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Zonetrading

UsdCad long quick and nice 15 pips4h morning star 1h morning star early london momentum still moving up higher time frames always win so need to trust we have triangle formation waiting for break with our long bias from higher tf we get a last kiss on 15m with lots of nice rejection dojis one more push and rejection of down trend line and then a break with the 5m tf also 30m ftr which was a larger picture of the last kiss 1-2 RR depending on entry and profit target keep your charts clean and simple once you took trade up to resistance / supply zone could have shorted for 15 pips and once again it seems on 15m hanging man doji good trade overall, happy trading and trust the 4h signal
Long
by beank1
Short AUDCAD - Rejection Of 1 Hour Resistance ZoneShort FX:AUDCAD based on rejection of 1 hour resistance zone and what looks like a possible pull back off the hour hour market structure. Details: Short Entry @ 0.95119 Stop @ 0.95269 (15 Pips) Also have a 15 Pip Trailing Stop Set. Initial Take Profit @ 0.94808 Lot Size: 10k Opening Account Value $165.00 4 Hour 1 Hour 30 Min Just a newbie trader whos blown one too many accounts trying to find his way in the markets. Would love to get feedback on my idea and analysis.
Short
by BE.FX
Zone Hopping (ETH)Hi Team! Welcome to today's update on Ethereum. We've seen some signficant bearish price action in the last few days once we broke the wedge that was forming above the half quarter level of 150. Price dropped to the key support area at 116-120 and although it was respected... We are now seeing similar price action forming at the 125 quarter level. If we compare an equally measured move from what happened last time to what we might expect to see, the possibility of ETH revisiting 100 again is becoming greater with every day that passes. It's also important to note that the anticipated Constantinople update has been delayed due to a massive potential security flaw. I won't discount the possibility of a short lived bullish liquidity capture up towards our 38.2% fibonacci near the $140 price due to the nature of these volatile markets however my bias as of now remains with further bearish expectations for this particular asset. This analysis is not meant to constitute as financial advice, please use risk management and trade/invest at your own risk! Stay safe in these volatile markets friends, Z ~
BITFINEX:ETHUSD
by ZacharyHogan
GBPJPY testing support zone chart analysis: Price of the GBPJPY is currently in a downward trend movement. I expect this will change in the longer term period. 3 different zones have been drawn: - The green zone (Target zone) is the price forecast for our profit. - The orange zone (S/R zone) was a zone that had not yet been breached. The price has passed the zone at the moment, but I expect it to be important in the future. - The red zone (Support zone) is an important part of the analysis. This zone has been respected several times in the months: September 2016 February 2017 April 2017 June 2017 That's why there is an expectation that this can be an important turning point for the downward trend. Trend lines are distinguished by numbering: - Trendline 1 (black) is the ''base line'' of the current trend.The downward trend is clearly recognizable with LH and LL (Lower heights and lower lows) since December 2017. - T rend line 2 (blue) is the ''active line''. Price has passed the line once and then always respected. - Trend line 3 (black) is the ''breakout'' line. If this trend line is passed, this may mean the beginning of a new trend. Expectations: I expect that after the outbreak of the S/R zone, the price will undergo a retest. If price drops after the retest, I expect it to fall to the support zone (red). This zone will also be tested and subjected to a retest. If the bulls take action and break trend line 3, then there will be a trendreversal. After that the price will strike through to the S/R zone and Target zone.
Long
by JvdB99
Weekly Outlook 31st December - 4th Jan - USD/JPY Having a look a the bigger picture on the 4hr and daily I have closed the Long Trade I had. Looking at the Daily there potentially is a further drop of around 50 pips before we could see price rally up. When price last tested the 109.800 level price had a larger 475 pip move to the upside. This zone was rejected instantly the first time it was tested and due to this it does offer the best area to get long. I have highlighted the 112.200 level as a first target as this is where price could see some resistance. On the 4hr you will see that there was some sideways movement before the drop from this area. I will set an order 5 pips before the the zone and stops will be 5 pips after.
by Wonour
USDJPY long-term trading the USDJPY has made an upward movement in the longer term. This trend started on 26 May 2018 and the price has risen rapidly thereafter. The trend line (blue) was respected several times during this uptrend. Personally, I think that this uptrend will stop in the long term and make way for a downtrend. The price does not make new higher heights anymore and this has created a triangle pattern. The price is also close to a respected zone. This zone has been reached several times, but has never been broken. This has not been possible since 9 May 2017. Because the triangle is at a height and close to the '' short zone '', I think the price will go the other way soon. When the triangle is broken or the '' short zone '' is touched, we can take a short position. I currently expect some upcoming movement within the triangle. When it is broken, I expect the newdowntrend to start. I have chosen the TP (Target Profit) of 111,870. This is the first respected zone where a turnaround often occurs.
Short
by JvdB99
1
Double Top UJ | R/R 4.15 | MASSIVE 40 pip profitsOn significant resistance level - FX:USDJPY 40 pips in 4.5 hours Doji and a following Bearish hanging man - could have entered here, little riskier but better RR Also could have entered after the Bearish engulfing / completion of evening star after market has shown you were momentum is going at either entry point, very little draw down . much easier to trade with less draw down :) M double top (easier to see with the zigzag) NY DROP for 40 pips Risk Reward very nice taking it down to the next major zone No fancy indicators, just price action and market structure
by beank1
EURUSD Setups 08/12 - 08/17 OutlookEURUSD is in a fairly obvious downtrend which is why to start off the week I am looking to see a slight movement up towards the 1.145 - 1.147 area at which point I will be identifying if a sell scenario is confirmed to go short for the week down towards 1.13. There is a large amount of market structure at the 1.135 area so we could just see a continuation of the bearish momentum that is building and find ourselves going lower prior to any bullish scenarios setting up! Possible macro Head and Shoulders setting up which could result in EURUSD heading down to parity (1.00) over the remainder of trumps presidential term I am not (yet) a licensed financial adviser and this analysis does not constitute as financial advice. This is for educational purposes and you accept sole responsibility of any and all trades you take... investing with real money involves risk!
by ZacharyHogan
Looking for some Bullish Momentum on GBPAUDMarket Breakdown & Trade Analysis on GBPAUD In today's trade analysis and breakdown I will be using the letters A-G to represent our multiple confirmations. With the Power of Confluence, Lets Begin. On GBPAUD we've identified our Key Levels represented by the Daily (Red), 4HR (Orange), and 1HR (Green) Horizontal Lines. As we uncover this analysis we will be using our Levels as a reference to potentially look for Targets and Manage our Trades. Letters A & B represent the 2 highest points on our chart where we have drawn a Downward Trend line. At Point C GBPAUD broke the Trend line and finally came down to do a retest at Letter D. Considering the broken trend line and retest I will be looking for Bullish Confirmations. Next to Letter E we have a Bullish Reversal Pattern Known as an Inverted Head & Shoulders, with Letter F being our Neckline and Zone. Keep in mind in the Zone there is a 4Hr level. With the Bullish momentum kicking in and the Inverted Head and Shoulders applying, I will be using the length the Head (Dotted Line next to Letter G) of the Inverted Head and Shoulder to find Targets with our Analysis. Since I'm Looking for the Market to break above our Zone, a Buy Stop Pending Order @1.77 works great. Since I want this Market to Push straight towards our 3 Targets which are listed below, having a minimal Risk Stoploss of 40 Pips at 1.766, falling below our zone and H4 Level should be a great protection. Below I have included details of the analysis. GBPAUD Pending Details: Buy Stop Pending Order Recommendation at 1.77 falling above our Zone Stoploss Risk of 40 Pips at 1.766 falling below our Zone Target 1- 1.776 (60 Pips) Target 2- 1.786 (160 Pips) Target 3- 1.791 (210 Pips)
by ATElevatedFX
EURNZD sell ideawe are looking at the EURNZD short based off it being in a resistance zone. it is also at the daily 2.00 fib extension which indicates a heavy reversal point. and the resistance zone happens to be in the 50 - 618 fib retracement area. we will continue to look for rejection but 4 hour doji is good. if you like this analysis i welcome you to check out daily analysis and signals or forex, stocks, and cryptos from my team. we have 15+ years experience come follow the link. t.me
Short
by JohnnyFBrensinger