Forex market
CAD-JPY Free Signal! Sell!
Hello,Traders!
CAD-JPY went up sharply
But the pair failed to break
A strong horizontal resistance
Of 106.266 from where we
Can enter a short trade with
The Take Profit of 105.768
And the Stop Loss of 106.326
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Caught EU clean today. Waited patiently for that textbook 30M liquidity sweep, then stalked the LTF entry like a sniper. No rushing—just letting price do its thing until it stopped running. Then we pounced. 💥
Execution was sharp. Setup was smooth.
This is how we trade over here—precision, patience, and purpose.
📉 Stay tuned for the breakdown and upcoming analysis.
Would love to hear y’all thoughts on this one 👀👇
#SMC #Forex #InducementKing #EUTrade #SmartMoneyFlow
Bless Trading!
Long run……📈 EURUSD 4H – From Long to Short: Managing the Full Move
This chart shows the power of the ELFIEDT RSI + Reversion Strategy not only in identifying strong short-term reversion trades but also in guiding traders through longer-term swing positions when holding a trade from exhaustion signal to exhaustion signal.
⸻
🟢 Buy Signal – Early Reversal Opportunity
Back on the left of the chart, the strategy printed an “UP” signal after a heavy selloff:
• Price had broken well below the lower volatility band
• RSI entered deeply oversold territory
• A strong bounce followed, confirming the shift in momentum
This setup offered a great opportunity for position traders to enter early on a larger move — and it played out exceptionally well.
⸻
🔺 Trend Continuation Through Higher Lows
After the buy signal, price continued to climb with higher highs and higher lows, allowing the position to be managed with:
• A trailing stop-loss below swing lows
• Partial profit-taking along the way
• Or simply holding for a strategy-based exit
⸻
🔻 Sell Signal – Opposite Reversion Appears
Eventually, the price topped out after a steep rally, and the strategy printed a clear “DOWN” signal:
• Price had pushed far above the upper deviation band
• RSI signaled overbought exhaustion
• A pullback quickly followed
This offered two strategic options for long-term traders:
1. Close the long position fully, locking in gains from the original buy signal
2. Flip the bias and enter a short reversion trade, following the same principles in reverse
⸻
📌 Trade Management Commentary:
• Holding from “UP” to “DOWN” would have captured the full reversion-to-reversion swing — a large, clean multi-week trend
• No need to predict tops or bottoms — just follow the signals and let the market guide you
• For traders who prefer swing or position strategies, using the ELFIEDT signal pairs (buy → sell or sell → buy) can offer a rule-based exit system tied directly to volatility and momentum extremes
⸻
🎯 Takeaway:
The ELFIEDT RSI + Reversion Strategy is not just for scalps or intraday setups — it can also support longer-term trend plays, providing clear visual signals that help eliminate emotional exits and allow trades to mature naturally.
GBPUSD Back on Track – Watch for Momentum and Clues AheadPEPPERSTONE:GBPUSD is still steadily rising within its ascending wedge, beautifully respecting the structure as we are now seeing the first signs of renewed bullish interest, right after we received a solid rejection from the support zone.
At the moment, I am monitoring this recovery with a target near 1.3700, somewhere around the upper boundary of the ascending wedge. If this bullish move continues with strong volume and momentum, I will lock in on that trend and plan my entry accordingly. Patience is key—first, I always wait for the price to prove its worth before getting involved.
This could be a beautiful continuation...
Or just another fake-out before a deeper decline.
gbpchf 4h cp Pair: GBPCHF
Direction: Short
Chart: View Setup
Status: Pending
Notes:
Daily Trend: Bearish structure in play
4H CP (Continuation Pattern): Formed after daily supply reaction
Clean bearish sequence – expecting continuation lower
Ideal scenario: price respects 4H CP zone and breaks to new lows
GBPCAD Daily – Full Technical & FundamentalANALYST´S NOTE: THIS TRADE REVIEW TEXT IS GENERATED BY SCREENSHOT READING FROM CHATGPT - Tommi Za
🧠 Fundamental Overview – GBP vs CAD (Mid-May 2025)
🇬🇧 GBP – Bullish Bias
The Bank of England remains cautious on inflation, with strong wage growth and service sector resilience.
The UK economy is avoiding recession; GDP data is stabilizing.
Risk sentiment supports GBP as a relatively strong currency in a weak global macro environment.
🇨🇦 CAD – Bearish to Neutral Bias
The Bank of Canada is likely done with rate hikes; some policymakers hint at possible easing.
Oil prices, a major CAD driver, have pulled back due to slower global demand and lower Chinese growth.
CAD is losing strength, particularly against currencies with stronger monetary policy expectations.
→ Conclusion: Fundamental Tailwind Favors GBP Long
📊 Technical Breakdown
⚙️ Market Structure & Trend
The market is in a strong uptrend within a wide ascending channel.
Recent breakout from a descending wedge pattern indicates potential for continued bullish momentum.
Higher lows and higher highs structure is intact.
🧩 Key Technical Confluences
Price recently broke above wedge resistance and is now consolidating just above it.
Strong multi-level support confluence forms at the breakout retest:
38.2% Fib retracement
Lower wedge trendline
Ascending channel support
EMA 50 (1.8389)
Dynamic support from the EMA 200 (1.8038) remains intact, reinforcing bullish strength.
The area marked for potential entry also overlaps with Fair Value Gap (FVG) zone and bullish order block.
📈 Indicator Readings
RSI at ~56: neutral-bullish territory. No signs of exhaustion or divergence.
Momentum is building, but still early — suggesting opportunity before acceleration.
🔍 Execution Plan
Wait for price to revisit the confluence zone.
Look for Sign of Strength (SOS) on lower timeframes (bullish BOS, engulfing, or trendline breakout).
Do not buy blindly — confirm market intent at the zone.
ANALYST´S NOTE 2: CHATGPT RATINGS FOR THE TRADE SETUP:
✅ Summary Rating
Category Evaluation
Trend Bullish across all timeframes (D, H4, W)
Structure Clean breakout + retest within rising channel
Confluence Fib + trendline + EMA + structure flip
Indicators RSI neutral-bullish, EMA alignment positive
Fundamentals Favors GBP strength vs weakening CAD
Entry Plan Requires SOS confirmation, no impulsive entries
Target Weekly liquidity highs / prior swing highs
Risk Control Defined via 61.8% invalidation / EMA break
→ My Rating: ★★★★★ 9.3 / 10
A mature, high-confluence setup aligning technicals and macro fundamentals. Ideal for trend-following traders who wait for confirmation.
GBPUSD My Opinion! SELL!
My dear followers,
I analysed this chart on GBPUSD and concluded the following:
The market is trading on 1.3589 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.3538
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
EURUSD Set To Fall! SELL!
My dear friends,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.1596 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.1533
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
EURUSD Wave Analysis – 13 June 2025- EURUSD reversed from the resistance level 1.1575
- Likely to fall to support level 1.1400
EURUSD currency pair recently reversed down from the resistance level 1.1575, which stopped the previous sharp impulse wave (1) in the middle of April.
The resistance zone near the resistance level 1.1575 was strengthened by the upper daily Bollinger Band.
EURUSD currency pair can be expected to fall to the next support level 1.1400 (which stopped the previous correction ii).
EURUSD, GBPUSD - Outlook for next weekEURUSD - So we have 2x 4 hour POI's (Points Of Interest). Will be looking at potential reversals at both POI's however, within the first POI we have an area of potential liquidity that could look to be taken before we make out move back to the upside.
Therefor, the second POI could look to be our more solid option for our buying options at some point next week.
GBPUSD - This pair looks to be building its liquidity now for potential trades to the upside as today on the lower TF's it was setting quite a few traps for the potential longs and the traders that would have been shorting the breaks below structure to the left.
If you have any questions for me please do let me know
AUDJPY TREND TRADINGLooking to follow the lower time frame bullish trend next week to play into the higher timeframe down trend. Three trade ideas roughly looking to bank 16R. can squeeze more depending on if you market execute from price action signals or just set limit orders with conservative stop loss sizes.
EURUSD LONG SCAPLE5 Minutes timeframe
Entry:1.15182
Stoploss:1.15006
Takeprofit:1.16148
Entry model we identified a 5 minutes BISI and market is currently in the distribution phase we anticipate a reversal to the accumilation phase not financial advice but i risked 0.50% on this trade as im waiting for NQ! to present
EURUSD – Follow-Up UpdateEURUSD traded above the 1.1573 level on Thursday, marking a second break to the upside following the earlier trend-changing pattern — a potential sign of bullish continuation.
However, on the 1H/M15 chart, we've observed a minor ABC corrective decline (pullback). We’re now watching for a break below 1.1511, which could signal the start of a short-term bearish move.
🎯 Short-Term Target:
The next key level is 1.1214, a weekly structural support zone and the low of the previous trend-changing pattern.
📌 Key Zones to Watch:
Bearish confirmation: Break below 1.1511
Medium-term target: 1.1214
Stay alert to price action around these levels.
Trade safe, and have a blessed weekend.