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CADJPY: BEARISH Market Analysis! Watching for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the CADJPY, 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: Since a while, this market has been moving and rising up inside a big corrective structure, but enable to break the high of September, it gave us a clue of losing of momentum, confirmed in lower time frame by the formation of an expanding structure broke to the downside. The impulsive phase looks started already, breaking the main HTF corrective structure and currently consolidating, eventually for the next impulsive phase. When, where and why would we step into the market? The general bias for JPY pairs, is still quite bearish according with our view, then we will be looking only for short positions. The market reached the bottom of the structure and if the further breakout and continuation will be confirmed, we will definitely enter CADJPY, targeting the next level at about 102.500. However, we don’t exclude the possibility of reverse, so with no confirmation, no entry.
Just another little tips, CAD news on the calendar, so be carefully If you are entering this market! 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
24
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: In higher time frame the market reached and interesting level, double topping and reversing, forming a potential head and shoulders. The market then proceeded breaking the neckline and starting dropping down, confirming the beginning of the impulsive phase. In lower time frame, since the half of November, the market has been consolidating creating a potential corrective structure, with a good possibility to continue its previous downtrend, targeting at least the bottom of the LTF structure. When, where and why would we step into the market? Considering the overall bearish momentum, we will be looking to short this market in the scenario it will breakout the structure to the downside, correcting for a further down move. However, no trade is guaranteed and the market could proceed to the upside invalidating out trade setup, forming eventually a deeper structure or a reversal pattern. 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
15
GBPCHF: BEARISH Market Analysis! Watching for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the GBPCHF, 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 market is still correcting below the HTF double top, and looks like forming a M pattern as a continuation of its previous bearish movement after it broke the rising wedge at the beginning of November. Considering the sharp movement started from the current level, the possibility to get seller pressure is high and we would be looking for a short entry, targeting its previous swing low, at about 1.10500. When, where and why would we step into the market? The overall momentum is still bearish, and we don’t see at the moment any sign of reversal, yet. However, the market is still correcting and it has just left the frontside market movement. In the scenario of breakout and further correction, we will definitely try to take advantage of it, entering short if the RR will be 1:3 or greater. With no breakout and bullish continuation, 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
17
AUDUSD: BULLISH Market Analysis! Watching for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the AUDUSD, 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: In high time frame, the market has been moving since a while inside a big corrective structure, forming many patterns within patterns. At the end of October, it broke the LTF descending channel, pumping up with a strong impulsive upward move. The price is currently at the top of the HTF structure, correcting, most probably to prepare for the next further bullish movement. When, where and why would we step into the market? Considering the overall still bullish momentum, we will be looking to enter long if we get the right confirmation, a breakout of the LTF flag with a further correction will be enough to enter this market, targeting the next swing high at about 0.69000. However, the correction could spend more time before be completed, so without a clear breakout, no action will be taken on this market. 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.
Long
by Cybernetics_tl
11
💵Australian Dollar/Swiss Franc💵 Analyze(Short term,11/18/2022)It seems The Australian Dollar/Swiss Franc is making a Symmetrical triangle near the heavy resistance zone. When I saw the Bearish Engulfing Candlestick pattern on the upper line of the symmetrical triangle, I am expecting the Australian Dollar/Swiss Franc will go down at least to lower line of triangle. 🔅Australian Dollar/ Swiss Franc ( AUDCHF ) Timeframe 1H⏰. 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
Short
by pejman_zwin
NZDJPY: BEARISH Market Analysis! Looking for REVERSEHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the NZDJPY, 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: This market has been correcting since a while, bouncing on an important HTF level and leaving impulsively a LTF structure (rising wedge). Eventually, it was not able to form a further bearish price action and it started consolidating creating a deeper flag, which is still a potential bearish pattern considering the overall general momentum. When, where and why would we step into the market? Until the price will move inside the LTF flag, without taking out the previous swing high, our bias will stay quite bearish, according also with other JPY pairs. Before entering short on this market, we will be waiting and watching if the it will lose momentum around the resistance level and/or (for moderate traders), if it will be able to break down, and correct after the breakout . 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
16
EURJPY: an upcoming BEARISH CONTINUATION?Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the EURJPY, 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: In HTF, the market reached and broke the previous swing high level, forming a series of LTF reversal structures which could be a sign of market reversal and shift of momentum from bullish to bearish. Overall, in LTF we can see a formation of a head and shoulder pattern and the price is currently correcting inside the right shoulder. When, where and why would we step into the market? In the scenario of breakout to the downside, there is a high probability to see further bearish continuation, targeting the level at around 141.00, about the previous swing low. The setup would be valid if the price broke impulsively and correct once out of the current corrective structure. 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
22
GBPNZD: Watching for BEARISH Trend Continuation Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the GBPNZD, 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: In HTF, the market recently broke the previous swing high, and at that time, considering the bullish momentum, many traders were looking for a buy position. However, as you can see on the chart, the market formed a head and shoulders pattern just above the resistance level, dropping sharply to the downside, a clear shift of momentum. Since a couple a weeks ago, this market as been consolidating and it may be ready soon for a trend continuation if the bearish momentum will stay intact! When, where and why would we step into the market? Considering the actual bearish momentum in HTF, we would only be looking for day/swing trading short positions, if market will confirm the end of the consolidation by a breakout and further continuation, targeting the next swing low at about 1.88000. In the scenario of breakout to the upside or no breakout at all, no action will be taken on here! 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
9