Here's my view cad jpyThe chart is just too self explanatory, this analysis was carried out on 30mins TF
Tp is visible and SL is as well visible
You can take the trade
Good luck
Pipsincoming
US30 seeking new highs forget lows!I’m predicting US30 will continue climbing into unknown territory for this group of achievers.
Since I’m a newbie in indices tradering I find scalping on a five minut chart to be most beneficial and after this restest daily candle for MONDAY I expect price to continue the uptrend into 30,300 and higher.
Get your computers ready, the mist poltical confusions means more economic gains for retail traders..
we not here for a long time just a short time.
Grab your pips and leave!
Play both sides and stick to your trading plans.
Times are uncertain but we must take control of our income and NOW IS THE TIME TO TELL THE POLITICIANS WE THE PEOPLE STILL ARE THE LEADERS NOT THE SERVANTS!
EurGBP : 300 pips + to the upside soonEurgbp has been on a downtrend for weeks finally price is at a major support zone, a bounce to the upside should be expected !
EUR/JPY Long position till 124.00 LV-Symmetrical Triangle on 4H waiting for breakout
Height of the Symmetrical triangle fits with 124.00 LV
-Several Dojis on Daily TF rejecting 122.6 LV
-Previous Week Hammer Pattern closure
-RSI oversold condition on Daily TF
xauusdThe near term support is around $1280 and any violation below will drag the it till $1271/$1265.
It is good to buy on dips around $1292-93 and SL around $1286 for the TP of $1312.
EurJpy Shorts BreakoutTrend is down since beginning of week
Beautiful market structure, drop base drop, over and over
clear break bears in control after high tf strong bear close outside zone ready for another push with NY/London cross volume
WARNING: XAUUSD JUMPING INTO A SUPPLY ZONE From the daily chart we can see the price is approaching the supply zone at 1250.00 from a textbook uptrend of higher highs since November 13th 2018, from the RSI we also see some form of divergence which even though its still premature to confirm it,if it fails to break above the 76.20 which is the high of the year will be confirmation of a reversal. A short above 1245.00 (early entry ) to 1255.00 with Stop Loss at 1285.00 and Take Profit at 1300.00 in a swing trade.
Otherwise happy trading, practice sound money management and good luck.
MAJOR GOLD SELL OPPORTUNITY?? Just a beginner stepping his foot into the forex world. I marked up the charts and wanted to add my 2 cents in on the idea gold has a strong uptrend line of support & resistance thinking it will hit its peak sometime tomorrow or next week tuesday due to the holiday. Correct me if im wrong or add you're 2 cents in ! Thanks guys, may the pips be with you. Happy trading!
EUR/USD shortBreak of key level
1.13813 support price for a preveus consolidation zone.
1)break of zone
2)lower low created
3)pullback to fib pint 0.382
4)H&A formation in confluence with both fib and price zone.
Risk to reward ration 4.86
GBP/JPY to Tap into 149.3 and ReverseGBP/JPY has had a pretty decent run from the weekly rejection of 145.00 not too long ago. Since the pair remained above the daily moving averages, price retaliated fiercely against any intraday 'bearish chop' ultimately pulling the pair higher and higher, having little remorse for short sellers.
From here onward, a reversal is anticipated, or a pullback at least from the level: 149.20 (Supply region) and the monthly resistance of 150.00.
Price is set to decline from the above, into the realm of 147.50 (weekly support) and 148.00 over the coming few days from the current level of 149.00 or again if we can push a little higher into the further supply, which would be more desirable for an increased risk-reward based trade.
Strong resistance level + Under 200 EMAPrice broke through a Daily Supporting Trendline and retested it in confluence with a previous Supply Zone! 148.000
Price is being rejected off the 4 Hour Resistance trendline and has as well broke through a supporting trendline.
Hidden bearish divergence and RSI bouncing off the 50 RSI.
TP1 145.500
TP2 145.500
TP3 144.000
TP4 143.500
TP5 143.000
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t.me
Bullish divergenceEveryone selling but RSI looks suspicious... How can it go up. Think about that.
price: lower low
RSI: higher low
The arrow represents 60% price action...
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GBPUSD massive dropI see a potentially massive move to the downside since interest rate sentiment for the pound has continued to be dovish. I can see bearish ramifications due to weak fundamentals. Looking at technicals, the pair is headed to a major zone which may present a great entry off of the 61.8 fib level for a massive swing!
Aussie fib reversal Everything is plotted. wait for the retest.
watch out for the 14th, aussie fundamentals will be released.
Take prof is plotted as well. trail stop as you go.
good drop for profitalthough i have plotted a take prof you will need to monetize this as this currency is in a bull market and has been and i dont think it will change soon.
be sensible on how long you hold this trade for.
