Keepitsimple
CHFJPY 2 sided tradeReasons for short buy
1. If market breaks grey zone, this indicates it wil pull back then go higher
2. Market is already in up trend so ride the continuation
3. Buy until it hits flip zone
Reasons for long term sell
1. Broke daily/4hr trend line
2. Created a CHoCH(change of character) which is not shown on my chart but its there
3. As long as unit holds supply level, you show be looking for sells
AUDJPY Bearish MoveReasons for bearish trade
1. Black trendline is sell side liquidity (meaning market will take out those lows on the trendline)
2. Strong 4hr Supply Zone = Sell momentum
3. Broke highest low = Change of Character
4. Wait for lower high to be formed for sell confirmations
5. IMPORTANT: IF 4HR SUPPLY IS BROKEN, SELL IS NO LONGER VALID
GU Breakdown AnalysisWhat's going on traders?! This is the breakdown analysis I came up with for the end of the week. Price is currently in a range so the investment strategy is neutral. However, there are still great opportunities to maximise for next week and more. Hope this analysis gives you a clear view on what to look for!
GU SELLGood morning traders! Took some great losses earlier in the week, but one thing about price it will always return to the overall trend. Therefore, maximises gain from those losses by being patient, managing risk and staying alert of key areas of entry opportunities. Hope you guys capitalised on this trade but if not there's always another opportunity in the market!
welspunind read description properly Only buy above consolidation
otherwise no buying
1st target -100
Also do your own analysis before buying or selling .
hope you like it.
BTCUSD looks good for bullish moveReasons for the trade:
1. It broke daily Change-of-Character ( it broke the last high indicating signs of reversal)
2. It pulled back to 50% level on fibs ( potential to drop lower before initial move to the upside)
3. It’s at a flip zone ( area in the market that is both support and resistance)
4. Currently at a demand zone on daily ( support zone)
BNBUSD potential bearish moveReasons to take the bear move:
1: broke trendline for reversal on 4hr timeframe
2: broken previous 4hr low
3: currently at entry zone on the fibs (38.2-61.8)
GBPNZD SHORT ON THE DAILYReasons for the trade:
1. BROKE OUT OF THE DAILY TRENDLINE ( market reversal)
2. Created a new lower High
3. Major rejection in the area on the Weekly Timeframe ( a lot of wicks on top of candles on the weekly)
4. Wait for pullback and rejection on lower timeframe to enter position
EURCAD downtrend shortReasons for this long term short:
1. It’s still in a major downtrend: lets ride the wave
2. It broke previous low on daily and weekly structure
3. Waiting for pull back at entry zone( preferably at flip zone)
4. Make sure to watch for rejections from the upside(wicks at the top of the candles)