GBP/JPY LongGBP/JPY Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
Trading-forex
EUR/AUD Short, NZD/USD Short, AUD/USD Short and USD/CAD LongEUR/AUD Short
• If price corrects and a larger one hour flag forms, then I'll be looking to get short with a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NZD/USD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUD/USD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/CAD Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
WTICO/USD Short and GBP/JPY LongWTICO/USD/ Short
• If price corrects and a tight one hour flag forms, then I'll be looking to get short with a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/JPY Long
• If price pushes down to and ideally just below our area of value and it doesn't do so impulsively, then I'll be looking to get long with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or just above a one hour rejection from it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
🥇GOLD → Price is exiting the bearish channel Gold breaks the resistance and forms numerous retests of the line, most likely this indicates that the market does not have a clear phase and there is a chance of price transition from a directional trend state to a flat state
TA on a high timeframe:
1) One of the key supports is broken, the direction has a downward vector
2) A retest to the 1900 area is being formed, but at the same time, the daily candle closed on Monday indicates that the market is ready to continue its decline.
TA on the low timeframe:
1) After a false breakout and retest, price confirms a breakout of channel resistance
2) Price seeks to test the key resistance at 1902.73, most likely another bounce may follow from the line.
3) Global and local trend is still bearish, and any of the resistance lines may affect the price formation
Key support📉: 1891.87
Key resistance📈: 1902.73
KOG REPORT:KOG Report:
In last week’s KOG Report, we said we would keep the bias as bearish below 1945 and we would be looking for the target level of 1890. Ideally, we wanted the support levels to hold giving us a move for the long trades, and then we would be looking upside resistance to short the market again down into the given level. Unfortunately, we didn’t get the move to the upside we wanted, instead, Excalibur kept activating short only giving us level to level opportunities for good captures, but not the big one that we wanted. It ended with one of the best week’s we’ve had in Camelot with a succession of completed targets across the markets and US30 being the star of the week.
So, what can we expect in the week ahead?
We have a few levels on the radar for this week with the key levels being the 1860-65 region support and the 1899-1903 level resistance level with the extension above that at 1906-10. The bias will remain as bearish below of which the levels will be given daily updates but the preference this week will be on trying to capture the bounce from support levels. For that reason, we will be looking at price attempting to target the immediate resistance levels above 1895 and above that 1899 where if we see strong resistance, we feel an opportunity to short the market down into the support levels could exist. It’s these lower support levels where again this week we will be looking for the reaction in price in attempt to capture the long trade back up into the higher resistance levels initially 1910 and above that 1917-20.
Now, on the flip, if we break resistance to the upside, we will be switching to level-to-level trading following Excalibur to the upside and looking for a strong level of resistance. Upon a confirmed set up, we will be looking to short the market back down into that support level following the bias and the daily targets.
What we need to keep in mind is that we have Jackson Hole coming up towards the end of the week. It is very likely we will see choppy price action and potentially a range forming towards Thursday and Friday. We have published the previous analysis on Jackson Hole (link below), please have a look at this as it will give you an idea of the potential the market has to really move price aggressively. We will post part 2 during the week.
KOG's Bias for the week:
Bearish below 1907
Bullish on break of 1907
Key levels:
Resistance: 1899 / 1910 /1917 /1920
Support: 1880 / 1875 /1867 / 1860
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
USD has some headwind at trendline and last R area**Find out more from my Tradingview Stream this week**
***************************************************************************************
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
GBPCAD A Fall Expected! SELL!
My dear friends,
My technical analysis for GBPCAD is below:
The market is trading on 1.7249 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.7180
Recommended Stop Loss - 1.7289
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
GOLD BUYERS WILL DOMINATE THE MARKET|LONG
Hello,Friends!
GOLD pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1931.281 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
Key day tomorrowPrice reacted to the H4 demand but sellers came into play again very strong from the M15 level of the previous post. The expectation was for a reaction but not for a reversal and another break of structure. The only reason for price to do this, is to grab more liquidity and react to the bottom of the 1D/H4 demand, where the M15 level is. That's exactly what I'm expecting to see tomorrow.
If not, there's always the possibility that price will break the H4 swing structure and continue down. This would be an important reversal and a show of strength from the USD. If that happens, next week shorts will be in play but for now I don't have enough evidence.
EUR/JPY Long• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
ContinuationThis is a continuation from my previous idea. If you haven't, please go read it so you understand my reasons for being bullish.
Price is now rejecting from M15 supply at the top of the range but my expectation is that it will break above it and reach the next level of supply tomorrow. This will make the M15 structure bullish and it increases the chance for a continuation towards the H4/1D weak high.
EUR/JPY Long, NZD/USD Short and NATGAS/USD ShortEUR/JPY Long
• If price pushes down to and ideally just below our area of value and it doesn't do so impulsively, then I'll be looking to get long with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or after a one hour rejection from it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NZD/USD Short
• If price pushes up to and ideally just above our preferred area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NATGAS/USD Short
• If price corrects and a larger three touch one hour flag forms, then I'll be looking to get long with a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NZDCAD: Your Trading Plan For Today 🇳🇿🇨🇦
NZDCAD is testing a key daily structure support.
The price already formed a doji candle on that, confirming a local weakness of sellers.
To buy the pair with a confirmation,
I would suggest waiting for a breakout of a neckline of a cup and handle pattern on 4H time frame.
4H candle close above 0.806 will confirm the violation.
A bullish continuation will be expected to 0.809 / 0.811 levels.
If the price sets a new lower low, the setup will become invalid.
❤️Please, support my work with like, thank you!❤️
AUD/NZD Short (No video this morning due to ill health.)AUD/NZD Short (No video this morning due to ill health.)
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUD/USD Short (No video this morning due to ill health.)NZD/USD Short (No video this morning due to ill health.)
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and it doesn't do so impulsively, then I'll be looking to get short with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or after a one hour rejection from it.
• If price only pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NZD/USD Short (No video this morning due to ill health.)NZD/USD Short (No video this morning due to ill health.)
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and it doesn't do so impulsively, then I'll be looking to get short with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or after a one hour rejection from it.
• If price only pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUD/NZD Short and USD/CAD LongAUD/NZD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/CAD Long
• If price corrects and a larger three touch one hour flag forms, then I'll be looking to get long with a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/AUD Short, NZD/JPY Short and AUD/NZD ShortGBP/AUD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NZD/JPY Short
• If price impulses down, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUD/NZD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.