Short-long
Expressive Subjective Predictions About BTCThere is currently an ascending channel and two different symmetrical triangle formations that we are in at the same time.
Although the support zone and trend for the lower band seem to hold the price tight, if the fundamental data creates a selling pressure, the targets of the relevant formation formations seem clear.
On the 4-hour timeframe, the 200-hour exponential moving average is clearly acting as resistance. Also, the Stochastic Relative Strength Index is likely to exert negative pressure.
Trading in PARIS - How AUDNZD and AUDUSD worked out on holidayEven traders need to go on a holiday! However, the markets don't wait for anyone and we were trading on the road.
We first took a trip to Paris and it was a hard adjustment because we were trading in different timeframes and traveling all around the country. We could not post our ideas before taking them as we did not have laptops. Metatrader come to our rescue and in the past 3 days, we have made 2.7% with a 100% win rate
There was a pattern on AUDNZD plus a lot of consolidation so we decided to go long @ 1.10049 and closed the trad @ 1.10306. There was a harmonic pattern to go long on this.
We decided to go short on AUDUSD @ 0.67685 and took profit @ 0.67393
13/07/22 01:3 AUD/NZD Mini converted at 0.858699866543 SD50.76
13/07/22 20:50 AUD/USD Mini converted at 1.39984062 SD1.47
13/07/22 20:47 AUD/USD Mini converted at 1.4016764 SD28.65
Funds: SD11,604.42
I'm gonna give u hope that u needSo i guess the stock will make the last move in down trend that is bad news, but the good is that we can see correction that will let u to exit the stock and say it BYE
SKL FOR SHORT , RTM , FTC as you can see i determined that im looking for some short position on SKL , all i see is A BASE in higher time frame and breaking this base in 1h time frame for long position , so before that i think that the price will touch its FTC for long position , we will see .
rtm
base pivot
return
ftc
EURCAD I SHORT or LONG? Here's Your Plan!Welcome back! Here's an analysis of this pair!
**EURCAD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
Theory 3 of 3 for SPX--MOST LIKELYI have narrowed the likely future paths down to 3 theories.
THEORY THREE: Current position is Primary wave 4 of Cycle A of Supercycle 2.
Theory 3 is on a faster path while the wave structure is similar to Theory 2. The preliminary bear market bottom would be in somewhere between Election Day 2024 and March 2025. The path for the next month would see the market move up for a few more weeks as it attempts to finish Primary wave 4 (SKY BLUE). It appears Intermediate wave A (PINK) has concluded and it is even possible the low 2 days later was the end of Intermediate wave B down. It remains possible for further downswing this week to complete Intermediate wave B but it likely will not pass below the June low at 3636.87. Wave B CAN go below this level but it would bounce above it quickly. Early models have Primary wave 4 lasting around 28 days, we are 9 days into it so far.
IMPORTANT MOVES:
There are no duration restrictions on future movement at this time. A break above 3945 before a drop below 3636 would continue to keep this theory in play.
PROS:
This model appears to be riding election cycles. After Primary wave 4 ends, the market will swoon down again for a few more months with the bottom occurring around October/November this year. The 6-12 months afterward would move up before the final leg down takes the market to around 2400. The correction at the beginning of the millennium saw the overall decline last for about 9 years (March 2000 – March 2009). This was a larger macro event then our current correction. A 2-4 year correction makes more sense for this micro wave set we are likely in.
CONS:
Negatives are not glaring with this model at this time.
Ultra pro CADJPY ANALYZIS Hello and welcome, this will be my analysis for cadjpy. I've marked up the most important support, resistance and trendlines. The price will have a good chanse of reacting to these levels and might react as shown on my chart. I will just wait for the right patterns within support and resistance and enter. Good luck y'all!
#EGLD SHORT 🔴 LONG🟢#EGLD/USDT 🔴 SHORT ⚠️ HighRisk
Entry : 50.90 - 51.85
Take-Profit : 50.10 - 49.40 - 48.75 - 48.10 - 47.45 - 46.75 - 45.85
SL: 52.65 4h CC
#EGLD/USDT 🟢 LONG ⚠️ HighRisk
Entry Targets: 47.55
Take-Profit : 49.87 - 50.15 - 50.155 - 50.450 - 50.700 - 51.000 - 51.400 - 51.900 - 52.500 - 53.100
SL: 46.000 4h CC
GBPUSD SHORT!GBPUSD SHORT
Why are we entering?
- Expecting GBP weakness and USD strength
- Price is retesting our structure level & 0.618 fibonacci level
What are we waiting for to happen?
- Break of ascending WFB trendline & 4HR EMA
- Rejection of structure & 0.618 fibonacci level
Entry
SAFE Entry: Break of WFB trendline with rejection from structure zone & 0.618 fibonacci level
Risk Entry 1: Rejection from structure zone & 0.618 fibonacci level
Risk Entry 2: Early break of ascending WFB trendline or 4HR EMA retest
What is our confirmation?
- Break of WFB & EMA & rejection from our zone
Once entered, where will our Stoploss be?
- Above the structure level (above 1.235) 30 pips
- Move SL to BE after running 30 pips
Where do we take profits?
- Secure profit multiple times along the way (30 pips, 60 pips, 120 pips, 200 pips)
- Final TP - Lower structure level / Point B: 1.195 (370pips)
We will be looking to buy at point B
GBPNZD I Here's What to EXPECT!Welcome back! Here's an analysis of this pair!
**GBPNZD - Listen to video!
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 and COMMENT 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
This channel is the current trend that I see. Pay close attention to the macro trend lines. Price action around these macro trend lines should tell you if trend reverses; it did not reverse today. I have the Cash in/Cash out report set to 10 days in this example. The indicator quiets market noise, today was noise. Give the indicator a like if it makes or saves you money. If the indicator gets 1,000 likes I will make it a free app for both IOS and Android! Indicator found here Get your money back frens!!!
Negative Hidden Divergence About Bitcoin ( Road to $16.500)Currently, a hidden negative mismatch exists in the correlation between the price and the relative strength index in the 4-hour timeframe.
The fact that the price received a rejection response from the 200 hourly simple moving average affects our situation even more negatively.
A simple ABCD setup and the values of the lower band of the channel we are currently in lead us to the $16,500 price target.