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Psycology

USD/CAD: UpdateU.S. Dollar/Canadian Dollar drag the value in front of CAD. So, in the morning, I made an analysis in my iphone to entry in this short, what I'm in profit too with over 18 pips at the moment of this analsysis. So, i found out this trade marking the 0.618% fibonacci. I entry around $1.2838 CAD In H4 timeframe, the trend come bearish, what I believe that I entry in the good point of this analysis shorting USD. This it's my Daily analysis and I expect a drop to the key support of this bullish channel around $1.2650 CAD following this bad news for the Federal Reserv ethat hike interest rate to another 0.75% more, and the GDP fell to -0.9% and made contraction of the economy, more inflation coming for what the FED do. I hope that this analysis support you. I learn that in based this fundamental news, we could to hope the big event how the U.S. Dollar will make their reaction in front of the financail market, becuase that affect and make impact for another Forex currencies, stocks and cryptocurrencies. Also, it's better to wait the result and then take decision in based the fundamental anaysis when we see a big event, and everyday read a lot and check out the economic calendar. This it's not only you will get a clue, but you will take a better decision to analyze the result and how the market will make their reaction. For that, I was in long in USD/JPY and in profit with over 53 pips, when USD fall and take me my SL. It's better when you trade before of the event, closed up the trades and wait to know their results, ever!!! And take a journal of your forex analysis to take appointment and notes of all event in the financial market and Forex. I hope that thi reflection take an idea in the next event of Forex market.
Short
by harisonhbn9718
1
CAD/CHF: Bullish butterfly harmonic patternI found out that Canadian Dollar/Swiss Franc forming a bullish butterfly harmonic pattern with the correct measure using Fibonacci for harmonic. But I see that CAD/CHF as forming this bullish perspective. I believe that CAD/CHF will continue drop, yes drop but doesn't drop as I expect because we see a wick of manipulation zone that institutional are interesting to buy this forex par. I show clearly the rejection point, and also in H1 you can to see better as in H4 timeframe, because the drop was stopped and doesn't make a drop in the price, just a wick of rejection in that zone. Also, there's a good opportunity to buy now CAD/CHF. I entry in the 2nd trade and entry to $0.7481 CHF, Stop Loss to $0.7452 CHF (27 pips) and take profit of $0.7530 CHF (51 pips). In my first trade I entry around $0.7486 CHF, For update, I put the same Stop Loss #0.7452 CHF (32 pips) and take profit of $0.7530 CHF (46 pips) This it's a risk/benefi 1:1, but have a lot potential to reach our target. Good luck!!!
Long
by harisonhbn9718
2
GBP/JPY: bullish hammer candlestickGreat Britain Pound/Yen Japanese develop a bullish hammer candlestick in H1 timeframe, also the price it's into this bullish channel formation and we could to see a good position to long GBP. Meanwhile, in H4 timeframe it's in process to develop the next candlestick to form in H4 timeframe, if we see a strong bullish candlestick in H4 timeframe and depending how long it's the force of bull. This it's mean that bull are going to carry the price to the upside direction.\ For now, in H1 timeframe I see this candlestick pattern called bullish hammer. Now, I entry to long posiiton around $165.64 JPY, Stop Loss to $165.06 JPY and take profit to $166.85 JPY. Now, it's not only that I consider this analysis as right, I'm watching the H4 timeframe and depending what kind of candlestick will form, I will keep this position, by the contrary, i will closed up if I see the unexpected key to keep the trade. So, you can to put long position, but watching in H4 timeframe how the candlestick end. Good luck!!! I will update the H4 timeframe and inform you my decision in the next 2 hours.
Long
by harisonhbn9718
6
AUD/USD: Possible continuation of the trendAustralian Dollar/U.S. Dollar still in this bullish market structure that we could to find up bought in the smart level to watch in H4 timeframe. I mark in the black circles the key to watch. Also, as we break out this bearish channel, the trend could to turn bullish. So, we would need to know how the candlestick in H4 timeframe will closed up to take a tract if we could to entry to bought, or wait a little more to know if reach down the point $0.6853 USD to bought in this smart level. I will update this par if we see an opportunity to long. Keep pending this opportunity
Long
by harisonhbn9718
GBP/USD: Sterling Pound will follow the correlation with EuroI will explain very well this way, because Sterling Pound stil in this downside and the correlation with Euro bad news it's high that will impact the worth in GBP. So, I see that we could to short GBP/USD only wait my exact key to watch $1.1924 USD, and then look how the price action will react in that zone. This it's a good opportunity to look away. I will update this par. I suggest to put an alarm in the $1.1920 USD, because we would to watch if the price will retest and confirm a bearish signal using price action Good Luck!!!
Short
by harisonhbn9718
15
GBP/CHF: UpdateAt the moment of this analysis, Sterling Pound stil failling in front of Swiss Franc. Alos, I mentioned yesterday that I pushed a sell order limit to $1.1680 CHF, now in the morning Sterling Pound climb a little and my Stop Loss still around $1.1719 CHF. And also the movement that made Sterling Pound was manipulated and my position in Sterling Pound/U.S. Dollar I have been liquidated loss 3.02 % in this trade. What Sterling Pound it's in bearish movement in front of U.S. Dollar and Swiss Franc. It's mean: GBP/USD = bearish GBP/CHF = bearish So, GBP/CHF continue in my right direction and at the moment I'm in profit with over 40 pips what I see. My own target still around $1.1530 CHF around 151 pips This it's my udpate of my par GBP/CHF!!! This it's the H4 timeframe
Short
by harisonhbn9718
2
USD/JPY: bearish flag channel + SHS U.S. Dollar forming a bearish flag channel in H2 timeframe, you can to view in H1 too, but in H2 we see one thing very good in this analysis. Because in the price action, we formed now a bearish engulfing pattern. But into this price action, we see a bearish flag in formation that the price could to drop. And right now, we forming a Shoulder Head Shoulder (SHS) that it's in formation and we have this chance to put a short position in USD/JPY. Also, we could to put a short position in USD/CHF as USD/CHF will drop too. But in my opinion for USD/CHF it's that if we like to short this par, the price need to break out the demand zone, but we could to have this opportunity to short. But in USD/JPY it's very more clearly than USD/CHF that we could to find a short position in the good point now. Shoulder Head Shoulder and my projection to $132.20 JPY. i put a sell order limit to $135.12 JPY and target to the $133.80 JPY (support in the EMA 200) and Stop Loss to $135.68 JPY. This it's a risk/benefit of 1:2. Good luck!!!
Short
by harisonhbn9718
CAD/CHF: Gartley Harmonic PatternCanadian Dollar/Swiss Franc forming a awesome Gartley Harmonic Pattern in H1 timeframe. The price it's move into this bearish channel and this it's another opportunity to short CAD/CHF. in that trade, I will put a sell order lmit to $0.7422 CHF. My Stop Loss to $0.7452 CHF and take profit of $0.7352 CHF. This it's an opportunity to find down 69 pips. The H4 timeframe will closed up this candlestick bearish, if that result bearish, it's a sell imminent in this good trade I hope that this idea support very well in your analysis. Good luck in this short position!!!
Short
by harisonhbn9718
4
Cardano forming a symetric triangle to overview now!!!Cardano price forming a symmetric triangle in 3 Daily timeframe and it's in this clearly consolidation that could to up to $0.61 cents again to watch this smart price to sell this cryptocurrency, and also entry in the smart point to sell and following the trend always. So, I will closed up my short now because crypto could to up a little ,but it's not to the moon and always following the trend it's a key to learn very good. In Daily timeframe, we formed a demand zone over here around $0.47 cents and price continue climb to see now a possible chartist pattern in formation. So guys, I have this perspective shorting ADA in 3 Daily timeframe. I expect that the price climb to $0.61 cents approx. and then wait to entry in short position in that zone to sell Cardan toward my new point $0.20 cents. This it's a crash of almost 70% I hope that this idea support you
BINANCE:ADAUSDShort
by harisonhbn9718
4
Bitcoin could to crash easily to $12,500 USD soon!!!In my Daily analysis, I share my own point what I see in the Bitcoin price. I don't thinking to long Bitcoin for nothing, because we're in the clearly bear market. What I can to hope it's that Bitcoin reach $22,500 USD approx. and watch this point of supply zone to sell in that point. I can to calculate the past crash that Bitcoin was around $30,800 USD on June, 8, 2022 and crash to $17,800 USD on June, 19, 2022 and it's take 11 days to crash over -44%. What I can to see, we could to repeat the same play to watch a possible the beginning of the crash from $22,500 USD to $12,500 USD in the next step out to watch. So, I hope that this idea support you in this expectative in the Bitcoin price.
COINBASE:BTCUSDShort
by harisonhbn9718
EUR/GBP: Zone of TrapEuro/Great Britain Pound made this break-out of this consolidation But for who entry around 0.8580 GBP, you're target could be 0.8630 GBP, because you will need to pay attention in 2 point to watch in this possible market trap and entry in the possible short in this par against what they're boughts in the moment, but a lot carefully trade EUR/GBP. We're in this bullish channel, but you will need to pay attention in H1 timeframe what I look. And maybe we could to expect a bearish movement incoming I hope that this idea support you I will keep update this par until get conformation to short EUR/GBP Keep update!!!
Short
by harisonhbn9718
1
GBP/AUD: Break-out trend lineIn H1 timeframe, GBP/AUD made this break-out in H1 timeframe and I believe that the price it's moving to the key zone to watch $1.7482 AUD becuse in that point could be a good confluence to entry in the bought. If you see very carefully, we're in the bullish trend in GBP/AUD following this bought zone. Also, I will going to entry in short position add a sell order limit in the price of $1.7594 AUD. The Stop Loss around $1.7663 AUD (60 pips) and target to $1.7482 AUD (120 pips) This it's the H4 timeframe and I see the following perspective. First, GBP/AUD will lead to the blue order block to find up a possible demand in this zone. and then, to watch what could to happen, it's one of the following model that I draw to take in perspective depending the price action. First, if I see any break-out of this blue zone and if make a pull back like resistance zone, then I will re-entry in short. But in case that trying to break-out the blue zone, but bulls forming a demand zone, then I will bought in that smart zone to watch!!! I hope that this analysis and idea support you in your Forex trade Good luck!!!
Short
by harisonhbn9718
2
Ethereum weekly analysisEthereum it's in the bear market confirmed very well and the price it's below of the EMA 200. Durin this day, we see that Ethereum reach arounD $900 USD. The price it's around $1,060 USD. Right now, in weekly timeframe we see a bearish movement in the price action and the RSI forming a bearish divergence making higher low in the indicator showing weakness of the trend. So, based this analysis, I calculate that Ethereum could to reach $474 USD in the next weeks to watch. Also, I share my monthly timeframe here that this month was extremely bearish for Ethereum So guys, I will share those analysis here to know my own opinion and perspective for crypto-markets. I hope that this idea support you!!!
COINBASE:ETHUSDShort
by harisonhbn9718
11
GBP/USD: short position in the key resistance zoneAs I analyzed in my recent analysis in GBP/USD. The trend still bearish and GBP touch the point that we're in the supply zone to sell!!! At the moment, I put my sell order at the market price $1.2148 USD. Stop Loss to $1.2233 USD (90 pips) and target to $1.1931 USD (215 pips) So, this trade it's look with awesome opportunity. Also for tomorrow, we have the U.K. interest rates too to watch because I believe that I don't convinced how the Bank of England will support the economy into recession and fears of trade war in the global currencies. For that, I'm short GBP. Good luck!!!
Short
by harisonhbn9718
1
CAD/CHF: short position; new updateFor what I analyzing in H1 timeframe, the price action only trying to break-out at favor by bulls. But we're in the point that we would need to short in H1 timeframe and keep away the H4 becuase the bullish perspective could be cancelled now, but taking in note that we're in the bull trend. I will put a sell order limit to $0.7727 CHF and target to $0.7660 CHF (68 pips) and Stop Loss to $0.7752 CHF (24 pips) Also to take confluence, the Oil it's drop and this it's a good alarm that Canadian Dollar will slip down. This it's the panoramic in H4, we're still in this bullish channel perspective, but the price action take momentum of bears in H1. So, in this timeframe I see a 2 bearish candlestick with rejection and signal. I see a bearish pressure in the first candlestick and more later we see a beamish hanging man indicating sell in 2 confirmation more. That it's a bearish signal that CAD/CHF will down at least maybe 60 pips. Also, I draw this level support to watch very good. I hope that this idea support you. Remember, the trend still bullish, but CAD/CHF it's into this bullish channel in formation and we're still in the phase #4 of Elliot Wave Cycle Good luck in this short position
Short
by harisonhbn9718
8
CAD/CHF: Pending in the bought possible!!!Canadian Dollar/Swiss Franc forming a bullish market structure that the price could to climb up and we see an interesting long position to watch now Analyzing the H4 timeframe, I mark the key point of the Elliot Wave Cycle that you can to read in the link that I post in the section to related ideas. But analyzing more deep, the price it's in the 0.382% Fibonacci and we expect any bullish signal in the price action in H1 timeframe. The H4 it's my fast driven to look, but I put my conservative target in H1 timeframe. I will udpate this par when I identify a bought signal
Long
by harisonhbn9718
1
CAD/CHF: Elliot Wave Analysis ProjectionCanadian Dollar/Swiss Franc forming an Elliot Wave Cycle that could to continue up to find the Elliot Wave #5 in this timeframe. But analyzing more deep, the yellow number reflect the Daily timeframe what I draw more better here in my own analysis here: We're forming the phase #5 of this Elliot Wave Cycle. And look in H4, we see that we're in the good point that we can to bought in the drop of this phase #4 of this Elliot Wave Cycle in H4 timeframe, and now, we're in the interesting point that we could to find up long position following this model and example Everyday i work better in my analysis and I earn experience to make professional analysis with nice design and template, more understood, classic and modern I hope that this idea support you. In some minutes, I will post my 2nd analysis of CAD/CHF to know if we're in the good point to bought!!!
Long
by harisonhbn9718
GBP/CAD: Break-Out bullish rising wedgeGreat Britain Pound/Canadian Dollar was in the downside, but in that point, I see that GBP it's look with a chance to climb in this week and I see a good position to long. The price it's into this symetric triangle, but as we look very carefully, we break out this bullish rising wedge and this resistance diagonal was broke up. This it's the H4 timeframe and we see a bullish divergence in the RSI indicator making lower high and price action lower low. And also, as we break out this gray zone that I mark with 3 blue arrow, this it's a key zone to watch and possible pivot point to look as manipulation incoming. I put a long position in GBP/CAD now in the $1.5764 GBP and SL to $1.5726 GBP and target to $1.5880 GBP. I hope that this analysis support you Good luck!!!
Long
by harisonhbn9718
4