OneSidedFX

OneSidedFX Updated 

Liquidity has been swept out at 38770, taking out all the orders resting there. Will we finally have the dropped we have been waiting for? Proper risk management and patience to wait for confirmations is key! To a happy trading week :)

OneSidedFX

DXY has been interesting lately. We had our break of structure at 103.700 waiting for that area to be retested to have an idea of what we can expect to come next taking into account all fundamentals influencing the dollar index.

OneSidedFX

Bullish retest of 38520 has been completed successfully. Reaching a 70.5% fib retracement. Will the market continue its bearish movements from this zone? Proper risk management and patience is key!

OneSidedFX

Clear break of structure @38520 yesterday. Waiting for a potential retest of 38520 before the continuation to the downside with potential targets being 38000, with great potential of going even further down. Waiting for NY session to see what kind of price action we have and if any opportunities exist. Proper risk management and patience goes a mighty long way....

OneSidedFX Updated 

On our 4h timeframe we have ourselves a downtrend with a mini resistance that held at 2033 represented by my horizontal trendline, market reacting to this area 3 times and moving away. If 2033 does not hold on the 4h this trade idea will be invalidated. If the trade idea goes according to plan, I want to see 1997 area being met. Patience and risk management is...

OneSidedFX Updated 

US30 has been on a 9 week bullish run. As we know the market moves in cycles, so, I'm patiently waiting for sell off opportunities and we could have that now. Looking at the 4H, we have equal highs (double top). I conclude this because we have a small bearish doji followed by a strong bearish candle that just closed in the range of the previous high. If this...

OneSidedFX Updated 

Support reached @1.07555 daily timeframe. We have been hovering this area for some time now. Looking at the intraday timeframes, we will be able to make a more informed decision on whether we are bullish or not.. Keeping in mind interest rate fundamentals later today. Happy trading!

OneSidedFX

Double top formed @2005 and we had a break of previous higher low to the downside. Could we be bearish to 1965 or will the bulls stay in control and make a new higher high? Lets wait for more confirmations to make a better informed decision.

OneSidedFX Updated 

Gold market has been rallying down reaching all our targets previously mentioned. Very happy to see this move come to fruition because we are currently resting on a key level @1934. HOW the market reacts to this area in the coming days will lead us to where we headed next. Lets be patient in our approach and wait for confirmations from our playbook. happy trading ahead :)

OneSidedFX Updated 

Series of new HH and HL being formed with the euro-dollar market. Are we headed for a new leg higher surpassing the previous high @1.07500. Smaller timeframes will confirm all this for us. The more confirmations/confluences the better.

OneSidedFX Updated 

Interesting price action here, big bullish moves from 1820 to 1985. Looking at prices at the moment, waiting to see if price will hold and go back below 1997 for a retest back @1933. Regardless, if price maintains above 1997, then we can see bullish moves to 2070.

OneSidedFX

Interesting market we have here. Big bull run from 32350 to the strong resistance at 34150. Daily close below the resistance at 34150, this could be a good signal to anticipate bearish moves from this resistance. Possible targets being 33780, 33490 & 33290. Lets see how the market plays out!

OneSidedFX

The retest of resistance @1.05950 has significant bearish sentiment for prices to potentially reach either 1.05230 or 1.04880 till we see potential bullish plays to the upside again. Lets see how the market plays out.

OneSidedFX

Big bullish moves from 105.570 all the way to 106.780. Solid break of structure @106.320 followed by a retest. Seeing this kind of price action indicates to me bullish sentiment is stepping into the market. Potential target being 107.345. Lets see how price unfolds..

OneSidedFX

Will the war keep affecting gold prices further?? We are resting at a good level of resistance @ 1980. Will we see a retracement down in preparation for another bullish leg??

OneSidedFX

Very interesting price action up till this point. Will we see price make a retest around 1836 before a continuation back up again?

OneSidedFX

Double bottom formation @33831 and price pushed up breaking mini resistance @ 33130. Waiting for a completion of the retest @33130 (new support) before seeing price move up again.

OneSidedFX

Support held @ 1815.240 and price made a big push up breaking mini resistance @ 1829. Will we see price reverse to 1829 to make this level a support before we have our continuation to the upside?