Inverted head and shoulders at crucial pointWait for the break out and then trade as per risk to reward.👍
It can also give breakdown.
Bt most probably it should give breakout.
Have a great day
Priceactiontrader
Descending triangleDo you own analysis before taking trade.
By my analysis wherever it will break, can give great targets.
EURJPY Easy 150+ GainEURJPY can move 2 ways- short until trend and launch on a long position, or rally from actual price at the moment. Both are beautiful positions for an increase in equity. Fundamentals and technical look beautiful. Stay blessed, keep increasing that equity curvature and lets 211 these banks!
Fundamental-Economic Calendar: Market Composite PMI & Services PMI for February Increased
Technical- Price Action Analysis
BTC Sells before another all time high. - Trust my levelsAs we successfully forecasted a whole bullish move in EURUSD, we will try to do it as well on Bitcoin. As always, trust my levels. Take care.
USD/SGD Long Position Buy Op
Daily/4Hr
Price has been in a downtrend but it is looking like we may have a reversal/breakout happening.
The 50MA has crossed over the 200MA on the 4hr and may be pulling back to the 200MA on the Daily.
Will be looking for my buy entry on the higher low/50MA on the 4hr chart and 1hr for candle confirmations.
Entry AREA 1.33360
SL 1.33008 (35Pips)
TP 1.35000 (163Pips) 1:4.66 Risk/Reward
BHEL LONG SIDE ANALYSISBHEL Swing Trading Analysis
Take a Trade Always With Price Action Only
Now BHEL Trading In Buying Zone (CPM 30 TO 40)
All Target and Stoploss Mentioned On This Chart .
EUR/USD Possible Short. Sell Op 4Hr Timeframe
Price has started a downtrend and is currently in consolidation on the 4Hr timeframe.
Shooting Star and Marubozo candle on 4Hr Resistance.
Looking to get in on the LH/4Hr resistance or the pullback to the 50MA on the 1Hr timeframe.
Entry 1.21200 AREA
SL 1.21860 (66 Pips) Use proper Risk Management!
TP 1.17500 1:5 Risk/Reward
DON'T FORGET TO TRAIL YOUR SL!!
Weekly Bearish Special Crab on BTCThe special crab on the weekly on BTC those that extends to the 1902 fib level discovered by Scott Carney ( my mentor). As we can see, this is the first time this pattern is completing so we expect a Type1 reaction to a minimum 382 fib level which is around 22k ish and a maximum 618 level around 15 ish. These markets have been overbought I believe it will continue to the up side if the market breaks above 34800 it’s new ATH. Thank you. Please like ,follow and comment if you find this useful.
USDCAD- DOWNTREND OPPORTUNITIESI marked important zones for trend and counter trend trades in USDCAD.
Waiting for entry reasons in 5 minutes timeframe.
EURUSDI think we have consolidation in this pair in 1H timeframe, and I expect little bounces from specified zones in 5M timeframe
BAJAJ AUTO - LONG BREAKOUTHi Friends,
Check NSE: BAJAJ AUTO after longtime Breakup from the trendline.
NZDUSD Price ActionNZDUSD Is looking to fall this week following this recent price action. Price action is showing us price breaking out of a 3 touch structure, but what is important is how we broke out. This is important because price has broke out in the formation of an ascending channel. This current ascending channel it is currently in is crucial because it could be a prime example of how Price action fools typical support and resistance traders. The normal S/R flip would indicate a buy off of a retest of its previous high. Price action catches these traders on the wrong side of the market, and has the potential of having a huge bearish move this week to the bottom of its bigger structure. Best of Luck to my traders this week!
Follow for more price action ideas :)
GBPUSD Price ActionHere we are looking at a typical 3 touch structure . Price is getting to its third touch in a smaller ascending channel. I am personally waiting to see how we reach the third touch, Whether or not we reach more consolidated or impulsively is yet to be known, however with the price action given (after news) we are left with a clean structure. Looking for SHORT opportunities.
EURUSD 3 touch Fake-Out structureClean price action on this pair shows price breaking out of structure but then we see price impulse back down. Waited for correction of impulse move to enter this trade. Looking for a second entry after the break of this continuation flag to continue its move.
AUD/JPY Clean price actionLooking to Find Shorts this week On AUDJPY . Here is my analysis: On this three touch structure, I am focusing on the price action coming into this third touch. Consolidation near this third touch is key and will be aiming for the bottom of Its bigger structure.
NZDUSD BEARISHNZDUSD : Was originally looking for third touch in bigger structure however we created a three touch structure on the 1 hour time frame. Bigger structure had a corrective break, as well as a break of that smaller correction as well. Many confluences to this Pair leaning towards a very bearish outlook. Aiming for the bottom of the bigger structure.
USDCAD Consolidating Waiting To DropUSDCAD is currently in a descending channel. Nearing the top of its trend line if we see a rejection we could be seeing price falling next week. However if price breaks higher you could look for a Bearish Flag for confirmation of higher moves to the upside.
GBPJPY READY TO FALLGBP/JPY is currently in an ascending channel nearing a double top. Anticipating price to make a third touch past the double top catching people on the wrong side of the market. Most Support & Resistance traders will see price pass its double top and will be ready to look for any Long positions off the retest. Waiting for price to slow down and consolidate near its third touch. Waiting for confirmation later this week with rejections and clean price action confirmations.
EURUSD| GO LONG OR GO SHORTGood morning Traders,
price action is proving resilient and is suggesting it may create a deeper channel, will it complete the channel and push out with a strong bearish close or will it just continue ascending upwards, is the main question I will be asking.
In my view of price action, I see further upside because we still have some buying power within the markets, until we have a real sell off and push away, I have highlighted areas of interest but we just may continue in this corrective range.
nonetheless I will be waiting for price action to confirm.
let me know your thoughts.
