USDJPY Short Idea Overall we are very bearish on all significant timeframes. We recently saw a break of a daily descending triangle with key support at our monthly zone at 106.000 From the current level we want to see some confirmed lower highs with strong bearish setups. Target lower toward major support and key fib levels. For us to consider long...
AUDJPY Long idea Overall all significant timeframes are very bullish on this pair. We will continue with this overall trend until we see a major transition. Current price action is in a large ascending triangle with a monthly zone at 76.500. We’re looking for a strong reversal from the current level at 75.600, with confirmed higher lows. Ideally a break and...
AUDUSD Long idea Overall we are very bullish on all significant timeframes. Current price action is in a wide ascending channel and we will continue to look for long opportunities. For the best potential trade opportunity we want to see a break and retest of 0.71900 with a confirmed higher low above. Target higher toward significant resistance levels. If we...
DXY Short Idea DXY has been majorly bearish on all significant timeframes and we’re looking to continue with this overall trend Current price action has been ranging after a break of a monthly zone. From here we can see two bearish opportunities. 1.Price action pulls back to form structure at the 38.2% fib level and reverses. Look for lower highs and strong...
Gold Long idea Overall gold has been very bullish on all timeframes. Currently we are looking for long opportunities at key fib levels only. This means we have two potential long setups: 1.Price action forms a higher low at the 38.2% with strong bullish setups. Look to target toward prior highs and key resistance levels. 2.Price action pulls back to the 61.8%...
EURJPY Long Idea This pair has been very bullish on the daily and 4hour timeframe and we are going to continue with that trend. At the current level we have two potential long opportunities: 1.Price action pulls back to form structure at the 38.2% fib level and forms a higher low with strong bullish setups. Look to target higher toward the monthly zone and -27%...
USDJPY Short Idea Overall we are very bearish on higher timeframes and are going to continue with this trend. Look for bearish setups at key fib & resistance levels. Ideally we want to see a reversal at the current level. Look to enter on a bearish transition and confirmed lower high below the 106.000 monthly zone. Target lower toward our weekly support & -27%...
AUDJPY Long idea This pair has been in a very strong 4hour bullish trend and is currently at a major monthly zone. We’re going to continue with the bullish trend and look for long opportunities above this zone. Look for a significant break and retest of 76.700 with strong bullish setups to enter on. Target higher toward significant resistance levels. For us to...
AUDUSD Long idea Price action is very bullish on the daily and 4hour time frames and recently broke a major zone around 0.70500. Now we are seeing some consolidation above 0.70500 and are looking for potential long opportunities. 1.Look for a break and retest of 0.71900 with a confirmed higher low. Target toward the -27% fib level. For us to consider short...
DXY Short Idea Overall we are still very bearish on dxy. Recently we saw a significant break of a major zone around 95.00 and now price action is consolidating below it. From the currently level we have two bearish scenarios to consider: 1.Price action pulls back to form structure at our 38.2% fib level & retests our broken zone. Look for a reversal and...
Gold Long idea Overall gold has been extremely bullish and has literally gone straight up without forming structure. We need to see structure form on gold which means a retracement to the 38.2% fib level at least! Until this happens it is hard to make a high probability trade. There are entry opportunities on gold but there is more risk with the current...
EURJPY Short Idea On the daily timeframe and below this pair is very bearish. Current price action is in a retracement and we are looking for long opportunities with the overall bullish trend. Ideally we would like to see a reversal at the 61.8% with strong bullish setups. We can target higher toward our monthly resistance zone and -27% fib level around...
USDJPY Short Idea This pair is bearish on all significant timeframes and we will continue to look for short opportunities with the trend. Current price action is at our monthly zone at 106.000. How price action reacts here will determine where this pair goes next. 1.Price action continues with the overall trend and finds resistance at our monthly zone & 61.8%...
AUDJPY Long idea The weekly timeframe is bearish but the daily, 4hour and below is bullish. Current price action is at a major monthly zone and is holding the trend. We are now seeing a 4hour retracement and will be looking for long opportunities. We have two potential long opportunity scenarios: 1.Price action reverses at the 61.8% and presents bullish...
AUDUSD Long idea All significant timeframes are bullish on this pair and we recently had a change of trend on our daily timeframe when this monthly zone was broken and confirmed. Now we are looking to continue with this bullish trend and enter on long opportunities. We have 2 potential long scenarios: 1.We see price action reverse at the 61.8% and confirm...
DXY Short Idea DXY is bearish on all significant timeframes and we will continue with this trend until we see a major transition. We have two potential scenarios for short opportunities: 1.Bearish momentum continues without forming structure. This is likely given recent fundamental factors. Look for a bearish break of this 4hour range between 93.90 & 92.60 with...
Gold Long idea Every timeframe shows strong bullish movement so we will continue to only look for long opportunities. Recently we saw price action form an ascending triangle at the top of this bullish leg. From this zone we can see 2 potential trade situations. 1.Price action keeps pushing higher. You can place a trade based on price action alone but it may...
EURJPY Short Idea Overall we have been very bullish on this pair and are looking to continue with this trend. We recently saw a bullish break of a symmetrical triangle and are expecting a pullback. Look for long opportunities around the yellow zone between the 61.8% fib level and recent broken structure. (The blue trade path) For us to consider short...