Nakedtrading
NZDCAD SWING HIGH OR JUZ ANOTHER LOWsenario
1. wat drove strong cad?
more +ve news between us n china
Oct. 10 next meeting
- good deal strong usd long cad
- bad deal short cad
2. recession
stock went down...
plan long if rejection at this 2 level
0.83420
0.83319
*monitor daily close for SL
TP 0.85695
Price at Monthly Significant SupportMontly Support. Price bounce up.
Daily Rsi show divergence from price. Show sign price want to change direction
Daily Trendline might reject price to down temporary to sell zone.
BuY @ 0.62720
TP @ 0.63970
AUDNZD Long-Term Short
Weekly: August bull trend broke in September, momentum in favor of bears with no signs of reversal. Is this the beginning of a downtrend or a minor correction?
Daily: Price looking for its 3rd drive towards the downside. Lower high shown at 1.07800, AUDNZD nwo looking for its lower low, (2) tp's shown above, this is a long term trade with a potential drop below 1.0100.
4HR: Double top @ 1.0800, followed by lower highs, the price is currently sitting at minor support. 4hr break below 1.06700 and expect a sell-off, a 4hour close above 1.07 and expect our August trend high to be tested.
Hammer At Weekly. Price temporary BullMonthly Trendline chart rejected price. Bearish
Rsi at Weekly heading down and has crossed level 70. Bearish
Candle hammer Weekly. Price might be bullish temporary.
Entry at buy zone
Tp at Trenline
EURCHF Potential DowntrendFrom the analysis above, it shows a potential downtrend.
In the D1 timeframe, the market is in a descending channel.
The figure above in 1H timeframe, it has shown an impulsive move after it reverses when it touches the D1 Descending channel and it has formed a bear flag (price action within the context of a downtrend).
The TP point can be at the beginning of the descending channel.
Any comments are welcomed. Let me know your opinion.
Thank you.
BTC Retest then continue fallBTC setting up to retest the 200 moving. Average. Failure to hold above this moving average will result in a bear market for the coming weeks.
High probability Bullish CypherThis downward trend seems to have ended its journey, with the confirmations coming from the S&D zones, i think its time to go Long.
DISCLAIMER!!!
Past results does not guarantee future certainty.
GBPNZD TRADE PLANrejection on monthy
looking for LL on weekly
sell at 1.96938
SL 1.9930
TP ratio 1 : 3
BTC falling to find zones of demandAnother interpretation of BTC price movement. The location of the head & shoulders is an indication of price continuation to the downside, until willing buyers decide to step back in & drive prices higher.
My view of US30 obeying price/market pattern showing what might The patterns showing is basically impulse/partial impulse, ranging and breakout with the last kiss confirmation, the last kiss is identified by closing of the breakout on the outside skin/edge of the the resistance or support line/zone/channel touching the most recent highest or lowest touch as the case may be, therefore bouncing away from the zone, youd gather a lot of pips, its us30, lets watch closely
DISCLAIMER!
The idea is to predict price movement and as such, nothing is guaranteed as you are liable for your actions, trade at will
Shorting stocksShorting the SPY all year if we can’t break & hold above this channel. If u can’t afford to short, buy an inverse derivative like TVIX or VIX...
EURUSD entering price channelEURUSD is entering a previously formed price channel. buying at the green, selling at the red. at some point price will break above or below & the same process will begin again... simple as it gets.
US30 150+ pips US30 just retested a major support zone. RSI under 30 indicating a strong buy because it is over sold. Looking for an uptrending reversal followed by a pullback from the next major resistance zone.
BTC falling to retest?Looks like BTC will fall to retest the most recent support levels...
Also, my previous EURUSD Long has been closed. Profits were taken & I’m now short, expecting a new weekly low next week... or bounce off the most recent low, at which I will reverse to go long for at least the next month.
EURGBP Longthe prices have on a very important support, I expect a beautiful correction before the continuation of the fall
USDCAD DowntrendHi, new trader here. I'm trading on a naked chart
I've analysed USDCAD heading for a downtrend. It has broken off the ascending channel and formed a corrective phase.
From the figure above, it has broken off the corrective phase and could potentially go for a downtrend.
I've set a potential TP point when it touches the trendline on the higher timeframe.
Any comments and opinions please comment below. Thank you :)
EURUSD Trade is in profitI previously posted a LONG entry on the eurusd. Entry was at a 1 min double bottom, just before price crossed & held the pink downward sloping, dashed line. 1st profit target is the purple line, unless the 1st box cannot be passed & price holds above. In which case I’ll exit & reverse for a SHORT to the bottom red line.
AUDCHF ReversalHi, new trader here. I'm trading on a naked chart
I've analysed AUDCHD for a potential Reversal from the indication of a descending channel within a descending channel.
I'm currently waiting for the price to break out from the descending channel and look for potential entry points. FX:AUDCHF
Any comments and opinions please comment below. Thank you :)
EURAUD ANALYSISPLEASE REFER TO CHART
ALSO PLEASE REFER TO PREVIOUS LINKED CHART TO SEE HOW PRICE REACTED LAST WEEK WITH ECB RATES LAST THURSDAY THEN WICKSAW'D TO THE UPSIDE
awaiting buy opportunity in EURUSDawaiting a buy opportunity to take advantage of this red channel. buying the bottom & selling the top, at the breaks of the downward/upward sloping trend lines within this channel.
