EURCHF 4 Hr. Intraday Short Set Up!Welcome back! Let me know your thoughts in the comments!
**EURCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
Trendfollowing
GBPUSD BIAS: SELLCurrently, the GU selling pressure is still high and there is a high tendency that this bearish directional move could last till the end of this week before a reversal could start to surface. The price is respecting the minor resistance level in the H4 chart, and the current candlesticks are turning into a bearish engulfing candle. A short trade setup could be made the moment it closes.
EURJPY Potential Bearish Reversal!Hello Traders,
In Today's trading session we will be monitoring EURJPY for a Selling opportunity in and around 137 area. Once we get a Bearish confirmation the trade will be executed and shared with our premium subscribers.
- RISK DISCLOSURE
TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
DXY Elliott wave planWe already finished wave 4, now going to finish wave 5 on 109-112%, it will drop down Btc bellow 19k and USDPLN above 4.915.1
Volume on higer timeframes already is low, that indicates the top of the wave 5 and near correction, volume on lower timeframes is normal, so the price can go giger to fill wave 5 at least at 110%
BTC trend analysis#BTC/USDT
$BTC broke down from the flag pattern and now is inside a strong descending channel.
now price is above the lower line of this channel.
🐻 break down the lower line from here can shape a head and shoulders pattern and drop price to somewhere around $16k.
but I think it's more possible to hold this support and has a sideways move here for several days!
then maybe another touch of lower line and after that attempt to break out middle line to touch the upper line of the channel.
Us30 Crucial PoiI personally believe that Us30 has retraced enough and there are valid reasons why I'm thinking price will push down and make lower lows. Price has delievered and liquidity has been taken. If you followed my previous analysis you might have even profited.
Good Luck!
KNC crossing up on 4hr ST Daily ST still longIn spite of our last mini crash KNC is still above it's daily trend signal. Looking strong this weekend and headed for new highs soon.
Time to go short on EURJPY ↘️It's time to go short as my EDGE trade script has said so.
Trend trade identified and entered.
Working H2 timeframe on EURJPY.
Trade details can be found on the chart in printed label.
All the TP values same in label as that's what I'm aiming for on this strategy.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Last shared idea on this trade hit TP lets see if this one can.
Thanks for looking
Darren🙌
EURUSD BEST place to short! Welcome back! Let me know your thoughts in the comments!
**EURUSD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
NZDCAD Correction to 50% FIB then SHORT!Welcome back! Let me know your thoughts in the comments!
**NZDCAD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
BTC dropped 8% after bear signal. More to come for Bitcoin?BTC dumped 8% (purple price range) after the bearish Supertrend Ninja - Clean signals (red vertical line on the background).
RSI at 36 is in the bearish zone. If we take a look at the RSI Brown, its in the oversold area. If we take a look at the Average Directional Index ( ADX DI) its still in the bearish zone. The red columns have overtaken the green columns. ADX (orange line) is looking to cross up the SMA (black line), which indicates the trend is about to get stronger. If so BTC will drop even more. Currently BTC is forming Leg B of the Elliot Wave. Leg C is obviously dependent on how deep Leg B will correct.
Fibonacci rectracement is drawn with orange horizontal lines. Next zones to watch if we break this support is 20,457 USD (0.618) and thereafter 19,164 USD (0.786). Support and resistances are highlighted as grey and light green horizontal blocks.
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
PORTO +282% after BULL signal 🚀🚀 Retrace imminent?PORTO pumped 282% (green price range) after the bull Supertrend Ninja - Clean signals (green vertical line on the background).
RSI at 88 is overbought. I do not see any bearish divergences forming on the RSI Brown or RSI on this chart. Although I expect a retrace to be likely before another run up. It really depends on BTC going sideways instead of going down more. If we take a look at the Average Directional Index ( ADX DI) its still in the bullish zone. Currently PORTO is way above its Basis Bollinger Band , Band Basis 20 Period SMA . And above the LSMA as well.
A healthy retrace first, before another run up to is a possible scenario. But it most likely needs BTC to go sideways for this to happen. Buying here is NOT recommended. Support and resistances are highlighted as grey and light green horizontal blocks.
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
Santos +449% after BULL signal 🚀🚀 Retrace imminent?SANTOS pumped 449% (green price range) after the bull Supertrend Ninja - Clean signals (green vertical line on the background).
RSI at 95 is heavily overbought. I do not see any bearish divergences forming on the RSI Brown or RSI on the daily chart. Although I expect a retrace to be likely before another run up. It really depends on BTC going sideways instead of going down more. If we take a look at the Average Directional Index ( ADX DI) its still in the bullish zone. Currently SANTOS is way above its Basis Bollinger Band , Band Basis 20 Period SMA . And above the LSMA as well.
A healthy retrace first, before another run up to is a possible scenario. But it most likely needs BTC to go sideways for this to happen. Buying here is NOT recommended. Support and resistances are highlighted as grey and light green horizontal blocks.
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
USDCHF possible SHORT SETUPUSDCHF structure is bearish, price has approached our point of interest (POI)... we can see some reaction on 61.8% fib level taken from previous lower-high to lower-low and a trendline adding a confluence of resistance. I expect this pair to continue down as indicated on the chart
S&P 500 Signalling Buying Opportunities?As expected, the S&P 500 has reacted to the daily 200 simple moving average
which is acting as resistance.
Basic indicators such as the moving average can tell us before the fact where
price may struggle and potentially reverse.
This move is not a reversal at the moment, a barrier has been formed, and it
will just take the buyers a bit more effort to break above this level.
We have seen some bullish impulsive moves recently, and if the long-term trends
are still intact, then the 200 sma should be broken soon, and then we want to
see price go on to create new all-time highs. Patience for now, but we may soon
be looking for buying opportunities again.
If you like enjoyed this post, make sure to like, and follow for more quality content!
If you have any questions or comments, comment below. We reply to every comment!
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
We have a EURJPY alert 📳Long trade alert for EURJPY has signalled.
Trend trade identified and entered.
Working H2 timeframe.
Trade details can be found on the chart in printed label.
All the TP values same in label as that's what I'm aiming for on this strategy.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Yesterdays CADJPY share hit TP lets see if this Yen pair idea can also.
Thanks for looking
Darren🙌
Time for a long on CADJPY 💹I have a trade alert for CADJPY.
Trend trade identified and entered.
Working H1 timeframe.
Trade details can be found on the chart in printed label.
All the TP values same in label as that's what I'm aiming for on this strategy.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌