Ironclad_Investments

Ironclad_Investments

We're looking to see if were gonna see some short term downside on GBPJPY to our supply zone where we will be long for some swing longs. We've recently had a small bounce from the 200MA on the 4hr retesting a minor broken trendline. At the moment we're at a cross roads so will be waiting patiently for price to reveal the best opportunities.

Ironclad_Investments

Day trade idea on GBPJPY. 200MA on the hourly chart while also lining up with trendline and key resistance area. Targets at 4hr support. 2r/r making a nice day trade setup.

Ironclad_Investments

Price approaching TL resistance, looking for this trend to continue.. good r/r on this setup for an intraday setup. Target at previous support daily.

Ironclad_Investments

Break and retest of structure? We will be waiting to see how price responds to this key highlighted zone again for potential opportunities. From a COT perspective we are seeing alot of price manipulation causing Sterling to be very choppy.

Ironclad_Investments

Approaching a crossroads on AUDUSD where we could see some resistance on this current rally. Alternatively, if price breaks through this area of interest we've highlighted the next potential target/resistance area. From a COT perspective, we are seeing short positions continue to add up on the AUD.

Ironclad_Investments

GBPJPY earlier in the London session managed to break into the 137 region , which lines up with a key psychological level, 200 MA and key resistance. From a COT perspective it appears that banks have propped up Sterling in order to sell at better prices. Our final target for this trade is at a key fib retracement level and key support.

Ironclad_Investments

GBPUSD appears to be rejecting 1.26 which is acting as a strong resistance, if we are to see the sterling decline from this area we've highlighted where we think price could be heading which also lines up with a key fib levels. From a COT perspective it appears banks have been propping up sterling in order to sell from a better price.

Ironclad_Investments

Expecting a slight pullback from this area to retest a previous supply zone & also the 200 MA which would cause us to see some dollar strength across the board. short term bullish, longer term bearish.

Ironclad_Investments

GBPCHF is flirting with 1.21 once again, we've seen multiple rejections of this area so once again we are looking for sells for a low risk high reward setup. Fundamentally, we could see a second wave of covid due to the current protests. A lot of countries are also claiming lockdown measures are being lifted too soon. These rhetorics are causing a lot of...

Ironclad_Investments

GBPJPY has approached the 132.800-133.000 resistance which is also a key psychological level. From here we could potentially see some rejection to retest the ascending trendline - which if broke could lead to further downside. We are also trading around the 200 MA for another confluence. From a COT perspective, banks are continuing to add shorts to the sterling,...

Ironclad_Investments

Good afternoon traders, here's my analysis on USDCHF, here we can see a wedge pattern forming. We are waiting patiently to see if we can get a break of this structure and if price is to retest, proving good entry opportunities, we then could go down to the 4 hour to look for good r/r setups. From a COT perspective we can see the CHF at its strongest according to...

Ironclad_Investments

CADJPY appears to be in a short term uptrend on the 4HR. Price is now at the channels resistance and also quickly approaching weekly resistance. From here we could see some selling pressure and come down to test channel support. Selling at current levels could provide a day trade with nice r/r.

Ironclad_Investments

Now that we've had a confirmation, a rejection from the daily range resistance, we are looking to ride the pair down to the channel support. In order to have a more probable setup with a higher R/R we are waiting for a pullback into our highlighted zone to enter short. From a COT perspective, EURO positions are still in positive territory, yet we are seeing a...

Ironclad_Investments

Price is entering a period of consolidation at a resistance area at a descending trendline. At the moment, we are trading around the 132 key psychological level but 100pips north we have another resistance level which also lines up with the 200MA. Selling at current levels with stops above this area could offer a good R/R but be aware of some price manipulation...

Ironclad_Investments

Running just under 1000pips on gold, we've highlighted potential pullback zones where we will be looking to add more positions. Good luck and trade safe

Ironclad_Investments

We can see another test of support in the channel it's ranging in. We are entering this trade with our stop loss below the false breakout week in case price attempts to fill it or we see a stop hunt. From a COT perspective we are continuing to see shorts being taken off and longs being added to the euro.

Ironclad_Investments

A pullback on USDCAD would provide us with a good opportunity to go short on this pair. We will see 3 confluences with the 200 day MA lining up with a previous support zone and key fib levels within this area too. Fundamentally, If we are going to begin to see the price of oil starting to rise we will also see the CAD appreciate in value too. From a COT...

Ironclad_Investments

EURUSD similiar pattern to GBPUSD - consolidating within a relatively tight range. The previous rejection from 1.08 saw price make a choppy journey back up to 1.10 which we expect to see the same kind of pattern repeat itself.