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Forex-trend-analysis

Forex Analysis: Super Clean Double Top Setups in GU, GJ, and EJIn this forex analysis video, we'll be discussing the market movements of the euro (EU), the British pound (GU), the Japanese yen (GJ), and the euro yen (EJ). EU: No narrative setup was identified due to the failure of the 15m entry to bounce twice and form a double top before the price decline. GU: A super clean setup was identified. Price bounced on the previous day's high and formed a double top entry on the 15m timeframe. GJ: A super clean setup was identified. Price bounced on the previous day's high and formed a tiny double top entry on the 15m timeframe. EJ: A super clean setup was identified. Price bounced on the previous day's high and formed a tiny double top entry on the 15m timeframe.
Short
by superlegit
Gold struggle to selling read the caption Gold has bullish it's a good opportunity as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.
OANDA:XAUUSDShort
by Mrsam36
Dow Jones ready to fly read the caption US stocks climbed broadly higher on Monday, etching in fresh all-time highs as last week’s late break into record prices carried over into the new trading week, with tech stocks leading the way higher and sending the Dow Jones Industrial Average (DJIA) over the $38,500.00 valuation for the first time ever. Dow Jones ready to bullish trend The Standard & Poor’s (S&P) 500 major equity index continues its march towards $5,000.00, ending Monday at $4,800.43 after hitting a new record high of $4,880.05 as investors continue to pile into stock bets.
BLACKBULL:US30Long
by Mrsam36
Will GBPUSD bounce back from here?GBPUSD is one of the trading pair. By looking on the current structure on chart we can say it's below the major trend. And also reaching to the high demand zone. There is a good possibility it will be bouncing back from here because of Reason : 1. RSI is in oversold zone. But don't have good strength so buyers will start making positions here. 2. Zone has provided the good support zone for demand. 3. Reduction of volume of sellers. Verdict : Bulliness in near future. Plan of action : Wait for breakout of dotted trendline.
Long
by finnova_
USDCHF, possible risingSubscribe and get a free trading strategy for Bitcoin and other every day! We can see the weakness of bears at this time. Possibly we will see the price higher tomorrow. The dollar index also looks bullish now P.S I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the buyer and seller reactions. Well, and a few more secrets, this material is not a trading recommendation )))
Long
by Anton_t_t_t_eng
1
GU BIAS: STRONG SELL. DO YOU WANT TO BUY? NO!Zoom to see clearly . Analysis Chart: H4 timeframe. In the H4 timeframe, the price has completely broken the great trendline and the minor support level of 1.2217 , indicated by the red horizontal line, showing bearish strong momentum in favor of the bears . Currently, the price has been sandwiched between these two levels: 1.2217 and 1.2131 and has never been able to make a new high. Until the price breaks the strong support level of 1.2131 , don't sell. Be patient here because there could be a little pullback before the price continues the downward movement to 1.1944 and 1.1791 , these are take-profit levels where the price could reach and react to.
Short
by OraclePips
GU BIAS: SELL: Analysis: H4Good morning there. I know that some of us lost money yesterday. Fine! That's the inevitable event in forex. We win, we lose. But the winning streak must be more than the losing streak. That's the fact about making money from forex. What do we have today? In the GU market, I see a reversal, the big one. Why? It's because the price is currently at the event area, the level where the price has reacted many times. The arrows drawn show the areas where the price has reacted in the past and present. We have a confluence in the market today: the price is currently reacting at the key horizontal line area (support and resistance zone), intersecting with the trendline. All we just need is a strong bearish candle showing the momentum to the downside. Once this happens, you are good to sell. Though M15 has shown a nice bearish pin bar, this is not enough. Watch for this signal from H1 and H4. The signal in h1 and h4 is more reliable. What do we need now? Patience. Wait for the signal to appear to sell in the h1 timeframe. Entry: Market; First Take Profit: 1.1600; Second Take Profit: 1.1354; Stop Lose: 1.1797. Good day
Short
by OraclePips
BTC FORECAST I had a forecast on *BTC* ( Bitcoin ) last month and my sentiment is that; we are likely to start going bullish on BTC... _could hit 37k .... but for now I don't trust the big figures of the BTC from 45k upwards but, we also have higher chances of reaching that on the run_ we have two demand zones, the current one we just mitigated is around *19k to 16k* and this the one that I feel is likely to start the bullish move the second demand zone lies around *11k and 9k* although this zone shows nicely on the monthly view but.. I see this second zone as a weak zone due to the low impulse coming from it as seen clearly on the weekly... But we have this first demand to be a very valid one and is like to start the BTC bullish move. it has a vice inefficient price action on it way up, it also broke structure and we have a nice impulse coming from it. I feel if BTC moves below 16K I don't know what could happen next. it could mean the end of BTC as of now 11k is a death path for BTC... I would advice any investor to start investing in BTC now. StefanFX.......
INDEX:BTCUSDLong
by stefanfx12
3
EURJPY Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: EURJPY is sitting around strong supply in blue so we will be looking for sell setups on lower timeframes. on H1: EURJPY is forming a trendline in red, but it is not valid yet, so we will be waiting for a third swing to form around it to consider it valid. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish. N.B. when the sell is activated, we will move our stop loss to breakeven as the trade approaches the lower blue trendline. Good luck!
Short
by TheSignalyst
6
GBPUSD + 3.8% / 390 PIPS ! GBPUSD Sell still running on our strategy. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow. We just have to do what Percy does. Please see our related ideas below for more information to explain what we do and how it can help you.
Short
by RossTyler