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Weeklymarketsanalysis

Is Consolidation Showing Signs of a Drop Coming?Price looks like it's showing fatigue on the daily and is consolidating for a potentially nice drop this week. This will most likely move as a giant pullback before continuing up, but it'll be a few hundred pips before it continues. Otherwise, I have to see is it going to do a fakeout to the weekly or actually bust through it. We're about to find out. BEAR TPs: • 46.93 • 46.20 • 45.72 • 44.67 • 43.90 BULL TPs: • 49.76 • 50.26 • 51.23 • 52.34 • 53.40
TVC:USOILShort
by NikaJourney
GBPAUD- Weekly AnalysisLast week GA was bullish, and i'm thinking the trend will continue this week following the new Brexit deal. Before the end of last week price created a new high, and it looks like price could just be retracing before another push to the upside. We're definitely prepared for whatever happens, but for now we will follow the trend and see what confluences price gives us before the start of London session. Right now on the 15 minute time-frame price is just consolidating so i'm going to wait for a break of structure and execute. Stay tuned for updates on my GA setup
Long
by lobfxempire
CHFJPY Weekly AnalysisCJ appears to have created a bearish 3 drive strike pattern, as of now I believe price will reach the -27% (116.346) on the fib, and keep falling to the -68% (115.959). The market may gap up as soon as it opens and move up more to create a much more clear 3 drive strike pattern on the 4hr before falling but ultimately I think price is headed towards the bears because price reached the highest it has been this year and immediately turned around. What do you guys think?
Short
by lobfxempire
Bearish Scenario: Ethereum show weakness!!! divergence downIn the medium term, we noticed that Ethereum doesn't have force to continue up above to $600 USD. So guys, you will need to still alert of any bearish scenario, because I can to see two support: $490 USD and $440 USD. Now, vey important it's to have this plan in case that Ethereum show more bearish signal in Daily or H8 or H4 timeframe. My reccomendation if you want to get benefit of this short position don't trade H1, trade H4 chart or above. Also, noticed that in 3 Daily chart in the RSI I mark the red horizontal line that mean sell signal and also, we can to see a sell signal in Ethereum that we would need to know this secret information to accumulate more Ethereum!!! Ethereum it's one of my cryptocurrency favortie!!! And then, in weekly timeframe, we see more bearish scenario that Fibonacci mark a possible correction toward the 0.382% and 0.618% of Fibonacci. and also we see a bearish divergence in the RSI too!!! What do you think about this analysis? Can this analysis support you and have any plan for bear scenario?
COINBASE:ETHUSDShort
by harisonhbn9718
1
GJ Retracement To Market Close *Intra Week Analysis*Good Evening! Im thankful & blessed to be able to trade another week. Let's make it exciting! GJ began the week around price point 138.93, which is 140+ Pips away from market close. Talk about a huge gap. In my opinion gaps are always easier to catch when it's drastic like that. Mainly because price mostly retraces to wherever it gapped from. Price is currently testing a 4HR region, a close below would be 1 awesome confirmation. As soon as markets opened GJ was testing a 50 Moving Average to the upside but it failed to break it. As of right now, GJ has just tested another moving average to the downside. It also has been pushed off of it. I predict a plummet back into 137.50, only if it closes below the current box region its in. Leave a like if you agree with my Analysis Leave a comment if you're trading GBPJPY this week Stay Safe! -Mr.Pipzz
Short
by lobfxempire
AUDNZD - This week Watchlist Overall view is Bullish on a long term Basis. Weekly is bullish and so is 4H, But Daily preventing us to take a buy yet. Weekly closing the last candle with a bullish engulfing confirming the sign of buyers entering. Daily structure is yet against our weekly bias since we are at LH but daily haven't build of any bearish signs for now which is good for our Bullish bias. 4H is all we are watching for now, keeping an eye for Possible form of HL at the zone drawn in picture then getting Lower Time Frame (LTF) confirmation to enter. Follow us for more ideas and setups on Forex and Crypto Market.
Long
by Capitalflowsam
EURCHF Weekly/ Daily analysis 🦐EURCHF after the break of the major descending channel on the weekly chart is now moving inside an ascending channel. The price attempt to break a few times the monthly resistance structure at 1.08300 without success. On the daily chart after the last attempt to break above the structure the market got pushed back at the 0.618 fib retracement. IF the price will break above the 0.382 Fibonacci level we can look for a once long order for a new test of the structure and the upper trendline. IF the price instead will break below the 0.618 we will look for a short position according to Pkancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger. Leave a comment that is helpful or encouraging. Let's master the markets together.
by InkyGrip
11
CHFJPY Weekly AnalysisCHFJPY is about to gear up to test the high of the year 117.800+. Price is testing a VERY key area for this pair, which it hasn't been in or around since August. This week i'm expecting the bulls to continue until price reaches at least 117.915-118.000. Price previously topped out at 117.883 which then after price tumbled down to 113.274. Price has now engulfed the last high that happened back in October which is circled, and looks like it has picked up strong bullish momentum. Lets see what unfolds, goodluck to you all!
Long
by lobfxempire
BTC Weekly Chart Analysis2017 Jul and 2017 Sep Trend line is legit. Most likely, BTC will try to touch and test the upper trend line. If BTC touch the upper trend line, it will likely come down to the bottom trend line. However, If BTC break the upper trend line, it could be going to the moon or use the upper line as a support and slowly go up. I don't think it's going to touch the upper trend line in this week. It might take a long time to go up to the trend line or come down to retest bottom trend line. Thank you.
COINBASE:BTCUSD
by coolsake
2
Will Previous Market Structure on Weekly Be Respected?On the 4 hour, it looks like a baby head, neck, and shoulders is forming to signal the bull. The right shoulder is missing. BUT, it's the weekly charts that got my full attention. It shows price is bearish, but a bit jagged. We're sitting on top of where a previous market structure took place. If we break the range at 1.50748, we're gonna be in for a nice nosedive. This is my favorite pair. I can't wait to see what it does. BULL TPS: • 1.52947 • 1.53709 • 1.54582 BEAR TPS: • 1.51824 • 1.50998 • 1.49809 • 1.49015
by NikaJourney
2