GBPJPY LongLets see... Price consolidating right now. Waiting on last wave to complete. Target came from fibb exp ran on the H4 TF.
Sniperentry
GBPJPY LongI do not have any doubts that this pattern will emerge, but I do know that I've seen it on the smaller TFs up until now. If you're in a buy, be patient. Price may drop closer to NY close, but will most likely consolidate for the next two sessions. You have to make the choice to get in on this pair because the bears will bring in the volume and chase those lows. Being aware during minor structure break assisted me a lot in these positions.
EURNZD to 1.70500Just examined the weekly timeframe, wicks thrown to the upside at a significant zone/resistance, the daily makes the price action more clear as we can identify the sellers are present at the resistance(purple zone) identifying the lower timeframe price action, market came back to a huge liquidity spot, and now momentum has kicked in(as the 15M timeframe bullish market structure has been violated, we now see first signs of the bear rally as price breaks major lows and 15M key levels) this behavior and structural behavior pattern tells us that orders has been filled and we can expect a new bear rally to 1.70500 or even lower as price is just correcting itself(ranging, showing indecisions, exhausting) from an initial impulse move to the downside for another bearish rally/leg however a break above of the purple zone would invalidate the trading setup..
For the time being, my targets at 1.70500 as its a good psychological round off number!
This can be a good place to join short position on GBPAUD. 1. Price has been using 20MA as dynamic resistance on its downward path.
2. 20MA is preparing for a cross with 200MA to the downside.
3. Price is at fib level of move AB. This fib level confluences with 20 and 200MA, acting as resistance.
4. Price is currently showing rejection around this area.
Though bulls have flexed their muscles strongly for this correction, these confluences suggest that price is around an area where we can expect opposing pressure to step in and take price down again. It will be better timing to wait for a bearish reversal pattern and enter at the open of the next candle following the reversal pattern.
TEA CUP ANALYSIS LONG1st step: Looking for a bearish Candle followed by a bullish candle, even or close to the bottom of the body7
2nd step: The 3d candle must be a higher high or higher low, 85%-95% of the time the 3d candle is a higher high
3d step : Place a horizontal line at the bottom of the body of the bearish & bullish candle
4th step: The number attached to your horizontal line is your BUY LIMIT price
LET'S SEE.. ( I am already in )
---> LET ME KNOW IF YOU LIKE MY IDEA AND IF YOU ACCEPT IT :)
WISH YOU GOODLUCK AND A BEAUTIFUL AND PROFITABLE WEEK
USDJPY Ideas2 potentia plays for UJ, We could see a retracemtent down to 106.015 before heading up to 106.650.
Fancy a QuickyWe should see a retest of the support level. What makes this a more desirable trade for be is the trend line is a nice confluence.
Quick trade easy 30 pips. We love sniper set ups
Gold LongExtremely nice liquidity sweep on the 1hr.
Overall Structure remains bullish so we should see a little pullback before shooting to the upside.
Happy Trading
Plausible Sunday Snipe set upGBPAUD coming off a strong push up from last week. . .
I can see a correction/retracement into back to key zones of Interest before going up
Wyckoff accumulation possible spring pushing up then possibly correcting into a "spring Range " for Reentry Buy opportunities . . . .
Set alarms for key zones 1.795-1.79000 (half & Quarter LEvels alarms for buy in if price delivers specific acumm lower time frame fracal buy in with narrow parameter of risk as always
HAppy trading HAppy week Let's stay in Abundance ;]
EURAUD 4H Analysis.I expect price to break the trend line and rally up to form a double top pattern, then continue in its bearish move to the down side.
THE KEY AREAS FOR GBPCAD THIS COMING WEEK WE WILL HAVE OUR EYES ON THESE
SIGNIFICANT LEVELS FOR GBPCAD WHEN TRADING THIS PAIR
OUR PERSONAL BIAS IS FOR BUYS SHOULD WE KEEP MOMENTUM
TO BREAK THE RANGE
HOWEVER WE STAY PREPARED TO ADJUST TO MARKET FLOW
AND SHOULD WE STAY IN THE RANGE WE LOOK TO TRADE
THIS PAIR BACK DOWN TO THE KEY LEVELS
WHAT ARE YOUR THOUGHTS?
USDCAD short Waiting for a nice retest after the sell off but price can wick past to hunt stoploss's... however we maybe range bound
EURGBP 4H AnalysisProposed short position for EURGBP. Waiting for price to fail at the resistance zone, or a reversal pattern, then I go short on the trade.
EURUSD COULD WE WITNESS THE DROP?Could we witness the drop this coming week on EURUSD? so many short traders are waiting for
this epic fall! lets see how the Numbers do for the DXY but my bias is to the down side
should we get the momentum on the DXY
what are your thoughts do you see this different;y? comment and let me know
Silver break out like gold?could we see silver breakout like gold? We broke to the upside of the wedge and are retesting the top
EUNRZD shortWe have hit resistance and the top of the triangle so we could see a strong rejection if NZD reclaims strength
EURAUD- Sell Opportunity On The retracement of 61.8% Fib level!!- A very decent set up for the coming week.
- We can see how price as reacted to the 61.8% fib level and we see a strong bearish candle confirmation that bears are in control.
-A Confluence for this pair is that the supply zone is line with the 61.8% level which shows that price reacts well to the level and more confirmation that price would retrace once it has reached.
- Another confluence is the 50EMA which is above price indicates that this pair is in bearish territory and we are looking for bearish signals.
Drop down to the lower time frame and enter at a strong bearish candle to enter.
This should be a very good set up with a possible to risk to reward of 1:3 or higher when price hits TP.
NZDUSD Long -Ascending Channel/Retracement of 23.8% Fib Level!-This is a really good buy opportunity on the reversal of the 23.8% fib level.
-A confluence in the higher timeframe we see ascending channel which indicates a bullish trend.
-Another confluence is that 50EMA is below price which shows that we should be looking for bullish signals for this pair.
-The supply turned demand zone is in line with the 23.8% fib level which price could potentially retrace from.
-Look for a strong bullish candle confirmation around the 23.8% level to buy this pair.
Let's see how price will react during the week!
Make sure to like and comment your ideas/opinions on this pair!
EURUSD- Long Opportunity On The Reversal of Ascending Triangle!!-Very decent long opportunity on the reversal on top of the ascending triangle.
-There is a confluence as the resistance of the triangle is in line with my supple zone.
-Another confluence is that the supply zone is in line with my 23.6 fib level which could indicate that price could potentially reversal from that zone.
-An extra confluence is the EMA as it is below price which indicates medium term bullish trend for this pair.
-I will wait until price reaches the significant level and look for strong bullish confirmation to enter the trade.
