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Rejection

USDCAD - Potential Bearish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. USDCAD is sitting around strong resistance so we will be looking for sell setups. on H4: USDCAD is forming a trendline in red , so we are waiting for a new swing low to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then sell after a momentum candle close below it (gray zone) Meanwhile, until the sell is activated, USDCAD would be overall bullish can still trade higher till the GREEN resistance before going down. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
3
CHFJPY - Potential Bearish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. CHFJPY is sitting around strong resistance so we will be looking for sell setups. on H4: CHFJPY is forming a trendline in red, so we are waiting for a new swing low to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then sell after a momentum candle close below it (gray zone) Meanwhile, until the sell is activated, CHFJPY would be overall bullish can still trade higher till the lower blue resistance before going down. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
4
EUR/USD Analysis - It Will Head UpwardWelcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** Current technicals point to a bearish bias on the weekly of EU. After a deep push to the downside and minor correction, sellers struggled to break lower than 1240. A break of above 1352 would signal next target at 1450 zone (previous weekly resistance). Volatility may begin to slow as we approach the holidays so don't expect major movement from this pair. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
BTC Rejection!From my previous post, you'll notice that BTC fell below an ascending channel, that's been around since July 2021. Since then, it came back up to retest the channel but the bears have stepped in and managed to push prices back down. This rejection has BTC currently trading back in its previous range 47k - 50k. If the selling pressure continues, we can see a 5% drop to the previous support. Let's watch closely. Love it or hate it, hit that thumbs up and share your thoughts! Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect! This is not financial advice.
BITFINEX:BTCUSD
by rnaofs
Potential Shark Forming 🦈🦈GBP/NZD - Potential Shark forming, nice mitigation from a 3H OB and then entering on a LTF BOS/momentum! Looking for a swing to the D point tapping into another nice PRZ for a potential reversal! Let me know your thoughts!? ** Disclaimer *** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Short
by benalistarfx
USDCHF Analysis - Wait for Downward Continuation Welcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
Potential Shark Forming 🦈🦈USOIL - Trading away from the Daily and previous monthly low, price tapped perfectly into our OB (Yesterdays analysis) the .886 pullback of the weekly PA. I'm looking to complete this shark pattern to cover previous imbalances before price potentially continues the monthly DT. (Weekly still bullish) (We may get a pullback before the main push, I've entered early as we had a LTF BOS) if we get a pullback before a push i'll enter again with LTF confirmation! Lmk your thoughts! ** Disclaimer *** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
TVC:USOILLong
by benalistarfx
W rejected at Channel retestIve been waiting for this to play out. Even with relative market weakness and lower volume due to the holiday Wednesday and Friday W ripped. Friday it finally retested a breakout of this channel. Obviously it failed and sold off to close the day. It managed to hold inside this golden zone, I’ll be watching for it to push up over $281.74 and then follow the levels back up for another retest. If it shows weakness we can follow it back down to the bottom of the channel. Or play it both ways.
NYSE:W
by jmorg33
USDCAD - Potential Bearish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. USDCAD is sitting around a daily resistance in green so we will be looking for sell setups. on H1: USDCAD is forming a channel in red but the lower trendline is not valid yet. So we will be waiting for a third swing to form around it to consider it our trigger swing (projection in purple) Trigger => Waiting for that third swing (gray zone) to form then sell on its break downward. Until the sell is activated, USDCAD would be overall bullish and can still trade higher. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
4
AUDUSD - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. AUDUSD is sitting around daily support in blue so we will be looking for buy setups on lower timeframes. on H1: AUDUSD is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, AUDUSD would be overall bearish can still trade lower inside the blue support before going up, or even break it downward. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
6
$MAR rejecting important levels for new ATH?ANALYSIS: $MAR last trading session showed great rejection candle off last year high and previous month low. After pulling back to Pivot Based EMAs, price closed just above slow PEMA. The rejection is supported by low volume node from the composite volume profile over the last six months. In addition, the rejection area remains highly important for $MAR since major tests occurred in Feb '18, Dec '19 and Mar '20 (ref. weekly TF) EXECUTION: Scaling into the position by executing an entry with 50% trade allocation at/near the last session's mid point (153.18), if price opens above it on Monday 22.11. Add to the position by executing an entry at/ near the absorption zone (mid point of rejection day) on Day 2. Finish scaling to defend your position should a failed new low of days 1 and 2 develop on Days 3 and/or 4. In price closes below 153.18, exit the position. TARGETS: The new low of the month suggests a possible retest of month highs at 162.31 with further extensions up to 165.50.
NASDAQ:MARLong
by abel86
CADCHF - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. CADCHF is overall bullish and approaching daily support so we will be looking for buy setups on lower timeframes. on H4: CADCHF is forming a channel in orange but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, CADCHF would be overall bearish can still trade lower inside the blue support before going up. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
3
AUDJPY - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. AUDJPY is sitting around daily support in blue so we will be looking for buy setups on lower timeframes. on H1: AUDJPY is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, AUDJPY would be overall bearish can still trade lower inside the blue support before going up. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
10