GBPUSD / 1H Hello traders, welcome back to another market breakdown. GBPUSD has been trading in a bullish trend. However, the price might pull-back from here after closing the open Gap. Chechout the chart for what I'll be waiting for on lower time frame.
EURUSD / 4H Hello traders, welcome back to another market breakdown. EURUSD has been trading in a down trend on the monthly. However, bulls started revesing making new highs new lower highs. The structure is still bullish for now. And bulls want to test the key level and probabli want to trade a bit higher to clear all the orders there. More likely to find...
XAUUSD / 1D Hello traders, welcome back to another market breakdown. Gold has shifted the structure from bearish to bullish structure, which indicates higher prices to see. However, the move is over extanded and needs a correction. Checkout where I'll be waiting to go long after a lower time frame confirmation. Trade safe, Trader Leo.
EURJPY / 1D Hello traders, welcome back to another market breakdown. EURJPY is trading in a down trend on the daily time frame, making new lows new lower lowers. The price has been in a deep pull-back. It's very often where the price takes the stops above weak lower highs then continue the trend. Trade safe, Trader Loe.
AUDUSD/1D Hello traders, welcome to another market breakdown. AUDUSD is trading around very important level, where bears are expected to take over. I'll be closely watching for a shift of structure at CPI numbers tomorrow. The price is still can push higher, however, the monthly structure is still bearish. Trade safe, Trader Leo.
AUDCAD / 1W Hello traders, welcome back to another market breakdown. AUDCAD has been pulling back for weeks now after tetsting the low of teh channel. The market is approaching the uper side of the channel where bears might show up. I'll be looking for a lower time frame confirmation to go short. Trade safe. Trader Leo.
EURUSD / 4H Hello traders, welcome back to another market breakdown. EURUSD in the short term is making a wedge pattern, which is a slowing pattern. It's more likely to break to the downside. Checkout the chart for the main levels I'm watching for for shorts and longs. Trade safe, Trader Leo.
GBPAUD / 1W Hello traders, welcome back to another market breakdown. GBPAUD has been trading in a down trend according to the weekly time frame. The price is testing back the previous structure and the trend line. I'll be watching closely these levels for a short position. Trade safe, Trader Leo.
XAUUSD / 4H Hello traders, welcome back to another market breakdown. This is an update of the last idea shared where I talked about a potential bounce for the bulls but fail eventually. Gold is trading around a major key level where bears are expected to show up. The price has developped a wedge patter which is one of the reverse patterns. For conservative...
XAUUSD / 4H Hello traders, welcome back to another market breakdown. GOLD has been struggling around the key resistance area. A tripple top is a possible scenario for high risk and reward ration. Checkout the chart for where I'll be interested to short if the level holds. Trade safe, Trader leo.
EURCAD / 4H Hello traders, welcome back to another market breakdown. EURCAD is trading locally in a tight channel, where traders look to short the resistance and buy support. However, the main trend is bullish, a break of the trend line would indicate a change of structure. I'll be waiting for a confirmation on LTF at resistance. Trade safe, Trader Leo.
AUDUSD / 1D Hello traders, welcome back to another market breakdown. AUDUSD has been trading bearish on the weekly time frame. The price has been pulling back and rejeted the trend line. Bears need a brekout with at least a daily close bellow the last swing low. I'll be looking to short the retest after the breakout (if it happens). Trade safe, Trader Leo.
GBPUSD / 4H Hello traders, welcome back to another market breakdown. GBPUSD has been trading in bullish trend. The price is now trading around the last swing high where bulls might take over again. Checkout the chart for what I'm waiting for before going long.
AUDJPY / 1D Hello traders, welcome back to another market breakdown. AUDJPY is trading in a bullish trend, the price is pulling back to the trend line, plus a major support where traders look to go long and bears look to take profit. Checkout the chart for what I'll be waiting for. Trade safe, Trader Leo.
USDJPY / 4H Hello traders, welcome back to another market breakdown. USDJPY seems to be breaking the structure from bearish to bullish again. Bears got disappointed after not getting a new low, which is a sign of Bulls getting stronger. Checkout the chart for what kind of price action I would like to see before going long. Trade safe, Trader Leo.
XAUUSD / 1D Hello traders, welcome back to another market breakdown. Based on few requests from you, I have decided to update my chart on Gold where I only look for swings. As mentiond before, Gold is at major resistance around 1800 psychological level. From here bears can take over. Checkout the chart for what I'm waiting for and the major structure here....
XAGUSD / 4H Hello traders, welcome back to another market breakdown. Silver has been trading in a reverse mode. Traders should look for longs at least until the price reaches the trend line. The price seems to be in a breakout mode. I'll be looking for a short position around where the seccond leg up. However, Traders should look to go long only, the short...
DXY / 1W Hello traders, welcome back to another market breakdown. DXY has been trading in a bullish trend all year, However, the price has been pulling back from the second leg up. The price on the weekly is approaching the major brekout point where heavy bulls might show up. Checkout the chart for a full understanding on where is the market cercle at the...