A CLEAR SELL SET UP ON CADJPYCADJPY is currently trending down ,it has bounced on the trend line two times, waiting for the third bounce on the trendline and possibly on the 200 Moving Average for a potential sell opportunity.
Forex market
GBPAUDThis is a trade for weeks or months. We are back to a very strong resistance zone that was last touched 5 years back. Daily looks to be forming a double top. We should wait for H4 support to be broken which is also the neckline of the double top.
GBPNZDPrice reached a strong resistance zone and seemed to have failed to go above it. Now we've got a geeky head and shoulder on the daily and h4 with neckline being broken. we wait and see a retest with bearish confirmations before shorting.
AUDUSD Short based on interest rates decision Australianas inflation slowing down,before next interest rates decision .Possible rates cuts
USA: Inflation up, FED no changes in interest rates,possible rate hikes
2 APPORACHES FOR TODAY;OR IF YOU WANNA WAIT ENTRY with more cautiios(Conservative entry)
Yellow zones are areas where we can cover more shorts
GBPJPY 15 min Long IdeaHello Friends,
GBPJPY has successfully grabbed the liquidity, and now its showing signs to go upwards after tapping into the demand zone.
Entry = 193.622
SL = 193.297
TP = 194.64
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Thanks
GBPJPY LONG CONCEPTYesterday's sell idea was based on what I shared yesterday. If you did not see it, kindly check it out, it'll expand your knowledge based on the factors that I shared.
Back into the uptrend concept,the current trend is an uptrend.
I'ma update once I see the buy trade.
Follow and boost the idea
BUY GBPJPY after UK Inflation data 200 EMA and Volume ClustersGBPJPY reversed after UK inflation data earlier , however it has retraced to significant 200 EMA level and areas of previous good volume / reversal points ( see chart )
Given also that :
200 Hourly EMA providing technical resistance
Running into a cluster of previous volume areas
Overall recent trend is still bullish
Despite the data this morning giving GBP a push lower , this move appears way too aggressive for the data and likely more position covering than fundamental given that :
Bank of England still expect inflation to peak at 3.75% in Q3
Energy , Tariffs and general uncertainty in the market
Some analysts still calling for 4% in April and May
Stop 192.85
Entry 193.80
Target 194.85
Good risk reward 1:1 good reversal probability given the above observations .
Possible retrace as US markets arrive but overall sentiment remains .
EURCHFThis is the second retest on the weekly support zone after 2 weeks. Now waiting for H1 to break resistance and possibly give a retest before moving up.
USDJPY Short (future trade!)This is reverse USDJPY trade....The oppositie of the long trade published.
For example today it is not a good time to short the dollar,as technically the price caught in the middle of the range.....Better we wait to reach the higher zone.IF PRICE COMES DOWN to the lower range,then we can plan the long tradefirst(See my USDJPY long apporach!)
NZDUSD Continues to Develop A Large Channel PatternNZDUSD Continues to Develop A Large Channel Pattern
NZDUSD began a bullish movement at the beginning of February and the price is in a bullish movement taking the shape of a large channel pattern.
Price is already near to a strong support zone and it can resume the bullish movement between 0.5720 - 0.5660 zone
Given that the price is also holding strong the chances are growing that it may rise again as shown on the chart
You may find more details in the chart!
Thank you and Good Luck!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY TIME TO GO BACK DOWN???Good area to SELL this again, as we can see we came to retest NECKLINE OF BROKEN H&S that happen on the 25/03/25
If this HOLD i can see bigger DOWNWARD move with UJ
if we hold this BROKEN NECKLINE, I will hold some position till the end of this week and see how low can we go (But as always i will take some profit along the way)
TP1 149.75
TP2 148.35
TP3 HOLD (I SEE LONG TERM AS LOW AS 140.81)
Let see what this beautiful WEDNESDAY brings
HAPPY TRADING
EURUSD printed a double top indicating bearish reversal!EUR/USD has formed a double top pattern and has broken below its neckline, indicating a potential bearish reversal. A strong pullback to the downside is likely. I am anticipating a liquidity grab above 1.08300 before seeking selling opportunities, targeting 1.07160, with an extended target at 1.06300.
How do you plan to trade EUR/USD? Share your thoughts in the comments below!
Short trade
1Hr TF overview
Pair EURUSD
Sellside trade
Tokyo to LND Session AM
Mon, 24th March 25
4.00 am (NY Time)
Entry 1.08514
Profit level 1.06839 (1.54%)
Stop level 1.08601(0.08%)
RR 19.25
Reason: Based on the supply-and-demand narrative, the 1Hr TF price had reached a pivotal supply level indicative of a sell-side trade idea.
gbpcad is falling According to ICT the gbp cad gonna fall at least to 1.82697 , here is short signal with take profit and stoploss -classic bearish formation-
A CLEAR BUY SET UP ON GBPUSDGBPUSD is currently trending up, it has matched the trend line the second time , patiently waiting for the bounce on the trend for the third time .
GBP/JPY🔹Symbol: GBP/JPY
🔹Price: 194.155
🔹Stop loss: 194.789
🔹Take profit 1: 193.584
🔹Take profit 2: 192.943
🔹Take profit 3: 192.169
Low risk : % 1 🟢
📊Check your chart before entering.
♦️Check before use to make sure there is no important news.
CAD/Singapore Dollar ShortSingapore:Asia´s Switzerland getting stronger on China´s boosting industry and strong copper
Canada weaker because of Trump´s tariffs and weaker economy
Rockets: Entries
Yellow zone is not stop zone.It is the zone where I sell more:i COVER MY SELLS in thise zone.
Your stop should be based on your risk management decision taking
GBAAUD has a buy opportunity at short term periodGBAAUD may have a short-term buy opportunity based on several factors:
estimated entry level: 2.038
target: at around 2.042 - 2.044
Technical Indicators: Positive chart patterns (like breakouts or bullish formations), and moving averages crossing could signal upward momentum.
Fundamentals: Positive earnings reports or key economic data releases could drive short-term growth. For a currency pair, central bank policies or interest rate changes are also important.
Market Sentiment: Positive investor sentiment, upcoming news, or geopolitical events could create buying pressure.
Volume Confirmation: Higher-than-average trading volume can indicate a strong trend, confirming the buy opportunity.
Volatility: Short-term price swings or expected volatility can offer profitable entry points.
In summary, if these factors align, GBAAUD could see potential growth in the short term.
AUDUSD Will Go Lower! Sell!
Here is our detailed technical review for AUDUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.631.
The above observations make me that the market will inevitably achieve 0.618 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Today TradeThe market seems to be ready for buyers, to be on a safer side i have added 3 TP for this trade.
CADCHF Will Go Up! Buy!
Take a look at our analysis for CADCHF.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.619.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.623 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
