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CHFJPY: BEARISH Market Analysis! Waiting for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the CHFJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: Market on top of its previous swing high, in higher time frame it double bottomed on it moving inside a rising wedge formation, in this context usually a reversal scenario. In lower time frame, in October the market left the wedge, still correcting above the swing for a while and recently we could see the expected reversal sharp impulse breaking the main structure. When, where and why would we step into the market? Overall, considering the downward impulse, our Bias is quite bearish and we would be looking only for short positions. The market dropped for more the 500 pip, and started correcting just few session ago. A deeper correction is needed and once it will be completed, we will be looking for a great entry price and RR if the opportunity will be confirmed. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
14
EURUSD - Regression Channel points 1.17Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 In today's analysis, here's a Forex update on the popular trading pair EURUSD. It's the last month of the year 2022; could we expect a Christmas rally? 📈 From a candlestick analysis , the Euro is looking to gain some ground against the Dollar with Three White Soldiers forming on the monthly chart. 📈 From a chart analysis / trend analysis , the regression trend that started in 2008 is still valid and the top of the regression parallel channel points towards 1.15 - 1.20 📈 From a technical indicator analysis, the RSI seems to be losing strength on it's way to the 50 mark and we'll need to see price action CLOSE over 1.08 to consider 1.15 resistance zone Sideways trading immediate term seems likely If you're interested in cryptocurrencies, check out this idea on ADAUSDT: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
34
GoldViewFX - DAILY CHART UPDATEHey Everyone, Please see the daily chart setup we have been tracking for a while playing out perfectly. We had a daily chart close above 1790, which opens our long-term daily chart target to 1856. However, we would like to see EMA5 cross 1790 to confirm and solidify the direction to the next target. Our long-term stance is Bullish, keeping in mind any big swings to be maintained within the long-term swing range. If we see any short-term swings, we can only see lows of 1747 otherwise a strong Bullish structure. As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX
OANDA:XAUUSD
by Goldviewfx
6
GoldViewFX - WEEKLY CHART UPDATEHey Everyone, This is the weekly chart setup we have been tracking our mid to longer-term targets and so far, this has been playing out as planned with 1787 being hit last week. We saw the weekly candle close above 1790 last week confirming further bullish momentum up with our 1858 target open. However, EMA5 cross and lock above 1790 will confirm this movement. Weekly chart setups are mid to long term targets and therefore swings need to be kept in mind to manage risk and plan entries accordingly. We will use our shorter timeframes to break down the levels within the swing structure to pick our entries accordingly from support levels. As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX
OANDA:XAUUSD
by Goldviewfx
6
#USDCAD another sell opportunityPrice has formed a V-TOP chart pattern formation as you can see in 4H timeframe and also managed to close below 4H low which means that our structure now turned to bearish again. due to V-TOP formation price formed a bearish engulfing candle in Daily timeframe which is a strong signal for bearish move and also as we can see we are in overall in bearish move so we can interpret this daily candle as an continuation signal for higher wave cycle. Now that we have bearish bias we should be looking for areas which potentially price can tap into in lower timeframe like 1H or lower, take out some liquidity and turn to the downside again.
Short
by mohemati
2
USDCAD: BEARISH Market Analysis! Watching for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the USDCAD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: The structure slightly changed since the last forecast, but still looks like bearish. In HTF the market is moving inside a great descending channel, reached the top and sharply reversed , potentially continuing the first bearish impulsive move. In lower timeframe, a corrective structure, double top and and reversal impulse inside, could be clues enough to confirm the next movement. When, where and why would we step into the market? Considering the overall momentum still bearish, we will be looking only for sell positions, if the market will be able to breakout the corrective structure and “breath’, confirming our entry. However, the market could false breakout and retrace back inside, in that situation no action will be taken. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
32
GoldViewFX - 4H chart Market UPDATEHey Everyone, Please see update on our 4H chart setup from Sunday. This has played out to perfection with our final target at 1797 being HIT. This target was open from the EMA5 cross and lock above 1755 confirming the target and the failed EMA5 cross at 1739 forming a double bottom also confirming the push up. We are now seeing price above 1797 and a candle close above 1800. However, we will need to see EMA5 cross and lock above 1797 to open the upper structure 1815 and then 1836. We have NFP tomorrow so can expect swings and need to take this into consideration before committing to any positions. When we see a breakout like this into a new range after a while, we usually wait for a new blueprint of the range confirmed with a few retests on support and resistance to confirm a range, otherwise price can leave the range, as fast as it came into it. Our plans to buy dips from support levels is still in play. We will look to track and trade the movement level to level using EMA5 cross and lock level to level. BULLISH TARGETS 1755 - DONE 1778 - DONE 1797 - DONE As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
16
💵U.S.Dollar/Japanese Yen 💵Analyze (10/09/2022)!!!U.S.Dollar/Japanese Yen is running in microwave 5 of main wave 3 while main wave 3 is an extended wave. I expect the main wave 3 will be complete at my PRZ(Price Reversal Zone), and then U.S.Dollar/Japanese Yen will go down until the target that I specified. 🔅U.S.Dollar/Japanese Yen Analyze ( USDJPY ) Timeframe 2D⏰ Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by pejman_zwin