GOLD If Gold can remain above 1720 then we can expect movements to the upside.
The sharp movements today have again remained in the ranging zone.
Zonetozone
GOLD I want to see a downside move but because this zone has been tapped into so many times this week a clean sell .... or buy will be difficult.
A fakeout is expected.
AUDUSD Short continuationNice move overnight, looking to ride the bearish push further to downside. Waiting for good rejection of higher price and will be shorting after NY opens up in a bit here. Looking like risk off vibes today gbpjpy fell hard overnight as well. USD pair longs today risky fx shorts, that is unless something changes it!
MKT structure very bearish as of now in audusd... best case scenario would be coming up to 6962 area for a last kiss but it might not make it that high up
USDCAD ShortJust waiting for rejection of this first level after NY opens, obvious bear trend, we are around Daily key level right now so it isnt guaranteed.
Hopefully can pick a good entry
maybe some deep fib rejection to add confluence
GJ ShortLittle bit messy but bull pennant, bullish structure but not very strong momentum. I am thinking a push to higher prices around 800 and reject and comes back down for a bull fakeout
Also right at a major level so naturally I am thinking reject and trade that level. Maybe we breakout but I am not leaning towards that
Im curious how civil unrest in USA will effect JPY and USD flows as US mkts open soon here
USDCAD BuyIm betting it will come down to 3738 level and make a triple bottom, fake break the triangle and shoot up afterwards
after price action rejects and confirms then longs away
Sellers cant seem to break this level and not much momentum anymore to do so, unless we get some major news release
not taking anything if price action doesn't look good, choppy today so far
USDCAD BuysKangaroo tail 4h bar
Looks like big rejection of that level and lower prices buyers took back control and I am forecasting a usd rally from this point
Potentially midweek reversal
Also shot up from key demand zone, waiting for retracement or price action on lower time frame to align then longs are on
probably up until it retests the broken level then from there we will see
GJ ShortsIm waiting for some shorts here if we see good price action
Good rejection and engulfing then id be into shorts from supply zone
wouldnt enter until price has come above and rejected 133.00
USDCAD Ride The BreakoutVery very strong move down, entered on FTR 15m after the broken daily level
Second target is the fib extension, could retrace and test the broken level therefore more entries
simple sell low and buy back lower
Break and Retest of Consolidation ZoneI began on the one hour timeframe. I saw that price was in-between a zone that I had previously placed a few days ago. Just to make clearer I “boxed up” the price with my yellow rectangle. Using this strategy I’m able to wait for breaks to the downside or upside and look for the corresponding entry. In looking at this chart, it appeared bullish to me. I favored the move to the upside and wanted to see price break,retest, and continue the uptrend. My SL (50 pips) was placed below the zone. I now see 30 pip SL would have been sufficient. Trade went my way (100+ pips). Looking back I see multiple opportunities to add positions based on fib entry (15 min timeframe).
EURJPY - Zone to Zone Setups - Supply DemandHello Traders!
Nice possibilities on EURJPY. Zone to zone trading. We got several possibilities on EURJPY. I marked some great levels. Just use them and trade them from zone to zone. We have here on all zone to zones possibilities a great pip range and we can definitely catch some 80-100pips. Just work with this analysis and jump at the retest of the zones into the trade or at a nice price action signal.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
NAS100Trade hit take profit but continued - so consider this a trade review.
Trend line again is respected and US released fundamental news to allow the bulls to surge in and take control.
The trend line is again respected with tech earnings coming in today with Microsoft, FB & Qualcomm
Tesla are also looking to open up the californian factory despite widespread social distancing and lockdown measures in place.
Despite the fundamentals - the demand zone has previously touched 8790 on multiple levels.
The price ended up having a great indecision candle form which gave us a huge opportunity to zoom into the into the 5 minute chart to give us our entry.
Price hit our target, immediately retraced to give another opportunity in order to re-enter and continue the long.
The impulse was too strong, hence the supply being tested.
Thanks,
Lupa
GBP JPY - Trade reviewWe took shorts as the zone provided multiple rejection wicks on the hourly.
We zoomed in to the 30min zone and awaited to see the rejection fake outs.
The Supply showed good rejections plus a strong order block.
GBP USD Waiting gameFresh supply to be hit before a short opportunity to take place.
We have two options for our short.
Just waiting for the confirmation. Supply and demand - all we look for.
If the zone breaks to the upside then our analysis becomes invalid.
Reason for shorting?
Fresh level
nice order block
Downtrend - this looks to be a pullback for bulls pressure.
USD CAD long ideaWe can see a buy opportunity -
We just need patience however to wait for the retracement to choose it's level of choice.
This is just an idea, we will post an updated once the week has made some moves.
However - with the current demand on the 4hour we have seen two good order blocks which will react to the price.
Patience is key here on the entry.
2x positions with ability to purchase more after levels have been hit and profit is secured.
GBP USD swingDaily zone on the supply - the USD is strong and further to this, bearish pressure of the supply is very strong.
Our first entry has been taken - patience is now the key after holding profit and 'losing potential' profit - but this is just greed.
Main thing here, is simple supply and demand.
3 Entries running
1 swing
1 scalp
1 medium term trade
Awaiting now the traffic order block on a rejection zone, where will hedge.
Enjoy the trade - any questions feel free to message in private or here.
Grazie
Lupa
GBP/JPY - Breakout Strategy! Price has been consolidating on this pair for almost 2 weeks. We are waiting for price to break our highlighted areas to play the ranges on the lower time frames. Zone to zone.
