SuperMonkey0
Gold Long Setup Continuation trade: 👉🏻 Major bullish giveaway is on the weekly chart where a very strong bullish pinbar followed by a bullish candle. I believe many retail traders may short gold when the market opens as it is now at a so called 'resistance'. Price is expected to take out all the sellers by pushing higher.
GBPUSD Short Setup 👉🏻 Price has broken out of this long term uptrend and has also retested. I am expecting more downward movements in the coming weeks after a proper pullback to the mentioned zone.
EURUSD Long Setup Continuation trade: 👉🏻 Price successfully broke the descending trendline. This could indicate a possible Wave-1, a pullback needs to be formed for a Wave-2 and for further long positions.
BTCUSD Bitcoin Long Setup My only strategy on Bitcoin is to trade the breakouts. I mentioned this since the Year 2020 when the coin was most trending. I called $65,000 back in February 2021 when it was only at $47,000. Now $65,000 is inevitable, that is why I will be extending my 1st target to $72,500. Next long term target is $100,000
AUDJPY Long Setup Continuation trade: Final target: 91.0000 Bullish kangaroo tail found on H4 timeframe, SL may be placed beneath the tail. This price also marks the retracement of 61.8% a possible Wave-2. We're entering a possible Wave-3, which is the strongest impulsive wave, according to Elliot Wave Theory
GBPUSD Long Setup Continuation trade: 👉🏻 Overall bullish bias on GBPUSD. Recent price movement clearly provides us with a corrective scenario, either a ABC corrective or a more complex WXYXZ which is yet to be completed. If price were to form the final corrective wave of Wave-Z , we could see price to reach 1.35500 area, or even 1.35000. Previous significant...
EURUSD Long Setup Continuation trade: 👉🏻 Not much movement last week, despite NFP. Price is still respecting its downside pressure, assisting with a descending trendline. I would be very much interested for price to enter this daily order block at around 1.65000 region before entering into a long position.
GOLD Long Setup Continuation trade: 👉🏻 Price attempted to break 1700 level or even stay below it twice. We could very much assume that buyers are very much in control now. Some minor pullback will induce me into buying this precious metal. A significant break below 1670 will only then change my bias completely. We are also entering our 2nd quarter of the year,...
EURCHF Long Setup Continuation trade: 👉🏻 Since I see EURCHF being the same correlation as EURUSD as stated here. Recent price action has formed a triangle pattern. Laymen's term would be a continuation pattern or also a ELliot Wave-4 of a corrective wave. 1.12000, a psychological number as a target could be favourable.
CHFJPY Short Setup Continuation trade: 👉🏻 BEAR BEAR BEAR. All signs are leading to the downside. My only exit is when price breaks above that major zone in purple. Now all is a retracement pointing to further crash.
USDCHF Long Setup Trade Idea: Continuation trade: 👉🏻 Personal target will be the zone above to complete both minor and major impulse waves. If the theory is true, we are currently forming the fifth and last wave, level of interest is at price 0.93433 with a tight SL as per Elliot Wave Theory Wave-4.
GBPCAD Long Setup 💪🏼 Price broke out of a corrective phase and descending channel. This breakout indicates a possible Wave-1 and a possible retest to occur for a Wave-2. Signs of rejections off the zones will provide for long opportunities. Higher timeframes shows price is trading above the Daily and Weekly 200EMA with a Daily bullish engulfing. Weekly timeframe...
EURUSD Long Setup Continuation trade: 💪🏼 Will be expecting slightly more downside movement on this major pairing. Not convinced by the daily candle to go long from CMP. YES I am still on an overall long bias on EURUSD. Long opportunities await 🤫
GOLD Long Setup Continuation trade: 🤫 A boring W4 for the precious metal, down 2% and pretty much side ways movement only. 1705 will be monitored closely to go long on gold. Long entry may be placed after a significant pullback on the price.
AUDJPY Long Setup 👍🏼 We're in the middle of the formation of the 3rd and strongest impulse wave. 91.000 is the minimum target. Wave-3 will consists of countless continuation pattern for traders to go long and ride the wave.
XRPUSD Long Setup Ripple has made a breakout of this consolidating triangle. Price has retested and 2 targets in place of the previous highs
AUDUSD Short Setup Classic head and shoulder pattern A short entry at the trendline or zone after a pullback is more favourable. After a year's long of impulse movement upwards (Mar'20 - Mar'21). Now it seems like price is finally making a significant correction down. hence the said pattern is forming
EURAUD Long Setup This pair has a potential to rise another 90-100 pips to complete the first wave of the Elliot Wave Theory, before dropping a 200 pips to form the major Wave-2. After that is another potential rise to 1.59000-1.60000 area (~+500 pips) or higher for a 3rd impulsive wave