XAGUSD SHORTThough I expect this month to end up bullish, I foresee the start of the month bearish. We are likely to have this week as bearish then an accumulation stage for the bullish move.
Have a fruitful week guys.
Cheers!
Goshort
Bearish movement in UJ ahead!In my analysis, I think there will be a large bearish movement in USDJPY. UJ have in kind of rectangle chart pattern from past few weeks. In addition to this, yesterday's candlestick closes with a tri-star chart pattern, which is a moderate reversal pattern. See the picture below and I would love to have your say on this.
BCHUSD Go ShortPullback Is done, Now it's gonna drop again.
Key Levels
Sell @ 425.00
Stop Loss @ 445.00
Take Profit @ 375.00
Use the trailing stop methods for short term trades.
A further correction is ahead $740!A further correction is ahead $740!
Thank you for reading!
Greenfield
Remember to click "Like" and "Follow" to see more articles.
Disclosure: Article written by Greenfield. A market idea by Greenfield Analysis LLC for educational material only.
This correction is not done yet $50!This correction is not done yet $50!
Thank you for reading!
Greenfield
Remember to click "Like" and "Follow" to see more articles.
Disclosure: Article written by Greenfield. A market idea by Greenfield Analysis LLC for educational material only.
Hugh Correction like 2018If we take a look a monthly timeframe we can see the same Candle Stick Pattern on 2018, the big correction begins the next month... remain 7 days to close January Candle Stick, wait for confirmation and get short 🤑🤑🤑🤑🤑🤑
USDCAD: WAVE 4 MAY END SOONafter reviewing the movement of the prices from the ending diagonal formed at the start of wave 1, it could be seen that the wave 3 retraced in the 1.618 zone ...Instantly followed by another counter wave 4 (which is still on formation). We anticipate the commencement of wave 5. We are to go short once we go below the red box. Also, I also spotted a head and shoulder pattern which is signalling reversal. I hope the market obeys.
please like, follow and comment if this idea seems good. Thank you.
HINDALCO , InsideBar , Go Short Below 146.75 Inside Bar Formation ( 4 Candle Close Under One Candle ( Doji form on 16 june )
Price Is In Supply Zone ( Tested Once )
Price Is On Resistance Zone
ADX Above 25
+DI IS Above -DI
Go Short Below 146.75
SL :- 154.6 OR FOR Aggressive ( Previous To The candle which Broke 146.75 High )
Target On Support Of Trendline
It can BREAK Trendline also So Trail Your Sl And Ride The Rally
AUDUSD ShortWe are finding resistance at the 61% fib and previious structure after breaking the uptrend line at previous daily structure. Targeting 127% extension. Alternatively traders could wait for breaks below the 1h 50ema for added confluence.
US30 NICE OPORTUNITYUS30 is making a divergence on H4 as you can see, and after price reaches 61.8 on fibo levels (daily), it might form a bearish trend!
If your analyse matches mine, feel free to enter in the transaction after confirmation !
Wish you many pips
PS: Thank you very much that you support me with your likes and Comments!
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
AUDUSD #Forex #ForexTrading #ForexTrader #ForexChartnice shorting opportunity, pull back to structure
AUDUSD, 240, SHORTIf you missed the downtrend at the beginning, you still have an opportunity to enter the trade now.
MAs show AUDUSD strongly continue go short until it touches the support line.
And big red candle just formed passed the support line at 0.75940 which is the signal to enter the trade.
Bearish Signs Appearing for IOTAIOTA had a good run in the past week. Went up from $0.40 to $0.85.
Charts signal lower volumes and more sell than buys, VFI is bearish and the peaks are lower than previous ones.
GBPJPY: Harmonic Move 6:1 RR?!The GBPJPY has just bounced off the 61.8 Fib retracement and its on the way down!
If you take a Fib. Retracement on the pullback itself, you would find the 161.8 retracement level coindentally coincides with the previous impulse wave!
Let me know what you think guys!
NZDCAD! Strong Breakdown!Hey guys! Been so busy with stuff that I haven't got the chance to post! I found a really really strong H&S setup where the trend is about to break!
This is what it looks like on the 4H chart:
What influenced my decision:
-Strong trend on 4H
-Price failed to make a higher high
-H&S pattern shows up
Good luck guys! May the pips be with you!
GBPJPY: Double Top + Bearish Engulfing Combo!After last week's surprise drop in the GBPJPY for me, a new opportunity has opened up!
A double top has formed right about here! and the Weekly candle the previous week has closed, creating what seems to be a large Bearish Engulfing Pattern covering the previous 3 weeks!
Weekly Chart:
Furthermore, price on the Daily has rebounded off a major resistance, which would probably point towards a trend continuation.
Wait for the retest guys! Dont touch it till it does!
Good luck guys! May the pips be with you!
GBPCAD: Head and Shoulders PatternHey gang! Found a good Head and Shoulders Pattern right here on the GBPCAD!
Head Resistance: 1.93000
Neckline Support: 1.90000
Profit target: 1.87000
Its a 300 pips profit!
This is my strategy for trading Head and Shoulder Patterns. Take it with a pinch of salt! If you have any recommendations on how I can improve, please do comment here! :)
When to enter:
AFTER it breaks through neckline, it should retest the 1.90000 Resistance level again.
My entry:
66% of my position will be in 1st Position
34% of my position will in 2nd Position
My exit:
SL at 1.90600 (60 pips)
1st TP: 50% of the pattern (150 pips) at 1.88500
2nd TP 90% of the pattern (270 pips) at 1.87300
What I learned from H&S so far:
If the right shoulder is shorter than the left shoulder, the pattern is stronger
If the right shoulder extends further than the left shoulder does, the pattern is stronger
H&S Patterns have a 75% - 80% chance of succeeding (assuming it breaks through neckline)
Good luck guys! May the pips be with you!
GBPUSD: High Probability Double Top?Hey gang! Found quite a high probability Double Top right here on the Daily Chart!
1.46664 Major Resistance level has held and a bearish bar has come!
What influenced my decision:
1) Weekly chart shows a downtrend
I will only take trades that follow the general trend.
2) Price retracement has reached the previous low of the impulse wave on the Weekly Chart (1.46664)
This represents a strong resistance level
3) Major Resistance level held at the same level, creating a double top formation.
NOTE:
Guys, please, wait for the price to break through the neckline first. Many traders always seem to trade before it breaks due to greed and end up losing.
A Double Top formation only has about a 35% chance to break through the neckline. When a Double Top breaks through, it results in a 73% success rate.
Which is better? I think its pretty obvious.
Good luck guys! May the pips be with you!
GBPUSD: Retest of Major LevelHey guys! Found a good retracement back into the resistance level inside a channel! Good short all the way down to the end of the channel maybe?
Good luck guys! Let me know how it turns out!
Oh yeah! There is a volume divergence on the 15 min chart! Just more info to give a clearer picture :)
NZDUSD: Fresh Potential Double Top!Hey guys! Its been a while :) found a double top pattern on the NZDUSD yet again! Trade below the neckline! Don't sell before it!
Let me know what you think!
Good luck everyone! :)
EURJPY: Descending Triangle ContinuationHey guys! Found a descending triangle continuation pattern on the EURJPY! Always remember to wait for the close BELOW the Descending Triangle before trading! :)
Good luck guys!
Oh, and I would really appreciate if you guys could give me a follow! Do share your thoughts with me! It will be a great learning opportunity for me to improve in my analysis skills!
NZDUSD: The Retesting of Two Big LevelsHey guys! NZDUSD has been retracing and it has retested a big trendline's resistance and the Double Top pattern that I found a few days earlier! This means it might be a good short should it rebound! Currently waiting for the 4H candlestick to show a rebound before I enter!
Good luck guys!
For those wanting to see the retracement happening on the Hourly chart:
EURUSD: Descending Triangle ContinuationHey gang! Whats up! Normally I would be wary of retracements on the Daily Chart, which leads to kind of a big move on the 1H chart! But hey, I found a descending triangle continuation pattern coming up! So hopefully this should net you a good short for those trying to get back into the current trend! :)
Good luck people! May the pips be with you!
