- Let me remind you that I am looking to buy EURGBP from early, But unfortunately consolidation went too long.
- Currently we are seeing tat price is approaching on strong Structure level which is Daily.
- I am looking to buy this pair on dips or if you want you can execute long just after counter line to be broken.
"Attaching GBP Index CHART for...
- Let me remind you that we have been selling GBP from TOP Structure level.
- Currently we are seeing bearish correction, Which is showing great selling potential.
How GBP Index will Help us ?
If GBP = BEARISH
- XXXGBP = LONG
- GBPXXX = SHORT
- As we have saw CHF Index which is ready to go for Short ride.
- So XXXCHF like eurchf is gonna give us strong Bullish Impulse.
- Price has already started making structure levels which is great confluence for trend shift.
- The only hurdle is now Counter line which needs to be broken and retest for good Entry.
- Price has rejected from a strong Daily Structure level.
- Made nicely Diagonal formation after corrective waves.
So How Index chart will help us ?
CHF = Bearish
XXXCHF = Long
CHFXXX = Short
- Let me remind you that in my previous analysis I have mentioned selling opportunity and we made great profit.
- Now as we can see price is making bearish correction and approaching on structure level.
- I am expecting great opportunity again on above levels.
- Remember Rejection will be considered on structure level.
"Attaching my previous analysis...
- As we can see CAD index is approaching strong structure level and Forming H&S pattern, I am looking great selling in CAD Index.
- So if CAD is bearish all XXXCAD are bullish.
- USDCAD is on of the high probability setup, I am currently looking for retest before long opportunity.
- Favorite area to consider is structure level from where i am...
- As we all see that price rejected from weekly high and closed below this strong resistance level.
- On lower time frames we have confluences of ascending correction.
- I am looking for great selling opportunity from current price.
"Like and comment if you found this analysis useful"
- Let me remind you that in my previous analysis we got our target.
- Now price has reaching out a very strong resistance area also we have seen how nicely JPY pair is showing bullish power.
- CHFJPY is one of the high probability setup.
- I am looking to sell this pair either from structure level or after counter line broken.
"Attaching my previous...
- Let me remind you that in my previous analysis I have mentioned that price can test previous low and price did same movement tested its previous low and made beautiful diagonal pattern.
- Now if you have watched my CAD Index CHART which I have shared before and mentioned good short opportunity.
- So if CAD is Bearish all XXXCAD are bullish.
- As we I have shared CAD Chart which looks ready for short and mentioned CADXXX are short.
- CADJPY in one of the pair which has high probability for short.
- Structure is looking so aggressive short opportunity.
- We have some confluences on 1H its seems market is creating H&S pattern and on 4H we have Counter line.
- Both structures are shoring...
- It is important to look at indexes for high probability setups.
- After studying CAD Index I am looking for great short impulse.
"CAD INDEX IS SHORT"
- xxxcad = long
- cadxxx = short
- Congratulations for last week as we have made wonderful profit.
- Now if you can see my DXY chart I have mentioned bearish after corrections.
- EURUSD will move vice versa of DXY price.
- I am looking a deep bullish correction in EURUSD before new rise.
- We have strong structure level below from where I am expecting a good bullish move.
- Let me remind you that last week we made wonderful profit with xauusd setup which was shared.
- Now price is doing bullish corrections and testing again strong structure levels.
- I am considering 1807-1796 levels for bullish rejections.
- This time i am looking great buying setup at least price test 61% Fibo level, Which is 1845-1855...
- Congratulations for the previous setup we got our target.
- Let me remind you that in my previous setup i have mentioned wedge pattern which was a good sign of reversals.
- Now after making bearish impulse wave price is making nicely bearish corrections.
- I am expecting that it will complete full target now in next bearish impulse.
- We have...
- Let me remind you that in my recent analysis i have mentioned strong selling because of JPY index Bullish trend.
- Finally the price of GBPJPY approaching my favorite area for entering short position.
- We can have 2 possibilities for execution.
1- Bearish closing on 4H
2- Breakout of Ascending wedge
- Both confluences will work and good...
- Price has reached strong Daily Descending trendline as well as Daily EMA.
- Also GBP Index itself looks so bearish.
- I am seeing good rejections on lower time frames.
- Looking to sell the pair below this trendline.
- Let me remind you that in my previous CHART I have mentioned long opportunity.
- But as you know market always changing overall scenario on daily basis.
- So now accordingly structure I am considering price to test 61% Fibo area which is 1850.
- Over all impulsive opportunity can be taken from 1845-1850 area and I will be looking for big sell where...