Pipsfordays
PerfectionSo we have smashed this week! We have one trade left running which is EURUSD. Thanks for support on the previous analysis, Like and follow if you rate the content. I focused on physiological levels and physiological market formations set ups this week which has paid of big time!. I will look to do the same next week!
Have a good weekend!.
AUD/JPY - 150 pips
USOIL - 120 pips
US30 - -50 pips
Back To The High ... Before A Drop ???The S&P500 is looking to return to it's high of 3394. Taking a look on the 4H chart, price action is looking morning starish on this uptrend. A retracement is bound to happen between the 3315 & 3345 areas creating S&R levels. The current position we're holding is waiting on the bullish candle to close above 3280 on the 1H in order to enter the trade going long. (Personally, I've set an alert.)
The real question is the Trend Reversal and when will it happen!? We all know once it breaks the uptrend and support level.
But it can easily reverse after going long and retracing back down to 3315, crossing below the bullish trendline, going back up for a retest just to continue the new bearish trend. Or maybe, once it returns to it's high of 3394.
Could consolidate a bit ... and then short back down forming a bearish trend reversal.
Either way the profits are still running wherever the market goes.
USD/ JPY plays out as plannedTOOK THIS TRADE PURELY ON PRICE ACTION. SEE PREVIOUS POST FOR WHAT TRADE LOOKED LIKE PRIOR TO ENTRY.
CHFJPY SHORTAs you can see looking at this graph its in an downtrend.
Support and resistance is shown 3 times circled in the blue.
this is going to be a nice profit if goes right direction which i am sure of.
USDCAD UPDATE!!! 12/07/2020In a downtrend, would recommend you placing these resistance lines yourself if chart bounces of top and starts heading down sell and place TP around bottom blue line if your looking for short term profit
If price rejects of bottom and goes up do the same as before.
EURUSD BUY HEAD AND SHOULDERS SHOWN AND DOUBLE BOUNCE BACK AT BOTTOM. COULD BE A STRONG BUY.
(SUGGESTION ONLY)
GBPUSD SELL POTENTIALNot strongest of predictions but has been at a high for long time, and recently showing downtrend, which we could catch some PIPS! In.
(SUGESTION ONLY)
EURCHF BUYWe can see that this bounce has repeated 4 times recently looking at chart. So this buy could be a good potential.
EUR USD SELLWe can see it’s repeated this prediction twice which gives us strong evidence or it being repeated once bounce back of RED horizontal line THEN SELL!
XAUUSD SELL FOR THE NEXT FEW YEARS!!!1Gold will drop massively as we see a double top forming and we may see a long-term downtrend/drop! [s
AUD/JPY 4 HR (LONG)An interesting long oppurtunity on AUD/JPY. Only consider buying if price moves past wave D.
THE BULLS ARE GETTING THEIR AMOUR READYA buy signal is in wait to obtain it's momentum when it's given the chance , by time frame analysis a 4hr ,3 , 2 , 1 chart gives hope and prophecy that the bulls will gain authority over the market. The bears have the chance to make small advances but in the long run I will advice not to play or make a mockery of prophecy with regards to the 4hr timeframe favoring the bulls . Please follow and like to view more on this pair.
EURNZD SHORTReversal at the downward trendline on the 4H and the pair has formed a symmetrical triangle.
I expect the price to trade within this triangle and then hitting the first take profit before proceeding to take profit two to potentially form a double bottom.
Risk-Reward Ratio: 1:4.52
SL: 1.75785 ( -69.4 pip risk)
TP1: 1.73662
TP2: 1.71955
GBP/USD LongLooking to have a nice long for 120 pips tp. Hit support and rejected so looks like a change in trend.
PLEASE TRADE AT YOUR OWN RISK. THIS IS MY PREDICTION.
EURCHF SELL IDEAI sold EURCHF only one tp this time.
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GBPCAD LIVE TRADE Trade taken this morning:
Reason For Entry- Market Pullback followed by Engulfing Candle, also rejection of closing above the 50EMA.
45 PIP SL (1.70664)
TP1- 45PIPS (1.69773)
TP2- 90PIPS (1.69327
TP3-135PIPS (1.68881)
135 PIPS Banked
looking at a possible short sell in US500 based onmy analysis im posting a possible short sell ive typed out sell limit area and sell stop zone and left a short measure to give guidance on stop loss and TP thanks again for following give me feed back and thanks again :D lets CATCH SOME PIPS!
GBP/USD 1HR (Head And Shoulder Set-Up)An interesting head and shoulder forming on GBP/USD. Looking at a potential downtrend following retest of key level (neckline).
EUR/NZD 1 HR Analysis (SHORT) - Potential 150+ PIPS!After a 4 HR Trend-line touch and fall, EUR/NZD has broken a short term micro uptrend and looks poised to break below the minor key level and continue the bearish movement - potentially a 150+ pips trade.
AUD/JPY 1 HR (LONG) - Potential 200 PIPS!AUD/JPY looks to break a small key level and continue in the upward trend, where it can potentially break another key level, retest it and go upwards in a potential 200 pips+ Trade.
GBP/NZD 1 HR (SHORT)GBP/NZD looking to test key level and continue in the downward trend, breaking support too.
