The U.S. Dollar Index is still weak last week.The U.S. Dollar Index was still weak last week, falling below the 92 integer, and trend is still downward in the future.
H4
NZDUSD is still in the ascending channel.The New Zealand dollar is the strongest currency in the past three months. It fell back after reaching 0.7104 at the highest level last week. It closed at 0.7035 on Friday, still above the 0.7 integer.
By technical analysis, NZDUSD is still in the ascending channel. It is recommended that when the price falls back to support, buy NZDUSD.
AUDUSD is still in the ascending channel.Recently, the global market has obvious risk sentiment. The rise in securities indexes and commodity prices, especially the rapid rise in copper prices, has led to the appreciation of commodity currencies. Therefore, fundamentals have helped the Australian dollar to appreciate.
By technical analysis, AUDUSD is still in the ascending channel. It is recommended that when the price falls back to support, buy AUDUSD.
NZDCAD at OverboughtNZDCAD at Overbought Area Now. We have seen it is showing divergence condition In RSI and Momentum indicators. Anyone can find a sell signal from this area. Based on the candlestick pattern.
Thanks.
gbpjpy h4 long position As i saw in daily time frame market is bullish now so i expect a retracement then go up as movement wave
but in h4 time frame i have a ez target witch is 100% of previous wave and high of one of channels
it would be happen in 70% in my Idea
actually Good sl is too far so . We are going to exit if price went down from this channel
my strotegy is based on
Fibonacci
support and resistance lines
Trend line
Channel lines
multi time Frame analysis
and Good money management ( 1/3 Risk/Reward )
Confirm from indicators
market sentiment
fundamental
Good luck
#TradeWithMky
♥
gold symmetrical triangle. ABC or 5 wave gold has made symmetrical triangle which is part of trend started from 1848. We can expect higher high . White horizontal lines gives us more confirmation on valid breakout. It could be abc correction or 5 impulsive wave but three wave being common in both case.
btc short swing / hedgebtc facing weekly resistance for camarilla. and monthly pivot. just below 200ema 4hour. and soon H4 prints TD9 SELL
200930-01: SELL NZDUSD on H4Breakout up channel
Re-test channel and keylevel @0.66
False breakout and created HH candles.
Sell @0.6685
TP1: 0.65295
TP2: 0.6398
200930-03 SELL AUDCHF on H4Price broke falling wedge and re-test it
it was re-tested major resistance level @0.65997 and got a rejection on H1 with engulfing pattern.
sell @0.6584
TP1: 0.6502
TP2: 0.6436
200930-02: SELL EURGBP H4Price move in downward channel, touch upper channel.
Pinbar tested and got rejection at minor key level @0.9148
sell @0.9133
TP1: 0.9084
TP2: 0.9
Chart Pattern on BTCUSD/BitcoinBitcoin has touched its chart pattern support in H4. and it is showing a Flag in M30. It is a buying position till the TP zone but, After breaking Fibonacci RETRACEMENT 1 , it is going to be a buying position with low risk.
EURJPY excellent sell opportunityIf we take a look at the H4 timeframe chart, we can observe that the price broke through an area of support and came back to retest it. When the market opens, more movement in the south direction will be anticipated. Have a good trade, everyone!
EurUsd H4 Channel (Potential Sell Breakout)Good Day Traders!
By now you have probably realized that EurUsd has been trading within channel for the past few weeks. At present price is retesting the bottom of the channel along with previous support. Many Buyers will be looking at this as an opportunity especially since it is near the 200 simple moving average. However, i am not convinced that the price of this pair will go up. Most likely this is a trap for buyers for the market to push down. A break below the channel and 200 MA would signify a huge move to the downside. I will be looking for price to break below and leave the 1.1790 level and retest this support as resistance, taking a sell position. if that does not happen and price continues rejecting and starts a push to the upside i will be entering on a lower time frame on a retest of a recent price level.
GBPJPY H4 testing /1000%+ gain data for 1000+ trades since 2007 Hi All
Pleased share some back testing results on the H4 timeframe across some xxxjpy pairs, mainly GBPJPY.
By testing H4 we have access to more data in time, so this video shows testing from 2007 with over 1000+ trades , so a substantial back test in my opinion.
Entry is clear - we just follow the entry on screen
Exit is clear - 3 exit options
- Stop Loss (all of our SL's are dynamic and based from ATR - so we take into account volatility on every trade - you can still risk the same amount!)
- TP3 target based on 1:8 Risk to Reward
or lastly, close and enter on a reverse signal if this happens before the other 2 possible outcomes.
Regards
Darren
GBPUSD -> BULLI personally will open entry if the price will show it according to my Analysis. Always make your analysis before a trade.
EUR/USD SHORT OPPORTUNITY: MASSIVE PROFIT?Technical
The price has touched the major resistance level just recently. Should the levels hit the 1.19 resistance level again we may possibly see a pullback to the downside. This also means a decent chunk of profits we can expect. Please wait for the price to retest and give us more information before actually shorting a position.
Fundamental
We have seen the recent low GDP, high unemployment, and COVID cases continue to rise in the States. Which also means the dollar will continue to weaken. Fundamentally it should be a long call. Do take note of its fundamental aspect.
Do your own due diligence
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