EURCHF - FOREX - 07 April 2021Hello Traders! How do you feel today?
What do you guys think about #EURCHF ?
so, as you see there's a wedge pattern and as always i'm waiting for breakout + retest + confirmation = Then I'm gonna take this trade.
This is the Daily Chart of #EURCHF
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Good luck!
Forex-analysis
Is It Time To Go???? XRP At A Decision Point! BUY XRPUSDWill it be third time lucky for XRP? We are back at a resistance level again and if XRP can break it at the third time of asking then we could see it make it's way to a dollar and beyond but if it don't then we could come back down into the consolidation and potential complete the bullish gartley pattern.
BNB TO THE MOON 🤘😎 Price formed a bullish triangle which has broken out and retested previous support level and is pushing forward towards $336. It's advisable to go Long on BNB now since the Crypto market is currently bullish. I expect it to use this new support and push further with bullish momentum till it surpasses $300 find some recent resistance and pull back a little before smashing TP. Drop ideas in the comments section. Follow me if you like my work 🤘😌😎😀
EURGBP - New Buy opportunity 👍Entry details are shown on the chart.
We're only looking for TP3.
Our EURGBP strategy is a simple 1:1.3 RR.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren
USDJPY 1HR TIMEFRAMEUSDJPY is currently in a triangle flagpole pattern on both the 4HR and the 1HR Timeframe.
Waiting for it to break the pattern. I placed both buy & sell setups if it breaks to either the upside or the downside.
USDJPY Market Structure is in a downtrend on the Daily timeframe so I'm looking for sell entries.
REMINDER: ALWAYS TAKE PROFIT/PARTIAL PROFIT AT TP1. Price majority of the time will retrace/pullback to the Supply & Demand area (Rectangle Box).
If you have any questions, ideas or concerns, feel free to message me.
EURNZD 1HR TIMEFRAME This analysis provides both buy & sell positions.
Red text boxes is for sell setups.
Blue text boxes are for buy setups.
REMINDER: I use Supply and Demand strategy (order block!). Support and Resistance I use as my TPS & SL. Always take profits/partial profits at TP1. After retracement, if price breaks and/or rejects support & resistance levels, prepare for entries and hold for more profit! If you have any questions, ideas, or concerns, don't hesitate to reach out.
NZDUSD - Banked the buy now a sell is valid.🙌A nice trending move so far on the way up - displayed previously on this ideas section 400+ pips on the H4 timeframe. Sell trade is now confirmed.
We will soon be upping our ideas again, once our optimisation testing is complete.
If you have any questions, feel free to drop me a DM.
Thank you
Darren
EUR/USD - We got the break of structure!Good morning traders!
Check back to last week where we predicted a break of structure on the pair. Well, we've seen that.
Look at price now respecting and finding support at our already marked key level in the market. With bears looking pretty strong will we see a break of this level and further movement to the downside this week?
Look closely, and you can see our ascending trendline has been used as dynamic resistance. Price broke the line to the downside, came back to retest the line before falling. This is a great bearish confirmation to enter a long term short position.
Happy Trading!
NZD/USD - Textbook Break and Retest SetupsNZD/USD has been on a long term uptrend since March 2020. Zooming into the 4hr we can identify an ascending channel that has been respected for some time.
Here can see that key levels are being broken to the upside and price is coming back to retest the level as support. From these levels we can take out long positions as a break and retest setup.
It will be interesting to see whether price continues it's bullish move and break through the 0.73 whole level, already once respected.
Drop me a message if you'd like to ask any questions.
USDJPY StudyUSDJPY weekly setup gave us a beautiful short opportunity to begin the week continuing the higher timeframe downtrend. However, a M-W-R was anticipated due to liquidity buildup at Monday's high and bullish trade opportunities revealed themselves during Wednesday's London session and NY session after the weekly low was captured.
Forex Charts Complete Analysis -10 Seconds Elliott Waves Lets have a look at a spectrum of Forex pairs
Some good action on Pounds today and likely to continue over the next few days / weeks.
Brexit Issue is still creating alot of trouble for the pounds
The dollar is under pressure, the more they print the lower it goes or something along those lines