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Breakdown

GBPAUD | perspective for the new weekDespite the popular perspective that the Pound might be extending its downturn, we can not ignore the possibility of a bullish momentum considering the double rejection of the 1.72 area in the space of 3 weeks by the buyers. So, in this video, I explained in detail what our expectations could be going into the new week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
Is Breakdown ahead? DOW 30 "DJI"This Analysis of DJ:DJI is not a trade recommendation, this study is purely for education purpose only, Do your own Study and Research before getting into any trades. On analyzing the daily chart of DJ:DJI it is observed that whenever a Head & Shoulder pattern was formed, index gone through a breakdown most of the time. This time also the pattern it forming is somewhat like a Head & Shoulder Pattern. So what will happen next will be much interesting to observe. Is a breakdown ahead? or not ? Will history be repeated ? or not ? Lets wait and watch...
DJ:DJI
by Abhi_The_Chart_Reader
BTC: BEAR TRAP??Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC analysis. BTC did a nasty sell-off and dumped hard. I'm expecting a bounce from $37k but it didn't happen that's why my previous chart is invalidated. Now, BTC breaks below the bear flag in the daily time frame. So if this pattern going to be played out perfectly then we have seen a 50% more drop from here according to this pattern. But as you know the market is not going according to chart patterns these days. Recently we have seen a clear breakout of the falling wedge and what happens after that you all know. So I'm expecting here that Market makers trap everyone in this range and a sudden pump comes anytime soon. Invalidation level:- If BTC daily closes below $32,800 then this analysis becomes invalidated. What do you think about this? Do you also think this is a bear trap or do you think that we are heading towards $20k? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
14
GBPJPY | New perspectiveWith a bullish momentum on this pair; I am looking forward to taking advantage of a potential counter-trend opportunity in the form of a retracement phase for the Pound with a take profit target at retracement into the golden zone on the daily time frame. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
GBPUSD | Live position review | Follow-up detailsWith over 180 pips profit (3 positions) since the last publication of this pair (see link below for reference purposes); An ambiguous scenario we have here as participants appear to have fallen into an indecision phase right under the 1.259 area (which is serving as our key level at this juncture in the market) - forming a pennant (trend continuation) structure. However, a breakout of the bearish trendline (identified in the 1H timeframe) and key level might incite the beginning of a retracement wave into the golden zone identified in the video. Let's keep our fingers crossed and watch what happens in the next couple of hours! Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
6
AUDJPY | New perspectiveDespite the obvious that the AUDJPY remains on the front foot around 92.55, extending the two-day uptrend; I am of the opinion that the current structure might incite a short term bearish move soon. Why? If we closely into the structure on the daily time frame, we will notice a reversal structure evolving since the price tested 95.5 area. The appearance of a lower high on the daily timeframe and multiple rejections of 92.5 level is tending toward a bearish bias. Let's see what happens in the next couple of hours! Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
USDT.D BREAK DOWN! BULLISH FOR BTC AND ALTS!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this USDT DOMINANCE update. USDT.D looks bearish here. USDT Dominance is breaking down from the rising wedge-like structure. Looks like it is ready to fall from here. As you know USDT Dominance is inversely proportional to the BTC. So if USDT.D falls so we can expect a rise in the price of BTC. I'm expecting a good positive rally in the market for the next two weeks. BTC chart (Posted earlier) also indicates the same thing. If you did not read that update then check it out (Link given below). What do you think about this? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
CRYPTOCAP:USDT.DShort
by CoreCrypto1
EURCAD | NEw perspectiveConsidering the long term bearish momentum coupled with a reversal set-up on the 1H time frame; It is advisable that we look out for selling opportunities at this juncture in the market. So with a key level identified at 1.355, we shall be using this level as a yardstick for our position. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
GBPCAD | New perspectiveThe reversal structure identified on the 1H time frame is probably going to incite a retracement of the Impulse leg after which a trend continuation might begin. NB: It is pertinent that we remain conscious as a breakout of 1.495 could encourage a bullish momentum Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
EURAUD | New perspective (counter trend opportunity)The reversal structure identified on the 1H time frame is probably going to incite a retracement of the Impulse leg after which a trend continuation might begin. NB: It is pertinent that we remain conscious as a breakout of 1.495 could encourage a bullish momentum Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
GBPUSD | New perspectiveConsidering the long-term bearish momentum on the GBPUSD and the supply zone identified around 1.259; I am of the opinion that we might be bearish in the meantime unless a break above the supply zone happens. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
2
XAUUSD | New perspective Following a sharp decline since mid-April 2022, the Gold prices rallied 1% on Friday on the back of a retreat in the dollar, but the yellow metal was set to end the month lower on bets of aggressive policy tightening by the U.S. Federal Reserve. In this regard, I am having two possibilities of a counter-trend and trend continuation set-up which are duly explained in detail in this video. However, market open will determine what option we will be leaning on as I shall do an update in the comment section of my tradingview account when confirmations arise. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
OANDA:XAUUSDLong
by darcsherry
2