DXY (USD Index) 4hour Analysis December 11th, 2022 DXY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1:Looking bearish going into this week and price action is currently right where we want it.
Going into this week we ideally want to see strong rejection from our 105.000 resistance level. This would give us confidence that the USD will continue bearish for at least the next week.
Trade scenario 2: For us to see DXY as bullish we would need to see a break back above 105.000 with a higher low above.
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EURJPY 4hour Analysis December 4th, 2022EURJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We are looking more bearish on EJ now as we saw a break of our major support level around 143.000.
Going into this week we’re looking for lower highs to form below 143.000 so we may target lower.
Trade scenario 2: For us to see EJ as bullish again it would require a break back above 143.000 with confirmed higher lows above. This move would invalidate any short potential we had for the time being.
USDJPY 4hour Analysis December 4th, 2022USDJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We are looking super bearish on UJ as it continues to plummet. Going into this week we’re looking for clear structure in the form of a lower high as close to 137.000 as possible.
Look to target lower toward 131.000 if this happens.
Trade scenario 2: For us to see UJ as bullish again we would need a break above our 140.500 zone with convincing higher lows above.
AUDJPY 4hour Analysis December 4th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking overall bearish on AJ but we are resting at key support near 91.000. From here we need to see a lower high closer to 92.250 to identify a safer short opportunity. We can then re-target 91.000 support.
Trade scenario 2: For us to consider AJ bullish on this timeframe we would need to see a break above 93.000 resistance with a higher low above.
AUDUSD 4hour Analysis December 4th, 2022AUDUSD Bullish Idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are looking very bullish on AU and we can see a wedge pattern forming at this recent high.
Going into this week we’re looking for the bullish trend and pattern to continue. Ideally we see some good rejection off 0.67000 support and can target higher resistance levels.
Trade scenario 2: For us to see AU as more bearish we would need a break back below 0.67000 with some convincing lower highs below.
Look to target lower toward 0.65500 if this happens.
DXY (USD Index) 4hour Analysis December 4th, 2022 DXY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are still looking overall bearish on DXY since the trend change that occurred around november 10th, 2022.
We ideally want to see this trend maintain and identify a clear downtrend we can use to our advantage on tradeable pairs.
Look for DXY to show signs of rejection below 105.250. If we can confirm a 4hour lower high we can confidently suggest another bearish leg down to the next support level.
Trade scenario 2: For us to look at DXY on this timeframe and consider it bullish, we would need to see a break above our 108.500 area with confirmed higher lows above.
XAUUSD 4hour Analysis November 27th, 2022Gold Neutral idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are overall bullish but we are overextended and could be due for a large retracement.
Ideally, price action rejects our 1750.00 area and starts heading lower. Look for 1hour lower highs to short the retracement down to 1675.00.
Trade scenario 2: For us to see gold as more bullish we would need to rally now and break 1750.00 first.
EURJPY 4hour Analysis November 27th, 2022EURJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Overall we are bullish as long as we are holding above 144.000.
This 4hour timeframe shows a large amount of consolidation near 144.000 support which brings me to believe this has a strong chance of falling lower.
If we are to turn bearish, look for a confirmed lower high below 144.000.
Trade scenario 2: If we are to consider EJ bullish again we need to break this consolidation.
Look for 1hour higher lows + convincing bullish variations to enter long.
USDJPY 4hour Analysis November 27th, 2022USDJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: UJ is looking very bearish lately and currently we are at a low, just below 140.500 resistance.
Going into this week we want to continue the overall bearish trend but we need to see something clear.
Ideally, price action rejects 140.500 with convincing bearish variations we can enter short on. Look to target lower toward 137.000 support.
Trade scenario 2: For us to consider UJ bullish again we would need to see a break above 140.500 with a confirmed higher low above.
AUDJPY 4hour Analysis November 27th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We are looking at some serious consolidation on the daily timeframe however, we are holding at a high so overall we are bullish.
The 4hour is telling us a different story where price action looks like it is ready to fall a bit.
Going into this week we’re simply looking for reactions at our 93.750 zone.
Look for a lower high below 93.750 to confirm downside movement. Target toward 93.000.
Trade scenario 2: If we are to consider long opportunities we would like to see a clear break above 93.750 with convincing bullish variations to enter long on.
DXY (USD Index) 4hour Analysis November 27th, 2022 DXY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall DXY is looking more bearish and now price action is looking like it’s consolidating.
Going into this week we want to continue with the recent bearish trend, we are looking for price action to commit bearish again and push toward 105.250.
From here we will look for a break below with a lower high to confirm a bearish continuation.
Trade scenario 2: If price action fails to push lower, look for a rally back up to 108.500 resistance where we will look for reactions.
XAUUSD 4hour Analysis November 20th, 2022Gold Neutral idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are very clearly bullish on gold now but we have rallied pretty high and are due for a retracement.
As price action sits now, we are right near our 1800.00 major zone. It all comes down to this level, break or bounce.
Ideally, price action reverses here and commits to a retracement. If this happens we will look for price action to fall to 1675.00 and then form a higher low we can enter long on.
Trade scenario 2: There could be a decent short opportunity here on this retracement but we first will have to identify a lower timeframe bearish trend.
Look to enter on lower highs after a confirmed reversal from our 1800 area.
EURJPY 4hour Analysis November 20th, 2022EURJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are still overall bullish but this chart is showing us it’s getting ready to break lowe.
Going into this week we are looking for reactions from our 144.000 zone.
Ideally, price action breaks below 144.000 and forms a lower high below. If this plays out it could send us into a massive short opportunity.
Trade scenario 2: The other likely scenario is a bounce off 144.000 sending EJ back into the range. Look to target higher resistance levels.
USDJPY 4hour Analysis November 20th, 2022USDJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: UJ fell off hard last week and has been hanging around this new low below 140.500.
We are technically in a phase of consolidation so we will have to wait to see some conviction kick in.
Ideally, price action continues bearish and proves so by rejecting 140.500 and forming clear bearish variations we can enter short on.
Trade scenario 2: The other likely scenario is a rally from UJ. It’s not uncommon to see a large retracement after a recent high volume push. So if this happens look for higher lows above 140.500.
We will try and catch the pullback to 145.000 if this happens.
AUDJPY 4hour Analysis November 20th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We are still consolidating on higher timeframes on AJ but overall we are bullish.
Going into this week we are looking fo reactions from our 93.000 zone.
Ideally, price action breaks below 93.000 and forms a lower high we can confidently enter short on.
Trade scenario 2: The other likely scenario is price action bouncing off 93.000. I personally would not trade this but on lower timeframes a nice short term bullish trend could present itself.
AUDUSD 4hour Analysis November 20th, 2022AUDUSD Bullish Idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we are still very bullish but price action has been consolidating near our 0.67000 resistance zone.
Going into this week we want to identify structure before getting into a trade. Ideally we see price action retrace to 0.65500 and confirm a higher low.
If this happens we can confidently enter long.
Trade scenario 2: The other likely scenario is AU moving higher now without a more significant pullback. Look for higher lows above 0.67000.
DXY (USD Index) 4hour Analysis November 20th, 2022 DXY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall we have been very bearish on DXY and last week was spent consolidating at this new low.
Going into this week we’re looking for lower highs closer to 108.500 resistance. If we see this we can confidently say DXY will continue bearish.
Trade scenario 2: The other likely scenario is that DXY continues to fall without structure.
GBPCHF OLHC (BUYS) YEARLY STRUCTURE (NOVEMBER 2022)GBPCHF OLHC (BUYS)
YEARLY STRUCTURE
(NOVEMBER 2022)
YEARLY STRUCTURE ( MONTHLY TIMEFRAME )
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Three Important keys to look out for.
1. Market Structure (OLHC)
2. Bullish Divergence
3. TDI Cross (Bullish Cross)
Yearly Structure for GBPCHF in the DAILY timeframe is OLHC(OPEN LOW HIGH CLOSE) BUY SETUP.
Bullish Divergence from 01 Aug 2011 to current market price
Price is currently also in a bullish channel and a perfect target after TDI Priceline and bloodline cross will l be the OPEN (1.22993).
TDI cross in monthly is confirmed, BUYERS are present in Markets.
Attached link is also analysis on GBPCHF for the current month of November with Active trades running.
Trade with Caution. Wait for valid entries.
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USDCAD 30min Analysis November 18th, 2022USDCAD Bearish Idea
Daily Trend: Bearish
4hour Trend: Bearish
1hour Trend: Bearish
Trade scenario 1: We are looking bearish on all higher timeframe.
Looking for continuation after a lower high forms at 1.33000.
Trade scenario 2: Price can break back above the resistance and continue upside. Look for long entries after higher low confirmation at 1.33000.
XAUUSD 4hour Analysis November 13th, 2022Gold Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: After last week we can now see that gold is bullish on all major timeframes.
Going into this week we’re ideally looking for gold to continue bullish, we just need to see some structure first.
Look for a higher low as close to 1675.00 as possible before entering long.
Trade scenario 2: The other likely scenario is that gold keeps rallying without structure formation. If this happens we can’t do anything yet.
EURJPY 4hour Analysis November 13th, 2022EURJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: We are looking bearish on the 4hour timeframe but higher timeframes point to bullish still.
With our eyes on our key zone, 144.000, we’re looking for reactions to better understand where price action is going next.
Ideally, if we continue bearish we want to see a lower high below 144.000 support with convincing bearish variations to short on.
Trade scenario 2: The other likely scenario is price action rallying from 144.000 support up to higher resistance zones.
USDJPY 4hour Analysis November 13th, 2022USDJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We are looking more and more bearish on UJ as we change higher timeframe trends.
Going into this week we want to look for structure, so that means a lower high forming near 140.500 with convincing bearish variations to short on.
Trade scenario 2: The other likely scenario is UJ going for a more dramatic retrace up to 145.000. Look for higher lows above 140.500 to confirm this.