USDJPY Short Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish 1hour Trend: Bearish Trade scenario 1: Overall we are still very bearish on this pair and we will continue with this trend. Currently we are waiting for a lower high to form at the current level below 104.200. With a strong reversal from this resistance we can enter short and...
AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bullisj 4Hour Trend: Bullish Trade scenario 1: Overall we are very bullish on this pair still. Currently we could see price action take off from here or pullback to form structure. In either scenario, if price action continues bullish look to target higher toward 79.000. Trade scenario 2: If price action goes...
AUDUSD Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we are still very bullish and are going to continue with this trend until we see a break of a higher low on this timeframe. For now we are looking for a pullback and structure to form. We want to enter long after we see a major reversal from a key fib level...
DXY Short Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish 1Hour Trend: Bearish Trade scenario 1: Looking to continue with this bearish trend after we see structure form. Ideally we want to see a pullback to our 38.2% fib level followed by a strong reversal. Look to target lower toward our -27% fib level and lower. Trade scenario 2: If we...
Gold Short idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Price action continues bearish. Ideally we want to see structure form so a pullback to 61.8% or 38.2% with strong rejection/bearish setups would be enough to enter short on. Look to target negative fib levels. Trade scenario 2: For us to consider long...
EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bullish Trade scenario 1: Price action continues with the bullish trend. Currently we’re looking for structure to form at the 38.2% fib level followed by strong bullish setups. Look to enter long after enough confirmation and target higher toward our -61.8% fib level Trade scenario 2:...
USDJPY Short Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish 1hour Trend: Bearish Trade scenario 1: Price action continues bearish and forms a lower higher at current resistance. Look to enter short on strong bearish setups rejecting this level. Target lower toward our -27% fib level. Trade scenario 2: For us to consider a long opportunity...
AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: Price action continues bullish and breaks through this rectangle and daily resistance at 77.000. Look to enter on a confirmed higher low above this level, enter on strong bullish setups and target higher toward our -27% fib level. Trade scenario 2: Price action...
AUDUSD Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Price action continues bullish. We can look for entries after higher lows form near 0.73350 & 0.74000 with strong bullish setups. Keep in mind the above yellow zone is a major supply zone. The most conservative entry would be on a confirmed higher low above this...
DXY Short Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish 1Hour Trend: Bearish Trade scenario 1: Price action continues with this current bearish push. Ideally we want to see a pullback to form structure at our 38.2% fib level first but we could see price action fall straight to our support at 91.500 without a pullback. Trade scenario 2:...
Gold Short idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Currently we are seeing price action turn more bearish as it breaks through key support at 1875.00. Now we want to see a confirmed lower high which we can enter short on. Target lower toward our monthly key support at 1825.00 Trade scenario 2: Enter on a higher low...
EURJPY Short Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bullish Trade scenario 1: Look to enter short after price action breaks our 4hour support at 123.000. Ideally a strong break and retest would be enough to enter. Target lower toward key support around 122.250. Trade scenario 2: If price action goes bullish look to enter only on higher...
USDJPY Short Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Price action on this pair has been choppy lately as it reacts around our 104.500 zone. We recently saw price action fall back below 104.500 where we now have identified two potential trade scenarios Trade scenario 1: Price action continues bearish but first pulls back through the...
AUDJPY Short idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Price action continues with this bearish channel and forms another bearish leg. Look to enter short after a strong reversal from the current resistance level at 76.000. Look to target lower toward key support at 75.000 & our -61% fib level. Trade scenario 2:...
AUDUSD Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Price action continues bullish. Look to enter long after we see a higher low above these moving averages with strong bullish candlestick patterns. Target higher toward key resistance around 0.73400. Once price action reaches this level look for either a break or...
DXY Short Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish 1Hour Trend: Bearish Trade scenario 1: Look to continue with the clear bearish trend. From where current price action is now we’re looking for bearish conviction candles to begin the next bearish leg. We are targeting lower toward key support around 91.750 & our -27% fib level. Trade...
Gold Long idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: Price action has been stuck in a range recently but looks to be favoring a bullish bias on this timeframe. Look to enter long after seeing a higher low form above 1885.00. Target toward key resistance around 1930.00 Trade scenario 2: Price action goes bearish. Wait...
EURJPY Short Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bullish Trade scenario 1: Price action is still looking bullish overall but remains within a wide range. Currently we are seeing a bullish wedge form and could see a break to the upside. To enter long look for a break and retest of the pattern. Enter long on strong bullish setups and...