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14/06/22 UsdCad Analysis 4hUsdCad is creating a Peak Formation High, 3 swipes to the high on 1h creating Peak Formation structure, wait throughout the week for structure to confirm and price just surpasses 1.29000 and is still very Bullish, must also wait and see if price breaks the 1.29750. DXY is extremely Bullish on the D, DXY is the USD strength meaning any USDXXX pairs with be Bullish and any XXXUSD pairs will be Bearish. This pair's Bullish run is coming to an end this week, just have to wait and see what price does around the 1.29750 zone and the 1.30500 zone, only then will we be able to wait for confirmation.
Short
by LilRusty
EURJPY > A Simple Trend Continuation Setup.Analysis of #EURJPY Here we have a simple trend continuation setup, but a very beautiful one, and here is why. >> trend line support >> structure support zone >> 138.00 psychological number if the market comes to my support level I will wait for a double bottom inside my support zone and confirmation we held up 138.00 before entering a buy trade. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
12
EURAUD > A Beautiful Bearish Setup You Don't Want to Miss!!Analysis of #EURAUD EURAUD could test its resistance level soon where I have my FIB 141 and 161 lining up near the strong supply zone where the market previously dropped 400 pips. if the market comes inside my resistance zone I will drop a one-time frame to look for a sell entry if a bearish confirmation is valid. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
12
NZDUSD > Strong Place for A Buy Entry!Analysis of #NZDUSD Similar to my analysis of AUDUSD minutes ago, The Market here also might be coming to test its structural support level near 0.6220-0.6240 where the market witnessed huge demand and rallied big to the upside. if the market comes and tests its lows and provides me a reversal pattern inside the zone with confirmation then I will consider a buy trade with good risk to reward. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
by TheTradersAvenue
19
EURUSD > Best Two Levels for Sell Trade!!Analysis of #EURUSD The EURUSD will soon reach its resistance trend line near a strong key price of 1.08000. if the market tests my resistance level near 1.0800 and provided me a reversal pattern on the lower time frame I will then look for a sell entry. if not, I will then look for a sell near 1.0900 also a strong structure resistance level and a good level to strat look for shorts ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
12
EURUSD > What to Look for Before Selling?Analysis of #EURUSD the EURUSD is near its trend line resistance also 1.0800 key level we can expect the market to show some bearish action here but, I need to see to reversal pattern near the structure resistance level before considering sell entry. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
3
EURNZD > Impressive Triangle Pattern!!Analysis of #EURNZD A triangle pattern could break to the downside, we can wait for the market to break trend resistance then look for a retest with a confirmation before entry if the market breaks to the upside and closes above 1.6500 we can also look to get in abuy trade if the rules for entry are met. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
5
GBPYSD > Key Level for Short Entry!Analysis of #GBPYSD Similar to my EURUSD analysis a few moments ago, the GBPUSD is near its trend line resistance also 1.2600 critical resistance level, waiting for the market to test my resistance level, and look for a reversal pattern before entering a short trade ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
16
GBPCHF > Interesting Level to Start Looking for A Buy!!Analysis of #GBPCHF GBPCHF might be coming to test its structural support level near 1.200 which will represent an interesting level to start looking for a buy entry if the market provides a valid entry with reasonable risk to reward ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
3
GBPUSD > Watch out for This Beautiful Head Shoulders PatternAnalysis of #GBPUSD A beautiful head shoulders pattern might break neckline resistance soon to provide a reason to start looking for more shorts in this market. As always with head and shoulders, we wait for a break below close below before we start looking for a short entry. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
6
GBPJPY > The Best Place for A Sell.Analysis of #GBPJPY The GBPJPY here is near its structure resistance level looking left you can see the traffic area where the market surrendered at last and fell down sharply. I am looking for sell entry if the market pushes further to my structure resistance sone near 164.00, in fact, the market is for sell right here right now but the issue is the stop loss level will be very big. the best action is to wait for a further push to the upside to having a better reward to risk ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
4
EURAUD > Bullish Harmonic Bat Pattern!Analysis of #EURAUD bullish harmonic bat pattern near the strong demand zone might complete soon to provide a reason for a buy entry. Aggressive entry: limit order at D leg completion Conservative entry: reversal pattern inside the demand zone on the lower time frame ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
3
XAUUSD > Detailed Analysis and What to Look For!Analysis of #XAUUSD I got many requests to analyze Gold, thanks to everyone who messages. The gold market was in a downtrend which I warn about in my latest analysis for gold, now the market is in rotation mode, meaning it is not valid for sell as it broke previous lower highs and it is not in an uptrend as we still need a confirmation we have second higher lows and we can get that if market breaks and closes above 1870. we have 2 possible scenarios. the market breaks and closes above 1870 this will open the door to go to 1900-1910 next resistance. the market breaks down and closes below 1840 and this will resume the downtrend to retest the 1800-1790 support level ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
OANDA:XAUUSD
by TheTradersAvenue
13
USDCAD > Perfect Bullish Cypher Pattern.Analysis of #USDCAD The USDCAD might continue to the downside as Oil keeps on claiming, it is expected the CAD will gain more strength. you can see on the chart we have a beautiful bullish harmonic Cypher pattern that might complete the D leg completion near the 1.2600 number, however, if you choose to get in at the first entry you are going to have a big SL. my preference is to wait for the market to further down to my structure support zone near 1.2500 and watch market action inside the zone to see if we get a confirmation we are moving higher from the zone ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
12
Bullish Pennant on FKLI Bullish pennants are continuation chart patterns formed after strong moves and appear in a bullish market. Just like its name suggests, it signals that bulls (buy side) are about to go a-chargin’ again. Because of this, the price usually consolidates and forms a tiny symmetrical triangle, which is called a pennant. The sharp climb in price would resume after that brief period of consolidation when bulls gather enough energy to take the price higher again. outlook: the price will made another strong move upwards after the breakout. Entry order and position to take Long order (buy) above the pennant Profit target can be set above the breakout of the pennant based on the size of the first flagpole at the beginning of the formation. Protective Stop loss At the bottom of the pennant
MYX:FKLI1!Long
by SirPoji