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WIN

Extremely Clean Aud/Jpy Re-cap Please see our above trade on Aud/Jpy posted on 21st November 2021 link below. Lets break down why we took this trade and how you could have identified this the same. Starting from the Daily timeframe we identified a daily descending channel which was broken and retested on September 21st. We then started a bullish move towards the previous swing high made on the 10th May 2021. This area was clearly rejected on the daily time frame and then exhaustion followed. Moving down onto the 4hr chart. We identified the 4hr ascending trend line that was keeping the bullish move alive and one which we would then use to give ourselves confluence that the bullish move had ended and we could be looking for short positions. After our ascending trend was broken this gave us more confluence and we then moved on to identifying so key market structure and some exhaustion. This all took place straight out the textbook and we then used the EMA's and descending trend to capatilise on this move to the downside. To see more set ups like this in advance give the page a follow and if you agree with our ideas hit the thumbs up. If you have a different view point leave a comment below, after all everyday is a learning day. Have a wonderful weekend. The Fx Chartist
Short
by TheFxChartist_
Aud / Usd Long Opportunity Please see above our analysis on Aud/Usd. We have a high probability set up currently starting to form that we really like the look off. Price at this area did create a fake out previously and this could be a repeat of that outside the consolidating channel. We could however see more downside to our swing low off 0.718 ish. We have a great opportunity here to begin building a position on this pair heading towards our target zone before we will look for further insight on the direction of the market as to whether or not we expect another test of the channel high. As always let me know in the comments your thoughts on this pair. All feedback is greatly appreciated. The Fx Chartist
Long
by TheFxChartist_
GOLDS RED LIGHT, GREEN LIGHT ?? Please see above our analysis on Gold (Xau/Usd) The first thing I want to mention here is I think we all sometimes fall into the trap off over complicating our charts, would you agree? Trying to make it seem like we have some kind of super power and magical edge to predicting where the market is going to go. However what we commonly find time and time again is the simplest off approaches to the market (with the correct knowledge) often reaps the best rewards. I know I've been guilty off this. I think you'd be lying to yourself if you said you haven't been there also. The biggest lesson is with the above in mind is keeping it simple and patience tend to prevail more times than not. Take our analysis on Gold above. All that is present on this chart is some basic dynamic support - correctly identifying key area's of structure in the market and the phase that price is currently in. (Impulse, Correction, Consolidation) Then add in a little bit of fun and here we have our own little red light green light green system. Green light is the market respecting our support / structure and we can look for a trade. Red Light is the market breaking out and this is where we can have our most probable set up coming from. Wait on that green light with a test of pre-determined structure and pull the trigger. Identifying everything in the chart can be achieved with ease, just don't like your mind get in the way. As always guys leave a comment below on your thoughts on this pair and give me red light or green light for this post!! :) The Fx Chartist
FOREXCOM:XAUUSDLong
by TheFxChartist_
8
🆓WINkLink (WIN) Nov-21 #WIN $WINThe buying power has returned to WIN at the $0.0008 zone, if it doesn't lose this zone, WIN will increase strongly to the $0.0011, $0.0013 and $0.0015 zones in the next few days. But if it loses the $0.0008 zone, we will wait to buy it back at the $0.0065 and $0.0055 zone. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.0008$ zone 🔴Buy : 0.0008 🔴Sell : 0.0011 - 0.0013 - 0.0015 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.0008$ zone 🔵Sell : 0.0008 🔵Buy : 0.00065 - 0.00055 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
WINK : Time to RISEGreeting from IRAN to whole trading community 💙☘ WINK is moving through a mid-term ascending channel since early September Price has reached the top of the channel twice but both time it pushed the price to the bottom of the channel But now if wink could break mid-line of the channel then 0.0009$ will be a great point to buy and our first target would be previous top 0.00109$ OP : 0.0009 TP1 : 0.00109 SL : 0.00076 ROR : 1.5 Good luck and KEEP IT SIMPLE :)
Long
by nima-mohammadkhani
6