Swing-short
GBPJPY 24th july After a rather choppy week last week with a lot of red folded news we have seen the British pound Japanese yen push into a bullish movement this tells us that we look for the bullish continuation we have located our last swing low and our last swing high giving us a new bullish range we are going to look to buy this higher targeting the high of the range created on Friday the POI and stop loss is very tight with this so I would use your own risk management rules to assure that you do not get tapped out either leaving more room with the stop loss or reducing your position down South that if you do get tapped it will not affect your account massively.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
AUDUSD TRADE IDEA / SWING TRADE / SHORT (NFP - RISK EVENT)This is trade idea for AUD Swing Trade
-Sell in Fib Golden Ratio Area or H1 OB-, you can choose one according to the confirmation that will occur.
-Hawkish of Powell Speech (FED) pushes AUD to drop further to find Demand area for buy.
-Risk Reward 1:4
NZDCAD - Daily Swing against 4Hour Trendline The daily swing high successfully broke market structure to the downside in September. After which the bears lost power to the bulls. The bulls successfully took power in October, creating series of higher highs and higher lows (4hour trendline ). With market approaching swing high, a power toggle between the bulls and bears is inevitable.
Which side are you rooting for and why?
A short from the swing high is an opportunity not to miss a partake in. Aggressive entry from the swing order block or conservative entry after trendline break. Take profit at half or full swing or both.
GBP-CAD Swing Short! Sell!
Hello,Traders!
GBP-CAD is trading in an uptrend
In a rising narrowing wedge pattern
And the pair is about to retest
A key horizontal resistance level
From where we are likely to see
A bearish reaction followed by the breakout
Of the rising wedge and a nice bearish correction
Sell!
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EUR-USD Approaching Resistance! Sell!
Hello,Traders!
EUR-USD is making a bullish correction
Just as I predicted earlier
But now the pair is getting close
To the resistance cluster of the falling
And horizontal resistance levels
So after the retest a pullback
From the resistance is to be expected
Sell!
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SPY gap higher on good economic report. Potential swing fadeRetail sales report came in higher than expected, prompting the pre-market price action to move higher - so the market is looking like it will open on a gap up today close to the declining 5DMA. A potential short sale set up. Intraday levels of interest are shown in the video.
AUD-JPY Swing Short! Sell!
Hello,Traders!
AUD-JPY broke out of the bearish triangle
And went down just as I predicted
In my previous analysis
Now the pair is making a rebound
To retest the supply area above
But I am still bullish and I believe
We might see further price decline
During the next trading week
Sell!
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GBP/USD:UPDATE | SWING TRADING | PRICE IS FALLING...Hello Everyone, I hope you'll Appreciate our Price action Analysis !
Our strategy is based on Swing trading with price action Analysis and Advanced Fibos tools.
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BTC/USD 2k swing risk reward scenario is into the playQuick update:
Not a piece of financial advice.
The market is not stable at this time in any means technically. But, the weekly opportunity for a 2k win is in the scene with equal risk-reward into play for those who prefer swing to bring in their favor, even in the Crypto winter like this.
The support and resistance bands are pre-defined for a couple of taps or more to bring profits home. The market gets manipulated at times, hence the bands tend to change accordingly. Understand the game. Play it wisely.
Note: Expand the chart to some extent to get clearer view of the swings, as well as the signals.