Technical Analysis
Mon 25th Oct 2021 Daily Forex Charts : 5x New Trade SetupsGood afternoon. Early this morning I identified 5x new trade setups on the Daily Forex charts from my watchlist. You can see the charts in this video with my thoughts about each of of the setups noted on the actual charts themselves. There is a fair bit of correlation here so just be careful of your overall risk. Cheers.
GBPUSD Trade Idea Oct 25, 2021Directional bias is short term bullish. A large institutional candle is seen on the 30 minute time frame which indicates a stop hunt on liquidity resting in that area. Therefore I'm looking for price to return to mititgate that entry position created by the banks and then continue upwards. It is already doing that.
GBPCAD Supply And Demand Analysis-Higher timeframe weekly = Price sitting low in a 2 year sideways range where buyers have taken control each time so it's reasonable to look for buying opportunities.
-Lower timeframe 4hr = Price showing evidence on 1hr and 4hr by breaking downward trend lines and removing opposing pivot point zones showing evidence of buyers taking control.
-Quality drop base rally created and currently waiting on a pullback.
Weekly Watchlist! 10/11 - 10/15Here is what stocks we are watching this week as well as a recap of last week's watchlist!
Let us know if you have any questions down in the comments!
NYSE:BA
Nice Pennant forming here.
We will be taking a move over $230 with targets of $231, $232, $234
NYSE:SNOW
Nice level forming on SNOW at $328
We will be taking a move over $328 with targets of $330, $333, and $340






















