Short for the day !! after that bullishShort for the day !! after that bullish. Yesterday it was trendline breakout on 4 hour chart. So I am short on EuroUsd from morning
Usdshort
USDCHF WEEKLY SHORT
Strong Down Trend Leg On Weekly
Leg1
Start Price: 0.98491 (open)
Date: March 23rd 2020
End Price: 0.89027 (close)
Date: Jan 04th 2021
Leg 2 (Entry Sell)
Entry: 0.93386
Stop Loss: 0.94602
Date: 17th March 2022.
Take Profits:
Price has been stuck in a sideways range since 22nd Feb 2021. This is a weak pullback in based on structure and price action. Price Action stated that strong trends usually take the form of TWO with trend legs. WAIT to enter on a Low 1 entry on the 4HR TF (@0.93386).
Take Profit Calculation:
Fib Retracements
Fib Extension of previous weekly Swing High: (March 4th - 16th)
Target 1 = 0.8999 (R;R = 2.98)
Target 2 = 0.87418 (R:R = 5.49)
Fundamentals Backdrop
Short USD
~ High Inflation
~ Debt from Stimulus and Ukraine Aid
~ Swiss Frank is risk off currency
~ Swedish Central Bank is keeping interest rates at current levels which is Less hawkish than US Fed Quantitative Tightening Fiscal Policy.
Cheers! First Trade Post Ever! :)
eurusd longHey everyone I want to share may indicator signal and analysis {MJteam long signal indicator}
EURUSD
EURUSD reach 4H level and creat a 4H pivot
in this indicator if price in 1 or 2 candle engulfing blue line we can open short position upper blue line and stop loss is red line
signal line :blue line
stop line :red line
target line : green line
DXY Sell Setup.Credits: @Badcharts thank you so much.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
DXY Count Monthly TF Long Term.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
FOREX ANALYSIS : USDJPYFX:USDJPY
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
FOREX ANALYSIS : BTCUSDBITSTAMP:BTCUSD
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
FOREX ANALYSIS : USDJPYFX:USDJPY
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
dollar index in daily TVC:DXY
As we can see , price just touched a very key zone and I think it can't go higher than this for now , this key zone (purple) has been touched 4 times and it's strong resistance level now
also we have a bearish harmonic pattern .
what do you think guys ?
USDCHF-SHORT CHANNEL TOPUSDCHF is trading in downward channel ,sell on strength
TRADE PLAN
short at 0.91508
SL : 0.91750
TP: 0.91020
Risk Reward Ratio: 1:3
Expecting USd to drop for a while - Targetting near 90USD has spiked up a lot since we had teh fed meeting and teh core CPI data. I'm not sure its ready to head off yet... i think we will see a pull back close to 90 after this little push up happening today.
Short DXY.
Target = 90 (near abouts)
Dollar index in the near futureThe dollar index is approaching a resistance. At the same time, divergences can be seen in the indicators. In case of reacting to this resistance, this index can initially drop to around 93.5 and if it breaks its white support line, it may fall to 92. But if this resistance is broken by the good news, this analysis will be rejected. Technically, there is a high probability of a fall, but for this we have to wait for the news. A lot of news is on the way this week.
If this analysis helped you, please support us with likes and comments. Thank
DXY Trend Direction Breakdown - Aug. 2nd, 2021DXY confirmed bearish on a break of 91.980. Using structure to determine 90.581 as my current farthest short target, with multiple levels/zones to pass through first; shorts started around 92.186. Price retests and ranges within 92.186 - 92.333 are stuck in a zone that I personally will not attempt to trade within. The bullish trend was held above 91.800 at first, and just recently adjusted higher to 91.980, which weakened the overall previous trend and caused me to switch to a bearish bias. My personal new long orders would start around 92.333 with the current farthest target being 93.088, with multiple levels/zones to pass through. Analysis referenced the daily, 4h, 1h, with 4h being the main reference.
USDCHF : SHORTHead and Shoulder has been formed, a retest of the neckline and
awaiting FOMC this week to show the direction of the greenback.
My outlook on USDCHF is SHORT to fill up the Demand Zone @ 0.90900
DXY forming a perfect Wyckoff patternRemember BTC/USD chart back in May 19th?
Remember Wyckoff pattern breakout?
Have a look at DXY forming a perfect Wyckoff pattern on the 8H chart... the question remains when will it give way?
My bets are set for next week where we see BTC rising from the ashes as DXY gives way.
EURUSD Long May/June 2021EURUSD Long May/June. Expecting dollar weakness until June 4th as a minimum
50 Pips SL.
1% risk.
AUDUSD Long May/June 2021AUDUSD Long May/June 2021. Expecting dollar weakness until June 4th as a minimum
50 Pips SL.
1% risk.
10-14 May EUR/USD buy ideaPrice got higher high on Friday and jumped over the wave 5 of last impulse move. So I would like to buy on correction between 0.236 and 0.382 Fib Retracement or around 1.21250. And targets is 1.222 as February high and medium resistance level. And monthly target is 1.23 as Jan '21 high. Seems like wave 1, so wave 2 will slightly dump the price to .618-.382 of Fib Retracement and then we'll get a great 3rd wave. This all supported by bunch of news for USD this week and forecast for them are not good at all. GL & HF
is the dollar index about to drophere is a failed bullish patten that now has turned into a nice short on any USD pair
Gold gold is creating higher highs higher lows from 4h timeframe and lower .
if dollar keep standing weak we can see easily that price will go at 1850.00 which is a supply zone in Daily .
From there i expect price to fall .
Lets see how this monthly candel will close.
