait to buy below. If this resistance is broken, H1 gold may reverse to the downside, and we can wait to sell gold at the next retest.
OANDA:XAUUSDLong
by Stone_Haven
2
💡 XAUUSD: Up after GDP and Unemployment ClaimsGold prices rebounded in the past session, stopping right at the 2050 resistance level. However, this morning, this resistance level was penetrated. However, it can be seen that selling pressure also reappeared right after the breakout and the H4 candle has not yet closed, so it cannot be concluded that this is a complete breakout. You continue to pay attention to this resistance level. If the price successfully closes the candle above 2050 and there is no significant selling pressure, as shown by the candle shadow above, then you can consider increasing your bets. When entering an order, the target will be around the 2080 threshold.
OANDA:XAUUSDLong
by Stone_Haven
Gold Price Outlook: Potential Decline AheadAnalyzing the current landscape during the Christmas holiday, gold prices ("XAU/USD") are likely to maintain their upward trend, hovering around the psychological resistance of $2,000 per ounce. The ongoing weakness of the US dollar continues to support the bullish sentiment. From a technical standpoint, key resistance levels stand at $2,055, $2,070, and $2,085. These levels have pushed technical indicators into overbought territory, signaling a potential for profit-taking sales. With prices just below $100 per ounce, investors are advised to exercise caution in this slightly volatile market. Despite concerns about prolonged conflicts, gold prices remain high, setting a robust foundation for potential future increases. Modest purchases by exchange-traded fund (ETF) investors could significantly impact market sentiment. The pace of new buying may hinge on the Federal Reserve's interest rate cuts in the coming year. Derivative traders are pricing in a cautious approach, potentially influencing gold prices. In summary, the gold market shows resilience, but caution is advised amid potential profit-taking and market uncertainties.
FXOPEN:XAUUSD
by AdmamTrade
Shorting Caution and Planning for Long-Term Opportunities!GBPUSD exhibits a stronger bullish trend compared to EURUSD, despite a Weaker Bull Trading setup. I'm eyeing a buying opportunity for a longer-term trade strategy. However, this doesn't deter me from considering a Bearish Shark Trading setup on the 1-hourly chart as a potential shorter-term play. Simultaneously, I'm patiently awaiting the formation of a Bullish 5-0 Pattern, which could serve as an entry point for a longer-term buying opportunity. What's your take or strategy on GBPUSD? Share your insights below!
Long
by RaynLim