EURJPY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We are full bearish right now on EJ. We’re looking to continue with this trend and we’re waiting for a break of 127.500 with a lower high below. Look to enter short and target lower toward 126.500 Trade scenario 2: For us to consider EJ bullish we would need...
USDJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Finally! We’re looking bearish here on the 4hour as we broke the range and are now forming a descending triangle pattern. Look for a break and retest of the pattern with a confirmed lower high. We can then enter short and target lower toward 111.500. Trade...
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Looking very bearish here on AUDJPY as well. We ideally want to line up with the bearish trend for short opportunities but we can see we’re over extended. We need to see our next lower high in order to continue shorting. Look for price action to reject our...
AUDUSD Neutral Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Overall we are clearly bearish but we can see that we are also very over extended. Price action is currently resting at support near 0.70000 and how it reacts here will determine where we go next. Ideally, we can get a reversal near 0.70000 then wait for the...
DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we’re bullish on all major timeframes but we can see on this 4hour timeframe that we are ranging a bit. We want to line up with the bullish trend so we will wait until we can see a higher low above 96.300. Trade scenario 2: If price action fails to break...
Gold Neutral idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: We saw a ton of bearish volume last week but we can see price action has stopped within this massive range between 1800 & 1825. From here it’s very likely price action will range for a while. Trade scenario 2: If price action is to continue with this large...
EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Looking very bearish on EURJPY and we are looking to continue with that trend. Ideally, we see price action retest 128.850 and present a lower high we can enter short on. Trade scenario 2: For us to consider EURJPY bullish on this 4hour trend we would first...
USDJPY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: We are clearly still within a 4hour range held slightly above massive support near 113.000. The most likely trade scenario for price action is to consolidate within this range after a high volume move. Trade scenario 2: While we remain above 113.000 support...
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Looking bearish on AJ overall. We recently saw price action hit a new low and is now pulling back to ideally form structure. Look for reversals near our 38.2% fib level and 61.8%. Trade scenario 2: For us to consider AJ bullish we would need to see a push...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Looking even more bearish this week here on AUDUSD. We recently saw a break of support near 0.72000 and are now waiting on a retest/ confirmation of our next lower high. Look for short entries on significant lower highs below 0.72000 Trade scenario 2: For us...
DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Looking very bullish still on DXY but we’re overextended. Ideally, we see price action form more definite structure before continuing with the bullish trend. Trade scenario 2: If price action keeps falling, realize we could see support near 94.500 met. Look for...
Gold Bullish idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Looking bullish on Gold and ideally we can continue with this new trend. Look for structure/higherlow between our 38.2% fib and 1825.00 support. Enter long on bullish setups once the higher low is confirmed. Trade scenario 2: For us to consider gold bearish we...
EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Definitely looking very bearish here on EJ. Ideally we can spot a lower high below 128.850 with strong bearish setups. Look to target lower toward 127.500 support. Trade scenario 2: For us to consider EJ bullish again we need to see a higher low above 130.000...
USDJPY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Looking like we’re back within the 4hour range here on UJ. The most likely scenario is that price action will continue to play the range. Trade scenario 2: For us to consider UJ bullish again we need to see a higher low above 114.150.
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: For now it looks like price action will continue to fall but for us to spot a potential long opportunity we need to see a strong reversal around 81.500 support. Trade scenario 2: If we’re to continue bearish we need to spot some lower highs below 81.500.
AUDUSD Neutral Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Overall bearish here on AU but it’s very likely that we will see some sort of reaction around 0.72000 support. No real play here until we see price action play out. Trade scenario 2: If we are to continue with the bearish trend look for lower highs below 0.72000.
DXY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Super bullish here on DXY but we’re seeing some reaction around the 96.300 area. One problem is that we have not seen structure form yet and we’re due for a bit of a pullback. Ideally we see structure form followed by strong bullish setups. Trade scenario 2:...
Gold Bullish idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Looking super bullish here on Gold. We are at key resistance near 1875.00 and we are yet to form structure so we’re waiting for a bit of a pullback before entering long. Ideally, we see structure form near 1825.00 with strong bullish setups we can enter long...