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...
USDJPY Short Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We’re looking to continue with the bearish trend but will need to see a confirmed lower high first. Wait for a pullback to 104.850 followed by strong rejection. Enter short and target low toward 104.500 and lower. Trade scenario 2: Price action goes bullish and...
AUDJPY Short idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Looking bearish as we have a recent 4hour break of structure. Currently looking for a retest and a confirmed lower high below our 4 hour resistance at 76.300. Enter short on strong bearish setups and target lower toward our negative fib levels and 200 ema. Trade...
AUDUSD Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Price action resumes the overall bullish trend and pushes through our 4hour level at 0.72700. Enter long on strong bullish setups confirming a higher low above 0.72700. Target higher toward key resistance around 0.73400. Trade scenario 2: Price action goes...
DXY Short Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish 1Hour Trend: Bearish Trade scenario 1: Trading with the overall trend we will look for short opportunities. Current price action just broke 1 hour structure and crossed through the moving averages on this 4hour timeframe. Look for a lower high below 92.850 which would also confirm a...
Gold Long idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: We will look to continue with the bullish trend. Enter long on a confirmed higher low above 1930.00. Look to target higher toward our -27% fib level and potentially higher toward 2015.00 Trade scenario 2: Price action turns bearish. Look to enter on a confirmed...
EURJPY Short Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: Price action continues bearish. Look to enter on a break and retest of 122.200. Enter short on a confirmed lower high and target lower toward our 121.000 support level. Trade scenario 2: Price action turns bullish. Look for a higher low to form above 123.000...
USDJPY Short Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: Price action pulls back to form structure and a lower high at our 4 hour level around 104.150. Look to enter short after the lower high is confirmed and target lower toward 103.000 Trade scenario 2: Price action goes bullish. For us to consider any long...
AUDJPY Short idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: Price action forms a higher low at our 75.000 handle and gives us strong bullish setups. Enter on a strong bullish setup & break of the resisting trendline. Target higher toward 76.000 Trade scenario 2: Price action goes bearish. Look for a lower high to form...
AUDUSD Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Price action remains bullish! Look for momentum to continue pushing price action into our key resistance level around 0.73400. (high risk entries) Trade scenario 2: Price action pulls back to form structure followed by a confirmed higher low above our daily...
DXY Short Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Price action has been steadily falling as the election has been developing. Now that the election is over we could see the speculation and bearish momentum start to die down near a major level of support. Trade scenario 1: Looking for price action to push into major support 91.750...
Gold Short idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bullish Overall gold has been very bullish on higher time frames but we have been seeing some bearish momentum recently as the usd is rallying. Trade scenario 1: Look to continue to ride the 4hour bearish momentum. We can consider a short entry after we see a lower high below 1875.00....
EURJPY Short Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Overall this pair is very bearish and is a bit overextended. We are looking to continue with the bearish trend but need to see a high probability setup to enter on. Trade scenario 1: Price action pulls back to form structure and then continues bearish. Look to enter on a lower...
USDJPY Short Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish 1Hour Trend: Bearish Overall we are clearly bearish and will look for bearish opportunities specifically until we see a significant amount of bullish momentum Trade scenario 1: Looking to continue with the overall bearish outlook. Ideally we want to see a lower high below 104.500...