usdjpy short setupuj still has bullish structure but the way jpy is showing some strength im expecting a fallback towards 1.32500, sells above 1.35.300
Short-setup
✅EUR_CAD WAIT FOR BREAKOUT|SHORT🔥
✅EUR_CAD is retesting a strong horizontal support
But its the 4th time and I am berish biased
So IF we see a bearish breakout
Then we can go short on the pullback
IF there is no breakout the setup is invalid
SHORT🔥
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Solana is bearish?In a bearish crypto market, it becomes hazardous buying any token. With Solana, we are still bearish technically. First target being the $25 mark and second being the $10-$13 range.
SNX range trading set ups. Hey ladies and gents,
SNX trading at the top of the range with a bearish divergence on the hourly. My bias is to the downside.
Happy trading
NFA
19k reached, next target 12k - 5k2 -4k6I away true, 1500BTC short position(~$30M) reached target 4. Large investment funds are being liquidated by leverage, which will bring Bitcoin into crisis.
Downtrend has just begun, panic sell is about to happen.
Uptrend will not return at this time. Bitcoin will rise again in the next 2 years when the problems of war, politics, inflation, consumption are solved. THIS IS SHORT TIME. I’ll take short position 3000 BTC (40% profit of last drop from 43k to 18k8).
Only use profits to reinvest, don't trust anyone. Next target is 15k 13k and 12k. When Bitcoin breaks 12k support Bitcoin will further drop to 5k2 and 4k3. We only buy the spot when Bitcoin price reaches $4,300.
Global stock market is about to panic sell and lose 50% in the near future.
“don't shed blood, suck their blood”
BIG SHORT TIME, SHORT TIME COME
LINKUSDTPERPDue to the strong downtrend in higher time frames and price correction in the form of an ascending channel, I am waiting for a correction and short position in this currency.
NZD/USD Short position hi guys
after the breakout 0.65307 to 0.64263
i can see the pullback but it has a strong momentom in giving the publlback
If at the end of the pullback I see a weakness i go for short
GBPCHF ShortGBP|CHF - Personal Analysis. Break and Re-test.
RR 1:2
Keeping charts simple.
There was a consolidation phase and now price broke below the consolidation phase expecting a continuation of downtrend but expecting correction tomorrow or next day this week.
If Price goes back into the consolidation zone, then expecting for price to hit the high of consolidation phase again to re-test for break of bullish trend.
AUDCHF double topDouble top, catching the drop. TP1 at equal to SL, maybe my SL is too tight, may have to readjust if gets close.
audjpy short i see the market going lower as we are mid range and previously seeing pullbacks as we go lower and lower in the chart.
SHORT IN THE 1HR TFGood short opportunities to take in the 1HR TF, use good risk management and secure early profits
XAUUSDEntry two has presented itself once again, let's see how it goes. Recall to close partials and mitigate risk.
EURNZD Short PlayEntered a EUR/NZD short position @ 1.65296
Market sentiment is still shaky and will be volatile the next couple days with unknown doubts related to the upcoming COVID variant Omicron. I am still bearish on AUD/CHF regarding my previous analysis and although AUD and NZD tend to correlate well with each other, I am bullish on NZD given the recent monetary policy outlook. Increased OCR rates should equal higher yields on the long end of the curve or at least be stabilize over the next month or so.
EUR did receive a boost after the market dropped due to carry trade unwinding and money flowing back into EUR to cover the funding/short positions. Most G7 currencies are strong vs the USD today except EUR which shows of weakness in the EUR. If market sentiment does remain high and bullish on economic outlook then I believe EUR/NZD should drop.
Similar fractal shown based on the period from Aug 11 - Sept 13, 2021. If recent history is correct then EUR/NZD should drop to 1.600 (blue arrow direction).
Finally, similar moves in the DE10-NZ10 yields differentials. Large spikes in EUR/NZD currency with not so big spikes in the DE-NZ bonds should keep the drive the currency pair lower. See chart below.
My views only.
GJ Short Position My chart analysis for GJ on Friday probably not a trade for this week however if it does setup nice and my alerts trigger and I like the structure I will enter and hold over the weekend.
A 78.60% retracement will be a nice entry point and this area is also housing a nice liquidity pool and will be the 100% fill of the IPA. The Pound is also weakening at the moment due to the new Covid varient and Lockdown rumours.
USD/CAD Short PositionDisclaimer:
Any of the content presented on my page showing my analysis of the market is just that, an analysis which means this is my personal opinion of where the price is going to go. Do not by any means take this simple analysis for a reason to enter a trade, I am not presenting these analyses as a form of signals, simply a way to get feedback and opinions from others on how my trades look. Take this trade at your own risk, but know forex is a risky market that you can make a lot of money but can lose that money or even more just as fast, enter these markets with your own risk and good luck with your trading :).
Daily Analysis:
On the daily time frame you are able to see in the past price has tried to break out of this zone around 1.28500, after a huge push to the downside in the previous few weeks price has made a push for this area once again. It had showed weakness to the upside and made a pretty big wick towards this zone again. I think this could be a big payout with a small risk amount if played right, if anything we will make a little bit of money and the worse scenario is losing half a percent. We still need confirmation on lower time frames for this to be a confirmed trade, we can wait for this on the one hour time frame or for a strong close you can even wait for a four hour candle close below the lows or well below the low for a good trade.
Price
Hourly Analysis:
Price was in somewhat of a up trend during the prior few weeks but went sideways for a while and broke out of the Resistance zone as seen above. Price was moving sideways for a while but as seen, the price had tried to make a move to the upside but had a hard time. Price had gotten a good push back and it had started to fall, there was even a few candles that have big wicks to the upside and it continued to push further down. I waited for price to break the other zone the bottom most black line and also a close below the recent low, as seen to the left of price.
Thanks again,
KeySlot
GOLD Ready To WaterfallHey Trader,
Here is my gold analysis, I believe we will see our target very soon.
GOLD ready to Blast # Waterfall :)
GOLD ready to Blast # Waterfall :)
GOLD ready to Blast # Waterfall :)
AUD/NZD Bullish Gartley patternHello Traders
A possible Bullish Gartley pattern has been shown in chart.
Beside gartley pattern, there are other reasons that we should know:
1- We can see a double top pattern.
2- RSI is showing a RD-.
3- looks like price is moving toward key level fib 0.5.
(*PS: Market is still too Risky due to new corona's variant concerns, so manage your accounts carefully)
Thanks for Reading
Team Fortuna
-RC
cadjpy short setuplet's see if price can rally close to the 92 area and then look for a shift to sell to 88
EUR / NZD Short Trade? Citi Traders Imperium Account?Disclaimer:
Any of the content presented on my page showing my analysis of the market is just that, an analysis which means this is my personal opinion of where the price is going to go. Do not by any means take this simple analysis for a reason to enter a trade, I am not presenting these analyses as a form of signals, simply a way to get feedback and opinions from others on how my trades look. Take this trade at your own risk, but know forex is a risky market that you can make a lot of money but can lose that money or even more just as fast, enter these markets with your own risk and good luck with your trading :).
Update:
Sorry I have not been keeping my account up to date with my trades, I am currently really focusing on my Citi Traders Imperium trading challenge and trying to push through the final stretch of the challenge. I have really been getting pretty good trades but I have had a few losing trades like any other trader does. Trying to stay mentally stable is hard when it comes to trading but once you realize you only really have to have one big winning trade a week or even every two weeks and it could meet your goal you may have set in place. I am taking things very slow keeping my risk management very controlled and am really expecting to hit the profit target by the end of the year. If anyone needs some tips for risk management or just tips to stay focused when trading feel free to reach out, I will try to answer as many questions as possible.
Daily Analysis:
As you can see in the chart provided down below price has been getting stuck in the levels marked and have continued to break lower and lower which shows there is currently a lot of momentum in that direction. I noticed that price recently broke the lows again but stalled out and consolidated a little bit before pushing along and showing more momentum to the downside. With this chart alone I would not place a trade on this pair, but it does shows me where the overall momentum is sitting in the market right now and it just puts it a little more in my favor. That is all I am really looking for.
Hourly Analysis:
You can see it a little more clear in the hourly time frame just cause you can see price had tried to bounce and break to the upside of this zone quite a few times now and has failed every time. This is just showing me that there is even more momentum to the downside on the lower time frames which only confirms and put this trade in my favor just a little bit more. With a close below the current lows this could be a possible trade to take but this will only be good if it is paired with good risk management.
Risk Management:
Depending on your risk profile and your trading strategy every person will want to risk a different amount, all I would say is keep it consistent and make sure you cannot blow your account in just a couple trades. I keep my trades to 0.75 percent risk a trade or at most 1.00 percent a trade. This is just to keep me in track emotionally and to keep my strategy being profitable in the long run.
Anyways I hope you all have an amazing trading week, please let me know if anyone has any questions about how I trade or just any trading related questions, I will feel free to answer as soon as possible.
Thanks again,
KeySlot
