Forexsetup
GBPJPY Sell a break setup,GBPJPY - Intraday - We look to Sell a break of 154.39 (stop at 154.68)
We are trading at overbought extremes.
A higher correction is expected.
Trend line support is located at 154.60.
A break of 154.40 is needed to confirm follow through negative momentum.
Our profit targets will be 153.56 and 153.36
Resistance: 155.30 / 155.50 / 155.80
Support: 154.80 / 154.50 / 154.00
Bulls EYE!I call this the Mount Everest Trade. The narrative goes like this:
There's an elusive move called the Judas Swing that happens in the Morning Zone or right before London Open.
Catch this move and you caught your trade of the day.
10 PIP Threshold aka SL.
The software aka price isn't programmed to come hit that.
Without a narrative to your trade you are blind trading.
Price + Time produce structure.
Now let's see if price follows the script!
Never Over Leverage.
Trust Your Trade Set Up.
Have fun!
I AM Pro Trading Made Simple
Could the USD be shaping up at another push lower? Hi, Trading view community and subscribers. Thanks for stopping by. Looking at the USD on the 4H, we see that sellers continue to hold prices outside a trend break. A mini consolidation continues to hold price action, but if the current seller momentum can continue to push forward and break out of the consolidation, this could lead to a new extension lower.
If buyers can hold support and rally to a new high above 103.70, that starts to cast some doubt on seller control.
Good trading
GoldViewFX - 4H & DAILY MARKET UPDATEHell All,
Okay so we have hit the 1826 target perfectly on our 4h chart idea. We will now wait to see how EMA5 challenged this level. This level has been tested twice before and a EMA5 failure to cross had price rejected back to 1814 and below. We need to taker caution in adding long without further confirmation.
If ema5 crosses 1826 with candle body close, we should see price leave RANGEBOX 2 and target the entrance of RANGEBOX 1 at 1836.
This could be an area to short but we will wait for confirmation before making a move.
DAILY CHART
Once again 1827 target was hit on the daily chart idea posted today. This level is strong resistance on the daily chart in line with the H4 chart. It has failed 4 x previously. However the Bullish structure is still supported by the daily chart Goldturn trendline, which may give the support needed to break through. We will keep you posted throughout the week so stay tuned.
Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
XPT/USD 1DAY CHART SETUPHi everyone this is my trade set up for the XPT/USD for the new week ahead
we had a very nice push last week and i feel it still has the legs to to make the push higher
XPT/USD is still pushing up so i am expecting a pullback to the order block zones and will be looking for a BUY trade
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
EURCHF Sell a break.EURCHF - Intraday - We look to Sell a break of 1.0657 (stop at 1.0671)
There is no clear indication that the downward move is coming to an end.
Daily signals are bearish.
Daily pivot is at 1.0660.
The previous swing low is located at 1.0658.
A break of yesterdays low would confirm bearish momentum.
Our profit targets will be 1.0618 and 1.0608
Resistance: 1.0680 / 1.0690 / 1.0700
Support: 1.0670 / 1.0660 / 1.0650