AUDUSD is one of those currency pairs that I've been analyzing lately, without entering any trade. I'm planning to finally enter a trade on this currency pair, on a potential breakout of a short-term support, that might happen within a good down-channel. Following the trend, risk to reward ratio better than 1:2, definitely an opportunity that I want to try to catch!
Good morning everyone, today looks rather similar to yesterday, we are flowing with bearish spread SMA´s and are below the Daily Pivot, so for now I am not considering long positions intraday UNLESS the trend line and after that Daily Pivot get´s broken upwards. Short term trend is intact for shorts. Waiting for validating signals right now, no trade at the...
On a previous setup, I'm selling this small down wave for a pullback.. However once we hit this zone, then I will look for the buy entry for a larger wave up. I'm anticipating this will occur during the next NY session. RR is 1/3
GBPCAD is due for a wave down. It has reached a weekly level. Therefore look for price action to break down to previous daily key levels. The best case scenario is a fake breakout of that level on the 4 hour. As the price breaks back in, enter a sell position.
AUDUSD is due for one more wave up. Wait for a swift move down, and then open a buy position to ride one more wave up.
EURUSD has hit a 4 HR key level. Before a larger wave up, we can sell for a smaller wave down. This is a 2/1 risk reward, so manage risk properly
Good morning traders, today we are set below the Daily Pivot on 60 and the SMA´s are still messy, so no clear direction defined yet. The price has not managed yet to overcome the Daily Parallel Channel Middle Line, which is increasing the odds to the bearish side. A retest of the $7400 resistance could initiate another drop. Targets are sadly below $7k. There...
After a long push to the downside we see that it is getting closer to 1.600 which has been respected and possible third touch to the uptrend. Will look for a rejection looking for buys but if broken will continue to look for sells
Two trendlines broken. NFP rectraced the price to minor res marked. Multiple times rejected from 1.34 key level. DXY short correlation .
Eurgbp is at a major key level. We can anticipate price to begin to make its initial moves to began a true trend reversal
AUDCHF is currently in a up wave correction for a bigger down wave. We are possibly getting near a key level that will be faked out once, then will return back in the sell zone. If this occurs and price action is showing momentum to the downside, then you can enter a sell near the key level. AUDCHF is due for one more wave down, but I'm anticipating a larger wave...
This pair is following simple structure. I just placed a buy with a 27 pip stop loss
Here we have very strong support. Really very strong, because it is a global Price Pivot Zone. The main resistance is now much closer to the actual price. So interesting setup there. Pretty clear Bearish pennant spotted on 1H timeframe. In this case, we will go down to ~$6200-$6450 zone AlT: Local updated channel if we will break this main resistance. And it...
EURJPY opened the trading week with a very strong bullish momentum! Just breaking the previous swing high, I think we might see a continuation of the up-movement. Risk to reward ratio very favorable, with the stop loss below last swing low.
Sorry for sharing this trade late, just connected to my TradingView account. NZD/USD broke a good congestion level, but I preferred to wait before opening a long position. I was waiting for the breakout of a second important level, formed by the previous important swing high. After the breakout, very easy trade to catch. Let's hope for the best :)
Previously I was looking for a sell at a lower key level of USDCHF. However this last week, it has broken a Daily Key Level. Therefore it is most likely seeking a price closer to the weekly Key Level. Therefore we can look for a short term Buy this week. very small stop loss. I will update later for the bigger wave down. That is the trade I do not want to miss if...
Today was a crazy day for DXY. We saw a large drop in value and as a result are expecting a pullback before the next drop. In the idea I highlight the key levels of interest where I am looking to sell again. There are two key levels that I am looking for highlighted in the chart and my take profit is a long one, looking for a swing sell. Message me to join my...