Get started

Structure

FTSE100 Bearish Incoming, watch for sell hello traders: Lets take a look at UK100 and its current price action development. From the higher time frames (HTF), we can see that price is currently in the a larger, ascending structure correction, consolidated for quite some times now. We did see price pushed down during the early march, and now price is back to the top where the previous highs and potential top of the structure and area. Now on the lower time frame (LTF), we can see more possible bearish development, potential double tops, smaller, ascending channel, correcting the price up to the top. Either look for price to commit down with a bearish impulse, and look for continuations after to confirm. Or a possible short term up move, to the top of structure, and if there is bearish reversal price action, it can also confirmed the downside move. Thank you
OANDA:UK100GBPShort
by jojofang0901
28
GOLD Short Term Interesting Development Hello traders: I have been patiently waiting for price action on GOLD to develop into something I would like this see and capitalize on. On the higher time frame, we can see a double tops and price reverse down from the all time highs. Throughout previous few weeks, I have been discussing the possibility of price move back to the previous high to possibly form into a continuation correction. Now, it seems price has indeed done that, moved up correctively within the ascending channel, top of the current structure. The last thing we need to wait for, is whether price can commit to the downside, and formed further bearish continuation correction to valid this forecast/setup. If price does not push down, and instead push higher and formed bullish continuations, then it will invalid this forecast, and no entry, no trade. Thank you
OANDA:XAUUSDShort
by jojofang0901
30
AUDUSD More Continuation Downside Hello traders: We can see AUDUSD has been pushing down since the beginning of April, and there could be more opportunity to sell. After the initial bearish impulse phase down, price naturally formed into a correctional phase. With a few swing highs and lows, price created an expanding structure, as well as a double tops. The latest development indeed shown us a strong bearish reversal impulse from the top of the structure, and has confirmed broke below the ascending structure within. Now we just need to wait for continuation correction on the lower time frame to confirm further downside move. Thank you
Short
by jojofang0901
18
CADJPY Reversal Incoming, Watch For Sell Setups Hello traders: Look like most of the JPY pairs could be starting the bearish price action we have been patiently waiting for. Price is currently hitting a higher time frame double tops area, and correctively develop an ascending channel. Within, we can see price also created a smaller ascending channel, and price reversed down impulsively, good signs of bearish price action. Now that price is sitting at the bottom of the ascending channel, good to wait for another impulse out, follow by continuation correction to look for sell down to previous lows. thank you
Short
by jojofang0901
22
CHFJPY Bull Exhausted, Watch For Reversal Hello traders: Similar like NZDJPY and CADJPY, we can also see CHFJPY is showing signs of bearish reversal price action. After the previous move up, price is at the top of the previous high on the higher time frame. We can see the price is slowing down its bull momentum, and a corrective ascending channel has formed. Latest development show a bearish move down, out of ascending channel, good signs of possible further down Good idea to wait for the right shoulder of a Head and Shoulder pattern, to confirm a bearish continuation price action to go down more to the previous lows. thank you
Short
by jojofang0901
36
GBPAUD Watch for more downside Hi traders: Also on my watchlist is GBPAUD, for more downside momentum. From the top, we can see price clearly have a strong bearish impulse phase, and formed continuation correction to push the price lower. The latest development shows us another impulse phase, and follow by an ascending channel correction. Now that price has broken out of the ascending channel, good to wait for continuation correction to confirm the next down move to the lows. Thank you
Short
by jojofang0901
51
EURNZD Continuation Sell Hello everyone: EURNZD is back on my watchlist as we have now forming into a possible bearish continuation correction for more downside. We can see from the top of the expanding structure, strong bearish impulse down, and price begin to consolidate. With a few swing highs and lows, double tops, ascending channel within this latest correction, indicating more possible downside move. Wait for price to confirm impulse down, follow by continuation correction to confirm the setup. Thank you
Short
by jojofang0901
21
EURNZD More Downside, Watch for Bearish Development Hello traders: EURNZD has managed to drop impulsively the last few weeks. We can see from the top of the expanding structure, with a double top, ascending channel reversal, price indeed impulse down aggressively like my previous forecast. Now that price has reach the bottom of the higher time frame structure, a sharped pullback/consolidation has formed. This may be enough to continue the price down to the next lows, or price may move up once more correctively to form a bigger bearish continuation correction, and then continue down after. Be on the look out for both possible scenarios. Thank you P.S. I am taking a small break/vacation til next mid week :)
Short
by jojofang0901
6
Return of the DOGE ? Hello everyone: I haven't take a look at DOGE for a while and someone point out to me to have a look. On the HTF, we can clearly see many bullish impulse phases up follow by continuation corrections. Very possible that once the continuation correction finishes, there is possibility of another up move just as what we have seen before many times over. In the latest development here on the lower time frames, price formed a descending channel reversals within the bullish flag, and there is lower time frame impulse phase up. Now the price is at the top of the HTF structure, it be nice to wait and see if a continuation correction will form here, that would be the confirmation to look for buys again on DOGE to the next highs. Thank you
BITTREX:DOGEUSDLong
by jojofang0901
12
AUD/JPY (Gartley Pattern) 1HRPAIR: AUDJPY TRADE: GARTLEY PATTERN POSITION: BUY TIME-FRAME: 1HR -------------------- Another intraday trading opportunity that I'm involved with. The ratios lined up, criteria was met and my plan says to execute the trade. Let price action dictate getting involved or sitting out, based on your historical data, probabilities and rules. Be safe trading, always and trade the plan. -------------------- Truly grateful to be here and share my thoughts with everyone. Always appreciate your thoughts and what you have to say and share, let's experience Trading in a positive way, together. Time is precious, be kind to everyone and be safe in the markets, always. "See yourself as love and only have that, to give away." -------------------- Phil C.
Long
by Phil_C
GBPNZD Long Set Up Welcome back! Here's a potential buy scalp opportunity for KiSS 2.0 Strategy or whatever entry criteria you use. **GBPNZD - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
AUDNZD Reversal Incoming, Watch For Sell Hello traders: AUDNZD is looking very clean for the possible bearish reversals. We can see a HTF potential double tops, and price has formed a larger ascending channel, correcting the price up. In the latest development, we see a smaller, lower time frame ascending channel as well, good signs of multi-time frame aligning up. We did see price reverse down from the top of structure, and smaller continuation correction has formed. Watch for more downside move, by identifying the next continuation correction to push the price down to the bottom of the structure. Thank you
Short
by jojofang0901
22
GBPNZD Trade Set up round 2Hey Traders, The absolute classic set up here on GBPNZD. If you remember our trade idea last week, maybe two weeks ago, the trade we took on this pair, you would recognize the similarities that we have here. We've had a double break of structure and now we're waiting on a pull back into the demand area of that second breaking structure. The original idea we caught on the one hour chart earlier in this picture, we are looking at replicating this idea and catching it on the four hour chart. I have linked the previous idea below, So go check that out and you can see exactly how it's pretty much the same setup, just a different time frame and also how that trade played out. Keep an eye on this pair. There is a little bit of news coming out later in the week, but nothing too damning. It'll be interesting to see if the pound can pull back into this demand area and then shoot us forward into the future. Let me know your comments in your analysis and whether or not you're going to be looking at this pair in the future to see what it can do. Can we get a bit of pound strength coming in over the next couple months?
Long
by the5erstrading
9
Weekly Trade Recap: UK100, NZDJPY, USDCAD 04-17-22Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between Apr 3rd- April 8th. UK100: running position Full analysis/forecast: USDCAD: Out for BE Full analysis/forecast: NZDJPY: Out for -1% loss Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
OANDA:UK100GBP
by jojofang0901
11
NZDUSD Short Set Up This Week!Welcome back! Here's an analysis of this pair! **NZDUSD - headed for support at around 6720-6700 zone which we can expect a bounce and then continuation downward. We will be monitoring 6790 area for re-tests and potential entries for scalp, intraday, and swing. Targets would be 6765, 6730, 6700, 6610. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
USDCHF Analysis I Correction and Push Higher Welcome back! Here's an analysis of this pair! **USDCHF - We expect a temporary correction from resistance 9450 area and then continuation higher IF the resistance is broken. Next target after 9450 would be 9515 resistance/previous support. Ideal area to place buys this week is 9375 zone (strong previous resistance turned future support). We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
How to analyze any market from scratch #3Hello everyone: Many of you have asked me to continue making more of these analysing from scratch video, so I have prepared another one here for you today. Not only will we refresh the previous 2 educational videos on this topic, I will go into a bit more details on the confirmation on the lower time frames with multiple examples in the chart. Recall from the previous videos I made, when we want to analyze the chart from scratch, we always start: 1. From the higher time frames (HTF) to identify the impulse/correction phases of the market conditions so we can come up with a possible bias and direction of the current price. 2. Once we have a possible direction and bias, then we go down to the lower time frames (LTF) to also identify the impulse/correction phases which will lead to your confirmation and entry. These are simple steps to follow, based on multi-time frame analysis, top down approach. Many have told me it's not hard to identify the HTF’s impulse and correction, but what can be classified as a LTF confirmation before entry? Let's take a detail look into a few examples: A LTF confirmation is when the price is developing a few more price action structures/patterns that align with your HTF direction and bias. These can be continuation/reversal corrections on the LTF; impulse phases on the LTF that go with your bias on the HTF; multiple corrections within the larger corrections (patterns within patterns)...etc. The more of these LTF price actions you can identify, the more it strengthens your analysis and forecast on the HTF. Thank you Do check out my previous educational contents on this same topic to better learn my approach to analyse any market from scratch. How to analyze any market from scratch #1 How to analyze any market from scratch #2
Education
by jojofang0901
18