EUR/USD Trade IdeaHello and welcome to my Trade Idea of the currency pair EUR/USD.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a strong downtrend with nearly no pullbacks.
Weekly: The weekly candle from the penultimate week is very huge and closes under all lows.
Daily: We see on the daily timeframe a bearish trend with a pullback to the upside.
H4: On the h4 timeframe we see a bearish trendline and the market reacts beautifully to it. Also the market breaks the counter trendline.
Have a nice day.
Countertrendline
AUD/NZD Trade IdeaHello and welcome to my Trade Idea of the currency pair AUD/NZD.
Lets start with the Top Down Analysis.
Daily: The last daily candle from this week has already broken 2 lows and this is an initial confirmation of an bearish trend.
H4: The last h4 candles are bearish and that is crucial for an m15 push to the downside.
H1: On the h1 timeframe we see a bearish trend.
M15: Here we draw the counter trendline. We wait for a confirmed breakout and then a push to the downside.
Have a nice day.
LTC/USD Trade IdeaHello and welcome to my Trade Idea of the currency pair LTC/USD.
Let's start with the reasons why the chart is bearish for me:
Technical analysis: The trend is in a downtrend and now we see a upside pullback.
We can draw a counter trendline due to the pullback and wait for a confirmed breakout.
Timeframe: 30m
Direction: Short
Have a nice day.
LTC/USD Trade IdeaHello and welcome to my Trade Idea of the currency pair LTC/USD.
Let's start with the reasons why the chart is bearish for me:
Technical analysis: Fantastic reaction to the counter trendline and that until the resistance key level was touched.
After that the price breaks the counter trendline and now we expect a push to the lows.
Timeframe: 1h
Direction: Short
Have a nice day.
CAD/JPY Trade IdeaHello and welcome to my Trade Idea of the currency pair CAD/JPY.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is bearish.
Weekly: The weekly timeframe is also bearish and 5 weeks ago a very big bearish candle has closed.
Daily: On the daily timeframe we see a consolidation.
H4: We draw the counter trendline on the h4 timeframe and wait for a confirmed breakout.
Have a nice day.
GBP/USD Trade IdeaHello and welcome to my Trade Idea of the currency pair GBP/USD.
Lets start with the Top Down Analysis.
Monthly: We see on the monthly timeframe that the market is in a downtrend. The last month has a big filled candle.
Weekly: The weekly timeframe is very bearish.
Daily: On daily we see a pullback to the upside and this is a possibility for us to get back into the trend.
H4: Here we draw the counter trendline and expect a push to the lows.
Have a nice day.
GBP/CAD Trade IdeaHello and welcome to my Trade Idea of the currency pair GBP/CAD.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is bearish. In the last 3 months you could see 3 big filled candles.
Weekly: On weekly we see a very strong bearish trend.
Daily: On the daily timeframe we see a consolidation and a safely resistance area.
H4: We draw the counter trendline on the h4 timeframe and expect a push to the downside.
Have a nice day.
USD/JPY Trade IdeaHello and welcome to my Trade Idea of the currency pair USD/JPY.
Lets start with the Top Down Analysis.
Monthly: There's a huge bearish candle this month.
Weekly: The weekly timeframe is in a downtrend too. We see that the market has been reacting to a certain level over the last 4 weeks and is therefore withdraw again.
Daily: We see on the daily timeframe a consolidation and therefore possibilities for an entry are there.
H4: We draw on the h4 timeframe the strong resistance area and the counter trendline. We wait for a confirmed breakout.
Have a nice day.
EUR/JPY Trade IdeaHello and welcome to my Trade Idea of the currency pair EUR/JPY.
Lets start with the Top Down Analysis.
Monthly: Monthly is in a very strong downtrend.
Weekly: The weekly timeframe is bearish too.
Daily: On daily we see it's also bearish with nearly no pullbacks.
H4: On the h4 timeframe we draw the downside trendline and the counter trendline and expect that new lows will be made.
Have a nice day.
GBP/USD Trade IdeaHello and welcome to my Trade Idea of the currency pair GBP/USD.
Lets start with the Top Down Analysis.
Monthly: Monthly has big bearish candles in the past.
Weekly: Weekly is bearish too.
Daily: The daily timeframe shows a pullback to the upside.
H4: On the h4 timeframe we draw the downside trendline and the counter trendline. We wait for a confirmed breakout.
Have a nice day.
CAD/CHF Trade IdeaHello and welcome to my Trade Idea of the currency pair CAD/CHF.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe shows a ranging market but the huge bearish candles outweighs.
Weekly: Weekly is after the touch from the strong trendline bearish.
Daily: On the daily timeframe we see a consolidation.
H4: Here we draw the counter trendline and the powerful resistance area.
Have a nice day.
BTC/USD Trade IdeaHello and welcome to my Trade Idea of the currency pair BTC/USD.
Lets start with the Top Down Analysis.
Daily: The daily timeframe is bearish.
H4: We see on the h4 timeframe overall a downside trend with beautiful pullbacks to the upside.
H1: Here we see the upside pullback in more detail.
M15: On the m15 timeframe we draw the counter trendline and wait for a confirmed breakout.
Have a nice day.
EUR/NZD Trade IdeaHello and welcome to my Trade Idea of the currency pair EUR/NZD.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is overall bullish.
Weekly: In the last weeks were very big bullish candles.
Daily: On daily we see a upside trend with nearly no pullbacks.
H4: We draw the counter trendline on the h4 timeframe. We expect a push to the high.
Have a nice day.
EUR/CHF Trade IdeaHello and welcome to my Trade Idea of the currency pair EUR/CHF.
Lets start with the Top Down Analysis.
Monthly: The monthly view is bearish.
Weekly: The weekly timeframe is very powerful bearish.
Daily: Daily is bearish too and right now we see a little consolidation.
H4: On the h4 timeframe we draw the counter trendline as well the resistance area. We expect new lows.
Have a nice day.
EUR/AUD Trade IdeaHello and welcome to my Trade Idea of the currency pair EUR/AUD .
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a permanent uptrend.
Weekly: Weekly is bullish.
Daily: First of all we see a nice uptrend on daily. At the end of the trend, where we are now, a consolidation occur.
H4: On the h4 timeframe we draw the counter trendline as well the support and resistance areas.
Have a nice day.
GBP/CHF Trade IdeaHello and welcome to my Trade Idea of the currency pair GBP/CHF.
Let's start with the Top Down Analysis.
Monthly: Very strong bearish trend.
Weekly: We see on the weekly timeframe almost only bearish candles except one green candle.
Daily: The daily timeframe shows a pullback and therefore a possibility for a sell.
H4: On the h4 timeframe we draw a counter trendline and wait for a confirmed breakout.
Have a nice day.
EUR/USD Trade IdeaHello and welcome to my Trade Idea of the currency pair EUR/USD.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a beautiful downtrend.
Weekly: In the weekly timeframe we see nice bearish momentum in the last weeks.
Daily: On daily we see the bullish retrace better and draw the downtrend line.
H4: Here we draw the counter trendline and wait for a breakout to the downside.
Have a nice day.
AUD/USD Trade IdeaHello and welcome to my Trade Idea of the currency pair AUD/USD.
Lets start with the Top Down Analysis.
Weekly: The weekly timeframe is in a beautiful downtrend with a lot of lower lows (L.L).
Daily: On daily we see its bearish too.
H2: On the H2 timeframe we draw the counter trendline and wait for a confirmed breakout. We expect a push to the lows.
Have a nice day.
AUD/NZD Trade IdeaHello and welcome to my Trade Idea of the currency pair AUD/NZD.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a beautiful downtrend.
Weekly: Weekly is bearish too with a crazy bullish weekly candle this week, so next week a pullback is highly probable.
Daily: On the daily timeframe we see the bullish pullback in more detail.
H2: We draw the counter trendline and wait for a confirmed breakout.
Have a nice day.
EUR/JPY Trade IdeaHello and welcome to my Trade Idea of the currency pair EUR/JPY .
Let's start with the Top Down Analysis.
Weekly: The weekly timeframe is bearish with a huge bearish candle who has closed under the weekly support.
Daily: We see on the daily timeframe big bearish candles to sum up, the trend is bearish.
H4: The downtrend is clear to see with a little pullback to the upside.
H1: On the H1 timeframe we draw our counter trendline and have enough confirmations for a downtrend.
Have a nice day.
USD/CAD Trade IdeaHello and welcome to my Trade Idea of the currency pair USD/CAD.
Lets start with the Top Down Analysis.
Monthly: Monthly is bullish but due to the 2 huge bearish candles I am divided opinion. There was also a LH formed as well as a possible LL.
Weekly: On the weekly timeframe, we see because of the huge bearish candles that we are bearish. The price reacts perfect to the weekly RES and its possible that the price can't close above the resistance.
Daily: On daily we see a beautiful downtrend with a little bullish pullback and look for short entrys
H4: After the touch from the weekly RES we expect a push to the downside. As well we draw the counter trendline and wait for a confirmed breakout.
Have a nice day.