EUR/AUD SHORTOANDA:EURAUD
We have a strong confluence of liquidity below our SL and then it will drop down to the support area created in higher timeframes
H1
xauusd idea, h1OANDA:XAUUSD
xauusd trade idea tf h1. this trade idea for self backtest only. i am not responsible for any loss in audience trading by following this idea.
23/01/23 Weekly outlookLast weeks high: $23381
Last weeks low: $21882.5
Midpoint: $20384
BTC continues in a strong bullish trend after concluding another week of upward movement.
Last week I stated that the 0.75 (~20.4k) line was a key area to look out for as if it were to be lost and confirmed as resistance, BTC would start to look bearish. However, this area was tagged (and a strong reaction off it enabled a strong rally thereafter.
Bitcoins pattern of strong rally's followed by a consolidation period of sideways movement has happened 4 times now this calendar year already, who knows if this pattern will continue.
My prediction would be to fill the FVG down towards 21.7k before any further continuation long
GBPJPY signal: sell view to 156-155.6GBPJPY sell 156.666-157, sl 157.5, TP 156-155.6
Technical analysis is based on AC + fibonacci retracement in H1 timeframe
GBPUSD Shorts (H1)Lower high/ supply zone multiple retest and strong rejections. Price retesting /w retracement and then plummets.
Waiting for sell signal H1, goldI'm waiting for the channel to break.
Entrance: after breaking the channel, around 1790.
TP: first at 1770.
P.S.
This is not financial advice of course
12/12/22 Weekly outlook Last weeks high: $17425
Last weeks low: $16668.5
Midpoint: $17047
BTC ranging between these levels. Last week every first attempt to push past a key level failed on first try with a reaction off the line for both Longs and Shorts.
I expect more ranging throughout the week with reactions at the key levels similar to last week, with price tending toward the midpoint before any significant move for the bulls or the bears.
AUDNZD Shorts (H1)Huge Shorts incoming for AUDNZD, H1/H4. First target is 1.07, when H4/daily support zones for next targets.
Lower highs formed, and price has been ranging, though on multiple occasions with strong rejections from supply/res zone. Bears are dominating and will push the price further down.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
AUD/USD Broken The TrendlineAussie H1 has penetrated the trendline and potentially weakens towards the classic support at 0.6584 as long as it doesn't penetrate the resistance at 0.6671.
XAUUSD ON FLAG PATTERN?Still aiming for sell direction for GOLD as price creating possible flag pattern for sell direction.
Trade at your own risk! ~Junn
XAU/USD Rebounds Again!• On the H1 chart, you can see that XAU/USD found support just beneath the downside line of the channel. Only a false breakdown and an upside turn were registered. It tested the S1 (1,706) static resistance (support turned into resistance).
• It has formed a flag pattern in the near term, which is considered a bearish formation. Major uphill challenges are represented by 1,711 and the downtrend line.
• "Keep it Simple", Good Luck!
EUR/CAD - Ongoing Short BreakEUR/CAD - Ongoing Short Break
> Bullish Trendchannel broken to the downside
> last higher low invalidated
> POC above current price
> Small bearish trendchannel established
EUR/CAD is the mirror image of CAD/CHF (which in turn looks long).
The current market environment is rocky, so use proper risk management if you position yourself in the short direction.
AUDcad Short H4 Double TopSeeing that AUDcad seems to be failing to close above recent highs.
It appears that AUDcad was losing bullish momentum.
COT data reported a weakening AUD and a strengthening CAD.
Market came to test dynamic Daily Resistence. The test seems to have apprached the resistance in a rising wedge/flag correction. The top of this inner corrective channel formed a Double Top on the H4/H1 timeframes at its own resistance trendline. This appears to be enough confluence to consider selling AUDcad at this point.
Use the discretion of your own entry strategies to confirm any possible entry opportunities that you may find. as for me.
EUR/AUD: Higher high mit heavy VolumeEUR/AUD: Higher high mit heavy Volume
- overaching upward trendchannel
- break of bearish pullbak
- POC high volume below current price
- Break of Structure & Change of Character
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AUD/JPY: H1 Ausbruchs/TrendtradeAUD/JPY: H1 Ausbruchs/Trendtrade
- inner downward trend breakout
- first HH outside of structure
- High Volume POC below current price level
- inner upward trend established: HLs und HHs
Upward momentum intact. Targetting the outer downwad channel trendlinie
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Cardano/BitcoinBitcoin has dropped enough. Now is the time to buy Cardano because it is supported at this price
EURJPY Longs (H1)Break of Bull flag holding current support zone at HL. Lots of room to move and potentially breaking the hourly highs at the top, going further.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
XAUUSD H1 make Head and Shoulder Gold in important zone, if gold can break last support, gold can countinue to down trend.
NZDUSD Longs (Bullish Intraday H1)Second retest of support and a sharp volatile rejection, holding the area with increased bullish momentum. Targeting the previous highs for R of around 1.5/2. Could retain small lot positions to go further to create a higher high on H4 TF.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
QM EURGBP in H1 If price come to complete right shoulder We can open one more position around 0.8325
golden trend line zone 1780 to 1880 time to being bull again ?gold price is making series of higher high and higher low on H1 time frame along yellow trend line zone
resistance 1850, 1877,
support 1780 at the time of writing
1753, 1721 and 1677
bearish on breakout of trend line
sell on retest of trend line or side way correction
support 1753, 1721, 1677
bullish as long as price is trading above yellow trend line zone
@anshitjainrotract2k17 thanks for your feedback
