The pair failed to go past the high after the equal lows were being grabbed. I'm looking for a potential boost to the previous Higher High.
The pair has been in a strong bearish trend however its forming a very important pattern signalling buyers are on stand by and may change the direction of the market anytime. This is my buying idea for AUDNZD if and only if I see confirmations on my green zone.
The market left the pair a big imbalance on the 30 Min frame, just created a consolidation in asia and sweep in London makes me to look for a final sweep on london close-NY session for a long position.
If the pair make this move as shown, I'm confident to take a short on the spot. However, if it goes further below that recent low, then my setup is invalid.
Watch out for this on Nasdaq as it tries to retest the previous retail support. After consolidation and sweep, the entire pattern repeated prior to NFP. So for in post NY to Asia I was expecting a quick run towards the NY sweep but the market failed to do so. As far as the current chart is concern, I am looking for selling opportunities.
I am strongly confident despite gold so far being affected by dollar's strong buying pressure, silver has a strong bullish week ahead.
Note: My Trading ideas are uploaded for educational purposes only. The risk is there as we know. Losses or Wins you made from my trading ideas are 100% on your own clicks!
GBPAUD has come to almost a point of exhaustion. Seeing the pair climbing hard after almost years of struggle to the upside, I believe there's a 2000 pip long term short/deep almost in reach.
Next week I'm looking for strong buying pressure with Nasdaq as the index looks for new record highs after the fake move to wipe out investors last night's NFT release.
The pair did some consolidation then did LQ sweep, based on that I'm looking for a more stronger push to the downside.
This is a recent trade I took. It did tested my patience after going past my FVG however the R:R was reasonable for me to let the trade run however it wanted. Couple of minutes and it headed for TP. OANDA:GBPUSD
The pair has formed a clear selling signal intraday on the first order block, the second an FVG.
I've shared an insight of this trade however according to the previous setup, most confirmations were not yet formed as this one.
Beginning of London session show momentum towards the downside, however the previous setup was a trade too early because we still have liquidity below highlighted green (30 Min FVG) possibly for NY session.
The Market is Bullish Overall. I've decided to go long because of a possible accumulation to push price further upside. The consolidation was swept last London and NY Session and seeing the price retracing down the previous NY confirms with my journal a possible upside movement waiting. Thus I am looking to trade the 0.8637 level.
The Intraday trend has been bearish until the bearish structure has shown a potential signal for the intraday price to change bullish or a consolidation. As from the chart we can see a basic character change of the trend.
Based on the market trade idea for CHFJPY, I'm looking at a bullish movement as soon as the price will reach the demand area stated as QML.