GBP/JPY short setup. Dont miss out this playTop down analysis
Weekly timeframe
we see gbpjpy forming "lower lows" and ''lower highs'' which indicate a downward trend plus more confirmation on the EMA being above the price action indicating that still we are in a downwards trend
Daily timeframe
we see EMA also indicating a continuation of downward trend being above the price action plus price breaking key support level around 132.500 which price have tested that level twice as resistance and we saw a good rejection
H4 timeframe
we see price forming similar downtrend and we see price rejecting the 78.2% fib level plus a good ema cross in the h4 timeframe which indicate bearish momentum towards downside
H1 timeframe
last week we saw price dropping and ema cross over indicating continuation to downside .tomorrow we shall see price probably testing 131.725 key level before continuing to downside cause we see ema are pointing sideways or test the downward channel. so hope you guys can caapitalized on setup i am looking at next week goodluck
Technicalindicators
Gold Long setup week Ahead!!!As i broke down on the previous videos. we see golf is super bullish all the EMA are pointing upward and are below the price action indicating continuation to upside.
last week market close with EMA crossed in h1 timeframe indicating price will now reverse to the upside. probably we shall see gold retest the trendline to collect liquitiy before continuation to the previous high.
previous high looks weak cause of lack of aggressive buyers so probably we could break that zone and continue upisde
please share and comment on how you view the market and i would be glad to check and help you out. thank you. wish you the best trading week
NASDAQ, following an uptrend channel, SELL on correction...Please Support this Idea with LIKE if it is Useful....
NAS DAQ
The price is following an uptrend channel,everytime the price touches the channel's trendline the price reacts strongly,wait for the price to make a correction and if price gives bearish signal look for sell opportunity..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 2hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
TESLA, where to SELL with accurate entry and good R:R..Please Support this Idea with LIKE if it is Useful....
TESLA
The Support/Resistance level could provide us a nice sell entry with good risk:reward ratio..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
GOLD, Where to BUY?? Please Support this Idea with LIKE if it is Useful....
GOLD
The price broke above potential bullish pennant pattern,after a pullback If support holds price can revisit the recent high...
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
XRPUSD - Sideways Today. Price Technical Analysis #1Market in last 24 hrs
- XRPUSD price consolidated yesterday
- Price at time of publishing: $0.20098
Today’s Trend analysis
Price should move sideways today. Oscillators are neutral, and compared to yesterday more now have flipped to confirm neutral momentum. MACD and RSI are about to cross up 0 and 50 respectively. CCI is close to 180, indicating that an upward momentum is gaining strength.
Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto tokens. We are observing an increased trade volume and price volatility .
- Sideways/Choppy today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 49
- ‘Moving average‘ indicators are mixed. Ichimoku Cloud is neutral
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
EURUSD will move higher from the Support..Please Support this Idea with LIKE if it is Useful....
EURUSD
T he price is close to strong support/resistance level,previously the level acted as a strong support,as long as the price stays above the support it could give us a nice buy opportunity with a good R:R ratio..After reaching the Buy level I expect the price to move higher..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to BUY..
Trade it with proper Sl..
@ - 1.07690
SL - 1.06690
TP1 - 1.10000
TP2 - 1.11530
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
GOLD forming Bullish Pennant,will visit $1,770 level on breakoutPlease Support this Idea with LIKE if it is Useful....
GOLD
The price is forming a potential bullish pennant pattern,after falling to the buy zone I expect the price to visit $1,772 level,the macro trend is still bullish...
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 8hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
AUDUSD, the price will revisit 0.6000 again...Please Support this Idea with LIKE if it is Useful....
AUDUSD
The price has been following an ascending wedge pattern, price broke below the wedge and after retesting the wedge's trendline the price again started falling,I expect the price that price will fall to 0.60000 level again..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 5hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
AAPL Slight Pullback then Bullish Continuation Expecting small pullback Monday morning to 304.30 then bullish continuation inside Upward Channel to a price target of 315.36.
3 Rising Valleys + Inverse H & S (Slanted Neckline) + Bullish Momentum
*Bearish Reversal if we break below Channel
Analysis last week gave us an initial price target of 303.43 from 3 Rising Valleys with a secondary target of 313.37.
Options Trade: 5/22 AAPL 315c (At support bounce)
BEWARE FIRST & LAST SESSION HOUR- KDD CORPORATION-30MN- MY IDEASAfter a past long ranging period , we can observe that the KDD CORPORATION curve in 30mn has been at first descending.
After a short period with flat movement we observed a change in direction, seeing now the market going up back to the former ranging zone.
We see that there is a huge amount of fight between buyers and sellers. For the time being, buyers win!
Illustrated by two strong buying signals opportunity to get profits in the long direction.
Next:
-High probability of seeing the market running up more even in this slop angle.
- Beware of the first and last hour of session , major moves has been happening during those times.
- Possibility of a short entry around the top dotted black line which is a strong resistance point OR if we observe a large candlestick (one unique candlestick ) going down to break all lines and reshape the market.
EURUSD is close to BUY zone..Please Support this Idea with LIKE if it is Useful....
EURUSD
The price is close to support/resistance level, If price continue to hold the Support then there is a chance that price might grow till the next resistance level.
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 5hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
USOIL above support/resistance level,BUY on pullback...Please Support this Idea with LIKE if it is Useful....
USOIL
The price is above key support/resistance level,after a pullback If price continue to hold the Support then there is a chance that price might continue to grow,wait for the price to make a pullback and if price give any bullish signals then look for buy trade with good R:R..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
EURUSD made triangle pattern breakout,BUY on pullback
Please Support this Idea with LIKE if it is Useful....
EURUSD
The price broke above the triangle pattern ,after a pullback If price continue to hold the Support then there is a chance that price might continue to grow,wait for the price to make a pullback and if price give any bullish signals then look for buy trade with good R:R..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
ETHUSD - Sideways/Choppy Today. Price Technical Analysis #28Market in last 24 hrs
- ETHUSD has been relatively less volatile. Market moved between $205.3 to $219.5
- Price at time of publishing: $209.5
Today’s Trend analysis
Price should trend sideways today. Oscillators are neutral. MACD is indicating a sell opportunity. Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto token. We are observing an increased trade volume and price volatility.
- Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 49
- ‘Moving average‘ indicators indicating buying opportunity. Ichimoku Cloud is neutral
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
EURJPY is above Support/Resistance,BUY on pullback...Please Support this Idea with LIKE if it is Useful....
EURJPY
The price is above key support/resistance level,after a pullback If price continue to hold the Support then there is a chance that price might continue to grow,wait for the price to make a pullback and if price give any bullish signals then look for buy trade with good R:R..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
EURGBP is close to Strong Support level,When to BUY??Please Support this Idea with LIKE if it is Useful....
EURGBP
The price is near strong Daily support/Resistance level, If price holds the level as a support then there is a chance that we might get a good opportunity to Buy from that level, if price gives any bullish signal then look for buy opportunity..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to BUY..
Trade it with proper Sl..
In case,If price don't give any bullish signal then don't open trade and wait for another opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
USDJPY : US DOLLAR CHOPPY PRICE ACTION AGAINST JAPANESE YEN Technical Analysis : Price action as been choppy for USDJPY, We see a clear range between 109.500 and 107.
I see no changes in the technical view of the USD/JPY pair even with a choppy price movement, it remains stable below the 108.00 support amid stronger control of the bears on performance, and risk aversion will remain supportive of this trend and foreshadow a downward movement towards support levels at 107.55 and 106.90 And 106.00, respectively. There will be no control of the bulls on performance without moving above the 110.00 psychological resistance.
At the 106.9 level I expect to see a certain amount of support, so if we were to break down below that level it’s likely that we could see a downturn towards the 105 level. On the other hand, if we turn around and rally it’s likely that we could go to the 109 level where I see a significant amount of resistance. A break above this level allows the market to go to the 111 level but it certainly looks as if the downward pressure seems to be winning the day now though.
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
BTCUSD - Consolidation Today. Price Technical Analysis #58The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
----------------------------------------------------------------------------------------
Market in last 24 hrs
- BTCUSD price consolidated, moving in range of 200 points around $7,550
- Price at time of publishing: $7,500
- BTC’s market cap: $138 Billion
Today’s Trend analysis
Price should consolidate today. Oscillators are mostly neutral but with a slight bias towards buy side. MACD is indicating a buy opportunity but CCI and RSI both are already in or are near over-bought zone. A trend reversal is just around the corner, which is making the uptrend momentum weak.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Consolidation today
- ‘Oscillator‘ indicators are mostly neutral. CCI is over-bought zone
- ‘Moving average‘ indicators indicating buying opportunity
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
EURJPY is close to strong Support/Resistance, BUY opportunityPlease Support this Idea with LIKE if it is Useful....
EURJPY
The price is close to strong support/resistance level,previously the level acted as a strong support,as long as the price stays above the support it could give us a nice buy opportunity with a good R:R ratio..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to BUY..
Trade it with proper Sl..
In case,If price don't give any bullish signal then don't open trade and wait for another opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
USDJPY below Support level,wait for pullback to SELL..Please Support this Idea with LIKE if it is Useful....
USDJPY
The price isbelow Support/resistance level,after a pullback to the support/resistance the pair could give us a nice sell opportunity with good R:R ratio,wait for the price to reach the zone and if price gives any bearish signal then look for sell opportunity...
Daily Time-frame:
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.