ATOM/COSMOS........SHORT OPPORTUNTY.You can easily see that cosmos hits the support so.I am waiting for the short opportunity until and unless it breaks its support. BINANCE:ATOMUSDT
Blueberrymarkets
AUD-USD SHORT TERM SHORTLooks to sell off a bit after broken up trend line. Made good on buy yesterday london session and made good on sells on ny session. Looking for a sell continuation.
USD CAD LONDON SELL NY BUYUSD-CAD TREND ANALYSIS. Sell is setting up . Retrace to yellow support line with red Arrow. Then possible bullish up trend later NY session.
AUDCHF TRADE UPDATEIn this video, we take a look at AUDCHF and our current position.
We nearly got stopped but the price reversed from the key resistance and continued lower.
Now we are heading towards targets we need to look to manage the trade.
GBPUSD SOARS ABOVE 1.3000GBPUSD has recently broken through the key resistance of 1.3000. The GBP remains the strongest
currency and it really shows compared to the weak USD. If the price holds above this key level
we can anticipate further upside towards the next resistance of 1.3200. Look for long opportunities
from 1.3000.
EURUSD TO REACH 1.1200The recent USD breakdown could cause the price of the EURUSD to continue to the key
1.1200 resistance. We spoke recently of a long opportunity from the 1.1100 area in line
with our simple forex strategy. Now price is back at the resistance we need to wait for a
confirmed break above before looking for short-term long opportunities.
USD DROPPING...In this video update, we take a look at the USD and how the recent weakness is affecting
other markets. We also talk of using the strategy more recently on the Dow Jones and how it
would have played out in your trading.
USDCHF REJECTING KEY HIGHSThe USDCHF price continues to reject the key resistance zone and the parity level.
If the daily chart can form a bearish candle here we could look for short opportunities
to the range support. Alternatively look for a 4hr lower low, lower close candle
for short entries in line with our reversal strategy.
CHARTS TO WATCH FOR THE WEEK AHEADIn this video update, we take a look at some key charts to watch for the week ahead.
GOLD is our main priority for long opportunities as the seasonal pattern suggests which
could lead to more of a risk-off environment.
GBPUSD CONTINUATION MOVEGBPUSD could continue to move higher if the price retraces back to the 1.2900 support zone.
Looking at the 4hr timeframe the price has formed a new higher high suggesting the trend will
continue to move higher. If the price retraces look for a long opportunity on the hourly timeframe
if the price finds support and RSI goes into an oversold condition.
SIMPLE TRADING STRATEGY...EURUSD EXAMPLEIn this video, we take a look at a simple trading strategy that you can implement in your trading.
The strategy also points out a potential opportunity for EURUSD.
EURCAD TRADE UPDATEIn this video update, we take a look at our EURCAD position and how we are managing the trade.
CADJPY TO MOVE HIGHERCADJPY has recently re-tested the 50% fib of the recent weekly impulse and found support.
The Canadian dollar could gain strength after the recent Bank of Canada's decision to hold rates.
The price is currently forming a bullish breakout pattern and if the price re-tests the support we could
look for long opportunities.
USDCAD BREAKS 4HR TRENDLINEUSDCAD has broken through a 4hr trendline with the price likely to fall back into the
daily highs at 1.3250. If the 4hr closes bearish we could look for short opportunities
on the lower timeframes.
USDCHF AT KEY RESISTANCEUSDCHF price is currently back at the daily range highs where the price could find resistance.
Looking to the 4hr timeframe we can see the price forming a double top pattern and if the
price breaks through the lows of the pattern we expect to see a move lower.
CHARTS IN FOCUS In this video update, we take a quick look at what our bias is for the week ahead and where
we should be focusing some attention.
The AUDUSD is approaching the key current monthly lows and if the price breaks and closes
below we can look to continue to short the currency pair as the trade deal continues to break
down between the US and China.
Gold is dropping back into a key support area where we could see another impulse move from
the weekly timeframe.
CAN BITCOIN CLOSE ABOVE THE OCTOBER LOWSBitcoin has been dropping recently and the price has broken through the October low.
If the price closes below this low we would expect to see a further decline in the price
however, the price action could suggest the price is struggling to close below the lows.
The fakeout pattern forming could see buyers re-enter the market. If the market closes
above the October low look for long opportunities to the key resistance levels.
LOOK FOR BEARISH PRICE ACTION ON GBPUSD, PRICE AT 1.2900The GBPUSD price has retraced back to the key lows at 1.2900 where the price could find resistance.
Id the 4hr timeframe produces bearish price action here we could look for a short opportunity down to
the key support at 1.2800.
We must wait for bearish price action to line up with our bias if the price continues higher the trade
idea is invalid.
EURUSD REMAINS IN MONDAYS RANGEEURUSD has been working well within Mondays range with the price bouncing from Mondays
low earlier in the week and the price has recently just rejected the Mondays high.
This could provide a short opportunity back down to Mondays low.
USDCAD APPROACHING KEY RESISTANCEUSDCAD is approaching the key range highs where we could see the price find resistance.
Ideally, we would want to see the price reject the 1.3350 level and close below on the daily
the timeframe in order to look for short opportunities.
AUDCHF SHORT OPPORTUNITYAUDCHF has re-tested the key resistance level and formed a bearish rejection.
We could expect the downtrend to continue from here.
Short the 1hr candle with stops above the highs and targets of the weekly low.
NZDCAD 4HR TRENDIn this video update, we take a look at NZDCAD as the trend on the 4hr timeframe remains clear.
The monthly analysis suggests looking for long opportunities and the price is making its way up to the
key resistance.
If the price retraces to the recent breakout highs we will look for long opportunities.
CADJPY SHORTS ON RETRACEMENTSThe CADJPY price as recently broken through the Monday lows suggesting we could see further downside this week.
The Canadian dollar is getting weaker with the risk-off sentiment and the Yen is getting stronger making this an ideal
market to trade. Look for the pullback to the key moving averages and breakout lows for further short opportunities.
