Sell after correctionWaiting for this correction to be finished by either creating a double top and waiting for a strong sell signal at the double top.. or we fail to reach to create a new high and we break the flag pattern
Shortsignal
EUR USD ::: SHORTDATE: 02 AUG 2020
INSTRUMENT: EURUSD
TIME FRAME: 4 HR
CONFIRMATION TIME FRAME: DAY.
CMP:1.17754
PSAR: BEARISH.
STOCHASTICS: BEARISH.
SELL BELOW: 1.17620
STOP LOSS: 1.18054
TARGET: 1.15416.
RISK DISCLOSURE :
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
Looking for continuation to downsideLooking for some sort of continuation pattern for further downside momentum
Looking for shorts After an initial drive to the downside, I am now looking to get short if I can get some sort of corrective structure before hopefully seeing it move lower.
Ascending channel formingLooking for that first clear possible rejection within the ascending channel
1st potential reversal point First potential reversal point for GBPUSD keep your eyes peeled for an impulsive move to the downside followed by a correction and then the possibility of even further downside
AUD show a momentum change of the trend!!!That is my H4 timeframe, if you want, you can get it this analysis!!!
Sell after break of correction Already in a sell on this position with all the risk off the table.. waiting for a break of the corrective pattern to the downside and will then look to get short again
Wait for the first impulse and correctionWaiting for the first impulsive move to the downside followed by a correction then looking to get short
Wait for a correction before a possible push lowerwaiting to see what kind of price action develops at this major price level
EUR/CAD show a bearish movement to find down Money profits!!!Hello guys, in this technical analysis we wil go on short position in this technical analysis, because EUR/CAD show a nice chartist pattern called tripple top, that is a bearish siganl so that Euro is going to drop, specially the Euro vs. Canadian Dollar show that.
So, that is the analysis that I make it.
Now, look in Daily, we see that there are many candlestick that showed a possible drop, specially that we are in this bearish rising wedge to entry here
That is the key analysis in H4 timeframe. That show that we have a tripple bottom marketd in these blue arrow.
I hope that this analysis is support you!!!
So, in the H1 timeframe we see that movement is so bearish soon
So, I put a sell order limit at $1.5540 CAD and the SL at $1.5601 USD, that is 60 pips, because calculated the risk in US Dollar is $4.44 USD, that is considerable within of my risk 10%, because in the last days I earn in EUR/USD and EUR/GBP recently when I Closed up my position, now I have the USD/CAD activate in short as Canadian Dollar is strenghten.
