US30 Push UP!Inanticipation for a major news today, Non Farm Payroll (NFP), we would like to see US30 push up more from where it is now.
Do well to compare with your own analysis and entry criteria.
Fxtrading
Trade idea - CADCHF Short4H
Corrective approach towards entry zone.
-27 Fibonacci completion aligning with entry zone.
= Sell limit.
Trade idea - AUDCHF Long4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Buy limit.
Bullish Fake Out flag also there as extra evidence.
1.5% risk.
Trade idea - USOIL LongBullish impulse / new HH: indication.
Inverse Head & Shoulders: Confirmation.
Clear support & resistance zone is there.
1H perspective: Corrective approach towards entry zone.
= Buy limit.
Trade idea - EURAUD Short4H
Bearish impulse: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
= Instant market execution Sell.
1.5% risk.
Trade idea - EURAUD Long4H
Bullish impulse / break of last LH: indication.
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
From 1H perspective: Corrective approach towards entry zone.
= Buy limit.
1.5% risk.
Trade idea - GBPCAD Short4H
Bearish impulse / break of last HL: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
From 1H perspective: Corrective approach towards entry zone.
= Sell limit.
Trade idea - NZJPY Short4H
Bearish impulse / break of last HL: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
From 1H perspective: Corrective approach towards entry zone + -27 Fibonacci completion aligning with entry zone.
= Sell limit.
Bearish Fake Out flag also there as extra evidence.
Trade idea - EURCAD Short4H
Bearish impulse / break of last HL: indication.
Pattern within pattern: confirmation.
Head & Shoulders, Bearish Fake Out Flag.
-68 Fibonacci completion aligning with entry zone.
Clear support & resistance zone is there.
= Sell limit.
1.5% risk.
SasanSeifi| Will Price Break Through 1.32390?Hey there, ✌ FX:GBPUSD In the 2-hour timeframe, as observed, the price started an upward move from the 1.30 level, reaching up to the previous high of 1.32390. After failing to break this previous high, the price retraced and pulled back to the liquidity level at 1.31400. Following this correction and some sideways movement, new demand emerged, and the price is currently trading around the previous high of 1.32290.
With the current momentum, there is potential for a breakout above the 1.32290 and 1.32390 levels. If the price can hold above 1.32, the upward trend is expected to continue, targeting 1.32650 next. After a minor pullback, the price could also rally towards the 1.33 target.
To better understand the ongoing trend, it’s important to monitor the price’s reaction to key levels. Key support areas in the short-term timeframe are located at 1.31850 and 1.31400. Additionally, if the price breaks below the 1.31400 – 1.31100 range and holds, the likelihood of a deeper correction increases for some time.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Trade idea - GBPNZD Long1H
Corrective approach towards entry zone.
Market moving in Descending channel.
= Instant market execution Buy.
1.5% risk.
Aiming to take full profit at Daily TP.
Trade idea - NZDCAD Long4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Buy limit set.
0.75% risk.
Trade idea - GBPAUD Long4H
Corrective approach towards entry zone.
= Buy limit.
First trade of new prop firm challenge.
1.5% risk.
Trade idea - EURJPY Long1H
Corrective approach towards entry zone.
Price moving towards entry zone in Descending channel.
= Instant market execution Buy.
1% risk.
Aiming to take full profit at Daily TP.
Trade idea - EURUSD Short4H
Corrective approach towards entry zone.
= Sell limit.
0.7% risk.
Aiming to take full profit at Daily TP.
USDCHF outlookI am not trading USDCHF (I only trade GBPUSD), but I made an outlook of what to expect for the coming weeks.
We confirmed a 30m bos which creates buying interest. Previous structure low is taken out so major liquidity is taken while mitigating from a strong demand. A break on the 1H TF would give more confluence although this has not happened yet.
If price fails to break the 1H structure, a buy order can still be placed due to the fact that m30 is broken, with the intention to rise higher.
Keep in mind that price always does whatever it wants, a liquditity run to the downside (before going up) is still possible as HTF is still bearish for me.
Target: T.b.c. as this can be a swing trade
US500 - SWING SHORT ideaPrice made a false breakout of the previous week high with a strong bearish reaction. Also, the start of the new week will probably be manipulation with distribution lower.
A great sign of weakness is when the new week candle open, makes a false run on one side with a a sweep of liquidity (many traders are trapped), and then distributes on the true side.
Trade idea - GBPCHF Long4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
=Buy limit.
1% risk.
Aiming to take full profit at Daily TP.
Trade idea - EURUSD Long1H
Corrective approach towards entry zone.
Market moving in Bull Flag formation.
= Instant market execution Buy.
0.5% risk.
LINKUSDT - Swing Short On the start of the week price swept previous week high and revert back, so I would expect to see distribution lower to fill the gap bellow.
XAGUSD - SWING SHORT idea Price made a false breakout of the previous week high with a strong bearish reaction. Also, the start of the new week will probably be manipulation with distribution lower.
A great sign of weakness is when the new week candle open, makes a false run on one side with a a sweep of liquidity (many traders are trapped), and then distributes on the true side.
Trade idea - AUDJPY Long4H
-68 Fib completion aligning with entry zone.
= Buy limit.
Bullish M pattern & Bullish Fake Out flag also there.
Instant market execution Buy.
0.5% risk.
Aiming to take full profit at Daily TP.
