Norsefx

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USD/JPY 4H – Short Setup at Upper Trend Channel Projection USD/JPY is currently trading within a well-defined descending channel. Price is approaching the upper trend channel projection, a key area derived from parallel structure analysis. While this level has not been tested multiple times, it aligns with the broader bearish trend, making it a potential...

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USD/JPY Technical Analysis – Reaction at the Lower Trendline Analysis of USD/JPY, we can see a clear reaction from the upper trendline, which has been tested multiple times before the current price decline after the false break on january 25. By cloning this upper channel trendline and projecting it downward, I have identified a potential support level where the...

Norsefx

Bitcoin has shown signs of a potential reversal on the 4-hour timeframe after a sharp breakdown below support, which appears to be a classic liquidity grab or Turtle Soup setup. This move likely aimed to flush out weak hands before a possible bullish reversal. A key 4H candle, forming a doji/hammer pattern, signals that selling pressure may have been exhausted,...

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Price have broken out of a falling wedge pattern after a failed break to the downside during fridays NY session. Order is placed on the 61.8% retracement of this impulse leg with a SL below fridays low. The area we are bouncing from is also the daily Ema 50 for Oil so that is a nice little confluence to help me put the odds in my favor.

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Usd/Jpy - 2H Chart. Price have been bearish since we saw a false break on the 10th of January this year. Price as of writing this is down -1.85% and the orderflow so far has been dominated with selling pressure. Price have also had 6 touches to the upper trendline and i think a move down to the projected lower channel trendline could occur. That is the target...

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Price is printing a high timeframe trendline touch today ( 22.1.25 ) Price on the lower timefram have been trading in a rising channel since december 30th. Price have broken out from the lower timefram channel now into a 3rd touch of a higher timeframe trendline. If price now falls into the lower timeframe channel i will use that as validation for this...

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This is an update to my previous post about Doge. Last analysis was a bullish triangle play, the analysis has now been changed alongside my view on this coin. Price have printed a turtle soup at the recent high after a good run to the upside. Price have broken out of the pattern and now retested. I am now short based on the retest with a SL of 0.4360 I am now...

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Dogecoin is now consolidating after breaking out of a channel in early november. Alert is set for the upper trendline on Doge and i am planning to trade a retest of the pattern is that occurs. Price is now over the halfway mark of this pattern, and these patterns tend to break out around 70% completion. I like the idea of a "christmas rally" in this coin before christmas.

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Price have broken out and printed a new 16 year high before falling back down and printing a lower low on the 1H timeframe. I am watching to see if price respects the lower trendline for a potential reversal trade targeting June lows. JPY got a rate decision during the Asian session so that could be the catalyst for a move lower if that is where the market is...

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Price have taken out key SR and reacted from it. 4H Chart printed a hammer candle, minor market structure shift on the lower timeframe. Entry will be at the 1H OB / 61.8% retracement. TS printed on tuesday and could potentially be a low of week print.

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Price have taken out the 165$ support from october 2023. Price is reacting bullish so far with a lower timeframe breakout from a sideways channel. Risk is 0.25% since i cant risk beeing involved in a oversized gap down due to FTMO daily drawdown rule. Tradeplan: If price starts a new uptrend. I will use ongoing technical analysis to buy more IF i am correct...

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This is a continuation of my last trade on Aud/Jpy. Price have broken out of the trendline and is now closing in on it for a potential retest. Price also has the Ema 50 4H helping with confluence along with the overall high timeframe trend. I am waiting for a touch and confirmation on my idea. Tradeplan: Wait for touch. Wait for lower timeframe confluence. SL:...

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BOJ Raised rates first time in 17 years today. I expect that the JPY will set a new long term trend based on this. And i will do what i can to take advantage of such a oppurtunity. Right now price is at a higher timeframe trendline and i am now short based on that alone. If price breaks to the upside from this level i will use the same trendline or Ema 50 1H to...

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Price kissed Ema 50 during the london session and printed a turtle soup pattern when it took out previous week low in the same move. Tradeplan: Buy when price touches Ema 50. SL: 20 pips TP: 40pip - Todays high

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Thesis: Price is coming from a daily liquidity grab or HTF turtle soup pattern. Price is now hitting Ema 50 on the daily TF. Confluence: HTF Trend Ema 50 Daily Fib zone Playing this setup with a tight SL since HTF hits can offer a favorable precision when this strategy gets deployed.

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NFP strategy. 61.8% of NFP leg. Risk: 2% - if it fails then my clipsize is empty.

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Orderblock / Ict style trade. Notes on chart. 2% Risk

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61.8% Old SR 4H EMA 3 Confluences points. Order in at 61.8% ( not filled ) SL above 10.60 Target: Lower parallel channel projection.