NZDUSD still shows bullish momentum and has broken structure upwards on low timeframes. I believe that it has entered a consolidation range between 6288 and 6154 that we might take advantage of. My setup provides a 1:2 R:R bullish re-entry. NOTE: THIS SETUP DOES NOT GUARANTEE PRICE MOVEMENT. USE PROPER RISK MANAGEMENT
From the setup I shared yesterday, Nasdaq obeyed our order block but price hasn't showed any bullish momentum. However, It has broken low time frame structure and created a new order block on 1H that we might use to take our buy chances. The setup holds up to 1:3 risk:reward. NOTE: PLEASE USE PROPER RISK MANAGEMENT AND NEVER RISK MORE THAN 2-4% OF YOUR EQUITY
In this bitcoin forcast price is rejecting from the strong level of support 19500 level which is also area of interest for the buyer and bulls trying to to push price to the upside. In candle price we see rejection in 4h timeframe which shows the buyer interest . I am going long and buy bitcoin for the target of next resistance level which is previous strong...
Sometimes price will not respect your analysis and thats ok. This is not the time to back away from the pair, but to follow the new movement. In this video, I am showing you how I update my analysis quickly and how I tend to set my pending order for a buy.
Hello everyone! Here's my analysis for GU!!
- I am seeing price currently struggling in consolidation between a supply zone the 0.38 FIB on the 4H.
*Next week I'll be looking for price to break out on either side of the market and I will take trades accordingly.
Let me know what you think! #Happy Trading
Miajah
Lead Trader @ Trader's Lounge
Hello everyone!!
Currently short on BTC.
- I took the sell on BTC after the trend line break, EMAs crossover, and retest. Bulls are holding this level for now but we could potentially see a decline to the $31K area to retest the lows.
- This is my first BTC/Crypto trade in a while so I went in with small size to test the waters.
Love to see how this plays...
Hi Forex Traders. I’m analyzing my forex price charts, and I see a few great opportunities on the rise for you. While I may see these as good setups, please be sure you construct your own analysis to decide your entry and exit points.
It's not so simple doing market analysis some times.
What time frame should you use? What indicators should you have on your chart? What drawings should you make?
Every forex "mentor" pushes their 'unique' strategy to profitably trade forex markets, however can you be sure that their strategy is truly profitable?
Before you start trading a strategy live you...
AUD/USD is trending to the downside today prior to the USD 20 year Bond Auction, which reveals the yield on the bond. Technically the pair is below the 50-200 hour moving averages, which are in a bearish cross.
The RSI is also pointing to the downside, and we're targeting the significant 0.71900 level just before the 61.8% fibonacci extension level.
I am currently looking at selling nas100
we will be Selling NASDAQ once it retests my trendline forming a lower high after that low it has printed...
As we know nas100 goes in correlation with Dollar index , the dxy is currently at a very significant area
where it has just retested our up trending Resistance and we are expecting it to drop...
Once the Dollar...
Hi Guys hope yall good
So today we will be looking at US30 for a short position.
this asset is currently retesting our down trending resistance and has tested and rejected our 0.618 feb level, however though we will be reactive not predictive towards this trade, we will be monitoring it and add it to our watch list.
EURGBP is in a bearish structure prior to the German Producer Price Index data which measures the average changes in prices in the German primary markets. Technically the pair has a bearish structure and is currently ranging. We are looking to trade the pair into range support at 0.85110.
The AUD/JPY has been falling for some time now, there has been a massive push to the downside which means the overall trend is bearish. Price trades lower and retraced back up creating liquidity, took liquidity it created, which makes it suitable for a sell opportunity to at least the liquidities below and on it's way to take out that liquidity, fair value gap is...
After a solid uptrend that broke some significant weekly resistance zones and market structure, the EURUSD looks to have found a top and is now in correction mode on the daily.
I'm expecting further short-term weakness to test the previous structure before Euro decides its next move.
You'll notice that the EURUSD is usually inversely correlated with the DXY, so...
As we identified on Monday's FX market scan, Euro weakness persists.
See you on next Mondays call at 5pm AEST.
Cheers and trade safe
Dale
DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate...
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on USDCAD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please...
