Overall bearish outlook on UJ, if structure gives short term buy signals, there may be buy opportunity early next week into continued sells.
Not interested in looking for buys in GJ, not taking any positions till price breaks out of consolidation. Expecting the market to take buy side liquidity before continuing bearish pressure to new lows.
Expecting a new bearish leg during next week in USDCAD. The risk reward can be much greater if you catch the shift in orderflow on the lower timeframes, the entry shown is not a position I have taken. As always the market can choose to shift bullish for fundamental reasons, but my technical bias is short for next week.
Bearish action this week was slow and weak. However my longer term sentiment is still bearish, Im expecting the market to clear out all the buy side liquidity from this slow decline back up into premium prices before bearish price exploration.
Outlook for GU, bearish bias, price has been messy, not extremely excited for this one but here's how I see things.
Short term bull larger timeframe bear. Lets see how the week goes. Actual entries are made during most recent price action.
Expecting some bullish action short term to continue in bearish expansion
Ultimately Bearish on larger time frame, how far will it rectrace?
I believe the sentiment of the market has shifted in USDJPY. Downside liquidity is too attractive. If not tomorrow, very soon.
Looking to take sells this week. Idea invalid above red line.
These are high probability set ups, but to refine entry you need more recent price action. Please do not enter positions off the analysis of strangers on the internet lol. Overall sentiment is bearish short term.
Expecting choppy price action in GBPJPY with a short bias. Should be interesting.
Big move on USDJPY this week. As always it can either go up, or down from here, all we have is probability.
GBPJPY Short (1/27 Asia Session)Short on GJ, usually prefer to trade NY session but price action is giving valid sell signal. lets see how it plays.
Still looking to catch some elusive sells on NAS. Idea based on structure and bearish bias.
Looking for where institutions may want to continue bearish movement.
Expecting NAS to buy into the imbalance before pushing lower towards asia sell side liquidity.
Personally I think NAS is going to clear some buy side liquidity before possibly pushing lower, looking for longs at most recent swing low, and shorts from most recent swing high. Current short term bias is long.