USDJPY / 4H Hello traders, welcome back to another market breakdown. USDJPY has been trading in a bullish trend. However, the price has achieved major targets for bulls which suggests a deep pull back or a major trend reversal. Checkout the chart for I'll be waiting for. Trade safe, Trader Leo.
S&P500 / 1D Hello traders, welcome back to another market breakdown. S&P500 has been trading in a down-trend in this year. However, the trend is nested inside a larger trading range in the form of a channel where limit order bulls are making money as well. Here are the arguments for bulls and bears with the most highly scenario: Bulls see: 1- 50% pull back...
XAUUSD / 4H Hello traders, welcome back to another market breakdown. Gold has been trading in a down trend, however, the price has reached where bulls can show up and buy for a double bottom major trend reversal. Checkout the chart for what to expect. This should be the no trading zone for retail traders. Trade safe, Trader Leo.
NZDUSD / 1D Hello traders welcome back to another market breakdown. NZDUSD has been trading in a down trend, However, the price had a vacuum sell off after breaking out from the wedge, which is an exhaustion pattern that attract profit taking from the side of bears. Checkout the chart for what I'll be waiting for to go long. Trade safe, Trader Leo.
EURUSD / 4H Hello traders, welcome back to another market breakdown. EURUSD has been trading in a down trend. The price has rejected the psychological level 1.0000. Bears might have another second entry short. Checkout the chart for what I'm waiting for before going short. Trade safe, Trader Leo.
CADCHF / 1D Hello traders, welcome back to another market breakdown. CADCHF has been trading in a bullish trend. However, the price has started making new lows, new lower lows indicating the start of a trading range or a new bearish trend. Checkout the chart for what I'm waiting for. Trade safe, trade with a plan... Trader Leo.
EURGBP / 4H Hello traders, welcome back to another market breakdown. EURGBP is trading in a trading range. After rejecting the high to the range with a huge tail, I expect the tail to be failed at some point. The other scenario is the price comes back to the bottom of the range first. Checkout the chart for what I'm waiting for before I go for a long term...
XAUUSD / 4H Hello traders, welcome back to another market breakdown. This idea is an update on the last ideas shared on Gold. Gold has been trading in a down trend. The price is still making new lows, new lower lows which suggests more down side to see. Checkout the chart for the trigger on lower time frame.
USOIL / 4H Hello traders, welcome back to another market breakdown. USOIL has been trading in a bullish trend. However, the price has reversed after making a double top (micro-double top) and broke down the nickline which indicates more down side to see. Checkout the chart for a high probability setup I'm waiting for. Trade safe, Trader Leo.
BTCUSD / 1D Hello traders, welcome back to another market breakdown. Replying to some requests to update the Bitcoin chart from last idea. Bitcoin has been trading in a down trend. However, the price has been stuck inside a range. Therefore, there 2 possibilities here: Bulls want a short squeeze setup to for bears to buy back their shorts. Bears want a...
EURUSD / 1D Hello traders, welcome back to another market breakdown. EURUSD has been trading in a down trend. However, the price is pulling back right now. One of the most less risky strategies is to follow the trend shorting rallies in a down trend. Checkout the chart for what I'm waiting for. Trade safe, Trader leo.
EURCAD / 1D Hello traders, welcome back to another market breakdown. EURCAD is trading in a down trend. However, the price has rejected an important key level on the monthly which caused strong some strong spikes. The price has claimed the current level and now testing it back from the perspective of bulls. Checkout the chart for what I'm waiting for, from...
XAUUSD / 1H Hello traders, welcome back to another market breakdown. Gold has been trading in a down trend. The price tried to reverse around key level, yet failed to break the major trend line. In the last last idea I have mentioned that we should look for shorts if gold price fails to break the trend line. Looks like we have got a deviation. Please note:...
Gold / 4H Hello traders, welcome back to another market breakodown. Gold has been trading in a down trend, The price has broken the trading range level and claimed the level back. If bulls are that strong, we should see the price pushing and breaking above the trend line. However, the struture is still bearish, so bulls need to show more strengh for traders...
XAGUSD / 1D Hello traders, welcome back to another market breakdown. Silver has been trading in a down trend. However, after the target for bears as a 2nd leg down has been achieved, we have seen good buy signal bars for the bulls. Bulls want to get a brekout from the trend line and head and shoulders pattern. Checkout the chart for what I'll be waiting...
Gold / 1H Hello traders, welcome back for another market breakodown. Gold has been trading inside a channel on the 1H time frame. A high probabilistic setup is to wait for the price to test the breakout point where traders who went long with limit orders get out at breakeven and cover their longs. Checkout the chart for what I'm waiting for. Trade safe, Trader Leo.
GBPJPY / 1D Hello traders, weclome back to another market breakdown. GBPJPY has been trading in a bullish trend. The price has broken the traingle towards up suggesting higher prices to see. Checkout the chart for what I'll be waiting for. Trade safe, Trader Leo.
CHFJPY / 1D Hello traders, welcome back to another market breakout. CHFJPY has been trading in a bullish trend making new highs new lower highs on the daily. As long as the structure is still bullish, traders should look for buying pull-backs. Checkout the chart to have an idea what I'll be waiting for. Trade safe, Trader Leo.