EN- Possible sell on 4HREURNZD has been following channel of trend. of continued further might be a good swing trade.
4hr
UJ Analysis - looking for an entryhave been away for a while and not charted anything 'properly' and came across a descending and expanding triangle on UJ that sparked my interest. people say this is a reversal pattern and i wanted to log/see the context and other signals we could read at this stage.
the green 'up' arrows are generally the bullish signals, while the red 'down' arrows the more bearish ones.
I am considering to trade this two ways - one as a long around the bottom of the triangle, and a second - as a short - just above it.
Chances are i'll be stopped out of either or both, hence tight stoploss's are waranted and levels can be defined fairly easily
what do you think?
BTC 4hr 200sma FailBitcoin just logged its first candle below the 200sma since initially crossing above the 200sma in February. Watching for short-term support on this dip around the $7450 area, a move below that on volume would likely lead to more losses and a potential dip down to secondary support. Price is also trending below its short-term price averages after a recent diamond topping pattern that appeared at the end of the rising wedge. RSI and PPO are declining as well.
AUDUSD BUY AUDUSD buy set up -
Market currently on a down trend on a Daily and 4hr time frame. However on 4hr market shape has indicated a falling wedge.
Which is a sign of a potential reversal coming up. Looking at the market to break out from 4hr resistance trend line and to go up to Dialy resistance.
However if that fails the next reversal will be at daily support of 0.68300.
Blue - Daily
Black 4hr
HOT/BTC - Holochain (Potential Trade Setup)- Bear Trap just under the falling wedge support
- Rejected prices under 200 Day MA
- Good Volume Came in on Bull Break and retest to confirm support
Intermediate targets for me is 39-42 Sats, if that is broken the next level is around 50-52 Sats.
GBPJPY 4HScalping long position while the price is about to end the third impulsive wave we have two entry positions , the targets are as shown in the chart
AUDUSD 4H scalpingThe price is at the end of wave 3 we have two entry positions, the price most likely will fall to the 2nd buy zone and then will rally up, the targets are as shown in the chart and maybe a detailed targets next week .
GBPCAD Demand Level BUYSorry for the late publishing. I have to get back in the habit of doing these. I didn't think it would trigger so soon and, well, you know... Set and forget. This is a Demand Zone on the 4h chart.
XAUUSD - ready to bounce off again??Braking the symmetric triangle, gold tested 1303 level again down to 1294 level.
Is it time for gold to bounce off again? seems like might test 1311 level again??
NZDCHF BUYNZDCHF buy set up -
Buy from daily zone (blue) up to resistance trend line. Support trend line is currently favouring Daily zone in terms of entry. Going back in histroy Daily zone holds quite well with numerous touches making it a very good support area.
EUR/GBP look at 4 hrWatch for a potential correction and long opportunity off the 200 MA on 4 hr to break high of "A" potentially extending up into the zone (but not in a straight line of course). Refer to my daily swing pattern, as the short is my main idea...
EURJPY possible buy on 4hrHave been following trend-line structure for a while haven't break out. Has formed three drive pattern expecting to give buy opportunity with around 200-400 pips move.
As it is a cross pair have to look DXY,USDJPY and EURUSD for confirmations.
7th of may jpy/eur bearish setupJPY/EUR has hit weekly resistance zone (purple) and on the 4hr created new resistance zone (yellow).
CHFJPY BuyCHFJPY buy set up -
Market approaching 4hr support and also 4hr trend line. Looking at a buy from support to resistance trend line. However there's not much confirmation or not many reversals on support trend line so the market does have potential to break. But the support could help it out and start building the trend line up. If market breaks then next zone is daily.
7th of may nzd/chf bullish setupnzdchf has reached weekly zone (purple) and is in line with ascending trendline which has shown very big moves to the upside.
6th of May chf/eur bearish set up.If you saw my previous analysis of this pair, I went short on this from the recent rejection of weekly resistance (purple). Price has now come to support (purple) and has tested this 4hr area (yellow). Waiting on price to drive lower towards weekly support so I can go long but the setup at the moment is bearish.
short term bias of trade is bearish but long term bias is 100% bullish if price drives lower from 4hr resistance zone (yellow).
6th of May cad/jpy bullish set up.price has been bouncing off between daily resistance and suppoty zones (green). Price has come to support in hopes of rejecting that area.
5th of may chfusd bullish setup.chfusd is currently at weekly support zone (purple), waiting for price to reject and break out of 4hr box (yellow) to go long.
5th of may cadgbp bullish setupcadgbp is dipping into the weekly zone (purple) so I am waiting for it to reject area and shoot up.
