GBPNZD Local S/R| 200 MA| .382 Fibonacci| Price Action Evening Traders,
Today’s analysis – GBPNZD- trading above the 200 MA with further upside potential,
Points to consider,
- Price Action Impulsive
- Local S/R Support
(.382 Fibonacci Confluence)
- Swing High Objective
- Oscillators Bullish Control Zone
GBPAUD’s immediate price action is trading at a key trade location where a respect is probable. The area is in technical confluence with the Local S/R and .382 Fibonacci.
The swing high is immediate objective; price action exceeding this level will increase the probability of a higher high.
Both oscillators are trading in their respective bullish control zones. Remaining in these regions is indicative of strength in the market.
Overall, in my opinion, GBPNZD is a valid long with defined risk; price action is to be used upon discretion/ management.
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“The market is a device for transferring money from the impatient to the patient.”- Warren Buffet
Swinghigh
EURNZD Swing High| Price Action| 200 MA| .618 Fibonacci Evening Traders,
Today’s analysis - EURNZD- trading towards Local S/R where a bounce is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
(.618 Fibonacci & 200 MA confluence)
- Swing High Objective
- Oscillators Bullish Control Zones
EURNZD’s immediate price action is impulsive towards Local S/R that has technical confluence with the .618 Fibonacci and 200 MA. This area is a trade location with a probability of trend continuation.
Both Oscillators are currently trading in bullish control zones, remaining in these areas is indicative of strength in the market.
Overall, in my opinion, EURNZD is a valid long with defined risk; price action is to be used upon discretion/ management.
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The goal of a successful trader is to make the best trades. Money is secondary. – Alexander Elder
SWING TRADE STRONG STOCK AARTI INDUTRIES BUY AARTI INDUSTRIES IN DIPS NOW 1023.30 SL 980 (ON CLOSING BASES ) TARGETS 1200
STRONG STOCKS ON STRONG SUPPORT AS TRENDLINE (LOW RISK HIGH REWARD TRADE)
Over the last 5 years, net income has grown at a yearly rate of 21.09%, vs industry avg of 8.53%
Over the last 5 years, revenue has grown at a yearly rate of 7.54%, vs industry avg of 4.05%
Over the last 5 years, market share increased from 8.4% to 9.31%
EURJPY Daily S/R| 200 MA|.50 Fibonacci| Swing High Evening Traders,
Today’s analysis – EURJPY – rejecting from liquidity with a bearish engulfing, price is likely to find support at Local S/R.
Points to consider,
- Price Action Reverting
- Local S/R support (.50 Fibonacci Confluence)
- Daily S/R Resistance
- RSI Bullish Control Zone
EURJPY’s immediate price action is approaching Local S/R which is in technical confluence with the .50 Fibonacci, price action has an increased aprobability of bouncing here.
Swing High is the current objective, exceeding this level will increase the probability of testing Daily S/R.
Current RSI is trading in its bullish control zone, mantining these levels will indicate strength in the immediate short term.
Overall, in my opinion, EURJPY is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.”
― Yvan Byeajee
NEARUSDT Double Bottom| Local S/R| Swing High| EMA Ribbon Evening Traders,
Today’s analysis- NEARUSDT- trading above Local S/R, a confirmed retest and hold in bullish.
Points to consider,
- Price action impulsive
- Local S/R Support (.382 Fibonacci Confluence)
- Swing High Target
- RSI Bullish Control Zone
- EMA Ribbon Support
NEARUSDT’s immediate price action is impulsive above Local S/R, trading above these regions will allow us to have a bullish bias on the market.
Local S/R is current support that is in confluence with the .382 Fibonacci, a back test is likely to respect the level on first attempt.
The immediate target is swing high; exceeding this level increases the probability of trend continuation.
Current RSI is trading in its bullish control zone; remaining in these area is indicative of strength in the immediate short term.
The EMA Ribbon has confirmed a bull cross, maintaining price action is indicative of a trend.
Overall, in my opinion, NEARUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps!
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And remember,
The market can stay irrational longer than you can stay solvent. - John Maynard Keynes
RSRUSDT Local S/R| Swing High| Daily S/R| Price ActionEvening Traders,
Today’s analysis- RSRUSDT – trading above local resistance with a back test of the .50 Fibonacci,
Points to consider,
- Price Action Impulsive
- Local S/R Support Confluence
- Daily S/R Target
- Swing High Objective
- RSI Bullish Control Zone
RSRUSDT’s immediate price action is impulsive, confirming an S/R Flip Retest of local S/R, this allows us to have a bullish bias on the market.
The Local S/R is in confluence with the .50 Fibonacci, price has evidently respected this level.
The Daily S/R is immediate target after clearing swing high objective; price exceeding Daily S/R will lead to an impulse volatility expansion.
Current RSI is trading in its bullish control zone respectively, maintaining these levels are indicative of strength in the market.
Overall, in my opinion, RSRUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“You have power over how you'll respond to uncertainty.”
― Yvan Byeajee
BurgerBNB Local S/R| POC Support| Swing High| Price Action Evening Traders,
Today’s analysis – BURGERBNB – Trading above Local S/R, price has been accepted with further upside potential.
Points to consider,
- Price Action Impulsive
- Local S/R Support (21MA Confluence)
- Swing High
- RSI Bullish Control Zone BurgerBNB’s
Immediate price action is trading above Local S/R in confluence with the 21 MA. This allows us to have a bullish bias on the immediate market thus longs are deployable.
Swing High is the immediate price objective once the POC resistance is claimed. Upper Local S/R is immediate target, breaking this is likely to lead to trend continuation.
The RSI is in its respected bullish control zone, remaining above these regions is indicative of market strength.
Overall, in my opinion, BurgerBNB is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.”
― Yvan Byeajee
NZDJPY Daily S/R| .382 Fibonacci| Volume Influx| Price Action Evening Traders,
Today’s analysis – NZDUSD- impulse breaks above Daily S/R, confirming an S/R Flip Retest is critical for uptrend momentum.
Points to consider,
- Price Action Impulsive
- Daily S/R Support (.382 Fibonacci Confluence)
- Swing High Objective
- Range High Target
- RSI Bullish Control Zone
- Valid Volume Influx
NZDJPY’s immediate price action is bullish above Daily S/R, holding this level allows us to have a bullish bias on the market,
The Daily S/R is support that is in confluence with the .382 Fibonacci, price action respecting this level will deem acceptance above.
Swing high is immediate objective, clearing this level will make the immediate target upper Daily S/R Resistance.
The RSI is in its respective bullish control zone, again maintaining this region is critical for price action strength.
There is a valid volume climx indicating a true break of a level, follow through is needed for continued strength in price action.
Overall, in my opinion, NZDJPY is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.”
― Yvan Byeajee
USDCHF Swing Low| 200 MA| Daily S/R| Price Action Evening Traders,
Today’s analysis – USDCHF- price action impulse from oversold conditions, further upside probable,
Points to consider,
- Price Action Impulsive
- 200 MA Support
- Swing High Objective
- Daily S/R Target
- Increasing Volume
- RSI Bullish Divergence
USDCHF’s immediate price action is impulsive where taking out swing high will allow us to have a bullish bias.
The 200 MA Support has been well respected, price coming for a back test and holding will allow for a long entry.
The Daily S/R is immediate target that is likely to be tested upon first attempt as this is a critical level.
Current volume profile is increasing; bull volume is critical for sustained follow through in price.
Furthermore, the RSI is trading at its respected bullish control zone, maintaining this level is critical; losing will increase the probability of a deeper pull back.
Overall, in my opinion, USDCHF is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember!
“This lack of support is not simply an absence of encouragement. It can be as deep as the outright denial of some particular way in which we want to express ourselves.”
― Mark Douglas
NZDUSD Local S/R| 200 MA|.618 Fibonacci| Swing High Evening Traders,
Today’s analysis = NZDUSD- impulse price action above Local S/R where pull backs are for buying.
Points to consider,
- Price Action Impulsive
- Local S/R Support (.618 Fibonacci)
- Oscillators Neutral
- Volume Climax
NZDUSD’s immediate price action is bullish above Local S/R; this allows us to have a bullish direction bias leading into trades.
The Local S/R is in confluence with the .618 Fibonacci, Price Action pull backs allow for valid long entries.
The 200 MA must be maintained as support, price losing it will breaking market structure and remove our bullish bias on the market.
Both oscillators are overextended, a reversion to their mean is healthy and needed for trend continuation.
The volume profile has a valid climax; this marks a temporary top being the swing high. Follow through in volume is needed when testing Local S/R.
Overall, in my opinion, NZDUSD is a valid long with defined risk; price action is to be used upon discretion/ management of trade.
Hope this analysis helps!
Thank you for following my work
And remember,
“Amateurs think about how much money they can make. Professionals think about how much money they could lose.” – Jack Schwager
AUDUSD Impulse Sell| Oversold Bounce| Daily S/R| Bearish PA Evening Traders,
Today’s analysis – AUDUSD – impulse sell from swing high, further downside probable,
Points to consider,
- Trend bearish
- Daily S/R Support
- Local S/R Resistance
- Oscillators approaching oversold
- Volume below average
The immediate trend for AUDUSD is bearish due to impulse sells. This allows us to have a bearish bias on the market.
The Daily S/R is currently holding as support, price is likely to respect this level on the initial test.
Local S/R is the immediate resistance, respecting this level will establish a bearish retest.
Both oscillators are approaching oversold conditions, this is indicative of a short term bounce, relief rally before continuation.
The volume is currently below average, an influx is likely with accelerated selling.
Overall, in my opinion, AUDUSD is a valid short with defined risk. Price action is to be used upon discretion/ management of trade.
Hope this analysis helps
Thank you for following my work!
And remember,
“You never know what kind of setup market will present to you, your objective should be to find opportunity where risk reward ratio is best.”
― Jaymin Shah
Price Action Winding UpThe wind up is really on in this market.
If you flick to your daily charts you will see an inside bar along with other indecision candlesticks showing the bulls and bears both have no control.
Similar to the EURNZD, after the huge move higher in this market we are now back where we started the year.
Whilst I am happy to look for trades at the two swing high and low levels as shown on the chart, I will not be looking for anything in the middle of this chop.
ZECUSDT Dynamic Resistance| 200 EMA| Swing High| Weekly S/R Evening Traders,
Today’s analysis – ZECUSDT – breaking above key dynamic resistance with a retest, a move to swing high is plausible.
Points to consider,
- Weekly S/R respected
- Dynamic Resistance (retest)
- 200 EMA support
- RSI respecting midpoint
- Swing high target
ZECUSDT has respected weekly S/R which allows us to have a bullish bias on the market.
The recent dynamic resistance retest is a confirmation of a true break. Follow through will be needed for continuation.
The 200 EMA is critical support to hold, price action must respect it for a sustained up trend.
RSI is trading above 50 midpoint, this is indicative of bull momentum present after a clean bullish divergence.
The immediate target for ZECUSDT is swing high, breaking this level will see macro trend continuation.
Overall, in my opinion, ZECUSDT is a valid long with defined risk. Price action is to be used upon discretion/ management of trade.
What are your thoughts?
Thank you for following my work!
And remember,
“Trading effectively is about assessing probabilities, not certainties.” ― Yvan Byeajee
Yearly Highs in SitePrice is now looking to breakout of the intraday resistance level with a potential re-test of the yearly highs made earlier in the month.
A test of these highs looks crucial because if the swing high resistance gives way we could see another extended leg higher.
The trend has been clearly higher on the daily chart this year and another break would expose a lot of free space for price to run higher into.
CADJPY H4, monitor closely for possible reversal.Price has dropped lower than the most recent swing high which is one of the first indicators of a change in trend. If we get a retest at the resistance zone we can wait for a reversal pattern to form before entering a sell. It would also be possible to enter a bullish trade back to the resistance zone once this idea plays out.
EURNZD Daily S/R | Support Confluence| .618 Fib| 200 DMA Evening Traders,
Today’s analysis – EURNZD- deviating from local swing high, daily S/R is the next trade location with technical confluence.
Points to consider,
- Consecutive HH’s and HL’s (bullish)
- Swing high resistance (respected)
- Daily S/R confluence (.618 Fib & 200DMA)
- Oscillators below 50 mid-point
- Oversold bounce continuation
The macro trend for EURZND is considered bullish with consecutive higher lows and higher highs.
Price action respected swing high, now trading towards daily S/R. This area has strong technical confluence with the .618 Fibonacci and the 200 DMA. Price has a higher probability of bouncing here.
Both oscillators are below 50, not officially overextended. Oversold conditions will coincide with price testing daily S/R, leading to a probable oversold bounce continuation.
Overall, in my opinion, EURNZD, respecting daily S/R will allow for a valid long. Price action is to be used upon discretion/ management of trade.
What are your thoughts?
Thank you for following my work!
And remember,
“Trading effectively is about assessing probabilities, not certainties.” ― Yvan Byeajee
FIOBTC Double Bottom| Liquidity Run| Dynamic Resistance| PAEvening Traders,
Today’s analysis, FIOBTC trading towards a probable double bottom structure, confirmation will be on the break of dynamic resistance.
Points to consider,
- PA approaching trade location
- Equal lows (liquidity run)
- Key dynamic resistance
- Oscillators over-extended
- Swing high target
FIOBTC’s price action is approaching a key trade location where a pivot bullish is probable. This will establish a double bottom in the market structure.
The equal lows increases the probability of a liquidity run, price action closing above with a wick will be indicative.
Breaking the dynamic resistance will confirm trend reversal with the immediate target swing high.
Oscillators both are overextended reaching oversold conditions; this indicates an oversold bounce being probable as price reaches liquidity.
Overall, in my opinion, FIOBTC breaking dynamic resistance will allow for a valid long into swing high. Price action is to be used upon discretion/ management of trade.
What are your thoughts?
Thank you for following my work!
And remember,
“If you can learn to create a state of mind that is not affected by the market’s behavior, the struggle will cease to exist.” – Mark Douglas
AUDNZD Swing High| Double Top| Local Support| .50 Fibonacci Evening Traders,
Today’s Analysis – AUDNZD – testing a key swing level, respecting it will establish a double top, immediate target local support.
Points to consider,
- Impulse bull move
- Swing high liquidity zone
- Local support confluence (.50 Fibonacci)
- Oscillators above 50
- Volume below average
AUDNZD’s impulse move is stalling at a key liquidity swing high, bearish price action will increases the probability of a rejection.
The local support is the immediate target, this area is in technical confluence with the .50 Fibonacci, and price respecting this zone will solidify it.
Both oscillators are above 50; maintaining this will keep the bullish short term bias in the market. Price rejecting will divert both oscillators to neutral mid-point area.
The volume profile is currently below average, an influx is likely as price impulses, volume follow through is needed for continued momentum.
Overall, in my opinion, AUDNZD is a valid short at swing high with defined risk. Price action is to be used upon discretion/ management of the trade.
What are your thoughts?
Thank you for following my work !
And remember,
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.”
― Yvan Byeajee
Intraday PullbackWe have been discussing this market regularly in recent times.
Yesterday we discussed the intraday price flip level and the new momentum higher on the smaller time frame charts.
Price has made a sharp pullback and retrace.
If price can take out the recent intraday swing high it would pave the way for the next extended leg higher.
VET Dynamic Resistance|.618 Fib| Swing high|Structural supportEvening Traders,
Today’s analysis – VETUSDT- breaching dynamic resistance with an impulse move, swing high being the immediate target.
Points to consider,
- Local downtrend broken
- Retest confluence (.618 Fibonacci)
- Key dynamic resistance breached (swing high target)
- Stochastics flat
- Volume below average
VETUSDT’s down trend has been breached by taking out its dynamic resistance. This gives us a bullish bias on the immediate trend.
A structural support retest is probable; price is likely to respect this level due to high demand, currently holding the .618 Fibonacci.
The RSI is declining, remaining above 50 will allow for a bullish bias on the market. The stochastics is currently flat; this is an indication of momentum being stored to the upside. Price action must remain bullish for upside target (swing high).
The volume profile is currently below average, an influx will coincide with an impulsive move. Volume needs to be backed up by price action for follow through.
Overall, in my opinion, VETUSDT reaming above structural support will allow for a valid long with defined risk. Price action is to be used upon discretion / management of the trade.
What are your thoughts?
Thank you for following my work!
And remember,
“Trading effectively is about assessing probabilities, not certainties.”
― Yvan Byeajee
Support Holds in Trend HigherWe discussed this pair. in the daily trade ideas last week because of the trend higher and the upcoming support level.
The support level has so far held and whilst the follow through as yet has not been major, it could be important.
If this level holds it could see price test the recent swing high resistance with another leg higher.
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