Very Messy price Action, and am long bias as I believe that gbp is the stringer currency. In order to take this I would like a rejection from bottom, ideally via a break and and pull back back into structure with a 4h close and a higher high close on a smaller time frame for a long back to the top of structure. Alternatively if a pull back doesn't occur then i...
The overall trend is bearish, so am looking for the break or the structure and 4h close below the blue zone with a retest and a lower low close on the smaller time frame. Alternatively I would wait for a pull back and rejection from the top of structure with a 4h close, or a 1h bearish engulfing / double top to take the short back down to the bottom of structure.
Very choppy, So ideally need to see a break either side of structure with 4h close above or below zone then a retest and a Higher High close on a smaller time frame for continuation in which ever direction. My Bias is to the down side because of how the overall tend looks on the higher time frame. Plus from fundamental basis the US is looking like the rate cut is...
Waiting for the pull back and rejection around 8am gmt to look for continued longs
Think shorts are more likely as it has failed to make Higher Highs but the two key areas for me are 2013 and 2020, if there is a break with a 1h / 4h close above or below then that will be the entry and direction
Still believe that the JPY is weaker than the dollar so am looking for a 4h / 1h close above structure and blue line to look for longs back to the top of structure
Looking for a pull back and rejection with a 1h / 4h close on the 1.3500 for continued longs to 1.35400
Looking for a break and a close with a 1h / 4h above or below blue zones to look for entries. but am leaning more towards because of how the previous two 4h candles closed
This pair has broken back into structure after bouncing from a key level, with a large wick on the 4h close, so am no hoping for a bullish engulfing candle on the 1h on at the london open to look for the long back up to top of structure and possibly beyond
Im still leaning towards USD weakness, so therefore I am predominately looking for long entries, I am going to wait for the London open before making a decision, if price continues to reject from the 108.700 area then I would consider a buy from the current area, however if it drifts up to the middle of structure then I would wait for the break above structure...
Still believe that the yen is in an overall down trend and think that there will be continued weakness, therefore I would be looking for a 1h . bullish close above structure and blue line in order to look for buys. However if that doesn't materialize then i would look for a close below structure to look for the short
Still in an up trend in my opinion and the last two 4h closes show that there is potential loss of momentum, so therefore I am an looking for a break back above structure and a 1h / 4h close above the blue line to look for the entry, however if that doesn't materialize and the get a close below the trendline then I will look for shorts
Still in the consolidation zone with no clear direction, I would prefer a 4h or 1h close either side , but there could be a case for a buy at the 8am gmt open if price rejects from the support level with a view of if reaching the top of structure
The price at a good area to go long as has broken back into structure and retested an area of support inside structure if there is a minor pull back I would look for opportunities to go long. Alternatively if price gaps up because of the instability in the middle east and leave without the pull back then I would look for a break of 2090 with a 4h close above with...
Very bullish but I would only look for longs after a pull back and rejection with a 4h close at the bottom of structure
This pair is still looking bearish and with USD weakness and JPY potential strength, this one of my preferred setups, However in order to validate the entry I will need to see 4h Close, forming a lower low below blue line
Very Choppy price action, and would prefer shorts, but in order to look for the entry I would look for a 4h close back into structure and below blue line and a retest on a lower time frame and a lower low to take the entry. However if there is a bullish close and a Higher High close on the 4h there may be an opportunity to go long
Still very much on an uptrend and it could reject from were price is, but I would prefer a deeper pullback and a rejection from the yellow line with a 4h close to take price up to previous high