VoxNexus
GPBUSD's bearish ChoCh was already formed in H4. I predict GBPUSD will pull back before continuing the H4 bearish trend. Potential levels are around 1.26725 - 1.26971
London session gives a clear direction to make a setup. I only make a setup with RR 1:3 & exit before the news. Hopefully, it works
Waiting for the London session to get a clearer direction.
XAUUSD has reached new ATH at 2365. Now it is pulling back & is expected to be sideways ahead of the CPI report
Will GBPJPY reach level 192,300? hopefully, it works. :D
NZDUSD has formed a bullish H1 ChoCh. According to my analysis, currently, the candle is forming a pullback to level 0.59650 & continuing the bullish movement again.
AUDJPY has formed H1 CHOCH and made a pullback at 98.934 which can be used to short with reasonable TP at 98.220
AUSUSD has formed a major ChoCh at 65,600, and at the level of 65,300-65,400 there is a possibility of becoming RBS which is also the golden zone Fibo retracement area.
I made an entry on Fib 61.8% pullback (98.621) with TP next on 99.540. Hopefully it will work
EURJPY has formed H1 bullish ChoCh & has pulled back at the 61.8 Fib level. My TP target at 165.9 or level 2.88 Fib extension
The chart is currently displaying a steady H1 ChoCh until the release of the NFP report. I estimate that the market will be able to reach the 61.8 Fibonacci retracement level as the take-profit area.
By using the H1 Fib external structure, is it feasible for the candle to achieve level 388 Fib ext?
I anticipate that the XAUUSD will potentially attain the level of 2275 and undergo a period of consolidation before the release of the Non-Farm Payrolls (NFP) report
EURUSD has the potential to reach 8830, where there is FVG at the level of 8780-8850
I made this setup on M5 with RR 1:4.8 but TV does not support LTF M5 chart in "Publish Idea" section.
Using the H1 Fib external structure, you can see the candle reacting at the 188 Fib Ext level. If the candle manages to do a breakout at 2235, then the direction is likely to change in HTF.