EURJPY potential bearish reversalon WEEKLY: price is overall bearish making lower lows and lower highs inside our brown channel, and it is currently sitting around our upper trendline so we will be looking for objective trend-following sell setups on lower timeframes.
keeping in mind that price can still test our upper red resistance in red before going downward.
on H1: price is trading inside our red channel (not valid yet) so we are waiting for a third swing to form around our lower red trendline to consider it objective and enter on its break downward.
we also have divergence on MACD adding more confluence to our sell setup.
Meanwhile, EURJPY would be overall bullish.
Rejection
GBPUSD Fib Rejection | Channel Continuation GBPUSD just had a strong rejection off the outer 0.618 fib level, in correspondence to our current ascending parallel channel. We will be looking to see the price head downwards from here, and potentially retest the bottom trendline of the channel. Furthermore, the inner Fibonacci is also indicating a good area around the 0.618 level to open longs, as well as the strong S/R area highlighted in green, ultimately creating this "zone of confluence" where we wan't to open our positions.
NZDJPY potential bearish reversalon DAILY: price is filling our previous GAP which acts as a strong supply zone so we will be looking for objective sell setups on lower timeframes.
on M30: price is forming a head and shoulders pattern, so we are waiting for the right shoulder to form and then enter after a momentum candle close below our gray neckline.
we also have divergence on MACD adding more confluence to our setup
EURUSD - Wait for retest golden zoneHello everyone!
I will keep it compact as always:
1. Be patient, wait for the candles to reject the fib golden zone
2. At the same time the candle rejects to break above the SMA 8 (I don't show the SMAs to keep it cleaner)
3. The RSI is showing divergence wich means high possibility for bearish action
4. Go to a smaller timeframe and get yourself a sniper entry
5. When in profit trailing stop it!
6. Manage your trade properly!
7. If it's not doing what I'm saying then this setup will not be valid anymore. It needs to show rejections.
'We need to improvise the market! Nothing is 100%'
I hope you like it!
Microsoft potential bearish reversalon DAILY: price is sitting around a strong supply zone in red so we will be looking for objective sell setups on lower timeframes.
Keeping in mind that price can still test our Supply zone again to get more liquidity to be able to push price lower.
on M30: price is trading inside an objective wedge pattern in orange, so we are waiting for an objective breakout below our lower orange trendline last swing standing to sell this one.
meanwhile, Microsoft would be overall bearish, until the sell setup is activated
NZDCAD potential bearish reversalon WEEKLY: price is trading around a strong support/resistance zone in red so we will be looking for objective sell setups on lower timeframes.
Keeping in mind that price can still go up to test our brown trendline to get more liquidity to be able to push downward.
on M30: we are waiting for an objective below our lower orange trendline last swing standing to sell.
or waiting for the right shoulder to form and then enter on the head and shoulders neckline break downward.
TMUS LONG idea. BUT! Against Double TOP!Very strong set-up in the TMUS Stock Market today. Let´s analyze that!
T-Mobile went up with confidence, but then, because of the COVID-19 collapsed. What is interesting, however, TMUS recovered very quickly and is again above the channel, which was respected for a long time. Whether you like it or not, IT´S A LONG SIGN!
INSIDERS are those guys, who stopped the falling market. Why would you buy your own company if you don´t believe that its Stocks will go higher?
Price Action brings nice patterns such as trend-lines, pinbar, rejection, and double top. Why am I thinking about Long trade against the DOUBLE TOP? The answer is simple - there are more signs that confirm Long SETUP. And that is the reality of trading. You will always have something you don't like. The decision is yours.
Good trading,
Jakub
FINEIGHT
AUDNZD top-down analysison DAILY: price is sitting around a strong resistance/supply zone in red and also testing our upper brown trendline, so we will be looking for objective sell setups on lower timeframes.
on H1: price formed an objective trendline in blue so we are waiting for a momentum candle close below its last swing standing to sell this one.
meanwhile, AUDNZD is still overall bullish and can still test our upper red zone to get more liquidity to be able to push down more aggressively.
GBPJPY IDEA.Do your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
DAX potential reversalon DAILY: DAX is filling our previous GAP and it is now approaching a strong resistance in red so we will be looking for objective sell setups on lower timeframes.
on H1: price is forming a new channel in red (not valid yet) so we are waiting for a new swing to form around it to consider it our last swing standing and then enter on its break downward.
USDJPY - Possible golden zone rejection Hello everyone!
I will keep it compact as always:
1. Broken trendline
2. Wait for chart to reject the golden zone
3. Go to a smaller timframe and look for a trendline or/and resistance
4. Find a good entrypoint with a thight stop loss
5. WHEN IN PROFIT TRAILING STOP IT!
I hope you like it!
GBPCAD waiting for the breakout to buyAs per our top-down analysis video two days ago, we will be looking for objective buy setups on lower timeframes since price is sitting around a strong support zone from Daily.
we are waiting for momentum candle close above the upper red zone to buy.
Reasons:
1- Support in Orange
2- Objective Trendline in blue
3- Divergence on MACD
GBPCHF top-down analysison DAILY: GBPCHF is sitting around a strong support zone in red so we will be looking for objective buy setups on lower timeframes.
Unless price breaks aggressively below our red zone, then a bearish movement till the all-time-low would be expected.
on H1: price formed an objective trendline in blue, and we have an inverse head and shoulders forming. we are waiting for the right shoulder to form and then buy after a candle close above our neckline.
or we are waiting for an objective break above our blue trendline to buy.
we also have divergence on MACD adding more confluence to our buy setup.
meanwhile, this pair is overall bearish.
GBPJPY short tradeGood morning, GBPJPY rejected 132.00 , so now we are looking for short opportunities. i´m waiting for a clear confirmation pattern, I would like to see a retest of 132.00 before opening short, all the way down to 130.00/129.00/128.00; closing 1/3 lot size on each TP
This is my first published analysis, so thank you for spending you time on me
“Instead of wondering when your next vacation is, maybe you should set up a life you don't need to escape from.” Seth Godin
GBPCHF price is stalling out on the 200 EMA will it drop? This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!






















