Structure-trade
CHFJPY: Possible confluence for shortSome possible confluence suggest CHFJPY could possibly short around the 168 area. A potential Gartley pattern on the daily/4 hour chart. Equal measured move/ABCD daily/ 4 hr. Even handle number at 168 even. Testing previous highs. Overbought RSI daily, so possible divergence. Could be a nice area to look at for a shorting opportunity.
EURAUDEURAUD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 1.6500 followed by 1.600 region.
What you guys think of this idea?
GBPNZDIs GBPNZD exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 2.02 level
What you guys think of it?
XAGUSDXAGUSD is repeating the same pattern.
In late September silver created the same pattern , formed strong support level and once loss that support , there were some red days for silver bulls.
Now silver again forming support zone in same area of value, if it again loss this level, then are we expecting red days for silver again ?
USOILUSOIL is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level.
If the sell momentum continues the next target could be 80 followed by 79 region.
What you guys think of this idea?
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GBPJPY - Bullish Structure Trading A nice and simple bullish structure opportunity here on the GBPJPY as price comes back to retest a recent level of structure support.
If you have any questions or comments about the idea, or if you just want to share your own views, please leave it in the comment section below.
Akil
Contrasting Trends, Caution AdvisedIt is crucial to have a good grasp of how to interpret the market before making any trades.
Although the current pound dollar movement leans towards bearish, the weekly chart indicates a positive trend.
To capitalize on this, trend traders should sell, while counter-trend traders can take advantage of a shorting opportunity at 1.2317.
The buy zone lies between 1.2313 to 1.2689, with a weaker bullish movement on the weekly chart.
Remember to always conduct your own analysis and avoid blindly following others. If you're interested in learning more, feel free to chat with me.
EURAUDEURAUD is trading in descending channel and printing consistent LLs LHs. Currently the price is broken the important support zone then any retest of broken level will be another sell option.
If the sell momentum continues the next target could be 1.6550 region.
What you guys think of this idea
GMXUSDTGMXUSDT is trading in bearish channel and smoothly following technical pattern of break and retest of structure. currently the instrument is retesting the broken support level and seems like it is getting ready for another sell off.
ETHUSDT Trading Plan---X--- : Potential reversal
square : demand and supply
The analysis is based on ORDERFLOW.
The trend structure in H4 is bull , so we are going to entry long positions before becoming bear .
We could identify some demand and supply zones by orderblock regarded as a large-scale buy or sell zone .
It was mentioned above , the trend is a going up , therefore we will hardly entry short positions , ALWAYS FOLLOW THE TREND .
There are 2 opportunities to trade
Long : 1675.74
SL : 1653.23
TP : 1886.46
RR=9.36
Long : 1632.18
SL : 1610.31
TP : 1886.46
RR=11.63
if price goes to the yellow line before reach our limit orders, the trades should be cancelled .
XAUUSD: Gold Correction Is due OANDA:XAUUSD
Hi , Trader's ..As u can see after collapse of silicon valley bank , Gold shotup heavily
Now Market needs a correction down to 1860 area , 50% correction is due now
Gold is heavily overbought in All TF now , Market seems to be unstable
There is big Gap opening which need's to be filled
1900-1909 area will be reversal area for gold
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GBPUSD TRADE PLAN UPDATEhello all
After a price pullback and breakout of H4 resistance following a breakout at level 1.195966, my plan was to short this trade because gravity tends to help traders earn minor profits most of the time.
If the price can remain below the resistance level, I think there is further room to fall.
good luck & cheers
My trading strategy is not intended to be a signal service. It's a process of learning about market structure and sharpening my trading skills.
Like, subscribe, and happy trading to everyone!
CHFJPY I It will fall from resistance Welcome back! Let me know your thoughts in the comments!
**CHFJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDUSD I Wait for break and retest! Welcome back! Let me know your thoughts in the comments!
**AUDUSD Analysis - 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!