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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:
Long
by basictradingtv
39
The pound may have downward demandAfter a sharp decline in the US market last Friday, GBP/USD has managed to stabilize above 1.2400 on Monday.The short-term technical side fails to provide directional clues, and may only have to wait for the currency pair to break through the consolidation channel,only then will there be a better continuity of behavior. According to the current market structure, it may be more difficult for GBP/USD to continue to rise, and the daily line is expected to form a head-and-shoulder technical pattern, which will exert pressure on the future market structure and limit the technical upward space of GBP/USD; Moreover, the technical repair of the daily line is far from being in place, so GBP/USD is still in demand for a decline. In the short term, pay attention to the resistance near 1.246 above.
Short
by Short-term-king
EURUSD 100pips Move!! EURUSD is gearing up for the next impulse. Unlike every other trades, current EU setup is backed up by D1 and every level and signals inside the SUITE SYSTEM. We expect EU to make a Higher High for the Divergence leg to print properly. There's a of money here on EU not only on the LONG but on the SHORT to come. Right now we only have a CONFIRMED ENTRY on EU currently. #1 ENTRY (Risk Entry, Good Reward) -: none! #2 Entry (Confirmed Entry, Minimal Reward) -: It's safe to enter LONG here as we are currently trading ABOVE the BASELINE. INVALIDATION Go in with a 50pips Invalidation or use the ALERT system inside the SUITE INDICATORS to send you a notification when setup is invalidated. TARGETS We are expecting a HH, profit can be locked in when we hit the previous high forming a DOUBLE TOP! P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
Long
by TheHOODofCRYPTO
EurUsd -> What A Beautiful SetupHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that EurUsd just with last week's candle perfectly broke above a major previous weekly resistance area exactly at the $1.095 area. You can also see that the next potential weekly resistance is exactly at the $1.12 area, so I just do expect more continuation towards the upside from the current levels to then retest the next structure area before we might then see a short term correction. On the daily timeframe you can see that EurUsd is currently perfectly retesting a previous daily resistance zone, which after last week's break is now turned support, so also from a daily perspective everything is pointing towards a next bullish impulse towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
Long
by basictradingtv
45
Will the pound usher in a bull market?The current interest rate hike is nearing the end. The market has digested it, and the dollar has fallen in a volatile manner. Now that European banks are accompanied by the bankruptcy of Credit Suisse, there should be other bank risks. At the same time, Europe is also following the Fed to raise interest rates. Now the Ukraine crisis continues, the European energy crisis, the food crisis and the refugee debt crisis continue, and the recession is inevitable, so the euro and the British pound are likely not to go into a bull market. In addition, judging from the current structural trend, GBPUSD has rebounded sharply after a sharp decline, so the lower support is not very strong, and there is a need for a second fall to verify the lower support, so GBPUSD still has a need for backtesting in the short term. In the short term: pay attention to the resistance of 1.245 above, and observe the defense of 1.238 below. I will share specific transactions and operations in real time on my channel based on intraday details.In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Short
by Short-term-king
EURNZD DAILY CHART PROJECTIONDon't MISS! After collecting our data from the weekly timeframe, price initially was in a downtrending market and we had a success break of structure so we expected that the market will change it's direction from downtrend to uptrend of which it did. The current trend to the upside which is visible on the DAILY timeframe, we can regard that as our Impulsive trend/move. Within this move, price is making a valid uptrend creating HIGHS and LOWS . The impulsive trend is currently moving rapidly which broke the resistance level (Check the arrow). Our anticipated overall price target is @1.82000 level As we all know, price is not just going to fly there, it's going to create a trend to get to the final target. So we're expecting price to make a new low to @1.73500 to @1.72000 level then we will look for a bullish confirmation. TRADES OPPORTUNITY I am currently watching this market closely and we will look at the smaller timeframe so we have a confirmation for a short sell. Join my channel to not miss this opportunity Kindly Like this Trade Idea if you love it and Follow me for more Thanks Regards.
Short
by opizzlefx
Inducement on GU What Gbpusd is currently doing,based on my understanding and years of experience,is inducing people to think it all set to go lower ,what is inducement? Inducement means getting people on the wrong or right side of the market way to early,that the simplest explanation I can give you folks that how I explain to my trading community... anyways back to business I would literally love to see it push back up to clear the buyside liquidity before actually dropping down ....stay safe guys ...trade safely #Iamace #Acethetrader
Short
by ace_did_it
DXY pump!!!!! xxxUSD Drop **READ**DXY is currently correcting and we are looking at a possible END OF CORRECTION at the UB (Upper Band. HOW TO POSITION YOURSELF: SCENARIO 1 - We could wait for DXY to hit the UB on the H4 timeframe, when this happens, it means we can start to LONG xxxUSD and SHORT USDxxx SCENARIO 2 - When the market opens, we could SHORT xxxUSD or LONG USDxxx until DXY reaches UB to exit all positions and then follow the follow the SCENARIO 1 // INVALIDATION // A large breakout ABOVE the PREV.HIGH level would mean a big STRENGTH on the DOLLAR. If that happens, wait for DXY update (Remember to follow for that) TARGETS - We are targeting 800EMA on the D1 AND we expect the selling pressure on DXY to start to weak at that level. P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
TVC:DXY
by TheHOODofCRYPTO
DXY - How to FIND trade setupsIn this video, we talk about DXY direction and how to find trading opportunities and get the best accuracy. P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
TVC:DXY
by TheHOODofCRYPTO
aud/jpyanalyzing this pair from the 2 hour time frame i can see price has worked into a Bearish OB also Filling higher time frame bearish imbalance, now that price has reached these areas we are starting to see rejection and are getting a Very strong Bearish engulfing on the 15 minute time frame AS I'M typing this out! with the confluence of rejecting the .236 fib retracement and bearish divergence (price was creating higher lows and the RSI is starting to create lower lows! once we create a lower low below 88.838 we should see aj start to drop nicely to our lower support areas where we can start to take partial profits! disclaimer - information shared is for educational and demo purposes only please master a risk management plan when trading in the financial markets!
Short
by therealbinarymaster
EURAUD 150pips FULL BREADOWN 3mins!!!! EURAUD is currently looking weak and ready to drop. In this video i breakdown your ENRTY, SL and TARGET so i can help you make some money! P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
by TheHOODofCRYPTO
AUDUSD 100pips setup BREAKDOWN!!!!AUDUSD is currently not showing too many signs for a BULLISH play BUT the DOLLAR INDEX is looking weak which makes a great opportunity for xxxUSD which is why we are gearing up for a LONG play here. // #1 ENTRY (Risk Entry, Good Reward) // -: Enter LONG now or wait until at LB (Lower Band) touch // #2 Entry (Confirmed Entry, Minimal Reward) // -: LONG when we fix ABOVE BL // INVALIDATION // On #1 Entry, Set a 40pips SL from LB tap. On #2 Entry, when price fix back ABOVE BL , the SUITE INDICATORS will print a SL zone on the chart for you, use it. TARGETS - We are looking at 200EMA on H4 as first TP and max at the AUTOMATED KEY ZONE that comes with the SUITE INDICATORS P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
by TheHOODofCRYPTO
AUDUSD 150pips MOVE Unemployment ClaimsAUDUSD is currently BULLISH from all angles and also on D1 we are just looking to create a minor low around LB, PW.5 and PM.5 level. (Reason - EMA Cloud bullish, we fixed above BL on D1, PA is intact, BB starting to slope upward.) // #1 ENTRY (Risk Entry, Good Reward) // -: Enter LONG now or wait until at LB touch // #2 Entry (Confirmed Entry, Minimal Reward) // -: LONG on when we fix ABOVE BL // INVALIDATION // On #1 Entry, Set a 40pips SL from LB tap. On #2 Entry, when price rejects back ABOVE BL , the SUITE INDICATORS will print a SL zone on the chart for you, use it. TARGETS - We are looking at a break of the previous HIGH and also targeting 200EMA on D1 P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
by TheHOODofCRYPTO
JPYX Correction ENDING soon. **READ**JPY INDEX correction is coming to an end and how does this helps us make good money? JPYX goes DOWN, xxxJPY goes UP like fire! Direction is currently BEARISH (Reason - PA, BB, EMA CLOUD, ICHI,DIV anticipation) // ENTRY for xxxJPY // When JPYX reaches those zones, take a LONG on xxxJPY (CADJPY, CHFJPY, AUDJPY, NZDJPY preferably) and also there's a room for scaling here. // INVALIDATION // IF JPYX close ABOVE PWH then we need to hedge out and roll out the position (Learn this in the channel). TARGETS - We will exit our xxxJPY trades when JPYX hits 200EMA on H4 P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
PEPPERSTONE:JPYX
by TheHOODofCRYPTO
EURAUD 350pips!! MUST WATCH! EURAUD is currently BULLISH but this is a weak one because we are trading on a EMA score of 2 which signals reversal so now we are positioning for a SHORT. (Reason - D1 is currently exhausted and needs correction, possible DIV if HH happens and of course the EMA SCORE) // #1 ENTRY (Risk Entry, Good Reward) // -: Even if we are looking for SHORT here, I believe we have an opportunity for a LONG before the SHORT rally. So for the LONG entry, wait for price to push back to BL and LONG all the way to the UB on H4/D1 (175pips). Now for the main SHORT, SHORTR around D1 UB with a 50pips on candle close invalidation (300pips) // #2 Entry (Confirmed Entry, Minimal Reward) // -: For SHORT ONLY, wait for price to hit D1 UB and then SHORT when we close back BELOW BL for SHORT continuation. // INVALIDATION // On #1 LONG ENTRY, Close IF candle close below the BL strong. On the MAIN SHORT, set a 50-60pips and run it all the way down. On #2 Entry, when price rejects below the BL , the SUITE INDICATORS will print a SL zone on the chart for you, use it. TARGETS - Take profit for the LONG is on H4 UB and on the main SHORT first exit could be on the touch on BL and second is when it gets back to to the PREV LOW/KEY ZONE P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
by TheHOODofCRYPTO