GBPJPY | Potential SellPrice action has come into large consolidation following a very heavy resistance zone. I would like to see a reversal move to the downside respecting the FiB levels too.
PA
EUR/USD GOD LONGTARGETING URANUS. GIANT FALLING WEDGE ON THE MONTHLY AND THE USD SMELLS. MOONBOYS LETS TAKE THIS HOME
$CADJPY short idea Looking to short CADJPY here once we break under the red line here.
That would be a:
- Break in market structure
- Break of a 4h/daily S/R level
- price moving under a breaker
This should all act as decent resistence.
Some confluence here would be:
- CAD futures look like it wants to die any moment now
- S&P looking like it want to go down a little o that means JPY should see some strength here
$GBPCAD - Reversal to Upper RangeVery nice PA here - potential for a reversal in this area.
First entry is aggressive - second is more conservative
This pair has been putting in HH's and HL's consistently, and its very reasonable to think we will visit the upper range shortly.
SPX 50 and 200 day cross, PA goes up 70-100%SPX 50 and 200 day cross, PA goes up 70-100% until February or March.
Will tariffs cap the price at $1150 or will it go to $1200-1300
EEM vs PA and AutosEEM vs PA and Autos
Palladium follows EMs and Autos.
Palladium has diverged due to tight supply?
NZDJPY - Sellers are setting up for the next leg southHere we are on Kiwi/Yen daily chart and as we can see this market is in down trend. price was just pulled back and smashed towards Resistance level which is nearly at 74.58 and now we can see price is forming false breaking setup wait for NY session close it may form as bearish outside bar / bearish engulfing. we will be getting in sell shorts here. There are three main confluence factors aligning here such as trend, horizontal level and signal (which is in progress wait for NY close). safe trading!
GBPCAD - Price is stalling very tight below 1.67222Here we are on Pound/Canadian dollar daily chart and as we can see daily and weekly charts are in bearish trend and price is stalling very tightly below 1.6722 and formed "Inside pin bar combo" setup. we have good confluences here such as trend, horizontal level, dynamic resistance layer and signal itself. we are getting in shorts from here. Lets see how market unfolds. safe trading!
GOLD - Sellers may take charge soon from 1204.74This is Gold daily chart and as we can see this market is in nice looking down trend, price is pulling back towards last broken support near 1204.70, we will be waiting for bearish price action signals here on this broken price level. We have good confluence factors supporting our trade scenario such as down trend, static price level and dynamic resistance layer which is near by. Let see how market price action unfolds. safe trading!
AUDNZD - Bullish trend may continue again from crucial 1.0975Here we are on Aussie/Kiwi daily chart and as we can see price is approaching towards the crucial support area 1.0975 which is trend continuation zone as well. we have good confluence factors lining up here such as trend, dynamic support layer and horizontal price level. We will look for bullish price action signals in coming days for getting in longs. Let's see. good trading!
USDJPY - Bulls are likely to push higher from 110.77 - 111.06Here we are on Dollar/Yen daily chart and as we can see this market is playing in bullish trend. We are more interested in looking for buy long opportunities. so today we have a fakey setup pin bar formation above support barrier i.e 110.77 to 111.06. we have good confluence sticking together such as trend, support and signal. Let's see how it unfolds. safe trading!
NZDCAD has approached towards crucial weekly supportAs we can see on weekly time frame perspective this market has approached towards crucial support which is nearly at 0.8680 - 8619 and if we see daily we have Doji formation on this area on last friday session. This seem to be counter-trend view but market may respect that weekly crucial support and may reverse the trend. Lets see how it unfolds. safe trading!
EURAUD - Sellers may take control from broken supportHere we are on EURAUD daily chart and as we can see that last week this market get pulled back towards broken support level which is located near 1.5700-1.5650. we have obvious bearish pin bar on this new resistance level which is also aligned with confluence of dynamic resistance and trend momentum is now looking down as well... let's see how this market unfolds more in our favor safe trading!
looking for SELL in GOLD-M15although the last signal of the previous week was BUY, with the break of 1220.70 during today movements, the SELL signal is valid and now, we are looking for SELL.
USDCAD Daily Long Term Thoughts.Here is some simple analysis for the USDCAD Daily.
These blue levels are some ''Obvious'' levels that could cause a bit of fluctuation in price and therefore some LTF Setups.
I will pay close attention to these levels purely for their significance on the daily chart, These levels could be possible for stophunting or give setups in terms of reversals but especially continuation, If price manages to move down for a while and nearing the lower blue zones i will watch closely for these levels to have not a single reaction, as for the way i trade i can find very likely continuation setups based on the fact if price does NOT react upon FTB.
These white levels are just there for myself, as i expect these levels very able to whiplash price around, Only in very fortunate PA i will maybe look for setups on the LTF in these white zones, but probably wont trade these.
However there is a small little side note with the bottom white zone, There is a blue zone on a very ''Obvious'' level very close above the white zone, Again i will have to see how price develops but there is the possibility of some manipulation here, What exactly am i talking about? Read this:
1. Blue zone gets hit = Initial Buyers pulled in (Maybe some PA to lure in more buyers)
2. If and when blue zone gets broken = Buyers most likely stopped out aswell as Breakout shorts joining the party, could make some false retests aswell to lure as many sellers as possible.
3. Price has lured in the shorts and continues to rally upwards very strongly to also stop out short orders, I expect this to be a strong and powerful upmove purely for the fact that big bullish candles scare short traders to re-enter, and makes possible buyers stay out because it plainly scares them.
4. Long story short i am expecting a bit of ''Market manipulation'' in and between the blue/white levels at the bottom of my chart.
The results of these zones will show over time, still a long way away until we will get close to hitting all levels, if at all!
Until then, trade with caution and ofcourse always go full margin on scalps boys and girls.
(Seriously dont go Full margin though)
BTC Day TradeBroke the rising wedge and we are retesting, started short at top of wedge, adding to it on retest, short orders up to 6900 as well. Oscillators are over extended on multiple time frames and need a consolidation or retrace soon.
Targeting the breaker for short close (green area)
GBP/USD. 1D. 5/1/2018Brief Description of PA Context (1D)
1. Bull move
2. Large corrective structure
Support/Resistance
R1 = 1.42500 - 1.43500
S1 = 1.37250 - 1.37750
S2 = 1.35500 - 1.36000
Bias
Bullish above 1.35500
Trade ideas
Long @ S1, TP @ R1
Limit buy @ S2, TP @ S1 or R1
USDJPY - is dollar/yen setting for next move up?Here we are on Dollar/Yen daily chart and as we can see this market is forming new higher highs and higher lows and we have short term trend line developing here. Notice here how many confluence factors are lining up on our buying trade idea here such as trend, Support zone/area which is nearly at 108.263 - 107.544, dynamic support layer 20/10 ema's and short term trend line as well and now we will wait for this market to pull back towards our "Area of confluence" zone and show some bullish price action to get us in long positions. safe trading!!!
EURUSD - are buyers looking at 1.2537?Here we are on Euro/Dollar daily chart and as we can see this pair is in range and if we zoom out daily chart we have long term bullish trend. On last daily session closing this pair had formed Bullish fakey setup with 2 bar reversal / Bullish engulfing setup. As for this trading scenario we have good confluence factors supporting it such as Bullish trend, Horizontal (static) level 1.2177-1.2214, trend line that is holding since April-2017 and buy signal itself. we will be getting in longs from here. safe trading everyone!
GOLD - Are bulls getting ready to take charge once again?Here we are on Gold daily chart and as we can see this market has pulled back towards important support barrier which is nearly at 1310.17 and on last daily session we have obvious pin bar / fakey setup printed on this vicinity. We are getting in longs from here as we have good confluence factors here such as trend, support level and pin bar/fakey setup itself. Let's see how market unfolds from here. safe trading!
