USD/CAD: Liquidation zone to sellUSD could to forming this market structure to note it. In case, we would make to sell U.S. Dollar against Canadian Dollar. But maybe, I expect that USD make a little up movement to $1.2843 CAD, also I put an alarm on $1.2840 CAD to being informed that USDCAD up, and then, we would need to hope a bearish candlestick group of confirmation to sell and entry in short in this trade
For reference: We have 2 news in USA about:
1) Consumer Price Index; measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.
2) Initial Jobless Claims: measures the number of individuals who filed for unemployment insurance for the first time during the past week
But I hope a bad news about more in the Consumer Price Index as inflation take bad expectative in America.
Good luck in this trade.
Bearishsetup
EUR/GBP:Wait for the next trade!!!
In case that EUR/GBP forming a consolidation patter like triangle symetric or any chartist pattern, this it's a signal of liquidation and the key point its's above of 0.8402 GBP to watch out.
The Daily candlestick closed up with a wick and body of indecision market, And we would need to wait. But a possible signal could to find up in the next up.
We still monitoring Euro/Great Britain Pound to trade in short or long. But wait!!!
GBP/JPY: Short PosiitonGreat Britain Pound show right now sell inminent of this downtrend continuation against Yen Japanese to trade Forex
This it's the Daily chart and it's look bearish and Pound could to hit down to $149.46 JPY.
This it's the market structure, but in case that Pound make a pull back to $152.70 JPY approx. This zone it's another opportuity to sell in case that we fall this trade.
Now, in H1 I see this price action and Pound forming a bearish hammer, an indication to sell.
So guys, in our economic calendar there're nothing for tomorrow to still pending the pause of the market when that pass, but we hope to read everyday in our Forex news to know what happen in the world, specially in this conflicts of war between Ukraine and Russia.
ETH/USD: Short Posiiton confirmed!!!In this update from H4 timeframe, Ethereum it's ready to drop their value. So guys, as we forming this bearish rising wedge in the past days, I hope that Ethereum continue toward a crash to $1,953 USD
So, in Daily timeframe we forming this symetric triangle in formation and I believe that Ethereum it's ready to the another crash as I saw in the price of $1,953 USD
But, I put a sell order limit at $2,622 USD and my SL to$2,711 USD. And my target will be around $2,420 USD. And this it's a risk/benefit 1:2. It's a good proportion to get profit. Now, if you want to extend your target toward $2,300 USD. You can to do it and this will be a risk/benefit 1:3, and it's a good proportion to get profit.
S&P 500: This could to send stock market to the another crashS&P 500 it's in the bearish movement that could to crash to 4,090 points or around 6% of depreciation of value. So, I don't convinced that this will make a key support as we're in times of war and the things has becoming worse for the stock market. But if you want to short S&P 500, noticed that you can to trade it.
But, I don't trade stock market as i trade more Forex and cryptocurrencies. But I know very well what happen in this situation in our stock market and how this affect this trouble of uncertainty.
Guys, I hope this idea support you very well and get an undertood of how the financial market work But, definitely, I see a crash and I don't convinced in that stock will climb up.
ADA/USD: Cardano toward $0.63 centsI will put a sell order limit at $0.91 cents in Daily timeframe as I believe that cryptocurrency will going to the bearish movement
My SL will be around $1.04 USD.
Guys, take your own risk management if you want to trade in short ADA, don't over leveraged to prevent to burn your trading account.
Good luck!!! This trade could to take several days until hit $0.63 cents.
ADA/USD: Cardano entry in this point of bear marketIn this analysis that I do. Based in my own perspective. Cardano entry in the possible crash that would carry to the bear market for this cryptocurrency.
First, I very interesting to look that we following this downtrend in Daily timeframe.
And in this screenshot, I see that Cardano made this pull back, but from this point, I see a different perspective that Cardano it's in serious trouble to recover above of $1 dollar and the price it's still around $0.84 cents. So guys, I planning to short Cardano around $0.88 cents that I add a sell order limit at that price with my SL at $0.97 cents and my own target will be $0.57 cents. So I trade by Daily timeframe because I discover that this will be a excellent opportunity for who want to short cryptocurrency and following the trend.
But I'm very sure that Cardano going to the bear market
ETH/USD: Bearish Rising WedgeEthereum formed this bearish rising wedge in H4 timeframe. Only, we need a pull back around $2,700 USD and wait to the next trade to entry in Ethereum
And also as update, as we completing this symetric triangle 100%, we hope that Ethereum crash around $2,000 USD per coin in the next days.
I hope that this idea will support you!!!
TSLA: Tesla going to the bearish movement to $616 USDIf you trade stock market. I have my perspective that Tesla it's going to the bearish movement that could to hit $616 USD in medium term as this situation got worse the situation of the global stocks market.
This it's my weekly timeframe, now if you want to short Tesla, remember the key zone it's around $616 USD.
This it's just my idea. But I'm a people that I don't trade stock market, I trade Forex, cryptocurrencies, Gold and Oil. But more common I trade a lot Forex and cryptocurrencies.
ETH/USD: Bearish continuationEthereum it's moving in the downtrend and it's leading to the $2,360 USD approx.
As Ethereum forming a bearish channel, but broke down, my analysis fall. But that it's my update today and I'm bearish in Ethereum
This it's what I have like forecast a possible crash toward $1,800 USD. This could to put Ethereum in the deep bearish movement
Now, I found out a trade in H1 timeframe. As I use Fibonacci to identify the trend. So, I find up a good entry to short Ethereum toward $2,360 USD. My SL will be around $2,745 USD.
ETH/USD: Elliot Wave Analysis IIIn this 2nd section, I enfocous to talk about in weekly timeframe and to recall. this it's a study of Elliot Wave Analysis to know what happen in the macrotrend.
We forming in this range 2 times of ABC patten. And that point it's consolidation of the market. So, we would need to know if this zone it's distribution that we could to begin the bear market if Ethereum doesn't support above $1,800 USD. At the moment, what I know it's that Ethereum it's leading to the $1,800 USD price, in that weekly demand zone. And more interesting it's that in the RSI we forming a bearish divergence as the buying force it's weakness in this bullish trend.
BTC/USD: Elliot Wave AnalysisUsing the Elliot Wave Analysis for this study. We could to look that Bitcoin can to end this bull rally around of the higher price $68,000 USD approx. But the trend it's very clearfully that we finish with the phase #5 of the Elliot Wave. Right now, we could to entry in the possible ABC correction in this longterm chart. But I can't to predict where Bitcoin will make th stop of the new lower price. But I can to show you this example and model that can to support for everyone. Also, it's very important to understand what phase we are in the market. But in another special analysis, I can to make how to identify a bear market vs. bull market using it to make a precise analysis in your way.
LTC/USD: Bearish Rising WedgeIn this update, I see that Litecoin show up a weakness of the price and don't made the pull back as I look more up a double top. But following the trend, it's bearish. But yesterday, I saw that Litecoin forming a bullish divergence but the price action fall. So, bears are continue dominate the market.
This it's the H4 timeframe and it's look bearish.
I'm in short in Litecoin from 124 USD approx and my SL at 130 AND MY TARGET 100
ADA/USD: Cardano into this downsideIn this trade, Cardano it's moving to the downside in H1 timeframe to following the sell.
You can to look in H4 becuase it's bearish. But now, we would need to hope a confirmation in the next few hours to know the result of the next candlestick in developing.
Good luck in this short position!!!
ETH/USD: Possible short in EthereumEthereum forming a bearish divergence making a higher low inthe RSI and higher high in price action. But also, Ethereum it's moving into his side but as weakness of the trend. So, I will hope that Ethereum break this structure as I indicate in this blue arrow model that I predict a drop to $2,800 USD. in that point it's important, but in case that Ethereum crash more, so the price could to hit $2,600 USD and also the previously level around $2,300 USD approx.
Ethereum price it's around $3,100 USD approx.
So, I hope that Ethereum make a drop and also, an alarm could be a good when Ethereum hit $3,040 USD. if Etherum hit $3,040 USD. An alamr will sound up and the next step it's hope a pull back around of $3,090 USD to entry in short position.
Just wait!!!
BTC/USD: My possible next movement This it's just my idea, but as today, Federal Reserve want to tightening their monetary policy in U.S. economy, as also, FED could to start the process of rates
The Consumer Price Index print may offer new indications about the pace of the Federal Reserve's monetary tightening, and investors are bracing for higher-than expected numbers that would signal more aggressive rate hikes.
As yesterday, I post this sentence to share with my followers in Twitter that I believe that FED could to offer a new tracks that it's signal U.S. economy could to entry in the strengthen and recover in the market. That could to affect the rest of financial market and deep impact of this news.
So, technically, Bitcoin climb to up in the past days, but right now, we forming 2 doji of indecision and we coudl to forming an imbalance in that higher zone, if Bitcoin closed up with another weakness of Doji, so, Bitcoin could to drop to $40,700 USD. But in that point, we could to look if Bitcoin forming a possible Shoulder Head Shoulder or will continue drop in based the news that come from Forex market, but more influenced in the U.S. Dollar.
BTC/USD: Supply zone; sellBitcoin fomring in H4 timeframe a bearish channel flag. But, I note that Bitcoin hit a supply zone between $37,500 and $38,000 USD approx.
Bears are taking the control in this downtrend.
Also, I share in my H1 timeframe where I found out a bearish armonic pattern called BAT. The measure are setup in my Fibonacci for Armonics that I have personal. But that it's sell in H4 and H1 it's becoming more bearish. Now, in Daily timeframe, it's important to analyze it when the candlestick closed up today.
I'm in short position from $37,500 USD approx. My SL at $39,200 USD. And my target toward 32k.
BTC/USD: bearish flagBitcoin make a bullish divergence in the RSI and price action and we have a 10% up of the price. But, I don' master the divergences, it's another theme that I interesting to learn more and practice identify and becoming a master of divergences.
But, right now, Bitcoin forming this bearish flag and I look a bearish hammer, and that it's when the price reach a higher in the day and bears are entry with signal to sell Bitcoin following the downtrend.
Ok, I put a sell order limit in the $37,600 USD, my SL at $39,995 USD and my target around $32k