Hello traders and analysts, Here is an update - see linked idea below. we have a new opportunity for the USD CHF - we have a nice correctional move for some dollar strength after an impulse move - however; the 50% fibonacci has been rejected - so now looking for a entry if price corrects up to 38.2% or the 50% again - in order to collect further...
Look for an rejection or engulfing candle in the area of our entry or place a buy limit.
Hello traders and analysts - We have our take on the EUR USD - a lot of speculators have seen the Euro as the stronger of the currencies against the USD which has been seen as out of favour - but this is all part of the plan from the FED and US government in order to see the dollar as good for import and export . Is this all part of the money printing plan for...
Hello traders and analysts, we have a nice update to GBP AUD - now the weekly and monthly zone has been touched and rejected - the bulls are in play now COT data: Pay attention to the Long positions added back in June. The sentiment has changed dramatically Aussie cot Data - Date Long Short Total %Long %Short ...
Hello traders and analysts, Here is our take on GBP USD - the trade is active, with FX it is a moving target so we will look for an additional entry upon a nice supply up coming but will it hold? the answer is yes, so price reacted at our 0.705 and resisted - now we have a long aiming to close into the purple zone. COT report: Long Short Total %Long...
Hello traders and analysts, We have an update to our GBP AUD trading range - price is still very much ranging but we have managed to yet again catch a trade to the upside whilst still hedging the downside movements. Over the end of last week, we saw the Aussie get stronger but was not enough to break through to 1.78 area. so the demand zone still stands and the...
liquidity raid taking place, entry short should be the lower high, SL above HH
Hello everyone, we wanted to try something a little different today but doing a quick video showing our AUD USD intra day chart. Swings The technical side; Supply imbalance - weekly Daily - manipulation move in the supply zone 1 hour chart shows a wedge pattern which allowed the bullish momentum to correct and look for upside potential, however this failed and we...
Swings The technical side; Supply imbalance - weekly Daily - manipulation move in the supply zone 1 hour chart shows a wedge pattern which allowed the bullish momentum to correct and look for upside potential, however this failed and we caught the trade during the London open. If you did not catch this move, this is no problem. Look for a pullback and re-enter...
Long term we will update with our long bias, however the sells are still looking to test the weekly and monthly zone this week. Technicals: Downtrend - rejection of monthly supply Daily in a weekly and monthly zone - demand could be a potential swap zone as the zone underneath is a setup for a strong fresh touch of demand. However, the GBP is weak, so is...
Dax correction or long term? Regardless - we are short What can we see technically? A strong supply level. which price has tested and was respected. The imbalance of the supply is evident due a strong engulfing on the daily . Targets are the zones market on the chart and beyond . If the daily target bounces - we will allow price action to either reject...
Daily time frame we have a good sell off pattern as price hit our weekly supply imbalance. Price made a good manipulation move yesterday during NY hours. The technical side; Supply imbalance - weekly Daily - manipulation move in the supply zone Watch out for on the way down for false dips, but the confluence of the trade will take us down to a level of 66...
Overall we look for this pair to drop. #Propheticpips
What do we see? Fundamental wise buying greed in the US and world markets looking to make a recovery without realising how much stimulus has gone into each country. Technicals - we have a great monthly swing all time low - which has created a great base and imbalance we have targets from the "corona" drop - however we also can see a long opportunity to test...
on the Indice trading side we are not selling nor buying right now We can see the great imbalance from the demand zone - which is weak but we have a strong supply here so we can definitely see great potential for the supply to sell off. Note: only if price shows a rejection and imbalance then we will execute on the daily timeframe. Using the supply and demand...
So As of right now I would be looking for short term and possibly long term BUYS on foreign currencies because I am bullish on the dollar. If we have a drastic market structure shift in the dollar then I will change my bias on the DXY and post it here. As you could see the DXY came down to the Order block but just missed the price on the mean threshold by a few...
its lit. I see a big red imbalance and I Want that filled. I am favoring the buy but if it breaks below my bullish engulfing zone ill look for sells. I am more of a break and retest trader. I dont take many rejection/retest of support areas.