AUDJPY Long idea Looking more bullish on this timeframe and will continue with this trend as we see it form Long entry opportunities on a break and retest of 75.000, target higher toward major resistance Short opportunities on a confirmed bearish transition. Look for a break and retest of higher lows and target lower toward major support.
AUDUSD Long idea Looking very bullish on this timeframe and could be getting ready to make another push higher At the current zone we want to see strong bullish setups confirming the break of 0.69900. We can then consider long entries targeting key resistance around 0.70800 If we start to see bearish movement instead, look for a break and retest of a 4hour...
DXY Short Idea Still looking for the next bearish leg toward 95.00! Overall sentiment and structure suggest a bearish bias so we will continue looking for sell opportunities. We can re-analyze and consider long opportunities on this timeframe if we see 96.50 break and retest!
Gold Long idea Overall gold is very bullish and has reached a very important level this past week, 1800.00 We can clearly see that gold is due for a pullback to form structure, however, recent momentum could continue to push price action higher. At the max I could see gold reaching 1825.00 then retracing to form structure at the 38.2% or 61.8% fib level Once...
EURJPY Short Idea Higher timeframes are significantly bearish while the daily and 4hour are more bullish, however, we may be seeing a confirmed 4hour bearish transition this week. Currently looking at short opportunities as we saw a break of our ascending channel. Wait for the confirmed retest with bearish setups then look to target lower toward major support...
USDJPY Short Idea All higher time frames are significantly bearish and we are looking to enter on a bearish continuation. We can also see that price action on the daily timeframe has been ranging between 109.250 & 106.000 and the most ideal trade would be a breakout of this range. Within this range we can also look for lower timeframe trade opportunities....
AUDJPY Long idea Currently we are in a 4hour bullish trend, however, we can see that higher timeframes are very bearish. Price action is forming a nice bullish channel on the 4hour and could have the potential to climb back up to 76.000 To enter long we want to see a strong bounce off 74.000 and a break of resistance at 74.500 with bullish setups along the way....
AUDUSD Long idea Higher timeframes are bearish while the daily & 4hour are bullish Currently we are looking for a bounce off support at 0.69650 and will look to enter on strong bullish setups confirming the bounce. Look to target high toward 0.70800 In the scenario where price action fails to push higher, look for a break and retest of 0.68500 before...
DXY Short Idea Overall sentiment on higher timeframes is bearish We are now looking for continuation opportunities to the downside. Last week we saw a bearish break of our ascending triangle and price action is now establishing lower highs. We will favor a strong bearish continuation and are looking for bearish setups at the current level. Look to target...
Gold Long idea All relevant timeframes are significantly bullish We will continue to look for long opportunities after structure formation and higher lowers. Currently we are looking for a bounce or break of 1767.50 1.We see a bounce at 1767.50 followed by strong bullish setups, look to target higher toward 1800! (The blue trade path) 2.We see a break and...
EURJPY Long Idea The monthly and weekly timeframes are very bearish whereas the daily and 4hour timeframe are bullish Currently we are forming an ascending triangle and are waiting for some sort of breakout opportunity. We can identify two potential scenarios for price action in the near future: 1.Price action breaks to the upside and out of this pattern. Look...
EURUSD Long Idea The monthly and weekly timeframes are bearish while the daily and 4hour timeframes are bullish Currently looking for a breakout out of this daily bullish flag but we can clearly see two potential scenarios for price action: 1.Price action breaks and retests 1.12500 confirming a higher low which we will enter on and target higher toward...
AUDJPY Long idea The monthly and weekly timeframes are bearish whereas the daily and 4hour timeframes are bullish! Depending on how price action reacts at this current level we have two potential scenarios: 1.Price action breaks and retests 74.650 confirming a higher low which we will enter on and target higher resistance levels like 76.000 (The blue trade...
AUDUSD Long idea The monthly and weekly timeframes are both very bearish whereas the daily and 4hour timeframes are bullish . Current price action on this timeframe is forming a broad ascending triangle with key resistance around 0.69650 and higher lows narrowing the range. We will continue with this long bias and will look for proper confirmation to the...
DXY Short Idea The monthly and weekly timeframes are bullish while the daily and 4hour timeframes are bearish. Current price action is now showing more bearish momentum and may be due for another leg down We have two potential scenarios as to where price action may go: 1.This ascending triangle is completed with a breakout to the downside. Look to enter on a...
Gold Long idea Gold has been extremely bullish on almost all timeframes. We will continue to look for low risk long opportunities as they present themselves. Currently price action is in the middle of a bullish leg toward 1800.00. The proper entry was on a break of the symmetrical triangle around 1730.00. To enter into a long position now we want to see a...
EURJPY Short Idea The overall trend on this pair is bearish, however, we have seen a strong 4hr bullish trend push price action up toward a major resistance level around 123.400 From that level we saw price action swiftly reverse and began forming a descending channel which is in line with the overall bearish sentiment Currently we have two potential scenarios...
EURUSD short Idea Higher timeframe analysis shows that the overall sentiment is bearish but recently we have seen a strong 4hour bullish trend This 4hour trend found resistance around 1.1400 and formed a head & shoulders reversal pattern. We can now see that price action is in a descending 4hour channel and is currently at a crucial level around 1.11745 From...