EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Consolidating Trade scenario 1: We are still bullish on EJ and price action has formed an ascending triangle near 137.000 resistance. How price action reacts at 137.000 will determine where we look for trades. The most likely scenario is price action breaking 137 and forming structure...
USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are looking strongly bullish here on UJ and price action has not shown signs of slowing down yet. The likely scenario is that price action continues in this 4hour channel and moves higher. Be cautious entering long as we are over extended on the daily...
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we are clearly very bullish on AUDJPY but we are also consolidating at an extreme high. Price action is near resistance but we have not seen any structure in weeks. In other words, we are due for a pullback. At the moment we can only wait so I have...
AUDUSD Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Higher timeframes are bullish here on AU while the 4hour timeframe has been in a steady downtrend. We can see price action near our 0.74000 support formed a descending triangle, which looks to be breaking bearishly now. Look for a lower high below 0.74000 with...
DXY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Price action on DXY is extremely bullish on all timeframes. We are seeing what looks like an expanding pattern near major resistance around our 100.000 level. The most likely scenario is that price action finds resistance and falls to a lower support level. Trade...
Gold Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Ranging Trade scenario 1: Gold is still ranging on the 4hour but atleast we know what we need to see in order to enter a trade. Ideally, we see price action assume the overall bullish trend and break the range. Look for a higher low above the range to enter long. Look to target toward...
EURJPY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Ranging Trade scenario 1: Overall EJ is bullish on the higher timeframes but we can clearly see price action is in a 4hour range at the moment. Currently there is no trend on the 4hour so we will have to wait for one. Ideally, we see price action break resistance around 135.500 with a...
USDJPY Neutal Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We have been very bullish here on UJ and it is not showing signs of reversal yet although we are near a major supply zone around 125.000. It would make a lot of sense if price action reverses here and we will be waiting for a break of the most recent lower high...
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Price action on this pair is still very overextended. We’re still looking for a massive pullback to correct this rally and form structure. Without structure we can’t do much on this pair just yet. Ideally, we see some consolidation followed by a pullback to...
AUDUSD Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: AU is currently experiencing a pullback that we’ve been waiting for. Price action is falling to our 0.74000 zone where we are looking for structure formation. Look for strong rejection around 0.74000 support followed by confirming bullish candlestick setups to...
DXY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are still super bullish on DXY and it does not show signs of slowing just yet. We can see price action is resting right near 100.00 resistance which is a hugely overvalued area for the dollar. Ideally, we see some reaction from current resistance and start...
Gold Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Ranging Trade scenario 1: We are looking bullish on the higher timeframes while the 4hour is ranging a bit. We know how to play ranges so we will ideally look for a bullish break of the range with a higher low above. Trade scenario 2: For us to consider Gold bearish we would need to see...
EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: EJ is looking newly bearish on the 4hour as we just saw a break of a higher low and price action is currently retesting. From here we’re looking for strong bearish candles to enter short on. Trade scenario 2: For us to consider EJ bullish again we ideally...
USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Every timeframe on UJ is looking very bullish but also pretty steep. We have to be careful when scoping trades. Ideally we continue bullish and spot some strong bullish confirmations right in this area. Look to target higher toward 125.000 resistance. Trade...
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are looking very bullish here on AJ and nothing here suggests otherwise. We have experienced a very large increase in volume which leaves us lacking structure. Before we can consider any trade scenarios we need to see a massive pullback with structure....
AUDUSD Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are overall very bullish on AU but we are seeing some consolidation in the form of a range at this high. From here we need to see structure. Look for price action to pullback to support near 0.74000 with a confirmed higher low before entering long. Trade...
DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Technically all timeframes are looking bullish, however, we can see a large 4hour range between 99.250 resistance & 97.850 support. The most likely scenario is that price action continues toward 99.250 resistance before seeing any sort of reaction. Trade scenario...
Gold Long idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Gold is still looking bullish and is technically mid trade. To continue long look for structure forming higher lows up to our 2000.000 resistance area. Trade scenario 2: For us to consider Gold bearish again we would need to see a lower high below 1930.00