THE BEST PLACE TO BE SHORTING GBPNZDPair: GBPNZD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, trend channel
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Key Takeaway: GBP has significant weakness as it is and have been down trending for some time. We have just bounced off the top of the trend channel, high volume level and rounded number level which tells us we are in for another bearish swing
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Level needed: need a close by 1.90325
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Trade: Short
RISK:REWARD 1:4
SL: 40
TP: 150
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Money
Gold in the next 24 hoursI’m looking for sells on Gold, she broke my 1750 zone to the upside, which was an important level but she is now showing a ton of resistance at 1760 zone and gold is a very fundamentally traded pair, so we would have to wait for the numbers to come out to see how far she may potentially drop.
Gold trade Idea:
Gold Sell Limit @1762
SL- 1769
Tp- 1758
Tp- 1752
Tp- 1748
*Only Risk 1-2% of your account
EURUSD LONG 8/23/22 TUESDAYEURUSD LONG 8/23/22 TUESDAY
DOA
-KILLZONE TIME: 5:15pm
-SESSION: Asian
-TIME OF EXECUTION: 1:00am
-DATE: 8/23/22
-DAY OF WEEK: Tuesday Night
Entry
-POI: CPE
-RR: 1:2.74
-POSITION: Buy Limit
-SL: 38.9
-TP: 106.7
Moral
-Market had Bullish Expansion previous day and left FVG
-Bullish Doji on Daily Chart signaling reversal
-Discount Market
-15Min FVG
Results
-Goal reached!!
-Took forever was in drawdown for a long time
-Seen 1k and snatched
-Took partials and placed SL in Profit
Lesson
-Good Patience tester
-Great job at managing the trade
-Keep it the good work
AUDNZD DOUBLE TOP Pair: AUDNZD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance
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Key Takeaway: Seen alot of resistance against trend line and a double top form on the 1H chart, once we see a good amount of bearish momentum we will be looking for short entry
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Level needed: need a close by 1.11460
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Trade: Short
RISK:REWARD 1:13
SL: 10
TP: 130
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
USDCHF, WILL WE KEEP CLIMBING THE LADDER AND BREAK PENNANT?Pair: USDCHF
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, ascending triangle pattern
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Key Takeaway: Seen alot of strength with USD this month and we continue to climb the scale in USD base currency pairs. On the chart we can see a very steep climb for this pair which leads for me to believe that we can very easily break resistance and top trend line. Although we could see a bonce depending on high risk news we see this week, we always have to keep options open
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Level needed: need a close by 0.96690
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Trade: Long
RISK:REWARD 1:7
SL: 25
TP: 182
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
CADCHF PENNANT BREAK CONTINUATION?Pair: CADCHF
Timeframe: 1H, 4H, 1D
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, trend channel
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Key Takeaway: Stuck very well to downward trend channel so we are looking to sell when price breaks pennant and high volume level
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Level needed: need a close by 0.73730
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Trade: Short
RISK:REWARD 1:5
SL: 15
TP: 80
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
MANA's search for meaningThe MANA 74 Cent level is the strongest support. It is a coin that has spent a lot of time here in the past, then flew away with the metaverse current and came to the same levels again. Level 94 is unfortunately broken. Currently, the 84-74 range seems to be an ideal accumulation area. From this range, preferably close to 74 areas, the risk-reward ratio will be the highest level. The 1.12-1.37-1.68 levels are the biggest resistances in front of them, but after these resistances are broken, the 1.12 resistance is likely to make a quick premium.
ADA games startedAda put herself in a difficult process. Region 5156 is in strong support for the island because 2 support points were in joint protection. However, the island broke the support and now entered the key area. Area 5156 is currently the barrier to the island. Btc reaction may take the island to the 5156 region, but as long as spx does not close above 4300 and btc closes above 23500, the island will continue to be stuck between 5156-4904. It has turned into a risky position that requires maximum attention in closings under 4904.