Aldrimon

Aldrimon

In this analysis, I am expecting EU to create a new LL after the retest of an M's neckline in the daily charts. The neckline of the M offers a strong confluence of resistance as the 78.6 fib level; together with a strong weekly key area guards the price from further moving to the upside. Expect a bit of consolidation before price starts heading downwards as...

Aldrimon

I'll be entering a swing sell on GBPUSD with a decent 3:1 RR. In this position, I aim to ride the market's bearish momentum as indicated by H4 MACD environment. The market is setting course to the weekly key area support to get the much needed liquidity to be able to come back up again. If you like the idea, please do consider following and liking my insight....

Aldrimon

GBPAUD Remains bullish on higher TFs. I'll be buying on the retest of previous resistance now turned support for a safer and higher chance for the trade to push through as planned.

Aldrimon Updated 

Based on my opinion, I see price retesting previous support now turned resistance to continue its bearish drive. I'd like to take advantage of USD's instability. Furthermore, it is very likely that price would break the support it bounced off from yesterday's US Session. Please exercise caution in trading. Good luck! Please consider following for more trade ideas.

Aldrimon Updated 

MY INTRADAY PERSPECTIVE IN EURUSD As seen on the 4h chart, EURUSD is still on a downward trend (which was initially caused by the spike on US Yields last week). What I see happening is a formation of an M on the 4h chart to continue the bearish movement to form a new Higher Low. OR price would be retesting yesterday's high. At that point, I'd be expecting...