tradiingaxis

2022-08-31 17:16:16 US500 > The Best Place for A Buy Entry!!

Analysis of #US500


The SP500 , US500, might keep going down to test its trendline support level , also previous swing high, and Fib 0.618 level which all complete at a strong key market level 3900.

if the market indeed drops to 3900, if I see a bullish reaction I will look to enter buy if the rules for entry are met and

https://www.tradingview.com/i/c6OeoXTg/ Open / Comment

2022-08-31 16:58:49 XAUUSD > Big Bullish Harmonic Bat Pattern for A Buy!

Analysis of #XAUUSD


following up on my idea for XAUUSD , the market as you can see dropped as I expected, no I am waiting for a further drop to the downside near 1700-1695.

if the market drop to 1700-1695 it will complete the big bullish harmonic bat pattern , near a strong demand zone to provide a reason to get in a buy trade

https://www.tradingview.com/i/PvysHrEu/ Open / Comment

2022-08-31 16:48:24 USDCHF > Possible Trend Continuation Soon!

Analysis of #USDCHF


the USDCHF has a beautiful uptrend as you can see on my chart, the market now testing a key market level near 0.98000, and I expect the market to reset its trendline.

If the market comes back to my trendline support will look for a reversal pattern at trendline support to get in a buy trade for trend continuation to the upside

https://www.tradingview.com/i/9HmtLgfg/ Open / Comment

2022-08-30 13:16:09 GBPNZD > Bullish Harmonic Gartley Pattern!!

Analysis of #GBPNZD


The GBPNZD in the process of completing a shallow bullish harmonic Gartley pattern might complete near a strong demand zone .

If the market completes this bullish Gartley pattern, I will wait for the market to push further down and enter at a better level near my structure support zone, also strong demand zone

https://www.tradingview.com/i/7bFpuYHD/ Open / Comment

2022-08-30 12:51:20 GBPUSD > The Best Place for A Sell Trade!!

Analysis of #GBPUSD


Analysis of #GBPUSD



the GBPUSD is now at a weak resistance level for a sell entry, we can wait and see if the market will provide a confirmation here to get in a sell entry to get it.

If the market continues up from here we can look to sell at the next best level, near strong resistance level , near 1.1900.

https://www.tradingview.com/i/7WFp99yD/ Open / Comment

2022-08-29 22:20:54 i am getting many questions about JPY pairs, I will try to explain my view, hopefully, you won't see it complicated.

lest look at Japan's inflation, almost 3%, BOJ said they will not increase the interest rate, as they don't have to.

EUR, the ECB is forced to increase the interest rate to combat inflation
USD, the FED is forced to increase the interest rate to combat inflation

from the above, we have a clear view of what currency will be strong, right?. and the same can be said about NZDJPY, AUDJPY, and CADJPY.

In trading there is a saying, that the trend is your friend, the JPY trend is to the downside, and the wise choice is to sell YEN whenever you have a chance, don't go against the trend, unless the chart provides a very strong setup.

Like you have a strong structure, with a strong key market number, and Fib extension, reversal pattern and harmonic pattern all at the same entry point

the last thing, when fundamentals are very strong and leading the market, chart analysis will not work on its own, you need a mixed analysis of both analysis and technical Open / Comment

2022-08-29 22:01:51 EURJPY > Alternative Idea for A Buy

Analysis of #EURJPY


another way of looking at EURJPY , is now we have a confirmed breakout to a strong resistance level , we can look for trend continuation entry if the market follows what it usually does, to retest the previous structure.

if the market comes back and tests the previous resistance level which now is a support zone , it will make a good level to look for a buy entry, for a chance of trend continuation

https://www.tradingview.com/i/q6FzV4YK/ Open / Comment

2022-08-29 19:59:40 EURJPY > Beautiful Big Bearish Harmonic Bat Pattern!!

Analysis of #EURJPY


It is important to keep this chart on your radar, I have been watching the beautiful big bearish harmonic bat pattern evolve, and it might be complete soon.

this Bat pattern might complete near a strong structure support level, also 142.00 key market level, to provide a good reason to sell the market if the rules of entry are met


https://www.tradingview.com/i/yXM280ka/ Open / Comment

2022-08-29 19:59:06 someone asked about GBPAUD.

Here is my view, but i am not taking a trade here, the trend is to the downside

https://www.tradingview.com/x/Mz6q0ne6/ Open / Comment

2022-08-29 18:25:04 someone asked about GBPJPY,

tbh, its very ugly chart, doing nothing, and look at those ugly candle wicks

https://www.tradingview.com/x/AlkFBsPz/ Open / Comment