TraderMozo

TraderMozo

PAIR: AUDCHF On both the 1H and 4H timeframe, we can notice continuous bounces off the 0.57275 level Price then climbed sharply and has been consolidating in a triangle pattern. This could be a signal for continued upside movement in the near future. This trade setup will be invalid when price breaks under 0.57880

TraderMozo

Mainly looking for price to form a new swing high first, before dropping to the 31.5k level. Keeping an eye on the RSI oversold level - a bearish RSI divergence could signal the start of the small drop. 31.5k price level seems appropriate to place an entry as a support level and FVG is there. From there, price could bounce and chop sideways around 38 to 39k,...

TraderMozo

PAIR IN FOCUS: GBPJPY BIAS: BEARISH / SHORT Price has broken the rising trendline and support zone. It has now retraced slightly and is retesting the resistance zone.

TraderMozo

PAIR IN FOCUS: GBPCHF BIAS: BEARISH / SHORT Price broke the rising trend line and also a support zone. Price retraced and retested the zone, could head for another leg lower.

TraderMozo

PAIR IN FOCUS: NZDCAD BIAS: BULLISH / LONG As stated on the chart, price broke under the zone and had retraced strongly, breaking back above the previously broken zone. This rejection shows that price does not really want to head lower. In another perspective, price could also be forming an inverse H&S pattern as well. With market shifting back into risk-on...

TraderMozo

PAIR IN FOCUS: EURAUD BIAS: BEARISH / SHORT Price has broken down from a support zone, currently consolidating and could head lower for another leg down. Market shifted into risk-on sentiment which could see risk-on currencies (e.g., AUD, NZD) continuing strengthening, which would then see EURAUD declining.

TraderMozo Updated 

PAIR IN FOCUS: CADJPY BIAS: BEARISH / SHORT Market sentiment shifted to risk-off, resulting in a weak JPY which saw CADJPY and other JPY pairs rise. Price is currently retesting a previously broken resistance zone, and could head down. A continuous strong risk appetite in the markets would see this setup fail quickly.

TraderMozo

PAIR IN FOCUS: AUDUSD BIAS: BEARISH / SHORT Price has broken down the support zone and consolidated / retested the zone. SL just slightly above the zone to give space for price to move a little.

TraderMozo

PAIR IN FOCUS: GBPJPY BIAS: BEARISH / SHORT Price seems to be rejecting the resistance zone. Candle wick rejection off a resistance zone with a 50% fib. retracement, gives more confirmations for an entry. Targeting the previous swing low for TP. SL placed just slightly above the rejection. Price could attempt to retest the resistance zone again before the next...

TraderMozo

PAIR: EURCAD BIAS: BEARISH / SHORT Price has broken down from the consolidation zone, and retested it. Price could either drop strongly, or have another attempt to retest the zone. If price attempts to retest the zone again, it is crucial to note if price forms a new recent high. The probability of a bearish move after a new high is lower. Should this bearish...

TraderMozo

PAIR: GBPJPY BIAS: LONG Here is a simple long setup idea based on the Break & Retest strategy.

TraderMozo

Company Name: Peak Fintech Group Inc. Stock ticker: PKK (CSE) / PKKFF (OTC) *** Plans to change ticker to TNT after NASDAQ uplisting Sector: Technology Industry: Information Technology Services General Business: - Parent company headquartered in Canada, has a group of subsidiaries operating in China's commercial lending industry. - SME's in China...

TraderMozo

PAIR IN FOCUS: GBPAUD BIAS: BEARISH Price has broken from a mid-term ascending trend line and retested it. We can see that after the ascending trend line has been broken, price continued to break below a structure support. We may see a retracement to the area marked out, before the next bearish wave. We can draw a descending trend line based off the lower highs...

TraderMozo Updated 

PAIR: AUDCAD BIAS: BEARISH HORIZON: MEDIUM-TERM Price has nicely formed a head and shoulders pattern, which it broke down from, coinciding with a break of the rising trend line. We could see price have a retracement to the structure zone, where the 38.2 Fibonacci level is at, and possibly retest the descending trend line as well. With multiple confluences,...

TraderMozo Updated 

PAIR IN FOCUS: USDJPY BIAS: BULLISH HORIZON: SHORT TO MEDIUM-TERM Price is in a short-term uptrend and the bullish momentum may continue. We could see price retest the zone which confluences with the ascending trend line. Look for bullish price action before any long entries. A retrace to the zone would offer a good R:R for this trade. Target zone is a nearby...

TraderMozo Updated 

PAIR IN FOCUS: EURJPY BIAS: BULLISH HORIZON: SHORT TO MEDIUM-TERM Price has nicely broken above structures and nearing a higher time frame structure zone. Before that, price could retrace down to retest the broken structure around the 125.50 range before the climb to the targeted structure zone. Look for bullish price action during the retest before any long...

TraderMozo Updated 

PAIR IN FOCUS: EURGBP ACTION: SHORT HORIZON: SHORT TO MEDIUM-TERM Price has broken down of a strong structure level and currently hovering under it. Price is under the 50 EMA and the 8 & 14 EMA crossovers signal a short-term price downtrend. We could see GBP strength continue, which would drive this pair downwards towards the next structure level. Price could...

TraderMozo Updated 

PAIR IN FOCUS: GBPJPY ACTION: LONG HORIZON: SHORT TO MEDIUM-TERM Price has broken above the 134.700 structure level after consolidation. We could possibly see price retrace back to that price range to retest the structure before continuing the next move higher. Area of entry would be 134.600 to 134.750, and TP would be 135.900 to 136.000 range. Important to...