'm focusing on a bearish continuation play on EUR/GBP. I hold a bearish stance as the Pound is demonstrating strength. The trading template remains valid, with many aspects already confirmed. Entry models are aligning with expectations, prompting us to explore potential breakout opportunities.
Currently monitoring GBP/JPY for potential bullish setup conditions. The current setup appears promising, as we observe the conclusion of the WXY correction phase, which could serve as a pivot point. Once we confirm the WXY pattern, we can anticipate potential new highs. However, there are critical details yet to be clarified, making this setup inherently risky...
Based on the current market conditions ill be using sell limit above current 15m high, it is prudent to refrain from buying the US Dollar against the Canadian Dollar at this time. Today's economic events have exerted downward pressure on the Dollar from a fundamental standpoint. Moreover, a technical analysis reveals a harmonic pattern indicating distribution,...
show support to this post and follow me for more free content! Based on the current market conditions, it is prudent to refrain from buying the US Dollar against the Canadian Dollar at this time. Today's economic events have exerted downward pressure on the Dollar from a fundamental standpoint. Moreover, a technical analysis reveals a harmonic pattern indicating...
Currently monitoring GBP/JPY for potential bullish setup conditions. The current setup appears promising, as we observe the conclusion of the WXY correction phase, which could serve as a pivot point. Once we confirm the WXY pattern, we can anticipate potential new highs. However, there are critical details yet to be clarified, making this setup inherently risky...
GOLD shows potential for an upward move based on the 1-hour time frame. I'm initiating a trade based on this model. Let's monitor its performance closely and ensure we manage risk effectively. and happy tading a head!
Anticipating a bullish trend today. I intend to place a buy stop order on gold near the equilibrium array. The current setup offers a deep premium, which mitigates initial risk. My first take-profit target is 7 points, with a favorable risk-to-reward ratio.
On July 11th, we observed a swing point in GBP/JPY influenced by the CPI economic data release. The positive data for the Yen caused weakness in the Pound against the Yen. Despite this, the current order flow continues to exhibit a bullish trend. Over the past two weeks, we have been navigating through an absorption phase of the WXY correction for leg 4. On July...
Based on the current market conditions, it is prudent to refrain from buying the US Dollar against the Canadian Dollar at this time. Today's economic events have exerted downward pressure on the Dollar from a fundamental standpoint. Moreover, a technical analysis reveals a harmonic pattern indicating distribution, highlighting a prevailing lack of upward...
I foresee an imminent correction to the upside in the gold market. prompting my interest in initiating a short-term position. The prevailing bias has decisively turned bearish, influenced by anticipated shifts in key economic indicators. It appears that the pivot point signaling a downtrend has already materialized. I propose monitoring market dynamics closely...
SELLS ARE VALID target is given this can be good setup for down side looking to enter ones enter model present its self. for now we have to wait on tuesday we react to the given price action teplate is bearish! next update next week sunday.
I will be looking for bearish continuation play. i am bearish on euro pound template is valid but many things is not given enter model is not giving we need more price action next update next weekend
Looking for down side next week update will be next week sunday
Looking towards up side price action next week.Template might deliver price in different manner but we shall look more into buys next update will be next week stay woke my friends.