Priceactionstrategy
Long Position: Silver show us a good bought toward the $26 oz. Today, it's my first time that I analyze one of my commoditie appreciate and it's Silver. Waoh, I'm make this analysis becuase I'm interesting in the future bought and accumulate Silver .
So, in H4 timeframe Silver is steady today!!! So, that put that this asssets it's goes to the $26.26 USD (that is my own target profit).
Now, we see that Silver is into this bullish channel into this bearish channel. And that put in reason that in weekly or Daily timeframe is that Silver is into the re-accumulation zone.
Look in Daily!!!
I put my buy order limit at $24.50 with the SL at $23.70 USD and my own target profit wil be $26.20 USD
So, guys, if you like this analysis about the Silver, I'm interesting to make a weekly for the medium and long-term on Silver future. If you like this technical analysis, please give me a like, share this idea with your friends and traders and good luck on this position!!!
Short Position: Euro/Australian Dollar need to make a pull backIn this analysis in H1 and H4 timeframe, we could see that EUR/AUD it's turn bearish just to pick down a good profit of 222 pips.
Ok, looking in Daily, the moment it's become more bearish.
So, right now, we could not to entry i short position until we see a bearish candlestick group as second opportunity that EUR/AUD make a little up to then, put in short positon, it's that I hope!!!
Long Position: Gold into the ascendent triangle (Accumulation)Today, I have a good opportunity for Gold, also that Gold is still into this bullish channel, but into on it, Gold form a ascendent triangle with a simetric trianlge in H4 timeframe. I buy Gold at $1,901 USD toward $1952 USD, that is my own target profit.
Also, if you check out in Daily, noticed that the trend is become bullish. But more later, i will going to make a special analysis on Gold for this purpose.
So, as Gold is into this bullish channel, we can noticed that the trend is become more bullish.
Good luck on this position!!!
BItcoin could be reverse to the $11,100 USD!!!Bitcoin in H4 and H3 timeframe, I detect a bearish divergence that the price could be to drop. Ok, as Bitcoin is formed a bullish rising wedge on H4 timeframe. we could see another drop unti lthe $11,350 USD. So, I closed up my long position right now when yesterday I send you an alert that BItcoin is prepared to go bullish from $11,730 USD that was my positio that I entry in long, but right now, I see that in H4 Bitcoin doesn't have force to continue up. That could be a manipulatio pure and we need to be carefully on what cryptocurrency do. And then, today, I closed up my position on Ethereum and Litecoin becuase has sign to reversal. And then, Ethereum touch my break even, and then, don't worry about the loss, becuase just I losses less of $2 dollar, but in Bitcoin I recover this $2 USD losses when I lcosed up this position as I detect this reversal trend soon.
So, I put my sell order limit at $11,800 USD, that was a resistance that Bitcoin falls in two ocasion and then, we hope that Bitcoin make a reversal of the trend. Now, the SL I put on $12,000 USD becuase the $10,800 USD it's a critical point of bears scenario and we could see this as manipulation, like Ethereum do!!!
The share with you the RSI and RSI show us a bearish position and the movement was volatil that Bitcoin could be manipulated, so that turn a Bitcoin bearish until the $11,350 USD go back!!!
Ok, looking in H3 we see with clearly that Bitcoin has a bearish divergence on the RSI. That is a signal that bulls are out and then, bears going to control it.
So, if you have any question about this manipulation of perspective, please comment. I see that in ocasion the crypto-market is volatil and there's a manipulation movement. Yes, it exist, but the most important is your risk management!!!
Long Positon: Euro/Canadian Dollar strenghten!!!Euro/Canadian Dollar turn bullish in H1 timeframe and we hope a pending order at $1.5550-$1.5540 CAD to entry in long position in this par.
We have a forecast of 176 pips to find up!!! That is a huge earns!!!
In Daily EUR/CAD is bullish, if we entry in the yellow zone, we could to get our profitable, but I do not analyze this par from yesterday, but there 's another buy opportunity in these price levels to buy with confirmation of the candlestick strategy and price action.
Good luck!!!
Short Position: Bearish Rising Wedge!!!Today, in AUD/JPY we see that Australian Dollar is continue to drop based in the speculate news that China is into the recovery of the covid-19.
'But, the short position could be limited just to find down this ultimate opportunity.
So, talking of the trend, we see that AUD.JPY in H1 and H4 timeframe is continue in bearish trend.
But, in Daily we could see another high probability that we could to reverse the trend to then entry in this red zone that is a weekly timeframe to bought!!!
So, I'm in bearish in AUD/JPY for limited!!!
Also to recall that today we have a Reserve Bank of Australia meeting about the Australia interest rate. So about of this economy, Australia is in good status and well, I believe that that sector could be to prove-AUD in positive, but I'm trade with my technical analysis, becuase this par is move a lot by technical analysis, and AUD and JPY doesn't move by fundamental. But in summary, in Daily we could see a possible reverse of the trend to goes to bought AUD/JPY in this stategy o supply and demand!!!
Bought of Sterling Pound into this bullish channelHello guys, as this interesting trade, I see a Sterling Pound for long position. So, in Daily or H4 timeframe we could see a bullish channel of trend continuation!!!
So, I put a buy order limit at $1.2890 USD with a SL at 65 pips with my traget profit of 190 pips.
Ok, as we see in Daily timeframe, I updated this support and resistnace key in yellow zone. That represent a Daily zones and then, we see another bought for Sterling Pound!!!
And lookin in weekly timeframe, we could see a Sterling Pound bullish to the $1.33 USD for the previously level.
EURAUD Price Action (very clean)EurAud has made some clean price action in this recent week. With lots of short opportunities in clear view we can look for opportunities near these areas of value . Price action works at its best, when its in key areas of value. We can look for fake outs as well as clear rejection signs near these pockets of value.
Follow for more :)
Long Position: Tripple bottom on Euro/Sterling PoundEuro/Sterling Pound is be prepared for the next movement toward the 0.92 Pound. That is great opportunity to put in long position in Euro to find up 220 pips. Also, looking in H4 timeframe, the we formed a tripple bottom and that suggested a possible massive movement bullish in this par.
And finally, Euro.Sterling Pound in Daily timeframe it's bullish, but formed a bullis hrising wedge as we see in H4t timeframe a formation of tripple bottom. And remember, the trend is the direction in what the assets it's leading it.
Fundamental Keys:
1.Pound to Euro Exchange Rate edges higher on hopes of last-minutes Brexit deal.
2. Sterling edge higher today despite it or leave it appproach to a post Brexit UK-European Union trade deal.
3. Michael Gove, U.K. Senior Cabinet Minister, commented today the following
IN fact, we hope that Eurozon will change their problem and position.
4. Sterling investor remain confident that the UK and European Union could strike a deal last minute
5. Angela Merkel, German Chancellor saw that all agree that Europe needed to show a degree of compromise in order to secure a Brexit deal.
6. Mr. Sin Jon Cunlife, the Deputy Governor for Financial Stability at the Bank of England commented the following:
Any dovishness about the British economy in the months ahead would prove a Sterling-negative.
7. The Euro sinks as safe-haven demand slides an improving Chinese Economy.
8. The Euro suffered today following news that China has been the first big economy to rebound from the covid-19
9. In Eurozone economic data, today will see the bloc's latest construction output the pandemic. But, if the Eurozone economic data, today willl see the bloc's latest construction output data for August. So, any improvement in Europe/s nation construction sector would prove an Euro-positive
So, the fact that we see a higher on what UK government make, that not a good position that Sterling Pound goes to up, but we would needto take in noticed in the Brexit could be a limited capacity, that mean that Euro could to prove more positive than Pound.
I put my buy order limit at 0.9043 with 54 of SL and my own target will be 220 pips.
Overview: Bitcoin formed a simetric triangle!!!In Daily timerame. we believe that Bitcoin is into the phase of-re-accumulation. That is a good singal that bullish is prepare for the massive bought of Bitcoin between the November and December we could to reach the $14,000 USD
Also, I want to share the weekly timeframe to look out. We are in the clearly re-accumulation zone!!!
What is mean that?
1. That mean that Bitcoin doesn't going to down below of $10,000 USD.
2. That re-accumulation zone it's another good opportunity to buy more Bitcoin!!!
3. It's the latest once that Bitcoin is doesn't going to the below of $10,000 USD. The most opportunity is to make trading or accumulate Bitcoin!!! So, that is the ultimate opportunity because the bulls are option to buy Bitcoin for medium and long term
But, waoh, we see that in weekly timefrmae Bitcoin is into this re-accumulation zone and then, we see that Bitcoin could to have an objective to reach up the $16,000 USD in medium term.
Short Position: Fears of No-Deal Brexit EaseIn H1 timeframe, we hope a short position in the $1.2967 USD
In H4 timerame we detect a weakness of the RSI and the trend is put in bearish sentiment pressure. So, we hope with confirmation on H1 or scalping timeframe of 30 minutes to entry in short position with confirmation.
Fundamental Keys:
1. The Pound rose agains the dollar as investors continue to bet the UK and European Union will agree to a trade even as talks on fisheries continue to stall progress and Prime Minister Boris Johnson appears unwilling to rule out walking away from negotiations.
2. Mr. Johnson reported that he's want to decide on Friday on the next week whether to walk away or continue talks with the European Union, according to Uk media reports (UK news).
3. This report come just hours after hopes were boosted that a no-deal Brexit would be willing to continue talks to secure a trade with the Euroepan Union
So, in summary, we would need to the next week if there's any good specualte news that Boris demonstrate us that He's may to willing to resolve this issue about the trade negotiations with the European Union.
Bitcoin is turning to going to bullish soon!!!In this updated, we see with clearly that Bitcoin is leading to the bullish singal toward the $12,000 USD, So, I believe that $10,300 USD the bulls show resistance in this support in H4 timeframe.
Also, I add the ghost bars pattern and the price suggested that Bitcoin is toward over $12,000 USD. So, my own target it's going to change a little, so my target will be $12,300 USD, and that price make a principally resistance.
I put a buy order limit at $10,350 USD with a SL at $11,130 UD
Now, in Daily timeframe, we see that Bitcoin is continue and this assets it's make a preparation that we continue bullish!!!
Now, looking in Daily timeframe, I use this yellow zone that show the Daily timeframe and that suggested that bulls found down a good resistance on $10,300 USD.
Good luck on Bitcoin!!!
Gold put in bullish singal!!!In this analysis, based in our problems on the society, United Kingdom, Europe and United States on this week have bad news!!!
Now, we see in H1 timefrmae at the moment, we could have a good signal to put in long position to buy Gold. There's a nice opportunity to invest in Gold!!!
Maybe, Gold want to formed a shoulder head shoulder. That is a bearish pattern and for the next week, depending of the speculate news, we could see a Gold bearish if U.S. Dollar going to strenghten.
Now, we see in Daily that the trend is become bearish and maybe, we could to pick down a short positon with good opportunity!!!
So guys, right now, I entry in buy market order to buy Gold at $1,895 USD with a SL at $1,884 USD and my own target will be $1,920 USD
Good luck in this position!!!
Long Position: Pound suffer today for UK government!!!Today, we have a good opportunity in long position. Just, we need to still alert when the price is goes again to the 0.9025 Pound to entry in long position just to find up 70 pips.
So, I suggest to take in noticed my analysis on Sterling Pound/ U.S. Dollar and my recentrly technical analysis on my super strategy correlated.
So, I see that Euro is benefit of this situation of the UK issues.
Also, we hope a economical calendar of the European Central Bank that Lagarde speak today about the interest rate and political monetary in Europe. So, we hope that this indicator goes go be bad, because in other hand, Eurozone's doesn't steady on this time, but I hope that the news going to pass to then, entry in long position in Euro!!!
Also, in H4 Euro turn bullish and we see a bullish rising wedge!!!
I suggested to read my two latest technical analysis of GBP/USD and my special analysis both!!!
Long Position: Good news for the U.S. Stimulus become optimismIn this analysis, we see the appreciation of the U.S. Dollar today.
On Daily timeframe we see that U.S. Dollar want to make a up, but the gains is limited!!! That is a good opportunity to buy U.S. Dollar in favour in H4 timeframe.
Fundamental Keys:
1. Dollar up despite lingering optimism over U.S. stimulus measures
2. The dollar was up on Tuesday morning in Asia session, despite edging closer three in week lows and some investor holding onto hopes of large U.S. stimulus measure to prop up the covid-19 rauged before the presidential election on November, 3, 2020.
That is it my own technical analysis.
Update: USD/JPY starting to drop in H4 timerame!!!In H4 timeframe, investor are not so true on the U.S. Dollar so what will be happening yesterday that U.S. has issue on the U.S. government!!!
But, remember that earning will be limited, so, we see right now on H4 timeframe that the price is starting to drop and we have another short opportunity in USD/JPY to find down 90 pips.
Updates: Ethereum is leading to the $409 USD!!!in H1 timeframe in short-term we could see a possible movement unitl the $409 USD, but that zone above of $400 USD it's would did an Ethereum so volatil. As Ethereum is into this simetric triangle flag in H1 timeframe, we continue in favor of the bullish trend!!! That is a re-accumulation zone that buyers are buy a Ethereum!!!''
IN H4 timeframe we see that Ethereum is so bullsih. And also to recall I change my seeing of my targets profit, becuase I updated in weekly zones and I see taht we're in the strong demand. As reference, if you check the special analysis, you could to follow my own strategy on Ethereum.
In Daily we see so clearly the trend and the zones that was updated. But, my own take profit will be $445 USD, becuase that is my exact zone that Ethereum is into this supply and demand strategy!!!
And also guys, I add my second trade on Ethereum in buy at $373 USD. My previusly bought was in the $372 USD, that is my own strategy that I add because I see that Ethereum is into this re-accumulatio zone!!! So, in summary I have 1.70 Lots in ETH invested, that mean 0.85 lots investrd in each trade, in that case is 2 trades.
Special Analysis: Are you prepared what anyone don't see in ETH?In this special analysis in weekly timeframe, we see that Ethereum is lead to the bull rally soon and the price it's could be to reach the $785 USD. That is my own gold target profit!!!
That is my technical analysis in Ethereum. Now, we could see that this it's could be the strategy of investing in Ethereum on 2020 to accumulate capital and make huge earns!!!
That work for trade on long-term as investments strategy!!!