LeonSprey12

LeonSprey12

The price action of the AUDUSD has exhibited a Wyckoff Distribution pattern throughout April and into May. Presently, the price is in a pronounced downtrend, with the expectation that it will continue to decline until reaching the Order Block approximately at 0.65900. There is a possibility for further downside movement beyond that level.

LeonSprey12

Price has taken liquidity on 4H at 0.89492 and made a Order Block zone (0.83659) at Sell side liquidity and had a huge up move, created an order block (0.89808) within the FIB Golden Zone ( 0.618%), so waiting for the price to make a REVERSAL pattern on the lower timeframe within Order block zone.

LeonSprey12

GBP/USD - In General uptrend from Supply zone 1.41009 on Weekly Chart. Zooming in on Daily, price has broken upper trend line and has created a reverse Head and Shoulders pattern. Price is looking to change direction and aim towards 1.31688 . On 1H, we use Fibonacci tool to look for entries at around 1.22047 and 1.21832 . GBP/USD price action reflects a...

LeonSprey12

Possible Long to the upside to EUR/JPY . Prices has closed above the support trend line with possible last push to the upside to create a double top, before a bigger exhaustion ,or reversal for EUR/JPY pair. Any comments welcome. Thanks Leon

LeonSprey12

AUD/CHF Has broken daily resistance and made a new Higher High, as well as Higher Low on 4h timeframe. On 1H we have a clear trend break and we can look for longs ( I'm already in ) atleast till the new Resistance level.

LeonSprey12

USD/JPY still looking very bullish on higher time frame. It has had short term trend change on lower time frame and price is looking for a new high, as I believe its not the end of the run for JPY. With correct risk management we can get nice 1:4 if the price pushes up. Good luck traders. Any comment welcome. :)