Priceactionstrategy
GBP/USD GOOD SHORT ENTRY GBPUSd is going upward in the parallel channel and after strong rejection from the resistance its going to retest that support again and than will go down that mention areas
at retest look for bearish confirmation and enter short with with your money management always remember
PATIENCE IS THE KEY
EURO/USD GOOD SHORT POSITION market has broken the main strong support areas of 1.21500 and shows a bearish momentum. its going to retest the broken structure and than going down to next main support area of 1.19050
look for bearish confirmation on retest of broken structure and enter short with your own money management
always remember
PATIENCE IS THE KEY
Lupin: Probable Trade Setup [Investment Opportunity]Long opportunity in Lupin, as it has given breakout. All you can do is to enter into a trade near the zone. Let it retest its swing low, so that risk-reward ratio become favourable.
Note: Wait till you get rejection candle in daily time frame near the zone.
What will need to hope in the next hours?At the moment, I see that Bitcoin it's not secure to trade wihtout any confirmation. The most that I hope it's a bullish candlestick in the next few hours. I predicted that Bitcoin it's need a little correction that today at night was success, now we hope a bullish candlestick based in the price action to entry in bought.
So, still awaiting the par and not trade without confirmation, we could to sell if BItcoin just break down the $30,000 USD support, if that case make confimation, so then, we can to are into the shoulder head shoulder possible formation in the other perspective that we see, but at the moment, be more inteligent, we hope to bullish candlestick possible in formation.
Bitcoin could entry in the accumulation zone!!! Good news!!!!In this analysis in H8 timeframe, I see that Bitcoin it's make the confirmation of this trend line support. So, Bitcoin keep the support above of $30,000 dollars. So guys, I see that maybe we could to entry in the accumulation zone soon forming a possible ascendent triangle and maybe he profits it's will be biggest. My plan to trade will be that, just applying my profits for far away toward the $60,000 USD. That will be a growng up of near of 100% using the range to calculate the distance of your price entry approximately at $30,000 dollars toward the $60,000 dollars.
So, I belive that this will be a good trade for the week and the only it's waiting for confirmation, my possible price entry will be the $32,300 dollars approximately to then, check out in H4 chart to entry in the long position. And the SL wil be $26,200 USD becuase this will be a large trade.
So guys, my own reccomendation it's if Bitcoin make any consolidation, we would need to know if we see any altseason movement surprise for Ethereum, Cardano, Litecoin or another altcoins that you're intersting becuase we could to entry soon in the phase of altseason.
We can to waiting to bought Ethereum!!! My next tradeIn this analysis, in H4 timeframe, we se that Ethereum was break down yesterday the suppor and obviously I send you a message to closed up our long position in Ethereum because we would going to see a sell position and my prediciton was very good, but never Ethereum touch my sell order limit, but at least, I have my profits in Bitcoin , but don't worry, the market it's not perfect!!! But based in my data, was excellent my prediciton. And also, I add in y link to related idea my yesterday technical analysis on Ethereum that we see a bearish rising wedge .
Looking the H8 timeframe, Ethereum it's so bullish toward the $2,000 USD next target soon in the next weeks to months. But I have this strategy to accumulate more Ethereum open up a position when the price make distancve of $1,000 USD, in that case a position entry on $1,000 USD as example I hope a target at $2,000 USD. But H8 timeframe it's so best to trade. The only that I hope in the next hours it's that Ethereum goes to down a little more maybe at $1,020 dollars to take decision and apply the price action strategy to look it and take my own decision to long position and keep this position toward the $2,000 dollars.
Now, looking in Daily chart , we are so bullish , but the probability that Ethereum make support above of $1,000 USD to entry in the next massive ATH for Ethereum so near.
Guys, if you like my analysis, please give me a like. And guys to say you I having over 1k view in my yesterday analysis for Ethereum , thank you so much, that it's so incredible how my trading view reputation speak me my own work, analysis and quality that always I bring you!!! I see that my yesterday analysis was popular in trading view in the top analysis on Ethereum , waoh, waoh ,waoh, It's incredible for my own experience and practice that I have make trading in cryptocurrencies.
So, in summary, we would need to hope in the next few hours to know if Ethreum it's make support above of $1,000 USD, my own alarm will be $1,020 USD, that will be my point to have noticed it when Ethereum goes to reach down on this point and then, hope the next hours to know if bulls ae defending this zone to entry in bought!!!
GBP/JPY GOOD SHORT POSITIONGBP/JPY rejected multiple times from trend line resistance and market is now at again at that area according to trend line and technical analysis its going to be 139.500
look for good short position and short it with proper money management and always remeber
PATIENCE IS THE KEY
EURO USD WAIT FOR CONFIRMATION EURO USD is going in strong uptrend and making higher high and higher lows running in a parallel trend line and going to reach all time weekly very strong resistance.
here are two different scenarios if it break the trend line resistance and retest it back than enter short with multiple confirmation if sustain that trend LINE resistance than its going to make another higher high and going to touch 1.24500
can enter short term buy.
either way look for multiple confirmation and always remember
PATIENCE IS THE KEY
GBPUSD: Continuation of the bullish trend!!!Today, I have an update of this par in Daily chart principally. So, I see that Pound it's more stable based in two things: speculate news and technical analysis. Now, I see in H8 timeframe that Pound it's stable and we could see a next target toward to make highers. My target will be the $1.40 USD. And then, I entry in the market price with a SL at 80 pips. I entry around of $1.3634 USD and I put a SL at $1.3552 USD and my target will be the $1.40 USD.
And then, this it's the Daily chart, we're stable to medium term to make new higher. And also, noticed that we are into this bullish channel from May 2020 and we're continue up.
I like to trade following the trend. Remember trend it's your own friend.
Good luck in this position. And also, my yesterday analysis on GBPUSD in short posiiton will be closely automatically based in the technical analysis and fundamentals.
The fundaemtnals are that Pound it's so bumpy ride as lockdown spoil post-Brexit party meanwhile that expected to offset Brexit deal optimistic. And so, the U.S. Dollar cotninue weaknens as U.S. Senate was a meeting today in Georgia, U.S. to know the policy maker in United States. But, another indicator it's that we could to introduce a watching to boosting stimulus and infrastructure spending into the nation.
This it's my idea to entry in long position!!!At the moment, we can't consider that it's my long position, but that what I show you it's just my idea. But if Bitcon make the contrary, we would need to be prepare for another contrary movement. Now, talking about of it, we see that Bitcoin ahve a highly potential to continue up toward the $40,000 USD in short term or we can to see any accumulation zone in formation above of $30,000 USD.
Another curious data that I see it's that Bitcoin it's growing up the volatile and maybe, we would need more SL like 9% of the price entry because when Bitcoin contnue up, up and more up, the volatil it's become more hard and strong in the price.
But my own reccomendation it's that if you have a plan to trade Bitcoin, at the moment, keep out of the Bitcoin until traders and me have an good idea or confirmation to entry in the bought!!!
Well, I for tomorrow i will going to check if Bitcoin it's into formation of elliot wave cycle specially in Daily timeframe or above.
National Lockdown in Great Britain; covid-19; short positionIn this analysis in H4 timeframe, we have a confirmation of price action reversal of the trend. Well, as we see a good opportunity to short GBP/USD. Based in the speculate news we see that Pound it's goes to bearish trend becuase Pound was sell it based in the bad news that U.K. Prime Minister Boris Johnson put lockdown today in United Kingdom for the over number of more covid-19 cases.
So, that it's so interesting to look this position and we see a bearish rising wedge.
Ok, I put a sell order limit at $1.3610 USD with a SL at $1.3680 (70 pips) and a target profit at $1.3360 (250 pips)
And looking this Daily chart, obviously, Pound end today with a bearish reversal and that show that this week, Sterling it's not have good news in Forex sepcualte news if you see in investing.
That it's it
Good luck!!!
GBPJPY - Consolidation or uptrend? That is the question ... As you see we have a consolidation in 4H timeframe witch broken and may let the price go higher, if the first 4h candle closes above the specified zone, we can expect a uptrend and taking buy positions in structure levels,
but if it rejected by this zone, we'll take short positions in lower timeframes.
Analysis on EURGBP simple price action with line pathcase 1 long on potential reversal level with appropriate risk management (W pattern)
wait for bullish engulfing candle to enter
case 2 bearish flag pole pattern confirmed with bearish engulfing given good reward on short
now on intermediate support, short on break down off support will leads good fall