Structure
#EURCHF bearish move possibility from 2 areaAs you can see in the chart bearish impulsive move followed by a corrective bullish move which shows price intention of moving lower after completing its corrective move. now in this case we need to be looking for an area where corrective move may end.
for a bearish move to resume price need to take out enough liquidity in order to move down, as it can be seen in the chart 2 areas are close to price with enough liquidity resting above it. the closer is above the previous candle in the form of bearish engulfing and the further out area is a local top which formed in the bullish corrective move which price already test it twice and there are huge amount of liquidity there.
For taking a position from any of these 2 areas you need to remember:
that price need to tap into a area clearly. but unable to close above the area.
also it is possible that price fail to reach the zone but to engage in a position it should fit your strategy.
EURJPY Short Opportunity - NOVEMBER RECAP Posted analysis within the setup!
Nice 2RR trade, good M.S and P.A
S turned R and complete RT with bearish engulfing and momentum candle.
Adani Enterprises - Breakout and RetestBreakout and retest pattern
Just wait for a bulling candle and enter the trade
Stop loss below 200EMA
Target 1:2
Gold(XAU/USD) Potential Buy setupBased on the structure we see price respecting the monthly and weekly support level with break of structure to upside in lower timeframe like H4 and H1, we see a clear nice momentum to upside and nice volume in new york session, so we expect price to continue up.
To get a clear entry try to look bullish variation candlestick in lower timeframe before placing an try with nice volume.
Follow me for more update and comment below your idea
GBPAUD - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
GBPAUD is overall bearish trading inside the brown channel, however, it is now approaching the upper brown trendline acting as a non-horizontal resistance.
Moreover, the zone 1.81 - 1.83 is a strong resistance zone .
So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance zone and upper brown trendline. (acting as non-horizontal resistance)
As per my trading style:
Since GBPAUD is around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDJPY MORE SELLING PRESSURE (REDUCE RISK ENTRY)It's still going smooth and likely more profitable n on Higher Time frame there's a correction and now I'm looking for a lower time frame correction to continue the trend. I'm selling this when I see a lower time frame continuational correction completion.
Thanks for reading
AS ALWAYS TRADE SAFE AND STAY SAFE!!
2 Simple modules to pass FTMO ChallengeThese are the two types of entry modules that can be used across any market to take low risk high rewards trade. Pay close attention to annotations made. First High / Low acts as a trap for early sellers or buyers as this point is used to create liquidity for the market makers. Market makers sweeps this liquidity and mitigates extreme POI like orderblocks etc. and thus finally the banks load their short orders/long orders to break the structure.
TRUE STRUCTURE MAPPING AVAILABLE ON OUR YT CHANNEL. DO WATCH THAT VIDEO TO KNOW HOW REALLY MARKET STRUCTURE IS REALLY MAPPED AND DON'T FORGET TO LIKE AND SUBSCRIBE TO OUR CHANNEL
Happy Trading
-Team Lamda
Buullish STRUCTURE PATTERENS !!!!!!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
The market will be bullish if any coin has strong fundamental and technical analysis.Support and resistance levels come into play at this point.If the fundamental and technical analysis of the market is done correctly, this method can provide accuracy up to 99%.
:loudspeaker: Additionally, based on the research, it is possible to observe an additional technique that is referred to as fakeout
If you like my ideas then do support them with like and follow.
Also, share your views in the comment section.
BARRISH STRUCTURE PATTERENS !!!!!!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Through technical analysis, the market will be bearish if the coin has a week fundamental similar to **BTC.D **.Support and resistance levels come into play at this point.If the fundamental analysis reflects the reality of the market, the method has the potential to provide accuracy of up to 99 percent.
The research also indicates that a method known as barrish fakeout can be observed.
If you like my ideas then do support them with like and follow.
Also, share your views in the comment section.
USDJPY I Short-term long opportunity Welcome back! Let me know your thoughts in the comments!
**USDJPY - 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
EURUSD (retracement) PhaseWaiting on a break and retest for a potential SELL over 200 pips. Please use Proper Risk Management
EURUSD Short Opportunity - NOVEMBER RECAP (Missed)
Missed this setup - in the middle of NY Session. Nevertheless, good setup and RR
XLM - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
XLM last week broke below the gray support and now approaching the green weekly demand zone.
For the bulls to take over from a short-term perspective, we need a daily closing back above the gray zone.
And then for the bulls to remain in control long-term, we need a daily break above the upper blue zone.
Meanwhile , until the bulls take over, XLM would be bearish and as we dive inside the weekly demand zone in green we will be looking for new buy setups to form.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bull/bear idea I will open a sell on bitcoin below 16,517 and risk 1% of my account value to make 3% And close out .
I will open buys on bitcoin if we break above 17,121 and risk 1% of my account value to make 3%.
I will watch this trade idea for the next 23hrs .
Institutional Demand: USD/CHF LongHi traders,
Starting today off with a detailed watch list session, which showed me several of interesting pairs to look at.
This chart, the USD/CHF looks pretty good for a pullback play to the upside, with the dollar being at great value in general. Overall, the DXY has been extremely bullish for the past year and is likely to hold itself together after the weekly and maybe monthly pullback we've been seeing now finally.
Trade safe, be patient for the developments at the lower-timeframes.
Kind regards,
MNieveld
GBPUSD setup Hi everyone , this my GBPUSD setup for next weak ,
Everything is explained on the chart ,,
Along with a simple forecast for the possible scenarios ,,
if you like the setup give it a BOOST & FOLLOW for mare ,,
TRADE SAFELY .
EURCHF I Correction and continuationWelcome back! Let me know your thoughts in the comments!
**EURCHF - 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
GBPAUD I Potential +250 pip upside Welcome back! Let me know your thoughts in the comments!
**GBPAUD - 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
USDJPY dropped 💯 NEXT FORECAST (REDUCE RISK ENTRY)It's been a while I've been observing UJ for the drop. If the drop gon' sell more it gon' create a lower time frame correction to make the next leg of the sell i.e get pending sell stops ready..... THIS IS MY STYLE OF ENTRY
thanks for reading
AS ALWAYS TRADE SAFE AND STAY SAFE!
DXY - US Dollar Collapsing!!!?The DXY tracking the USD Currency is currently taking a massive hit while stocks surge on CPI data.
Generally, the DXY tends to move inversely with the Stock Market overall and is a good place to find resistance and support levels that are hidden in the Stock Market. (As DXY Finds support, stocks hit resistance; vice versa)
Recently the US Dollar Index has taken a massive hit after a yearlong nonstop Rally. For the First time, DXY Is breaking down thru major moving averages carrying the move this year.
The Dollar is finally seeing a larger size pullback.
We are diving in to the technicals here and seeing what may be in store next for the DXY
Technicals :
We have 3 major things in the chart outlined here.
- A 2 Month Long Flag the Chart was printing, that just broke below out of.
- 2 Different Trendlines from earlier this year, drawing the runup up.
We just broke all 3 of these in one day. A Retest of the Lighter Yellow Trendline did occur today, as you can see we got a wick-up & a rejection from the level, sending the stock market higher on CPI data.
Looking for further retests are key here, and whether or not the market rejects or the dollar retakes these levels.
Overall This Breakdown looks very bearish, and looking for retests seems to be the play.
Momentum :
Daily : Bearish Momentum Extending, possibly overextended.
Weekly + Monthly : Bullish Momentum from 2021 finally fading, and showing signs of a flip to bearish Momentum (TTM_SQUEEZE)
Thesis : bearish & looking for retests and sideways action after a drastic move.
Similar applies to the TNX and other Treasury Yield-tracking ETFS
USDJPY I Local short from resistance Welcome back! Let me know your thoughts in the comments!
**USDJPY - 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
USDCAD I Structure broken - next moveWelcome back! Let me know your thoughts in the comments!
**USDCAD - 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
