The Aussie is gaining further traction - GBP has further downside positional power looking down to the below zones;
1. Zone 1: -
we will be looking at a test of the order block, movement away to keep shorts flowing to keep the imbalance moving towards the zone of a 1.72 redistribution, liquidity to show bears further short options before the lows.
From here we will expect a spring and a test of said springs.
A rejection will occur and then see accumulation phase of price hitting the target on the AUD USD with bullish Aussie.
2. Exactly the same but making further gains moving down to 1.67-1.60 which will be the development.
We volume will be a key indicator here to see the set up of the buy/sell swaps.
A large break of structure will occur - taking out the equal highs.
These are our Points of interests.
Now the trend is moving, looking to see a weak dollar maintained in 2021 so this will be great for the Aussie, affecting the GBP also which has also been seeing a volatile state - however Growing against JPY, USD, but against the CAD, AUD, NZD is now seeing large flows creating ranges to accumulate account growth depending on signs of movement.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners through to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
If you feel our work is exceptional and would like to donate coins, this is highly appreciated.
Regardless we will continue producing analysis.
Thanks,
Team Lupa
1. Zone 1: -
we will be looking at a test of the order block, movement away to keep shorts flowing to keep the imbalance moving towards the zone of a 1.72 redistribution, liquidity to show bears further short options before the lows.
From here we will expect a spring and a test of said springs.
A rejection will occur and then see accumulation phase of price hitting the target on the AUD USD with bullish Aussie.
2. Exactly the same but making further gains moving down to 1.67-1.60 which will be the development.
We volume will be a key indicator here to see the set up of the buy/sell swaps.
A large break of structure will occur - taking out the equal highs.
These are our Points of interests.
Now the trend is moving, looking to see a weak dollar maintained in 2021 so this will be great for the Aussie, affecting the GBP also which has also been seeing a volatile state - however Growing against JPY, USD, but against the CAD, AUD, NZD is now seeing large flows creating ranges to accumulate account growth depending on signs of movement.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners through to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
If you feel our work is exceptional and would like to donate coins, this is highly appreciated.
Regardless we will continue producing analysis.
Thanks,
Team Lupa
