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Ezeepips

GBP/JPY October Strategy: Bearish Reversal Confirmed with TDI GBP/JPY October Market Analysis and Trading Outlook The GBP/JPY monthly structure for October presents an open high-low-close pattern, signaling a potential sell setup. This bearish outlook has been confirmed by the TDI (Traders Dynamic Index) cross, indicating that it is now appropriate to consider sell entries. Key Technical Highlights: 1. Daily Timeframe Open High Structure: On the daily chart, the price action for the month of October has established an open-high structure, which is often a precursor to a shift in momentum, supporting a bearish setup. 2. Consolidation and 'M' Pattern Formation: The price has been ranging at the highs, creating a period of consolidation. This consolidation resembles an 'M' pattern, a classic reversal formation seen at market exhaustion points. This pattern is significant as it suggests a potential reversal from the current high, reinforcing the bearish outlook. 3. Bearish TDI Cross Confirmation: A bearish TDI cross has occurred, signaling the presence of sellers in the market. This cross is a crucial technical indicator that validates the entry for sell positions. Take Profit Levels: - Take Profit 1: 193.000 - Take Profit 2: 192.000 Trading Advice: Although the bearish TDI cross has provided confirmation, it is important to remain patient and ensure that other market conditions align with this setup. Always wait for valid signals and maintain proper risk management when executing trades. If you find this analysis helpful, please like, comment, and follow for more updates. I’ll be sure to follow back. Best of luck with your trading endeavors! ---
Short
by ezeepips
CAD/JPY October Setup: Bearish Divergence Confirmed with TDI CAD/JPY October Market Structure and Trading Analysis In the month of October, the CAD/JPY pair is exhibiting a classic open high-low-close structure, indicating a potential sell setup. This bearish outlook has now been confirmed with a TDI (Traders Dynamic Index) cross, signaling the appropriate time to consider sell entries. Key Technical Highlights: 1. Bearish Divergence: A significant bearish divergence has been present since July 19, 2024, continuing to the current market price. This divergence suggests weakening bullish momentum and a likely shift towards a downward trend. 2. Open High Structure on Daily Timeframe: The daily chart for October reflects an open high structure, which is a strong indication of a bearish trend for the remainder of the month. 3. Overbought Conditions: Following a bullish breakout that began on October 1, 2024, the market had reached overbought levels, creating a favorable scenario for a reversal. 4. Confirmed Bearish TDI Cross: As of October 10, a bearish TDI cross has occurred, confirming the presence of sellers in the market. This cross is a key technical indicator, signaling that sell positions are now supported by market conditions. **Take Profit Targets:** - **Take Profit 1:** 107.250 - **Take Profit 2:** 106.500 Trading Recommendations: Even though we have the confirmation from the TDI cross, it is essential to remain cautious and ensure that valid signals continue to align with the overall market conditions. Always apply risk management strategies to safeguard your capital while trading. If this analysis has been useful, please feel free to like, comment, and follow for more updates. I’ll be sure to follow back. Best of luck with your trades! ---
Short
by ezeepips
1
CHF/JPY October Forecast: Bearish Divergence and Key Sell Setup CHF/JPY October Market Structure and Trading Analysis In the CHF/JPY pair, the October monthly structure reveals an open high-low-close pattern, which points towards a potential sell setup. As of now, we are awaiting confirmation through a TDI (Traders Dynamic Index) cross to validate entry points for sell trades. Key Technical Highlights: 1. Bearish Divergence: A clear bearish divergence has been forming since July 19, 2024 , extending to the current market price. This divergence signals a potential shift in market sentiment, suggesting a downward move may be imminent. 2. Open High Structure on Daily Chart: The daily timeframe for October continues to display an open-high structure, reinforcing the bearish outlook for the month. 3. Overbought Market Conditions: The price is showing signs of being significantly overbought following a strong bullish breakout from October 1, 2024. This overbought condition makes the pair vulnerable to a correction, further strengthening the sell setup. 4. TDI Cross for Confirmation: A bearish cross in the TDI indicator will provide confirmation of the presence of sellers in the market. This signal is crucial before initiating sell positions. Take Profit Levels: - Take Profit 1: 172.000 - Take Profit 2: 170.750 - Take Profit 3: 170.000 Trading Recommendations: Patience is key—wait for clear, valid signals such as the TDI cross to confirm entry points. As always, exercise caution and apply proper risk management when trading to protect your capital. If you find this analysis insightful, please like, leave a comment, and follow for more updates. I will happily follow back. Good luck with your trades! ---
Short
by ezeepips
1
EUR/JPY October Market Outlook: Bearish Setup with Key Sell Sign EUR/JPY October Market Structure and Trading Insights The monthly structure for EUR/JPY in October shows an open high-low-close pattern, which is indicative of a potential sell setup. However, we are currently waiting for confirmation in the form of a TDI (Traders Dynamic Index) cross, which will signal when to enter sell positions. Key Points to Note: 1. Bearish Divergence: From August 16, 2024, through the current market high, we observe a clear bearish divergence. This is often a precursor to downward movement and strengthens the case for a sell setup. 2. Daily Timeframe Open High Structure: The daily chart for October reflects an open-high structure, reinforcing the bearish outlook for the month. 3. Overbought Market Conditions: Since the bullish breakout on October 1, 2024, the price has been in an overbought zone. This suggests that a reversal is likely as the market corrects from these elevated levels. 4. Double Top ('M') Pattern: There is a visible double top pattern, also known as an 'M' pattern, on the daily chart. The second leg of this 'M' pattern looks particularly strong, further signaling a potential bearish move. 5. TDI Cross as Confirmation: A bearish TDI cross will serve as a confirmation of the presence of sellers. This signal is essential to validate the entry for sell trades. Take Profit Levels: - Take Profit 1: 161.600 - Take Profit 2: 160.500 Trading Advice: It is important to exercise patience and wait for valid confirmation signals, such as the TDI cross, before entering any trades. Always approach the market with caution, utilizing sound risk management strategies to safeguard your capital. If you found this analysis helpful, please consider liking, commenting, and following for future updates. I will gladly return the follow. Best of luck with your trades! ---
Short
by ezeepips
2
USD/JPY October Market Analysis: Bearish Structure and Key Sell USD/JPY October Market Analysis and Trading Setup In the month of October, we are observing an open high-low-close structure on the USD/JPY, which strongly suggests the development of a potential sell setup. At this point, we are awaiting further confirmation through a TDI (Traders Dynamic Index) cross, which will signal the appropriate entry points for sell positions. Key Observations: 1. Bearish Divergence: Since August 16, 2024, there has been a clear bearish divergence, extending from that date to the current market high. 2. Daily Timeframe Structure: The open-high structure on the daily chart for October further strengthens the bearish outlook. 3. Overbought Conditions: The market appears significantly overbought, following a bullish breakout that began on October 1, 2024. 4. TDI Cross as Confirmation: A bearish cross in the TDI indicator will serve as confirmation of the presence of sellers, providing an essential signal for initiating sell positions. Targeted Take Profit Levels: - Take Profit 1: 147.500 - Take Profit 2: 146.500 - Take Profit 3: 145.500 - Take Profit 4: 144.500 Trading Advice: It is crucial to wait for valid signals, such as the TDI cross, to confirm entries before taking action. Always trade with caution, and ensure risk management strategies are in place to protect your capital. If you found this analysis helpful, please like, comment, and follow for more updates. I will gladly follow back. Wishing you success in your trades!
Short
by ezeepips
2
Potential EURAUD Sell Setup: Watch for Bearish TDI Cross. TP LevEURAUD's monthly structure on the daily timeframe shows an OHLC setup indicative of a potential sell opportunity. We’re currently awaiting a bearish TDI cross to confirm the presence of sellers in the market. My target levels for take profit are as follows: First at 1.65411, Second at 1.64378 Third at 1.63374 (monthly open on the daily timeframe) . Please trade with caution. If you find this analysis helpful, please support it with a comment, like, and share.
Short
by ezeepips
AUD/CAD Buy Setup Awaiting Bullish TDI ConfirmationAUD/CAD monthly structure on the daily timeframe is currently displaying an OLHC pattern, which signals a potential buy setup. We are awaiting a bullish TDI cross to confirm the presence of buyers in the market. My target for this trade is set at 0.91063, which also corresponds to the monthly open on the daily timeframe. As always, exercise caution while trading. If you find this analysis valuable, please consider supporting the post with a comment, like, and share.
Long
by ezeepips
Nas100 Buy Setup Pending Bullish TDI ConfirmationNasdaq 100 (Nas100) has begun September with a bearish trend, mirroring the OLHC structure observed last month. We are currently awaiting strong support on the daily timeframe to confirm a potential buy opportunity. Buyers are expected to enter the market once a bullish TDI cross appears on the daily chart . I have identified three targets for this setup: - First Target: 18,160.95 - Second Target: 19,031.30 - Third Target: 19,445.56 Exercise extreme caution and wait for clear signals before making any moves. Patience is key. If you find this analysis helpful, kindly like, share, and leave a comment.
FX:NAS100Long
by ezeepips
"USD/JPY Buy Setup Pending Strong Support Confirmation"USD/JPY monthly structure is currently exhibiting an OLHC (Open Low High Close) pattern, signaling a potential buy setup. At the moment, we are still following the short-term sell trend until a significant support level is established, which will mark a favorable point for buying. This strong support is expected to form with the appearance of a bullish TDI (Traders Dynamic Index) cross on the daily timeframe. Currently, two key confirmations are present on the daily chart: a bullish divergence and an Open Low structure. The only element missing for a full buy confirmation is the bullish TDI cross, which will indicate increased buying momentum in the market. My target level for this trade is 145.895 , aligning with the Monthly Open. Please trade with caution. If you find this analysis helpful, kindly support it with a like, share, or comment.
Long
by ezeepips
USDJPY Yearly Structure: OHLC Analysis and Sell Setup**USDJPY Yearly Structure: OHLC Analysis and Sell Setup** The USDJPY yearly structure, based on Open, High, Low, Close (OHLC) analysis, has confirmed a sell signal setup on the monthly timeframe. This indicates a bearish outlook for the entire year of 2024. The market is expected to move downwards until it reaches the first take profit level at 147.152. Key Points to Remember When trading market structure, it's essential to follow these three key points: 1. **Market Structure (OHLC/OLHC)** 2. **Divergence (Bullish/Bearish)** 3. **TDI Cross (Bullish/Bearish)** For a valid signal, all three points must align in the same direction. In the case of USDJPY, all indicators point to a sell. Detailed Analysis 1. **Market Structure**: The current structure is OHLC, which sets the foundation for our analysis. 2. **Divergence**: Bearish divergence started on Monday, October 3, 2022, and continued until the yearly high on Monday, July 1, 2024. This divergence is evident in both candle patterns and the Traders Dynamic Index (TDI). 3. **TDI Cross**: A perfect bearish TDI cross confirms the sell setup. Sellers have entered the market, reinforcing the bearish outlook. Profit Targets - **First Take Profit**: The monthly open at 147.152. - **Second Take Profit**: A further decline to 142.064. Correlation with Gold USDJPY and Gold often correlate inversely; when one goes down, the other tends to go up. This inverse relationship should be considered in your trading strategy. Final Thoughts Patience is key in trading. Ensure all signals align with the trend. If you found this analysis useful, please like, share, and comment.
Short
by ezeepips
GOLD [XAU/USD] Sell Structure for the Month of MayAnalysis of Gold Price Movement in May 2024 For the daily timeframe in May 2024, Gold has opened at a high level, indicating potential seller activity. The initial target for price movement is the open price of 2321.07 , serving as the primary take-profit point for the monthly structure. Utilizing Fibonacci analysis, the first take-profit level is identified at 2339.56 , followed by the open price of 2321.07 . Key rules to follow when trading this structure include: 1. Market Structure (OHLC/OLHC) 2. Divergence 3. TDI Cross When these conditions align, the likelihood of a successful trade increases. Remember to practice patience and apply proper risk management techniques. Kindly support this idea, Follow, Share and like :)....
ICMARKETS:XAUUSDShort
by ezeepips
USTEC SELL Monthly Structure Analysis and Trade SetupThe USTEC monthly structure on the daily timeframe is represented by OHLC, indicating a Sell Setup . We are currently waiting for a bearish TDI cross on the daily chart to confirm the presence of sellers in the market. Additionally, the candle formation at the high is an evening star pattern, which signals a potential reversal . If the trade moves in our favor, I have identified three take profit targets: 1. First Take Profit: 18,485.24 2. Second Take Profit: 18,193.98 3. Third Take Profit: 17,958.57 Trade with caution. If you find this post useful, please like, follow, share, and leave a comment.
UShort
by ezeepips
EURGBP [OLHC] MONTHLY BUY SETUPMonthly Structure Analysis for EURGBP OLHC (Buy Setup) Examining the initial monthly structure for the year 2024 of the EURGBP currency pair in the daily timeframe reveals a distinctive OLHC pattern (Open, Low, High, Close), indicating an optimal Buy Structure. Currently, we are anticipating a TDI cross ❎ to validate the presence of buyers in the market. Upon confirmation, the target points are outlined as follows: 1st 🥇 Target: 0.86165 2nd 🥈 Target: 0.86351 3rd 🥉 Target: 0.86501 4th Target 🎯: 0.86651, coinciding with the opening level for the ongoing month of January 2024. Exercise patience when executing trades and implement sound risk management strategies. If you find this analysis beneficial, please show your support by liking 👍, sharing, and leaving a comment.
Long
by ezeepips
3
EURNZD AUGUST MONTLY STRUCTURE OHLC(SELL SIGNAL) 🔻🔻🔻🔻EURNZD AUGUST MONTLY STRUCTURE OHLC(SELL SIGNAL) 🔻🔻🔻🔻 Please support this idea with LIKE, FOLLOW & SHARE if you find it useful. "Analysis of FX:EURNZD EURNZD Monthly Price Structure for August Identification of Open, High, Low, and Close Prices Indicates a Potential Sell Signal Upon observation of the monthly timeframe, it is evident that the EURNZD pair has commenced the current month by establishing a notably elevated opening value. This is notably observed when focusing on the High price within the daily timeframe, notably situated at the level of 1.83365. This level has proven its significance as a point of strong rejection, thereby serving as a potential indication of bearish sentiment. Considering this setup, it is advised to adopt a cautious approach and await the confirmation of selling interest before initiating any trading actions. The calculated targets for this potential selling scenario are defined as follows: The initial target is set at 1.80843 , followed by a secondary target at 1.80109 . Additionally, the daily open target is identified at 1.78663 . To further ensure the validity of this selling proposition, it is recommended to await a definitive crossover signal from the Traders' Dynamic Index (TDI) indicator. This would substantiate the presence of sellers in the market and provide a more informed basis for making trading decisions. Exercise prudence and patience in light of these technical indications." Please support this idea with LIKE, FOLLOW & SHARE if you find it useful. P A T I E N C E + D I S C I P L I N E
Short
by PeanutButter
EURCHF 2023 Yearly Structure OLHC (Buy Signal) EURCHF2023 YEARLY STRUCTURE OLHC (BUY SETUP) Please support this idea with LIKE, FOLLOW & SHARE if you find it useful. In the year 2023, FX:EURCHF EURCHF commenced with a low opening, accompanied by a remarkable bullish divergence observed from October 2022 to the current market price in July 2023. Notably, the price is currently experiencing rejection at the monthly support level of 0.95156 . An ideal buy setup will materialize upon the price's closure above the Buy zone, specifically at 0.95962 , coupled with a bullish TDI cross, signifying the active presence of buyers in the markets. Upon the occurrence of the TDI cross for buys, the first take profit target will be set at 0.97855 . Subsequently, the second take profit level will be aimed at the yearly open of 2023, standing at 0.98661 . Furthermore, should the price break above the 2023 open, the third take profit level will be based on last year's open, as the price was unable to reach that target previously, located at 1.03522 . As always, prudent monitoring and cautiousness are advised to make well-informed decisions. In the year 2023, FX:EURCHF EURCHF commenced with a low opening, accompanied by a remarkable bullish divergence observed from October 2022 to the current market price in July 2023. Notably, the price is currently experiencing rejection at the monthly support level of 0.95156 . An ideal buy setup will materialize upon the price's closure above the Buy zone, specifically at 0.95962 , coupled with a bullish TDI cross, signifying the active presence of buyers in the markets. Upon the occurrence of the TDI cross for buys, the first take profit target will be set at 0.97855 . Subsequently, the second take profit level will be aimed at the yearly open of 2023, standing at 0.98661 . Furthermore, should the price break above the 2023 open, the third take profit level will be based on last year's open, as the price was unable to reach that target previously, located at 1.03522 . As always, prudent monitoring and cautiousness are advised to make well-informed decisions. Please support this idea with LIKE, FOLLOW & SHARE if you find it useful. It is crucial to exercise patience and await the TDI cross before taking any action. Trade with Caution. Wait for valid entries. Please support this idea with LIKE, FOLLOW & SHARE if you find it useful. P A T I E N C E + D I S C I P L I N E
Long
by PeanutButter
1