Nasdaq is initially a buying market, H4 timeframe going-down has a pattern-within-a-pattern which is pushing to the downside - possibly making that pattern invalid testing the circled area at price 12375.5 which is a never-properly retested price zone. 13281.2 is our resistence level of which the market hasn't really been up there, also our tp from our entry. #FxHyenas
Investment strategy is on "neutral" due to the fact that this could either sell a bit then buy, or it could potentially go to the upside before going to the downside but I believe (with technical analysis) that if it triggers the short position before the long then the long position remains invalid. The initial aim is to wait for the short position to trigger...
Evening FX Traders & Analysts, it's been a while. As we can see, UJ has a popular chart pattern formed; an Ascending Triangle.. & it's in an uptrend of the pair, can't be shorting a buying market now can we.. embark with us this coming week on the journey to long USDJPY. Plan the trade; trade the plan. FxHyenas - Patience. Consistency.
Prices went back to initial H4 support.. Buy USDCAD & H4 has a high that was never tested #FxHyenas
Fellow traders.. As you can see this analysis is related to my previous SXP analysis (which I suggest all profits to be taken or trailed, should this analysis succeed or fail) & for some reason, my sentiment is telling me that SXP will buy again since it created another new high. As we all know that knew highs mean...? Google that;).. Happy trading week ahead. #FxHyenas
As we can see previously that Gold has been in a Bullish moment for quite some time & it’s getting tired & also all the investors news that they’re pulling out from Gold & that sellers are in high hopes but I believe otherwise. This idea is related to my previous “Possible Long Gold” idea. Please expand chart & visit previous setup in comparison with this. I say...
It’s been quite a while. Maybe a way to start a year.. maybe! Let’s see what we can get out of this.. happy new year, traders. Let’s go!! #FxHyenas
Considering how Gold has lost its shine; it could be time for the Bulls to take over the market to give it a little polishing for it to shine again. Let’s see how this analysis turns out. #FxHyenas
PATIEINCE will play a major role for this pair as we wait for the Bulls to take control of the market, it can never fall forever! #FxHyenas
CHFJPY was in an uptrend but it couldn't continue Bullish for some reason price action brought it down to 122.365 level of reaction & prices couldn't/haven't traded below/exactly on that level making it a level of relevance but also looking at the 121.974 Higher Low which is, in my opinion, the perfect level to take a Long position trade on the pair - one could...
It's no secret that Nasdaq has been in a Bullish direction for quite a long time but levels were created & it seemed to be in a ranging market for a little while & broke the 16400.4 level but came back into that level again making it a ranging market between 16400.4 & of course 15909.4 relevant again; the most significant level of the previous uptrend (15909.4)....
The market can't forever make a Long move, what goes up comes down eventually.. D1 timeframe; prices are rejecting Bullish direction. set sell limit with tightly managed SL in case of instrument manipulation or enter manually where indicated. In a rush? find something else to trade. it might trigger next week since the precious metals market closes in a few hours.
As we can clearly see the trend has been trending downward, patience is being tested. HOW PATIENT ARE YOU, TRADER??? Let's go Bearish with it. alternatively, sell at first bearish trendline touch
As we can see, price created H4 support & respected it multiple times & is continuing bullish direction from plus-minus 10 days go which came down drastically taking out traders who bought high thinking it’s ought to continue to 59429.00 W1 resistance. Buy & hold till tp &/ to W1 resistance
Price has to rest structural support before continuing bulling direction. A little patience is required. As ever, it’s just about the manipulation of hopes & fears of retailers by the institutional traders. It’s been a while. Let’s go!!
Gold is taking a breather after recovering from the Bears, the direction is overall Bullish now but as always it is giving others a chance to continue with it & the foolish to go against it. High probability entry zones have been marked accordingly & risk management should ALWAYS be prioritised by the trader. It's now just above the descending channel for...
Fellow traders, as we can clearly see that the Bears have been in control for quite a while.. It is time for the Bulls to step in now, the path is obviously theoretical & it might go exactly like that & again it might not. Buying the pair when the market opens would be a foolish idea. The D1 chart shows it clearly that it is now going for its support & looking for...
Bullish momentum is losing momentum.. The quasimodo is kicking in & indicating to traders for the trend change.. it signaled long ago but I seemed to have missed it. I call dibs on blue.. RISK MANAGMENT.