GBPJPY Buy, Going UP,good ideaHello Traders, here is the full analysis for this pair.
Watch strong price action at the current levels for BUY. GOOD LUCK! Great BUY opportunity in GBPJPY ..
I still did my best and this is the most likely count for me at the moment ..
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NZD/CAD: DOUBLE TOP ON THE RISING CHANNEL R/R 9% 🔔⭐Welcome back Traders, Investors and Community!
Analysis of #NZDCAD
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⭐Strategy: Double top on the rising channel with good R/R 9%
A clear chart is Always the best business card for a trader.
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AUD/JPY : ENTRY ON BEARISH CHANNEL WITH R/R OVER 3% 🔔Welcome back Traders, Investors and Community!
Analysis of #AUDJPY
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Strategy: Bearish Channel strategy with very profitable Risk Reward
A clear chart is Always the best business card for a trader.
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Your support and feedback will always welcome
Thank you for your time.
The information contained herein is not intended to be a source of advice or credit analysis
Regards,
Walter
AUDCAD MULTI TIME ANALYSIS & TRADE SETUP We try to highlight potential trading setups on Pairs on 1hr and 4 hr chart , while analysis is done on Daily - 4hr - 1hr ,
Our Analysis is based on Breakouts & Retest of Support Resistance levels of Trendlines & Moving Averages ,
We use EA for Automatic Execution of trades based on price breakouts of Moving Averages .
oving average can show you trends / support resistance levels , ranging market etc.
Just like trendlines we trade breakouts , retests of moving averages too ,
To trade correctly our ideas , follow the instructions and wait for candle close wherever advised.
Not all setups will be great , and losses are part of Game , consistency will surely give good results in long term.
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Your comments are welcome , do let us know if u won or lost some pips following our strategy , and if you think there are ways to improve it.
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EURUSD US PMI Trading StrategyEURUSD reached a firm daily resistance. It is possible that the US data could trigger some USD strength, which will distance EURUSD from the resistance level.
The highlighted levels on the chart may be used for stops and take profit. The technical setup is for experienced traders. It is worth noting that brexit and US elections will add to the market volatility as we near the end of 2020.
The signal setup is intentionally kept simple.
EURJPY Short Signal EURJPY Sell Stop :122.349
SL 122.785
TP 121.475
RR 2
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This explanation is only my personal opinion only.
Trading financial markets involve risk and is not suitable for all investors.
I am not responsible for any losses incurred due to your trading or anything else.
I do not recommend any specific trade or action, and any trades you decide to take are your own.
Original Analysis:
GOLD - WEEKLY ANALYSIS.GOLD - Last week it was in a complete narrow range, I am expecting an interesting move in this week. I have drawn a path based on thrust & force method, typically known as Supply and Demand in normal terms.
Follow the path as mentioned, Closing price is 1950 Now, from here the path should be like
From 1950 am expecting 1956 reverse back > Major hurdle stop loss 1968.
From 1956 > 1945 >1951 > 1936 > 1941 > 1929 > 1936 > 1918
Keep Stop loss as per your risk reward based on your entry level.
I have tried a lot to simplify this for you, Still in case if you are not able to understand this, feel free to ask, Write in the comment section. I will be happy to help. Follow the path as mentioned strictly.
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Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
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Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
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All major and minor FX/INDICES covered
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Gold Bearish OutlookThis pair is currently within a bear flag pattern. After completing wave E, we may now see price is forming a smaller inner bear flag pattern which is also looking to retest the 61.80% Fibonacci retracement level. Expecting price shows bearish momentum after a breakout from the smaller bear flag continuation pattern.
GBPUSD - DAY TRADE VIEW.GBPUSD - Read the levels carefully, I am expecting it to come down a little bit, Good to go long near to 1.29200,
In case if it doesn't come jump in for long above 1.29700 Maintain Stop loss near 1.28850 ,
Potential up move 1.30170 - 1.30750
Follow the levels properly as mentioned and use proper risk management.
Traders, if you liked this idea hit the like button & write in the comment section.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered
Thanks !!