EURUSD > looking for Short at The Kill Zone!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #EURUSD
Hello friends.
I was surprised how the dollar acted after the blow-up NFP numbers, buy this who the market is, and anyway the dollar was due for a correction.
The EURUSD still in a downtrend and we have no confirmation that we have a trend shift, it could be just a complex pullback before continuation to the downside.
I will be watching the market when it reaches my kill zone looking for a trend continuation trade for a continuation to the downside
Safe trading everyone
Check today analysis below⠀
>> you must know what is your risk before you get in a trade, many traders will only look at how much they will get
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Technicalindicators
GBPJPY > Trading Plan for Short and Long!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #GBPJPY
Hello friends.
This market has been doing nothing for sometimes now, we are near weekly structure level,we could continue to slightly rise higher as the yen is very weak, and unless we break above 153.40 i am not considering a buy.
however if the market breaks and closes below 152.88 i will be considering the short side as i believe this market has a major correction a head of it, but we need a confirmation first
Safe trading everyone
Check today analysis below⠀
>> you must know what is your risk before you get in a trade, many traders will only look at how much they will get
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
AVAXUSDT > Will This Market Move Anytime Soon?I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #AVAXUSDT
Hello friends.
Will this market move anytime soon?
Looking at the chart I see the market been moving sideways and it has been doing so for a long time, I actually expected the market to move at the end of the last month but it did not.
However, the range I setting smaller and smaller, and traders might get ready to push this market higher or just quit it.
I am a believer in this AVAX and i will hold it for the long term, but short term i think it can go up almost 70%.
KINDLY DO NOT BASE YOUR INVESTING BASED ON MY ANALYSIS ONLY, I MIGHT GET OUT OF AVAX AND NOT TELLING YOU
Safe trading everyone
Check today analysis below⠀
>> you must know what is your risk before you get in a trade, many traders will only look at how much they will get
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
GBPCHF> Trading Plan for A Short !!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #GBPCHF
Hello friends.
If you have been watching the market closely, you would have noticed there are many markets with RSI divergence and it is been going on for a while now and this might continue this way.
However, we can watch this market for a break of structure in anticipation of a change in trend.
If the Market breaks the recent structure level I will look to get in a valid short trade that meets my rules, in total this possible setup could bring over 400 pips for two TPS
Safe trading everyone
Check today analysis below⠀
>> you must know what is your risk before you get in a trade, many traders will only look at how much they will get
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
GBPNZD > Possible Reversal Setup For A Short !!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #GBPNZD
Hello friends.
a double top with RSI divergence near-weekly resistance at 1.9800 number good setup for a reversal trade, waiting for a confirmation to get in the trade targeting structure support level
Safe trading everyone
Check today analysis below⠀
>> you must know what is your risk before you get in a trade, many traders will only look at how much they will get
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
GBPCAD > Possible Head and Shoulders Pattern !!Truly Appreciate you taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
analysis up on #GBPCAD
Hello friends.
possible head and shoulders pattern after trend line breakout, might complete soon and break the neckline.
Be careful though we need to see follow-through after the break as the cad very strong and the GBP not so much lately
Safe trading everyone
Check today analysis below⠀
>> Don’t focus on making money, focus on protecting what you have.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
EURAUD > Simple And Easy Setup for A Buy !!Truly Appreciate you taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Analysis on #EURAUD
Hello friends.
Possible Gartley pattern inside consolidation pattern, which is best for using harmonic patterns, also it might complete near structure support and support line near 1.5300 number.
i will be watching the price action inside the zone on the lower time frame for a buy trade that meets my rules using one of my reversal strategy to get in this potential Gartley pattern
Safe trading everyone
Check today analysis below⠀
>> Don’t focus on making money, focus on protecting what you have.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
EURCHF - Its a bird - its a plane.. EC!Hello fellow traders; time for another analysis w/ SmoothPips
🙏 If you enjoy the analysis please make sure to leave a like and follow; so we can catch these pips together!
❓ What's unique about SmoothFX?
-All trades executed off of the same "strategy"
-Easy to read charts
-Multi Time Frame Analysis
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-Experienced
🎯Leave some feedback & let's chat. Always willing to hear other bias'.
📌Remember; markets are moved through liquidity. We will earn more by helping each other.
🤞Please remember not every analysis will be 100% correct. Use your own due dill & discover your own research.
Sincerely,
SmoothPips
<3
GBPJPY - Short. (xr-shorterm)This is a risker trade placed in some traffic when looking into the smaller TFs . Larger TFs show indecision or a slow in bull momentum.
On Lower-TFs we see a series of higher lows and lower highs. (Symmetrical Triangle Chart Pattern.)
However the rejection off the 618. golden zone could indicated this being a bearish triangle rather than a bullish one.
On Larger-TFs we see a long-legged Doji candle formed after testing some major resistance. The next candle showed signs of a spinning top. Demonstrating signs of indecision for the bullish trend.
I feel a temporary trend reversal is in order before testing 152.50 Weekly S/R or 155 Monthly S/R.
1.5% risk.
TP1 / 0 / 30%
TP2 / .25 / 40%
TP3 / -.618 / 30%
USDJPY - LongScenario 1
Price may touch down at resistance at 109.30. Price could then bounce back off this previous resistance level and then continue bullish momentum. This would trigger a long trade.
Scenario 2
Price may reach the support of the trend line (108.90) and reject off the 61.8 fib level in which we would then go long (providing good technical confluence of indicators too --> increase probability)
Let's see what happens!
NZD/CAD Trade idea NZD/CAD has seen a major move to the downside to our weekly zone due to the weakness in the NZD and the significant strength in the CAD, what we will be waiting for now is an impulse move back to our lower timeframe area of support which now will be resistance to catch another move back to our weekly zone.
AUDNZD > Easy Trend Continuation Setup Might Come Soon!!Thank you for taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Follow up on #AUDNZD
Hello friends.
This market provided an impulse to the upside and broke major resistance as you see on the chart which now turned to support.
I am expecting a retracement to the downside to retest the support level where I will start looking for a valid reason to buy the market to retest the high for a potential 100 pips or so.
Safe trading everyone
Check today analysis below⠀
>> The market can stay irrational longer than you can stay solvent.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
USDCAD > Selling Setup Might Be Coming Soon!!Thank you for taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Follow up on #USDCAD
Hello friends.
Here we have the market has been in a nice downtrend and we have no reason to say it is over, I predict that we can still move to the downside to test the weekly support.
For now, I have no reason just yet to short this pair, but once I get a confirmation, ad good risk to reward setup I will short this pair targeting the lows first then maybe an extension to the downside targeting the weekly support
Safe trading everyone
Check today analysis below⠀
>> The market can stay irrational longer than you can stay solvent.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
EURUSD > This Market Might Go More Down, Eyeing 1.1600Thank you for taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Follow up on #EURUSD
Hello friends.
A lot of technical damage happened to this chart, now the market pressing against 1.1800, I don't think it will be supported here, and I think the market could break below it.
The market might have some support around 1.1750, but the real support is near 1.1600.
For the time being, I am just watching for this market to see if it will provide a reason to sell near 1.1880-1.1850.
it is also if you are looking for a day trade to drop to the lower time frame and look for small trade to the downside, but first, we need to break 1.1800 guys
Safe trading everyone
Check today analysis below⠀
>> The market can stay irrational longer than you can stay solvent.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
GBPJPY > Is It Downtrend or We Still Can Go up!!Thank you for taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Follow up on #GBPJPY
Hello friends.
this market has dropped 400 pips from its high, I now expect a change in the trendline, it is not yet confirmed.
We can look for sell when and if the market closes below the support level, the previous swing.
If the market makes a deep retracement to the upside towards 150.00 which unlikely but if it happens I will surely look to get in a short trade if the rules are met.
Safe trading everyone
Check today analysis below⠀
>> Do more of what works and less of what doesn’t.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
EURAUD > Trading Plane for A Buy!!Thank you for taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Follow up on #EURAUD
Hello friends.
This chart on my reader since last week was looking to get in abuy trade but did not provide me any reason to enter, however, I am glad to see it moved as predicted.
Now the market came to the resistance level and as expected, now it is moving to the downside, but I am still going to watch for a reason to get in a buy trade.
Safe trading everyone
Check today analysis below⠀
>> Do more of what works and less of what doesn’t.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
CRM swing trade opportunity at $215Summary
CRM ( Salesforce.com Inc ) has short-term upside potential and is a good swing trade buy.
Downside
No dividend
High-end competitors are titans of industry as well like Microsoft, Oracle, and SAP while low-end competitors for small-and-medium-sized businesses include Freshworks and Zoho
Upside
About as "boomerish" as they come for Tech companies (without a dividend), in business for 20+ years
Dozens of Analysts following and pricing on TipRanks
Consistently positive revenue, gross profit, and operating income trends since 2015*
Every company I have been employed by or contracted for with >2 employees uses for customer relationship management (or more)
*all asterisk details based on MacroTrends summary of 10-K documents
Technical Indicators
RSI at 45 or below since sell-off mid-February 2021 with lows below 30 in early March
MACD histogram approaching zero as price finds support in the $210 range
Closing price, 20-Day SMA, 5-Day EMA, and 10-Day EMA are all beneath the 200-Day SMA
TipRanks median price target is $280, which is about 31% higher than last closing price on Tuesday March-16, 2021
Conclusion
CRM is a long swing trade opportunity with a conservative price target of $245.
ADA/USDT - Bullish Breakout - update!Hello traders and community, today we will tell ourselves shortly about situation of ADA/USDT
Trend analysis
- As you can see from the ADA/USDT daily chart, we are currently forming bullish breakout (Ellipse on the chart) and bullish W pattern (white line), therefore we can expect possible bullish scenario after a few days later to price level $1.30. Price of Cardano is still struggling with resistance level at the moment (approximately $1.16 price level), but support zone still remain quite strong for allowing ADA to drop lower + global trend of ADA remains bullish enough. As a trader, I recommend to put buy position up to $1.3 price level, only if we see new stable support after breakout will be finished.
Chart pattern
- Bullish W pattern (functioning)
- Bullish Breakout (functioning)
Technical indicators
- RSI: market is still in boarders and not fully overbought (Bull signal)
- MACD: market is still bearish cause of MA lines are moving away from each other and overall trend is going down (Bearish signal)
- BB: Volatility of the market started decreasing after range movement accomplished (Bearish signal)
- MA (10,20): MA10 is above the level of MA20 (Bull signal)
= Neutral movement prevails
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Tell us about your opinion for making better decisions :)
P.S.: Information provided is only educational and should not be used to take action in the market.
Custom Strategy : Heiken Ashi + RSI + Mama-Kama-Fama I want to share a custom strategy I have been developing on my very own and get your thoughts about it?
I have no friends trader, no mentor, no one I can share my thoughts with, that's why I present my strategies to find other traders interested in sharing and building - perfecting these with me. Together we are stronger.
If you find something to say about it, if you have skills to share (are you able to build trading bots?), please feel free to contact me with your ideas :)
I recently discovered the Mama-Fama-Kama indicator (via @rumpypumpydumpy Thank you so much for your work!) and it acts like a very powerful filter to the system IMO.
Talking about filters, the top-down approach stays the best of all and if you apply it correctly, it gives you in advance the direction of the trade you must look for and the zones you must pay attention to. Then, you simply/strictly follow your rules to catch a valid entry. After that you manage your trade manually or set another set of rules for exit.
I let you have a look. Do you see the rules of the strategy and how to apply? I will post all rules later ...
I don't have the time to continue now, but I will show you how I scalp using only 2 confluent timeframes and how you can literally spot the valid entries before/or at least right when they happen.
As it is commonly said, all indicators are lagging behind the price, my goal was always to find a way to get the opposite and build a system that would give a leading signal. I know some succeeded in this quest, so why not us too?!
Bank Nifty (Possible) trend direction for 04.03.2021After reversing from major support/ Demand Zone and giving a strong upside move, point to be noted that bank nifty has closed on the high, from here the possible movement of niftybank is shown on chart, if the trend continues it may go up. If it not able to cross the given levels then the shown down side targets may be achieved.
Bank Nifty (Possible) trend direction for 02.03.2021Bank Nifty has reversed from major support/ Demand Zone ,Today the market traded in range and remained in range for full day now the possible movement of niftybank is shown on chart, if the trend continues it may go up. If it not able to cross the given levels then the shown down side targets may be achieved.