Waitingforconfirm
INDICATORS POINTING DOWN - RANGING - MARKET CHANGE - TVIXF 240MNThank you for your lies and shares, Much appreciated!
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The market needed to be looked up with another eye. After the decision of the Credit Suisse company to take down some shares.
Did we notice any change ? No!
Market TVIXF changing in market shape, passing from a descending trend to a ranging lower trend. Is it the results of the company's decision? No!
For the analysis, we can clearly notice that there is a strong resistance illustrated with a green horizontal line, which as been tested several times before. Possibility of an entry short from that point again to be on the wave of a probable pullback down on it.
Furthermore, the lower part of the actual overall horizontal trend marked with the orange line, can probably see the market trying to break it, to evolve at a lower price.
Another idea would be an entry long from that point(bottom orange line)
At the moment, because the market hasn't shown any strong sign of recovery, we would wait and see what is going the happen from next week.
So Wait Few Days to Increase Your Probability Limiting the Risks.
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USDJPY : the best sell position coming soonWait the candle touch trendline as confirmation before order sell
STRONG RESISTANCE & PULLBACK GBPJPYWe should wait for the perfect confirmation to sell the market ASAP
Please share with me your thoughts
Thanks for watching
ALL YOU NEED IS ONLY ONE LINE There no need to draw anything else in this else,
We must wait until the next patterns and then we will judge the market state
Sit thigh and and wait for your goat to hunt !!
Still in Wedge that formed last week- TSLAIt will be interesting to see if we break to either side. No position still, waiting to see which side it chooses. Good Luck! Make your own trades as this is only trading advice.
USDJPY - Searhcing for new trend/patternUSDJPY - Recent break of downtrend and retest of that broken price area level at 106.743. Now currently looking like a uptrend may for if a breaj if 107.769 occours.
Also looking at possible Horizontal channel to form at bounce of 107.769 level if fails to break.
Still to close for meRising wedge at the end of another symmetrical triangle, head and shoulders trend failed so the jump bearish should be small.
OANDA:EURUSD
Will the breakout happen over the weekend!?Thanks for watching ladies and gents! Wish i had a better picture to paint for everyone today. So far I have been very accurate, but I do not see this as a good spot to jump in on this trend.
Our scope is too narrow. Scalpers will still look for reversals. Break out coming soon!
Be careful making trades before close on Friday! NO CLEAR TREND YET!
FX_IDC:EURUSD
Patience is the key. Wait for confirmation. Very simple.
Nothing complicated at all. You can entre buy if you wish, but now is the time to ambush to a perfect ( Sniper type of) entry.
Please be patient and focus on your risk management. Trading is not a game of predicting correctly, (The market does that for us already if you listen to what she is telling you, the problem is most of us either don't listen or can't speak her language of harmony and frequency, anyways.) Trading is a game of patience.
Happy trading. :)
Waiting for a long entry!As it appears above. Patience is the key.
Let me know your thoughts on this. :)
Happy trading (Don't forget risk management!)
GBP/AUD, Double Bottom?There is a possibility that this pair will create a double bottom after it broke out of an descending trend line. Although we still need some confirmation that bulls are entering the market to establish a move to the upside. Thoughts?
Wait for confirmation before entry long on BAIDUSupport :96.51
Resistance : 105.14
The market is ranging at the moment , we are observing the volumes because at the end of the day BAIDU is always dynamic.
If the candlestick formation is confirmed to be a pullback , thanks to the volumes, it will announce a coming increasing trend .
If the market strongly breaks the support line or the resistance line : The shape of the market will change. Follow the trend because they are possibility of seeing the market moving way from the actual range.
Beware:
BAIDU can open in the morning with a significant price change.
Some time before BTC RaceAbout 2021, BTC could break history support and resistence, maybe we need to wait more
NZDUSD - wait and go longOn the NZDUSD pair, we have to wait a breakout of the trend line.
Then we can go long, up to 0.62000 (fibo level).
If the price breaks below 0.59400, we can go short to 0.58500 (fibo level as well).
Let me know ;)
USDJPY, waiting for a breakoutUSDJPY is ranging, wait for a breakout.
Target profit: the hight of the range on the side of the breakout.
Waiting Price its in a supply/demand zone, I'm more bias to see the price going up due to the bull momentum we had for the past few days.
Backtesting GJ Just working GBPJPY to see where she is going for now and what to expect looking left on the higher time frame.
WHY ARE YOU EURJPY ?After the breakout from its daily downtrend, EURJPY is now entering sideways channel after an uptrend short-trend in 4H.
Let's watch is it going up or down, take it easy.. wait for a moment...
USDJPY: possible buy scenario Japanese yen weakened around 1,5% against USD yesterday and i think it should continue it's trend...
...jumping in now would be fomo, so it's better to wait for better prices (which we might not get).
Joining bulls from 110.65-111.05 price zone with 113.00 T/P provides decent R:R.
Keep in mind that this idea might be realized in several days and opening long position in USDJPY results positive swap.
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