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Trendtrading

CANNOT WAIT TO SHORT USDJPY AGAIN! GET THE MONEY PRINTER READYWe are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs. Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK! This is looking like a very yummy short! Follow and Stay tuned my friends ;)
Short
by RomanaTrades
GBPJPY BEARISH SENARIOGBPJPY is on a very crucial situation as o n high time frame supports to us there is a bearish order flow after few months to come. According to my view on GBPJPY the pair is likely to drop because the double rejection on the resistance trend line level is clear since price moves in waves to hunt for liquidity or unmitigated areas left by the MARKET MAKERS for rebalance an momentum refine and price reversals to its own direction. PLEASE COMMENT FOR ANY VIEW.
Short
by UnknownUnicorn35651725
1
💡 EURUSD: Forecast December 26EURUSD has breached the 1.10 level, but we cannot yet consider this a breakout because selling pressure has also reappeared, shown by a notable Doji pattern on the daily frame. You temporarily stop trading, pay attention to the tops and bottoms of this model. If it breaks to the bottom, it will likely create a peak in the short term, and the reversal traders can consider returning. In case the price breaks the top of the pattern, meaning it has been invalidated and confirmed the breakout, then trend followers can consider entering an order and targeting the upper border of the rising price channel.
Short
by Stone_Haven
4
Ethereum's Dilemma: Surge to $2,500 or Face Decline?Ethereum traders are at a pivotal point as $2,300 proves to be a crucial battleground. Sustaining upward momentum here could lead to a significant rally towards the coveted $2,500 resistance, instilling renewed market confidence. Conversely, bears aim to breach the $2,200 support, potentially triggering a notable downturn with $2,000 as a possible target. The increasing availability of Ethereum on exchanges adds complexity, highlighting the delicate balance between market sentiment and technical factors shaping Ethereum's future path.
BITSTAMP:ETHUSD
by AdmamTrade
💡 XAUUSD: Year-end predictionAlthough it increased on Friday, the gold bar D1 created a bearish pinbar pattern, showing that there is a blocking selling force above. Gold is in a resistance zone and such price behavior is a warning sign. Gold D1's chart structure is sideways overall with a bullish bias. H1 gold recently established a new high price peak, showing the continuation of the upward price trend. Because D1 creates a bearish pin bar, H1 should not be chased above but can wait to buy below. If this resistance is broken, H1 gold may reverse to the downside, and we can wait to sell gold at the next retest.
OANDA:XAUUSDLong
by Stone_Haven
2
💡 XAUUSD: Up after GDP and Unemployment ClaimsGold prices rebounded in the past session, stopping right at the 2050 resistance level. However, this morning, this resistance level was penetrated. However, it can be seen that selling pressure also reappeared right after the breakout and the H4 candle has not yet closed, so it cannot be concluded that this is a complete breakout. You continue to pay attention to this resistance level. If the price successfully closes the candle above 2050 and there is no significant selling pressure, as shown by the candle shadow above, then you can consider increasing your bets. When entering an order, the target will be around the 2080 threshold.
OANDA:XAUUSDLong
by Stone_Haven
Gold Price Outlook: Potential Decline AheadAnalyzing the current landscape during the Christmas holiday, gold prices ("XAU/USD") are likely to maintain their upward trend, hovering around the psychological resistance of $2,000 per ounce. The ongoing weakness of the US dollar continues to support the bullish sentiment. From a technical standpoint, key resistance levels stand at $2,055, $2,070, and $2,085. These levels have pushed technical indicators into overbought territory, signaling a potential for profit-taking sales. With prices just below $100 per ounce, investors are advised to exercise caution in this slightly volatile market. Despite concerns about prolonged conflicts, gold prices remain high, setting a robust foundation for potential future increases. Modest purchases by exchange-traded fund (ETF) investors could significantly impact market sentiment. The pace of new buying may hinge on the Federal Reserve's interest rate cuts in the coming year. Derivative traders are pricing in a cautious approach, potentially influencing gold prices. In summary, the gold market shows resilience, but caution is advised amid potential profit-taking and market uncertainties.
FXOPEN:XAUUSD
by AdmamTrade
Shorting Caution and Planning for Long-Term Opportunities!GBPUSD exhibits a stronger bullish trend compared to EURUSD, despite a Weaker Bull Trading setup. I'm eyeing a buying opportunity for a longer-term trade strategy. However, this doesn't deter me from considering a Bearish Shark Trading setup on the 1-hourly chart as a potential shorter-term play. Simultaneously, I'm patiently awaiting the formation of a Bullish 5-0 Pattern, which could serve as an entry point for a longer-term buying opportunity. What's your take or strategy on GBPUSD? Share your insights below!
Long
by RaynLim
GOLD short term SHORT swing trade | long term LONGGold has been quite bullish lately. Most of our TA is indicating it will keep increasing; however, in the short term we may see a small correction back to the support line ~2036. This support line; based on our TA, may hold and then the price continues to increase. However, if it fails there may be a potential dump all the way back to the 2005 range. In this example above you may see that on the 1 Day Gold still remains quite bullish, even if there is a chance of slight swing correction downwards. Even on the 1 Hour, you may see we are still technically bullish, however our Cipher signals and Boom Meter Bar Colors are indicating potential for a small dump incoming. Likewise once we activate our other core Indicators we can see all but Volume has produced a Sell Signal. Please use caution, this is simply potential for a SHORT TERM swing trade in SHORT direction. However, long term Gold may still remain quite bullish.
OANDA:XAUUSDShort
by YinYangAlgorithms
GBPCAD: READY TO SHORT SOON!We got a confirmed bearish trend change for GC (2 LL and 2 LH is what I look for to ensure I do not fall for the trap of a fake trend change!) Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK! This is looking like a very yummy short! Follow and Stay tuned my friends ;)
Short
by RomanaTrades
💡 XAUUSD: Analysis December 21Gold D1 decreased yesterday, but the price bar had a narrow range so it did not show strong downward pressure. Yesterday's D1 bar fell inside the previous D1 bar to create an inside bar model, showing cumulative price compression. The main structure is still the larger inside bar model in D1, so we have a double inside bar, showing deep price compression, easily leading to an explosive period of large price fluctuations. Gold D1 is moving sideways, more inclined to the uptrend. H1 gold is adjusting down in the downward sloping price channel, after the recent price increase. The chart structure is still more bullish in H1. The trading idea for H1 gold today continues to be buying, including buying from the trend line below, or buying deeper.
OANDA:XAUUSDLong
by Stone_Haven
EURUSD in Intraday Correction Phase, Bullish on the SwingEURUSD 4h ABC corrective wave AS EURUSD is in Bullish Trend, this a counter trend trade with loss Risk: Reward. This trade will be not valid if the price action breaks the 1.1010 and close. SL @ 1.10105 Entry @ 1.0960 TP 1 @ 1.0852 TP2 @ 1.0820 Note: This analysis is for the educational purpose. Note: Trading is the subject to market risk. Always trade with the tight Risk management to stay the long run. Safe Trading, Happy Trading.
Short
by TraderJaggu
💡 XAUUSD: Continue to increaseGold had its second consecutive day of price increase, but because the price is still in the inside bar model, the state of cumulative price compression continues to be maintained. The current D1 gold chart structure is sideways, overall favoring price increases. H1 gold pushed up yesterday, breaking the accumulation zone below. Currently the price is blocked at the resistance above. Today's expectation is that the pullback from this resistance can help form a bullish flag pattern - helping to continue following the most recent upward push.
OANDA:XAUUSDLong
by Stone_Haven