EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bullish Trade scenario 1: Looking newly bullish but we still have to get through key resistance at 145.000 to confirm the new 4hour trend. Going into this week we want to look for reactions from 145.000 as it is the zone that is holding the daily trend. If we break above, look for a...
USDJPY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: Looking overall bearish still but this week we are waiting for reactions near our 137.000 zone. If we are to continue bearish we need to see strong rejection from 137.000 with lower highs below. Look to target lower toward key support levels. Trade scenario 2:...
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are overall very bearish looking on AJ but we just hit key support around 91.000. At the moment we may not have any short opportunities but we will be looking for reactions from this zone. The most likely scenario is that price action will go to form...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: We are looking more bearish as of recent but i am not 100% convinced. Ideally we can spot some more bearish confirmation below our 0.67000 zone to then enter short. Look for price action to consolidate and establish a larger presence below 0.67000, when we can...
DXY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1:DXY is still holding bearish but we are approaching key resistance around 105.000 so we will be looking for reactions around this zone going into the week. Ideally we maintain the 4hour bearish trend and see a strong reversal from 105.000. Assume a bearish dollar...
Gold Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we are extremely bullish and without structure. This makes the current situation high risk in my opinion. Ideally we want to continue with the overall bullish trend but there is not a high probability opportunity present. In a perfect world, we would like...
EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We are looking bearish overall but we still need to see a few things before we can confirm more downside movement. Ideally price action continues bearish and proves so by breaking 143.000 support. Look for a confirmed lower high below to enter short. Trade...
USDJPY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We are looking more bearish on UJ this week and it looks like we continue with this trend. Price action is currently in a great spot, resting below 137.000 resistance. Ideally we spot bearish conviction we can enter short on and target lower toward the next...
AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are still technically bearish on AU although we are seeing a large retrace to our 93.000 resistance zone. Going into this week we are looking for reactions around 93.000, either a break or bounce of the zone. For us to remain bearish we want to see...
AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Looking bullish again here on AUDUSD as this large wedge pattern continues to form. Technically this chart is in an active trade but we will keep looking for rejection from our 0.67000 support zone for further long entries. If we see a retest of 0.67000 with...
DXY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1:Looking bearish going into this week and price action is currently right where we want it. Going into this week we ideally want to see strong rejection from our 105.000 resistance level. This would give us confidence that the USD will continue bearish for at least...
Gold Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are very clearly bullish on gold but we are currently resting at 1800.00 resistance waiting on some reactions to better understand where gold will go next. We know we want to ride the overall bullish trend so ideally, we are looking for a retest of 1735.00...
EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We are looking more bearish on EJ now as we saw a break of our major support level around 143.000. Going into this week we’re looking for lower highs to form below 143.000 so we may target lower. Trade scenario 2: For us to see EJ as bullish again it would...
USDJPY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We are looking super bearish on UJ as it continues to plummet. Going into this week we’re looking for clear structure in the form of a lower high as close to 137.000 as possible. Look to target lower toward 131.000 if this happens. Trade scenario 2: For us to...
AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking overall bearish on AJ but we are resting at key support near 91.000. From here we need to see a lower high closer to 92.250 to identify a safer short opportunity. We can then re-target 91.000 support. Trade scenario 2: For us to consider AJ...
AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are looking very bullish on AU and we can see a wedge pattern forming at this recent high. Going into this week we’re looking for the bullish trend and pattern to continue. Ideally we see some good rejection off 0.67000 support and can target higher...
DXY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are still looking overall bearish on DXY since the trend change that occurred around november 10th, 2022. We ideally want to see this trend maintain and identify a clear downtrend we can use to our advantage on tradeable pairs. Look for DXY to show signs of...
Gold Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are overall bullish but we are overextended and could be due for a large retracement. Ideally, price action rejects our 1750.00 area and starts heading lower. Look for 1hour lower highs to short the retracement down to 1675.00. Trade scenario 2: For us to see...