xauusd recent update
In our previous analysis quoted above we have referred 2407 area as the area of retracement as there is strong support in that zone. and as we predicted the same happened the market retraced from than zone and again hit back the zone creating a DOUBLE BOTTOM and again goin up to nearby resistance zone.
support and pivot 2407-2405
if this area is not breached then market will fly back to 2445 zone.
bullish targets : 2415
2421
2433
2445
bearish targets : 2401
2397
2391
2382
2376
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Patter
Weekly Trade Recap: DOW, AUDJPY, NZDJPY, AUDUSD, GBPUSD 01-22-22Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week from me.
I will explain my approach on the entry, SL, TP and management.
US30: Out for +4.59%
Full analysis/forecast:
ZDJPY: Out for +2.09%
Full analysis/forecast:
AUDJPY: Out for +1.47%
Full analysis/forecast:
AUDUSD: Out for +1.94%
Full analysis/forecast:
GBPUSD: -1% loss
Full analysis/forecast:
UKOIL: -1% loss
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Jojo
DISCLAIMER:
-My forecast and analysis are NOT financial Advice, you should not trade and invest solely on this information.
-There are many scammers & fakers impersonating me, my channels/platforms to scam people.
Be very careful as I will NEVER private/direct message you first no matter what.
Be alert of fake and scam channels showing unrealistic results and profits to sell you scams.
AUDUSD Can We See Further Down Side ?
Hello trader :)
Here we are in 2022. Very happy to be here once again to start putting out analysis and forecast.
All my family is safe and sound and happy to include one more member in our family.
First post of 2022, lets get start with AUDUSD.
We can see after price made a strong bearish impulse down, price begin to fall into a correction.
It slowly move up correctively, but no bullish confirmation or impulse up.
Instead after the last 2 weeks of 2021, price seem to be developing within the larger correction,
and at the top of the structure, we have pattern with pattern, good signs of further bearish potential.
Since price is pushing down now, best way to capture a downside would be wait for the next impulse down,
out of the larger correction, and wait for smaller, lower time frame continuation to confirm the sell
thank you and happy new year to 2022 :)
Lets go !
Jojo
AMC Is there Bullish price action to continue
Hi traders:
Aside from all the recent news on AMC and other stocks, lets talk a look at the technical sides.
We see price was at all time lows of $2, seemingly going down more. However, price action may give us clues on the overall future.
From the all time highs of a double tops, price pushed down and then formed continuation to push down further. But, it begin to formed a reversal correction, looks like a fallen wedge/descending channel.
Sure enough price getting squeeze to the bottoms, and eventually a strong bullish break out. This is always a good sign for continuation after a reversal correction.
The test here is whether we can get a continuation correction, or a right shoulder for a H and S pattern to further continues the bullish price.
Thank you
LRC is it only me or those two seem pretty similar?
we are now looking at the hrs chart, and IMO it is the start of the bull trend.
2 big green candles in the hrs, which looks like the 2 that also the XRP chart had shown before its enormous climb.
I am bullish on this one, planning to reconsider my position once it reaches 1.8 USD ($), expecting a 3X in the following 1 to 2 weeks of trading.
good luck to you all, trade safe and don't use more than you can sustain to lose.
-- this is supposed to be a last-minute call, but please: don't jump in without taking your own consideration --
CADCHF Watch for this sell setup
Hi traders:
Also keeping an eye on CADCHF's price action for the sell.
We can see a clear HTF double tops, and price moved up correctively in the ascending channel.
Sharp, LTF impulse phase broke down, and now is consolidating to form another correction.
I would wait for this LTF continuation correction to complete and look for sell opportunities down to the previous lows.
thank you
GBPAUD Expecting this sell move
Hello everyone:
GBPAUD has nice bearish price action that could give us a sell opportunity down to the previous lows.
We can see that there is a clear bearish LTF impulse phase that broke out from the ascending channel structure.
This is a great indication for further downside potential, as long as we see a continuation correction to develop and complete to give us the confirmations.
thank you
EURUSD: formation of a bearish patternOver the past half year, the price has risen from position 1.078 to position 1.234. This is a very strong growth for this asset. And one could expect that soon the price will stop growing and will correct upward through the fall.
At the same time, at the price high (1.234), a Head and Shoulders pattern is formed. The pattern has formed tops + a clear initial trend. Further, the price should collapse at least by the volume of the previous trend. The first target is 1.188.
Remember, there is no place for luck in trading - only strategy!
Thanks for your likes and comments.
USDCAD bullish outlook
Hello traders:
Eyeing USDCAD for the bullish price action to come into the market.
We see the latest price is currently forming a corrective structure near the bottom of the HTF swing lows.
Currently price is still in the correction, so dont jump into yet. What we want to wait for is a clear breakout from this correction, and look for continuations.
Thank you
Think Crypto is Dead? Think again...!! Hello traders,
Bitcoin has been seeing some hard days, people are losing focus and think crypto is dead? I say, think again.
I was watching BTC charts, and while looking at the weekly i notice a very Bullish Pattern, that could be the igniter of the next Bullrun.
As you can see we are looking at a huge Falling wedge wich is a bullish pattern, and if we break up successfully will take us to 12k, about 85% increase from now.
Bottom of the Wedge is still not met and we should go down a little bit more, and then BOOM.
Right now is the wrong time to sell! Hold tigh and enjoy the profits! Selling now is like buying btc at 19k :D
If you like my TA be sure to like and subscribe my channel,
Mr.TTT
How to see the bounce after big dumb and get 25% prophit!!!Hi Guys, we can see the market manipulation, to buy your altcoins and btc very cheap. How to see bottom and bounce:
1) FIB retristment in crypto market average bottom of correction is around 0.618 and 0.782, and it's normal. In my graph btc 0.618 = 8127
2) BTC is not going down less then MA 200 (if it breaks most investors will go out of market. MA 200 now = 7725
3) The volume (we can see it on Volume indicator and in coinmarketcap). Compare with other big moves to down
ibb.co
ibb.co
4) The increasing volume and insta buy of altcoins (second and minutes)
ibb.co
ibb.co
ibb.co
5) Oversold RSI indicator, less then 30
What to do?
Watch the graphs online, don's miss the bounce, insta buy bitcoin between the levels fib and 200 MA, after insta buy altcoins and get prohit 25%
How to see the bounce after big dumb and get 25% prophit!!!