Hello and welcome to my Trade Idea of the currency pair USD/JPY. Lets start with the Top Down Analysis. Daily: The daily timeframe is bullish with nearly only green candles (bullish candles). H4: We see the strong uptrend on the h4 timeframe in more detail. M15: On the m15 timeframe we draw the bullish trendline and expect that new highs will be...
Hello and welcome to my Trade Idea of the currency pair GBP/CHF. Lets start with the Top Down Analysis. Monthly: The last months are very bearish. Weekly: On weekly we see a bearish trend too with a pullback to the upside. Daily: We see on the daily timeframe the pullback in more detail. H4: On the the h4 timeframe we draw the counter trendline and wait...
Hello and welcome to my Trade Idea of the currency pair CAD/CHF. Lets start with the Top Down Analysis. Monthly: The monthly timeframe is bearish. Weekly: We see on weekly nice up and down waves. But the overall trend is bearish. Daily: On daily we draw the strong bearish trendline. H4: We draw the counter trendline on the h4 timeframe and wait for a...
Hello and welcome to my Trade Idea of the currency pair EUR/CHF. Lets start with the Top Down Analysis. Monthly: We see on the monthly timeframe that the market is in a very strong downtrend. Weekly: On the weekly timeframe we see the strong bearish trend in more detail with nearly no pullbacks. Daily: The daily timeframe shows 3 bullish days and because of...
Hello and welcome to my Trade Idea of the currency pair CHF/JPY . Lets start with the Top Down Analysis. Monthly: The monthly timeframe is in a downtrend. Weekly: Weekly is bearish too with nice up and down waves. Daily: On the daily timeframe we draw the strong bearish trendline . H4: Here we draw the counter trendline . We wait for a confirmed break...
Hello and welcome to my Trade Idea of the currency pair AUD/NZD. Lets start with the Top Down Analysis. Monthly: The last month is strong bullish but the overall trend is bearish. Weekly: Here we see the pullback to the upside in more detail but the trend is bearish. Daily: On the daily timeframe we see that the market is at a strong resistance area, we...
Hello and welcome to my Trade Idea of the currency pair EUR/USD. Lets start with the Top Down Analysis. Monthly: The monthly timeframe is in a strong downtrend with nearly no pullbacks. Weekly: The weekly candle from the penultimate week is very huge and closes under all lows. Daily: We see on the daily timeframe a bearish trend with a pullback to the...
Hello and welcome to my Trade Idea of the currency pair AUD/NZD. Lets start with the Top Down Analysis. Daily: The last daily candle from this week has already broken 2 lows and this is an initial confirmation of an bearish trend. H4: The last h4 candles are bearish and that is crucial for an m15 push to the downside. H1: On the h1 timeframe we see a...
Hello and welcome to my Trade Idea of the currency pair AUD/CHF. Lets start with the Top Down Analysis. Monthly: The monthly timeframe is in a strong downtrend. Weekly: The weekly timeframe is bearish too with little pullbacks. Daily: On the daily timeframe we draw the trendline and wait for a confirmed bounce before we expect that a push to the lows will...
Hello and welcome to my Trade Idea of the currency pair XRP/USD. Let's start with the reasons why the chart is bearish for me: Technical analysis: The price has broken out of the first pennant pattern and now he is in a second pennant pattern. We wait for a confirmed breakout from the pennant. Timeframe: 1h Direction: Short...
Hello and welcome to my Trade Idea of the currency pair LTC/USD. Let's start with the reasons why the chart is bearish for me: Technical analysis: The trend is in a downtrend and now we see a upside pullback. We can draw a counter trendline due to the pullback and wait for a confirmed breakout. Timeframe: 30m Direction: Short...
Hello and welcome to my Trade Idea of the currency pair NZD/JPY. Lets start with the Top Down Analysis. Monthly: On monthly we see the trend is bearish. Especially the last monthly candle is very bearish. Weekly: The weekly timeframe is bearish too. Daily: On the daily timeframe we see a little pullback to the upside. H1: On h1 we see a Up Channel with...
Hello and welcome to my Trade Idea of the currency pair XRP/USD. Let's start with the reasons why the chart is bearish for me: Technical analysis: A bearish pennant pattern has formed on the 4h timeframe. The price closed under the 4h key level. Timeframe: 4h Direction: Short Have a nice day.
Hello and welcome to my Trade Idea of the currency pair LTC/USD. Let's start with the reasons why the chart is bearish for me: Technical analysis: A very strong 1h support was formed and we wait for a break from this level. We see a powerful bearish trendline. Timeframe: 1h Direction: Short Have a nice day.
Hello and welcome to my Trade Idea of the currency pair BTC/USD. Let's start with the reasons why the chart is bullish for me: Technical analysis: A bullish pennant pattern has formed on the m15 timeframe. The price has closed above the h4 key level. The price also reacts perfectly to the lower pennant...
Hello and welcome to my Trade Idea of the currency pair EUR/USD. Lets start with the Top Down Analysis. Monthly: The monthly timeframe is very bearish. Weekly: The last weekly candle breaks all lows and is very huge bearish. Daily: The daily timeframe is in a downtrend too. H4: On the h4 timeframe we draw the powerful trendline. We wait for a confirmed...
Hello and welcome to my Trade Idea of the currency pair XRP/USD. Let's start with the reasons why the chart is bearish for me: Technical analysis: Very nice bearish triangle was formed. Before i think the price drops under the lows the price must break the support. Timeframe: 4h Direction: Short Have a nice day.
Hello and welcome to my Trade Idea of the currency pair LTC/USD. Let's start with the reasons why the chart is bearish for me: Technical analysis: Fantastic reaction to the counter trendline and that until the resistance key level was touched. After that the price breaks the counter trendline and now we expect a push to the...