NoahXBorg

NoahXBorg

Look to sell EUR/USD on a retest of any of these 2 points with a bullish confirmation 1. Liquidity Imbalance 2. Level 1.17500 Analysis: 1. Price has been on a recent downtrend making good bearish structure. 2. Price made a big drop at the end of last week; creating a imbalanced S&D 3. Price moved a considerable amount away from trendline (Waiting to retest) 4....

NoahXBorg

Long-Term Sell on retest of Level 0.72500/Trendline/Liquidity Zone * Safest entry would be on a break and retest of previous liquidity (Marked red) Wait for a good bearish confirmation on these points. For additional confirmation: - Look for strength on USD DXY - You may check in with fibs (between 38.2%/50%) (I didn't draw them because it would be too...

NoahXBorg

Long-term Sell Triple confirmation: 1. Level 1.37500 2. Trend line re-test 3. Zone Retest Enter short on: 1. A confirmation bearish candle as price fails 2. Break of counter-trend line (Once Formed) ADDITIONAL CONFIRMATION: Look for strength of the USD on the DXY Short-Term Buy Short-term counter trend trade possible off level 1.37000 (Buy) - Look for...

NoahXBorg

CHFJPY has had a bearish push lately and has just broken the large consolidation box. I will be waiting on a retest of the consolidation box either buy placing a sell limit or enter on market (With Bearish confirmation). I will be looking to take partial profits off level 118.000 and previous structural lows. Main TP would be at previous liquidity imbalance...

NoahXBorg

-Price broke and retested both consolidation box and level out of consolidation and retested level 0.73500. -Price also broke and retested counter-trendline with a bearish engulfing. -I will be shorting and looking at level 0.73000 or previous liquidity zone as take profits with BE protection along the way. -I will be aware of the Retail Sale news release...

NoahXBorg

Currently UJ is in a large consolidation, However we've seen bearish pressure as price failed to hit the Top of the consolidation box. Do note that USD retail sales would be expected later today; (Leading towards more bearish USD) Core Retail Sales m/m (Forecast/Previous) -0.1% -0.4% Retail Sales m/m -0.7% -1.1% I'm looking at 2 potential entries for a...

NoahXBorg

Buy Limit on retest of Consolidation Box where: Fundamentals: USD is expected to weaken based on high inflation and constant Dovish stance by the FEDS. The DXY is also on a bearish structure. Technical-wise: EURUSD has been showing signs of Bullishness recently. I would be targeting previous high for a 1:2 RRR to fill in left-out imbalance. Price has also shown...

NoahXBorg

As USDCAD rejected level 1.27000 and USD's inflation is 5% and above with no signs of any Rate hike as the FEDs remain on a Dovish Stance. I am looking to short as it touches my limit of 1.26807. Do note that CAD's CPI report is also coming out later today, I would be aware of it as it would Significantly affect the price of this pair. I've set a time limit based...

NoahXBorg

Short-term H4 chart showing bullish push while overall long-term trend is still bearish. Price has failed to push above area around level 1.19000 last week. Overall, I'm neutral with a slight bearish-bias on EURUSD as direction of price has been consolidating yesterday. I will be waiting for more confirmation as price moves post-CPI report. As we await the CPI...

NoahXBorg Updated 

As we await the CPI release on NY Open. It seems that the USD has been showing strength in the past week. However it is currently rejecting a resistance of 92.780 on the DXY. To add on to that, most USD pairs are having a small consolidation favoring bullish USD. I will be looking to long the dollar as a trend-continuation strategy if the resistance on DXY is...