Skyboxpips
Ethereum Trade IdeaHello Traders and Crypto Experts,
We see Ethereum buying up in price in the near future. We have a trendline break. For buys, I would have a target at next liquidity around the $1550.
For sells bias, There is liquidity around the 1270 range so if the H4 candle buy price action fail and the continue downside.
Expect FOMC news to violate the markets. Remember to use risk management and be alive to trade for another day
GBPJPY Setup ReviewHello Traders,
I am doing a brief overview on the GBPJPY trade I took in New York Session today. After NFP news was release, we seen a triple top formation. After the engulfing candle from the triple top, enter a sell position to scalp.
I ended up closing the trade early at 30 pips due to doubt of it reaching 161.616 level which is the daily low.
Hope this help some of you. The trendline break and retest is a simple strategy.
German 30/ Dax30German30 (DAX30) have been in a uptrend for recent weeks. Price is hugging the trendline and we may see price continue in a uptrend. We may get a break of trendline for a retracement to continue bullish.
AUDJPY Profitable tradeHello Traders,
We posted the AUDJPY Analysis before price movement. Please view the "related idea" section below to see how spot on we were in our analysis. We identified the Head and Shoulders pattern at a weekly price level
Price went 500 pips from entry point
$10 x 500= $5,000 profit
$100 x 500= $50,000 profit
$1000 x 500= $500,000 profit
Leave a comment if you did took the trade or you have learned and want to see more in the future
CadJpyHello traders,
CadJPY has been in a bull run for months due to the Japanese Yen weakness.
indecision has been printed on the weekly candle with and break and retest of trendline on the Daily/H4 timeframe.
Will be looking to take shorts to begin a possible corrective phase in the market if price respects my Key levels
Nasdaq AKA NAS100Our analysis that we published before for Nasdaq has not been altered
Nasdaq still in a bearish downtrend. Market did an 'Inside Bar' false breakout of the yearly lows in the previous week so will be interesting to see how price reacts in this level.
If price respects the yearly lows and does another false breakout, then will be looking to go long.
If price completely breaks below the yearly lows, then will be looking to continue short and possible economic downturn
Refer to the "related Ideas" to view the analysis we had prior
EthereumEthereum has been falling slowly in a descending channel.
If price rejects the top of channel and keep falling, then will be looking for short.
If price Breaks above the channel, will be looking for a retest of the "Resistance-turned-support" before price goes for a bull run. Depending on the momentum of the initial bull run, we may not be able to get a retest and would have to look for entries on the continuation.
AUDJPY Hello Traders,
Hope you had a great weekend and ready to shred the markets this upcoming NFP week.
AUDJPY Is forming a Head and Shoulders pattern. They have broke and retest the H4 Trendline
The Japanese Yen had been weak against all currencies for a few months.
We are at a weekly price level where price may do a correction and go Short side for a duration of time. If price breaks below the support zone then we are off to the races.
AUDCAD Private Signal Trade UpdateHello Traders, this was a signal setup I called out for the Skyboxpips Signal Group. Trade is currently up 180 pips from entry area.
180 pips x $1 = $180
180 pip x 10= $1,800
180 pips x $100= $18,000
Check the related ideas below to see the before when the signal was called
NasdaqHello Traders
Nasdaq (Nas100usd) has been selling off for awhile and dipped lower once Feds mentioned the aggressive policy to raise interest rates. Will be looking for price to reverse around near the Yearly lows.
Would not be surprised if we received a news release that brings liquidity in the markets
BitcoinHello Traders,
Bitcoin is currently at support level that has yet to be broken. It may be forming an Inverse Head and Shoulders Chart pattern to continue to the buyside to break back above $40k
If the scenario does occurs where Bitcoin breaks under support, then we can wait for the retest to continue to the sell side
If you are unfamiliar with the "Head and Shoulder" chart pattern, please refer to the related ideas section below
AUDNZDHello Traders,
AUDNZD has a weekly indecision candle at Weekly Resistance level signaling an Evening Star pattern may form. Would be like to see this weeks candle to close as a a bearish momentum
On the H4 Timeframe, we have broke the Trendline (Rising support) and will be looking for a retest to continue selling off.