TradingfortheFuture_

TradingfortheFuture_

Market in uptrend on daily and 1 hour time frame Monthly resistance did not hold waiting on pullback to support zones marked on chart once market reaches support I will wait for wick rejection before entering bullish Retail sentiment is bullish on USD, as we know most retail traders lose money this is therefore bearish for USD Fundamentals still in favour of...

TradingfortheFuture_

Market in up channel hit resistance, expected to move to support daily fib target at 2053 Trade idea: market broke horizontal support on 1Hour timeframe, wait on retest after wick rejection enter bullish second bullish entry , wait for market to pullback on trendline support wait for structure after rejection enter bullish stop loss below structure take profit 3x risk

TradingfortheFuture_

blue trendlines on chart are counter trend breaks when market breaks counter trendline market moves bearish We are at trendline resistance area market beginning to break counter trend bearish Retail traders are heavily bullish on USD dollar this is a sign on dollar weakness as large institution are shifting away from the dollar Fundamentals still in favour on...

TradingfortheFuture_

Fundamentals in favour of USD with the exception of dollar crash Retail sentiment currently bullish (most retail traders lose money) since sentiment is bullish this will likely lead USDJPY to continue bearish Trade idea: scenario 1 wait for market to break counter trend bearish, after break wait for retest of resistance and wick rejection then enter...

TradingfortheFuture_

Market rally after break and retest of previous resistance becoming support nice engulfing candlestick at zone did not enter on initial wick rejection as price has not moved away from resistance zone waiting on market to retrace to support alert set at 132 yen once price pullback, and starts rejecting zone (south wick) I will enter bullish stop loss below...

04:55

TradingfortheFuture_

at this point there is no way of telling whether Gold will continue to rally or decline but daily fib target remains at 2052.91 I am expecting gold to have a rally towards fib target I need to see bullish structure and buyers take control as confirmation market at key area 50% Fib retracement entered into buy zone wait for further confirmation before trading

06:58

TradingfortheFuture_

Trade idea: wait for market to break support, wait on re-test after wick rejection at zone of resistance enter bearish SL above structure TP 3x risk else, Wait for market to retract to resistance after wick rejection wait for break of support level and on retest wait for wick rejection this will give enough confluence to enter short SL above structure TP 3x...

02:33

TradingfortheFuture_

market at daily low market rejected support area market formed head and shoulders pattern wait for break above trendline, after retest and wick rejection enter bullish

03:13

TradingfortheFuture_

60% Fib retracement market rejected daily resistance market in sell zone waiting for pullback to 1Hr resistance before entry

08:25

TradingfortheFuture_

Market has been in a very powerful uptrend since 2021 with recent bearish pullback Market at daily low and 1 Hour support Wait for market to break out above current 1 hour bearish structure Wait for retest of support zones, after wick rejection enter bullish

TradingfortheFuture_

Looks like Wyckoff formation to me on #USDJPY Waiting for sign of strength on USD bullish break out. Daily Fib target still remains at price 153.829 As long as Feds are hawkish we can still reach daily Fib target.

TradingfortheFuture_ Updated 

Update: Silver retraced 78.6% of Fibonacci level leading to our target at 20.66 Still considered to be in bearish market as we have not yet broken above daily counter trend break (can anticipate a deeper retracement). Early bullish entries therefore needs to be taken with smaller risk on lower timeframe. Market has respected daily trendline support, and moving...

TradingfortheFuture_

#USDJPY Short term retracement coming to an end. Market could potentially be ready to complete next wave. Fib target remains at 153.829 Market in sell zone, waiting to break above counter trendline as resistance to enter into buy zone. Strategy is to buy breaks and retest to fib target whilst the Feds are still hawkish. CPI numbers to be released later today as an...

TradingfortheFuture_ Updated 

GBPUSD: According to monthly timeframe, market is oversold. Market has been at its lowest dated back to 85'. September candle closed with wick rejection bullish (doji candle). market has potential retest of monthly support becoming resistance. Due to the above I therefore believe the market may need a correction before a potential run bearish again. Daily...

TradingfortheFuture_

Bottom blue levels indicate monthly support. Market reached support, also fulfilled Daily Fibonacci "D" extension. Anticipating market movement towards monthly resistance (after Fibonnaci extension hit market begins new retracement phase). Monthly = Direction Daily = High or Low price 1Hour = entry According to daily timeframe we are at a low price, still forming...

TradingfortheFuture_ Updated 

USDJPY has been in a major uptrend since the start of Covid 19 pandemic. With Feds raising interest rates to 3.25% the market fluctuation stopped me out at break even before continuing its bullish push breaking above the major 1 hour resistance level. Waiting for retest of this level with wick rejection and counter trend break bullish for entry. Retail sentiment...

TradingfortheFuture_

Silver: Market at low price on Monthly timeframe and known area of U-turn. Market retesting daily trendline support (RSI divergence) Market starting process of reversing bullish. Retail sentiment bullish (most retail traders lose money) Market completed first sequence of Fibonacci swing, currently in second fibonacci swing bullish. Market currently at 1 Hour high...

TradingfortheFuture_ Updated 

S&P 500: Market in an uptrend. Broke resistance and tested as support. Market making U-turns on uptrend line. Now sitting at horizontal support and trendline support. Market retraced 50% Fib level. Market completed sub abcd swing / Gartley pattern. Doji candle at this level on 01 Sep 2022. Potential fib target 4448.82 trading counter trend breaks bullish...