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Trendanalysisexplained

AMZN: Bearish setup!!!Amazon, Inc look very interesting to short in weekly timeframe. So, I love to trade stocks in big timeframe as the big benefit it's the patience and trade in big timeframe we could to earn a lot money in medium to long term and being disciplined. So, I'm analyzing that Amazon look bearish in weekly timeframe that we could to get benefit trade in bearish trend. Also if you trade in Daily, still bearish. I like to trade stock and crypto in over Day timeframe and also swing trading are the best strategy to do, for me. So, I'm bearish in Amazon, as the same stock market and cryptocurrencies. Good luck!!! Remember,I have another account to trade stock and crypto market, but I have another account just to trade Forex. What we could to get good benefit for our investment.
NASDAQ:AMZNShort
by harisonhbn9718
CAD/CHF: bullish envolving patternI this update as I do in the comment box in CAD/CHF where I was shorting. My bearish movement was a good expectative, but price action show us a bullish envolving pattern that you must to be carefully, because in that point we're in the market reversal. Also, I want to share in H4 that we're in the bearish channel, and also we forming like a descending line that in any moment as we see a bullish signal, we could to break-up this market structure in this par, and this it's look very interesting to trade in long position. This it's the descending line that we could to see better in this zoom up. So, at the moment, I'm in long position from this morning that I update my position in the comment box in CAD/CHF where I was shorting very good and at least I get 2.60% in profit in this trade with 27 pips in profit. But not bad, but I see that CAD can to strength now. Technically, we see 2 point to be pending in $0.7558 CHF and $0.7390 CHF. My Stop Loss it's around $0.7269 CHF and take profit until $0.7390 CHF. Good luck!!!
Long
by harisonhbn9718
8
CAD/CHF: Bearish continuation trendCanadian Dollar/Swiss Franc look very bearish in H2 timeframe. So, as I made an shortly analysis, so we would need to hope in the few minutes if this live price it's a good opportunity to short now CAD/CHF and using Fibonacci retracement. If in H2 timeframe the price closed down with bearish signal, we can to entry to shorting CAD. Now, I want to talk my improve technical analysis in CAD/CHF, what we see an interesting bearish channel, what if we see very good, it's a good time to short in the bottom of this channel until $0.7260 CHF. So guys, I will pending in few minutes to know it it's a good time to short CAD/CHF. Good luck!!!
Short
by harisonhbn9718
3
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
GBP/AUD: Review!!!This it's my last review that I will make now. So, during the past week I trade GBP/AUD to long position. Also, I was in profit like 99 pips equal of 5.67% in profit. But I loss 2.96% in this trade. Also to work a little more in this analysis, I found out 2 points to work in my experience. 1. When I believe that GBP/AUD forming a double bottom, and I cached very good the smart buy zone. I suppose to be pending in the formation of the price when we see a bearish pressure. in the higher point whrere I was in profit, I supposed that at least I can to get like 60 or 50 pips in profit. 2. The most important it's update our technical analysis, If I made a good entry in the smart point when I was in long. It's suppose to be a little more cautious when GBP it's in the bearish trend. And suppose to look in H4 to watch this analysis When we see this bearish line diagonal, it's a moment to take profit from this point when I was in good, and then closed up the long position, as opportunity to short in the exact point here. But my analysis was there, and I don't update and draw the bearish line that follow the downtrend. ] So, it's the only mistake that I found out. Also, I was in profit in this par, but keeping the trade as look bullish by double bottom, it's necessary to work a little more this analysis to apply in my experience. What my result was a lost of 2.96%. Now, talking about in this week. I only get an earned of 4.33% in GBP/USD and loss in 6.66% in AUD/CAD and now another loss of 2.96% in GBP/AUD. So, in this week, I get -5.29% in loss, what in my monthly progress still in 17.99% what my account decrease -5.29%. What it's mean that I hold 12.70% in profit during this month in September. But well, my monthly goal it's to reach 20% as minimum target in my investment in Forex market. Now, we're human and we're not perfect, everyday we would to work hard in Forex market. So guys, nothing it's everyday a good streaks, sometime we have bad streaks. Now, on this week we hope more opportunities in Forex market to view!!!
Short
by harisonhbn9718
2
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
EUR/USD: Review!!!During this week, I made an analysis on Euro/Australian Dollar, when I said that Euro will climb up following my past analysis link to related idea, what I made a very good analysis. But I dont entry in this trade as I was in another. But now, at the moment, my prediction was correct when I said that Germany (The largest economy in whole Europe) do and European Union to rescue the countries they to one shield energy customer and businesses from this inflation in the energy crisis. what I found out it's that Germany Government make an investment of 65 billion (Euros) on shielding energy customers and businesses from soaring inflation and $95 billion (Euros) the amount allocated to inflation busting since the Ukraine began in February 2022. Another data show that Germany has spent over 300 billion (Euros) on propping up the economy over the past 2 years of the covid-19 pandemic. So this movement was bullish in Euro, but I rate this trade very good analysis. Now, to have another perspective, we see a bearish harmonic pattern ABCD formation, what it's look very interesting to short Euro in the 0.782% Fibonacci after this drop, and technical analysis identify a bullish divergence.
Short
by harisonhbn9718
2
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
GBP/USD: Movement lead by newsAt the moment, we see that the new Britain Prime Minister Mrs. Lizz Truss take the position as Prime Minister in UK. But the fundamental analysis in based in her clues show that she want to cut taxes, tight the UK labor market, and also she want to make a public spend to work the activity in the UK economy. But I'm very concerned that if she going to make a lot public spend and want to toughen the ahead of the UK economy, central bank and UK politic and international trade. So, I find up a trouble that in Sterling Pound, but more in the public spend that she comment and said that. But UK economy could to drag as we know that we have a high cost of living, high inflation and consumer not good. So, Mrs. Lizz Truss could to leave UK economy in the dark future and Pound could to sink like "Titanic" . This it's my insight that I found out. And also, I consider that this woman it's a bad option that will conquer the economy and sink it. There're a lot information to read and study it this current situation what happen from yesterday in the uncertainty politic. But now, I made a sell order entry in the market price in the morning in $1.1574 USD. Stop Loss to $1.1638 USD and my take profit fixed to $1.1375 USD. But I see a bearish setup from this point that I'm shorting, and also this was a good place that I made an analysis in my iphone. This it's the H4 timeframe perspective!!!! And we're in the bearish movement At the moment, this it's my 2nd analysis in this week, and I was traded AUD/CAD but continue in the bearish movement, what I loss this trade -4.77%. But at the moment, I recover this lost in this par GBP/USD over 5% for now. So, I will hold this trade until $1.1375 USD. Good luck if you're shorting GBP/USD in my iphone simple analysis.
Short
by harisonhbn9718
6
EUR/USD: Movement by fundamental analysis!!!Fundamental Analysis: ***1) Germany, Europe's largest economy, is still on course for a recession even with a new government plan to spend 65 billion euros ($64.49 billion) on shielding energy customers and businesses from soaring inflation, economists say. 2) The latest package brings to 95 billion euros the amount allocated to inflation-busting since the Ukraine war began in February. By contrast, the government spent 300 billion euros on propping up the economy over the two years of the pandemic. 3) European gas prices surged, stocks slid and the euro sank on Monday after Russia halted gas flows via a major pipeline, sending another shock wave through economies in the region still struggling to recover from the pandemic. 4) European Union governments are pushing through multi-billion euro packages to prevent utilities buckling under a liquidity squeeze and to protect households from soaring energy bills. 5) Europe has accused Russia of weaponising energy supplies in retaliation for Western sanctions imposed on Moscow over its invasion of Ukraine. Russia blames those sanctions for causing the gas supply problems, which were down to a pipeline fault 6) European stock indexes fell on Monday, the euro dropped below 99 cents for the first time in twenty years and European gas prices surged after Russia said its main gas supply pipeline to Europe would stay shut. 7) European gas prices jumped as much as 30% as the market opened, and Germany announced on Sunday around $65 billion of support to help protect Germans from rising costs. 8) Finland and Sweden also announced plans to offer liquidity guarantees to power companies. Finland's economic affairs minister warned of the possibility of "kind of a Lehman Brothers" in the energy industry, referring to the 2008 collapse. 9) The euro zone is almost certainly entering a recession, with surveys on Monday showing a deepening cost of living crisis and a gloomy outlook that is keeping consumers wary of spending. 10) Germany's services sector contracted for a second month running in August as domestic demand came under pressure from soaring inflation and faltering confidence, a survey showed on Monday. 11) Euro zone business activity contracted for a second month in August as demand sank, with customers wary of the deepening cost of living crisis and gloomy economic outlook curtailing their purchases, a survey showed. ***12) The European Central Bank meets later this week, and is widely expected to raise interest rates given inflation is rapidly approaching double digits in the Eurozone and the policymakers have become worried about high prices becoming firmly entrenched. 13) The euro sank below $0.99 to a new 20-year low on Monday after Russia's halt to gas supplies down its main pipeline to Europe heightened fears about a deepening energy crisis across the region. 14) ECB officials will be keen to see the euro, which has lost around 8% of its value in the past three months, stabilise. That will feed into the desire to try to tame inflation through tightening policy. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- So guys, what I found out it's that Germany Government make an investment of 65 billion (Euros) on shielding energy customers and businesses from soaring inflation and $95 billion (Euros) the amount allocated to inflation busting since the Ukraine began in February 2022. Another data show that Germany has spent over 300 billion (Euros) on propping up the economy over the past 2 years of the covid-19 pandemic. Now, European Union are pushing through the Multi-Billion plan packages to rescue and prevent utilities buckling under a liquidity squeeze and to protect household from soaring energy bills. At this point, we see a bullish side for Euro currency in this fundamental analysis what Germany (The largest economy in whole Europe) do and European Union to rescue the countries they to one shield energy customer and businesses from this inflation in the energy crisis. But in other hand, we see a bearish fundamental that EUROPE has accused to Russia of weaponing energy supplies in retaliation for western sanction imputed on Moscow, over its invasion of Ukraince, Russia blames those sanctions for causing the gas supply problems in whole Europe. ***European Central Bank will make a meeting about interest rate decision in this week on this Thursday and expect to raise 1.00%. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Now, talking about technical analysis, I'm bullish in based the bullish side that appear very optimistic for Euro currency. Now, we're in this bearish channel, and we formed a bullish divergence in the RSI and price action too. What we could to expect a possible long position from this side, what we can't to trade until we see a smart point to buy in $0.9920 USD or the break-out of this bearish channel, what it's better to be disciplined and patience until this trade develop, but has a bullish side. So guys, at the moment, I don't see a trade yet until hope our best buy zone. I hope that this perspective have your idea to long in Euro at favor by fundamental analysis. So, we know that Europe it's in the recession, but today it's appear good bullish side that we could to see in the Europe largest economy that it's Germany and European Union. And also on Thursday the European Central Bank will make an interest rates decision and expect to raise 1% in this week. So guys, in this week, there're a lot to read in United Kingdom that we have a new Prime Minister that I'm very interesting to analyze some Sterling Pound and know my perspective why I' see a dark future in it. I will keep update this par!!!
Long
by harisonhbn9718
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/CAD: Review!!!U.S. Dollar/Canaidan Dollar was a very good trade that I found out that was bullish and after that I was in bullish, changed to short and then the price continue up as was bulish sentiment. What it's pass me like in USD/JPY, Well, I dont get any earned or loss, as I closed up this trade. But that passed like USD/JPY and very similar that I will need to work better this pars and the same advice for me, keep long position and hold this position until develop this trade and movement, and being disciplined and patience when I knew in my first that was a long position. So, USD.CAD still bullish and I entry around $1.3097 CAD and SL to $1.3044 CAD and was on August, 31, 2022. But well, the same as USD/JPY, I would need to be patience and disciplined, the only advice for me to work better my analysis in USD/CAD, and USD/JPY.
Long
by harisonhbn9718