long position vs short position Hello friends
good afternoon
If breakouts and pullbacks happen, they are suitable for entry in the breakout direction
PEPPERSTONE:GBPUSD
Pullback
Sells on EURUSD from 1,0120We're looking for a possible continuation down on EURUSD and price reaching 0,9950.
We can look for entries once we see a pullback to 1,0120 and then wait for a candlestick confirmation signal.
Stops should be placed above 1,0205 or above the reversal candlestick signal if you want to be more aggressive.
✅CHF_JPY RISKY SHORT🔥
✅CHF_JPY surged again to retest the resistance
But it is a strong key level
So I think that there is a high chance
We will see a bearish pullback and a move down
SHORT🔥
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The PULL On BULL Pair?USDJPY has always been a Strong pair since the early start of 2022, and has shown fewer pull back since the RUS-UKR war.
Regarding current market condition, economy seems to slow down which heavely impacts many through the rapid change in currency market. USDJPY has shown a bull move through last week which i showed in my previous post that would happen which indeed did.
Now the questions stands wether there is will be pull back or not? In my opinion we could see a potential break in the price hense, keeping in mind, it is now it the previous high (POI) zone, which normally grunts downwards but also with the factor of so many factors on first opening day of the week it may show another bull move before a pull back.
But, Again, this is only Theory and yet to be proved which would also describe my ability in the market to analysis. now i will post for other pairs after this post. hope you see them.
thanks
S&P 500 Possible Gap Fill Based On Price Action OnlyDescription: According to historical price action market data market like to fill gaps from 2000 to 2003 and from 2007 to 2009 and 2019 to 2020 as you can see all previous gaps was filled, but this gap has been never fill and now is possible to be filled. The same price action is on others index and stocks
Possibility but is not guaranteed: If all this index and stocks decide to fill all this gaps the following is possible to happen but is not guaranteed
3 Examples: Dollar Index: 35.34% UK100: 75.64% Apple: 92.51%
Examples: You can use Facebook and PayPal as an example or historical price action market data as examples for a gap fill which happened this year.
Warning: This is not a Financial Advice nothing is guaranteed I am not a financial expert or financial adviser I only share my opinion
BITCOIN SHORT!!🔻📈As u can see this support level is so strong, as back in past this same line pumped the prices, but the candles dont really look gud for a pump. Thats why I am recommending a short position if it breaks the level of support.
Short Trade :
Entry Point - 20,600
Take Profit - 18,500
Stop Loss - 2,1011
⚠️NOT A FINANCIAL ADVICE
SOLANA LONG POSITION!!🚀Drawing the parallel line the recent dump has formed a small pullback, but for a safer trading without false pullbacks i would recommend to enter at 38.
LONG POSITION TRADE :
Entry Point - 38
Take Profit - 45
Stop Loss - 34.895
⚠️NOT A FINANCIAL ADVICE
EURUSD broke an important level.Yesterday we saw a break of 1,0121
As we already mentioned, this confirms downside direction.
On a test of the level, we expect a pullback and continuation toward parity.
It should be watch for weakening of that movement and new corrections after that.
More opportunities will come up once the price reaches 1,0200 again.
1INCH - Pullback before the RallyWe have seen relatively strong growth across multiple coins. The short-term consolidation phase might be about to begin. In this case, we'll see a 10-15% pullback across the board. In regards to 1INCH, price should test the key demand area. Then, another wave up is expected.
Back to the bearish trend !The bullish wave ended with great selling momentum, after the price failed to breach the 1.0360 resistance, the price is correcting by testing the 1.0200 level, we are targeting the level 1.010 and the lowest bottom 1.0000
NZDCAD ASCENDING TRIANGLE BREAKOUT?Pair: NZDCAD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle,
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Key Takeaway: Need a break of trend level, already broken vital volume level
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Level needed: need a close by 0.80780
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Trade: Short
RISK:REWARD 1:9
SL: 19
TP: 170
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
EURUSD with another test of 1,0121We are expecting another test of the support that the pair couldn't manage to break below the first time.
If it makes it this time, then it will confirm the idea for a downside move.
In case of rejecting the support again, then we will expect another move back to 1,0200 and another test after a pullback.
Right now, we don't have any clean opportunities here on EURUSD and that's why we prefer to look at other instruments.
EURGBP - IS IN 61.8 FIB LEVEL 📉The EURGBP price is in 61.8 Fibonacci level and in ascending channel 🧐
the ascending channel is broken ✔ the key level is broken ✔
so, i predict a bearish move 📉 i'm waiting for pullback 📉
TARGET: 0.83589 🎯
...
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AUDJPY Short Term Sell IdeaH4 - Price respected a key resistance zone and is bouncing lower.
Bearish convergence.
Currently it looks like a pullback is happening.
Until the key resistance zone holds my short term view remains bearish here.
EURJPY VITAL LEVELS BREAKOUTPair: EURJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern
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Key Takeaway: Seen break of pennant pattern , now need a push past resistance level
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Level needed: need a close by 137.250
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Trade: Long
RISK:REWARD 1:7
SL: 42
TP: 290
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Waiting for a breakout setup in EURCHfIt seems like a good setup for a breakout pullback trade is comming!
A pullback on EURUSD EURUSD bounced of our support ate 1,0120.
This move up caused by this is only a pullback and we're expecting another test of that same level.
This pair doesn't give us any decent opportunities again and we're focusing on other pairs to trade.
GBPJPY BREAKOUT TRADEPair: GBPJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle pattern
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Key Takeaway: Need a break of round number and resistance with strong bullish momentum
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Level needed: need a close by 161.450
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Trade: Long
RISK:REWARD 1:7
SL: 30
TP: 210
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
CADJPY CONTINUATION / PULLBACK TRADE Pair: CADJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern
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Key Takeaway: Need a bounce off high volume level and push down past pennant support
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Level needed: need a close by 103.775
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Trade: Short
RISK:REWARD 1:7
SL: 35
TP: 235
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Without a trade on EURUSD againEURUSD broke below the 1,0200 support yesterday leaving us without a buy setup anymore.
Today, it's probably best not to trade this pair because we shouldn't be buying right now and at the same time we don't have a decent ratios on the selling side.
Right now, we should wait and maybe even find another instrument to trade.
If you want to sell the EUR, then have a look at EURJPY!
AUDCHF | Ascending Triangle with possible breakout and Long
AUDCHF has been in this Ascending Triangle and i have seen a lot of pressure from Buyers to break it...If the price will be able to break this key resistance level then i will wait for a retest and will open Long positions.
Share your opinion in the comments and support the idea with like.
AUDCAD | will continue its bullish movement!
After last Thursday breakout of the descending channel, we are waiting for a succesful retest around the 0.90200 level before riding the next bullish movement.
Share your opinion in the comments and support the idea with like.
