NZDUSD 4h Analysis May 23rd, 2022Price is rallying to the upside for its previous movement but be mindful that it is now inside our resistance level where we wait for its reaction.
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USDCAD 4h Analysis May 23rd, 2022Since we are inside the support level either price could break below so we are short on the retest. Or price could reject it and target the previous resistance.
GBPUSD 4h Analysis May 23rd, 2022Price is nearly approaching our key resistance level where we wait for its reaction either a break above or a rejection. Just be patient and keep an eye on this pair during NY session.
XAUUSD 4hour Analysis May 22nd, 2021Gold Long idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: Looking bullish overall on gold but the 4hour timeframe is newly bullish as we broke above 1830.00.
From here we’re looking for bullish conviction to push price action toward 1870.00
Trade scenario 2: For us to consider Gold bearish we would need to see a break back below 1830.00 with clear structure below.
Look to enter short on strong bearish setups after a confirmed lower high.
EURJPY 1hour Analysis May 22nd, 2022EURJPY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Looking very bearish overall here on EJ as well but we are bouncing a bit between 135.500 and 134.500.
The most likely scenario is price action falling to 134.500 before we see any further reactions. Look for structure below 134.500 to continue shorting.
Trade scenario 2: For us to consider EJ bullish we need a higher low above 135.500 with strong bullish setups to enter long on.
AUDJPY 4hour Analysis May 22nd, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are still pretty bearish on AJ. Currently we are looking for strong rejection from resistance and conviction to enter short on.
Look to target lower toward 88.000 support.
Trade scenario 2: For us to consider AJ bullish we need to see structure in the form of a higher low above 91.000.
AUDUSD 4hour Analysis May 22nd, 2022AUDUSD Bullish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: Looking newly bullish on AUDUSD 4hour and we’re looking for higher lows above 0.70000 with strong bullish candlestick setups to enter on. Look to target higher toward 0.71700.
Trade scenario 2: For us to consider AU bearish again on the 4hour we need to see a break below 0.70000.
If this happens look to enter short on a lower high with strong bearish setups.
DXY (USD Index) 4hour Analysis May 22nd, 2022 DXY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We are looking very bearish on the 4hour timeframe and we are looking to continue with this trend into the week.
Ideally we see this 1hour TF bearish flag play out and see price action break support.
Look for lower highs below our 103.000 zone and target toward 102.000
Trade scenario 2: For us to consider DXY bullish again on the 4hour timeframe we first would need to see a rally to 103.750.
USDCAD 1h Analysis May 19th, 2022 The current market structure is ranging so we need to wait for price to either break below the support or reject it. Be patient and always look for lower timeframe confirmation.
EURUSD 1h Analysis May 19th, 2022The price is approaching to our resistance level where it was retested multiple times giving us a confluence that price doesn't have enough volume to break that level. So we are short and wait for confirmations in the lower timeframe.
GBPUSD 1h Analysis May 19th, 2022Price is pretty bearish so we wait for price to retest the resistance level and try to enter a short position if we find confirmations.
USDCAD 1h Analysis May 16th, 2022Either price could react in the support as a bounce or a breakout we never know so we should wait. But either way we are ready.
GBPUSD 1h Analysis May 16th, 2022Since we are currently trading at the resistance level so either price could break above or rejected it.
EURUSD 1h Analysis May 16th, 2022Price could bounce back from the support level and target the resistance level so be patient waiting.
BTCUSD 4h Analysis May 16th, 2022Crypto is experiencing bloodbath so as bitcoin is ranging around this level of 30k we wait for more price action to happen for more confluence in the market.
NAS100 May 16th, 2022Price is very bearish so we are looking for a short position in the lower timeframe so we could have much better entry.
NZDUSD 4h Analysis May 16th, 2022As the price is currently moving inside our support level we are interested in looking for a buy position. But the overall direction is still bearish so we wait for more price action.
USDCAD 4h Analysis May 16th, 2022This pair is still ranging so we need to wait for a breakout to either direction so at least we are ready for the next movement of the price.
GBPUSD 4h Analysis May 16th, 2022Price is pretty bearish so we have 3 options. First is riding the bearish momentum now and target the support level. Next is a a breakout of the resistance level to retest the previous resistance level and still be bearish. Lastly, a break below the support level and enter short on the retest.
GBPJPY 4h Analysis May 16th, 2022The overall movement is bearish so we can ride the short momentum now or wait for a break below the support for more confirmation.
XAUUSD Daily Analysis May 15th, 2021Gold Short idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are still looking very bearish here on gold and are currently expecting a pullback.
Look for a lower high to form near 1830.00 resistance with good bearish setups to follow. Target lower toward 1800.00 support area.
Trade scenario 2: For us to consider Gold bullish again we need to see a higher low above 1830.00. Look to enter long on strong bullish setups and target higher toward 1870.00 resistance.
AUDJPY 4hour Analysis May 15th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking very bearish here on AJ as we saw a daily head & shoulders pattern execute last week.
Going into this week we’re looking for lower highs and rejection from key levels of resistance like 91.000
Trade scenario 2: For us to now consider AJ bullish we need to see a break of resistance around 91.000 with a higher low above.
USDCAD 1h Analysis May 12th, 2022Still waiting for the price to break the high and make a retest so we are long on that retest.
