GJ, my bias going into the week is bearish, the blue structure is a key level on H1 TF, i will be waiting for a break of the structure and a retest, for potential move down...
On the weekly TF we had a bearish pressure so far on UC, my bias on UC for the coming week is still bearish, the circle, the dotted line and thr rectangle structure are areas i will be looking out for a retracement on this pair...
AUD had a good news on employment, I’m waiting for the exhaustion of the bulls to go short on this pair, the 61.8 and the 78.6 are my possible entry levels...
USDCAD approaching a supply zone, will be watching for price action to go short on this pair...
After a rally up, price gets to the H4 Supply Zone and we can see a reduced momentum in the push up, a possible reversal at that Zone 📉
A potential sell trade on USDCAD when price gets to the swap zone, also it’s a break of structure and we would look to see if price rejects the structure for the move down...
My bias on this pair is a sell trade, as price has gotten to a fresh Supply Zone, and we see a slow down in the momentum and a reversal expected
A break below of a key level on the daily TF,the H4 chart shows rejection of the fib level which indicates bullish momentum, will be watching carefully for price to go retest that key level for a move down, after the move up to retest the structure.. Kindly follow and like. Cheers. Have a great trading week...
On EG H4 TF we have a break below the TL, my bias on the market open, is for price action to get to that TL or the key level a little bit above it for a retest and the potential move to the Demand Zone below...
After a bullish rally to the H4 Supply Zone, we closed the week with a rejection from the Supply Zone, my bias on GJ is bearish till price gets to the 50.0 or 61.8 Fib Level but the bulls will comeback to action, overall I’m BULLISH on GJ.... Kindly Like, Follow and Comment. Cheers
Watching GBPCHF for a possible potential sell, we had a previous pressure on the Daily TF! Watching carefully for a possible H&S Formation
#Gold prices steadied as worries over rising cases of COVID-19 and expectations of possible inflation from more stimulus measures underpinned the metal, while investors awaited the U.S. Federal Reserve's meeting outcome later in the day.
XAUEUR, we have a bearish hidden divergence formation, and also a break of a structure and a clear rejection of the TL, it’s a 500 Pips move, catch it if you can, FYI that’s a daily chart, go lower the catch a good entry. I will wait for the daily candle to close for more confirmations.
USDCAD I’ve a bullish bias on this pair, this is a daily chart, as seen price is around the Demand Zone and we can see rejections, the two dotted zones below are areas in the market I’m looking for price action to go long, when price gets to that level I will scale down to the Lower timeframes for possible entry when I see rejections of the level...
My bias on EG is bullish, after a break of the minor dotted key level, I see price retracting to retest the structure again for a potential long move to the Supply Zone above..
GA in an obvious downtrend, now we have a break of a key level and price coming back to retest it, waiting to see price action then going short on this. We have our Fib also....
My potential setup for AUDUSD, as its seen clearly we’re overall bullish on this pair, price broke above a major level in that market that has been acting as a resistance, i’m looking out for price to retest this key level to continue with the bullish run. Catch The Pips 🎯🍾
#CrudeOil #Oil Oil prices pushed higher overnight however found itself anchored sideways during the Asian trading session as investors weighed virus and weather-driven demand whilst taking into account that US crude and gasoline stockpiles continued to shrink. OPEC+ still maintains its stance on ramping up supply to the market the month after as well. WTI prices...