HTF
GBPJPY 9-13 August Trade PlanGBPJPY
GBPJPY 9-13 August Trade plan
Monthly structure still holding bullish structure with previous 2 months bearish close respecting 152.00 key level.
Weekly continuing the bullish momentum after 23 July solid close. Still we are trading below 153.66 28 June resistance formed due to 17 May support at 154 key level. Weekly is showing potential for more ups side to retest the 153.66. A close above will indicate a new HH is formed and possible continuation to Yearly High at 155.70.
Daily structure still bearish with LH/LL formation, trading below 1 July resistance formed at 153.56 due to the support formed on 14 May at 153.70. August 3 formed the first HL since 1 July at 151.67 bouncing from the daily zone at 151 key level. A close above 153.70 will give the opportunity to test the highs at 154.43 and 154.85. On the other side a close below 151.67 current daily support and resistance formation will confirm that bearish momentum still in play and testing the lows at 149.50 will be in play.
4H Structure is bullish with HH/HL formation. but currently at a very tough 4H range support at 153.42. A close above will give the opportunity to push to retest 153.70/80. Failing to hold above 152.57 and a resistance formation will possibly push to 152. A close below 152 will be a trigger for me to Short targeting 151.60/151.20
News: mainly important ones are on Tuesday and Thursday.
GBPJPY 9-13 August Daily OutlookGBPJPY
GBPJPY 9-13 August Outlook
Monthly structure still holding bullish structure with previous 2 months bearish close respecting 152.00 key level.
Weekly continuing the bullish momentum after 23 July solid close. Still we are trading below 153.66 28 June resistance formed due to 17 May support at 154 key level. Weekly is showing potential for more ups side to retest the 153.66. A close above will indicate a new HH is formed and possible continuation to Yearly High at 155.70.
Daily structure still bearish with LH/LL formation, trading below 1 July resistance formed at 153.56 due to the support formed on 14 May at 153.70. August 3 formed the first HL since 1 July at 151.67 bouncing from the daily zone at 151 key level. A close above 153.70 will give the opportunity to test the highs at 154.43 and 154.85. On the other side a close below 151.67 current daily support and resistance formation will confirm that bearish momentum still in play and testing the lows at 149.50 will be in play.
COMP HTF WonderCurrently watching 1hr swings build momentum.
should structure hold, we've been in a major accumulation channel a very many months.
Trading Disclaimer:
All trades and ideas posted from this account, including setups, are given for educational purposes only. 95% of trades never win, and instead realize losses. Trading involves risk, there are zero guarantees that you will win any given trade, including this one or others related to it or this account. If you follow any setups, you do so at your own risk, taking full responsibility of any actions and / or outcomes. Nothing posted is to be taken as financial advice. The information and opinions presented by this account should not be construed as investment or trading advice, and is not meant to be a solicitation or recommendation to take actionable trading on any asset, cryptocurrency, securities, or any other tradable digital asset.
All content presented is for entertainment and education.
No Financial Advice.
Past performances are not a guarantee of future outcomes and or results: trading involves strategizing probabilities, there are no expectations on any given trade.
Always do your own research and consult a team of professionals from finance and law before proceeding with any type of action in personal finance.
All information provided by this account is a general market commentary and does not constitute investment advice or financial advice. None of the information communicated in this accounts tradingview publishings are financial advice and/or incentives, solicitng, advertising, manipulation tactics, and any other malicious behaviour - no, solely for entertainment purposes ONLY.
Coffee Boy of CL .
BTC HTF new layoutNew layout format for journalling trade progress; instituting a new system of trading under mentorship.
who isnt watching 36k.
Trading Disclaimer:
All trades and ideas posted from this account, including setups, are given for educational purposes only. 95% of trades never win, and instead realize losses. Trading involves risk, there are zero guarantees that you will win any given trade, including this one or others related to it or this account. If you follow any setups, you do so at your own risk, taking full responsibility of any actions and / or outcomes. Nothing posted is to be taken as financial advice. The information and opinions presented by this account should not be construed as investment or trading advice, and is not meant to be a solicitation or recommendation to take actionable trading on any asset, cryptocurrency, securities, or any other tradable digital asset.
All content presented is for entertainment and education.
No Financial Advice.
Past performances are not a guarantee of future outcomes and or results: trading involves strategizing probabilities, there are no expectations on any given trade.
Always do your own research and consult a team of professionals from finance and law before proceeding with any type of action in personal finance.
All information provided by this account is a general market commentary and does not constitute investment advice or financial advice. None of the information communicated in this accounts tradingview publishings are financial advice and/or incentives, solicitng, advertising, manipulation tactics, and any other malicious behaviour - no, solely for entertainment purposes ONLY.
Coffee Boy of CL .
GBPJPY 2 - 6 August Outlook
1- Monthly structure still bullish even with the resistance formation at 155.63 as long we hold closes above 151 we will challenge the highs again. Anticipating August candle to wick down forming a support on Daily and 4H for testing the highs at 153.40 and above.
2- Weekly structure is bearish and a close above 153.65 will give the opportunity to continue the monthly bullish structure.
3- Daily structure still bearish with LH/LL formation, holding support above 152 will give the opportunity to challenge 153/153.65 for bullish continuation. A close back below 152, will invalidate the bullish move and a possible retest to the lows created at 149.50.
4- 4H structure solid bullish with HH/HL formation.
I've 2 Scenarios as following:
Scenario 1: Bullish
Holding support above 152 will give the opportunity to retest the 153/153.65 and with a close above will indicate that we had formed HL on daily which will target the 154/154.50.
Scenario 2: Bearish
A close below 152 will be the first sign of rejection, a lower resistance formation below will confirm the daily bearish structure continuation and the lows created at 149.50 will be in play as targets.
Also note that we have important news almost everyday for JPY and GBP, so please map the news and set alerts.
Good luck all, wishing everyone a good trading week.
Long on US30This idea shows my anticipated new all time highs on US30, The key is to get on a higher time frame, make analysis and enter on small time frame to increase the RR.
However, in this idea, the RR is almost 1:1, but if you are familiar with important market concepts you can reduce the stop and increase the RR on this trade.
I am still long on US30 until I see a confirmation for short because i see a series of All time highs on all index and after most of the retail traders will have long bias,
The much awaited crash will take place..
**This is no financial advice, Just analysis**
28 July - GBPJPY Trade Plan28 July - GBPJPY Trade Plan
Session Bias: Bearish
Daily: Bearish
4H: Mixed
30m: Bearish
- Daily formed resistance at 152.50
- 4H resistance at 152.55 is still rejecting a close above will push for retest of 153.13 /.40
- 1H solid bullish structure with support at 152.20 and 151.84
News
19:00 FOMC Statement
GBPJPY
$LINK: Pitchfork check in#Chainlink has been respecting this log pitchfork that we've drawn for months and months now. We recently flirted with the bottom 2.0 deviation. And we're now bouncing back from pretty big previous ATH support. I'd really like to see the price get above the green box, and above that lower 1.5 prong.
I wouldn't be surprised at all to see a more clear double bottom formed on the daily? If we re-tested that lower 2.0 prong? It would probably be the exact same price as the last low?
Either way. $LINK at these prices is a generational opportunity. I wish I had more capital to invest, but I'm stacking what I can. Don't worry marines. We're literally all going to make it.
GBPJPY 5- 9 July Weekly Outlook and Trade Plan - Daily ChartGBPJPY
Previous Month : Bearish
Previous Week : Bearish
Previous Day: Bullish
Weekly : Still reacting to the formed Year High reached and the Weekly resistance formed on Jan 2018 but holding bullish weekly structure with June 21 Support formed.
Daily : Structure is solid bullish respecting every zone created during the bullish run since March 2020. currently we are holding support above daily zone low at 151.24 where price formed a solid support trying to push again to the 155 year high, but failed to hold above the broken support at 154.60 forming a lower high. On a daily short term view we are looking bearish with LL/LH formation. If we managed to close below 152.70 a retest to the lows at 151.50 is expected with more potential to extend the move down further.
A close above 154.00 will give the opportunity to test the broken support at 154.80 and 155 level. Holding support at these levels will indicate that retracement from the Year High is finished and we can expect a new year high to form after reaching 156.
4H : Structure still showing LH/LL formation which is keeping GBPJPY to the down side. With the completion of a TOL/Retest of the broken daily support at 154.20 and a resistance formation below will open for more down side.
No Major news for GBP and JPY during this week, but we have the G20 meeting on Thu and Fri, so would expect markets to have some reactions with any news coming out from there.
COT report showing GBP Longs are decreasing during the past 12 weeks while JPY Shorts are still strong. That will keep GBP/JPY to the upside.
GBPJPY 5- 9 July Weekly Outlook and Trade Plan - 4H ChartGBPJPY
Previous Month : Bearish
Previous Week : Bearish
Previous Day: Bullish
Weekly : Still reacting to the formed Year High reached and the Weekly resistance formed on Jan 2018 but holding bullish weekly structure with June 21 Support formed.
Daily : Structure is solid bullish respecting every zone created during the bullish run since March 2020. currently we are holding support above daily zone low at 151.24 where price formed a solid support trying to push again to the 155 year high, but failed to hold above the broken support at 154.60 forming a lower high. On a daily short term view we are looking bearish with LL/LH formation. If we managed to close below 152.70 a retest to the lows at 151.50 is expected with more potential to extend the move down further.
A close above 154.00 will give the opportunity to test the broken support at 154.80 and 155 level. Holding support at these levels will indicate that retracement from the Year High is finished and we can expect a new year high to form after reaching 156.
4H : Structure still showing LH/LL formation which is keeping GBPJPY to the down side. With the completion of a TOL/Retest of the broken daily support at 154.20 and a resistance formation below will open for more down side.
No Major news for GBP and JPY during this week, but we have the G20 meeting on Thu and Fri, so would expect markets to have some reactions with any news coming out from there.
COT report showing GBP Longs are decreasing during the past 12 weeks while JPY Shorts are still strong. That will keep GBP/JPY to the upside.
EURNZD - 31 May to 4 June 2021 Weekly Trade PlanEURNZD
This is my 31 May– 4 June 21 Week Trade Plan for EURNZD
Glad that i'm back after a long break again to my favorite habit "Charting"
Previous Month : Bearish
Previous Week : Bullish
Daily : Bullish
- After creating new high at 1.7020 resistance, EURNZD couldn't hold a support above the resistance zone 6980/7020 along with previous week news on Wednesday that leaded for more NZD strength pushing the price into the tough ranging zone 6800/6680.
- The current drop in EURNZD still holding above the solid support zone 6650/6600 which could lead to a range plays from lows to retest the highs at 7020.
- COT report still showing that NZD longs are firm and at the highest of the year and shorts are still weak, which means that i do expect EURNZD to maintain the bearish momentum and continue it's down move and any spike in price up reaching a solid resistance level/zone is going to get rejected and will give a solid opportunity for Shorts.
- Seasonality showing that NZD will weaken till mid May and strength till end of May continuing into June to create new NZD highs which will lead EURNZD to create a new low.
- Technically, i'm looking for EURNZD to still range between 7020/6650, which makes me look for longs from range lows and shorts from range highs as long no break and support/resistance formation above Sup/Res zones marked.
- On Friday, RBNZ Gov Orr will have a speech on London session open which will cause NZD to be volatile, so taking cautious at that time will be recommended.
Daily Chart:
Weekly Chart:
Monthly Chart:
XRP/USDT - Did YOU Spot the Incredible Entry?!📈These long term levels still holding in crypto.
XRP crashed down to 70 cents, a key previous resistance level several times.
A long wick was left behind as investors flocked to buy XRP back up.
We are currently testing the 1$ mark looking to push higher as the crypto resurgence continues!
Did you catch this entry?
GBP/USD - CRUCIAL Level in Price. Where are we heading?!🤔We are currently testing 1.42 yet again on this pair.
A potential long term double top formation has occurred. Will this, coinciding with the 1.42 whole level be enough to turn the tide on this pair and put USD bulls back on top?
Always zoom out to the HTF and mark key long term levels - then scale down!
LONG QSP/BTC MACRO BOTTOMHere we have a huge IH&S on QSP/BTC. I have had a phenomenal success rate with this pattern. Currently at the range low, fantastic buy for a mid/long-term swing trade. Project looks to be good with some solid backings from reputable companies.