CHFJPY - Easy 1000pip Trade.. Atleast!Our last CHFJPY over extended a little but it was still valid. Price dropped 1300pips from the break of our entry trendline!
We have now created a correction and looking for another 1000pip drop. There's a chance we may make a complex correction, as indicated on the chart. There is still a 1000pip drop to our first target so this one is definitely one to watch!
Trade Idea:
- Watch for reversal within the fibs
- Entry on break of trendline or you can use lower timeframe BOS or other methods
- once entered, put stops above price
- Target the recent lows as first target (165.5 (1000pips)
- Make sure to taper some positions there and watch to see if we get the complex correction or if we continue dropping.
What do you guys think?
Goodluck and as always, trade safe!
M-signal
EURUSD: Bullish Continuation & Long Signal
EURUSD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long EURUSD
Entry - 1.0971
Sl - 1.0935
Tp - 1.1043
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
XAUUSD: Sideway The chart indicates that gold prices are moving sideways within a relatively narrow range on the H1 timeframe. Support is around 2,645, and resistance is near 2,665, forming a clear consolidation zone. The price is currently fluctuating within this range, without any strong signs of a breakout.
Market factors, such as the strengthening of the US dollar due to expectations around US economic data or geopolitical tensions in the Middle East, may continue to pressure gold prices. If the dollar remains strong, gold may stay in this consolidation range until a clear breakout occurs.
After VETUSDT —-> TRX 1:1 Long Setup SettingBINANCE:TRXUSDT
CRYPTO:TRXUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️ Entry Area:
Yellow zone
⚡️TP:
0.1556
0.1575
0.1595
0.1619
0.1640
🔴SL:
0.1460
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
ADA long setup / 1:1 SettingBINANCE:ADAUSDT
COINBASE:ADAUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.3454
0.3500
0.3560
0.3617
0.3674
🔴SL:
0.3196
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
NZDCHF Will Explode! BUY!
My dear followers,
I analysed this chart on NZDCHF and concluded the following:
The market is trading on 0.5280 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5323
Safe Stop Loss - 0.5254
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
NZDCAD: Long Trade Explained
NZDCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long NZDCAD
Entry Point - 0.8406
Stop Loss - 0.8359
Take Profit - 0.8485
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EURUSD The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.1028
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.1076
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
GOLD Technical Analysis! BUY!
My dear followers,
This is my opinion on the GOLD next move:
The asset is approaching an important pivot point 2646.3
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 2654.0
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
XAUUSD Yesterday's trading session saw gold prices continue fluctuating within the sideways range of 2640 - 2665. At 19:30 today, several important news events will be released, which could potentially break this sideways range. For today's session, we have two trading plans:
Scenario 1: Gold drops to the 2630 zone first, then bounces back to the 268x region.
Scenario 2: Gold rises to the 267x area and then falls back to the 263x zone, followed by a long-term upward trend.
Today's trading outlook: SELL scalp (wait for BUY hold).
Key price zones to watch:
SELL zones: 2670 - 2675 and 2680 - 2685.
BUY zones: 2625 - 2630, 2610 - 2615, and 2600 - 2605.
Wishing everyone a successful and smooth trading day!
NOT buying USDCADThe USDCAD price has moved into the Daily sell zone, which suggests the possibility of new sell positions entering the market, potentially driving the price down. In the case that the zone is broken, there is a high likelihood of further price increases (which, in my opinion, is less likely).
For those looking to short, I would recommend looking for a simple breakout pattern on lower timeframes and participating accordingly. BUT make sure to wait until after the NFT news and observe what market will do with price.
Good luck, and stay cautious, don't forget it's Friday!
SOLUSDT TODAY Based on the SOL/USDT chart you provided, here’s a concise trading strategy:
Super Support Zone: The highlighted zone around $115 - $125 acts as a strong support level. This is where buyers might look for entry points.
Buy Opportunity: If the price dips into the super support zone and shows a bullish reversal signal, consider opening a buy position. This zone has historically acted as strong support, making it a potential area for long trades.
Sell Scenario: The descending trendline marks significant resistance. If the price retraces upwards and touches the trendline (around $145 - $150) without breaking above it, this could be a sell opportunity, especially if bearish signals appear.
Key Levels:
Buy in the $115 - $125 zone (upon confirmation of a reversal).
Sell around the $145 - $150 resistance level (if the price is rejected at the trendline).
This strategy allows you to capitalize on both potential buy and sell opportunities based on market conditions.
SOLUSDT: Forming a bearish pattern?The SOLUSDT chart may be forming an Inverse Cup pattern, which signals a potential trend reversal from bullish to bearish.
In this pattern:
The inverted cup is created when the price rises, then reverses downward, forming a rounded top resembling an upside-down cup.
As the price drops and approaches the support level, traders watch to see if the support will be broken. If it does break, a strong bearish trend is likely to follow.
In the case of SOLUSDT, the price is showing signs of declining from the top of the inverted cup pattern, and it could continue to fall if it breaks below the support levels of 145 USDT and then 134 USDT.
Trading strategy based on the inverse cup pattern: Traders can wait for a break below the support level to confirm the bearish trend and then enter a sell position targeting lower levels, such as around 134 USDT.
EURUSD today. The EUR/USD pair remains on the defensive, hovering near 1.1035, as the stronger U.S. dollar dominates in early Friday trading in the Asian session. Market caution ahead of key U.S. economic data is putting pressure on the major currency pair. All eyes are now focused on the U.S. jobs report, set to be released later today.
World gold price today.Gold prices are currently moving sideways, consolidating amidst conflicting fundamental signals as traders eagerly await the U.S. Non-Farm Payroll (NFP) report to position themselves for the next major directional move. Rising tensions in the Middle East are weighing on investor sentiment, acting as a key driver for the demand for safe-haven assets like gold.
From a technical standpoint, gold remains bullish in the long run, with the formation of higher lows serving as strong support. The consistent movement above the 34 and 89 EMAs (Exponential Moving Averages) further reinforces the confidence of buyers, keeping the uptrend intact.
CADJPY - Bearish Pressure Soon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 CADJPY has been hovering within a big range marked in blue.
Currently, CADJPY is retesting the upper bound of the range.
Moreover, the upper green trendline acts as a non-horizontal resistance.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the major high and upper trendline.
📚 As per my trading style:
As #CADJPY is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPUSD Sellers In Panic! BUY!
My dear friends,
GBPUSD looks like it will make a good move, and here are the details:
The market is trading on 1.3115 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.3215
Recommended Stop Loss - 1.3057
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
USDCHF: Short Signal Explained
USDCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short USDCHF
Entry Point - 0.8506
Stop Loss - 0.8526
Take Profit - 0.8470
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EURJPY Trading Opportunity! SELL!
My dear subscribers,
EURJPY looks like it will make a good move, and here are the details:
The market is trading on 162.06 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 160.79
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
———————————
WISH YOU ALL LUCK
TESLA Under Pressure! SELL!
My dear friends,
TESLA looks like it will make a good move, and here are the details:
The market is trading on 260.65 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 242.66
Recommended Stop Loss - 269.75
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK