{GOOD BUY OPPORTUNITY IN GBPJPY}Hello traders, GJ now turned to bear, retracement of market at 169.695 level is expected.
Happy trading!
Forexsignals
USDCAD: BearishUSDCAD trading in a parallel channel and it looks like the correction is still pending. Rejected from the previous resistance zone USDCAD is likely to trade lower in the coming sessions.
Trading strategy:
Keeping SL of 1.295 any rise should be taken as selling opportunity for the target of 1.28500/ 1.28000
USDJPY: A DIAGONALTheory:
DIAGONAL:
Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of the wave 1.
Properties Of Diagonals:
Diagonals can be contracting or expanding type being expanding diagonal a rare one.
In contracting type, wave 3 is shorter than wave 1, wave 5 is shorter than wave 3, and wave 4 is shorter than wave 2.
In expanding type, wave 3 is longer than wave 1, wave 5 is longer than wave 3, and wave 4 is longer than wave 2.
Types Of Diagonals:
LEADING DIAGONAL
ENDING DIAGONAL
LEADING DIAGONAL: In a leading diagonal , waves 1,3, and 5 are all impulsive in nature or all in corrective form of zigzags. Wave 2 and wave 4 are always present in a zigzag form. A leading diagonal suggests the starting of a new wave & that is why it can develop wave 1 of a impulse wave and a first wave of a zigzag pattern.
ENDING DIAGONAL : This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal , a swift & a sharp reversal takes place which bring the prices back to the level from where the diagonal began.
{=GOOD SELL OPPORTUNITY GOLD=}After forming double top in daily timeframe gold falling, crossed the trend line.
!Happy trading
GBPAUD Sell trade opportunitiesGBPAUD Sell trade opportunities
GBPAUD has broken the Support trendline and closed below with a very strong Bearish candle its a good opportunity to take a sell trade and the target will be the next support line
‘Always trade with Stop Loss "
{=EURUUSD GOOD OPPORTUNITY FOR SELL=}A good head and shoulder pattern is formed in daily timeframe. it is good to confirm before entering
!Happy trading
GBPJPY SMALL TF SETUPGbp Jpy is making a pullback to support and demand orderblock,marked in the purple box. A hold of this area can send GBPJPY to supply zone marked on charts. This setup has a good R/R and multiple confluences that it will play out. Please note: Do not risk more then 2% of capital on this trade.
EUR-CHF 1D TIME FRAMEprice is settling at the support bar and possibly bouncing back to the 0.50 level of Fibonacci retracement . looking for a buying OANDA:EURCHF opportunity in this pair on Monday. Have a nice day to all.
$IBOGF- 30 day Average Volume
The volume of $IBOGF is increasing day by day. In the last 30 days the average volume of $IBOGF has been recorded to be $4.42K.
NZDUSD Buy trade opportunitiesNZDUSD Buy trade opportunities
It has recently broken the Resistance trendline and closed above its a good opportunity for a long with very good risk-reward target point also mention in the chart
‘Always trade with Stop Loss
XAUUSD chart update 1H Time frame it is trendlineGold Spot XAUUSD 1HR Time frame, chart Analysis, trendline confirmation
USDCAD: EXPANDED FLATAfter a strong rally , USDCAD currency pair has formed an Expanded flat structure and is likely to trade lower in its wave-c in the coming trading sessions. Go short on cmp with SL of 1.30800 and look for the tgt of 1.28500
$IBO contract with blue digital media dictates further benefitsBlue Digital will be paid USD 27,000 for a three-month commitment beginning June 13, 2022. Additionally, Blue Digital will get 450,000 company's stock options to purchase common shares of the Company, with an exercise price of $0.10 per share, a three-year term, and one-third vesting at the conclusion of each month of service.
{=GOOD BUY OPPORTUNITY IN GBPJPY=}It seems the market is now try to touch its previous high from here it droped.
{=ANALYSIS ON XAUUSD EXPECTED TO GO UP=}Nowadays gold is confusing and playing with the traders, because of fundamental news so it is projected to move up according to technical. Don't for it without proper confirmation.
!Happy trading
$HEM with a breath taking stock performance on TSX-V$HEM is currently trading on the TSX-V effortlessly at $0.28 with no such loss percentage recorded yet and is expected to rise significantly in the upcoming week effectively.
GBPUSD ANALYSIS OVER H4 CHART.Gbpusd overall is in Downward trend, Looking for short term Selling Opportunities in it.
EURJPY ANALYSIS OVER H4 CHART.EURJPY Is currently taking a reverse backa and looking for short term buying opportunities in it as there is a strong support at 140.010.
{=GOOD SEL OPPORTUNITY IN XAUUSD=}Technically it is indicating that a big move towards down is coming
!Happy trading
{=GOOD SHORT OPPORTUNITY IN GBPJPY=}A big move in downward direction may continue. Use proper risk management
!Happy trading
{=POSSIBLE MOVES IN XAUUSD IN UPCOMING DAYS=}After news event on friday, it went up and coming to its the previous level. So watch and analyse the market.
!Happy trading
CAD/JPY UP TRAND CAD/JPY way going up because CAD/JPY Employment Change Batter then forecast & Support Fibonacci Lavel 23% & Support 44 MA
