CHFJPY - SHORT TRADE PLANMarket Instrument: CHFJPY
Timeframe: H4
Analysis: Technical
Structure: Trend Breakout and Pullback
Prediction: Bearish
The recent bull trend formed followed a breakout on its trend line and now we see a pullback formed back towards the supply area which helped the trend breakout and the sell-off. If this pullback goes for a weak bull pressure we may see a nice drop back towards 50-61% of fib levels on the recent bull trend. While the fact current price for CHFJPY is holding a major weekly and monthly supply area which supported a strong decline in prices.
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CADCHF - LONG TRADE PLANMarket Instrument: CADCHF
Timeframe: H4
Analysis: Technical
Structure: Trend Breakout and Support
Prediction: Bullish
CADCHF on major support formed on H4. Here I have picked up a downtrend where this requires confirmation of a breakout on the trend line. If we see a clean breakout on this bearish trend we can take it as a bullish sign or confirmation to find the next opportunity with CADCHF. The support I have picked up here is very important at the moment a well-managed position will generate a good return in the future. Keeping a close watch inside the circled area to spot any opportunities.
AUDUSD - LONG TRADE PLAN Market Instrument: AUDUSD
Timeframe: H4
Analysis: Technical
Structure: breakout and Retracement on Support
Prediction: Bullish
Price for AUDUSD is following a bullish sentiment where the price managed to form higher lows and ladder up. The support level has already been breached with a bullish take-off and got pulled back close to the highlighted area. We can see an attempt for a bullish reversal formation inside the circled area at the moment of analysis is made. If the bullish sentiment remains stronger than bears we may see a push back up close or above the 61% of fib levels...
AUDCAD - LONG TRADE PLANMarket Instrument : AUDCAD
Timeframe: H4
Analysis: Technical
Structure: Support and Fib Retracement
Prediction: Bullish
On H4 timeframe price following a trend breakout and I have personally spotted a very important on the specified chart. Where we can see a continued drop towards the highlighted area and a bounce back if the supported area remains stronger as expected for another lift-off in prices for the AUDCAD pair. While I have adjusted the fib on the following bullish trend formed we can see that the 50-61% area is perfectly fitted with the picked up support.
Any bullish reversal formations identified on the support area can produce a good market opportunity...
NASDAQ's Bull wave can go for a sell-off?Market Instrument: US100
Timeframe: Multiple
Analysis: Technical
Structure: Ascending Channel, Breakout, and Resistance
Prediction: Bearish
This bullish ascending channel is very strong since August 2020 it's a complete bull ride which remains stronger for more than 17months now.
Here I have spotted 5 impulses formed inside the upper and lower boundary of this ascending channel, Where recently a resistance formed on the top of the structure close to the upper boundary. This supply zone went on a quick (-7.4%) decline.
After the 5 the impulse seems to be bringing in a sell-off-market condition for NASDAQ after 17 months of the bull ride with more than 61% growth for the period.
If the above-highlighted resistance remains stronger and powerful against the bull market then we can see a price drop close or below the lower boundary of the picked-up structure.
During a bearish market condition if the NASDAQ shows a breakout on the bullish trend formed this can be a sign of a massive sell-off where the price can be plunged by 50-61% on this bullish wave formed.
If the market confirms a breakout on this ascending channel, we can see a price level close to 12800-13500.
BITCOIN’s New year update using breakout and supportLets have a look on the year end performance on bitcoin. Where it wiped off the ATH formed during the recent bull run after a correction has been made close to 30K levels.
On the monthly base its a clear pull back or retracement close to 61% where a strong demand zone has found near the 42k area. We have seen a long held bearish market since Novemeber meanwhile we can expect the same bullish sentiments at this level.
Christmas showed up a good bullish momentum in the crypto space where now those gains has completely wiped out before the New Year.
Through the previous analysis I have mentioned that we have an very important resistance or supply level holding at 52k where if price visits back this area and fails to break and hold above this price level this can drop back close to the supports formed at 45k and 40k etc. You can find the previous analysis here >> traderchamp.site
On the daily timeframe I have highlighted the sell offs happened during this 52k resistance and as mentioned earlier for the third time we have seen another sell off.
traderchamp.site
This is the chart which I used to highlight the key levels of supports and resistances formed on Bitcoin’s Daily timeframe.
traderchamp.site
On H4 timeframe we can spot a very clear trend breakout on the bearish wave while I have spotted another important minor support which has been playing for Bitcoins lower timeframes for a while. We can see that price has revisited the minor support once again after the breakout formed. If this support remains stronger and helps for a bullish reversal this can play an important role on Bitcoin New Year performance.
traderchamp.site
Bitcoin formed another important structure, This ABCD pattern is very important to watch at this stage as it holds the expectations of many bitcoin holders. If this ABCD remains strong and bullish biased we will see a strong ride towards 60k.
ETHEREUM - DONT IGNORE THIS CUP & HANDLE PATTERN Welcome!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
GBPUSD FORMED A FALLING WEDGE Welcome!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
BITCOIN WILL MEET THE SUPPORT AT 40K AFTER BEAR FLAG Welcome!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
SHIB IS ON A VERY IMPORTANT KEY LEVEL Welcome!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
BITCOIN - THIS PULL BACK COULD BE THE NEXT ATTEMPT FOR SELL OFFWelcome!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
GOLD - THREE TARGETS TO WATCH ON THE REVERSALWelcome!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
CHFJPY CONSOLIDATION - WAITING FOR THE BREAKOUTWelcome!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
BITCOIN - THIS HARMONIC PATTERN HINTS SOMETHING IMPORTANTWelcome!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
SHIB GOOD BUYING LEVEL IS STILL ON SIGHTWelcome!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
BITCOIN BUYING LEVEL SPOTTED ON CONTINUING BULL TRENDWelcome!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
AUDUSD - LONG TRADE PLAN ➡️ 0.72800Welcome!
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Follow the trade plans and notes. Sketch up your own trade setup and make sure you meet with the required confirmations first, before you make your move!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
BAT WILL MAKE IT'S WAY ABOVE $2.20 NOW AFTER MAKING NEW ATHWelcome!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
SOLANA THIS BULLISH PATTERN WILL HELP TO CROSS THE $320 MARKWelcome!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
BITCOIN - BUYING LEVEL ON BULLISH TREND AND MINOR SUPPORTWelcome!
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Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
SHIB HOLDERS SHOULD NOT IGNORE THIS PATTERNWelcome!
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Follow the trade plans and notes. Sketch up your own trade setup and make sure you meet with the required confirmations first, before you make your move!
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
GOLD PULL BACK ON SUPPORT CAN REVERSE TO FOLLOW $1900+ RANGEWelcome!
What's up traders! Thanks for Jumping back on my Analysis, 👨💻 Trader champ is here behind the charts, Hit the thumbs up 👍 and support the work
Follow the trade plans and notes. Sketch up your own trade setup and make sure you meet with the required confirmations first, before you make your move!
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
Mohamed Khalid Rafi ,
Senior Financial Analyst,
Profitlio Trading.