GBPUSD (Potential Short)Looking at possible short from 1.37731 with TP 1.36745 with SL at 1.37983 ( R&R 1:3.9 )
H4
USDCAD H4 (Potential Long)Hey! This is my first Analysis. Free feel to share your opinion. I am waiting USDCAD pullback to Support area which is 1.24891. TP will be 1.26467 (Resistance area) & Descending trend line
Entry: 1.24891
SL : 1.24578
TP: 1.26467
R&R: 1:5
Thank you
My analyse on GBP/JPY ... NO SIGNALwe can go on a long position if the flag pattern breaks from the top
AUDJPY H4 --- Watching for a POTENTIAL LongLooking to long once Scenario 1 plays out! Do not enter long after breakout of resistance (as shown in scenario 2. We need to wait for a retest first of a HIGHER LOW above that key level of resistance to look for longs). Observation only.
Trading Idea - NOT an Investment Opportunity!
GBPCAD H4 - SHORTLooking for a double top formation at a resistance zone, for confirmation that prices are bearish.
Execution technique:
1. Look for bearish engulfing candle, inside bar break down, 3 bar-reversals
2. Drop down to the lower timeframe to catch a pullback entry for better R/R.
Manage your trade!
AUDCHF - 4H BUY SETUP - IN TREND BULLISH KEY REVERSAL AUDCHF has formed a strong bullish key reversal on the 4 hour time frame.
This trade is confirmed by the strong uptrend and the strong bullish key reversal with a lower bollinger band outbreak.
TP is set at previous highs, candle body high. SL is set below key reversal low.
AUDJPY - 4H BUY SETUP - IN TREND BULLISH KEY REVERSALAUDJPY has formed a strong key bullish key reversal on the 4H time frame.
This trade is confirmed by the key reversal with a lower bollinger band outbreak and the strong uptrend.
Similar setups to NZDUSD and AUDUSD but AUDJPY and AUDCHF are stronger because they never reached previous support before forming strong key reversals.
TP at candle body high of the previous rally. SL below key reversal low.
ETHUSD Ethereum H4 ChartWatch for price action signals at horizontal key levels on the H4 Chart. Wait for a pin bar candlestick or engulfing bar candlestick to form on the H4 Chart.
EURUSD - Strong bullish engulfing long setup (D)EURUSD - Strong bullish engulfing long setup on the daily time frame.
Long term uptrend and strong lower bollinger band outbreak confirms this bullish engulfing long setup.
Great risk to reward trade. For safer entry set buy stop 3 pips above previous high.
(forgot to draw support levels sorry!)
USDCHF - Strong bearish engulfing short setup (D)USDCHF - Strong bearish engulfing short setup on the daily time frame.
Long term downtrend and strong upper bollinger band outbreak confirms this bearish engulfing short setup.
Great risk to reward trade. For safer entry set sell stop 3 pips below previous low.
My analyse on EUR/USD... No signalwaiting for a good situation to take a position. like and share if you like my idea.
AUDUSD H4 sideways shocks.AUDUSD H4 sideways shocks.
After falling back from the high of 0.7820 on January 6, the AUDUSD rebounded after reaching low 0.7563 yesterday (February 3). The current price is still above the 0.7600 integer.
Since the mid-term ascending channel (dotted line) has been broken, and the MA60 is about to “death cross” the MA200, the chance of rising in the short and medium term has been reduced, and there are already multiple resistance prices above. The larger chance in the future is sideways shocks.
It is recommended to do a trading strategy of buying low and selling high within the interval shown in the box.
Shock Range: 0.7570-0.7750
Update: Feb.4th 2021
Reliability: 5-10 Market Days
ETH is in an ascending triangle stateETH is in an ascending triangle state
Recently, ETHUSD is in an ascending triangle state, as shown in the yellow block, with a high chance of rising.
The top is currently facing resistance at 1140, waiting for an upward breakthrough.
From the perspective of major currencies, stock indexes, and commodities in the world, the major European and American stock indexes all fell sharply last Wednesday. They rebounded on Thursday and fell again on Friday. Today (Feb.1th) has also rebounded so far.
Therefore, the global capital market expects the Fed to adopt monetary easing policies.
At the same time,Today (Feb.1th) silver rose sharply, so there is more support reason for the fundamental factors of ETH's long-term rise.
From the yellow ascending triangle as shown in the figure, the opportunity for ETH to rise is very high. It is recommended to do Long Position near the lower edge of the triangle. The stop loss can be set at a price range of about 1-3% below the lower edge of the triangle.
Activists can even do a Buy Stop chasing strategy when the price breaks above 1440.
Update: Feb.1th 2021
Daily & H4 Trendline, Sell Opportunity?3 point trendline at Daily, and 2 point trendline at H4. I see that there is a possibility to sell at H4 trendline and safe exit at Daily trendline.
Bitcoin will be rise again in future.Bitcoin will be rise again in future.
(BTCUSD) Bitcoin is currently fluctuating in the triangle convergence pattern. It may continue to fall in the future and seek strong support from below before it has the opportunity to rise again.
USDJPY is still in the long-term downtrend channel.USDJPY is still in the long-term downtrend channel.
As the US Dollar Index weakens, non-US currencies will continue to appreciate, and the Japanese Yen is no exception.
On the picture, the H4 of USDJPY is in a long-term downward channel. Even if the Bank of Japan continues to block the rise, it can hardly stop the weakness of the US dollar. The yen will continue to appreciate along with currencies such as the Euro, Pound, and Australian Dollar.
USDJPY USD/JPY operation is recommended to go short on rallies, or if activists break below the resistance can be sell stop.
Jan.22.2021
Reliability: 3-10 Market Days
AUDUSD is still in the long-term uptrend channel.AUDUSD is still in the long-term uptrend channel.
The Australian Dollar (AUDUSD) fell from the high of 0.7820 on January 6 to the low of 0.7659 on January 18. It rebounded in the past two trading days and returned to above the 0.7700 integer.
From the long-term trend and the FED Chairman Powell's dovish attitude, as well as the 1.9 trillion dollar stimulus plan of the new President Joe Biden, the long-term trend of the US Dollar Index is still downward, so the long-term trend of the AUDUSD is upward.
By technical analysis, the AUDUSD is still in the long-term uptrend channel, so it is recommended to Buy operations.
As shown in the figure: it can be buy now (entry market price around 0.7740), or price falling to above 0.7650 support.
Jan.20.2021
Reliability: 3-10 Market Days.
GBPUSD is still in the Uptrend.GBPUSD is still in the Uptrend.
With the rebound of the US dollar index and the recent decline of non-US currencies, the British pound remains strong relative to other currencies, maintaining an upward trend. Currently, it faces the 1.37 integer mark and waits for a breakthrough.
In Jan.18 idea on the US Dollar Index and the EURUSD: US Dollar Index is estimated to have a chance to fall again after the inauguration of the new President Biden on January 20. At this time, the EURUSD will be rise.
Therefore, the same reason: It is estimated that after January 20, when the Dollar Index turns down, the upward trend of the Pound will be more effective. There is a chance to break above the 1.37 integer resistance. The current upper target is 1.3800-1.3860.
Jan.19. 2021
Reliability: 3-10 Markets Days
