USDJPY SHORTScontinuoation of previous analysis.... 3 trendline touch confirmation. we just need a break of this 4hr support and we should see our targets in the horizon
Trump
USDJPY SHORTI posted this last night and it currently miss the stop by 6pips..im reposting this again because this is an ideal entry for this swing or you should wait till Asia for one! hopefully we get a nice push to the downside before market closed
EUR/USD - two possible movementsWhile it is into a support-and-resistance level, there are two possible movements. It can form a cup-and-handle pattern, which indicates the continuation of the trend. The secound possibility is for it to enter in a downtrend after breaking the cup-and-handle pattern.
USDJPY SHORTabc pattern in effect on the daily. weekly bearish.looking for a break of 106.550 and if so my target is 105.500 100+pips
EURUSD Intra week OutlookEURUSD has broken its descending trendline. If Monday candle closes bearish, could bring momentum down
to area of interest for BUYS. This AOI is reflected on the Fibonacci and the retest of the broken trendline.
Possible RTO formation.
BAC - Bank of America Corporation - ShortThis stock is currently inside a triangle. It has a very strong resistance, so it might break the triangle and enter in a downtrend until it reaches the support.
This idea is predicting a very similar movement as "Long for TSLA".
Follow me for more ideas and for more profits!
GBPUSD Short GBPUSD formed a double top and bearish engulfing on 4h hour chart, looks like investors are going to turn risk off after Trump comments about China.
An update on my last DXY ideaUpdated TA from my previous post. This time on the 4H.
Sellers held 100.75 and are now fighting for 99.80. If buyers take control here then we'll see a possible technical event in the yellow box with a confluence of:
-multiple moving averages
-100.00 handle
where sellers can reject price from once again.
Biased to the downside for reasons stated previously.
USDJPY possible buyUSDJPY passed by a bullish engulfing and now is in the three white soldiers pattern. There is a high probability of the start of an uptrend.
2 possible movements for USDCHFLet´s watch the movement of this pair. I will wait for the confirmation of which scenario it will follow.
XAUUSD shortAfter reaching one of its resistances, XAUUSD might fall. We can wait for this scenario to happen, but we should trade only if we see the confirmation.
GBPUSDDaily Supply & Demand Zones - any divergence shaping up? Just assessing key levels.
Our indicator on the chart is Mayfair's OBV Divergence, Moving fibs and support/resistance from higher timeframes.
Be great to get comments on the coming week's thoughts for this pair.
Have a great weekend!
EURUSD short term longGood morning traders,
We can see that the eurusd has pushed up with conviction in the last session, giving me a hint of where the next move should go.
As always, keep the risk managed!
Cheers :D
DXY bearish biasBeen holding onto this TA for a while now. I posted it on twitter a lot earlier, you can follow me @thecolour_red.
On the chart you'll find 3 seller owned levels and one key liquidity area below that holds bullish sentiment. Currently, 100.39 has rejected price and is being challenged by buyers in the aforementioned zone.
Fundamentals:
-the rejection was printed before the Core Durable Goods figure release and the flow was corroborated on the DOW
-additional QE will drive down the bid in the long term
Sentiment:
-Dollar is overvalued at the moment when compared to G7 currencies
Price action:
-major squeeze playing out, as you can see from the chop of last week's PA on lower TFs
-more patterns printed on lower TFs
Technicals:
-double top and resistance holding
-price currently in range (floor is the bullish area)
Additional notes:
-BoJ MP statement early in the week (key part of macro analysis and will add bias to global flow)
