Potential Sell Position on CHF/JPY - 107.533 Potential target Area
Hello, my analysis is above. Feel free to comment or message me on what you think price will do.
Simple Zone to Zone trading. Price broke 1hr/4hr Demand to the left and shortly after, pulled back to retest that zone, Creating a small 15min bearish engulfing off the (DistalLine) of the zone. THEN a 1hr bearish engulfing.... Yeh, ill take my chances with this short position. Stops above the distal line of the zone. Now we can watch price potentially trade...
Hello traders, my analysis is above. Feel free to comment or message me on what you think this pair will do!
We are looking at CHFJPY for a buy. BIAS: LONG Reason: On the daily we are seeing that price is rejecting to fall lower with long doji candles and long wicks to the downside. This tells me that price is having issues making lows. The most recent candle is a bullish candle that engulfs a few of the previous candles. This tells us that there seems to be volume in...
GBPNZD Long/Buy Idea waiting for a momentum candle close above 1.961 to buy this one Reason: 1- Regular Bullish Divergence on MACD (in red) 2- Channel Pattern (in blue) 3- Demand Zone Rejection (in light blue) Three confluences are enough to consider Buying GBPNZD, after a break above 1.961 (in gray)
EURCAD Long/Buy Idea waiting for a momentum candle close above 1.4525 to buy this one Reason: 1- Regular Bullish Divergence on MACD (in red) 2- Channel Pattern (in blue) 3- Demand Zone Rejection (in light blue) Three confluences are enough to consider Buying EURCAD, after a break above 1.4525 (in gray)
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Shorted this on the 4h. Possibly could've waited until 8h close to see about entry. Let's see how it goes.
GJ broke and retested the zone & is below the EMAs, so it may now continue going downwards
GBP/JPY has gone way too far and I think its time now for a reversal trend. This pair has formed a nice double bottom on 127.000 crucial zone with a really nice pin bar on daily signaling a strong reversal. My order will be triggered once we break through this minor zone highlighted and that will be the signal of a take off. #tradesafe
TLT been on a tear to the downside with how bullish SPY has been. I like this one to the upside if SPY settles and drops back to EMAs. TLT also about to touch the 89d EMA which has always been a great buy area.
AMD looks like it may be a good consolidation play. I may look to enter short once it reaches the red supply zone I drew. If it does not reach the supply zone and end up breaking out below, I will wait for a pull back up to the consolidation support-turned-resistance line, and short it from there. For me, this would be a straight technical play because I do not...
have u hear about copy and paste strategy lets see if it works :DDD
Saw this double bottom form on the daily at a big demand zone and waited for the structure to break. The I went long - pretty simple. Now let's see if it works! What I haven't mentioned in earlier trades is that I typically cut my losers quick if they start going against me. Let's see what I do with this one.