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NZDCAD - Big short sell opportunity finally readyLike my forecast before, I’m still waiting for a short opportunity on NZDCAD. After waiting for a several weeks, the short opportunity haven’t present it self to us. Now,.. Looks like it finally ready. NZDCAD is on the top area of HTF structure while forming an ascending channel while approaching this area. Now, the price has broken back below the ascending channel. In addition, it’s now breaking a small H1 bearish continuation flag to confirm this move to the downside. I’m taking a short entry here, with SL above the flag, and target up to 0.86000 with so much more potential to be seen later. Lets see how will this pair play out,.. Good Luck __________________________________________________________________________________________________________________________________________________________________ Here is the MOA FX technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger. __________________________________________________________________________________________________________________________________________________________________
Short
by moa_trading_journal
NZDCHF - short entry on the breakout of the bearish flagThis pair is at the top of H4 TF Rising Wedge Structure. While reaching this top area, it form another corrective rising wedge structure in H1 TF. Its now breaking below the Risin wedge in H1, and forming bearich continuation flag pattern. I enter short entry on this pair on the break of the flag, with sl above tha flag, targetting to at least to the bottom area of h4 rising wedge structure at 0.60500. Lets see how will this one play out. Good luck
Short
by moa_trading_journal
1
NZDUSD – Speculative short entry worth to tryNZDUSD has been moving up in a very corrective manner over the last several weeks. Its no secret that from the beginning, when this pair reach the top rea of daily ascending-channel structure, I’ve always been looking for a sell setup. However, this pair never give me the confirmation to trigger a short entry, instead it keeps moving up inch by inch with little / no momentum at all. Actually, in a time like this we need a bit confirmation by waiting for at a rejection impulsively to the downside (At leash in H1 / H4 TF) and waiting for the break 1 st bearish continuation pattern to confirm the move to the downside. However, this time I choose to take a speculative sell entry at the top before waiting for the confirmation. Its because I see te price is in the top of multi TF corrective ascending channel / Rising wedge right now and even reaching this area with structural approach in Lower TF. I will take a short entry here right now with 30 pips sl at 0.70700 while risking only 1 % of my account on this trade. I think this trade is worth to try, considering how big the risk reward ratio of this trade is and still so much potential to the downside even in the long run.. Lets see how will this pair plays out. Good Luck __________________________________________________________________________________________________________________________________________________________________ Here is the MOA FX technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger. __________________________________________________________________________________________________________________________________________________________________
Short
by moa_trading_journal
EURNZD - Buy setup almost readyEURNZD is aprroaching the bottom of a HTF flat channel structure in impulsive approach. It even breaking the bottom of the channel a bit. After that it rebound impulsively back into the channel. Usually It’s signaling for a fake move and the break is only to catch people on the wrongside of the market.. I’m anticipating for a move back top of the channel. So far, it has give a really good momentum to the upside. I will now anticipating the price to form a corrective structure. Any break from any bullish continuation pattern now will trigger my buy entry with sl below the corrective structure with target back to the top of the structure up to 1.82700 Lets see how will this pair play out. Good Luck
Long
by moa_trading_journal
EURAUD - Buy setup almost readyEURAUD is aprroaching the bottom of a HTF ascending channel structure in corrective approach while forming a Falling Wedge in the process. It’s signaling for a move back to the top of the channel. So far, it has give a really good momentum to the upside. I will now anticipating the price to form a corrective structure. Any break from any bullish continuation pattern now will trigger my buy entry with sl below the corrective structure with target up to 1.68000 Lets see how will this pait play out. Good Luck
Long
by moa_trading_journal
NZDJPY - Big short sell opportunity almost readyLike I said before i’m anticipating for a big bearish move on NJ when it reached the top of daily ascending channel. However, as I said, we must never take any short trade blindly but to wait for the market to give us any confirmation because the price reach this area in impulsive leg. After that, thir pair continue to move upside seems like breaking the ascending channel structure. However, I never changed my bias and still looking for a short sell entry. I’m already anticipating this kind of fake move because it’s a typical market nature to catch people on the wrong side. Now, that the price has broken back into the channel, the probabilty of this pair will go lower have become higher in my opinion. I will now just anticipating the price to form a corrective structure. In high probability area like this, even small corrective structure Any break from any bearish continuation pattern now will trigger my short sell entry with sl above the corrective structure with target up to the low of the descending channel and can even go lower depending on how the market reach that area. Massive reward available in front of us,. Lets see if we can capitalize it or not now... Good Luck
Short
by moa_trading_journal
1
GBPUSDGBPUSD is in a very high value aea right now. It is now at the top ascending channel structure in high TF after a impulsive move to the downside Nevertheless, with we must pay attention to how the price approaching this area with corrective approach. Because of that, I cant take any trade here blindly. We need first to wait for a little bit of confirmation before executing any trade. One thing for sure is I will only look for sell setup in this area. All we need now is an impulsive rejection from this area to the downside, continued by a break of bearish continuation structure (ie: bearish flag, rising wedge, pennant, etc). In this area, if I get this bearish continuation structure, any break from this continuation patttern even on small 15m TF will do and will trigger my short sell entry with sl above the continuation structure. Good Luck..
Short
by moa_trading_journal
NZDCAD - Big short sell opportunity almost readyNZDCAD is in a very high value aea right now. It has now complete the 3rd touch of ascending channel structure in cmmbination with double top areaa (inflection point) in higher TF structure. This is a very igh value area to sell. Nevertheless, with we must pay attention to how the price approaching this area with impulsive leg. Because of that, I cant take any trade here blindly. We need first to wait for a little bit of confirmation before executing any trade. One thing for sure is I will only look for sell setup in this area. All we need now is an impulsive rejection from this area to the downside, continued by a break of bearish continuation structure (ie: bearish flag, rising wedge, pennant, etc). In this area, if I get this bearish continuation structure, any break from this continuation patttern even on small 15m TF will do and will trigger my short sell entry with sl above the continuation structure. Good Luck..
Short
by moa_trading_journal
2
GBPJPY - A big short opportunity may present it selfGBJPY is at the top of corrective ascending channel right now. It reach this area impulsively. The price already got a little rejected right now. I will wait for this rejection to go a little further. After that,if i get a bearish continuation pattern to confirm the move to the downside, i will happily take short trade at the break of the continuation pattern as i draw in the chart. On the other hand, if i dont get the confirmation i will still be watching this pair from the sideline
Short
by moa_trading_journal
NZDJPY - A big short opportunity may present it selfGNZDPY is at the top of corrective ascending channel right now. It reach this area impulsively. The price already got a little rejected right now. I will wait for this rejection to go a little further. After that,if i get a bearish continuation pattern to confirm the move to the downside, i will happily take short trade at the break of the continuation pattern as i draw in the chart. On the other hand, if i dont get the confirmation i will still be watching this pair from the sideline
Short
by moa_trading_journal
USDCAD- Big Long Opportunity Almost ReadyUSDCAD has reach major key inflection point on the daily timeframe. What interseting is it approach this major key area with Descending corrective stucture which usually give signal for a move to the upside. The price has now rejected impulsively from the bottom of this descending structure. In addition it is now alreaddy forming a bullish continuation structure on lower TF (M30-H1). I will take the break of this bullish continuation pattern as the trigger to my buy entry with sl below the continuation structure. There is a massive reward available if the price continue to move upside. On the other hand, i always use position sizing so i just risk 1% of my account / trade. With this massive risk reward ratio, this setup is surely a trade to take. Good luck
Long
by moa_trading_journal
XAUUSD Analysis by Wave FX Academy (GOLD TO $1920)Hi Traders, Here's my thoughts on XAUUSD (GOLD) Corrective market structure on the Daily timeframe coming out of a strong bull run with price hitting all time highs. 4Hr Timeframe showing a completion of a 5wave cycle using the elliot wave principles, as such, I would be looking for a pullback between the 38.8 and 61.8 fib of that cycle. Current price action on the 1Hr showing an active downtrend structure, however, with price breaking the trend line resistance and also leaning against the 1Hr structural resistance we could see a break out to the upside. My overall bias is LONG and to see price action hitting $1920. I will however be monitoring the price action between 1870 and 1860. 
I've labeled the areas based on what I will be anticipating. An entry will be taken only if all rules of my strategy are satisfied. Add this pair to your watchlist and see if the rules of your strategy provides an entry. Like and Comment your thoughts . All feedbacks are welcome. If you are new to FOREX trading, here are the definition for words you may seen mentioned above. Price Action: Change in the price value of a traded instrument whether Forex, Commodities or Indices. Market Structure: This is classified as any group of candlesticks placed together with the use of Support, Resistance and Trendlines . Once grouped they would provide a pattern to indicate a possible movement in price action. Support: Areas in the market where price tends to reverse after a sell off (lower price action) Resistance: Areas in the market where price tends stop, pause or reverse after bull run (higher price action) Uptrend: price action in the market creating a series of high highs and higher lows. Downtrend: price action creating a series of lower lows and lower highs

Long: Taking a position to buy the base currency Short: Taking a position to sell the base currency.
FOREXCOM:XAUUSDLong
by wavefxacademy
6
EURCAD Day Trade Analysis by Wave FX (Price to HIT 1.5700)Hi Traders, Here's my thoughts on EurUsd Ranging market on the Daily timeframe with 4Hr support holding firm, current price action on the 1Hr providing confluence to Daily and 4Hr. My overall bias is LONG and to see price action hitting $1.5700 
I've labeled the areas based on what I will be anticipating. An entry will be taken only if all rules of my strategy are satisfied. Add this pair to your watchlist and see if the rules of your strategy provides an entry. Like and Comment your thoughts . All feedbacks are welcome. If you are new to FOREX trading, here are the definition for words you may seen mentioned above. Price Action: Change in the price value of a traded instrument whether Forex, Commodities or Indices. Market Structure: This is classified as any group of candlesticks placed together with the use of Support, Resistance and Trendlines. once grouped they would provide a pattern to indicate a possible movement in price action. Support: Areas in the market where price tends to reverse after a sell off (lower price action) Resistance: Areas in the market where price tends stop, pause or reverse after bull run (higher price action) Uptrend: price action in the market creating a series of high highs and higher lows. Downtrend: price action creating a series of lower lows and lower highs

Long: Taking a position to buy the base currency Short: Taking a position to sell the base currency.
Long
by wavefxacademy
2
CADJPY Trade Analysis by WAVE FX Academy (UPDATE: Target $76)Hi Traders, Here's an update on CADJPY Market panning out as expected with the break on the daily trend line support. You can review the my analysis on this (link attached here) We are seeing the $79.00 level being heavily respected over the past 4 trading days with price action failing to close above. This is a good sign that market may give us that bearish run to $75.00 as previously suggested. My overall bias remains SHORT and to see price action hitting 75.00. I will however be monitoring the price action between on the 4Hr timeframe for added confirmation based on one of my trading strategies. 
I've labeled the areas based on what I will be anticipating. An entry will be taken only if all rules of my strategy are satisfied. Add this pair to your watchlist and see if the rules of your strategy provides an entry. Like and Comment your thoughts . All feedbacks are welcome. If you are new to FOREX trading, here are the definition for words you may seen mentioned above. Price Action: Change in the price value of a traded instrument whether Forex, Commodities or Indices. Market Structure: This is classified as any group of candlesticks placed together with the use of Support, Resistance and Trendlines . once grouped they would provide a pattern to indicate a possible movement in price action. Support: Areas in the market where price tends to reverse after a sell off (lower price action) Resistance: Areas in the market where price tends stop, pause or reverse after bull run (higher price action) Uptrend: price action in the market creating a series of high highs and higher lows. Downtrend: price action creating a series of lower lows and lower highs

Long: Taking a position to buy the base currency Short: Taking a position to sell the base currency.
Short
by wavefxacademy
9
GBPUSD Day Trade Analysis by Wave FX Academy (TARGET 1.2550)Hi Traders, Here's my thoughts on GBPUSD Corrective market structure on the Daily timeframe with Daily and 4Hr support holding firm, current price action on the 1Hr showing an active downtrend channel, and as such we could see a break down of the support structure the higher timeframes. My overall bias is Short and to see price action hitting 1.2550. I will however be monitoring the 1.2800 level (1Hr resistance) 
I've labeled the areas based on what I will be anticipating. An entry will be taken only if all rules of my strategy are satisfied. Add this pair to your watchlist and see if the rules of your strategy provides an entry. Like and Comment your thoughts . All feedbacks are welcome. If you are new to FOREX trading, here are the definition for words you may seen mentioned above. Price Action: Change in the price value of a traded instrument whether Forex, Commodities or Indices. Market Structure: This is classified as any group of candlesticks placed together with the use of Support, Resistance and Trendlines . once grouped they would provide a pattern to indicate a possible movement in price action. Support: Areas in the market where price tends to reverse after a sell off (lower price action) Resistance: Areas in the market where price tends stop, pause or reverse after bull run (higher price action) Uptrend: price action in the market creating a series of high highs and higher lows. Downtrend: price action creating a series of lower lows and lower highs

Long: Taking a position to buy the base currency Short: Taking a position to sell the base currency.
Short
by wavefxacademy
XAUUSD Trade UPDATE (GOLD to HIT $1850)Hi Traders, here is my analysis for XAUUSD ( GOLD ) This is an update to my detailed analysis on this pair. 4Hr market structure confirms the bearish triangle formation with price action breakdown below $1920 Based on Elliot Wave Analysis we can identify current price action in the 4th corrective wave, where we will be anticipating and move lower to complete the 5th wave of the cycle. My overall bias is still SHORT and to see price action hitting $1800.00
I've labeled the areas based on what I will be anticipating. An entry will be taken only if all rules of my strategy are satisfied. Add this pair to your watchlist and see if the rules of your strategy provides an entry. Like and Comment your thoughts . All feedbacks are welcome. If you are new to FOREX trading, here are the definition for words you may seen mentioned above. Price Action: Change in the price value of a traded instrument whether Forex, Commodities or Indices. Market Structure: This is classified as any group of candlesticks placed together with the use of Support, Resistance and Trendlines . once grouped they would provide a pattern to indicate a possible movement in price action. Support: Areas in the market where price tends to reverse after a sell off (lower price action) Resistance: Areas in the market where price tends stop, pause or reverse after bull run (higher price action) Uptrend: price action in the market creating a series of high highs and higher lows. Downtrend: price action creating a series of lower lows and lower highs

Long: Taking a position to buy the base currency Short: Taking a position to sell the base currency.
FOREXCOM:XAUUSDShort
by wavefxacademy
2