As the year is beginning, we noticed that a new session of trade is taking place, we expect the pound pair to continue its trend downtrend, it gave a channel up pattern which is a great sign to for a downtrend continuation, we expect it to continue down till it the last lows is been cleared
Following the present strength of the Japanese Yen (JPY), we expect some little push down and clear the internal liquidity, and then the retrace to clear the the highs and take more others from the order block and then drop massively to the 3rd wave and then more down to complete the 5th wave, we expect our take profit for the drop to be around the min threshold...
The EURNZD pair similarly to that of the EURAUD, completed the 4th wave count which also reaction at the ICT weekly bullish order block we expect the pair to also go long on the higher timeframe, which after clearing the weekly high (last liquidity) also completing the 5th wave count, we then see a msaaive drop on the pair likewise
Using the Elliot wave added to the ICT strategy, we noticed that EURAUD pair finished the 4th wave and gave a direct turn on the weekly OB, We see the pair buying for a very long time to clear the weekly top most high, which completes the wave 5, and after that it will then give a massive
Following the Present peak and turning point for the DXY (Dollar INdex). we expect to see same impact on the Dollar related pairs which the AUDUSD is one of this pairs, we the DXY reaches its rejection block where orders can be taken from and the bulls set in, the Aussie, likewise did same in the opposite direction from the DXY, which gives us a bearish movement...
With the present win for the US elections and Biden merging in as the 46th President of the United states of America, added to the fact of the NFP new on the 6th of November 2020 came out positive for the US dollar Index, we expect to see a steady strength for the the US dollar, and above all, the candle closed on the Rejection block of the daily candle, we...
Following the US election that is about to happen, the USD currency was weak earlier today causing the rise in Xauusd, which was a good technical analysis and also a great opportunity for a reentry for shorts The Xauusd retraced back to the BMS (break in market structure) and ready to go for another shorts to clear the equal lows
Following the AUD news that happened early this morning 4:30am GMT+1, we had a little push likewise in the NZD pairs, because there are corelated with the AUD, and added to that, the JPY came out week likewise which made the NZDJPY pair to go long for a while, following technical analysis, it did a huge retrace before the drop continues, and from the...
Following the bullish movement from the Order Block, we experienced some consolidation within and out of the bearish order block and the bullish break in market structure, we expect the market to return back to the newly formed bullish order block (possible to the minthreshold) where orders are been pilled up and then the bullish movement kicks in for a new wave...