NZDUSD, More down side to see?NZDUSD / 4H
Hello Traders, welcome back to another market breakdown.
NZDUSD is showing a bearish bais on higher time frame, Price action started to line up with the weekly time frame.
I'll be looking to get a position if we take the highs and shift back inside.
Trade safely,
Trader Leo
Btm
USDCAD, Structure shiftUSDCAD / 1D
Hello traders, welcome back to another market breakdown.
USDCAD seems to be shifting the structure from bearish to bullish again. Which might send the price a bit higher.
Checkout the chart for the setup I'll be studying for a long position.
Trade safely,
Trader Leo.
USDJPY, Flip of structure.USDJPY / 1D
Hello traders, welcome back to another market breakdown.
USDJPY is trading in a down trend, however, I have mentioned all the reasons why I was expecting a reverse around this zone and now the bulls have flipped the structure from bearish to bullish making new highs, lower highs. Until the structure is broken traders should look for longs.
Trade safely,
Trader Leo.
USDCAD, failed to stabilize.USDCAD / 4H
Hello traders, welcome back to another market breakdown.
USDCAD failed to stabilize around the Quarter of the range, which opens the last part of the range as a potential short setup.
I'll be studying the pull-back in case I get my trigger.
Trade safely,
Trader Leo.
USDJPY, Time to reverse? USDJPY / 4H
Hello traders, welcome back to another market breakdown.
USDJPY is showing signs of either a trading range or a second leg up based on the monthly chart.
This is an update on the last idea shared with the aggresiive entry model. For conservative entry, I'm waiting for the pair to clean the high first which will confirm another break of structure. Then, I'll study the pull-back.
Trade safely,
Trader Leo.
AUDNZD, Switching the trend? AUDNZD / 4H
Hello traders, welcome back to another market breakdown.
AUDNZD has been trading in a down trend, however, the price has failed to breakout and now it looks like it's going for new highs,
Any pull-back is an opportinity to long the market.
Trade safely,
Trader leo.
Silver, Break and retest setup?XAGUSD / 1D
Hello traders, welcome back to anothe rmarket breakdown.
Silver has been trading in a very strong trend. The price has broken above previous highs. I'll be looking for a long position around the buy zone in case I case my confirmation on lower time frame.
Trade safely,
Trader Leo.
GBPNZD, Another leg higher. GBPNZD / 4H
Hello traders, welcome back to another market breakdown.
GBPNZD is trading in a bullish trend. I'll look to get on a long position if I get another pul-back and join the current trend around previous breakout point on 1H time frame. Invalidation would be taking the last swing low.
Trade safely,
Trader Leo
Gold, More bullish price actionXAUUSD / 4H
Hello traders, welcome back to another market breakdown.
Gold has been trading in a strong bullish trend, as I mentioned before, traders should be looking for any opportinity to long the market.
I'll be watching for the next pull-back.
Trade safely,
Trader leo.
NZDCHF, an opportinity to go shortNZDCHF / 4H
Hello traders, welcome back to another market breakdown.
NZDCHF is trading in a down trend, As a trend following strategy suggets, any pull-back is an opportinity to short.
I'll be waiting for a pull-back for shorting opportinity around my sell zone. My target would be the second leg down that lines
up with the 1 standard deviation target for bears.
Trade safely,
Trader Leo.
GBPUSD, Can the bears take it from hereGBPUSD / 4H
Hello traders, welcome back to another market breakdown.
GBPUSD is trading inside a trading range, the price tried to breakout but failed and came back inside the range again.
I'll look for more sell off in order for this deviation to be confirmed.
Trade safely,
Trader Leo.
USOIL, What I'm still waiting for.USOIL / 4H
Hello traders, welcome back to another market breakdown.
USOIL is reversing from a Macro level and Macro reasons, I have spoken about a potential reverse once the OPEC started cutting production and the market opened with a Gap the day after due to Japon paying higher prices to Russia then Friday's close.
I'm still waiting for a deep pull-back at least to close the Gap, if the Gap doesn't close that's very bad news for any bear out there. This can lead to a measuring Gap.
Trade safely,
Trader leo
AUDCAD, Any spike is an opportonity to shortAUDCAD / 4H
Hello trading, welcome back to another market breakodown.
AUDCAD is trading in a down trend, now the price is in inside a channel. Channels are more likely to break to the opposite side. However, until that happens, this is still valid.
Trade safely,
Trader leo.
AUDNZD, Breakout from the rangeAUDNZD / 1D
Hello traders, welcome back to another market breakdown.
AUDNZD has broken down from the trading range where traders look to buy low and sell high, but once the range is broken, there is a high probability the current direction will have a follow through.
Good place to long again is around S/R level after getting confirmation on lower time frame.
Trade safely,
Trader Leo.