US30 LONGCURRENCYCOM:US30
US30 is continuing its bullish run, with price breaking a key/strong
level of resistance. Awaiting a retest and a confirmation candle to
go long on US30
Keylevel
AUDUSD - HEAD AND SHOULDERS 📉The AUDUSD price is in Bearish Head And Shoulders Pattern 🧐
the Neckline is broken ✔
so, i predict a bearish move 📉 im waiting for a pullback 📈
TARGET: 0.62051 🎯
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EURJPY Short from resistance - +200 pip potentialWelcome back! Let me know your thoughts in the comments!
**EURJPY - Listen to video!
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GBP-AUD Will Grow! Buy!
Hello,Traders!
GBP-AUD broke the resistance level
Exactly as I predicted yesterday
And the breakout is confirmed
So I think we will see
A further move up
Buy!
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BNB Key Level To Watch - Will There Be A Strong BREAKOUT?On the chart, BNB has touched the trendline 5 times, turning it into a very strong trendline.
However, at this 6th time, the price seems to have breakout. If this very strong trendline is broken, perhaps the crypto winter will last for a long time - as Binance exchange as well as CZ have a huge influence on the market.
In another view with positive signal, BNB is one of the rare top tokens with automatic token burning and is a token that deflates over time.
This is key level to watch carefully! It could very well be an early signal for the whole market to enter a winter of accumulation, depressing the whole traders and holders (when the money flow has not poured in, the Fed's interest rates remain at the high rate as they say they will be, stay high through 2023 extending to 2024).
GBPUSD - BREAK OF STRUCTURE 📉The GBPUSD price is in Weekly Resistance Level and Resistance Trend Line 🧐
the key level is broken 🔥
i predict a bearish move 📉 i'm waiting for a pullback 📈
TARGET: 1.06856 🎯
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Dow Jones Industrial not looking goodDJI = Dow Jones Industrial is not looking good.
200MA, 200EMA (which has worked as support before) and key level ~29 700 was tested and turned to resistance like it is seen on the graph.
Next target ~26 800 and if that gets broken ~23 000.
IF history repeats itself, then we might go test the 18 200 levels which happened last time 200MA turned to resistance ( 2008 )
This analysis is invalid if we break ~29 700-30 000 and get on top of the EMAs
When Fed pivots and start to print money again the markets will turn, and the markets are probably going to sniff that before it actually happens. I think it's sooner than we expect.
-Jebu
GOLD Key Levels Analysis! Sell!
Hello,Traders!
GOLD made a bearish pullback
From the resistance cluster
Just as I predicted in my previous analysis
And the pair is now retesting a key level
But we are bearish biased so I think
That IF we see a bearish breakout
The the price is likely to move down
Towards the local support level below
Sell!
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US30 5th of OctoberUS30 continued the trend after facing the supply zone. Once reached the supply zone, the price rejected it, but then it broke it to reach a new target.
$F | Bounce En route? 🚗With Ford reaching support zone levels (as well as key value level) not seen since June and February as well as extreme oversold levels, this may be the call for a reversal here upcoming. I am keeping my eye on this and waiting for a confirmation candle to signify change of sentiment as the bottom band on the bollinger band has been broken.
The market itself, is in shambles but certain stocks sometimes revert to their "own" ways vs. what the rest of the market is doing. We will see if $F will make a move here. 👀
ASO Playing a Bounce off SupportAcademy Spots & Outdoors, a wonderful long time company that has been around years, and more recently on the market is fundamentally bringing in more gross revenue and profits every quarter.
Fundamentally, this company is an A+ and is coming in with a 5.5 P/E Ratio.
Technicals Wise, we are seeing ASO bounce off a very strong Triple Support Level.
This is a super strong piece of support, and is seeing lots of buyers coming in to ASO at this Level.
ASO has also been in a bullish wedge formation, and is attempting a break up here off this bounce.
Retail has been sold off entirely through the past few months, and is starting to shape a reversal.
Ways to play :
Shares
Apr. 14 $40c or $45c
Many other ways too.
I strongly believe this is a great LT and or Swing entry to ASO.
EURCHF - SUPPORT BECOMES RESISTANCE 📉
the EURCHF price breaks the daily support level ,the old support becomes new resistance level ✔
the key level is broken (Break of structure)
so, i predict a bearish move 📉
TARGET: 0.94228 🎯
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GBP-USD Key Levels! Buy!
Hello,Traders!
GBP-USD is trading in a massive downtrend
And the pair broke yet another strong
Key support level and keeps falling
So the next support is the ABSOLUTE LOW
So we will be watching for a retest and a rebound
Because the level is super strong
Buy!
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[Weekly forecast] - Dollar index1. The big picture
What we can see on big picture now is " Buying pressure is being absorbed quite clearly"
2.The confirmation
First of all, the confirmation was show by breaking H1's Key level to change the trend from up movment to down movement in H1 timeframe.
It is the first confirmation for the pullback of DXY can run down more.
But, now market has come to H4's up trend key level.
This down cycle maybe held here?
What is our next plan?
3. Next plan
Combine Smart Money Concepts - Key level strategy together , what we can expect now will be :
- Case #1, market will go up to H1 down supply zone to collect more power to break out H4 Key level.
- Case #2, we will wait to sell at POI zone of Smart Money stream. With the power from Big boys, it is easier and more safety to break out H4 key level to start the down trend as we discussed on the big story.
Target will be the strong demand zone as we can see on the chart.
Note : These plans will be removed if market has valid break out POI zone.
Always wait the confirmation at the core zone to sell.
As my view, Case #2 will be our main case that we should follow.
KEY LEVEL TO WATCH: TOTAL2 MacroI previously estimated where altcoins might find support, and I was right... for a few weeks.... but we didn't get a serious relief rally before losing that level.
Contagion has spread and 2 more giga-firms Celsius and 3AC may be insolvent / forced sellers....
And now we are a 7% drop away from a potentially very significant level...
It's the 200SMA on the 1W timeframe (yellow line). We haven't come anywhere near it since pre-bull run. Before that, it never exactly offered rock-solid support, but it did act as a magnet for price action during the previous bear cycle.
When it was broken previously, the Total market cap of altcoins went down another 45% before being drawn back up to it and didn't stray too far in either direction until blasting off this previous bull cycle.
I'm posting these quickly so I'm sorry if some of my numbers are off, but you get the idea. It's a point of interest. If we lose it, expect more downside, but THAT will be when it's time to really pay attention and watch for a potential bottom / rally back for a bearish retest of it.
THINK HAPPY TRADES
THINK HAPPY TRADES
CD
USDCHF - Cool trade to wait with Smart Money concepts this week
Always set alert at risky zone to follow what happen next.
You can wait candle pattern confirm more to avoid risky.
US30 into the Fed rate Light news week going into the Sunday opening until Wednesday when the interest rate is released. We could have one or two thing happen until the Wednesday release:
1) We see priced in data and a direction chosen into the lead up
2) We see price stall out until we enter the day into the rate release.
This is a market moving data release so this is one to take with precaution after the CPI data implied a 75-100 bp increase.
NAS 100 into the Fed Rate Light news week going into the Sunday opening until Wednesday when the interest rate is released. We could have one or two thing happen until the Wednesday release:
1) We see priced in data and a direction chosen into the lead up
2) We see price stall out until we enter the day into the rate release.
This is a market moving data release so this is one to take with precaution after the CPI data implied a 75-100 bp increase.
✅AUD_CHF LONG FROM SUPPORT🚀
✅After the retest of the of horizontal support
It makes sense to expect a bullish correction
Aa the AUD_CHF is oversold and the market players
Will be taking profit from the level
Fueling a buying wave
LONG🚀
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USCAD UPDATE Following CPI Report Welcome back! Let me know your thoughts in the comments!
**USDCAD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
