Rejection
NZDCAD breaking the Ichimoku CloudNZDCAD has been in an uptrend since the first week of November.
In the past few days, the price attempted several times to break the Ichimoku cloud, but we always had a very good reaction by buyers, pushing the price back towards new highs.
This time, action by sellers seems to be very strong and there are also all the conditions with the Ichimoku trading strategy to consider a short position:
Risk to reward is 1:2, but for this trade we can also aim for a bit more.
Good luck!
NZDCHF Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: NZDCHF is sitting around a strong resistance in green so we will be looking for sell setups on lower timeframes.
on M30: NZDCHF formed a valid trendline in red so we are waiting for the last swing to form to consider it our trigger swing.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
EURCAD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: EURCAD is sitting around a strong resistance so we will be looking for sell setups on lower timeframes.
on H1: EURCAD formed a valid trendline in red.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
USDJPY Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: USDJPY is approaching a strong demand in blue so we will be looking for buy setups on lower timeframes.
on M30: USDJPY is forming a channel in red but it is not valid yet, so we will be waiting for a third swing to form around our upper red trendline to consider it valid and buy on its break upward.
Trigger: Waiting for a momentum candle close above the gray area to buy. (if the buy can reach +1R before reaching the first green level)
and until the buy is activated, this one would be overall bearish.
and as price approaches our upper green resistance, we will be looking for sell setups.
Good luck!
AUDCAD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: AUDCAD is sitting around a strong resistance in green so we will be looking for sell setups on lower timeframes.
on H1: AUDCAD is forming a trendline in red, but it is not valid yet, so we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
GBPUSD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: GBPUSD is sitting around a strong resistance/supply in green so we will be looking for sell setups on lower timeframes.
on H1: GBPUSD is forming an ascending triangle in red, but it is not valid yet, so we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
AUDUSD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: AUDUSD is sitting around a strong resistance/supply so we will be looking for sell setups on lower timeframes.
on H1: AUDUSD is forming a symmetrical triangle in red, but it is not valid yet, so we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
CADCHF Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: CADCHF is sitting around a strong resistance (and round number 0.700) in blue so we will be looking for sell setups on lower timeframes.
on H1: CADCHF formed a valid channel in red.
Trigger: Waiting for a momentum candle close below the gray area to sell.
If the price forms a new blue dot around our lower red trendline, then we will update our trigger swing.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
BITCOIN POSSIBLE REVERSALHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: BTCUSD is sitting around a strong resistance in blue so we will be looking for sell setups on lower timeframes.
and round number - all time high - 20k!
on M30: BTCUSD is forming a trendline in red (not valid yet) so we will be waiting for a third swing to form around it to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
NZDUSD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: NZDUSD is sitting around a strong resistance in green so we will be looking for sell setups on lower timeframes.
on H1: NZDUSD is forming a channel in red (not valid yet) so we will be waiting for a third swing to form around it to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish .
Good luck!
GBPCAD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: GBPCAD is sitting around a strong resistance/supply in blue so we will be looking for sell setups on lower timeframes.
on H1: GBPCAD formed a valid trendline in red.
Trigger: Waiting for a momentum candle close below the gray area / neckline to sell.
NB: Until the sell is activated, this one would be overall bullish .
Good luck!
EURCAD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: EURCAD is sitting around a strong resistance in blue so we will be looking for sell setups on lower timeframes.
on H1: EURCAD is forming a trendline in red (not valid yet) so we will be waiting for a third swing to form around it to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
GBPJPY Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: GBPJPY is sitting around a strong resistance in blue so we will be looking for sell setups on lower timeframes.
on H1: GBPJPY formed a valid channel in red and RichBomb (orange diamonds)
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: meanwhile, until our sell is activated, this pair would be overall bullish.
Good luck!