USD / JPY I see double top pick after strong pickIn my opinion market gonna go down after hard to gain double top, and must do correction with price.
Ftmo
GBP / JPY I see oportunity to brake 166.548 key levelIm looking for buy at 166.550 level becouse we can see braking force attacking this key level.
GBP / USD After long run up i see option to market go downI see market fake brake up after 1 breake to take money and make massive drop to down.
USD / JPY I see potential to go strong up.We see market staying with strong force to brake 135.670 area after multiple pick.
GBP / JPY I see potential to go upMarket after weekend have strong force to pull up gbpjpy higher and brake interesting key level.
USD / JPY Potential for pull upI see after weekend power and fresh cash to go up. Market after very long drop should go even litle 100 pips up.
USD / JPY I see oportunity to go longAfter market drop i see weaknes on going downtrend and possible reversal
GBP / USD I see weaknes at resistance levelI see weakness at resistance level which shows no buy oportuniny. I dont see any buy signal.
USD / JPY Strong possible pull upI see after downtrend strong momentum cumulating on actual zone. I think market go up after litle correction.
GBP / USD Double TopI see weaknes at double top level on D1, and i think market gonna drop becouse of low equity and strong up before.
EUR / USD WeaknessI see weakness at 1.04058 and in my opinion the weak support gona brake. I prefere see market going down at this situation
US30 Mean Reversion TradeThis is a daily chart of the #US30 taken this morning. It's important to note that today ties the longest run of the year without the daily bar testing the 20 day moving average.
Back in August, it ran away for 24 days, ultimately to come down aggressively on that day to touch/retest the average. Today, we're extended yet again by 24 days and traders are aware that a mean reversion is imminent.
Be mindful of this in your trading right now. No one can predict when the move down will happen, but it will. It's 1000 points away so expect some big moves.
I anticipate a trend from the open any day now, if not today.
GBP / USD I see market try to push price to top border.I think market gonna brake top resistance level becouse of lot buyers at this zone.
USD / JPY I see not much buyers on actual zoneIn my opinion market is gona go down becouse of not seeing much buyers active. Im looking to take a sell on it.
EURUSD / GBPUSD / USDCAD / USDCHF Weekly Forex AnalysisEURUSD and GBPUSD are making short-term bullish bias before the next big drop in this case we are finishing the wave C correction move. USDCHF and USDCAD are opposite to what the XXXUSD pairs are doing meaning we are making short-term bearish moves. But on the USDCAD we are making a wave 4 pullback before the next drop and on USDCHF we are in a leading diagonal pattern corrective phase.
AUDUSD Potential Sell-OffAUDUSD is in an impulse move in the downtrend direction. Few ways to identify an impulse move - waves 1 and 4 shouldn't overlap, and wave 3 is never the shortest wave compared to waves 1,3, and 5. It's clear that we will soon see a sell-off to complete the fifth wave.
EUR/USD Short Friday 21 OctEur/Usd, went short after 5m shift candle (engulfing). Bearish trend, Liquidity done and retested. Let's see how it plays out.
USDCAD Bullish Triangle PatternWe have been dollar strong for a while now, we are trading in an impulse move so it's safe to say the bullish trend/ momentum will last for a while. We are in a 4th wave phase which is a triangle pattern, which is incomplete we still need to see wave D to E form.
A different view but still anticipating the same direction would be we are finished with wave 4 but we are now forming wave 5 as an ending diagonal pattern similar to the USDCHF chart.
AUD/USD Sell-Off Wave 5Price is trading in a bearish trend it's safe to say we will continue selling off but we could potentially see a pullback before the sell continuation.
USDCHF Bullish Wave Triangle CorrectionUSDCHF will most likely continue to rise meaning that the main objective is the Bullish direction, I wouldn't consider taking the countertrend move even though it's optimum but not worth it. It's safe to wait for a Triangle correction pattern completion before buying still keeping in mind the fact that waves 1 and 4 never overlap.
EURCAD Price Trades In A Zig-Zag CorrectionPrice is in the first two phases of an impulse move, it would be wise to wait for the wave 2 completion before considering the rally as wave 3,4 and 5. Wave 2 in this case its a Zig-Zag Correction expecting it to reach onto the 78,6 Fibonacci level. If price does definitely reach that level that would offer great entry points for wave 3 rally.
EURCAD Alternative CountEURCAD is in an interesting situation where we have alternative scenario, where in the short-term they are indicating the same direction but in the long-term are different. The idea is we have a zig-zag correction and also a leading contracting diagonal pattern.
Zig-Zag correction pattern we will see price break below previous low to make new lows, suggesting long-term bearish trend.
Leading Contracting Diagonal pattern suggesting we will make short-term bearish move to complete a corrective pattern as motive waves are always followed by corrections. With that in mind we cant make new low or break old low that would only invalidate the Leading Diagonal scenario.
What are your thoughts?
EUR/USD Long Opportunity Looking at long positions on EU to claim the BSL sitting above as we have claimed a lot of SSL and I think a pullback is due entry is based on the 15min FVG Fill and SL is just below the SSL and PL. TP is the first major BSL risk reward is 1 : 3.16. Please give feedback
