EURJPY H4 Retesting now on EJ, it'll be interesting to see if we bounce like we did on CADJPY, pair comparison remember, trying to pick the best out of the bunch, really nice clean zones here and currently on a selloff wave. So potential for an impulse buy if we pull down to 300 ish again.
GBPCHF H4 Super clear bullish trend seen on GCHF, looking for a pullback to the intersection price highlighted. This would also tie in quite nicely with GBPJPY analysis, very similar moving pairs which we have been waiting for, for the last couple of days, even dating back to late last week infact.
Since Feb 1, BTC started forming another path for a bullish rectangle. Great demand for this boy, keeping a close eye on it! Safe trades friends!
Sumo Logic is a cloud-based machine data analytics company focusing on security, operations and BI usecases. It provides log management and analytics services that leverage machine-generated big data to deliver real-time IT insights. Recently adding Amazon to their customer's list, Sumo Logic takes a long-term buy position in our portfolio. In our opinion, Sumo...
Double top, possible downside potential, can play the 77.06 - 72.27 range . Can look for a short term play or grab something with time if we break through our 70.47 support (yellow) .
Looking on a move Higher following continued bounces along support zones. ~ Looking for a retest of TL Coupled with Aussie Weakness Followed by a big move lower long term.
DXY H4 - Downside market gap for DXY, as per our weekly watchlist... we are looking to set fresh lows very early on. GU popping higher and gold also seemingly on a mission. Lots to keep an eye out for this week and next week, confirming our consensus basically. USD weakness, GBP strength, on the fence with EUR at the moment.
Range resistance is in the way of bulls with the half-hearted moves. USDJPY is moving in the sideways range with a potential opportunity to enter a sell trade from 104.400 to 103.400 a potential 100 pips trade setup.
CALLED OUT EURAUD LONG BEFORE ON MY PREVIOUS POST RAN INTO PROFIT NOW WE ARE RETESTING THE NECKLINE WHICH IS ANOTHER PRIME ENTRY FOR ME TO ADD MORE POSITIONS TRADE WISE USE RISK MANAGEMENT
GOLD H4 - Continuing to break highs and trend upside, working from the H4/H1 the 1870 support is the trading zone we would look to scout and find support, from there we would look to continue upside, higher high, higher low sequence as always.
GBPJPY H4 - Expecting very much the same with GJ as we are with cable, maybe a bit of a pullback but eventually an upside break and retest to offer long opportunities and continuations, all you have to do is scale out onto the D1 to see how bullish bias we are, 1.35 would be the highest price seen since July 2018.
Here is the hourly trendline FYI, hopefully we get another nice bullish H1 close.
EURUSD H4 - Currently pushing a key resistance zone, we have marked and annotated the monthly key level, resistance zone and 1.19 whole number, usually we would look to short this, but DXY is looking weak and we may be ready for an upside break, we have an ascending trend too, with sellers losing strength each time we push 1.189, breakout may be imminent. A break...
DXY H4 - We gapped downside, have yet to filled and we are seeing downside pressure on one of our final support zones at 92.20, could see a subsequent break and retest of support on DXY and break and retest of resistance on EURUSD from long potential, analysis to follow!
NZDCAD D1 - Daily close yesterday saw the upside breakout, a retest of the newly formed support zone could warrant buying opportunity off the back of todays close. Already starting to see a pullback, we have breakout highs, resistance to support and 0.90 whole number too, so a handful of confluences. RR is also sitting at a huge 1:6.
ProFx Market Sniper provides ideas on trade setups. We do no provide financial advice. Please take this trade on your own risk and remember to use proper risk management.
Descending Triangle just broke out, aiming at ATL. Lack of resistance confirmation means that we are chasing the price. However, my Stop/Loss is very tight and we are protected in case of an unexpected bounce. This is also due to the unpredictability of the market these days. - Target Entry $51.92 - Target Stop Loss $52.48 - Target Exit $49.60 About me - P/L...
Ascending Triangle broken out after a 6-month modest bull run. Multiple support confirmation on the 5-min chart. Support manage to hold up quite well even during the recent meltdown. - Target Entry $43.09 - Target Stop Loss $42.62 - Target Exit $45.02 About me - August P/L: +203.83% | Wins 85.19% | No Trades without Analysis - Note that I tend to adjust stop...