Hey Traders, Obviously GBPAUD is madly bullish on 1D, 4H and 1H! No single doubt about that. However, on 30Min TF, it just broke structure, and that is very important cos 30Min is the fractal TF 4H and 1D traders uses in executing their trades, but that is not the show! On 1W TF, the price is trending in a Symmetrical Triangle, and that spiky s**t we saw last...
Hi Traders, Here is gold braking out of the descending channel and pouting around the previous supply area. Here it is, i am anticipating for a straight rebound, provided that XAUUSD, made a successful retest back to the previous demand zone, which also falls at the Fibonacci 61.8% Golden ratio level of,. And this could ultimately leads to a fast bullish...
He Traders, The CADJPY broke below the key demand zone, early London session yesterday, then made a retest back to zone (that could have a given a quick sniper entry for traders that checked this and saw it early. However, i decided to wait for a more cleaner entry - meaning i am expecting a better retest (mitigation) of the previous support area then now using...
Hi Trader, The NZDJPY is currently trending in an ascending channel and after making couple of futile test and retest in other to break below the current intraday demand zone. I am betting heavily on the break of trendline that keeps the bearish trend on the 1H chart steady and tight. Provided that the price break above the Trendline, i will wait for a slight...
Hey Traders, It's about time to wait for the Head and Shoulder pattern forming on the 1H TF to complete then wait for the price to successfully break above the CHoCH, aggressive trader can enter a buy while conservatives can wait for retest of the CHoCH before entering a Long position. Watchout Guys!
On a weekly chart, the price broke above the upper band of an expanding wedge channel, now it just made its second retest of the upper band- making that level a bit more stronger (provided it does not get broken). So, i am having 2 bias, one is mid-term bullish bias as shown in the above chart. A break above the Intraday - OB followed by a retest would mean...
Hey Trader, I am looking to open a buy position on NZDUSD. On a Daily TF, Kiwi just made a retest to the previous support zone, after a long bearish momentum forming a tight descending wedge all along the way. Price broke above the upper band of the wedge and now making a fine turn back to retest an using the previous resistance as support (making the zone a...
Hey Traders, here is my simple Buy setup on AUDUSD. The pair just successfully completed the inverted Head and Shoulder on the Daily TF, and now that signal a bullish run. On 4H the price retested the demand zone second time which could be argue to be a level that buyer might start throwing some buy orders in, but that is not enough. The market just made a...
After the price completed its second retest of the upper band of the bullish channel. And it also confluence with the multiple level of market structure (truing previous support are to resistance. A moderate sell opportunity can be look for at this level, which happens to falls slightly above the Fibonacci golden ratio of 61.8%. Stay close and...
Hi Guys, In all honesty, I thought this trade has been shared. Anyways, if you are still interested, you can join and run with a few pips toward the intraday target. Or, wait for the price to retest the entry zone, then we look for a potential SWING short position there. Stop-loss of 55pips Targeting the Daily MLoMS zone.
Hey traders, it might be time to start looking for a selling opportunity on EURUSD. Anticipating the price to retest the Major Level of Structure (intra-day). So, stay patient and wait for the price to make a saucerful retest and look for a short opportunity.
The EURUD is currently retesting the daily supply zone making it the first time in over 1 month to retest that area. Technically, i am expecting some fight at that zone from the buyers trying to push it a bit higher, but above that is the 2023 All-time high (Weekly Supply zone - OB). So, you can positing yourself ahead of the fall coming in hot, sooner than later.
Hi Traders, XAUUSD, has been on a hard bearish cannel since it broke below the major OB zone. It will be very smart to wait for the price to retest the intra-day supply area and then look for a sharp sell opportunity. You can fractalized the timeframe to 15Min to spot your entry (price action H&H or Flat top). Keep watching.
On the intraday level, I am bullish on GBPCAD, following the established trend. The trade could get active today if the market deems it possible, or wait till Aisn opens on Sunday evening. Either way, it is worth looking into.
I an able to spot a good trade opportunity on CADJPY, but at the moment, the direction is not very clear, since the pair has been ranging since Monday Open. I keep wating for a nice Trend to join at the top pr bottom. A break above the supply zone would mean Buy for me while a break below the demand zone would mean sell. Both entry will be taken in 15Min TF and i...
Hi Traders, Please check this setup on AUDCAD out and get prepared to long on either of the scenario that gets executed. Being Patient is key in this setup.
The AUDNZD has been ravaging inside the bullish channel. The current touch of the lower band of the channel makes it the second time that will be happening since the 18th of Jan. I will be expecting the price to break the structure and commence a new ride to the upside. This might be worth your while.
The quick rejection that precedes the breakout of the bearish channels indicated on the chart reveals a possible downward movement on XAUUSD. However, it is advisable to wait for the price to step back inside the channel comfortably, before looking in a short position. Watch out, for the alternative bullish run of price retesting the OB at the previous supply area.