Top-down analysis on EURUSD.
Breakout of a key demand zone explained.
Potential scenarios & trading plan.
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CHF/JPY: Bears in control
> Head and Shoulder pattern
> Break of Structure & Change in Sequence to the downside
> Countertrend broken to the downside
> POC above current price levels
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POW EDGE In use on this trade idea.
Trading NZDCHF on the H4 time frame.
This idea is one for the swing traders and shows how EDGE can be used on higher time frames for longer duration trade set ups.
Chart shows one live short trade running which has been live since the 24th of June.
Printed trade label shows all trade details for live trade which is...
Scalping Deepakfert
sell Deepakfert below 606
Target 600,594.
SL 607 (risk is 1 point)
If it falls it will touch the target within few minutes. so go with the momentum.
As on the chart, there is superb trendline support on the 1-hour chart. so, buy Deepakfert if it takes support above 608 for the target of 615, 625, 640,650 (Swing Trading).
For buying, you need...
as always, I'm only trading breakouts, so here is another one!
atom is currently testing the 4h resistance around $ 8.7
if we see a good breakout from the one, with good volume, and a good retest, we can set a long order with $ 9.6 as the target (following 4h resistance) and something around 8 as the stop loss, which is the level of the dynamic trendline atom has...
Reasons to take short:
⭐️ BTC bearish
⭐️ Level is 4 days long
⭐️ Price at historical lows
⭐️ Previously trapped bulls with nice-looking trendline
⭐️ Dense range
⭐️ 8th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to...
Reasons to take short:
⭐️ BTC bearish
⭐️ Level is 20 days long
⭐️ Price close to historical lows
⭐️ Pullbacks are getting smaller
⭐️ Price is squeezing to the level
⭐️ 4th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to...
Reasons to take short:
⭐️ BTC bearish
⭐️ Level is 4 days long
⭐️ Price at historical lows
⭐️ Pullbacks are getting smaller
⭐️ In the end of formation
⭐️ Price is squeezing to local level
⭐️ 5th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the...
$GOOG GOOGLE
This rising wedge could be confused as a bear flag, however, both patterns are similar, bearish and generally followed by downside.
My guess is we fill the gap below the next support before seeing any major reversal on this stock.
Are there any hungry bears out there? GOOGLE this pattern and get ready!
On a fundamentals it is a buy buy buy...
Reasons to take short:
⭐️ BTC bearish
⭐️ Trendline 9 days long
⭐️ Trendline is clean
⭐️ Buyer failed to update high
⭐️ Buying volume is decreasing
⭐️ Price is squeezing to the trendline
⭐️ 5th touch
⭐️ 60 ATR, coin at high
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the...
Positional view:- 32550 has good support. If break 32550 (spot) in downside, it may fall till 31100, 29088. 31100 is next support line which should not break.
Intraday:-Banknifty may open negative near 33580 and move in a range to consolidate.It may fall till 33490. Watch if Bank nifty holds above 33485 then may move up towards 33623 and 33728 but if it breaks...
Analyzing the USDJPY forex currency pair I see multiple ways I can enter this trade. In this video, I am going to explain 3 ways to enter this trade. Please take notes and remember that this analysis is per my eyes. Please enter at your own risk.
If you have questions or comments please leave them below and let's converse.
#EUR_USD: Short Setup lining up
✅ break of weekly low. POC above current price. break of flag formation to the downside. Generell DXY strength. We might enter with a sell limit.
Waiting for buy confirmations at 1.67845 or a deeper pullback into 1.66823 to long EURNZD to new highs at 1.70000.
If you agree drop a like and if you have any questions leave a comment :)
Waiting for a 3rd drive into resistance at 105.841 and if we fail to break will look to short CADJPY back down to the swing low target at 101.652.
If you agree drop a like and if you have any questions leave a comment :)
