LONG AUSSIE!RSI SIGNALLING OVERSOLD ON DAILY. AT MAJOUR SUPPORT LEVEL. TESTIN OF LOWER BOLLINGER BAND
Pipsfordays
EUR/CHF ABOUT TO ROCKET!AT 61.8 FIB LEVEL. RSI OVERSOLD 4/1H. UPTREND ON HIGHER TIME FRAMES. TESTING OF LOWER BOLLINGER BANDS!
CAD/CHF Short to long inverse HSWhats up everyone?! Today it looks like we have a inverse head and shoulders forming on CAD/CHF on the daily chart. Seems like we are getting some resistance at the .256 fib extension level if that holds be looking for a strong bullish candle closing before entering long. However what I'm looking for is a further drop the bottom shoulder area. (I've got a sell stop just below the .256 area) Once it hits bottom shoulder I'll be looking for a strong bullish candle to enter long for some good pips!
If you liked this analysis hit that like button! I'm fairly new here but keep posted for more analysis' like this one.
PIP on my friends
USDJPY 1ST AND SHORTTheory~
Dollar yen has ended 2018 with a Hail Marry to the down side, possibly signaling the momentum and direction for the 1st quarter of 2019.
1st play of the year, appears to be a deep pullback after hitting a major support and resistance zone. We could easily see price pullback and try to regain the 4000+ yardage lost in December, but with this pair remaining in a range for the last 5 years creating lower highs, would not be surprise to the see the big banks come in and drive price down, mean all the way down, as low as 100 handle.
Will be looking at the key areas below for entry opportunities on the Daily and 4hour. Specifically looking for double tops, triple tops or 1-3 wicking candles followed by a bearish directional candle:
1st level 108.90-108.62
2nd level 110.30
3rd level 111.70-111.40
30 period EMA = Daily- bearish, 4H- bearish,
Currency Heat Map USDJPY 1 month negative 3% from December 8 112.70 to now 108.51 = Bearish
Client Orders 62% traders are bullish and 38% are bearish = BIG BANKS Bearish
Overall as of Jan 7, 2018 11:35 Japan Time Bearish
Monstrous Profits Double Top Gap Fill120 pips total
80 from top of second high 40 from the retest of neckline
This is the text book M formation/double top, a scalp trade turned swing trade
Take note of the psychological resistance level as well
The hanging man in London, the drop in NY, retest of neckline and complete the gap fill in Tokyo
Beautiful trade
Basic candle stick pattern, basic double top formation, and the gap was filled
GBPNZD correction to 1.89600 (swing) Hello everyone. This is the first analysis I share.
GBPNZD broke a very important trendline (you can see it clearly in H4). It has created new HH and the previous resistance became support. It did a fakeout thought but the trade is still valid. I expect the price to reach the next resistance in the zone of the 1.8600 ( 87 pips until then). But overall. I expect a higher move up as a correction of the 2200 pips drop since October. I expect the price to reach at least the 38.2 area on the fib at 1.89600 ( this zone an important support and resistance zone, to see it, go check on the H4 timeframe.) So, first tp 1.86, second, 1.893 ( to be sure). ENJOY THE RIDE MY FRIENDS
Gold long idea (short term & risky)Simple PA Analasis.
The trade is risky because we still need a correction to the last upmove.
TP is not too far away as I Always want to secure the Profit as soon as possible.
Goal is to get the sl Pretty fast to BE or close part of the Position in good Profit.
Lets see what the market brings ;)
50+ QUICK PIPS ON GBPNZDThe world is going against GBPNZD and a heavy sell bias has formed. Unfortunately, the masses are usually wrong. I heard a quote that states, "there is a highway to hell, and only a staircase to heaven." Meaning don't follow the crowd. In the case of GBPNZD, I feel there will be a bounce over the next 2 days. This bounce could be any where from 50 to 100+ pips. For speculative moves such as this I usually take a quick 50 pips. After the bounce, the downtrend could continue. I will need to do a long term analysis in a different post, but for now I am going to capitalize on what I think should be an easy and quick 50+ pips.
-Thanks for reading, and much success.
-StampsFX
USD/JPY LONG TERM HOLD! CUP & HANDLE FORMATION FINALLY BROKE OUTHello everyone,
In this tech analysis I see a long term cup and handle formation that has finally broke out.
We need to pullback to our new found support (highlighted in green) and I will size in for a long to 115.25 and beyond, looking for an easy 200 pip+ long term play.
What do you guys think?
Entry: 113.00
Stop: 111.75
TP1: 114.00
TP2: 115.25
TP3: 118.50
#USDJPY
#CupandHandle
#TechnicalAnalysis
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GJ (GBP/JPY) Technicals +62 pips in 30 mins EC release
GJ (GBP/JPY) Technical momo setup +62 pips in 30 mins in my momo setup made +62 pips in 30 mins intra-day trading after release of economic calendar even it's release GBP is negative/bearish and JPY is positive and bullish.
Oversold os levels in vwap and momo stochastic crossover and reversal of momo squeeze, bounce back below vwap levels. High volume and volatility release scalp can made over +90 pips entering at fractals and EMA scalp signal.
USDJPY 1HWe have seen a big drop on UJ, forming a bullish butterfly. We just had a hourly engulfing candle to the upside. Looking for movement to go up, RSI is also oversold.
Stoploss is 50-60 pips. Targets are labeled on chart.
*Risk management is KEY!
Short EURNZD on structure break (Long term trade)OANDA:EURNZD
Short on structure break
If the price pulls back up to previous high, short from there instead (upper purple rectangle)
This trade will take a while to end
Look to add to position during consolidation periods/breakout to the downside
Big drop in the works!! Already 40+ PIPSOur analysis from last week has us watching this pair closely along with others. We saw a break of a long Daily Uptrend Trend line, break of 200 EMA and retesting both while forming a 2x Top at 61.8 FIB with bearish divergence on the 4 Hour chart confirming our entry. We are currently up 40+PIPS on this trade and holding it over the weekend. We are pretty confident that it will drop next week to where we expect it to but it may retrace to around our entry before doing so. We will watch for re-entries when price breaks the neckline.
Over 240PIPS made in our group this week off of 4 Trades!
We will be releasing our Advanced 0.00% Technical Analysis and Day Trading Strategy course soon, in the meantime...
...if your interested in deciphering our analysis and staying updated on entries join our newly made telegram group so we can grow together!
t.me
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#FXL_Style
FXLifestyle - Trade Your Future
Another one!! Strong Correlation bagged us 2 Wins!Our NZDUSD analysis last week predicted two possible moves, so we watched closely alongside AUDUSD because of their strong correlation and both gave us a strong signal to short at the same time. NZD bagged us 70 PIPS+, and AUD another 125 PIPS+. One of our confirmations to enter was because of AUDUSD but at the same time if you look on our daily chart price kept retesting the 38.2 FIB and the EMA and printed long wicks one after another of rejection! The Fed Rate increase 2% also fueled the fire for the drop!
We will be releasing our Advanced Technical Analysis and Day Trading Strategy course soon, in the meantime...
...if your interested in deciphering our analysis and staying updated on entries join our newly made telegram group so we can grow together!
t.me
Follow us on Instagram and Facebook
#FXL_Style
FXLifestyle - Trade Your Future
EUR/USD - Symmetrical Triangle breakout coming soon!This week the EUR/USD has hit a major resistance point, shown above, having been tested twice and upon both occasions the price has been rejected.
Watch closely this coming trading week, depending on news releases throughout the week regarding both the euro and US dollar (beginning Monday 24th April), could tip the price either way.
Will be posting an update and price forecast in coming days once markets re open Monday and a clear direction is formed,
Stay posted!
GBP/JPY - Short As can be seen on the four hour chart a head and shoulders pattern is forming, strong resistance at 152.650 entered short trade at 152.620, take profit at 151.300.
Bitcoin, Bitcoin, Bitcoin!!! How you love to tell stories!! Welcome back my fellow #piphunters
75 pips a day and we will be killing it! But Bitcoin
XAUUSD LETS GET SOME PIPS YA'LL NICE BIG HARMONIC PATTERNNo description needed. Look at analysis and look at my two previous publishments and you can see I am here to help you guys go PIP hunting!
EURCAD - Overbuy this oversold butterfly baby (+70 PIPS)A butterfly pattern has been formed and all indicators point out to a big buy. Timeframes are synced. Friday pip day.
Entry price:
Any market price up to 1.56500
#TP1 : 1.56900
#TP2 : 1.58800
#TP3 : 1.60000
Stoploss : 1.54900
I'm taking profits at 1.56867. I'm probably going to dollar cost average this trade from TP1 to TP2 if the charts form my what I have in mind. The take profits are just calculations.
You never go broke from taking profits, you do get broke from chasing long pips.
If you have any questions, please feel free to contact me.
Follow me on Tradingview for more daily ideas.
Orgest
Master of timeframes
Could Be BTCUSD shortAs you can see bitcoin took a mean ass drop, the orange box is where the first target is gonna hit. Blue box is obviously second target. Lets see hows this plays out. COINBASE:BTCUSD
QUICK USDCAD SHORT ?In my technical analysis im waiting to see if it breaks the trendline, for more continuation.
