My 5 major currency pairs which I am looking for next weekHey to everyone, hope you are well! Last week was in a good profit for me, still have open short position on GBPAUD, which is currently moving in loss, feeling good. Wanna share my main list of 5 currency pairs, here you are:
1) AUDNZD - on this pair we got a valuable area on higher timeframe H4, D1. The overall trend is to the upside, so looking for new impulse to the upside. On the lower timeframe we have the pressure from the bears. Anyway I pay my attention on that key level.
2) AUDCAD - The bigger picture introduced us the double top formation and beautiful impulse to the downside, according to the nature of the market - waiting for the correction. The correction could form a move of 80+ pips so gonna try to catch this move to the upside!
3) EURAUD - Perfect impulse to the upside from the bottom of the structure. Waiting for new impulse to the upside on the H4 timeframe.
4) GBPAUD - the entry from the last week. The same opinion about this one, waiting for the reversal and trend to the downside.
5) GOLD - just got a major key level of support, keep my eye on that level. (H4 timeframe)
Pips
EUR/AUD possible reversal setup
price reached trend line support and made a double top and break the previous market structure (reversal confirmation) and made a retest pullback to double top neckline
entry trigger:
*double top neckline retest
*20 EMA resistance turn in support
*Fibonacci level 0.5
possible take profit:
swing trading-take profit 1- 1.63500
position trading-take profit 2- 1.64500
-OFI-
GBPUSD H4 - Trade SetupGBPUSD H1 - A slower moving pair for NFP, also on a breakout price. Sat on support currently at 1.32600. Looks like a bullish break and retest. But could easily be fuelled by NFP (positive) to break support. Literally just have to wait and see what the data brings, and try and snip a small slice of the cake.
GBPJPY H4 - Short Trade SetupGBPJPY H4 - Break and retest here on GBPJPY. Possible zone trade on our hands from resistance down to 139.860 support. Awkward timing with it being Friday and NFP just around the corner in a couple of hours. YEN is usually quite a big mover off the back of the 1:30pm event. Additionally, H4 candles still very active
EURUSD - DAY TRADE VIEW.EURUSD - It's currently in a no trading zone ranges from 1.18380 - 1.18580 Avoid getting into the trade in this range.
Am optimistic about an uptrend currently but follow the levels as mentioned on the chart.
Buy above 1.18580 for potential upside 1.18800 - 1.19010 - 1.19220 , Stop loss 1.18380
Sell below 1.18380 for potential downside 1.18170 - 1.17960 - 1.17750, Stop loss 1.18580
Refer the chart for detailed analysis, Follow the levels as mentioned.
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Frequent Day & Swing trade levels
All major and minor FX/INDICES covered
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GBPNZD - Full Analysis Breakdown Welcome traders to a free analysis breakdown.
Today I am highlighting possible trades on GBPNZD, if you any questions on the pair let me know in the comment section below.
I will be looking to take a trade on the pair if our trading rules are met over the next few days.
I would suggest keeping this pair in your watchlist to see if your own rules are met. If you take a trade from the analysis in the video leave a comment in the section below. I would love to here how your trade went.
On behalf of Alpha Trading Group,
Trade safe and ill see you all in the next video.
GBPJPY H1 - Short Trade SetupGBPJPY H1 - Off the back of the BOE members speeches earlier on today and comments from Barnier, GBP has been losing a bit of ground, simply looking for a clean break of support and subsequent retest so we can look to grab short orders inline with the reversed trend, again, if this unfolds, this will be something we look to personally trade and will look to signal.
GBPAUD - Full Analysis Breakdown Welcome traders to a free analysis breakdown.
Today I am highlighting possible trades on GBPAUD, if you any questions on the pair let me know in the comment section below.
I will be looking to take a trade on the pair if our trading rules are met over the next few days.
I would suggest keeping this pair in your watchlist to see if your own rules are met. If you take a trade from the analysis in the video leave a comment in the section below. I would love to here how your trade went.
On behalf of Alpha Trading Group,
Trade safe and ill see you all in the next video.
DXY H4 - Short SetupDXY H4 - Siting on that S/R region now, really want to see rejections from current price of 92.57, this would compliment our GBPUSD/cable long setup really nicely, we do feel any dollar strength at the moment should be short lived and more so deemed as relief rallies and opportunity to sell the rallies.
EURUAD - DAY TRADE VIEW.EURUAD - BUY opportunity is there on the chart looking strong on hourly candles.
Go for BUY at current price with Stop & target levels as mentioned in the chart.
Follow the levels as mentioned in the chart.
Traders, If you liked this idea, hit the like button and write in the comment section.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks for your better understanding
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered
Thanks !!
AUD/NZD: Trapped In A Pattern That Needs To Be Broken This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/JPY: Back To 140.0 Again Before Flying High This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/USD: Dollar Index Will Determine The Next Move For It This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/USD: Full Analysis + New Entry Available SoonThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USDJPY - SWING SHORTUSDJPY - Major support zone break down is there on the daily chart. Bearish trend.
Refer the charts for detailed analysis.
Go for short sell for potential downside target 104.180 & 103.040.
Stop & reverse is at 106.280
If stop & reverse triggers get into buy side for up move 107.880
Follow the levels mentioned in the chart.
Traders, If you liked this idea, hit the like button & write in the comment section.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks for your better understanding
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered
Thanks !!
EUR/NZD: Yees +200 Pips in A Very Small Period + New Entry This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/JPY: BOOM Hit All Targets In One Day Only +110 Pips CongratsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USDWTI H4 - Long Trade SetupUSDWTI H4 - Manic market behaviour off the back of Powell's talk earlier on today, nice break and retest here on western texas, looks like we could be gearing up for the next move upside, effectively looking to push that H4/D1 channel resistance. Manage to find support even after the USD volatility.