GBPJPY PivotPossible Pivot areas marked using pivot traditional indicator (15 min for intraday pivot levels).
4H has buying pressure and currently forming a W. If pattern holds looking for 152.600.
If price continues down looking for strong rejection from one of the support levels near the bottom of the daily pennant.
4h
Bitcoin will close to the week at $34500 - $35000 Bitcoin started the 9 Jul with an Abnormal Pin Bar . At the same time, that candle has returned from a strong key level and a trend 1 support. Also the volume approves of the return too.
I think the overall situation isn't very heartwarming, but it will go green for bitcoin this weekend. and It’s going to start next week in the $34500 - $35000 range.
Indicators used:
- Volume (20)
- Abnormal Pin Bar (2, 4.5, 2)
- Trend Key Points (10, 3, 1, 0, 2, right, 10)
XAUUSD - GOLD - 4H - NEWS - SHORT/SELLExpected NEWs Effect :
As today USD is publishing its NONfarm Payrolls from one hour to this post,
If it's positive and USD breaks above its inverted head and shoulder position.
Gold will have a huge downside movement, as gold has already diverging 1H before the news.
Please solid Bearish movement and then only enter this trade. Keep your Risk calculated.
This is a fundamental analysis for the long term.
Happy trading.!
Best Regards,
The MorningStar Forex
USDCAD quick buy (moderate-high risk idea)- I wouldn’t be surprised to see USDCAD going more in the bearish direction on higher time frames. That being said, this trade is an attempt to counter trend trade under the assumption USDCAD will retest to the upside, then continue down.
Why is it moderate-high risk?
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-USDCAD May continue to go bearish without retesting to the upside.
- That being said, it is a quick trade, and if USDCAD either continues in the bullish direction and breaks the trend line, or retests then goes bearish, we will most likely be in the green on this trade.
EURUSD - 4H - HIDDEN DIVERGENCE - SHORTEURUSD has been moving in a downward direction for a weekly retracement, Also the 4H timeframe is giving a Hidden divergence, which is a sign of a trend continuation. Please look out for entry-appropriate Price action for Short Swing Trade.
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Happy trading.!
BTC on important zone, Long and Short IdeasBTC is doing a big range, little triangle inside big one has 50% chance to broke upside, 50& chance to broke downside.
Downside broke dont invalidate current trend unless it does a lower low.
Upper red line is 200 EMA DAILY.
Green Line is Range Support.
Targets in blue lines.
Regards and safe trade.
Engineer Alexa.
Strong possibility of BULLISH Future for EURUSDRead The comment boxes on these charts that i have put out for you. EURUSD in my belief could be gaining enourmous strength over time and price rising thousands of pips over the next few months, and we are now at the beginning breaking point of this possibly huge uptrend.