Hi Traders, USD/CAD has caught my attention once again. This time against my Original bias a few weeks ago. Looking at the Dollar we see that it has been strengthening across most major pairs. USDCAD has now created a false break out and I see opportunities to find a Long position. If we look left, it may seem like Price is currently retesting a previous level...
Hi Traders, Here is a quick update on Nasdaq, Price has broken the resistance of the 11700 level we have been watching since last week. I have been waiting for Price to create a retest of the broken structure and it seems that we may have gotten it now. If you look to the left, You will see an inverse head and shoulders pattern which is now being retested should...
Hi Traders, GBP/JPY is showing me some interesting Price action. When looking to the left where the red arrows are, You will see that price has created some sort of Double Top. When looking at how Price has been moving you will see that it has broken the neckline without retesting it. Moving along Price has come back to the Neckline where it is currently trading...
Hi Traders, NZD/JPY Could provide us with a Beautiful trade, As per my signature setups, I always try finding trades with a clean range to the left which gives the trade a high probability of playing out. We are looking at the 4-hour timeframe where price is currently trading at 85.500, I am now just waiting for price to break out of the current resistance of...
Hi Traders, Today I see a setup on Pound Aussie for a potential swing short which could yield a great return if patience and great trade management are applied. Price has clearly rejected a higher time frame Resistance and we are now looking at price pushing to the downside. I would like to see price take out the current support at 1.76580 where we can then wait...
Hi Traders, I am currently watching USD/JPY for a potential Long Position. Now looking at standard price action, Price has created a Double bottom and went as far as breaking the neckline. The conventional way to enter this would be by entering once price has retested the neckline, which there is absolutely nothing wrong with. However, looking at the way price...
Hi Traders, Here is another potential long coming up on EUR/AUD. Price has been rejecting the same level of 1.52730 which now seems like it may be ready to break and close above. if price is able to close above resistance I will be looking for some sort of pullback to go long, We also have a beautiful clean range to the left that can be easily filled. I am...
Hi Traders, New week, New opportunities, today I see a simple play on EUR/JPY, Price is bullish based on the higher timeframes such as the weekly and daily so it makes sense to try finding those buying opportunities on the lower timeframes. What we have is price currently looking very convincing in the continuation of the HTF momentum, Price has managed to break...
Hi Traders, Here is a quick update on the Nasdaq, As per my previous post on this instrument, I have been waiting for price to create the Inverse Head and shoulders, Which we can see has played out thus far, Of course anything can happen and price does not have to do what we expect. I am waiting on a break of structure at 11720. Where I will then have...
Hi Traders, BTC/USD is not done with its bearish run, I do believe we will see price give another leg to the downside, It may consolidate before breaking or it might just break the low and continue bearish. I would like to see price first create some sort of consolidation before taking a sell position. We are currently sitting at 19300, a support based on the...
Hi Traders, Here is a quick update on AUDUSD. Price has taken a few days to move but eventually made the move down and I was able to secure 100pips with a small position still running. Looking at price now I see potential for price to retest the broken support and then once again hit a new low, I would like to see the h4 candle close below the resistance in...
Hi Traders, Today I take another look at GBPJPY, Price has dropped as expected in my previous post, But I have gotten stopped out before the drop. Looking At price, I believe the move is now done and we can expect a continuation to the upside. Based on the 30-minute timeframe we have bounced off support and started moving bullish with all the current 30-minute...
Hi Traders, Looking at GBP/JPY I can see price may Potentially give us a pullback into an untapped resistance which is now support, I have taken an early short position and may add more if this current H4 candle closes bearish. When tapping into the weekly I Notice that price may be at the final Highs of the week for a potential bearish flip. Price has also...
Hi Traders, Gold seems to be setting up for a High probability trade. I love how price is currently consolidating in a Falling wedge kind of manner, this indicates the first signs that price may continue exploding higher. Price is also currently bouncing off support at 1834.5, If this price holds, we will most definitely see price start tempting the highs of...
Hi Traders, Interesting price action on crude oil. On Friday we saw a massive sell forcing price back below the support of 114.46. Price created a very strong bearish engulfing candle and I would like to see price now retrace before looking for shorts. We have seen the price of oil rise heavily over the last few months due to the shortage of supply as well as...
Hi Traders, I trust everyone had a well-rested weekend. Today we have a holiday in the U.S and as you can see, The market has been very flat so far. I am looking at EURJPY as I see a high probability setup. Based on the higher timeframe price has been bullish for a while now. We see that the weekly timeframe close last week has spiked the low and then continued...
Hi Traders, We face a new week of trading, Looking at AUD/USD, I notice a very simple play. We are still in a downtrend on the pair and I am looking at the structure to provide me with an opportunity to go short. As per the structure, we see that price has created a lower low, followed by a lower high, and the high has created a double top and broken the...
Hi Traders, I trust all is well, I am taking a look at Nas100usd with the higher time frame and fundamentals in mind. Price is currently sitting at weekly support of 11100. This level could provide a Reaction for a pullback to take place. If this happens we would need to see some levels broken in order to get involved. 11560.0 Is the level I need to be breached...