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Flagformation

EURJPY Following Correction, it Will Go DOWN!Welcome back! Let me know your thoughts in the comments! **EURJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
1
EUR/USD for long We have some obvious bullish signs here. First of all, if we look at the daily chart, we can see that we have a bullish flag pattern that suggests a move to the upside. So, to trade with a high probability of success, it is better to wait for a breakout on a daily basis (to avoid false intraday signals). That's what we got. Now the question is where to enter the position, if you haven't already. Well, I would look for any nearest retracement. Last week brought some fundamental changes as the Fed is more likely to slow rate hikes to delay the INEVITABLE RECESSION (which is technically already here). But OK. This can be some relief in eur (although the situation in the EU is even worse, but here we are LOL). Of course, if you entered a long position, don't be greedy and use some achievable targets, such as the AB CD 1.0 target from the daily chart. Keep in mind that anything can happen, and we could see bears enter the market at any moment, but that's why we use stop losses.
Long
by merjemascerija
Consolidated Support & Resistance 1 WTF//TTK Prestige*It is a consolidated Support and Resistance as you all can see! *Also marked the previous move of the Trend by forming the almost Identical Flag-Pattern. *Broke both the 20 & 50 EMA's with a good bullish momentum, that made our stop-loss clear! *i.e., the ideal S-L would be around the previous week Green Candle. *Let the trend take a little retrace, then take the position after your own Analysis and Due Diligence *The trend is bullish as of now but the momentum purely depends upon the next week's opening and close.
NSE:TTKPRESTIGLong
by AxionAjay
CADCHF - Landing at support +100 pipsWelcome back! Let me know your thoughts in the comments! **CADCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
4
GBPNZD I Trade Plan for THIS WEEK! Welcome back! Here's an analysis of this pair! **GBPNZD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
2
GBPNZD I Approaching Resistance Zone Welcome back! Here's an analysis of this pair! **GBPNZD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
1
Easy Trading Setup For Gold – Bear Flag In The 4-Hour Hi Traders, Looking at GOLD today which has been falling. We have the DXY breaking out of an eight-year range, which has investors concerned and this has resulted in the commodities market falling. We have a bear flag on gold in the 4-hour time frame. I will be waiting for an impulsive break of the bottom-most support area of this flag. I need to see strong volume accompany this break. Once I see this, I will wait for a small retrace back into the support zone before entering my short position. My target will be previous weekly support. I’m looking at a possible risk to reward of 1 / 4 with this setup ( Assuming all my criteria are met for my entry ) Let's keep an eye out for this pattern. Hope you all have a great Thursday. The Vortex Trader
OANDA:XAUUSDShort
by TheVortexTrader
BANKNIFTYHello and welcome to this analysis on Bank Nifty The steep gap down on Monday breached a very crucial support zone of 33800-34000. Post the gap down we saw attempts of recovery which appear more sideways with a very minor higher low higher high bias. The structure appears to be making a Bearish Flag with the prior decline as the Pole. We can see a squeeze formation so far in it in lower time frame. It is indicating one more attempt for 33800-34000 before it resumes downward move towards 32500 and lower.
NSE:BANKNIFTY1!Short
by Dinesh_C_Nagpal
EURCHF I It will go up + 40 pipsWelcome back! Here's an analysis of this pair! **EURCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
4
EURUSD I It is heading uphill Welcome back! Here's an analysis of this pair! **EURUSD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
2
NZDCAD Outlook for Next Week!Welcome back! Here's an analysis of this pair! **NZDCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
by BKTradingAcademy
2
NQ Power Range Report with FIB Ext - 6/3/2022 SessionCME_MINI:NQM2022 - PR High: 12945.00 - PR Low: 12893.00 - NZ Spread: 116.50 Evening Stats (As of 12:30 AM) - Weekend Gap: = -0.10% (filled) - Session Open ATR: 427.46 - Volume: 26k - Open Int: 260k - Trend Grade: Bear - From ATH: -23.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14105 - Mid: 12960 - Short: 11480 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQM2022
by mv3trader5
BTC Hitting Resistance At this moment, we can see BTC has been hitting resistance with the 0.5 fibonacci retracement line, as well slightly sitting on top of the trend line using as support. There's no confirmation yet that it would rally, we would have to see a clean break through above the 0.5 fibonacci retracement. Also a point to make, BTC is forming a bearish flag pattern from an uptrend channel, possible it could do a reversal back down but we will have to wait and see.
INDEX:BTCUSD
by Gg23gg53
GBPNZD I It will move downward + 200 Pips Welcome back! Here's an analysis of this pair! **GBPNZD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
2