LouisTeo

LouisTeo

EURNZD has proven to be in a bullish trend. We shall continue to ride the trend use EMA 20,50 and 100 on the daily chart.

LouisTeo

We will be looking to short NZDCAD after a slight retracement

LouisTeo

CADCHF has reached a historical low with no support in sight. We are waiting for a retracement back to the strong resistance area before shorting again.

LouisTeo

We are seeing bullish price action on USDCAD. I will enter my long only if it retraces lower to my area of value.

LouisTeo

WTIUSD gapped out previously and has been holding above the 80-dollar level for some time now. We expect a lot higher upside in the medium term.

LouisTeo

USDCAD may have bottomed and we could see some upside reaction soon.

LouisTeo

EURGBP has been consolidating for weeks after breaking an uptrend channel. Price has been struggling to fall lower as price kept retesting the broken support turned resistance of the uptrend channel. We are expecting a draw of liquidity before a deep dive lower.

LouisTeo

We are seeing a slowdown in uptrend momentum. We are looking to short this pair once it retraces higher to the region of value.

LouisTeo

CADJPY has been consolidating for a while now and we expect a breakout to occur very soon. The support level it is currently sitting on seems to be a point of control. We could see further upside once a retracement is in play

LouisTeo Updated 

We are seeing huge bullishness in GBPNZD. We want to continue to ride the bullish trend and would wait for a better entry first.

LouisTeo

Price is forming a potential ascending triangle reversal. This will be an intraday trade.

LouisTeo

I'm waiting for a big move upward for EURUSD and will patiently wait for the price to retrace lower for a better RRR.

LouisTeo

We are seeing a bullish flag formation while price sits strongly above the newly form support with high volume. We should see higher prices in the short term.

LouisTeo

We finally saw a retracement for gold which presents a good buying opportunity moving forward. Gold's momentum should continue into 2nd half of 2023 as inflation continue to remain high while the stocks market continue to face uncertainty.

LouisTeo

We saw the price break down lower with a huge bearish engulfing candle. However, we might see some retracement higher first which will allow us to to go for a better short entry. I'm setting a sell limit for when price retrace to retest the broken support turned resistance.

LouisTeo

Our previous short for USDCAD went very well with TP2 hit. I expect some support to come in at the 1.33900 price region where we could see a bounce higher previous broken support turned resistance region. This is a risky play since we are going against the trend so enter with a small lot size and TIGHT SL. We will set a BUY LIMIT instead of entering straight.

LouisTeo

We might see a breakout happening on EURUSD pair. To be safe we would want to wait for a breakout as a confirmation first before going long. But if you FOMO and want exposure, you can enter 20% of your usual lot size first at the buy limit and a tighter sl. Just be careful as we are seeing slight weakness in EUR across the board.

LouisTeo

Price is showing bullish price action with higher highs + higher lows. And a potential bullish flag formation. We will be patient to wait for a pullback to the support region as shown with the strong volume.