IDEA
EURCHF SELLIt is important to remember that trading in any financial market carries inherent risks, and it is essential to develop a sound trading strategy and properly manage your risk in order to minimize potential losses.
CHFJPY | BUY THIS NOW? OR WAIT?Hey Traders!
Multiple timeframe trend is bullish, also on a higher timeframe channel, recently broke past the resistance, maybe a pullback to the moving averages could be expected if more bullish pressure shows could be a better entry opportunity, but it also recently crossed an important level zone on the 4h which does suggest continuation movement to the up-side, so you could also enter straight away.
AUDUSD | LOOKING LIKE A GOOD SELLHey Traders!
The market is showing a strong bearish trend on the higher time frames, with price action surpassing the weekly MA 20. The daily charts are also indicating a downward trend, with price trending below all moving averages and headed towards breaking below MA 100. This indicates a strong possibility of a further drop, particularly given the positive initial jobless claims data for the US. We might experience some rejection of the support but the overall setup is looking favourable for further downward momentum
USDCAD | BUY THIS PAIR NOW?Hello Traders!
Hey everyone Initial jobless claims came out positive for the US dollar, we should see a continuation push towards the upside inside the bullish channel, we are covering the two moving averages and are in favourable position to re-test top, potentially even break into a new high for further profit. This trade becomes ideal if we get a 4h bullish engulfing candlestick in the next 25 minutes. 😎❤️
AUDNZD | I BELIEVE IT COULD BE A GOOD SHORTHey Traders!
This pair shows strong bearish market moves. On the weekly chart, the price is moving between the MAs, and it has broken out of the daily channel. On the 4-hour time frame, we can see that the price formed a bearish engulfing candlestick and broke past all of the moving averages, including MA 200. This is a great confirmation from a higher time frame that the price could continue to fall. Now, we have a possible HTF re-test zone that is approximately 35 and 40 pips away. At night, however, we will get news regarding AUD GDP, which will definitely affect our trade.
USDCAD | SHOULD CONTINUE TO GO UP! Hey Traders!
I believe we have a good shot for some more bullish pressure, we are still in this bullish channel, CAD GDP came out with negative numbers we should see CAD losing strength, against dollar. We haven't broken yet the 1h 50 moving average if we do this trade becomes from good to great, otherwise, a stronger pullback could happen 🔥 ✅
AUDCHF | DOES LOOK LIKE IT COULD BE A GOOD SELLHey Traders!
🔻Potential SELL setup for: AUDCHF
👨💻 Technical: Strong channel down, bearish engulfing candlestick developed and making new lows, does suggest further continuation of bearish pressure.
🎯 For an ideal entry: You could risk and enter now, or ideally wait for a pullback back to the moving averages and look to enter there, giving you a great risk reward, however GDP for AUD late at night so be careful.
Market Bias & Top Stock Watches - 2/28/2023 - NeutralBias: In a range between 396 and 402, leaning bearish.
Top Watches: Long - GOGL, HIMS, ZM, VTNR. Short - OLPX, KDP, DISH, TGTX.
Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
IMXUSDT - BULLS TAKING CONTROLIMX bounced from local support and bulls are getting stronger hour by hour and now we are expecting a 15% upside. So trade accordingly
AUDCHF | Could be a good short tradeHey Traders!
New 4h hour low with a bearish engulfing candlestick does suggest further bearish momentum, overall direction is also bearish, a clear direction towards the daily or weekly support which is around 120+ pips, if broken then take profit 3. 🔥 ✅
USDCAD | BUY AFTER IT PULLSBACK FOR CONTINUATIONHello Traders!
🔻Potential BUY setup for: USDCAD
👨💻 Technical: Trending up nicely on all timeframes, currently on a bullish channel if the news does not affect USD too much I expect a continuation to re-test previous higher timeframe resistance levels.
🎯 For an ideal entry: Best scenario if it manages to pullback to the ma's nicely and start showing bulls coming back to the market whether with a bullish hammer or engulfing candlestick, after the pullback it would be a good risk reward.
EURUSD | WAIT FOR PULLBACK THEN LOOK TO ENTER SHORTHello Traders!
🔻Potential SELL setup for: EURUSD
👨💻 Technical: Okay so a pullback is definitely happening, however it could bounce off the 20 moving average rather then top of the channel, so it touches MA you could look for entry if you get a candlestick confirmation.
🎯 For an ideal entry: I still believe the ideal entry would be somewhere in between two moving averages maybe even the top of 50, that would have a strong resistance level, and would give best risk reward.
DXY 26th feb Lets talk about the DXY we have a HUGE possible move coming for this index the question really is what direction will it travel?
overall we have broken structure to the downside on our daily timeframe but since then we have been bullish!
The point we are currently at we have a lot of downside potential or on the over hand a lot of upside potential... Currently we've got the area of supply we sit in now stopping us from shifting up to our next supply... will it also shift us into a down move? only market open will tell us!
be sure to watch this index as it will dictate alot of moves this coming week!
not forgetting we have high impact news for the USD coming aswell...
Remember guys, if you like this idea, hit that boost button. Drop us a comment down below. Let us know what you think.
As always guys trade safe, stick to your trading plan.
I hope you all have an amazing trading week.
XAUUSD SellGOLD (XAUUSD) is in selling mode DXY (Dollar Currency Index) is rising. I think GOLD may rise to 1820 - 1825 then falling will be expected.
BTC Long Do Your On Research. Today my idea about BTC Long. I Am 80 percent sure market will react the same.
Rather better.Nice Sunday,
Just better and closer look to rage of candles.
It has nice match, so let's monitor this price action further.
Always with care and ready,
Emvo.
*This is not any financial advice.
AMZN (AMAZON BUY FOR LONG TERM)NASDAQ:AMZN
HI , TRADER'S ..As per Price Action Analysis in one day TF
Price is near to make double bottom , Entry of buy after confirmation of double bottom
Target for buy will be upper resistance
❤️ Please, support my work with follow ,share and like, thank you! ❤️
P2P | SPX - Mark upHey there trading family, just wanted to drop a few transparent pieces relating to any recent posts about #DXY.
As I mentioned, I am overall bullish on the #dollarindex due to numerous reasons I explained in the videos. This mark up on SPX was on of the chart ideas I had from this previous week and my long term analysis was correct!
So going over this trade, I'm simply using opposing forces combined with some #smt #ict knowledge of time and price (for the most part) and forming an idea around what SPX could proceed with next week.
Now for the record I don't normally trade SPX so this was a step out of my comfort zone. I wanted to post it to show that, becoming a great you must accept loses, so in my mind I'm already thinking "this could go horribly right or beautifully wrong" lol but either way I'm okay with the risk so I would be okay with the trade.
In conclusion I believe we will see SPX continue to fall but only in correlation to the dollar index. This mark up is more set on a long term Q by Q play so I will update the trade periodically!
& No more disclaimers, I expect everyone who follows the channel to be wise enough and financially competent to trade at their own risk.
Love yall, trade well, and make it your mission to put the work in all 2023!
EU Looking to move to the upsideAfter News on 2/24/23 and After Top-Down analysis i'm looking for EU to move to the upside on 2/27/23
This is not trading advice or a signal!
The Website should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions.
Inflation Data was a catalyst to Pullback for Liquidity/+ >PriceWell it appears that inflation helped price pullback to 1.079. Price didn't spend much time up there , less than an hour on tuesday , when data came out. ever since we have bears from last week reappear. momentum is strong because of unexpected nfp data, cpi was expected, positively declined , if that makes sense. price is showing us relentless selling pressure. i mean the price is currently holding up a weekly candle top wick that measures 123 pips which isn't unusual but significant. Price has only gone 24 pips below weekly candle open. It is likely we see a larger range created to the downside. current price 1.06596
NZDCHF | COULD BE A GOO SELL NOWHey Traders!
NZDCHF seems pretty bearish at the moment, overall direction is down, and likely going to re-test the previous bottom level that's about 30 pips, but if the pair manage to break the daily support, we will see this pair plummet further.
EURUSD | ENTRY NOW TO RISKY WAIT FOR PULLBACKHey Traders!
Recently EURUSD has been very bearish and we bank a significant amount of pips already, however, we are approaching a daily support zone, it also is likely to bounce of the 4h channel, I expect some bullish pressure there to push the market back up towards our moving averages. If and once that happens we can look for a selling opportunity with any bearish price action candlestick formation to confirm the trade.
Overall very bearish, just need a push exhaustion cycle before we can continue to be on the safe side and take this trade further.
