AUDUSD: Bearish Cypher Pattern
Almost completed bearish cypher pattern on AUDUSD .
Entry (sell limit) - 0.692
Stop - 0.695
T1 - 0.689
T2 - 0.687
US-DOLLAR
NZDUSD: Bearish Forecast
hey traders,
NZDUSD has recently broken below a minor support 0.6575.
After a retest bulls show their unwillingness to proceed.
I believe that today we can expect bearish continuation to lower levels of support.
Key levels are:
0.654
0.651
USDJPY: Trading Plan
USDJPY is currently retesting the recent market high.
It looks like the market may form a double top pattern.
Pay close attention to a rising channel and sell the market in case of a bearish breakout.
Stop will be strictly above the higher high.
Target levels: 109.3 / 109.0
*if the market goes higher and closes above the current high, our setup will be invalid.
DXY (Dollar Index): Bad Days For Greenback
Dollar index has broken below a key horizontal support 97.0
It is a very important clue to consider analyzing the market.
I believe that next week we may expect further bearish continuation.
the next key level for the greenback will be 96.
GBPUSD: Short Trade Explained
Video analysis on GBPUSD and explanation of a short trade that went active on Friday just couple of hours before market close.
Please, support the idea with like and leave a comment! thank you :)
DXY (Dollar Index): Important Update
hey traders,
dollar index is close to a major trendline .
this trendline matches perfectly with horizontal support.
I believe that we can expect a bullish reaction from the underlined area.
Target levels are:
97.8
98.4
DXY (Dollar Index): Important Update
hey traders,
dollar index is close to a major trendline.
this trendline matches perfectly with horizontal support.
I believe that we can expect a bullish reaction from the underlined area.
Target levels are:
97.8
98.4
NZDUSD May Retrace From Key Resistance
hey traders,
NZDUSD has reached the next level of resistance.
we see a perfect match of horizontal structure/rising upper boundary of the channel/0.618 fib retracement level.
+ take into account rsi overbought with divergence.
I believe that there is a high chance to see the retracement from the identified level.
Target levels will be:
0.650
0.645
USDCAD DOWN After Coorection USDCAD it is PIG Opportunity but you must wait until breakout after that I'm sure you will Get big profit If Allah Say
NB : Be Carefully Please Because Of This is a Market Thanks A Lot Guys Good Weehttps://www.tradingview.com/x/jx87kFM0/k .
EURUSD is standing on a strong resistance.
For now, the pair is in complete indecision!
The side of the breakout of the horizontal range will show us further market direction.
I will be focused on a bearish breakout to short the market and catch a pullback!
My target levels will be
1.1055
1.1040
EURUSD May Drop! But Wait For Breakout!!!
EURUSD is standing on a strong resistance.
For now, the pair is in complete indecision!
The side of the breakout of the horizontal range will show us further market direction.
I will be focused on a bearish breakout to short the market and catch a pullback!
My target levels will be
1.1055
1.1040
USDJPY May Retrace From 110.0 Level
USDJPY Remains bullish.
I believe that buyers will go even higher and our first pivot point is 110.0 level.
This level combines a horizontal resistance and a rising trendline.
Look for a reversal formation within the underlined area to short the market.
Target levels are: 109.5 / 109.0
AUDUSD: Bearish Forecast
This week AUDUSD has broken below a key structure support level.
The breakout is considered to be confirmed and I expect bearish continuation next week.
Target levels are all in 20 pip range :
0.674
0.672
0.670
AUDUSD: Bearish Forecast
This week AUDUSD has broken below a key structure support level.
The breakout is considered to be confirmed and I expect bearish continuation next week.
Target levels are all in 20 pip range :
0.674
0.672
0.670
AUDUSD May go up! Here is why...
hey traders,
it looks like the market has respected the month's low
and now bulls are in an attempt to break above the falling wedge pattern.
if the market breaks and closes above the wedge we can buy the pair expecting bullish continuation.
T1 - 0.68
T2 - 0.682
Stop- 0.6764
USDCAD: Weekly and Daily Timeframe Analysis
my thoughts on USDCAD from a long term perspective.
bearish outlook and justification.
please, support the idea with like and leave a comment!
NZDUSD: Trading Plan
nzdusd is close to month's high.
be focused on the rising wedge formation!
firstly, let the market reach the underlined resistance
and then sell the pair in case of a bearish violation of it.
target levels will be:
0.640
0.635
stop will be above the highest point of the wedge
EURUSD: Update and Potential Short
this is the update for my previous post on EURUSD .
The price has reached the key level of resistance and yesterday we saw a nice rejection from 1.109 level.
Currently, the market is trading within the horizontal trading range 1.106 - 1.109.
For confirmation, wait and sell only after a bearish breakout of the range.
This breakout will also signify a bearish violation of a bearish flag pattern
and, most likely, will cause a strong selling movement.
Our target levels will be
1.104
1.1
*if the market goes higher and closes above the range our setup will be invalid
AUDUSD: Complete Indecision
hey traders,
it is an educational post on AUDUSD .
I was asked a lot during this morning about AUDUSD future market direction for this week.
for now, it is quite complicated to say exactly.
* from a bullish perspective, the pair has just reached 0.68 key structure support level.
and after a strong selling reaction from 0.69 it can retrace with a high degree of chance.
* from a bearish perspective, the market has retraced to 0.682 strong level of resistance
+ has just touched a minor falling trendline
for confirmation of a market further direction pay close attention to 0.68 - 0.682 range,
the side of the breakout will determine the market further direction.
Please, support the idea with like and leave a comment, thank you!)
AUDUSD: Complete Indecision
hey traders,
it is an educational post on AUDUSD.
I was asked a lot during this morning about AUDUSD future market direction for this week.
for now, it is quite complicated to say exactly.
from a bullish perspective, the pair has just reached 0.68 key structure support level.
and after a strong selling reaction from 0.69 it can retrace with a high degree of chance.
from a bearish perspective, the market has retraced to 0.682 strong level of resistance
+ has just touched a minor falling trendline
for confirmation of a market futher direction pay close attention to 0.68 - 0.682 range,
the side of the breakout will determine the market further direction.
Please, support the idea with like and leave a comment, thank you!)
XAUUSD another drop incoming??Sup metalheads
It wouldnt be crazy to think that gold could in for its next drop all the way down to the 500 ema...
This is my view on it, lets see it play out.
Keep risk managed everyone!
Cheers :D
EURUSD: What to expect next week???
EURUSD has retraced from 1.1 support this Thursday
and I believe that bullish tendency will remain at least until 1.108 level.
I have placed an alert on 1.108 and will try to catch a bearish continuation to the support of the range.
Wait for a confirmation on a lower timeframe before entering the trade.
