onzzfx

onzzfx

-This a speculative setup, not investment advice...

onzzfx

EUR/USD has come to a strong level of demand and has broken Market structure. Even though the trend is currently towards the downside I believe price will react to this strong zone and push up for a good buying opportunity. -This is a speculative setup, not investment advice. Trade safe and always use correct risk management!

onzzfx

Price has come to an Institutional level of demand which it has reacted from. I will look to long this market when it comes back to my zone of interest to then target liquidity (equal highs) -Good luck! - Always wait for confirmation before entry... This is a speculative setup, not investment advice.

onzzfx

Price has come to an institutional level of demand which it has reacted from. A lot of breakout traders on the lower time frames are selling right now therefore price may trap them and go long to target Liquidity Pools to the upside where I may look to take profit. Good luck! -This is a speculative setup, not investment advice.

onzzfx

We have currently trapped price in a horizontal channel which tells us the market is currently ranging and in its first stage of the market Cycle "Contraption phase" We do not want to enter the market till we identify a clear trend structure hence why we are patiently waiting for a break of either zone which we can look at a clean entry to get in the market to...

onzzfx

We have trapped price in a horizontal channel in a very sensitive area. Therefore, whichever side it may break towards we can see some big moves this week as there is a lot of liquidity both ways the institutions can target. I will not be looking to take any trades till price breaks out of one of the zones we have outlined and then on the retest we can look for...

onzzfx

Price has come to a sensitive zone right now where we may see sellers step in and take control of the market. The market has been moving in an ascending channel on the lower time frame which may result in buyers stepping in as they believe the market is now in an uptrend. however, basing my Bias on the Higher time frame i Believe the market was just correcting to...

onzzfx

We can see that at the last zone of resistance price started showing bearish tendencies which attracted a lot of retail traders to step into the market with an attempt to push price down. Then a large Institutional candle was formed which trapped sellers into the market and took price above the level of resistance to grab the liquidity (STOP LOSSES) there and then...

onzzfx

Price is currently creating Lower Lows and Higher lows and has broken out of a trend line on the 1 Hour Time frame. Looking on the daily chart my Bias was already Short on this pair due to it approaching a strong level of resistance. After confirmation of downtrend I will look to Short this pair after i breaks the level I have highlighted and retests. Good luck!...

onzzfx

We can see that price is currently moving in a horizontal channel which then therefore tells us that we are currently in contraption phase which is the first phase of the market which is ranging. We do not want to be trading in the contraption phase so it is best that we sit on our hands till we see price clearly break one of the two zones we have outlined and...

onzzfx

Price has currently broken above a major resistance zone and has been creating higher highs and higher lows which shows bullish momentum in the market. I may look to buy in the yellow zone after price confirms that it wants to go up with potential bullish candlestick patterns. In addition We can also see price is now above the Kumo cloud for confirmation which...

onzzfx

Price is ranging in between two significant zones. The ideal situation would be to let price tell us where it wants to go with a clear break of structure, we can then perhaps look at an entry when it retests the key level and target the liquidity levels on the chart price should ideally head towards giving us a high R:R ratio and a high chance that price will hit...

onzzfx

Price is currently moving in a sideways channel which shows us that the market is in the ranging (contraption phase) with low liquidity in the market. I am looking for confirmation of price telling us where it wants to go with a clean breakout and then looking to enter on the retest and target liquidity zones in the market for take profit to minimise loss and...

onzzfx

Gold has come to a level of Supply which may encourage sellers coming into the market with an attempt to push the market to the downside. Therefore we could potentially see the market come down to the Demand zone and then perhaps move in a sideways channel for a short while. However, I am more keen in letting price tell me where it wants to go with a breakout to...

onzzfx

Price is currently at retail support level which may encourage buyers to step in with an attempt to push the price up. However, before a big move to the upside there is a chance price may spike down into the liquidity zone I have to hunt their Stop losses and trigger some retail sell stops. After it does that the Institutional banks may enter their buy positions...

onzzfx

EURAUD has come to a significant area of Resistance and price action is showing us that momentum is slowing down. As well as this it seems like EURAUD has been overbought on the RSI indicator and it should go short to retest daily structure support. Additionally with a Bullish AUDUSD in mind we can expect this pair to be bearish for the upcoming week. Good luck...

onzzfx

Price has come to a strong level of daily level of resistance and has shown momentum loss by creating doji candles and then some bearish pressure showing sellers coming into the market. As well as this we can see that a double top has also been formed which also indicates a sell. This trade also has a good R:R ratio of 3:1. -Good luck! - Majority of trading is...

onzzfx

As Price is approaching a key zone that has acted as support and resistance numerous times and price is moving in a channel, we should see a drop towards the bottom trend line due to sellers coming in at this strong level of resistance. Good luck! New week, new opportunities...