DXY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are still looking overall bearish on DXY since the trend change that occurred around november 10th, 2022. We ideally want to see this trend maintain and identify a clear downtrend we can use to our advantage on tradeable pairs. Look for DXY to show signs of...
The possibility of a further decline with the breaking of the trend line and the withdrawal of liquidity below it and a decline to 1.27 is very likely.
Gold Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are overall bullish but we are overextended and could be due for a large retracement. Ideally, price action rejects our 1750.00 area and starts heading lower. Look for 1hour lower highs to short the retracement down to 1675.00. Trade scenario 2: For us to see...
EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall we are bullish as long as we are holding above 144.000. This 4hour timeframe shows a large amount of consolidation near 144.000 support which brings me to believe this has a strong chance of falling lower. If we are to turn bearish, look for a...
USDJPY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: UJ is looking very bearish lately and currently we are at a low, just below 140.500 resistance. Going into this week we want to continue the overall bearish trend but we need to see something clear. Ideally, price action rejects 140.500 with convincing bearish...
AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: We are looking at some serious consolidation on the daily timeframe however, we are holding at a high so overall we are bullish. The 4hour is telling us a different story where price action looks like it is ready to fall a bit. Going into this week we’re simply...
DXY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Overall DXY is looking more bearish and now price action is looking like it’s consolidating. Going into this week we want to continue with the recent bearish trend, we are looking for price action to commit bearish again and push toward 105.250. From here we will...
Gold Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are very clearly bullish on gold now but we have rallied pretty high and are due for a retracement. As price action sits now, we are right near our 1800.00 major zone. It all comes down to this level, break or bounce. Ideally, price action reverses here and...
EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are still overall bullish but this chart is showing us it’s getting ready to break lowe. Going into this week we are looking for reactions from our 144.000 zone. Ideally, price action breaks below 144.000 and forms a lower high below. If this plays out it...
USDJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: UJ fell off hard last week and has been hanging around this new low below 140.500. We are technically in a phase of consolidation so we will have to wait to see some conviction kick in. Ideally, price action continues bearish and proves so by rejecting 140.500...
AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: We are still consolidating on higher timeframes on AJ but overall we are bullish. Going into this week we are looking fo reactions from our 93.000 zone. Ideally, price action breaks below 93.000 and forms a lower high we can confidently enter short on. Trade...
AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we are still very bullish but price action has been consolidating near our 0.67000 resistance zone. Going into this week we want to identify structure before getting into a trade. Ideally we see price action retrace to 0.65500 and confirm a higher...
DXY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Overall we have been very bearish on DXY and last week was spent consolidating at this new low. Going into this week we’re looking for lower highs closer to 108.500 resistance. If we see this we can confidently say DXY will continue bearish. Trade scenario 2: The...
GBPCHF OLHC (BUYS) YEARLY STRUCTURE (NOVEMBER 2022) YEARLY STRUCTURE ( MONTHLY TIMEFRAME ) Please support this idea with LIKE if you find it useful.. Three Important keys to look out for. 1. Market Structure (OLHC) 2. Bullish Divergence 3. TDI Cross (Bullish Cross) Yearly Structure for GBPCHF in the DAILY timeframe is OLHC(OPEN LOW HIGH CLOSE) BUY SETUP. ...
USDCAD Bearish Idea Daily Trend: Bearish 4hour Trend: Bearish 1hour Trend: Bearish Trade scenario 1: We are looking bearish on all higher timeframe. Looking for continuation after a lower high forms at 1.33000. Trade scenario 2: Price can break back above the resistance and continue upside. Look for long entries after higher low confirmation at 1.33000.
Gold Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: After last week we can now see that gold is bullish on all major timeframes. Going into this week we’re ideally looking for gold to continue bullish, we just need to see some structure first. Look for a higher low as close to 1675.00 as possible before entering...
EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: We are looking bearish on the 4hour timeframe but higher timeframes point to bullish still. With our eyes on our key zone, 144.000, we’re looking for reactions to better understand where price action is going next. Ideally, if we continue bearish we want to...
USDJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We are looking more and more bearish on UJ as we change higher timeframe trends. Going into this week we want to look for structure, so that means a lower high forming near 140.500 with convincing bearish variations to short on. Trade scenario 2: The other...