CADJPY Sell !The pair got pushed down from the 103.412 pivot line and is now also done with the restest ready to move all the way down to its next Target 101.379 !!
The move is further strengthened by 50 and 200 EMAs pointing down on the daily and 4-H timeframe !
My final Traget for the pair is 101.4 !
Supplyandemandzones
US30 Favoring Buys until PRZ is broken!Price sitting at the demand level that created the BOS, i'm favoring buys here until we get a solid break/candle close below the PRZ then i'll look for retests and short opportunities down towards the DL!
Let me know your thoughts!
USDCAD Sell!!USDCAD has created a beautiful and rather neat Head and Shoulders Pattern . Recently, the price tested the neck of the pattern and got pushed down ! not just the retest but also the fact that price is now back inside the parallel channel on the daily chart is a good confirmation of a downward move ! my final Target is 1.3069 ( the pivot line of the parallel Channel )
DXY thoughts.Looking at the past historical data on the dollar index, you will notice two zones that showed points of interest when price broke and retested those zones more than once. You will notice the mark up indicating one more retest before price continues to fall. This will help arrange other potential trade setups throughout the week.
S&P500 – TRADES | KW45 | INTRADAYIn today's post I present relevant marks of the S&P500 for the next week, which could support the one or the other, in their own analysis.
= since it is a very short-term time frame, I will not comment further.
= the technical analysis approaches, are shown in individual pictures in the contribution. So that an individual interpretation of the respective - standing alone - is possible.
= the title picture shows an example, of a possible trade. This is one of many possible setups, because the current course is not able to take a clear direction.
The following methods are used and shown in the following:
- SUPPLY&DEMAND ZONES
- FIBONACCI LEVEL
- POINTS OF INTEREST
- TREND LINES
SUPPLY & DEMAND ZONES
"4 hours - time window"
"1 hour - time slot"
FIBONACCI LEVEL
"4 hours - time window"
"1 hour - time window"
POINTS OF INTEREST
"4 Hours - Time Window"
TREND LINES
"4 Hours - Time Window"
"1 hour - time window"
RAW VERSIONS WITHOUT INDENTIFICATION .
"4 Hours - Time Window"
"1 Hour - Time Window"
> Feel free to discuss this in the comments and share our perspectives, I'd be "burning" to hear your take on this.
If this idea and explanation has added value to you, I would be very happy to receive a review of it.
Thank you and happy trading!
SHORTCPI Results on 10th Nov resulted to a weak dollar, thus the rise of Gold during and after news release. According to Dxy analysis, I don't think the weakness will last long as it is approaching some major levels. Gold is also on major supply zones. Best zone to take a good short is around 1750/1765 area and target the indicated levels. All other sells taken should be short term unless 1728 is clearly broken. All the best
AUD/JPY tips its (bearish) hand after struggling at resistanceAUD/JPY is one of those currency pairs that can chop around for periods of time, then one day switches on the momentum. And I suspect the market has tipped its hand to a downside move with yesterday’s bearish candle.
A resistance zone formed in April between 94.24 - 95.75 in April, where breaks above it have ultimately failed and the resistance zone gets respected one more. Since late October we have seen several failed attempts to break the resistance zone, and a bearish divergence formed on the RSI(2) ahead of yesterday's selloff. I suspect the high is now in place.
It closed below the 50-day EMA but found support at the monthly pivot point, so I’m now waiting for a break low to bring 92.89 (call it 93.0) and the monthly S1 (near 92.0 and its 200-day EMA) into focus.
Could be nice sell setup for EURCHFAs we see market were bullish and there was many BOS to the upside
But market just shifted to the downside with good momentum
Price came to test the last supply zone and reacted from this area
Will wait for the bearish movement to be confirmed and go short
Feel free to comment with ur thoughts! Peace
💰SELL AUDCAD at the best place and price and earn +190 pips🎁🌹🔰You can see the analysis of the Australian dollar to Canadian dollar currency pair in the one-hour time frame (AUDCAD_ 1H)🔍🧨
💥Considering that the price has been able to break the Up trend line🖤, if the price can reach the SUPPLY zone❗, it can experience a fall until the DEMAND zone🔻⚡
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
_____📈TRADER STREET📉_____
SHORTPrice is clearly on a downtrend after clear break of structure on Month and weekly timeframes. It is possible for price to retrace to the Daily orderblock (refined on H1) for clear shorts. There's also a possible sell at the cmp where we have an M15 OB and retest of Daily BMS. Possible targets and stop losses indicated.
Risk management is highly encouraged.
All the best.
USDJPY is crazy! Aggressive and conservative plansAggressive and conservative plan for UJ. It's very bullish overall, but it's still possible to be very aggressive and look for some daytrading shorts.
📉 Text marks:
🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL.
🔹 ph, pl = protected high or low, which holds current structural impulse.
🔹 bos = break of structure . Based on candle body close below/above previous structural impulse.
🔹 rsz, rdz = refined supply and demand zones. Specific areas to look for LTF confirmations. They are manipulative up-moves before real down moves, or vice versa. Strong hands (the Composite Man, as Wyckoff called it) often come back to such zones to close their manipulative orders at breakeven, before pushing prices further. If body closes outside of the zone, in most cases it will mean the cancellation of the setup.
🔹 if ltf confirms = entry only if there's a shift of structure on lower TF inside of rsz or rdz, or any other type of backtested and approved confirmation.
🔹 liq target = liquidity target: next profit taking levels for strong hands, our main targets based on current price action.
☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment.
👉I believe that "right or wrong" mentality is a fundamental flaw of any beginner. In reality, a trader is right only when he executes the system and follows his rules, and he's wrong only when he's taking random setups. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live, then refine until perfection.
🚀Thanks for your BOOSTS and support🚀
💬Send your comments and questions below, share your ideas and charts, I'll be glad to talk to you💬