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BULLISH on NZDCADEntry: .8607 SL: .8575 TP: OPEN (Will be trailing SL) Technicals: Strong Uptrend on the DAILY chart and WEEKLY. Going down to the 4H TF, we see a bounce off major support which is also on the 21 EMA. Fundamentals: Scoring high on the COT data. Retail sentiment showing strong bias to the short side. Retail traders are 70% short. As mentioned previously, often time when retail traders favor one side by over 60%, statistically the pair will move the opposite side.
Long
by ErnieTrades_
GoldViewFX - 4H CHART MARKET UPDATEHey Everyone, Another piptastic day of trading for us with all our chart ideas playing out. We caught the ride up from the retracement zone twice now, as per the levels and pre marled arrows on our idea. LAST UPDATE ON THIS 4H CHART We got our first target on our 4H chart idea at 1922, which is our resistant structure. As stated on our chart, we need to see EMA5 cross and lock above 1922 to open the upper levels. We also advised that If we see this area resist, we will possibly see movement into the retracement range. EMA5 has now failed to cross 1922, followed with the retracement starting to play out now. Although we are seeing the rejection at the 4H chart resistance level , EMA5 has crossed and locked above the channel and the upper levels are also open on the 1h chart, which suggests we are likely to see another retest at this 4H chart resistance level at some point. - (This has played out exactly how we analysed above, with getting the retracement precisely to also identifying the break of the channel, confirming the need for a retest back up. This allowed us to ride the movement up from the retracement range twice - BOOOM !) We will need to see a break above ema5 cross and lock above 1922 on this chart to get another clHean run into the upper levels and our 1H chart idea has already opened the doors above. We will track and trade the movement level to level using our EMA5 cross and lock strategy to confirm the movement and we will continue to buy dips from support levels to allows us to handle and manage swings safely. EMA5 CROSS AND LOCK ABOVE 1922 WILL OPEN 1932, 1941, 1950 and 1964 BULLISH TARGETS 1922 - DONE 1932 - 1941 - 1950 - 1964 - BEARISH TARGETS 1914 - DONE 1905 - DONE 1896 - DONE EMA5 CROSS AND LOCK BELOW 1905 WILL OPEN 1896, 1880 and 1871. SWING RANGE 1854 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
14
SPX500 (SP500)Hello Traders, The first week of the New Year dished out some beautiful setups NFP was released last Friday and the indexes gave out manipulation before we seen extreme bullish pressure once Manufacturing news was released Scenario 1: We would like to see price go bullish then reverse to destroy the equal lows Scenario 2: We would like to see price continue the bullish pressure for an uptrend breaking the Weekly downtrend Big companies announced the cutting of jobs this week. Either way, we will adjust to the market behavior and catch profits. Have a good trading week and remember the fundamentals of risk management and discipline!!
OANDA:SPX500USD
by Skyboxpips
GoldViewFX - Market UPDATEHey Everyone, As you can see this chart idea is playing out as analysed. Yesterday we anticipated further movement down to complete the retracement into the retracement zone on the chart, which gave us our TRAIL TP for our sell. Price bounced of perfectly from the retracement zone and back up into highlighted resistance structure, as highlighted by our arrow. This trade idea played out level to level. The challenge on the resistance structure followed with a sharp drop down leaving targets above open. Any buy positions can be managed once price finds support again, as the overall structure still remains Bullish. We are still keeping in mind the cross and lock above 1919, which has opened the doors to the upper levels. EMA5 CROSS AND LOCK ABOVE 1919 WILL OPEN 1923, 1927, 1931, 1934, 1940, AND 1945 BULLISH TARGETS 1923 - DONE 1927 - DONE 1931 - 1934 - 1940 - 1945 - BEARISH TARGETS 1915 - DONE 1910 - DONE 1904 - DONE 1899 - DONE 1895 - EMA5 CROSS AND LOCK BELOW 1895 WILL OPEN 1889, 1881 AND 1873. SWING RANGE 1867 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX
OANDA:XAUUSD
by Goldviewfx
20
GoldViewFX - Market UPDATEHey Everyone, Fantastic day of trading for us today taking our first sell in a long time. As we cleared some of our Bullish targets yesterday 1923 and 1927, we had a Goldturn form below 1927 level confirming a move into our retracement range that we highlighted Sunday, which was also confirmed with our signal. This is now playing out, clearing 3 of our bearish targets down to 1904. As you have all seen market will always have targets up an down, the skill is in knowing which one to target. Our signals confirmed the activation of the retracement, which allowed us to confidently take the sell. However, our long term plans to buy dips remain in play, as we are still very much in a bullish structure. There is still room for further movement down to complete the full retracement and therefore we will wait patiently for the support and confirmation before buying the dip. We will also keep in mind the cross and lock above 1919, which has opened the doors to the upper levels. EMA5 CROSS AND LOCK ABOVE 1919 WILL OPEN 1923, 1927, 1931, 1934, 1940, AND 1945 BULLISH TARGETS 1923 - DONE 1927 - DONE 1931 - 1934 - 1940 - 1945 - BEARISH TARGETS 1915 - DONE 1910 - DONE 1904 - DONE 1899 - 1895 - EMA5 CROSS AND LOCK BELOW 1895 WILL OPEN 1889, 1881 AND 1873. SWING RANGE 1867 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX
OANDA:XAUUSD
by Goldviewfx
24
🎁Low risk buy position for the GBPAUD with +260 pips profits🧨🔰You can see the analysis of the British pound to Australian dollar currency pair in the time frame of one hour (GBPAUD_ 1H) 🔍💰 🌟Considering that the price has been able to break the Down trend line🖤 and is pulling back to it, if the price can reach the DEMAND zone, it can rise up to the SUPPLY1 zone 🔺🚀 Do you think this analysis can be profitable🧐❓ I hope the analysis was useful for you🤍🌹 ______📈TRADER STREET📉________
Long
by TRADER_STREET
GoldViewFX - MARKET UPDATEHey Everyone, We got our first target on our 4H chart idea at 1922, which is our resistant structure. As stated on our chart, we need to see EMA5 cross and lock above 1922 to open the upper levels. We also advised that If we see this area resist, we will possibly see movement into the retracement range. EMA5 has now failed to cross 1922, followed with the retracement starting to play out now. However, our 1H chart idea (see related post below) has hit the upper targets 1923 and 1927 and also crossed and locked 1919 opening the upper levels. Although we are seeing the rejection at the 4H chart resistance level, EMA5 has crossed and locked above the channel and the upper levels are also open on the 1h chart, which suggests we are likely to see another retest at this 4H chart resistance level at some point. We will need to see a break above ema5 cross and lock above 1922 to get another clean run into the upper levels on this chart. We will track and trade the movement level to level using our EMA5 cross and lock strategy to confirm the movement and we will continue to buy dips from support levels. EMA5 CROSS AND LOCK ABOVE 1922 WILL OPEN 1932, 1941, 1950 and 1964 BULLISH TARGETS 1922 - DONE 1932 - 1941 - 1950 - 1964 - BEARISH TARGETS 1914 - 1905 - 1896 - EMA5 CROSS AND LOCK BELOW 1905 WILL OPEN 1896, 1880 and 1871. SWING RANGE 1854 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
12
USDJPY Trading Plan - 16/Jan/2023Hello Traders, Hope you all are doing good!! I expect USDJPY to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
2
💵U.S.Dollar/Swiss Franc💵Analyze (01/16/2023)!!!U.S.Dollar/Swiss Franc was able to complete a zigzag correction on PRZ(Price Reversal Zone). I expect the U.S.Dollar/Swiss Franc will go up until PRZs. 🔅U.S.Dollar/ Swiss Franc Analyze ( USDCHF ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
2
LONG on GBPUSD For a Swing trade.Looking to go LONG on GBPUSD. In recent times, we have seen the dollar weaken. Looking at the DXY, I see some room for further drop. It is approaching a key level of support at around the 101.5 price when looking at the weekly and monthly chart. This week there is a high impact news for GP releasing their CPI numbers, but it is my sentiment that the market has already priced that in. With this being said, looking at GU, we have seen a nice run-up looking at the weekly and monthly chart. Preferred Entry: 1.2200 Potential TPs: 1.2450 (3.5R) This is based on psychological number and the 4H previous resistance. Runner TP: 1.3145 SL: 1.2120 (80 pip SL. This would be right by the 50 EMA. IF you want to give yourself more room, I suggest 1.2050 which would be at the 200 EMA)
Long
by ErnieTrades_
GoldViewFX - Market UPDATEHey Everyone, As stated yesterday we needed EMA5 to cross and lock above 1878 to open the levels above for a short term target. We got the cross and lock opening the level and had our 1885 target HIT on the nose. Price rejected straight after hitting this target and now found dynamic support on MA84 just above the new retracement range. Although we remain Bullish, as the upper levels are now open, we will remain prepared for swings down for some consolidation to confirm support. We will manage risk accordingly, as we manage swings, while riding this trend. As advised already, we still have a primary retracement range at 1853 and 1857, which we will keep in mind for potential support tests. A break below the retracement range will open the swing range. We will continue to track and trade the movement level to level and our plans to buy dips is still in play, as the structure remains Bullish across all our setups. BULLISH TARGETS 1873 - DONE - RE ACTIVATED - DONE 1878 - DONE - RE ACTIVATED - DONE EMA5 CROSS AND LOCK ABOVE 1878 WILL OPEN 1885 - DONE, 1889, 1896 AND 1904 BEARISH TARGETS 1865 1857 1853 EMA5 CROSS AND LOCK BELOW 1853 WILL OPEN 1849, 1841, 1836, 1833 SWING RANGE 1826 - 1819 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
27
GoldViewFX - END OF WEEK UPDATEHey Everyone, Fantastic finish to the week with our 4H chart hitting its last target at 1906 - BOOOOM!!!! Our EMA5 cross and lock above 1865 confirming our upper levels once again played out to perfection giving us plenty of opportunities to get in for the movement. We traded the movement safely from the dips, all the way upto our target. Our daily chart idea is now in play (see related post below) with open targets above. EMA5 CROSS AND LOCK ABOVE 1865 WILL OPEN 1879, 1895 and 1906 - ALL COMPLETE BULLISH TARGETS 1879 - DONE 1895 - DONE 1906 - DONE We will now come back this weekend with our multi timeframe analysis and trading ideas for the coming week with updated targets and retracement ranges. Please don't forget to like, comment and follow to support us, we really appreciate it. Have a great weekend all!! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
14