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Bullishsetup

USD/JPY: Where to bought!!!In this analysis, I make an analysis in USD/JPY that I believe that in based the technical analysis. I'm still bullish in USD/JPY. What we could to find down a good level to bought like $141.76 JPY, and also if in case that make this break-out of this higher lower. What it's important to hope the next opportunity and not trade yet. Also I want to share in H4 timeframe that we're in the 0.382% fibonacci. Also, I study a lot this par and become the most volatile par in Forex market, what sometimes we would to develop a tolerance in this par and analyze very well to develop a successful strategy. I'm still bullish in USD. ***Tomorrow will be the U.S. Consumer Price Index, and this report it's where investor hope to know this data to trade widely. Fundamental Analysis in U.S Dollar: 1. Dollar fell to it's lowest level in about two weeks agains a basket of currencies on Monday following recent strong gains. 2. Investor sentiment grew up into the nervous ahead of U.S inflation data as FED appeared to increase interest rates. This data show a concerned in the U.S. economy into the risk to curb like a reccesion. ***3. The U.S. Consumer Price Index report will due tomorrow to know and get clues on how aggressive the FED may need to be in hiking interest rates next week to fight high inflation in America. 4. Joe Manimbo, senior market analyst at Convera, He believe it's been a break in the dollar relentless rise, waht behind that its an improved risk sentiment. 5. U.S. Consumer Price growth is expected to decelerate slightly in August with analyst citing a moderation in soaring energy that previously contributed to driving inflation very high since 40 years ago never see in America economy Keep update!!!
Long
by harisonhbn9718
GBPUSD Long Trade SetupA bullish opportunity recently presented itself on the pound-dollar trading chart. This follows from the bullish harami candlestick pattern which printed just above the 1.14000 psychological level. A stop loss below the same psychological level and a profit target anywhere between your entry and the swing high of 1.22956 could give you a reward-to-risk ratio as high as 5 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades. Rooting for you! Your FX Plug FX:GBPUSD
Long
by charles-okoukoni
I expect a major crash in Cardano priceCardano still in this consolidation since May 2022. But, this it's not an accumulation zone, I see that bulls are trying to fight, but bears are taking control into this downtrend. And remember that FED it's very crazy to tight the interest rates and value of U.S. Dollar, what we expect a major crash in ADA. So, I look first that this it's a re-distribution zone where we're in the bear market, and sometimes this look like the end of the bear market. But to know when the bear market ending, it's very necessary to have in mind the macroeconomic and microeconomic aspect to know what happen in the global economy. During the years I found out that cryptocurrencies make their movement what Forex market do, and sometimes as crypto-trader we could to take advantage reading everyday Forex market to take a perspective to trade cryptocurrency very well and choose some pars to trade. But I'm very interesting to learn about this correlation that crypto and forex show. But talking about in weekly timeframe, I expect a crash that could to carry the price to $0.23 cents approx. Also I'm note that Cardano forming a symmetric triangle in Daily timeframe that it's look very interesting to check out. I'm still bearish in weekly timeframe!!!
BINANCE:ADAUSDShort
by harisonhbn9718
3
Ethereum forming a bearish channel explainedEthereum look in the exact point and very interesting to short and put a sell order place. I like to trade cryptocurrencies in H4 timeframe or above, but based in Daily focus. So, Ethereum formed a bearish evolving pattern, what we could to see that this will be the new higher low of the previously them. And a formation of bearish rising wedge, Ethereum could to explode this movement to the downside very soon. What I will put a sell order place to $1,600 USD, Stop Loss to $1,722 USD and take profit to $1,356 USD. So, this it's a risk/benefit of 1:2. It's a good proportion to short Ethereum from this point. So guys, if you're interested to short cryptocurrencies, I suggested you to be very focus in Forex market first as Forex market make movement very correlated with financial market, cryptocurrencies it's an attractive world if you know how to trade crypto-assets and become a trader in cryptocurrencies could to help you if you combine your talent with Forex market and take this understanding how this market work in correlation with Forex. I hope that this idea support you!!! For me, Forex it's an easy market to trade, if I can to trade Forex, I must to trade cryptocurrencies. Trading it's a lot practice than theory, guys.!!!
COINBASE:ETHUSDShort
by harisonhbn9718
GBP/USD: Review!!!I traded GBP/USD in my first short position. And also, I made a very good entry in the smart point. And I was in profit with 173 pips. But now, GBP/USD WAS INTO THIS Bullish channel flag that I look, and break out very good, but I don't closed up in the grant bullish evolving pattern, what I closed up my short in $1.1536 USD, and my short entry price was $1.1574 UD. What in this short trade I get 43 pips in profit, equal of 4.33% in profit. Also to comment, when I closed up this short trade, I had a long perspective that GBP/USD could to up, what my prediction was very good, but never the price goes my my buy pending place in $1.1490 USD, but my direction was very good, what if I get this trade and touch my buy order place. So, my profit will be 121 pips or 12.10% in this trade. But after that GBP/USD continue climb up, so I cancelled this trade as never goes to my pending order. But well, the only profit that I get was in my short trade, also I was very good in this trade in short, what GBP/USD was so near to take my profit for only 33 pips more down. But the only that I want to work a better it's when I see a bullish evolving, the same for the bearish trend when we see a bearish evolving, its time to take decision to closed up and keep away of this trade when price action speak me that there're a change of trend in the price fluctuation. But, well, not bad, and also my both analysis in short and long was very good in GBP/USD. And for long position, when I take this place, so I don't see any negative comment in me, but so it's very normal that somtimes the price continue up without activate the pending order at favor of the trend. So, as my monthly ROI was in 11.33% and sum only 4.33% in profit. So my account grow to 15.66% in profit during this month on September. Now, if I decide to trade GBP/USD, we could to see a formation of Shoulder Head Shoulder inverted, what the next movement could be bearish in GBP/USD to look a strong resistance in a key point to watch
Short
by harisonhbn9718
6
AUD/CAD: ReviewMaybe, this par was very bad when I analyzed, because as I was very focus in H4 timeframe, I was bullish in my first trade in AUD.CAD and the price down ant took my SL and loss -3.12% in this trade, so AUD/CAD continue down. This was my past analysis in H4, but I learn that if this trade look that has a lot support to watch, and also if look very complicated to analyze, I believe that I suppose to analyze better in H1 than H4, because in H1 look very bearish than H4 timeframe. But I fix this analysis in H4 and this it's very simple and classic than using the previously screenshot to analyze it. As I fell in both trade, first in long and then in short. But more in short as I fell in this trade, but as also on Thursday at night, I was in short, but maybe hour of midnight, we see a formation of this bullish evolving pattern and I was liquidated and loss another -3.54% in this trade. Maybe, this trade was not good for me as I made a bad analysis that I will need to work a little more in this par, as if I see a par like this, it's better don't complicated a lot draw, the analysis will be simple and classic what I look to prevent this fell. But now, it's very normal that not always I will get positive streaks, as everyday we learn something new in our life to work better. Nobody born to win, if you don't lose firs and learn of it. So I have a loss of -6.66% in this trade. So, as I had 17.99% in profit during this month. My account using this formula 17.99 - 6.66% = 11.33% in profit during this month on September. So, my earns in this month drop to 11.33%. But not bad!!! So guys, I learn in this par that to make a technical analysis, it's very important to be classic and simple, and not very complicated to trade it as I fell in my first trade that was a good point to look more. And well, if i decide to trade AUD/CAD, well we see that maybe could to continue up after this break-out and look target to $0.8989 CAD. I will add my 2 link of my past analysis in AUD/CAD.
Long
by harisonhbn9718
GBP/USD: Buy pending placeAt the moment, I don't see that from this level a drop, I look a bullish setup, so, as I was in long position in $1.1520 USD and hit my Stop Loss in $1.1475 USD where I loss 5.03%. But now, we can to see a long position from this level of bought zone. But the movement in this morning it's supposed to continue bullish, but was manipulated. Now, we see a double pull back formation in this zone what we could to find up bought. Now, talking about H4 timeframe, the price still bullish and following the RSI bullish divergence formed. So guys, I put a new buy order limit in $1.1490 USD, Stop Loss in $1.1436 USD and take profit to $1.1610 USD. Good luck!!!
Long
by harisonhbn9718
GBP/AUD: Double Bottom; pull backGreat Britain Pound/Australian Dollar forming an interesting Double Bottom here, and right now, the price it's making a pull back in this zone. Talking about the H1 timeframe, we see that GBP/CAD look into this bullish setup. I draw this diagonal up line that mark a psychological point that we couldto put a buy order place in the smart zone. For me, I'm very sure that GBP/CAD forming and ending this pull back confirmed to long position. I put my buy order place in $1.7024 CAD, Stop Loss to $1.6977 CAD and take profit to $1.7226 CAD, also I suggested when GBP/CAD in this way in the up trend, it's necessary to monitoring this trade if we see any rejection in the half of this way. Based in H4 timeframe, we're in the bullish setup right now and GBP/CAD can to reach this reaction zone in $1.7236 CAD approx that I mark using block orders to analyze it. So, that it's all for this analysis what I see. I hope that this idea support you and trade this opportunity in Forex market for this week.
Long
by harisonhbn9718
1
AUDUSD Long Trade SetupA bullish opportunity recently presented itself on the aussie-dollar trading chart. This follows from the bullish engulfing candlestick pattern which printed just above the 0.66800 psychological level. A stop loss below the same psychological level and a profit target anywhere between your entry and the swing high of 0.71403 could give you a reward-to-risk ratio as high as 5 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades. Rooting for you! Your FX Plug FX:AUDUSD
Long
by charles-okoukoni
AUD/JPY: Review!!!This it's my last review of the past week in Forex market. I'm review Australian Dollar/Yen Japanese where I traded this par that i Founded an excellent opportunity to long AUD/JPY. Also, I don't see any mistake that I do in this par, as this par I made a perfect entry in the buy smart point and I got 111 pips earned or equal as 9.86% in profit. This trade was excellent what I founded in the past week buying in the reaction of support as I show you in the blue arrow and smart point. So, this was a excellent trade without talk about it much. This it's the H4 timeframe where I made an analysis in AUD/JPY. ____________________________________________________________________________________________________________________________________________________ So, now as I ended this trade in the past week with +9.86% in profit. So, I said in the past review in GBP/AUD that I will post below of this comment in the link to related idea, that I had 8.13% in profit in this week following in the excellent analysis that I made in EUR/AUD, So with now 9.86% in profit in AUD/JPY. So, in total that I made in this week 8.13% + 9.86% = 17.99% in profit. So, I made in the past week 17.99%. That it's a very good percentage that I made in the past week and also in my fist week on the month that I starting September very good with 17.99% in profit. Nice setup!!! So guys, my monthly goal it's minimum 20%. So, I have left of 2.01% to reach this goal. What I been accumulating 17.99% in profit in Forex market. excluding the crypto trades that I don't trade in the account with Forex, did you know in other account. But that it's nice. So guys, this it's my last review and I will starting to trade Forex in the next hours. Good luck!!!
Long
by harisonhbn9718
USD/JPY: Review!!!U.S. Dollar/Yen Japanese was a trade that I was longing, but I closed up this trade in the past week. And also, it's my 2nd time that I closed up a trade when I knew that U.S. Dollar has a bullish perspective by fundamental news, that I believe that I will to be a little more patience and disciplined to trade and don't closed up when the fundamental analysis lead the Dollar bullish. That it's my only mistake that I found out, the same as USD/CAD that pass the same like USD/JPY in the past week. The movement was bulish as I knew it as perspective that Dollar goes strengthen in this week. But I don't earn much as loss much, what this trade was neutral to consider any earned or loss. But this could be a pretty good this trade if I only keep holding to long when I knew it when I was in long in $137.47 JPY and putting this order place in the good zone to bought. But nothing, in Forex for that, I make a review to fix any analysis what I do and take evaluation of it.
Long
by harisonhbn9718
1
CAD/CHF: Review!!!Canadian Dollar/Swiss Franc was a Forex par that I Analyzed in htis week, but I don't trade it. But the movement was very good as I predicted bought in the msart point, also we see like a double bottom formed in H4 timeframe here: Well, in case that you trade CAD/CHF, it's ok if you get like 90 pips, but the trade was very good to talk here So guys, I don't touch this trade to talk, but my prevision was very good. And any to talk it's about that I was disciplined and patience when this trade was developing to make a liquidation toward the smart point to bought.
Long
by harisonhbn9718
AUD/JPY: Bought opportunityAustralian Dollar/Yen Japanese forming an interesting bullish setup, what we could to find up bought in Aussie. So, I see a smart zone between $95.00 JPY and $94.85 JPY, i put my buy order place exactly at $94.90 JPY, Stop Loss to $94.55 JPY, and take profit to $96.00 JPY. Also to take in note, we could to forming a possible new harmonic pattern in formation, what we could to get benefit during this dormation. So, in H4 Aussie still strong in front of Yen. So guys, Aussie look very secure to trade to long, i hope that this idea support you!!! Good luck!!!
Long
by harisonhbn9718
3
EUR/AUD: Buy Order Place in the smart zoneEuro/Australian Dollar look bullish as the same like Euro/Canadian Dollar. They've a lot correlation. but technically, Euro its's look bullish in front of Aussie. What I will put a buy order place to $1.4444 AUD. Stop Loss to $1.4395 AUD. And take profit to $1.4623 AUD. This it's an opportunity of 181 pips. But now, it's very important to identify the smart point to put a buy order place and not now as we could to see the following movement in the blue arrow as example and model to watch in the next hours. But we hope this trade that activate our target. We see a bearish channel, but we're in the bullish side, but now, we can to use our resistance line and in other way we see the same situation that price want to react in it. So guys, I hope that this idea support your technical analysis, and beware, we're in the clearly bullish side, and not bearish as I thinking in the monring.
Long
by harisonhbn9718
4
USD/JPY: Bullish continuation with some perspectiveU.S. Dollar/Yen Japanese look bullish by fundamental news what Federal Reserve do in the economy. But first, I will talk about this trade, I made an entry in the morning when I see this bullish evolving pattern, but yes, I had a sell order limit that was hope to being activate, but I change my mindset and my focus what I see. I believe that USD/JPY could to forming a possible mini consolidation like consolidation with bullish perspective Now, I keep this analysis in my mind as I see the following movement, the Dollar could to reach until $139.37 JPY, but this it's look like a possible market trap in this zone to update, what if we're in long, we would to be prepared in case that this zone become a manipulation zone to take in note how this movement work in Forex market. As I made an entry around $138.46 JPY and if we take profit to $139.37 JPY, So, we could to get until 90 pips approx. that this will be an earning of 7.23% in this trade. But I'm watching with very carefully like tomorrow as this could be the high point to put in short and waiting any bearish signa from this point. But now, by the contrary, I continue bullish by fundamental news in U.S. Dollar. Now I have fixed my target to $140.00 JPY, with some perspective to watch the key resistance at $139.37 JPY. But I'm in long, in case that if we break-out this resistance with a strong bullish candlestick, we wouldn't to concern any bearish signal. But at the moment, I'm in profit with 32 pips in profit for now. What happen in the U.S. Dollar about fundamental news: 1) Federal Reserve continue hiking interest rates as Powell told 2) Edward Moya believe that if Americans have options to get employed, the Fed can ignore the rapid deterioration with the other economic releases." 3) ***Other data showed a bigger-than-expected rebound in U.S. consumer confidence in August after three straight monthly declines, which is potentially a positive signal for consumer spending. 4) ***The number of job openings in the U.S. unexpectedly rose slightly in July, hovering under a record high reached earlier this year, in a sign that labor market demand in the world's largest economy remains robust despite aggressive Federal Reserve interest rate hikes. 5) US consumer confidence rose by more than forecast in August to the highest since May, suggesting that Americans are growing more optimistic about the economy amid falling gas prices. 6) The Conference Board’s index increased to 103.2 from a downwardly revised 95.3 reading in July, the first increase in four months, data Tuesday showed. The median forecast in a Bloomberg survey of economists called for a rise to 98. 7) Today, we have the result of 2 event today in our economic calendar, what U.S. Consumer Confidence raise 103.2%, indicating optimistic what consumer spend, that look bullish sentiment. And 11.23 million open new jobs in US, indicating strong labor market in US. So, this it's my 7 points to take in note based why I'm bullish by fundamental news in USD. ***Also, it's appear that European Central Bank want to tightening the interest rates in Eurozone what I read recently in blogs, that this it's another point to view that Europe could to identify their economy I hope that this idea and fundamental analysis support you!!! Goodl luck!!!
Long
by harisonhbn9718
3
EUR/CAD: Change the trend confirmedEuro/Canadian Dollar look bullish in H1 and H4 timeframe. Now, I will explain very well what happen in each timeframe in my way We se a bullish divergence in the RSI in H4 timeframe, and the price look bullish in this side. Also, we are in the resistance zone around $1.3055 CAD, but this could be invalided as our key resistance it's around $1.3160 CAD. Because in Daily timeframe as we forming a bullish envolving pattern, the price could to lead to the upside and following in H4 timeframe that look bullish case. i will put a buy order place to $1.2965 CAD, Stop Loss to $1.2926 CAD and take profit to $1.3160 CAD. And this can be a huge opportunity of 195 pips to earn. In H1 timeframe our best support it's around in the previously lower high or in the blue dark zone that it's our best zone to buy and not now as this could be a smart zone to bought I hope hope that this idea support you Good luck!!!
Long
by harisonhbn9718
2
CAD/CHF: Possible opportunity to longCanadian Dollar/Swiss Franc it's one of my analysis that I check out and I was in short, but I loss this trade in the first as I analyzed with my iphone and my iphone I suppose that I can't to analyze it than using a computer or laptop, a better way to see full the chart. Ok, now, so, I believe that Canadian Dollar look strengthen in the trend, what we could to hope that CAD down a little like 40 pips and find bought in the smart zone like $0.7406 CHF, And this bullish movement could to up to $0.7500 CHF. i calculate that this will be an opportunity of 97 pips approx. to find up bought This it's the H1 and I identify a bullish divergence in the RSI, what in this part I was liquidated. But now, I understand that bullish divergence mean change of trend. Now, we expect this opportunity to long Meanwhile, in Daily timeframe it's look that made this break-out of this bearish channel, what bulls are interested to buy. I hope that this analysis support you. i wil keep update when CAD/CHF raise at least $0.7406 CHF, i suggested to put an alarm at this price when hit down.
Long
by harisonhbn9718
EUR/GBP: ReviewEuro/Sterling Pound was a good trade, but I don't catch this long posiiton after that I believe that Euro could to weak, and not pass it. Well, from Monday, I put a sell order place that don't touch my place, but my movement was correct shoritng Euro, and then, I put a short more below, also I predict very well that Euro/Sterling Pound it's forming a bullish divergence in my 2nd update that I made in this week, but that was my mistake, I was in long when I know that Euro will climp, but I closed up my long and open a short at 0.8433 GBP, what Euro could to weak, but I would have to entry later of this another confirmation of bullish evolving what I see now, that i the past hours I'm not in my chart everyday looking Forex par, but we see that. And then, I get a othe loss of 3.33% in this trade. So guys, If I hold my long position as well or if I would have the chance to long position again, so I can to get at least 70 pips in profit or 9% in this trade, but as I fell in this trade for 2 reason: 1) When I knew that this was a bullish divergence, I supposes to hold my long position, and not entry when EUR/GBP was making a little down and then up in my analysis and being a little more disciplined. 2) If not bad if I entry to short if I knew the probability that Euro will weak, but in the past hours I don't checked my trades as for now in the morning, what it's very important to monitoring the trades if there're a change. So, the reason #2 could be more valued than the #1. But nothing, this week I get a loss of -6.38%. But not very bad as I take always my risk management calculated every week. So, I closed up this month with 35.74% in ROI. what this month in August was incredible in total what I trade this month. Then next week, we're in the weekly final of what we have left days to finish August, but now, during the next week I start my September and find up my goal of 20% monthly in my ROI. So guys, in comparison in the past week vs this week was very hard and also what I need to learn a little more it's being a disciplined if I know when there're a change of trend as we see in EUR/GBP by bullish divergence and price action analysis. and be always pending the trades, and I believe that when we trade in the consolidation, sometimes we would need to hope to pass the big events when its very hard to know what will be happening. But nothing, these review that I making it's to learn and apply it for my experience. I know that I'm not perfect, but it's very important to learn about mistakes and how to work everyday to create our original version and bring the world more better and strong forming a team. The lives based in experience and practice, and that it's a key fundament to apply in our mindset. So guys, this it's all!!!
Long
by harisonhbn9718
USD/JPY: ReviewAfter that I trade this par during this week, we see a very hard trade that USDJPY was into this indecision of market and very hard to trade in the consolidation. But not bad, but I closed up my short with only 11 pips earned, this week was hard as a lot manipulation and indecision in the Forex market. But now, talking about my past anaysis,I was in long in USD/JPY on Monday, but in this trade I loss 3.98%. That for me, this was a manipulation day after that U.S. Private Sector of Household drop to 511k vs the forecast of 575k in this week. And also, after this trade, I was shorting from $137.10 JPY in the smart zone, but the price go back to up, indicating a support at $136.40 JPY, also I was in profit like 60 pips shorting Dollar, but remember that this par it's very volatile and one of the par very manipulated in Forex market. But I got 11 pips in profit, what today unfortunately I closed up my short position as we see a very indecision and consolidation forming in USD/JPY. So, as I got 3.98% in loss and 11 pips equal 0.93% in profit, So, in total I had a loss of 3.05% in loss. But now. this it's very natural that this trade was into this consolidation when I had a right insight what I see the Dollar. But I don't going to be anger for it, but every review that I make in my Forex par it's to learn about my mistakes as part of my success, not always we win, we need to have understood to loss. So guys, that it's all my information that I bring you this review, so, I don't going to trade USD/JPY until break up this level, because we forming a descending triangle as possible continuation of the trend that we must to hope.
Long
by harisonhbn9718