GBPUSD 4H #forex #Forexsignals #learntotrade #daytrading #fxGBPUSD 4H 1-25 'Short Setup' Like 👍/Follow 👋
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USDJPY: Ranging Market & Bearish Move
USDJPY is trading within a local horizontal consolidation range on 1H.
The price is stuck between 104.1 resistance and 103.5-103.65 support.
This morning the resistance of the range was reached and on that, the price started to reverse.
With the last strong bearish hourly candle, chances are high that the price will drop.
Goal - 103.65
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USDJPY Analysis #forex #investing #daytrading #fx #learntotradeUSDJPY Daily Chart Analysis Like 👍/Follow 👋
USD short term strengthAs we've been tracking for a while, USD looks like short-term strength is confirmed leading to bullish candlestick reversal patterns on the weekly.
Expecting a continued correction of the current strong downtrend in DXY before finding some resistance at some point and continuing the downtrend for the foreseeable future.
Reward/Risk #learntotrade #daytrading #forex #forexsignals #fx Managing your Reward/Risk ratio Like 👍/Follow 👋
GBPUSD Sell OpportunitiesLooking to short from Zone 4 towards Zone 2.
If price stays near to Zone 4, looking to short towards Zone 1.
If price breaks and stays between Zone 4 and Zone 3, will short towards Zone 2.
GBPJPY - continuation breakout to the upside on a flag poleAfter a break and retest of the inverse head and shoulders a few weeks ago GBPJPY is looking very bullish with higher highs and lower lows. Right now price actions looks to be pivotal, as a major break out to the upside could lead to a Strong year for GBP.
A favourable deal with Europe in the Brexit negotiations and the fast and efficient roll out of the COVID vaccine could be seen as good arguments for a strong pound this year.
Before this i do see some volatility occuring over the next few weeks with deeper pull backs, if it can register a new higher low then im will be buying pound all the way to 175.
What we have hear is a short to medium outlook, bullish momentum following a break out of this flag pole pennant, heading up towards the top of this range created from a previous double bottom, the D2 fib extention level and up into supply at around 134.
Momentum #learntotrade #forex #daytrading #investingAnalyzing Momentum. Repetition is KEY. Like 👍/Follow 👋
FTSE and all Stocks - Don't BUY!!!! - They will plummetHello all
DuncanForex here with a trade idea - with no advertising about anything so the post will stay active.
With the power move during February 2020 (The AB Move) and then a slower retrace to the previous area of support which is now resistance.
The FTSE broke out of its downward consolidation long and is now progressing higher over the past few months to the 61.8 Fib retrace.
Don't be fooled by this Bullish move that occurred this week, the price is right in the middle of the 61.8% and 78.6% zone, it will consolidate again and i still think based on my analysis, the CD move will be completed and the FTSE will ultimately go down to 3500 area.
Price is about to touch dynamic resistance shown by the blue diagonal line which shows the long term uptrend broken at the start of the year, price is now pulling back up to this zone to then head down again.
I had shorted the market as per my related ideas below, and i now have new entrys that you can see in the picture. (if you zoom in)
I do expect a bit of sideways movement, also some stop hunting, however my analysis for me suggests all stocks are going to plummet very soon. and this is my view for the next few years.
Stay safe and safe trading
Duncan
GBPUSD Short OpportunitiesPrice fell from Zone 4 towards Zone 3.
When price stays between Zone 4 and Zone 3, will look to short towards Zone 2 and Zone 1.
GBPJPY Short OpportunityPrice tested Zone 4 a number of times.
Waiting for an opportunity to short from Zone 4 towards Zone 3 and Zone 2.
If price returns strongly into Zone 4 and Zone 3, will short towards Zone 1.
EURJPY Buy opportunitiesAfter the market closed on Friday, price came upwards from Zone 1 to Zone 3.
Zone 1 has been tested a number of times and is holding up.
When the market opens on Monday, look to buy from Zone 3 towards Zone 4.
Expecting price to meet some resistance near Zone 4.
EURUSD Short opportunitiesOn Friday, the price broke 1.22662 level and continued further down into Zone 3 (1.22135).
After the market closed, price went higher above Zone 3 (1.22135).
When the market opens on Monday, we will look for the price to move towards Zone 4.
When price stays between Zone 4 and Zone 3, will look to short towards Zone 1 and beyond.
WTI Context #forex #Forexsignals #daytrading #learntotrade #fxI look for context not perfect patterns. Like 👍/Follow 👋
EURUSD Short opportunitiesWaiting for price to stay between Zone 4 and Zone 3 before shorting towards Zone 2.
If price returns into Zone 4 and Zone 3 strongly, will short towards Zone 2 and Zone 1.
EURUSD Short OpportunitiesWaiting for price to stay between Zone 4 and Zone 3 before shorting.
If price returns strongly into Zone 4 and Zone 3, will short towards Zone 2 and Zone 1.
Will short from Zone 3 to Zone 2 if price stays in Zone 3.
GBPUSD Short OpportunitiesWaiting for price to move higher towards Zone 3.
Will look for shorts after price returns to Zone 3 strongly to short towards Zone 2 and Zone 1.
GBPUSD Shorting opportunitiesWaiting for price to move higher into Zone 3.
If price returns strongly into Zone 3, will short towards Zone 2 & Zone 1.
