W1
EUR/NZD ! Good Buy opportunity !At the moment, the EUR / NZD currency pair is trading near the global support level, which has more than once provoked a stop and a further rise in the price, which means this is a good zone for buying EUR / NZD in the medium term.
NZD/USD Heads & Shoulders W1Looking at the weekly (and monthly) we notice a forming a possible Heads & Shoulders. Assuming the H&S forms with confirmation, we can prepare a long order after its completion of the pattern. As of now, I will be short on this one based on price action.
Do note on the fundamental side of things that the Dollar (U.S.) is weakening. Recent low GDP statements, rising COVID cases as well as high-unemployment are factors we should consider before executing a trade.
Do your own due diligence, don't take me word for word I'm only a newbie with a passion for trading!
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BTC/USD - W1 - BUY1 : BTC going to break the triangle form the top then a pullback
2 : BTC will fall to the bottom of the channel then raise again and break the triangle
GBPUSD W1 - BLACKSWAN (SHORT)GBPUSD Seems to be going short for the next coming week... or weeks it's currently setting up for a BLACKSWAN where its touching a possible resistance zone. The resistance zone doesn't seem like a very strong one however its currently in position at a 38.2% retracement in the market and its touching a MAJOR trendline in the market. The trendline has made 2 touches before but currently in this situation with such confluences at the moment it's likely to be very probable. The GBP pairs seems as though they're gonna make some major drops at the end of 2019 and the opening of 2020. Who knows it might last a couple of days weeks or months but set your targets and get in for some shorts! If your analysis says otherwise then by all means go long because i can be wrong. Nothing's guaranteed in these markets!
I've had approximately a 70% Win rate trading BlackSwans so it might be worth considering.
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Wheat to rally to 600?Wheat found a bottom and has been trending up, If it could get past the report on monday or better yet rally on it, we could safely call a significant bottom in place. If you're not long from lower, it's probably better to stay on the sidelines until after Monday's report
[GBPCAD] SHORT TIME ON W1?At the significant level where it seems to be a strong resistance, price shows the strong rejection with a big rejected bar on W1 indicates that finally the seller would come back and decide to take back what they deserved. The short at around 1.761 would be expected depends on the momentum of the pullback up (if pullback up strong, we would have better Risk:Reward position)
You can also notice the head & shoulder pattern there, do you think it is really H&S pattern or only the uptrend? What are you thinking about this case?
H&SH in EurUsd W1In an S/R area may have an H&SH and if we can find some reason there, we can Buy until W Trend Line.
EURUSD W1: Long OpportunityFX:EURUSD has been recently in a downtrend. However, a sudden upturn took place during it and it comes together with heavy volume, which conclusively indicates a change in trend.
Price has already closed above the area, so, when possible, you traders can consider placing long positions.
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Please, leave you honest feedback if you want to. :-)
Happy Trading@@@
EURAUD prevision (h&s + trendline)I'm long term bearish on EURAUD for 2 reasons:
- head and shoulders formation
- ascending trendline became resistance
Will risk 1% on this trade, good luck
AUD USD approaching support, potential bounce! 1D-1W, BuyHi there, This is a long position trade.
1) if price breaks the resistence (supply) on 1D chart, we can follow blue arrow.
2) if price goes down, we can wait and buy on the demand zone.
SHORT-USD/CHF. Long term. W1. Harmonic CypherSell now when price go to fibo 78.6% zone of XA or wait until we has a confirm candle.
TP1 at fibo 38.2% zone of CD *
TP2 at fibo 61.8% zone of CD *
SL above X point.
R:R :1:1 and 1:2
*: should combined with support and resistance zone.
EURUSD SHORT PERSPRCTIVE, D1/W1In this analysis, I believe that the market will make a 38.2 retracement of wave A.
(WAVE A: Bullish commencement - Potential Bear Wave/Consolidation )
Note that the dashed lines within the 38.2 area represent a channel of past support and resistance.
If my hypothesis is correct, then the market will return within that area.
I'm mainly focusing mainly on 1.13876 as a TP
I'll keep an eye on the development and see if potential patterns form.
W1 buy EUR/AUDW1 strategy for today
buy at 1.4875 / TP at 1.4925 / SL at 1.4775
trailing stop 40pips
Wheat to turn at the corner?My mate @Bo here on TV gave me a heads up.
I can see the following on the chart:
- very stretched down swing
- coiling = something is cooking in here
- price landed nicely at the A/R line
The white fork is a "potential" projection of price.
If price close out of the L-MLH, then the fork is not valid anymore.
Let's see if there will be something more interesting.
I don't like to jump the gun, there is mostly a re- entry if I miss it.
But we need to stalk it for sure!
Hunt mode ON ;-)
TNX Bo for the heads up.
P!
W1 strategy GBP/USD sellW1 strategy GBP/USD sell
sell @ 1.2390 for 1.2340; stop @ 1.2490
400 pip traling stop
The Bottom Many Have Been Looking For: WheatIf I were asked to pick just one asset to be long in 2017, I'd consider wheat as my top choice.
I am still long from 422. As shown below, I got stopped out but managed to re-enter at that exact price.
