EURNZD - Dec 07-11 Week trade planFX:EURNZD
This is my trade plan for EURNZD for next week Dec 07-11 based on HTF analysis.
Trades will be executed according to my trading rules:
1- Momentum
2- HTF close with momentum direction
3- 1H close below/above previous candle in momentum direction
4- Targets for 1H recent support/resistance
Please refer to the Daily outlook for further HTF outlook.
Zone
EURNZD - Daily Outlook for Dec 2020FX:EURNZD
This is my daily outlook for EURNZD for Dec 2020. Trades will be executed according to confirmation on 4H and 1H Time Frames.
Following scenarios are expected and planned for Dec 2020:
Scenario 1: A close below this daily candle could trigger a bearish momentum to retest the lows 1.6980 and form triangle of love and possibility of continuation.
Scenario 2: Support creation above 1.7340 level (Resistance Zone) will confirm bearish trend weakness and possibility of reversal higher Resistance zones.
Putting in consideration:
Monthly Close : Bearish
Weekly Close : Bullish
Daily Close : Bullish
4H : Solid Up Trend
1H : Solid Up Trend
Notes:
- From previous monthly candle close, current move from Dec 1 could be the monthly candle bearish wick for HTF bearish trend continuation.
- Dec from historical data is a reversal month, so putting in consideration the current bullish momentum could lead this month to close bullish.
EURNZD - Nov 30-04 Oct Week trade opportunities for referenceFX:EURNZD
This is a summary of the trade opportunities during this week according to my Trade Rules:
1- Momentum
2- HTF close with momentum direction
3- 1H close above previous candle in momentum direction
4- Targets for TP points from Week Outlook
Please refer to week outlook :
PEPSI-CO video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: PEPSI is sitting around strong supply in blue and all-time-high so we will be looking for sell setups on lower timeframes.
on H1: PEPSI formed an objective trendline in red so we are waiting for a new swing to form around it to consider it our new trigger swing.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
EURNZD - Trade plan for the week 30 Oct - 4 Dec 2020 FX:EURNZD
This is my trade plan for EURNZD for next week 30 Oct - 4 Dec based on HTF analysis.
Trades will be executed according to my trading rules:
1- Momentum
2- HTF close with momentum direction
3- 1H close below previous candle in momentum direction
4- Targets for 1H recent support/resistance
SEKJPY Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: SEKJPY is sitting around strong supply in blue so we will be looking for sell setups on lower timeframes.
on H1: SEKJPY formed an objective trendline in red so we are waiting for a new swing to form around it to consider it our new trigger swing.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
EURSGD long-term top-down analysisHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: EURSGD is approaching a strong resistance in blue so we will be looking for sell setups.
EURSGD is forming a trendline in red, but it is not valid yet, so we will be waiting for a third swing to form around it to consider it valid.
Trigger: Waiting for a momentum ca ndle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish, and can still test the blue resistance before going down, in this case we will be looking for sell setups on lower timeframes.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
EURNZD - Nov 23-27 Week trade opportunities for referenceFX:EURNZD
This is a summary of the trade opportunities during this week according to my Trade Rules:
1- Momentum
2- HTF close with momentum direction
3- 1H close below previous candle in momentum direction
4- targets for 1H recent support/resistance
AUDNZD Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: AUDNZD is sitting around strong support in blue so we will be looking for buy setups on lower timeframes.
on H1: AUDNZD is forming a trendline in red, but it is not valid yet, so we will be waiting for a third swing to form around it to consider it valid.
Trigger: Waiting for a momentum candle close above the gray area to buy.
and until the buy is activated, this one would be overall bearish.
Good luck!
USDCAD LongUSDCAD is sitting in at a major zone right now. I'm expecting price to break above the area, and continue upwards. It has been since 2018 since price consistently traded below the zone. This could be an "entry king" I could also see price testing the previous low before pulling up.
If price does break down for a short, look to take sell at retest and failure of breakthrough for the level. Minimum losses here.
EURNZD - HTF Outlook will evolve for a trade plan FX:EURNZD
This is my outlook for EURNZD for next week Nov 23-27.
Putting in consideration the following:
1- HTF Solid Bearish Momentum
2- Weekly tested Solid support zone
3- Daily Bearish Close
4- 4H Bearish momentum
5- 1H Potential Bullish momentum
Also a reference note:
Historical Points on EURNZD
- It intends by end of Nov to slow down in trend to reverse in Dec.
- So if we just reached a support or at least this week another low, i expect it to reverse in Dec
EURNZD - HTF Outlook will evolve for a tradeFX:EURNZD
1- HTF Solid Bearish Momentum
2- Weekly tested Solid support zone
3- Daily Bullish Close
4- 4H Bullish momentum
5- 1H Solid Bullish momentum
Looking for shorts below 4H resistance zone on 4H Bearish close and confirmation of Resistance creation on 1H.
Entry on 30min confirmation
This plan will be discarded if we created support above 4H Resistance zone
BRENT OIL video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for BRENT OIL, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!