Afternoon Everyone, Another pair that has made my main focus for the day is CAD/JPY. We are in a prime area for a turn around as price has broken above the liquidity zone wiping our orders in this area. This is getting traders on the wrong side of the market and tricking them into this will continue to the upside. I will be looking for price to pop back below and...
Afternoon Everyone, My main focus pairs for today is EUR/JPY and CAD/JPY as they can have a turn around in price action soon. We have broken above the double top with a strong 4h bullish candle. We have another hour until it closes but this may continue to the third touch of the ascending channel . If price does pop back below the ray line, I will look for a flag...
Hey Everyone, Last week I only took one trade which was on USD/CAD that resulted in a breakeven on October 11,2022. Price has broken above a major double top on the daily which I do not have shown on the lower timeframe for clarity purposes. We have an expanding pattern with three touches with an ascending channel with three touches. The cherry on top was the...
Hey Everyone, The last pair that has made my Top 6 for the week ahead is EUR/NZD. Price has already broken above a major double top and is stalling in a key area. What price is doing right now is catching traders on the wrong side of the market which is what we want to see. With the current price action we are now approaching a mini double top area in which I...
Hey Everyone, I have another Yen pair that I think will give us an opportunity next week. We have price expanding breaking above a small liquidity zone in which there may have been orders sitting there to get wiped out. Now that we got the push back within the previous structure, I will be looking to enter the markets. I will be looking for a two touch...
Hey Everyone, With the DXY approaching a value area we may see some of the dollar related pairs start to shift. Here on NZD/USD we have an expanding pattern with price starting to form a potential continuation to break the double bottom area. When price breaks that low, I will be looking for the pop up and first flag continuation to take to the upside. Below I...
Hey Everyone, Another pair that has made my weekly watchlist is EUR/JPY. The current price action is indicating one more push up to break this double top as we have an expanding pattern and a flag continuation. Once price breaks above the high and catch traders on the wrong side of the market, we are more than likely to pop back below and give a flag...
Hello Everyone, Here is another pair that I think will have some great opportunities for the week ahead. This along with other dollar related pairs depend on how the DXY moves and we are near a mini double top on the DXY in which we can expect a selloff soon across dollar related pairs. Here on USD/CHF, we are approaching a double top with an ascending channel....
Hey Everyone, One of my favorite pairs to trade may have a big opportunity this week. Price has finally broken above the 147.695 double top area with a larger weekly ascending channel. The markets is catching traders on the wrong side of the market which is a key factor in this play and people are getting out of their long positions. I will be looking to take...
Hey Everyone This is the last pair that I want to share from my Top 6 and Wildcards for the week ahead. Here on USD/CAD price has broken above the double top (1.37155) in which price has been stalling at this area for a couple of days. There is a possibility that price may continue to push higher 1.46691 area but we are focusing on the most recent price action...
Hey Everyone Another pair on my watchlist for the week ahead is GBP/AUD . This pair has broken above the double top at the 1.76531 area and has pushed to the downside. This is a clear spaced out three touch continuation forming in which if price demonstrates exhaustion, I will be looking for a risk entry at the third touch after a 1h rejection and or pin-bar. I...
Hey Everyone Just wanted to drop another key pair that I have on my watchlist for the week ahead. On September 26th, the Bank of England came out with some news that day I believe which created some volatility with pound related pairs. This in turn caused a near miss at the 1.81259 area in which price action closed with a long wick bullish candle on the daily....
Hello Everyone Just wanted to drop my future forecast for AUD/CAD as this pair made my watchlist for the week ahead. Price is currently sitting at an important double bottom with a descending structure (reversal pattern) signaling a change in trend is soon to come. My game plan for the week ahead for this pair is to wait for a push up and flag continuation on...