EURGBP - SHORT IDEA! BREAKOUT THEN RETEST!ok, hi traders! we're coming to a 4H support level on our 4H chart, however on the daily it's currently bearish and making it's way down towards that crucial daily support area/touching the trendline.
as you can see on my chart, i'm looking for that breakout + retest confirmation before any sells! the target I am looking to reach is a very strong 4H/DAILY zone that I would love to see A counter reversal!
all we can do is let's see what the wave shall be and let's surf it! good luck traders! manage risk accordingly!
thank you, comment and share knowledge with me!
Analaysis
Makerdao trent analysisWatching the trent from Makerdao indicates me the bodem is in.
It's time for this coin to move on if it want to remain bullisch on the long term.
The target for next few years will depent on the preformance, based on what i see now the higher high's will be made around the 10k next years.
If not this will become a very expensive bearish coin in my opinion.
It's not a mintable coin, so i expect atleast some preformance from makerdao in return. (My opinion).
Time will prove the truth...
Fri 5th Aug 2022 USD/JPY Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/JPY Buy. Enjoy the day all. Cheers. Jim
XAU/USD Case study/Sniper entry TYPEThe first thing we observe in the 1D timeframe is that the price respected the structure, I have been creating HH and LH in the 4H timeframe and in correlation with the others. Seeing the price correction, we see that it has broken the liquidity zone and filled part of the GAP of the last LH.
1º ENTRY In the first entry we break the LH and confirm our 30 min OB, which mitigates it perfectly
2º ENTRY Given the first confluence and bullish alignment of all the time frames, we open a trade below the liquidity zone, since that zone is a consolidation zone and the market tends to sweep in both directions to take out the market retailers. My point of interest is a 30 min OB.
The confluence I received for a possible trend reversal was the tap on my KEY LEVEL 1760.00. I expect a swing to the 1954.50 point, a total of 1650 pips in profit from our position.
US30 sellUS30 Selling at daily and weekly level to target nice risk reward.
Trade safe and mind your risk
Buy SHALPAINTSSafe Buy Shalimar Paints Above 133. One can even buy around 130 level.
There is a Small Resistance around 150-152 levels. However, journey towards 165 looks smooth in coming days.
T1: 163
T2: 189
Add more around 120-122 levels (on retracement)
SL: 109
Nice break with volume. Crossing resistance i.e above 133 will show good upmove. Looks good for mid-term.
#BreakoutStocks
SUN ForecastHi,
sun completed its triangle and moving out from it for breakout.
seems like very good move to earn aprx 100 % profit as per feb retracement.
targets have been marked accordingly.
this idea is for educational purpose only.
please feel free to write in comments to provide your valuable feedback.
good luck
USDJPY - Short1-1 Mentorships Available! (Limited Slots)
Analysis:
We can see price has been pushing to the upside for sometime and now formed a new level which is acting as resistance. Since then price has pushed to the downside, creating a new low and we are now anticipating a retest of our key level. If we get a solid retest, bearish continuation we will short this pair.
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