2οΈβ£ An interesting pattern is emerging on the #USDJPY chart that is indicating a potential downtrend. As you can see in the chart, we see a clear period of consolidation, forming a symmetrical triangle pattern.
πWhat is it looking like?
β’ The price is forming lower highs and higher lows, contracting into a triangle shape.
β’ Currently, the price is near the upper trendline of the triangle and is showing signs of a reversal from there.
πWhat could happen next?
If USDJPY breaks this symmetrical triangle pattern to the downside, it could be the start of a strong downtrend. We believe it could see a significant drop if it breaks its support level.
β What can you do?
β’ Add USDJPY to your watchlist.
β’ Watch closely for breakout signals.
β’ Keep your risk management in mind and use stop-losses.
This is just an analysis, the final decision will be yours. Always be careful while trading and do your research.
Good luck trading! ππ
#forextrading #marketanalysis #technicalanalysis #downtrend #tradingtips
πWhat is it looking like?
β’ The price is forming lower highs and higher lows, contracting into a triangle shape.
β’ Currently, the price is near the upper trendline of the triangle and is showing signs of a reversal from there.
πWhat could happen next?
If USDJPY breaks this symmetrical triangle pattern to the downside, it could be the start of a strong downtrend. We believe it could see a significant drop if it breaks its support level.
β What can you do?
β’ Add USDJPY to your watchlist.
β’ Watch closely for breakout signals.
β’ Keep your risk management in mind and use stop-losses.
This is just an analysis, the final decision will be yours. Always be careful while trading and do your research.
Good luck trading! ππ
#forextrading #marketanalysis #technicalanalysis #downtrend #tradingtips
π₯SMART MONEY EDUCATIONπ
(Steps)
πidentify BOS for the upward or downward move to see the right direction of market.
πmake sure price it break CHOCH as a confirmation of market to change direction after identifying all BOS.
πafter CHOCH break make sure price return to"ORDER BLOCK".
πyou should open position whether is buying or selling once price it touch zone of OB as a principal of SMC.
πdon't forget to place stop loss in all trade that you take.
NOTEβοΈ
Practice makes perfectππ― and don't let emotion to control your trade.
(Steps)
πidentify BOS for the upward or downward move to see the right direction of market.
πmake sure price it break CHOCH as a confirmation of market to change direction after identifying all BOS.
πafter CHOCH break make sure price return to"ORDER BLOCK".
πyou should open position whether is buying or selling once price it touch zone of OB as a principal of SMC.
πdon't forget to place stop loss in all trade that you take.
NOTEβοΈ
Practice makes perfectππ― and don't let emotion to control your trade.
ICT Liquidity Buy/Sell Model:
πΉ Asia Session High or BSL (Buy-Side Liquidity) taken
πΉ Market Structure Shift (MSS) during London Killzone
πΉ Retest during New York Session
πΉ Lower Time Frame (LTF) entry confirmation
πΉ Remember: Time Γ Price = Money (Perfect Setup)
β¨ "With a good mindset, you can achieve anything."
πΉ Asia Session High or BSL (Buy-Side Liquidity) taken
πΉ Market Structure Shift (MSS) during London Killzone
πΉ Retest during New York Session
πΉ Lower Time Frame (LTF) entry confirmation
πΉ Remember: Time Γ Price = Money (Perfect Setup)
β¨ "With a good mindset, you can achieve anything."
ICT Asia Session Liquidity Sweep Model:
πΉ Wait for the Asian session to sweep liquidity (Starting from 20:00)
πΉ Identify a Market Structure Shift (MSS) during NY Lunch Hour (12:00β1:00 NY time)
πΉ Observe Lower Time Frame (LTF) structure
πΉ Execute your trade based on confirmation
πΉ Always prioritize risk management
πΉ Wait for the Asian session to sweep liquidity (Starting from 20:00)
πΉ Identify a Market Structure Shift (MSS) during NY Lunch Hour (12:00β1:00 NY time)
πΉ Observe Lower Time Frame (LTF) structure
πΉ Execute your trade based on confirmation
πΉ Always prioritize risk management
π‘Same chart, different setups, a valid and an invalid one.
β’β’Reasons used in this post:
1- Liquidity sweep: If price moved past a swing high/low before forming a bullish/bearish impulse.
2- Aggressive breakout: is when a breakout occurs above/below the high/low of the broken correction.
3- Near a swing high/low or Far from a swing high/low: When the correction is near a swing high/low, itβs considered a low probability setup, we should target the recent swing highs/lows and avoid trading near them.
β’β’Reasons used in this post:
1- Liquidity sweep: If price moved past a swing high/low before forming a bullish/bearish impulse.
2- Aggressive breakout: is when a breakout occurs above/below the high/low of the broken correction.
3- Near a swing high/low or Far from a swing high/low: When the correction is near a swing high/low, itβs considered a low probability setup, we should target the recent swing highs/lows and avoid trading near them.
π» ETCUSD Short Scalping Setup β 5M π§¨
π΄ Sell Entry: 16.490
π―Target: 16.220
π Stoploss: 16.570
π Reason: Resistance rejection + Break of trendline support + bearish confirmation candle β ideal for short scalp.
π Perfect Risk:Reward Setup = 1:3+
π² Free Trading ebook pdf : @menutradefx
π΄ Sell Entry: 16.490
π―Target: 16.220
π Stoploss: 16.570
π Reason: Resistance rejection + Break of trendline support + bearish confirmation candle β ideal for short scalp.
π Perfect Risk:Reward Setup = 1:3+
π² Free Trading ebook pdf : @menutradefx
π AUDUSD Buy Setup (15M Chart)
π Entry: 0.65220
π Stoploss: 0.65166
π― Target: 0.65422
π§ Analysis:
Price has taken support on both trendline and demand zone. It will be safe to take entry as soon as bullish engulfing or confirmation candle appears. Small SL, good R:R ratio β perfect scalping opportunity!
π #audusd #forexsetup #scalptrade #priceaction #buysetup #trendlinestrategy #supportzone #tradingviewcharts #forexindia #fxsignals #15mchart #tcmlibrary
π Entry: 0.65220
π Stoploss: 0.65166
π― Target: 0.65422
π§ Analysis:
Price has taken support on both trendline and demand zone. It will be safe to take entry as soon as bullish engulfing or confirmation candle appears. Small SL, good R:R ratio β perfect scalping opportunity!
π #audusd #forexsetup #scalptrade #priceaction #buysetup #trendlinestrategy #supportzone #tradingviewcharts #forexindia #fxsignals #15mchart #tcmlibrary
Alys Trading
π AUDUSD Buy Setup (15M Chart) π Entry: 0.65220 π Stoploss: 0.65166 π― Target: 0.65422 π§ Analysis: Price has taken support on both trendline and demand zone. It will be safe to take entry as soon as bullish engulfing or confirmation candle appears. Small SLβ¦
π AUDUSD 15m
+25 pips Profite done β
+25 pips Profite done β
Alys Trading
π XAUUSD +70 Pips running β
XAUUSD 5mπ
+100 pips runingβ
Vip channel signalsπΉ
+100 pips runingβ
Vip channel signalsπΉ
π USDJPY Sell Setup β Price Action Based π₯
π Pair: USDJPY
β±οΈ Timeframe: 30 Min
π Trade Type: Sell Setup
π© Entry: 144.480
π―Target: 143.800
π Stoploss: 144.790
π Analysis:
Price has respected the resistance zone and broken the rising channel to the downside. Now bearish pressure is expected. Supply zone is active.
π Free Trading PDF + Chart Strategy
π© Contennnnnme: @menutradefx
π Pair: USDJPY
β±οΈ Timeframe: 30 Min
π Trade Type: Sell Setup
π© Entry: 144.480
π―Target: 143.800
π Stoploss: 144.790
π Analysis:
Price has respected the resistance zone and broken the rising channel to the downside. Now bearish pressure is expected. Supply zone is active.
π Free Trading PDF + Chart Strategy
π© Contennnnnme: @menutradefx