based on market structure, GJ has become bearish, giving potential to the downside, based on technicals and smart money concepts. Two entries have been given. Second entry has a higher stop, giving space to the trade.
Based on a higher time frame, EURGBP is starting to show signs of bearish trend.
Wyckoff forming distribution which has not formed a UTAD yet. Therefore, based on a 1 min entry, trade is available for a hedge.
Based on 4hr and daily chart, support has been given, where price is held up and has failed to break previous lows (wicks).Accumulation has been identified in all previous lows and the entry given is where price can recover and push up further. From an economic perspective, a lot of instability in Europe has been produced due to coronavirus. Japan has gone through...
Based on market crash a few weeks ago, USD from a personal perspective is looking bullish as it is trying to pick up with Trump pumping 2 trillion USD to prevent a market collapse. Eurusd looking bullish.
Look for entries in the blue zone.
As japan is facing a recession, price of cadjpy has been decreasing for quite some time. Based on a 61% FIB and an oversold market, im looking to buy Cadjpy at the price given.
Feel free to drop opinions and loom for entries at 75.
Based on wyckoff accumulation presented in price and new features launched by Netflix, it sees a good opportunity to invest in netlifx stocks. Also based on global conditions, including lockdowns, at the moment netlix has increased their stocks by 17%. Look for price action as given in the analysis and enter at own risk.
Let's see what happens in the next few weeks.
Gbpusd on a strong support level, where it is showing an oversold market at the moment. Using Rsi strategy, price hitting 20 band, allowing us to enter the buy.
Analysis based purely on support, resistance and RSI.
Analysing the weekly chart on Eurchf, it has been in a bearish trend since April 2018. With uncertainty regarding brexit, euro has been declining for a long amount of period, where we can see that it has reached a peak, an oversold market. In the next few weeks, Euro is expected to gain strength through monetary policies and manufacturing Pmi.
Another POV, on the...
clear chart pattern: Head & shoulder formed on the 1hr time frame, rejecting the wick of the previous shoulder and allowing us to enter the sell. GBP has been volatile these couple of weeks, creating uncertainties. Clear trade, avoid over-leveraging.
Euraud created a H/S on the 1hr time frame and decided to push up a little before the sell. double top created on the 4hr chart, giving us confirmation for the sell. Look for entried immediately or wait for the pullback and enter.
Tp2 is advised, it might drop to tp1 and shoot up.
Daily time frame giving us confirmation by using a wyckoff strategy, price currently is at the accumulation stage where it could possibly come down to the zone 1.83496, retest and make the full movement for the buy.
Look for entries in the zone given.
1.83946 is a strong support zone since 18 oct 2018, where the price has respected that area and could possibly go long.
After a big drop on CADCHF, there is a possible formation of a head&shoulder chart pattern, which allows to look for entries in the blue zone as marked. You can wait for the movement to complete and enter this trade manually, You can enter this trade on the neckline and place your stop loss on the previous shoulder or you can Place a sell limit in the area marked...
As shown, in the yellow area we can observe price resistance, where the market failed to break through each wick and currently has started to drop. On the daily chart, we can observe a change of trend - proceeding downtrend and as the market retraces, we look for sells.
Change of trend - 3 wicks that show resistance - pullback on the daily chart.
A blue line has...