Purepriceaction
USDJPY 4Hprice hit our target 213 pips accumulated
now we are waiting for a bears rejections around our upper trend channel.
if bulls will break the channel then we gonna look for a buying confirmation and go long with it
SHORT SELL OPPORTUNITY IN CAD/CHFReasons-
1) Weekly trend is bearish.
2) Trend being our friend, we look only to sell.
3) Rejection from the upper daily trendline.
4) Bearish H4 channel.
5) High reward potential with a small stop.
Kindly trade at your own risk.
Good Luck
LONG POSITIONAL OPPORTUNITY IN NZD/JPYReasons-
1) Trading above 200 ema on daily & weekly.
2) Trading above ichimoku cloud on daily & weekly.
3) The above 2 points signifies that the market structure is bullish.
4) Trend being our friend, we only bet in direction of trend.
5) Entry above recent swing high that will make sure that tekan and kijun sen will be sloping upwards (price tends to face rejections from them)
Kindly trade at your own risk
Good Luck ✌️
LONG OPPORTUNITY IN AUD/JPYReasons-
1) Making higher highs and lows on higher timeframes.
2) Trading above 200 ema on daily and weekly.
3) Trading above the ichimoku cloud on daily and weekly.
4) Our entry above recent swing high where sl orders of bears are likely to be accumulated.
5) Zone to Zone trend riding.
Kindly trade at your own risk
Good Luck ✌️
LONG OPPORTUNITY IN NZD/CHFMarket structure - Trendless/Sideways
Currently at - Demand Zone
Daily & Weekly trend - Bullish
H4 - Morning Star candlestick pattern (Bullish)
Trend is the friend :)
GOLD ANALYSIS (15YO TRADER)WEEKLY- I set my timeframe to weekly so that I can set my area of support and resistance. and also to see what is the current market stage is and it is currently in its Distribution stage.
Daily- I set my Timeframe to daily so that I can start predicting what will or where will the market go. And based on my analysis the market is in its resistance and also on a downtrend. I can say that it continues and push lower.
4h- I set my timeframe to daily so that I can confirm my analysis on a daily timeframe, and it formed a descending triangle that indicates a high seller pressure. The triangle is formed just above its resistance and it might break soon.
I will put my short position after the market pushes lower and go back below its resistance. I will put my SL just a little bit higher so that I won't be stoped.
(not a Professional)
AUDUSD SHORT See price at my drawn area of daily supply placing a sell position risking 1%
Please like and comment it pushes me to keep creating content on pairs and my bias on it :)
-This is merely MY outlook and not advice on what YOU should do just my opinion on what I see
XRP POSSIBLE BOOMLast time XRP hit my area of Weekly Demand was on July 16 2017 you can see price how price touched it again in March of 2020 , Now you also see price stalling at the 0.30 cents area the same area it was stalling in 2017 , if price does break the current area of supply its at right now , XRP may pump and who knows maybe go for a another pump to the upside for god knows how much , i personally have been holding a good amount of XRP coins since 2018 since i believe in the value its bringing and the price i got it for in my opinion is amazing but lets see how it plays out , happy trading guys :) and SHOUTOUT MY LONGTERM XRP HOLDERS
Please like and comment it pushes me to keep creating content on pairs and my bias on it :)
-This is merely MY outlook and not advice on what YOU should do just my opinion on what I see
AUDCAD SHORT DAILYEntry: 0.9530
SL: 0.9590 (60 pips)
TP: 0.941 (120 pips) RR = 2
Ealy Exit: 0.947 (RR=1)
NZDUSD Short 12HEntry: 0.6876
SL: 0.6923 (47 pips)
TP: 0.6782 (94 pips)
RR = 2
Ealy Exit: 0.6829 (RR=1)
