NK008

NK008

Good Afternoon Traders, A couple scenarios for you all, potentially we are in ascending channel as illustrated by the dotted trend lines, the highlighted area is my area of interest will Price action push into this area and reject or will we get a strong bullish candle close, ideally for me if we do ill be looking for a further push out of that area and a...

NK008

Good morning Traders, I hope you have all had a good weekend, As I've been stating in my earlier ideas we are coming into the 1.1490 area, this will be an interesting level, given the buying power that is still within the market as price action is indicating, at this current moment. We could have price action that spills out as illustrated, If we do Id be...

NK008

Evening Traders, this pair has been stuck in a bit of range for me, although it seems we still have plenty of buyers in the market, this being confirmed by the large bullish candles every time we have a sell off, Price action may potential pierce the top of the 1.14410 area before market close or potentially my do so during the Sunday market open. either way i...

NK008

Afternoon Trader, I will be honest and say this IS NOT a trade I managed to take, I simply just missed it. Ill talk you through my thoughts on why I would potentially take this as a trade, we had multi bullish candle closes from the 121.917 level all the way up to the highs of 122.501 level with a swift sell off, initially I was not interested as price action...

NK008

Evening Traders, As we can see I've scribbled a couple scenarios on the chart, it will be interesting to see how price action responds in the coming session we can see signs of exhaustion confirmed by the rejection candles from the 2 previous hourly candle close. I will be watching price action as we progress but I can see the level: 1.1490 as an area of...

NK008

Evening Traders, a few potential scenarios on this particular pair: 1) potentially we are in a larger ascending channel structure highlighted with the dotted outer trend lines, if so I see price action going for another move up within structure, but it will be largely corrective and not the best trade-able move, if we do, ideally a high candle rejection with an...

NK008 Updated 

Afternoon Traders, apologise I am a little later then usual but I only like to share once i have something of value to share. Anyway As you can see from current price action we are stuck in an overall channel, naturally I would be look for a break of the low to then change the trend and enter on a short however, I dont think we are ready for that, just yet. we...

NK008

you had to be up pretty earlier to catch this trade, but it came into my range and I entered, very precise entry with very little draw down. My ideal type of set up, highlighting the channel that price was stuck in, with a key rejection candle and clear momentum to the upside. let me know if anyone got into this trade or didn't see it, great to hear your thoughts

NK008

after showing some very good potential we may get an entry, i will wait for price action to clear the next couple hours and see what state of play we are in if we are still within range ill look to set an order ideal being the first sketch, but as we all are familiar anything could happen with price action either way my position is absolutely clear. by no means...

NK008

well, we seem to be on a moon shoot, absolutely obliterating any notion of a range, Monday could potentially be a very happy one indeed. we may get a potential set up for a long if we have further confirmation. 1.13380 is my area of interest if we get a nice tight bit of price action to this level I will surly be setting an entry Long. potentially markets could...

NK008

price action pushed up during the Asian session but found some resistance at the 1.3360 level. we have now pushed away taking out the previous low however, given that we have no retraced the 9AM candle, I wouldn't be surprised to see price action move sideways, or even push down and retrace. who knows, but ill certainly be watching.

NK008

Last week the week ended with a channel that played out to the upside, followed by a rejection point suggesting bulls are in clear control, areas are highlighted to indicate significance from last weeks high and low, if we have a bullish continuation above the high a trending market may be a probability, a break of the low I would expect bears to follow, I will...