Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Overall we are definitely bearish and we’re looking to continue with that trend. We will look for entries once we see a break below 1740.00 with a lower high below. Trade scenario 2: If we see a reversal at 1740.00 it is likely price action will push upward...
EURJPY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: Overall we’re still pretty bearish although we did have a large 4hour rally that could change the trend if price action gets above 130.000 Ideally we see a reversal and continuation of the bearish higher timeframes. Look to enter short on a strong reversal from...
USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bullish Trade scenario 1: The 4hour timeframe is newly bullish due to a large rally last week which broke our 110.000 & 110.300 resistance levels. At the current level there is no trade so we will have to wait for our next higher low. Ideally, we see a pullback to 110.300 with a...
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Overall we’re still bearish but we’re seeing an attempt at a 4hour trend change, we are just waiting for this potential higher low to confirm or fail. If we see a strong reversal at the current level, wait for strong bearish setups to enter short on. Target...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Still looking bearish, especially on this 4hour timeframe while price action remains below 0.73000. From the current level we are looking to enter short on the next lower high or on a confirmed reversal from 0.73000. Look to target lower toward 0.72000 Trade...
DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Still looking bullish here on DXY, it’s very likely we’ll see price action push into our 93.800 resistance level. Keep in mind price action could test support at 93.000 again before continuing higher. Trade scenario 2: For us to consider DXY bearish we first...
Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We saw a nice break below 1800 followed by huge bearish volume. Currently for us to enter short we need to see a pullback with a nice lower high below 1800. We also will consider short scenarios if we see a major break of support at 1740. Trade scenario 2: For...
EURJPY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We’re definitely looking bearish here on EJ and we’re looking to continue with that trend into this week. At the current level we’re waiting for price action to break and retest our 128.900 level so we can enter short on a lower high. Trade scenario 2: For us...
USDJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: Overall we are still technically bearish as long as we are below 110.000 but DXY has shown to be very bullish. I am sticking to a bearish outlook because we have multiple levels of resistance and the technicals show that a short scenario is closer to happening...
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: AJ is also looking very bearish and had some nice movement last week. At the current level it looks like price action formed a pattern and is now continuing. This is an area where entry signals are present and there could be a decent trade here. We will look...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking bearish on all timeframes and we recently broke support at 0.73000. Ideally, we will see price action retest 0.73000 and form a lower high with confirmations we can enter short on. Trade scenario 2: For us to consider AU bullish again we will...
DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We’re still very bullish on the USD overall and it looks like it will continue. Currently we can see price action will most likely continue into resistance around 93.800 where we will have to re-analyze. If we see a higher low above 93.000 that will be acceptable...
US30 Bearish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: All timeframes are mainly bullish but we’re seeing what looks like an attempt at a 4hour transition. We saw rejection around 35000.00 and current bearish setups are confirming a reversal. From here we’re looking for a lower high below 35000.00 with strong bearish...
Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking bearish again but we need to be patient as we’ve seen gold range for a while. For us to enter short we need this recent lower high to follow through with strong bearish setups. We’ll look to enter on strong bearish confirmations that break minor...
EURJPY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We’re looking full bearish now! We just saw a perfect lower high right after a break of 130.000. We can find some lower timeframe entries now or in the next few hours if price action pullsback again. Trade scenario 2: For us to consider EJ bullish we ideally...
USDJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: Definitely looking bearish here overall but we have recently been consolidating and forming a pattern. From here we’re looking for this recent break to follow through for confirmation. Once this happens we can enter short and target lower toward key support...
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We’re seeing some strong bearish volume stepping in here and we officially have a 4hour transition with the confirmation of a lower high. From here we’re looking for support at 80.750 to break with a lower high below. We have a lot of room to fall if this level...
AUDUSD Neutral Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: AUDUSD is back to bearish as we have broken lower into the range and formed a lower high. It’s likely price action will continue to range but if price action follows the overall trend we should see a strong continuation. For us to enter we ideally need to see a...