Gold Long idea Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Price action continues bullish again! Look to enter on a higher low above 1920.00 with strong bullish setups. Look to target higher toward prior highs and our 0% fib level. Trade scenario 2: Price action pulls back and breaks below 1920.00 again. To enter short we need to see a lower...
EURJPY Long Idea Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Price action continues with bullish momentum and establishes a confirmed trend. Look to enter on a higher low/ pullback to key support 124.350 with strong bullish setups. Target higher toward key resistance around 126.500 Trade scenario 2: We see price action reverse with a break below...
USDJPY Short Idea Weekly Trend: Bearish Daily Trend: Bearish Trade scenario 1: We want price action to follow through with this reversal. We want to see a lower high form below the current area of consolidation & below 105.400. Target lower toward major support around 104.500 Trade scenario 2: Price action breaks above 106.000 with good momentum. To confirm the...
AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Price action continues with this rally. We’re looking to enter long on a confirmed higher low above the 76.000 leve. To confirm the continuation we need some strong bullish setups and a clean break of our monthly resistance level would add confidence to a larger...
AUDUSD Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Price action continues to climb higher. Look to enter on a retest of broken resistance with a confirmed higher low. Target higher toward key resistance levels like 0.72900 Trade scenario 2: Price action breaks back below 0.72000. Look to enter on a confirmed...
DXY Neutral Idea Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Price action continues with the bearish momentum and pushes lower toward significant support. Look to enter on a confirmed lower high below 93.60. Trade scenario 2: Price action pushes back above 93.60. Look to enter on a higher low above this level and target higher toward key resistance.
Gold Short idea Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: Price action reverses at the current level and continues with the new daily bearish trend. Look to enter short on lower highs. Target lower toward prior lows and weekly support. Trade scenario 2: Price action pushes higher breaking key resistance at 1915.00. Look to enter long on...
EURJPY Short Idea Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Bearish volume continues and the current lower high finishes forming. Look to enter on strong bearish setups and target lower toward the 88.6% fib level around 121.000 Trade scenario 2: Price action pushes higher and breaks back through 124.250. Look to enter on a confirmed higher low...
USDJPY Short Idea Weekly Trend: Bearish Daily Trend: Bearish Trade scenario 1: Price action completes it’s reversal at the 78.6% fib level and begins pushing lower. Look to enter on strong bearish setups/ rejection setups from the current level. Target lower toward prior lows and major support. Trade scenario 2: Price action pushes higher, and breaks resistance...
AUDJPY Short idea Weekly Trend: Bearish Daily Trend: Bearish Trade scenario 1: Price action continues with the bearish break and forms a lower high below our daily structure. Look to enter short on strong bearish setups, target lower toward key support and negative fib levels. Trade scenario 2: Price action reverses and breaks through our monthly resistance at...
AUDUSD Bearish idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: Price action continues with the daily bearish trend after rejecting broken resistance and structure at 0.72000. Look to enter on strong bearish setups and target lower toward 0.70700. Trade scenario 2: Price action pushes higher through resistance at 0.72000....
DXY Neutral Idea Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: Price action continues with the 4hour bullish trend and pushes higher toward the daily break of structure around 96.25. Look for lower timeframe confirmations at the current levels to spot early bullishness. Trade scenario 2: We see price action fall back below the recent 4hour...
Gold Short idea Trend: Bearish Trade scenario 1: Bearish price action momentum continues and we see a break and retest of this pennant pattern. Look to enter on a bearish setup after the retest and target lower toward major support and our 1800.00 level. Trade scenario 2: Price action pulls back to test broken support (now resistance) at 1915.00. Look for a...
EURJPY Short Idea Trend: Bearish Trade scenario 1: Bearish momentum continues and we see a break of the current rectangle. Look to enter on a retest and a confirmed lower high below the pattern. Target lower toward major support and negative fib levels. Trade scenario 2: We see price action break bullish out of the rectangle. Entering long will be more risky...
USDJPY Short Idea Overall we are still significantly bearish on this pair. Price action recently pulled back to our 88.6% fib level and 200ema. At the current level we can expect two potential scenarios. Trend: Bearish Trade scenario 1: Price action reverses at the 88.6% and presents a transition. Look to enter short on a confirmed lower high below 105.250....
AUDJPY Short idea Trend: Bearish Trade scenario 1: Price action pulls back to form structure at the 38.2% fib level and key resistance zone (75.00). Look for a confirmed reversal at this level and enter on strong bearish setups. Target lower toward key support and negative fib levels. Trade scenario 2: Price action breaks resistance at 75.00 and forms a higher...
AUDUSD Bearish idea Trend: Bearish Trade scenario 1: Price action pulls back to form structure at either the 38.2% or 61.8% fib level. We will look for short opportunities on strong bearish setups confirming rejection of either of these levels. Look to target lower toward major support and negative fib levels. For us to consider a bullish opportunity on this...
DXY Neutral Idea Trend: Bullish Trade scenario 1: We see bullish momentum continue and price action reaches our monthly resistance level at 95.00 and potentially higher Trade scenario 2: We see price action reverse with a confirmed transition. Look for a lower high below major support around 94.00 to confirm the lower high. Target lower toward major support.