This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USDWTI H4 - Manic market behaviour off the back of Powell's talk earlier on today, nice break and retest here on western texas, looks like we could be gearing up for the next move upside, effectively looking to push that H4/D1 channel resistance. Manage to find support even after the USD volatility.
GBPUSD H4 - Cable hit that resistance, shy of initial TP target, but still managed to cover a fair bit of ground. Might see rejections from this region to see trade back down to support of circa 1.31.
NZDUSD H4 - Nice potential break and retest play could be seen here, we have already had a minor break and retest. But could expect something on a slightly bigger scale to confirm a break of previous highs.
GBPCHF H4 - Approaching/fighting that huge 2.00 handle. Also ties up nicely with our previous supply zone and resistance area, could be a good price to look to short from.
GBPUSD H4 - Still creeping higher after a reversal threat, initially pushed 1:1.75 off the initial bounce, before correcting and dumping, partials taken and stopped in profit with the remaining position. Managed to get a late re-entry after fresh highs broke on the hourly.
USDWTI H4 - Looking for a break above the previous high (white line indicated), fresh highs would then be set and resistance would have been broken, failing this, as mentioned in the technical rundown video, we may see a correction back down to the recently broken resistance for more of a major retest rather than yesterdays wick retest.
Taking this trade as a bullish flag pattern has formed so I will be trading after the third touch of the resistance line and looking to go long as you can see on the 4 hourly timeframe price is above the ichimoku cloud which suggests bullish. Stop loss:76.124 Take profit:77.269 Risk/Reward:3/1 The ichimoku is used to help confirm the direction of the trend as I...
AUDJPY H4 - We marked this up towards the latter part of last week, said it could be ready by this middle of this week, no doubt we have seen a break and retest now, but we need to see signs of YEN strength, or corrective moves. Comparing it closely with GBPJPY.
EURJPY H4 - Strong rally to break this S/R zone marked in red, still over an hour to go until we see a close. But a retest of the counter trendline support/local support would be a good intersection point to try and catch a bid.
Price has respect all time high Closed doji candle yesterday and closed bearish candle today. I will wait to sell during London session, only if price is moving down at the time. Trade safe as this pair can move 700+ pips in one day.
EURJPY H4 - Still a little more more long mileage until we hit that resistance trendline and resistance box intersection price at around 125.369. From here we could look for shorts, I'll update the analysis as/if we get closer to this point.
GBPUSD H4 - Lots of consolidation being seen on support, on the fence with the GBP at the moment (as explained in the weekly watchlist), however, decent RR, we know the USD isn't performing particularly well at the moment too. One to keep an eye on.
CADJPY H4 - Finally broken the neckline resistance we were following last week, solid break of 80.300, now looking for a retest of this region to jump in with a long position
HEY GUYS HOPEFULLY YOU DOING WELL .. THIS IS OUR US30 SELL SETUP CURRENT POSITION AT 27912.00 PROBABLY MOST CHANCES IS TO BE BEARISH AND OUT TAKE PROFIT WILL BE AT 27127.69 ..IN CASE IF RESISTANCE BREAK AT 28092.03 IT WILL BE BULLISH .. SUPPORT OUR TRADING IDEA .FOR MORE CORRECTION YOU CAN GIVE US FEEDBACK