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[Bullish Run Persist]
I don't see how the USDJPY movement will turn bearish this week. I will focus on the buying opportunity at the support at 143.20 or a trendline retest. Both would require a Magic Candle Confirmation before engaging in the... more[Bullish Run Persist]
I don't see how the USDJPY movement will turn bearish this week. I will focus on the buying opportunity at the support at 143.20 or a trendline retest. Both would require a Magic Candle Confirmation before engaging in the trade.
If you are waiting for a counter-trend trade, the Bearish Bat Pattern on the daily chart(right) 149.12 seems like a better trading setup than the AB=CD Pattern.
If you love what you are seeing, remember to follow my only account, raynlim
Live chart:
https://www.tradingview.com/chart/USDJPY/4D2Dbg55-Bullish-Run-Persist/
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Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#USDJPY #trendline #supportlevel #trendcontinuation #trendtrading #harmonicpatterns #countertrend #bearishbat #batpatterns #candlestickpattern #candlestickanalysis #supportandresistance less
https://vimeo.com/839488976
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[Identify Trend, Fast]
This is how I've identified the GBPUSD is going higher than most traders. If you look at the weekly chart, you would have spotted that the candle broke and close above the previous high; that gives me a sign even before it broke... more[Identify Trend, Fast]
This is how I've identified the GBPUSD is going higher than most traders. If you look at the weekly chart, you would have spotted that the candle broke and close above the previous high; that gives me a sign even before it broke the current structure, and I've been saying that for over a month now.
I'm focused on getting the buying on the buying opportunity.
There are 2 buying opportunities I'm focusing on.
A retest on the trendline on the daily chart is needed would be the magic candle confirmation.
A Bullish Gartley Pattern trading setup that confirms at 1.2673.
What are your thoughts on the GBPUSD?
Live chart:
https://www.tradingview.com/chart/GBPUSD/w35vIHNM-Identify-Trend-Fast/
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Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat
https://discord.gg/AKDr9vPqH7
#GBPUSD #bullishgartley #trendline #trendcontinuation #demandzone #support #supportandresistance #harmonicpatterns #candlestickanalysis #candlestickpattern less
https://vimeo.com/839488915
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Channels Recommended for You
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[Dollar Bias!]
My Bias for Dollar Appreciation started on 14 Oct 2021; it has been right after all. The leading trade I'm looking at is a buying opportunity on the 1-hourly chart, left and might keep my final target open and observe the candlestick pattern... more[Dollar Bias!]
My Bias for Dollar Appreciation started on 14 Oct 2021; it has been right after all. The leading trade I'm looking at is a buying opportunity on the 1-hourly chart, left and might keep my final target open and observe the candlestick pattern movement when it approaches its new resistance level.
If you are looking for a counter-trend move, I've something for you. A Bearish Butterfly Pattern that seems to complete at 141.65; in order for this trading setup to complete, the candlesticks pattern must touch 141.51 within the next 2 candles, which means within 8 hours after the market opens.
If you love what you are seeing, remember to follow my only account, raynlim
Live chart:
https://www.tradingview.com/chart/USDJPY/dZ8faKV2-Dollar-Bias/
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Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat
https://discord.gg/AKDr9vPqH7
#USDJPY #supportlevel #trendcontinuation #trendtrading #harmonicpatterns #countertrend #bearishbutterfly #butterflypatterns #candlestickpattern #candlestickanalysis #supportandresistance less
https://vimeo.com/837286042
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[Bullish Trend!]
Finally, with a violation on the GBPUSD Weekly Chart, trend traders can now long the GBPUSD at ease.
I will wait for a retest at 1.2696 on the GBPUSD 4-hourly chart for a buying opportunity.
If you are waiting for a counter-trend... more[Bullish Trend!]
Finally, with a violation on the GBPUSD Weekly Chart, trend traders can now long the GBPUSD at ease.
I will wait for a retest at 1.2696 on the GBPUSD 4-hourly chart for a buying opportunity.
If you are waiting for a counter-trend trade, the safest way is to wait for a violation of the red trendline(left). Then wait for the retest on the red trendline. You have to make sure there isn't any violation after the retest; that is when you can engage the trade after the Magic Candle Confirmation.
Live chart:
https://www.tradingview.com/chart/GBPUSD/MXK9sKN7-Bullish-Trend/
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Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat
https://discord.gg/AKDr9vPqH7
#GBPUSD #trendcontinuation #demandzone #support #supportandresistance #trendline #countertrend #candlestickanalysis #candlestickpattern less
https://vimeo.com/837283680
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[A Closer Look: The Intriguing Factors That Have Sustained My Interest in This Promising Buying Opportunity]
When it comes to GBPUSD, my sights are set firmly on one direction: buying opportunities. The stage is set for a potentially lucrative trade,... more[A Closer Look: The Intriguing Factors That Have Sustained My Interest in This Promising Buying Opportunity]
When it comes to GBPUSD, my sights are set firmly on one direction: buying opportunities. The stage is set for a potentially lucrative trade, and I'm eagerly awaiting the perfect entry point.
On the 4-hourly chart, a retest of the trendline (right) holds the key to triggering a buying opportunity. As long as the price remains above the lowest trendline, a breakout could present an ideal entry. Alternatively, a break and close above the high at 1.2483 (also on the 4-hourly chart) could be the signal to jump in.
Delving deeper, the 1-hourly chart (left) offers additional scenarios for a potential buying opportunity. A retest of support at 1.2421 or a more significant level at 1.2395 could both serve as triggers for an entry.
But why this unwavering persistence? Let's turn our attention to the weekly chart, where a break and close above resistance becomes a compelling catalyst for my bullish stance. Although we remain within the sell zone, I'm already scouting for buying opportunities, anticipating a potential shift in momentum.
Now, what if I'm wrong? It's a calculated risk. I understand that hitting stops is a possibility, but I mitigate that risk by ensuring most of my trades have a profit factor of 2. This means I can maintain profitability with a 40% accuracy rate.
So, as the GBPUSD landscape unfolds, I remain resolute in my pursuit of buying opportunities, armed with strategic insights and a calculated approach to capitalize on potential gains.
Live chart:
https://www.tradingview.com/chart/GBPUSD/U8KYPi0s-A-Closer-Look/
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Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#GBPUSD #channels #supportandresistance #rsidivergence #trendtrading #combotrade #trendtrading #trendcontinuation #candlestickanalysis #candlestickpattern less
https://vimeo.com/828792468
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[Unlocking Profit Potential: Why I'm Holding Out for a Prime Buying Opportunity]
This week, an opportunity has presented itself for a potential buying position on the GBPUSD pair. Two prominent trading setups - the Bullish Shark Pattern and the AB=CD... more[Unlocking Profit Potential: Why I'm Holding Out for a Prime Buying Opportunity]
This week, an opportunity has presented itself for a potential buying position on the GBPUSD pair. Two prominent trading setups - the Bullish Shark Pattern and the AB=CD pattern - have emerged, signalling a potential bullish trend.
While I hold a bullish bias due to a previous break and close above resistance on the weekly chart, I exercise caution and wait for confirmation from candlestick patterns before entering the trade.
This strategic approach ensures that I make informed and calculated trading decisions.
Live chart:
https://www.tradingview.com/chart/GBPUSD/tDHr59n3-Unlocking-Profit-Potential-Why-I-m-Holding-Out-for-a-Prime-Buyi/
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Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#GBPUSD #trendtrading #combotrade #abcdpattern #bullishshark #sharkpatterns #harmonicpatterns #trendtrading #trendcontinuation #candlestickanalysis #candlestickpattern less
https://vimeo.com/826642429
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[How to Trade the Dollar Both Ways - Bullish or Bearish]
US Dollar has been in focus recently due to several factors such as debt limit concerns and bank failures. However, my analysis indicates that the Dollar is still bullish and I'm looking for a... more[How to Trade the Dollar Both Ways - Bullish or Bearish]
US Dollar has been in focus recently due to several factors such as debt limit concerns and bank failures. However, my analysis indicates that the Dollar is still bullish and I'm looking for a buying opportunity at 133.75, provided that the support level holds.
For those who are seeking shorting opportunities, the red trendline could be a potential entry point. As long as the structure remains unbroken, a shorting trade could be considered, with the first target at 133.75.
Whether you're bullish or bearish on the Dollar, there are opportunities to trade it both ways. Stay tuned for further updates.
Live chart:
https://www.tradingview.com/chart/USDJPY/22JFq1OV-How-to-Trade-the-Dollar-Both-Ways/
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Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat
https://discord.gg/AKDr9vPqH7
#USDJPY #trendtrading #trendcontinuation #supportlevel #supportandresistance #countertrend #trendline #candlestickpattern #candlestickanalysis #supportandresistance less
https://vimeo.com/824526930
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[Bullish, Planning to Buy & Hold]
Despite being within the sell zone on the weekly chart, there has been a clear break and close above the previous structure.
This has led me to adopt a bullish stance on the mid to long-term outlook and I'm currently... more[Bullish, Planning to Buy & Hold]
Despite being within the sell zone on the weekly chart, there has been a clear break and close above the previous structure.
This has led me to adopt a bullish stance on the mid to long-term outlook and I'm currently waiting for a buying opportunity on the 1-hourly chart.
The buying opportunity may arise either at the trendline, if the candle touches it but doesn't break and close below it, or at the support level of 1.2556, which could provide another potential entry point for a long position.
Stay alert for these potential opportunities to capitalize on the market's movement.
Live chart:
https://www.tradingview.com/chart/GBPUSD/q87IYFLS-Bullish-Planning-to-Buy-Hold/
/>
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#GBPUSD #trendtrading #combotrades #supportlevel #supportandresistance #trendcontinuation #candlestickanalysis #candlestickpattern less
https://vimeo.com/824523696

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