TradingfortheFuture_

TradingfortheFuture_ Updated 

Is it time for EUR AUD to presume its downtrend? Months ago I had a couple of successful trades with this pair, until recently as the pair started making an uptrend. Seems like its time to continue to the downside. Market at Daily resistance zone, rejecting the zone on 1 hour timeframe with some wick rejections. RSI divergence at the zone. Retail sentiment strong...

TradingfortheFuture_ Updated 

USDCHF: Can we break above previous daily high? Whilst most retail traders are selling short, institutional investor are buying the dollar over swiss. Market in uptrend, according to tradingeconomics.com USD is better off fundamentally. Technical + fundamental is aligning. Bought at 29 August 2022, 0.5 Lots on break and retest of resistance and counter trend...

TradingfortheFuture_ Updated 

USDZAR intraday: Market in daily uptrend Retail traders selling short. Economic conditions better for USD Market structure bullish on 5 minute, finding support at bottom uptrendline and resistance at resistance trend line. Market in 1 Hour ABCD fibonacci sequence. Currently in fib retracement, retraced 50%. looking for bullish break above counter trend break at...

TradingfortheFuture_

Market has been in a downtrend last couple of months. We came to an area of support, where market acting as both support and resistance multiple times in the past. Need daily candle to close bullish (doji formation) as this will give an indication that buyers are willing to push price up. Daily down Fibonacci completed. On 1 hour timeframe I am waiting for the...

TradingfortheFuture_

Currently at low price. 1) Market can begin to react to this level and start new bullish trend. 2) Market can continue trading lower to fulfill Gartley extension at price 12968.94 and then begin bullish trend. my goal is wait and see with confirmation whether buyers will come into the market or if sellers will continue pushing price lower giving us a low price...

TradingfortheFuture_

Market is within a downtrend structure. Market reacting to resistance trendline making lower highs on the way down to lower trendline support. According to monthly TF market is bearish. According to daily TF we forming a new lower high with an ascending triangle on 1 Hour TF (bearish signal). Should market break bearish it will be a good time to enter short....

TradingfortheFuture_

The Dollar has been an absolute monster against the Japanese yen over the past 2 years. Could it be that we finally reached the top of dollar peak? At this time we cannot say which direction the dollar will really go. Its still shifting back and forth as buyers and sellers are not sure which direction to push the market. Daily divergences came into play on all...

TradingfortheFuture_

Daily Fib target 1.50535 about 872 pips from current level (20/06/2022). Working with future daily low at 1.55035 about 430 pips from current price. Market is in downtrend, broke monthly support and tested as resistance. Sellers showed sign of strength pushing price lower. We at resistance, will be selling counter trend break bearish for the next 430 pips as...

TradingfortheFuture_

Monthly Resistance Potential Double top on daily timeframe. Market pulled back 100%, our Fib target at 158.151 RSI divergence , waiting for sellers to take control, then entry of counter trend break bearish

TradingfortheFuture_ Updated 

Looks as if GJ could continue its bullish push. we are seeing a pullback before the bulls will potentially drive price up. Analysis: 1) Monthly timeframe broke down trend line with a retest and successful bullish run. April candle slightly concerning due to its doji like formation. 2) Daily timeframe at a low price, found support at previous resistance. One can...

TradingfortheFuture_

Market retraced to 86% Daily Fib level We are at 1 Hour resistance area RSI is diverging strong wick rejection showing selling power waiting on counter trend break bearish. Can expect the market to sell off strong and fast based on the pullback

TradingfortheFuture_

Downtrend structure Market pulled back to 50% Fib level (Daily Fib ext) Previous support now becomes resistance RSI Divergence within this zone Waiting on counter trendline break bearish before entering a sell

TradingfortheFuture_ Updated 

Bought on counter trend break bullish 24 March 2022, 10:00AM. Market initially moved up and came back to stop loss at break even.

TradingfortheFuture_ Updated 

Looks as if Nasdaq could be getting ready to explode to the upside. Waiting for daily counter trendline break bullish. Sellers appears to be loosing steam to push price further down causing the build-up. Daily wick rejections around price 11881. 1 Hour time frame ascending triangle formation (bullish structure) + divergence accuring at most recent lower...

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Potential selling opportunity on CJ. Market has been pretty much bullish since the break out of monthly down trend on April 2021. Analysis: 1) Monthly timeframe at known level of U-turn/ or historical resistance area. 2) Daily time frame at a high price and showing signs of weakness from the buyers side. We also have a break of the uptrendline suggesting the...

TradingfortheFuture_ Updated 

Not much to say here, AUDUSD has been in a downtrend for some time. I sold at counter trend break with minimum risk 0.1 Lots. Stop slightly above previous high with take profit 3x the risk. Lets see what happens.

TradingfortheFuture_ Updated 

Overall analysis indicates a bearish market. Wick rejection in red zone (resistance). Market pulled back to extension 38.20% 1.51981, I am waiting on a 1 Hour counter trendline break bearish for entry. RR = 1:3

TradingfortheFuture_ Updated 

"D" extension finally reached for AUD/USD giving birth to the new "A" "B" boundaries. The market has just recently formed the "C" pullback with a beautiful Doji on the 50% Fibonacci pullback. I still believe that this pair could continue bearish for the next few months based on the monthly time frame analysis. Looking at the daily time frame, the market already...