Retest and shortPossible short setting up. Wait for rejection of zone and 300 EMA's. Could be a nice Long term trade with low risk and high reward
Zones
EURNZDI am looking for either a break of the DAILY descending trendline and retest on the ascending 4HR trendline. With both of these potential set ups I will looking for either that bullish or bearish cande close once they react off of an area of strucutre. I will be looking to have a confluence of having a reaction off of fibonacci levels along with those levels matching up with a previous level of structure. Once I see these I will be looking to ENTER!
FOLLOW ME FOR MORE ANALYSIS AND SET UPS!
GBP/JPY Potential Buy OpportunityAttention Traders!
Allow me to share my thoughts on GBP/JPY.
Price is now at a strong level of support (on the 4hr timeframe). If price doesnt break this level immediantly and find a new low , i expect the markets to start pushing up again. Its been a slow week so far , but grateful for the lessons.
Advice
"Less is more"
#Forexprodigy
EUR/AUD - Potential ShortHigher timeframe downtrend (trendline) accompanied by a double top and a pinbar candle. Also the next candle currently is bearish hope to close this way. Then we would get a evening star pattern. This would indicate a short potential.
EURUSD - Intraday analysisHi traders.Check out my intraday analysis and areas where I expect reaction of the market in EURUSD currency pair. Hope it helps in your trading, have a nice day.
IOVA relative strength compared to SPY! HOMERUN ?!Hi traders,
I would like to share my yesterday´s trade in the IOVA market. We can easily see some relative strength compared to the SPY. (especially during the Coronavirus crisis) -> Long sign.
This market went up with confidence and Insiders increased their LONG positions => they believe that their company will rise.
So If you want, you can take the trade as soon as the markets open.
Good trading,
Jakub
FINEIGHT
EUR/USD ShortLooking at a short on eurgbp as you can see we have had a false break and a break of trend. looking to target major support for tp
Zones and more zonesExpecting EU to drop right into the fresh Weekly Demand and into the daily demand shooting price up to weekly supply
Supply and Demand On EURJPY >>4 Hr ChartThe daily trend go to be a uptrend and trend is changing from downtrend to uptrend so what will happen show up in the chart
the price will retest then go to down support level then after go to uptrend
Silver Short from Institutional SupplyDear traders,
I am currently short XAGUSD, my reasoning for this position are the following confluences:
- Quarterly, monthly and daily supply zone
- .75 Fibonacci retracement
- M50EMA acting as resistance
- Daily high-test candlestick
I will be targeting the trend line for a RR of 1:1.5.
Best regards,
Don Deesker
EURUSD getting ready for liftoff?EU has rejected a major zone for the second time. We should see about 15pips to the downside to retest a lower zone, it is here where we wait and watch price action. If we can have confirmation in either a Pinbar, Bullish Harami, or Engulfing, expect this bad boy to take off to the moon, or at least our atmosphere ;) However, if we break through the lower zone, get ready to watch this fall into a cave yet again. As always, be fluid traders.
EURNZD short trap!Notice how price is breaking the 2H zone, yet approaching the Red Line (4H S/R Level)? This will entice many traders to come in and short here seeing that heavy resistance. For those that i teach and know my Zone Strategy, we will wait for the break & retest of the zone, then will go Long eating up all the retail stop losses :). As always though, If we see rejection here at this zone in the form of a Pinbar, Bearish Harami, or Engulfing we will Short. Price action is king, and we are fluid and open to changing bias on the drop of a dime. Beautiful set up none the less. Enjoy traders.
USDCAD LongWe currently have USDCAD breaking a 4H S/R Level and we should see this go another 90 or so up to retest previous resistance. I have charted the 2H Zones it is trading between, feel free to ask me any questions.
EURUSD Bias Personal Bias on EURUSD for the coming week of 3/10-3/15. #BullishExchange
Please like and share my analysis.
EURAUD Swing LongEurAud is showing a nice double bottom for a swing trade. It just tested major support and is soon to be flying back up. The pair has divergence on all time frames. I've marked up all zones it needs to break through and can be used for added positions.
You Ready For The Bottom?We are still in a huge downtrend zone. Good news is it will end in a few months. Bad news is whales want your coins because of the halving. A major Fibonacci zone coincides with the halving, what are the chances of that? One more shakeout to test the strongest hands and end the multi year descending triangle.
Are you ready warrior?
Ethereum Major Trend & Reversal Roadmap Until 2022Using Fib Time zones. Going into halvening with major momentum. We are at a major zone time period right now. Going to see how this turns out.
CADJPY LongHas an Inverse Head and Shoulder and is respecting support of trend line. Expecting it to push up and complete the pattern. It has one zone to break and once that's broke, it's gone. But, expecting a 50 pip move upward.
Using support and resistance for a long position on USD/CADThis is my first time publishing a strategy so let me know what you think of my analysis, I used trend lines and zones to mark the support and resistance so I can have an idea where price could go on USD/CAD 1HR and 4HR time frame.
GOLD broken out of zonewe have been stuck in this Zone now a break out to the down side
what is your thoughts on GOLD from here?
