DWoodz

DWoodz

As I observed GU the dollar made lows based on last week's news but also confirmed bullishness in the beginning of the week. If it is to continue to be bullish it needs to gain strength on DXY above 104.2. If I am right it will push GU down hard making for a nice 200+ pip swing trade to the downside.

DWoodz

Ultimately I see UCAD going down but in order for them to continue with the pressure down I feel they need to grab some liquidity first. Im looking for them to push up and grab that first before continuing down strong. It seems it hit a area of support then broke short term structure going down. If it holds here I'm looking for it to push up for the next 2-3 days....

DWoodz

As we see Bitcoin is starting to shift. I was originally looking for price to stabilize some where above 33k. It never touched it but came very close. Now looking for some bullish activity from here. If we get a bullish break out above around 36k, i look forward to seeing a slight pull back for entry then push towards 42-45k area. Hoping that the bearishness is...

DWoodz

Looking at this pair I see that it is is a strong down trend. I avoid trading against the trend but sometimes I take a shot for a nice snipe on price. See a hot zone for entry and looking for it to go up about 40 pips but I'm playing it save and looking to get 25 out of it. Lets see how it goes.

DWoodz

So looking at EJ I'm seeing Bullish pressure build up. Looking for the right entry, based on the 1 hr I can see that it is bouncing off a Key Fib zone of 61.8 During the London session. watching it to see if it shows further confirmation and proceeds. As of right now it is holding this zone pretty tight. Based on the trend it is in it is at the bottom zone of a...

DWoodz

Looking at the EURO/Peso This is should be a strong sell for the week but I'm searching for the perfect entry. Looking at the trend up I dont think it is ready to break this trend line. I would look for it to push up to a area of resistance then start to push down strong enough to break through the trend line and hit a lower level of support. This might take some...

DWoodz

Okay so looking at GBPCHF this is a strong reversal to continue on the up trend going Long on the 1hr chart. Sitting on a strong level of support I can see this pushing up for the NY session then coming back to test the area. From there I can see it peaking out at the 1.310 area before showing what it will continue on with for the week. Also considering that the...

DWoodz

In closing for the week looking at EURCAD it is in a major area of Support and resistance. It had a nice rise for the week and I feel like it is out of gas now. It is due for a nice Hard Drop! I can see it droping here for a nice 1-10 Ratio! A easy 70 Pips to close out the week strong. Looking forward to see what next week holds. If this will continue in the same...

DWoodz

So as Im looking at and evaluating GBPUSD I notice that it has dropped down to a major area of support. This is a Supply and Demand area. Based off stats The british pound is a buy for this week so I'm looking for it to rise from here. Waiting till London session to see how it moves. If it provides clear indication I'm looking for it to make at least a 80-100 Pip...

DWoodz

So after evaluating GBPUSD I see it making its high for the week around the 1.285 area then making a nice drop somewhere around 170ish Pips. I'm going to wait it out and look for it to peak around Wed during London session to max out the move at the best position. Has a Strong supply and demand area it looks like the banks are looking to push up too before the...