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Priceactionstrategy

We hope that New Zealand have good news for the interest rate!!!Today, we have 2 news of New Zealand Dollar: 1. Reserve Bank of New Zelanad Interst Rate Decision 2. Reserve Bank of New Zealand Rate Statement Both news, I hope a good result and recovery in the New Zealand economy Looking in the technical analysis, we see that Australian Dollar don't have force to continue up, because as we could see a possible sell-off, so i put in short position, but I put 2 position using a sell order limit. 1. The first entry it's in the $1.0826 NZD IF there will being manipulation. 2. In case that touch my SL, so my second entry will being in the $1.0850 NZD Because when this manipulation occur, we need to take an advantage to earn in the speculate news. So, in general, we see taht Australian Dollar is into this bearish channel and this apply that we going to down more. So, my own take profit it's $1.7314 NZD approximately And finally, looking the Dail ysituation, we continue drop!!!
Short
by harisonhbn9718
Bitcoin is forming a simetric triangle!!!In this analysis, in H1 timeframe Bitcoin is formed a simetric triangle, and also, that mean a possible continuation of the trend, in that cause is bullish, meanwhile Bitcoin is going to consolidated into it, we could see a mini-altseason in altcoins. Now, in H4 timeframe this is the key trend, we continue bullish and we see the simetric triangle so clearly!!! Also, more interesting is that Bitcoin is into this bullish channel that I could to mark in the extreme points of lower higher in the key, you can get it and it's explain that bulls are still bullish, not bearish!!! Also, in H4 timeframe we see a bearsh divergence, but that is the price that make a little correction, but that not mean that Bitcoin is go to down, that is natural in the market do to a correction when they're weakness of the bullish or bearish trend and then, it's neccesary a correction before to continue it. I'm still in long position, but I changed my perspective and I put a target profit at $11,387 USD, and I move the SL at $10,717 USD. Good luck, just be patient of this analysis!!!
COINBASE:BTCUSDLong
by harisonhbn9718
2
Bought of U.S. Dollar: Fundamental AnalysisHello, this week U.S. Dollar is into the recuperation and we see that United States it's go to benefit the American currency. In Daily we see a descendent triangle, but the expectative for medium term is bearish, but for now is long in shorting term That is exactly what I explain in H4 timeframe!!! And also, if you noticed in H1 timeframe, we could see another thing and that thing is a Shoulder Head Shoulder inverted, that is a possible formation to see in the next hours. Now, the objective it's just to find up 120 pips, its a good profit for us!!! So, I put a buy order limit at $104.70 JPY with a SL at 25 pips and my profit is 120 pips Good luck,
Long
by harisonhbn9718
Long Position: Bullish Rising Wedge = 170 pips to pick up!!!Hello, I want to share a series of screenshoot that is interesting to explain with clearly whey Australian Dollar/ New Zealand Dollar is go to leading to up!!! On weekly as we are into this descendent triangle, don't recall that we are in the supply zone!!! On Daily we see that AUD/NZD is reach in the exact demand zone, and investor are buying AUD!!! So, this is a good news that Australain es into the recuperation and we would allow to following the Australia's trend economic. One of the most interesting analysis is the studies of the Elliot Wave Analysis, that study that I making, it's show that we could see another formation of bull trend, in that case is a strenghten of the AUD That screenshoot is also interesting too!!! Because that is so one of the screenshoot that explain so clearly how we are into this support line that in the past was resistance line, it's will retest 3 once and we see that AUD is go to prepare to up!!! And also, in the second screenshoot we see a importank green level if you want to consider this position to put in long!!! And finally, we are in this bullish rising wedge, so guys, I see that the trend is goes to up and then, we hope it!!! So, the only confirmation as the AUD is broke down the rising wedge, that could be a fake movement, and then, it's could be manipulated if you put a short position!!! Beware of it, because the trend is wanting to make a change. And the most is to hope, and please do not put any long position yet until we confirm with a bullish candlestick formation. So, I will going to updated this par!!! As tomorrow the Forex's market it's will closed up, so in case for Sunday we could to take this analysis when Forex's market open up!!! But waiting for some hours until we cofirm it!!!
Long
by harisonhbn9718
2
The trend is your friend: Sell Australian Dollar!!!In this analysis, we sell Australian Dollar because the U.S. interest rate and that cause that United States is go on to the recuperation. But, it's suppose that in H4 timeframe we continue up, but as the U.S. recuperation, the Australian Dollar it's goes to the sell, also look that we are in the bearish channel and we continue sell for the trend. My objective is just find down 80 pips, I entry in the $76.56 JPY, and that we are in short position. So, still support this idea. Also, more intersting is this timeframe. So, I will going to updated tomorrow!!!
Short
by harisonhbn9718
3
Trade pending: Bitcon possible formation of chartist pattern!!!Helo, in this analysis, I believe that Bitcoin is in formation of the ascendent triangle, that expectative is so bullish!!! So, the only that we need to is to hope that the Bitcoin is leading to the little drop approximately until the $11,764 USD to buy in this zone. So, checking this analysis, we need to be patient until the bitcoin is leave down. Also as extra confirmation of support it will being that Bitcoin confirming this support line what in the past was the resistance, if Bitcoin making the confirmaiton of the ascendent triangle + the extra confirmation of the support line, we may to entry in long position with a price action strategy!!! That is the key of trading's success!!! Now, the forecast is that Bitcoin in short term is leadin to the first objective the $11,284 USD, and the second objective that is we use the trend until the point of $9,800 USD from $10,900 USD, that movement proyect a bullish movement until the $12,110 USD. Also guys, today I do not analyze Ethereum or Litecoin because I am so enfocous more in Forex for speculate news, so that trade is pending, in case that this analysis is invalided, and if we see another confirmation that BItcoin is broke up the resistance line that form the ascendent triangle and if case that Bitcoin make a pull back and confirming this pull back, I would make another analysis and look if there will being another long entry!!! So, be patient and wait my forecas that Bitcoin goes to the $10,764 USD.
COINBASE:BTCUSDLong
by harisonhbn9718
1
Fundamental and Analysis: Warned on Sterling Pound!!! On H4 timeframe, we see a possible formation of the Elliot Wave #4. Well guys, we hope another buy entry with the bull candlestick on confirmation. Now, we hope that in H1 timeframe is gave us a entry for long position to find up 200 pips as take profit, because I proyect the Euro is go to be more benefit this week, but the earning in the Pound was so little, but not muhc becuase the fundamental news show another singal of warned for the UK. Fundamental Analysis: 1. Sterling Pound to Euro Exchange Rate Seeing Brexit Pressure but jobs surprise markets. 2. Pound to Euro Exchange Rate Pushed Back as No-Deal Brexit Fear and see no relief yesterday saw Sterling attempt to recover saw Sterling attempt to recover from its sorst levels. 3. With Fears of the UK-EU Brexit talks collapse persisting, the Pound is still uner significant pressure. 4. GBP/EUR is attempted to rebound from its cheapest levels yesterday, and has fallen again from this specualte news showing today. 5. The U.K. government continues its attempts to undermine the Brexit withdrawal agreement. 6. Pound fail to mount recovery despite stronger than forecast jobs. 7. As the UK government won its first parliament vote on pushing through its controversial changes to the Brexit withdrawal agreement yesterday. 8. With a little sign that the government will soften its position, no-deal Brexit fears persist. The pound has been unable to recover much of the huge losses it saw last week. 9. Today, the UK's job market report beating forecasts. Because there were less new jobless claims than expected, and less jobs lost than forecast. 10. However, analysts once again warned that the data was cancealing the full impact of the coronavirus pandemic on Britain's jobs. 11. On the report about the pais employees in United Kingdom, Ed Conway twett in the Twitter that the payroll jobs it's come to down by around of 700,000 since the beginning of covid-19. 12. Ed Conway commented too that redundancies are now rising at the fastest to be shape on the financial crisis in United Kingdom 13. Markets will continue to closely watch domestic Brexit developments, as well as how relations with the European Union unfold. If UK-EU relations worsen further, the pound is unlikely to see much relief. 14. Investors will also be watching upcoming data about the UK inflation rate will be published tomorrow, as will Eurozone trade balance data is published on Thursday. So, fundamentally the Euro is appear to gaining this week on the market with a good opportunity to entry in long position. I believe that Eurozone is more stable than UK and maybe a good buy of Euro is become more resilient as Eurozone is most stronger!!! So guys, we hope a re-entry because on the latest 3 hours I send you an alert to put in long, but as Euro is going to down a little because we see a formation of this bullish rising wedge taht fundamentals told it.
Long
by harisonhbn9718