We are in a down trend and currently in the corrective phase of the leg. We have not gotten a multi touch confirmation but we got a second touch which is also still valid to use. Price tested the previous high and rejected. Going down into lower time frames. The are 3 bearish soldiers from that rejection which show further market strength. We are in a very...
There was another opportunity printed today of joining the USDCAD movement. What do you think about USDCAD? 2WT = 2 Way Trap POI = Point Of Interest
Usd chf following the bearish order flow as we called out last week we got our target on Friday but we still need to wait for a new range to be confirmed as we have not had two 5 minute candles closed below us and row because of this we cannot have any consistent markups until this point is formed we had a big drop off at market close that we need to wait for this...
Usd chef stayed within the bullish range that it created on thursday afternoon, Following on with this we saw a heavy bearish move at market close on Friday which is to be expected after a bullish day within the range that we are currently situated we are now looking for a run of the liquid lows and a tap into the point of interest that sits at the lower end of...
As you can see from US dollar chef you're probably starting to recognise that there is a clear pattern here we have a freshly established swing with a swing high and a swing low giving us the exact opposite of what we've seen with our usd secondary pairs which is of course a bullish range in this case we have a bearish range breaker structure has occurred at the...
UC is another example of bearish price action we know from what we have seen of our other pairs that this is likely to carry over into this week but we will more than likely look to fill some of our high areas, which would match up nicely with what we know of our other pairs for example GU. Main focus here is to take out a major high or low, as it stands we have...
US dollar to the Swiss franc is showing us exactly what we'd like to see which is a reversed version of our USD secondary pairs so for example in this case we have a bearish swing range showing us that the gap is at the low of the range in our usd secondary pairs we have the reverse where our gap is at the top of the range and we are in a bullish directional range...
UC US dollar chef giving us another clear bearish setup here with a non usable swing POI at the low and poi on the 5 minute time frame At our swing high which we are going to watch for more bearish momentum to the downside of course if we get there and we do not see any reaction at our point of interest it becomes less probable for this to play out we also have...
UC is our last pair for this week, as it stands we have a clear bullish range but as we have said on nearly all of our pairs we do expect the current moves that have ran over the last few weeks, until we actually break out of this trend we will keep following it until it does then we will change our bias and follow price as it moves. Remember to always read order...
UC we got a nice tap in to our swing range POI last week which was telling us buy side movements are likely, now from here we are looking to see the high taken, we hit a pretty key level (c-swing poi) from there we closed out for the weekend, from open we are still looking for the high to be ran so keep this in mind as we head into our new week. Remember to...
This is a possible long setup, without any lower timeframe confirmation, targeting 1.346 at least. However, this may just have been the retracement before heading lower, so I would suggest waiting for more confirmation on lower timeframes to support the entry. R2F
Anticipating higher prices on UC. I will be waiting to see if price reacts at the Daily FVG below as well if it digs into the 1h/4h FVG slightly lower. There are relative equal highs above which will be a good target. Always wait for confirmation on lower timesframes! R2F
OANDA:USDCAD Holding pattern ahead of earnings week. Nothing today during London/NY sessions. Just eating chips and getting fat while sitting on hands with this pair.
Breakout setup spotted early Asian session with USD momentum to the upside. Lets see if it plays out
USDCAD is in a strong downtrend. Try to catch short positions. According to my analysis wait for the internal bullish market structure to take out liquidity and start selling from 4hr POI !! Trade safe !! Follow me for more technical analysis Thanks.
After the breakout, the price didn't come for retesting. So wait for the structure to change and short till the price fills the imbalance/fair value gap. As of yesterday market is not following the pattern. My advice is to wait till the retest is done. Follow me for more ideas and likes will be much appreciated. !! Trade Safe !!
As UC follows the up trend in a 4h time frame, I am looking for long opportunities until it breaks the trend line. If the price breaks the resistance and re-tests I am looking for long, my target would be 1.37000. Trade safe...
Using our breakout setup right from the playbook we can try to catch continuing momentum on UC. Could be a nice opportunity for at least 2R in line with DXY strength