USDCAD Analysis 8/11/21I anticipate price to rise as you can see a double bottom forming on the 8 hour time frame.
Agree?
Zonetrading
AUDCHF Short SetupTrend: Longer term bearish
Structure: Buy/Sell zone
Plan: We look for price to bounce off of the resistance/support zone and continue its longer term bearish move.
Again before entry we would like to see a solid respect of resistance zone.
UC Analysis 8/8/21Lets take a look at UC. I want to see price retest 1.25400 and move upwards.
Trade responsibly
GJ Analysis 8/8/21Lets take a look at GJ. Two possible scenarios. I do see a triple top, maybe.
1. If price stays below 153.000, we can see a small move to the downside.
2. If price breaks above and closes above 153.000 we can see price move bullish.
Trade responsibly
EN Analysis 8/8/21Let’s take a look at EN. Price melted all last week, so I think it’s time for a correction back to the upside.
Price is currently in a downward channel, lets see if price can break through the channel and go up.
Trade responsibly
GBPUSD Analysis 8/8/21Let’s take a look at GU. Looking at the daily time frame, the price created a double top. What I want to see is for price retest 1.38000 and then continue downwards to price 1.36800. But, to be more conservative I will be watching price when it reaches each zone.
EURNZD, 4hr tf, bullish bat harmonic pattern plan
We're seeing EURNZD moving towards potential horizontal support at 1.6700.
This area has acted as support twice in the last 2 months.
Something interesting is EURNZD moving in a harmony and has been respecting several harmonic pattern movements.
I am planning on buying EURNZD when it touches 1.6700.
Buy EURNZD 1.6700
Stop loss 1.6650
Take profit 1.6930 (4.6R)
Use only 1-2% risk
Good luck
KEY forming zone of indecisionKEY forms zone of indecision which is highlighted by volumes at the zone of interest. Also RSI hanging around mark 50 and support at 0.0065 creates a possibility for KEY to break out of that zone and continue it's price growth. MACD gives a strong look of reaching it's downward peak and EWO doesn't even touch point zero. There is a lot of momentum waiting to show itself in that area. The main resistance level at 0.0075 should be broken with that price jump from this zone of indecision.
BNBUSD FORM A BEARISH SYMMETRICAL TRIANGLEEvery this is available in chart
1 - Always trail your stoploss
2 - do your own reasearch
3 - Increase quantity after breakout
4 - Thanking you
What do you know about Rising Wedges?Gold has broken the $1800 level and is now trading just above it.
This rising wedge occurred after a preceding downtrend which is going to act as a continuation of the preceding downtrend.
I would boldly state that the recent gains XAUUSD has been experiencing is a pullback to resume/continue the original downtrend.
If the high impact USD news (JOLTS JOB OPENINGS) being released is positive better than expected/positive, then my idea will be proved valid but until then, open sell limits with good risk & money management.
If you like this idea, leave a like, share your thoughts in the comment section and most of all, hording knowledge is bad, so share this idea with your fellow traders !.
Why is #MATIC not breaking free from #bitcoin?? considering the chart, the circled part was a false break-out which created SWING LOW from the Previous SWING HIGH, CORRECTION of 50% completed with a CONTINUATION which broke the 0.00% SUPPORT LEVEL of the Swing Low, a RETEST to the TRENDLINE now acting as a Resistance then a continuation which created he recent Bottom Valid Trend and an Asymmetric channel up. Price broke through the Major Resistance trendline an is currently creating a CONSOLIDATION at CROSS SECTION of TWO MAJOR TRENDLINE and a Minor Resistance Zone. A break above the Resistance Zone and the trendline acting as CURRENT RESISTANCE, gives us a valid LONG POSITION.
btc : it increases before unlock btc .i look btc rise up to price 40000$-47500$ before dump to 20000$-25000$ before grayscale will unlock 16,240 btc on 17th July .
don't believe me It's just a personal analysis.
thank you for reading my pov analysis .
if you like my analysis you can like, comment on any topic or donate to me for a coffee . hahahahaha
Anticipated BREAK OUT below the ZONE AREABefore I proceed with my view on this chart, I want to believe as a trader you already know the importance of 200 EMA acting as a Dynamic Resistance and Support, we have seen a break-out below the 200 EMA and a steady consolidation just above the SUPPORT ZONE AREA from January, a rejection at the Dynamic Resistance. We saw that price did range for some days before the BREAK-OUT to the Down-Side and a retest which created a Bearish Engulfing. At this point we are expecting a clear BREAK-OUT below the ZONE AREA and if that's achieved and a possibly we see a retest, a continuation will give a valid entry and a target at 19150.96.
NOTE: As a trader, by now you should already know that consolidation at SUPPORT or RESISTANCE AREA, a strong BREAK-OUT below or above gives a valid entry.
Analysis 6/6 Hello Trader's, first of all if you agree with this chart please give it a thumbs up and give me a follow for more charts in the future.
We are overall bullish on GJ right now. I do see a correction coming so I anticipate price falling to 154.500 or even 154.000 before continuing bullish. We haven’t yet completely broke through the weekly structure yet 155.500 we did fake out of it though.
***trade at your own risk***
Analysis 6/6 Hello Traders, first of all, if you agree with this chart please give it a thumbs up and give me a follow for more charts in the future.
This is my analysis of EURJPY. Waiting for price to retest 133.000 and continue up or breakthrough and retest price 132.500 and then continue up to next zone price 134.000
***trade at your own risk***
Check out my analysis for CADJPYPossible setups for next week. There could be a possible double bottom forming in the 1 Hr TF. Price has already respected price 90.500 and could respect it again.
Other possible scenario is that price can drop down to 90.000. It does seem like there was a head and shoulders pattern that formed this week.
Always remember to make time for backtesting. Its so crucial and very beneficial for your forex trading.
EURJPY Analysis 5/30Hello traders, this is my analysis of EURJPY. Price has continued to keep closing under price 134.000. Although, there is a potential fakeout from last week. Over bullish, but correction is needed.
Two scenarios.
1. Price can fall drown since it has been closing under price 134.000 and drop down to price 133.000
or
2. Price can just continue bullish to 134.400
Like if you agree with any scenario.
EURNZD Analysis 5/30 LongHello traders, this is my analysis of EURNZD. Price broke and is currently retesting price 1.68000. There are two possible scenarios. Price can retest 1.68000 and continue bullish or the price can break through 1.68000 and head downwards to price 1.67200 and retest from there and go upwards. Like if you agree. All feedback is appreciated.
