CADCHFCADCHF is in long term downtrend.
breakout and retest of falling trendline a short term range with strong bearish divergence putting downward pressure on pair.
Forexmarket
XAUUSD 2023 YEARLY STRUCTURE OHLC [SELL SETUP🚨🚨 🚨]Please support this idea with LIKE if you find it useful.
XAUUSD
2023 YEARLY STRUCTURE
OHLC
Bearish divergence starting from 01 July, 2020 to current market Price in the monthly time frame.
Structure for this year is marked in red vertical line (January). Price opened high with April breaking above the open.
Currently have price consolidating below the sell zone 2017.870. A strong resistance is also in place 2080.140. Waiting for a TDI cross to confirm the presence of sellers in market .
Kindly target the yearly open 1931.722 as first Target after TDI crosses in the monthly time frame. Also find more entries in the lower time frame after this cross. Second take profit will be half of the “railroad tracks” at the open 1871.650
Trade with Caution.
Wait for valid entries.
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P A T I E N C E + D I S C I P L I N E
EURAUDEURAUD done with long term bullish trend ? Breakout of long term inclining trendline, support zone and their retest around Fib golden ratio suggesting a trend reversal.
USDCADUSDCAD is in long term bearish trend and now it is going to test the resistance of bearish trendline.
1.3600 area can become a strong selling point.
EURCHFIs EURCHF made a fake breakout of support level? Strong bullish divergence indicating a potential reversal.
Will EURCHF rise from this level?
GBPUSDGBPUSD was trading in strong bullish trend and lately tested the weekly highs. After the weekly high testing , the pair fall back to lower side of bullish channel.
Now will the GBPUSD rise again to high of the channel.
AUD/CHF CAN TURN ON BULLISH ANY MOMENT NOWAUD/CHF can turn bullish any moment from now to start another sequence. Correction is on the way according to ELLIOT WAVES rules. All traders should set their eyes on this pair
EURCAD | Bullish Harmonic Reversal PatternBullish harmonic Bat reversal pattern formed and The price has rejected from the potential reversal zone ( PRZ ) its is likely to reverse the trend from here. Will it continue its trend or Reverse the trend by respecting the PRZ.?
NZD/USD LONGNZDUSD have been bullish last 3 weeks. Lets take the new opportunity on this pair and see how it plays out.
GBPAUD bearish trend for expect
Hi viewers, GBPAUD price on zone, here exepcting now after long time of bullishnes to see break and bearish trend.
TP1:1.87000 (90)
TP2:1.86400 (150)
USE/JPY LONG SETUPA clear trendline is giving continuous support, which was broken which most probably was a false breakout and liquidity was grabed there, and now it is looking good to shoot up.
CAD JPY SET UP Hello guys,
CAD JPY has been moving in an ascending channel, and the price has reached the support trend line. Do you think the price will break through or bounce? I expect a bounce, so I'm waiting for the BUY confirmations.
If the price breakthrough, I will be looking to go short after the retest of the broken support level, tell me what you think guys.
EURUSD M30 | H1 SELL!!!!EURUSD M30 | H1 SELL!!!!
Market price : 1.1040
Sell new : 1.1040
Tp1 : 1.1020
Tp2 : 1.1000
Tp 3: 1.0970
Tp 4 : 1.0900
Sl: 1.1060 ( 20 pip )
But do not forget about capital management...
GBPNZD: ...Sell the rally? Yes, but 2.31 belowThe main trend is bullish, but at the same time, the pair could trigger some corrective structure in the short term. If this idea is correct, it is possible for ABC Patterns to appear on hourly chart.
Note: Updates will follow below.
Trade with care!
Like if my analysis is useful.
Cheers!
AUDUSD - Shorting all the way to the 4h swing low!I will be taking short positions all the way down to the yellow line (4H swing low)
We have just swept liquidity to the right and I can definitely see a move down to the swing low before considering any longs.
I will post an update shortly with entries taken!
Best wishes,
Jake
XAUUSD Bullish signalGold has some bullish indications to go upward, take entry and enjoy your profit with keeping SL in your mind.
Entry at 1982
TP 1992
SL 1972
R:R=1:1
GBPJPY Buy trade April 28 2023Accumulation schematics as seen on 5min and 15 min TF.
entry after BOS at 1h TF, wait for mitigation of institutional candle
RR: 1:15 aiming for distribution schematics.
validity: liquidity grab higher and lower timeframe stories. :)
Will the pound usher in a big rally?Because of the banking crisis and the expiration of the US debt ceiling, the market has exacerbated concerns about the risk of an economic recession. Looking at the world, the Ukrainian crisis, the European energy crisis, the food crisis and the refugee debt crisis, economic recession is actually inevitable, so the pound will not go into a bull market.
Judging from the recent trend, although GBP/USD has pierced 1.250 many times, they cannot effectively stand above 1.250, so it is easy to stage a market that rises and falls at this position, so for short-term trading, it is still possible to short at a high level host.
In today’s trading, the trading signals I announced on the channel to buy more gold around 1980 and 1976 all reached the stop profit target at the 1986 line. The trading signals in the past two weeks have achieved comprehensive victories, and the results of 0 losses are enough to make We reap satisfactory profits. In trading, whether it is gold, crude oil or foreign exchange, I have the ability to satisfy your desire to make money. I have published detailed trading signals about crude oil in the channel. Please pay attention to the trading signals in the channel
EURAUD - in an ascending channelThe price moves in an ascending channel and has broken the secondary trendline. The target is the upper part of the channel or the next strong resistance.
1D:
Good trading!
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AUDNZD: Short Term Technical AnalysisThe trend is bullish but in short term some corrective structure is possible, having said that, from a technical point of view, the rally triggered on hourly chart should continue after the pullback completing the impulsive structure (1-2-3-4-5).
Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖
Cheers!
N.B.: Updates will follow below
EURUSD Bullish Breakout Targeting 1.1690 Amid Positive SentimentThe EUR/USD currency pair is displaying a strong bullish trend, fueled by the potential ECB interest rate hike and a weakening US dollar ahead of key economic data releases. With a decisive break above the key resistance level of 1.1035, the pair is poised to target 1.1690 as the next major milestone. Keep an eye on upcoming data and events for further validation of this bullish outlook.
GbpJpy -> Be Careful HereHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that GbpJpy is approaching a quite strong and obvious previous weekly resistance area exactly at the 169 JPY area.
You can also see however that market structure and moving averages are still quite bullish so I just do expect a deeper push into the resistance zone, followed by a short term rejection towards the downside but then I definitely do expect more continuation towards the upside again.
On the daily timeframe you can see that GbpJpy just broke above and retested a previous daily resistance area which was turned support so I am now just waiting for a deeper retested of the 169 JPY area before I then do expect also a short term daily rejection towards the downside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
