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Forex-analysis

Usd potential reversal?Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Gonna be neutral for USD this week, wanting to see how the price action plays out with the avalanche of news coming out . Let's watch and play along. I do see a potential turn here. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
TVC:DXY
by Shadowing_The_Big_Boys
BTC still looks good to head higher,still upside bias Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Last week mentioned about its bullishness...and it went up higher..this week at the current 67-68k might face some headwinds. But Clearing this should see more up side to last high at 72-ish! Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
ICMARKETS:BTCUSDLong
by Shadowing_The_Big_Boys
USD - a potential turn around from current level..Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Could be seeing a reversal here, mixed 'feeling' on USD for now...haha Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
TVC:DXY
by Shadowing_The_Big_Boys
Still bull on longer horizon..but waitTradingview Ideas: Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Will still be bias on the long side, will take some long next week if i see change of trend coming.So far lower timeframe suggest that it still might go lower. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
by Shadowing_The_Big_Boys
2
USD more bear side,but watch the key levelTradingview Ideas: Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. At a key high timeframe level, do watch out for potential bounce before going short. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
TVC:DXYShort
by Shadowing_The_Big_Boys
usd still bias on the upsideHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. I am in general still bias on upside for USD but do note that it is coming to a key rejection zone on the weekly chart..but shall monitor till something really changed... Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
TVC:DXYLong
by Shadowing_The_Big_Boys
USDCHF: Key Level Rejection, Fibonacci Retracement ExpectedPrice recently broke out of the daily (D) descending channel. It then pushed up to meet the daily (D) 50% Fibonacci retracement level, converging with resistance. Price then rejected this level and pushed down to retest support before breaking out of the four-hour (4H) downtrend line, suggesting strong bullish momentum. Price then pushed up and reached the daily (D) key level and converged with yet another 50% Fibonacci level. Price has proceeded to reject this level, highlighting temporary reversal and suggesting a possible retracement. I expect price to temporarily retrace to around the 38.2% level before continuing to the upside. **Rationale:** **Rationale:** ~ (L1): Breakout of channel (D) ~ (L2): Retest of support (D) ~ (L3): Break of trendline (4H) ~ (L4): Retest of support ~ (L5): Fib retracement convergence + Rejection ~ (F1): 38.3% Fib retracement **Disclaimer:** My trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations. --- #scalping #intraday
Short
by Forexity
NZDUSD Possible retest and continuation to the downsideThe price recently broke out of the ascending channel (4H) and went on to retest the recent swing high, creating an Equal High (EQH). It then rejected the wedge (W) and downtrend line (M) resistance convergence and continued to push downward. Currently, the price is converging with resistance and the 38.2% Fibonacci retracement level. We anticipate that the price may continue to reject this resistance area and push further to the downside. **Rationale:** ~ Wedge (W) and downtrend line (M) resistance convergence ~ Multiple rejections of resistance ~ Shallow pullback (Fib 38.2%) resistance convergence ~ Possible retest ~ Possible lower low formation **Disclaimer:** My trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations. --- #scalping #intraday
Short
by Forexity
AUDUSD: Multiple Rejections, Potential ReversalPrice has recently rejected this level multiple times. As-well-as multiple rejections and long-wick candlesticks, we have a rounding top chart pattern. I anticipate price will continue to reject this level and eventually breakout of the uptrend line, suggesting a bearish bias. **Rationale:** ~ Area of resistance ~ Multiple rejections ~ Long-wick candlesticks ~ Rounding top ~ Break of trendline --- **Disclaimer:** My trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations. --- #scalping #intraday #daytrading
Short
by Forexity