TRADE UPDATE Previous analysis: Please see original analysis linked above for in-depth explanation of our long bias. We are still awaiting a break below and close below this blue short-term up trend line on the hourly chart to execute a short position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a...
Though GBPJPY has been in a bit of a corrective phase, on the higher time frames it is clearly in an overall bearish downtrend... consistently making lower lows. For this reason we are only interested in taking a short position on this pair. We are viewing this slight bounce on the hourly to be a corrective pullback that will eventually continue in the direction...
Though EURUSD has been in a bit of a corrective phase, on the higher time frames it is clearly in an overall bearish downtrend... consistently making lower lows. For this reason we are only interested in taking a short position on this pair. We are viewing this slight bounce on the hourly to be a corrective pullback that will eventually continue in the direction...
EURJPY has been in an overall bearish downtrend over the past few years... consistently making lower lows. Though price action has been choppy making violent swings, the market is holding its bearish bias quite nicely. For this reason we are only interested in taking a short position on this pair. We are viewing this slight bounce on the hourly to be a corrective...
AUDJPY has been in an overall bearish downtrend over the past few years... consistently making lower lows. Though price action has been choppy making violent swings, the market is holding its bearish bias quite nicely. For this reason we are only interested in taking a short position on this pair. We are viewing this slight bounce on the hourly to be a corrective...
Details are on the chart, however a longer move is possible due to a European session start TIMING STOP LOSS IS A MUST IN THIS METHODOLOGY AND A TRAILING IS PREFERABLE! It is a scalping methodology, and also there is no need to post analysi, as so many good analytics are here already, so I do not want to create a no needed competition, however starting...
Most likely gonna hit 38.20% at the psychological major structure level 108.00 Gonna Watch Price Action after to indicate direction
EURGBP has been making consistent moves to the downside over the past month or so and for that reason we are only looking to play this pair to the downside. With that being said we are viewing this recent move to the upside as a corrective pull-back of the overall trend and therefore we would like to see price action stall out and then continue to the downside. We...
Sell @ 1.1485
Good short coming intio play may be just a short term scalp
USDCAD has been in a serious downtrend consistently making lower lows and lower highs and breaking short-term up trends with great bearish momentum. Knowing this we are looking at any short-term up trend as a corrective pullback that when broken will spark a continued move to the downside. This type of market will provide us with very high probable set ups if we...
Despite the choppiness and volatile swings, EURJPY has clearly been in a downtrend consistently making lower lows and lower highs as made clear by the image below: Knowing that the overall market direction is to the downside we are only interested in taking a short position on this pair. We are awaiting a break below and close below the short-term blue...
TRADE UPDATE Previous analysis: Please see original analysis linked below for in-depth explanation of short long bias. We are still awaiting a break below and close below this blue short-term up trend line on the hourly chart to execute a short position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting...
TRADE UPDATE Previous analysis: Please see original analysis linked below for in-depth explanation of our long bias. We are still awaiting a below above and close below this blue short-term up trend line on the hourly chart to execute a short position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting...
TRADE UPDATE Previous analysis: Please see original analysis linked below for in-depth explanation of our short bias. We are still awaiting a break below and close below this blue short-term up trend line on the hourly chart to execute a short position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting...
TRADE UPDATE Previous analysis: Please see original analysis linked below for in-depth explanation of our short bias. We are still awaiting a break below and close below this blue short-term up trend line on the hourly chart to execute a short position on this pair. We will also need to see confluence from our price action forecasting algorithm...