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AUDNZD WEEKLY SHORT SETUP 300-700PIP SWING TRADE IDEALooking at AUD/NZD just need a Daily/Weekly reversal pattern to form before going short. If a Counter-trend line does form on the 4hr or Daily I will use that to help with more precise entries. -We had a Weekly Uptrend break. It has been retested the back end of the uptrend previously for a 365 pip drop. It has reached our point of interest once again in which we can look to go short again (If confirmations are met). -Initial Targets (Previous Weekly Lows). 2nd Target (100 fib) 3rd and final target (-27. Extension)
Short
by Lm7ee
US Dollar Currency Index / D / Weekly Forex Analysis / 4.21.2019Hello Traders, Happy Easter and welcome to the Weekly Forex market analysis. Today is April 21st, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the daily chart and take an outlook into the upcoming week. Looking at the Dollar Index here on a daily time frame, we can see a rising wedge type formation still playing out for a few months now. Last week we were looking for the retest of 97.701 area didn't quite get to the top of the wedge. Overall on the week the dollar has gained some bullish momentum and strength, threatening the highs of 97.701. We are going to be watching this area again into this week of 4/22/19. If we can break out of this 97.701 area which is acting as major resistance we can possibly see continuation towards the 98.687 area. On the other hand if we don't see a rally towards 97.701, then be mindful of a possible retest of support near the 96.288 area. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
INDEX:DXY
by FuturesForexClasses
Gold- Weekly Forecast 22nd - 26th AprilThe gold continues to break lower as US stocks market continued to climb steadily. The neckline of an HnS was successfully broken creating the case for further bearish movement. And looking at the weekly chart, the price has also closed below a range at the top with a significantly bearish candle. In the first trading day of the week, we can expect further retracement before the price resumes depreciation. Look for selling opportunity within the supply zone of 1284 - 1289.
FX:XAUUSDShort
by AlgoVenture
EURUSD- Weekly Forecast 22nd - 26th AprilEURUSD took an unexpectedly bearish turn as a lack of demand failed to maintain the price higher and a weak Euro data caused a snapped in the shared currency. The price broke 2 higher lows in one wave thus making a strong case for further bearish movement to follow. Due to Easter Day, volatility will be low and the price may continue to retrace higher. We can wait for a selling opportunity near 1.1280 just above the Fibonacci level 50% and short towards 1.1180.
Short
by AlgoVenture
Dollar - Weekly Forecast 22nd - 26th AprilThe dollar has made a comeback last week as a lack of sellers after breaking below a range and a strong retail sales caused the dollar to rise. Based on the current movement, the dollar is most likely to retest the 23-months supply zone at 97.6. Volatility will be low on the first trading day throughout Asia and Euro session due to East Monday which is most likely to cause the dollar to retrace lower towards the rising trendline. If the price is able to maintain above 97, it is likely to rebound during the US session on Monday or probably the following trading day. However, the dollar will still face strong resistance at the top of the symmetrical triangle which will still cause the dollar to range further since last year September. Therefore this week, we will need to watch the range between 97 and 97.6 closely and see where will the price break.
TVC:DXYLong
by AlgoVenture
$SPY - Weekly Chart Analysis Heading Into Easter Long Weekend$SPY - with its consistent grind for the month of April, we have finally found ourselves approaching ATH (All time highs) from back in October 18'. All indicators illustrating market breadth is exhausted and due for a pullback. With earnings and volatility arising in the majority of S&P names, we will be mindful of both directions the market can take. For healthy longs, we would like to see a slight pullback to $285-$290 level of consolidation to let the market catch it's breath and overbought sentiment. Main focus for day trades have been day 2 continuation plays off highly correlated news-based plays moving irrelevant to the market conditions. Other focus setups have been on the earnings reports and pre-market gappers that also tend to more irrelevant to the market conditions. Still keeping a mindful approach to how the $SPY is acting in conjunction with my watch-list. On gap up days, market tends to give less opportunities at the open and for longs. Key is to be patient, let the pullback/dip take place and base out, then look to attack the healthy long setups that have bullish support from the overall market. If we do hit doomsday mode where media and major names start to tank during earnings season, will look to focus my watch-list on the inverse ETF's (UVXY, TVIX) as they are my bread and butter during volatile market dips. Have a great long-weekend everyone and I will see you all Monday!
AMEX:SPY
by BullsOnWallStreet
Look!Outstanding Bitcoin Evening Star Doji Setup on The Week!Here on the week by week graph, we can see that cost has printed half of a tremendous night star doji example, and it's a course book development up to this point. Since the start of February, cost has been in an uptrend (pink channel) on the week after week graph. Be that as it may, we printed a gigantic bullish flame after we detonated over the week by week 200 EMA (in purple.) Price hit a roof however, directly at the week by week 50 EMA (in orange.) As you can see, the present light is as a doji star. Thus, I figure this week by week flame will close tomorrow night, and we will start the following week by week light. Along these lines, on the off chance that we close this flame as a doji star, it will have mostly finished a course book evening star design on the week after week time period. A significant number of you are most likely pondering what that implies. All things considered, a night star is a bearish inversion development. Normally, the bullish flame that ascents before the doji star, is totally deleted on the opposite side of the doji . At the end of the day, if this example happens, one week from now could totally eradicate the additions that we have seen, since the breakout over the week by week 200 EMA . I've appeared different investigations how we were simply dismissed at the highest point of an enormous uptrend channel , and I've indicated how we could come back to the base of that channel. For illumination, see the past BTC examination connected beneath. This example is proposing that we could see a tumble to the base of that channel, and conceivably even lower. As I have highlighted in different examinations, you can see that there is a major frightful red bolt on the graph, demonstrating how BTC could clear out a gigantic measure of significant worth one week from now. That is on the grounds that for this example to finish itself, we would need to see a ground-breaking bearish finish on the inversion. Remember, this example isn't finished. Be that as it may, it is set up splendidly to satisfy itself. The energizing part, is that in the event that we do see a dangerous retracement back to the 200 EMA (in purple) one week from now, that probably won't be the finish of the selling. Actually, evening stars frequently produce a few candles of drawback continuation on the back of the example. Along these lines, we should perceive how this plays out. I simply needed to draw it out into the open, with the goal that all of you comprehend the potential drawback hazard. The week by week 50 EMA has ceased BTC dead in it's tracks. Starting here, the undoubtedly heading we will cross, is to the drawback in the coming weeks. To anybody out there who is a candle design addict, considering how this is a "course book" evening star setup, without a hole up to the doji , I just make them thing to state — this is Bitcoin . It's a 24 hour market. There is anything but a solitary hole on this diagram. Subsequently, I have rejected that course book prerequisite. This data isn't a suggestion to purchase or sell. It is to be utilized for instructive purposes only.***
BNC:BLX
by BestFxNews
2
US Dollar Currency Index / W / Weekly Forex Analysis / 4.15.2019Hello Traders, welcome to the Weekly Forex technical analysis. Today is April 15th, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the daily chart just to get into the calendar, and have an outlook into the upcoming week. Looking at the Dollar Index here on a weekly time frame, we can see a rising wedge type formation playing out. Last week we were looking for the retest of 97.701 area didn't quite get to the top of the wedge. We are going to be watching this area again into this week of 4/15/19. If we can break out of this 97.701 area which is acting as major resistance we can possibly see continuation towards the 98.687 area. On the other hand if we don't see a rally towards 97.701, then be mindful of a possible retest of support near the 95.960 area. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
INDEX:DXY
by FuturesForexClasses
HANG SENG: Weekly OUTLOOK!#OpportunityHey tradomaniacs, welcome to my analysis for HANG SENG HSI. Everything I want to say is shown in the chart. Since this market is political-driven we should still wait for the outcome of the tradewar, especially for China and USA. Every good news seems to be enough for the market to buy.. but still with a very low volume! ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
TVC:HSI
by Trading2ez
Gold - Weekly Forecast 15th - 19th AprilThe gold has climbed for the first 3 trading days of last week which it found resistance at a falling trendline. The resistance has translated into a very bearish movement and broke through the bottom of a rising channel in the H4 chart. On the last trading day, gold fell into a range and there's one hour where buyers did try to push up the price but failed miserably, leaving a long upper shadow (H1 chart). The price went on to inch lower and finally closed right at the previous low. Therefore, we are expecting that the sellers will continue to take control and this time it may finally break through the neckline of the head n shoulder. Once the break happens, we hope to see that the price, with strong demand at the bottom, will retrace back to the neckline to retest and that's where we want to get ready to sell.
FX:XAUUSDShort
by AlgoVenture
1
EURUSD - Weekly Forecast 15th - 19th AprilEURUSD started off last week with a strong bullish candle that broke above a 1-week range. On the 3rd day, it retested the range but buyers are strong enough to hold off the sellers thus leaving a long lower shadow. on the 4th day, the price attempts to fall again but it was obviously one without commitment. The buyers came in strong as sellers are worn off and the price closed higher with a strong bullish candle. Therefore, we are strongly expecting EURUSD to continue its bullish trend and thus we will be waiting for levels to long along the way.
Long
by AlgoVenture
Dollar - Weekly Forecast 15th - 19th AprilAfter more than a week of ranging near the top, the dollar has broken below the range. On the first day of the breakout, the price pulled back strongly the following day back into the supply zone. However, on the last trading day last week, the dollar fell through the floor, showing that the sellers are now in control. Therefore in this week, we are clearly expecting the dollar to display more bearish movement towards the bottom of a 7-month ascending triangle
TVC:DXYShort
by AlgoVenture
Confirmed! BTC closed above the forever downtrend! What now?Hello everyone! I hope you're well. Before we start, I want to make a quick intro again, I've changed my username to CyberStocks. I'm trying to take my tradingview account more seriously because I plan on building a brand and online business in the near future. I would like to inform my viewers before starting and cause unnecessary confusion. Alright now that's over with, let's start with a quick reminder, this chart has combined 6 of the world's largest exchanges together to get an average of the world volume and data. This is a follow up to my previous article, last time I said we're very bullish if we close above the forever downtrend, and a bull run could potentially start. So let's fast forward 1 week later, and what do we have? An actual huge green candle that closed above the downtrend, that means we went from bearish to bullish. However, that doesn't mean the bull run starts now. It still needs time to consolidate, I'll talk more about that in my next article, with a much more in depth analysis. Let's focus on what's happening now. Everything still looks good on the weekly, only thing that's changed is an open red candle on the weekly, this tells me that its simply a pullback from the massive pump last week. If you look on the RSI, we can clearly see that the volume pump vertically, and is now followed by a pullback. This is very normal, for every push there's always a pullback. Our most recent correction was at 4922 USD (29,532 USD) with the candle just wicking the mini, weakish support line. This is considered a bullish sign if you're an Elliot waves guy (I'm happy to explain Elliot waves in another article, let me know what you think in the comments section) because it means that we have a truncated wave. For every push there's a pullback, what goes up must come down. In other words, If we're going up, the price needs to cool-down before it can go further up again. There's a lot of drama and commotion about the market sentiment right now, people are saying things like "we're going to 4,200 USD." If you think 4,200 USD (25,200 USD) is bad wait until you see what the whales have installed for you, there's a much larger picture than what we see now, I'll explain the whale's secret plan in my next article. Back to the 4,200 USD debate, we don't actually have solid evidence to make that claim, we'll have to leave it as pure speculation for now. However, it doesn't mean it can't happen, and that's the funny thing about these markets, you always have to consider every single possibility. A dump to 4,650 USD (27900 USD) is what dictates the direction of the price. There are certain things that must be required before making a viable predication, if it qualifies then it's believable. Just remember, price pumps or dumps in crypto markets must be severe enough to define whether something can turn bullish or bearish. If you look on the 4 hour chart, I've spotted a heads and shoulders, and its still at play right now as we speak. Let's take a step back and have a detailed look. The chart is trying to tell us that the bulls seemed to correct before we hit the neckline, it looks like we might be creating a new higher high or what might be the right shoulder. The size and shape of our right shoulder will determine how much the price will retrace to. I know this article was short, but I wanted to follow up with that recent pump that happened last week. I also wanted point out a few things to look for afterwards. Please stay tuned for my next article, I have some big, crazy, and interesting news to share. Thank you everyone for your time, have a great weekend! P.S. I've decided to accept donations. I'm trying to build a brand and business for my trading career. If you would like to donate, all funds would directly support my mission and vision. I still appreciate each and every one of you whether you choose to donate or not. BTC Donations: 1AuZiofHSqM5gV1ttxUddNovDhEtHgMUgA
BITFINEX:BTCUSD
by CyberStocks
4
#USDJPY, long and short in Week 15, remain bullish in Week 16?USDJPY moved as expected for the first half of Week 15, completing a 3 level bearish move. That move was quite fast as it completed in just half a week. Following the completion of the bearish move, it then makes a bullish movement that took back the bearish move made during the first half of the week. What a strong bull we are seeing! Traders who took short positions would have made a good profit, before getting out, and traders taking long trade would have made a good profit as well. Week 15 is indeed profitable for both sides of the market. While a strong bull came in and made a new bullish level, the analysis pointed us to expect some form of consolidation before the price continues its upward trend. For that matter, I am placing a neutral outlook for USDJPY as some form of consolidation is expected before the bullish upward move. In addition, it is quite a big range between the low and the high of bullish level 1, so being cautious and wait for a good entry to long might be the better option now. If my analysis helped you in any way, I hope you can like and follow me on Tradingview! =)
by xunnobi
2
#EURUSD, expected bull in Week 15, turning bearish in Week 16?EURUSD moved as expected from Week 15's analysis. It made a bullish move and break into bullish level 3 ending the week with a full bullish move. Traders going long would be rewarded, however, short sellers who caught the dip in the middle of the week would be rewarded as well. In this week's analysis, we see that the pair has gone up to bullish level 3, where potential reversal usually occurs. While it is still premature to say that a complete reversal shape has been formed, it pays to be prudent and avoid the pair till the next signal comes along. So for the lack of any price pattern and just the fact that it is currently in bullish level 3, I am going to place a neutral outlook on EURUSD. For traders who want to trade the EURUSD, it pays to monitor and look for long or short signals. If my analysis helped you in any way, I hope you can like and follow me on TV! =)
by xunnobi
1
#USDCHF, bullish in Week 15, bearish for Week 16?USDCHF continued its upwards movement in Week 15, dashing all dreams and hopes for traders with a short view of the pair (Including me). I took a couple of losing trade with USDCHF and understand that it will no longer stay bearish and I exited with some losses. While the movement isn't earth-shattering, it is good to minimize floating losses. The pair continued to break upwards to bullish level 4 and it formed a reversal pattern, H&S, which made this week's analysis a bearish one. While the analysis showed a potential bearish move in Week 16, for traders taking short, it is good to set stop loss of some sort to prevent unexpected upward move again. For Week 16, I am in line with the analysis to take a short view on USDCHF, thus I would be entering short again in stages. If my analysis helped you in any way, I hope you can like and follow me on TV! =)
Short
by xunnobi
GBPUSD, ranging in Week 15, ready for Week 16GBPUSD did not make much of a move in Week 15, instead, it spent most of its time ranging. This is a perfect market for day traders and traders who go for 30 to pips each trade. In Week 14, the analysis pointed GBPUSD to make a bullish move in Week 15, while it did rise a little, it is doing in a ranging fashion. For all the long traders in Week 15, profits could be made. The same goes for short traders in Week 15. Week 15 was generally less risky and had good opportunities for traders on both sides. In Week 15's analysis, it continues to point to the possibility of a bullish movement of the GBPUSD. Since it is still at the same level as Week 15, I will continue to take a long position in Week 16, waiting for the bullish move to be made by GBPUSD. I hope all traders continue to make a good profit in the coming Week 16! If my analysis helped you in any way, I hope you can like and follow me on TV! =)
Long
by xunnobi
2
Gold- Weekly Forecast 8th - 12th AprilGold has ranged throughout last week and still maintained above the demand zone at 1282 but also below 1300. The bearish bat pattern has already taken effect as the gold did fall, and at the same time, a head and shoulder was formed too. Since the price failed an attempt to break the neckline, it leaves a possibility for the price to pull back and climb into the supply zone just above 1300. Should gold choose to pull back, it should happen in the first 2 trading days this week. If it doesn't, the price should have no issue with breaking through the neckline and head towards the 4-month demand zone below 1250.
FX:XAUUSDShort
by AlgoVenture