Gold, Wedge pattern.XAUUSD / 1D
Hello traders, welcome back to another market breakodown.
GOLD has been trading inside a wedge which is a sign that a lot of bulls are taking profit and lowers the probability of a breakout yet.
Check out the 2 scenarios I'll be looking to be trading in the next week.
Trade safely,
Trade Leo.
Btm
NZDUSD, More down side to see? NZDUSD / 1D
Hello traders, welcome back to another market breakdown.
NZDUSD is trading inside a trading range where traders buy low and sell high. The sell off happened from the high of the range, any pull-back now is an opportinity to short for a second leg lower.
Trade safely,
Trader Leo.
EURGBP, a discount for the bulls.EURGBP / 4H
Hello traders, welcome back to another market breakdown.
EURGBP has been trading inside a trading range. The price has finally broken. However, the Market is still in a Broad Channel, so there might be willing bulls to buy lore lower around an old breakout Point.
Trade safely,
Trader Leo.
Copper, Lower High? Copper / 1D
Hello Traders, welcome back to another market breakdown.
Copper looks heavy after a deviation from a Long term Macro level. I would be looking for more confirmation to confirm the lower high is in which can send Cooper much lower for a second leg down.
Trade safely,
Trader Leo.
CADCHF, Major reversal in the way.CADCHF / 4H
Hello Traders, welcome back to anothe rmarket breakdown.
CADCHF has been trading in a down trend. However, The price is deviating from a Major Macro level.
I expect the Low to printed soon if it's not already printed. Hence, I'm looking for longs on this pair from now on.
Trade safely,
Trader Leo.
GBPCHF, Surprise bar. GBPCHF / 1D
Hello traders, welcome back to another market breakdown.
GBPCHF has made a lower high and shifted the structure from bearish to bullish. I'll be expecting more higher prices to see.
Checkout the chart for a low risk entry suggestion based on invalidation.
Trade safely,
Trader Leo.
EURUSD, wedge patternEURUSD / 4H
Hello traders, welcome back to another market breakdown.
EURUSD has been trading inside a trading range, the price is now trying to breakout. Until there is a clean breakout, bears will be shorting new highs for a deviation.
I'll be watching this wedge pattern.
Trade safely,
Trader Leo.
GBPUSD, consolidation before the reversal? GBPUSD / 4H
Hello traders, welcome back to another market breakdown.
GBPUSD has been trading in a consolidation around a Key level. The market now is in 50% chnace to break higher or lower.
I'll be looking for the short side as it holds low risk and high reward.
Trade safely,
Trader leo.
EURAUD, trend continuation? EURAUD / 1D
Hello traders, welcome back to another market breakdown.
EURAUD has broken from a Key Level. I'll be waiting for the price to test back the breakout point for a long position.
Please note this is not a signal, the signal with entry, SL and one TP will be shared with VIP members after price action confirmation on a lower time frame.
Trade safely,
Trader Leo
USDJPY, Break of structure. USDJPY / 4H
Hello traders, welcome back to another market breakdown.
This is an update on the last idea shared on USDJPY, where I was expecting this deviation around these levels.
Now, the bulls have broken the structure, so it's 50% 50% now. For a better risk and management, I'll go with the bulls in case I get my valid entry.
Tarde safely,
Trader Leo.
EURCAD, an opportinity to go longEURCAD / 4H
Hello traders, welcome bac to another market breakdown.
EURCAD is trading in a bullish trend, the price has broken from the range and now is in pull-back mode, which is an opportinity to go long.
I'll be waiting for a discount on price to go long this pair.
Trade safely,
Trader Leo.
USDJPY, the 2 setups I'm watching for.USDJPY / 4H
Hello traders, welcome back to another market breakdown.
USDJPY has rejected resistnace, and support, and right now is stuck inside a channel that might develp to a bear flag as well.
I'll be watching for the scenarios on lower time frame to get my confirmation.
Trade safely,
Trader Leo.
USDCAD, Can the bulls make a lower highUSDCAD / 4H
Hello traders, welcome back to another market breakdown.
USDCAD is still trading in a bullish trend, the price is trading around the quarter level of the range where bulls have showed up last week, I'll look for more confirmation to take the long side catching the next leg up.
Trade safely,
Trader leo.