Long-term and Short-term Setups

Discussion in 'Analisa Teknikal Hari ini' started by TriciaWilson, Jul 17, 2020.

  1. TriciaWilson

    TriciaWilson New Member

    Hello Traders,
    I’m a pro with 7+ years of experience in the market. I want to help out retail traders. So, here I post some of my long-term and short-term setups and crisp points of the reasoning and my conclusion.
    Hope it benefits you.

    EUR/JPY Technical Analysis

    ~~ The pair did a long accumulation in the form of an inverted head and shoulder pattern.
    ~~ It finally broke out and has been consolidating in an ascending triangle (continuation) pattern since then.
    ~~ Hence, we expect the pair to have a strong bull run when it breaks the resistance level of 122.5.

    EURJPY.png
    Last edited: Jul 17, 2020
  2. TriciaWilson

    TriciaWilson New Member

    EUR/CAD Technical Analysis

    ~~ The counter has been formed a long base formation.
    ~~ Further, it could be interpreted as a correction after a strong impulse move.
    ~~ It has crossed the critical resistance level of 1.55279 and is consolidating above it.
    ~~ And the MACD indicator has turned bullish and is having good momentum.
    ~~ Hence, we expect the pair to be bullish in the short-term trading.

    [​IMG]
  3. TriciaWilson

    TriciaWilson New Member

    USD/JPY Technical Analysis

    ~~ The counter is currently at the strong support of a trendline, which could be contemplated as triangle pattern.
    ~~ According to the short-term waves, the counter has completed wave B of a bear cycle and is due for a wave C.
    ~~ Hence, we expect the pair to be bullish and head to higher to levels.

    [​IMG]
  4. TriciaWilson

    TriciaWilson New Member

    AUD/NZD Wave Analysis

    • The counter is currently in a long-term bear cycle.
    • It is currently in its second leg of wave B.
    • Further, it resembles a flag formation and is coming down after hitting the upper parallel.
    • Hence, we expect the pair to be bearish and move to the lower parallel from here.
    AUDNZD Analysis.png
  5. TriciaWilson

    TriciaWilson New Member

    EUR/USD Technical Analysis

    ~~ The counter is currently in a strong bull run.
    ~~ It is forming a parabolic pattern, which suggests further strong upmove is on the cards.
    ~~ Also, the pair is forming a bullish pennant pattern in the short-term charts.
    ~~ We expect it to surge sharply higher for the day.

    [​IMG]
  6. TriciaWilson

    TriciaWilson New Member

    EUR/AUD Technical Analysis
    ~~ The counter has broken two strong resistances back to back.
    ~~ One- bearish trendline.
    ~~ Two- Price resistance at 1.64427.
    ~~ It is having strong momentum and hence we expect it to reach higher levels sooner.

    [​IMG]
  7. TriciaWilson

    TriciaWilson New Member

    GBP/USD Wave Analysis

    ~~ The counter is currently in a short-term bull run.
    ~~ It is now consolidating within ranges to form wave 4.
    ~~ We expect the pair to move to the support zone (marked in the chart) and then head higher.

    [​IMG]
  8. TriciaWilson

    TriciaWilson New Member

    EUR/USD Technical Analysis
    ~~ The counter is in a strong bull trend.
    ~~ It consolidated for a brief period within a bullish flag and now has broken out.
    ~~ Further, it has formed an inverted head and shoulder pattern within the flag which indicates the absorption of selling pressure.
    ~~ Hence, we expect the counter to remain bullish in the short and near-term.

    [​IMG]
  9. TriciaWilson

    TriciaWilson New Member

    EUR/CHF Wave Analysis
    ~~ The counter has completed a bear cycle and is due for a correction.
    ~~ It formed an inverted head and shoulder pattern in the lower timeframes and has broken out.
    ~~ Hence, we expect the counter to be bullish in the near-term.

    [​IMG]
  10. TriciaWilson

    TriciaWilson New Member

    CAD/JPY Wave Analysis
    ~~ It has recovered from the low with a strong V-shaped rally, which is a sign of reversal.
    ~~ Further, the could interpret it as an ABC correction.
    ~~ Hence, we expect the pair to trade with bullish bias from here.

    [​IMG]
  11. TriciaWilson

    TriciaWilson New Member

    NZD/USD Technical Analysis
    ~~ The counter has broken down two critical supports.
    ~~ One- price action support level of 0.66128.
    ~~ Two- Bullish Trendline.
    ~~ It indicates the counter has changed its short-term to bearish and we advise traders to go short.

    [​IMG]
  12. TriciaWilson

    TriciaWilson New Member

    USD/CHF Technical Analysis
    ~~ The counter is currently in sideways consolidation mode.
    ~~ It is currently in its lower end of the range and the short-term indicators show signs of oversold condition.
    ~~ Further, the wave interpretation deems a wave C move to the upper end of the range.
    ~~ Hence, we expect the pair to be bullish in the near-term.

    [​IMG]
  13. TriciaWilson

    TriciaWilson New Member

    EUR/USD Technical Analysis
    ~~ EUR/USD is currently in a corrective consolidation.
    ~~ It has completed the waves A and B and is now due for wave C.
    ~~ Further, the resistance of 1.19 proves to be a tough nut for the bulls and hence we expect the pair to retreat to the support.

    [​IMG]
  14. TriciaWilson

    TriciaWilson New Member

    AUD/USD Technical Analysis
    ~~ The counter has formed a gramophone pattern.
    ~~ It has hit the upper trendline and is coming down with strong momentum.
    ~~ We advise traders to go short when the pair breaks the support level of 0.71745 and expect a sell-off to lower trendline.

    [​IMG]
  15. TriciaWilson

    TriciaWilson New Member

    NZD/USD Technical Analysis

    ~~ The resistance zone of 0.668-0.67 has been a tough nut for NZD/USD.
    ~~ It failed to cross it despite three valiant efforts and the one time it crossed it was rejected at higher levels.
    ~~ So, the bulls are running for cover and we expect the pair to head down to lower levels in search of support.


    [​IMG]
  16. TriciaWilson

    TriciaWilson New Member

    CAD/JPY Technical Analysis

    ~~ The counter has recovered from the lows with a strong V-shaped rally.
    ~~ It has now crossed a critical resistance level of 80.162.
    ~~ The structure resembles a bearish shark pattern and we expect the pair to rally to the completion zone for now.

    [​IMG]
  17. TriciaWilson

    TriciaWilson New Member

    EUR/USD Technical Analysis
    ~~ The counter has been rising sharply from the low.
    ~~ The entire structure looks like a bearish cypher pattern.
    ~~ We expect the pair to face resistance at the reversal zone marked in the chart and move back to support level.

    [​IMG]
  18. TriciaWilson

    TriciaWilson New Member

    GBP/USD Technical Analysis

    ~~ The counter is forming a descending triangle at the high.
    ~~ It made a fake-out at the resistive trendline and then sold off only to form a bearish flag pattern in the near-term.
    ~~ We expect the bearish flag to break down and the price to move to the short-term support zone.

    [​IMG]
  19. TriciaWilson

    TriciaWilson New Member

    AUD/USD Technical Analysis

    ~~ As we mentioned earlier, AUD/USD has formed a gramophone pattern.
    ~~It has now formed an inverted head and shoulder pattern the supportive trendline and has broken out.
    ~~ And the RSI indicator has also replicated the same pattern, which validates the strength in the counter.
    ~~ Further, the prices are now trading above a strong support level of 0.71727.
    ~~ Hence, we expect the pair to be bullish from here on.

    [​IMG]
  20. TriciaWilson

    TriciaWilson New Member

    USD/CAD Technical Analysis

    ~~ The counter has been trading with a bearish bias for long.
    ~~ The down move can be plotted with a pitchfork and the pair is making its last leg of the move down.
    ~~ Hence, we advise traders to go long at the lower parallel.
    ~~ And the upswing has a great chance to break the upper end of the range.

    [​IMG]

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