ddreamz

ddreamz Updated 

Hello, Just entered this short on GBP/AUD. Reasons: - Bigger timef frame resistance - The price got rejected few times in the same area and there is no HH , HL sequence. - The current move is really struggling to go up. - Buyers' momentum looks like it is slowing down. First target around the blue dotted line. Good area to book some profit and move stops to...

ddreamz Updated 

Good morning, I will be looking for a short opportunity on this pair today as a H4/H1 trade since the daily and H4 resistances are at the same spot. Even if the H1 does not give a good opportunity for an entry this still maintains an overall sell for one timeframe higher. The original trend looks healthy as well. GBP is currently weak whereas AUD is showing...

ddreamz Updated 

Similar idea on GOLD. I like how this thing looks. It has a potential to go way lower after this huge range breakout last week. The recent downtrend here looks quite healthy as well. I will be stalking H4 for a pullback towards 1300.00 so I can enter short.

ddreamz Updated 

Hello, Next week I will be looking to short EUR/USD on a potential pullback to the recent resistance. The trend looks strong. The last leg went way further than the previous one but not that smoothly. However, I will be aiming for quick targets rather than trend continuation trade. There are 2 points of concern for me: 1) Even though the trend looks strong it is...

ddreamz Updated 

Hello, SPXUSD pulled back at the recent resistance zone from the daily where the last breach happened. The first reach to this area led to a massive sell. Now, the buying momentum looks aggressive but it is slowing down, showing the H4 buyer is losing strength at the same area. Entered short with a stop loss around - 2685 First traget - 2633 Good luck :)

ddreamz Updated 

Hello, My idea on USD/JPY for the next week: Judging from the Daily downtrend, the price is still holding below the last zone it broke. It is just ranging. This is a sell opportunity from the top of a range that has been created. H4 chart overcame the buyer last week. I am looking to short from the recent sell zone on the H4 with the overall flow. Good luck!

ddreamz Updated 

Similar idea on USD/CAD based on smaller time frames. I will be looking to short this as it is coming closer to this H4 sell zone. I don't have a setup here, so I will wait it to happen. The sell area is quite big in this particular case, so once the price comes closer/inside the zone - be ready. If we don't get a decent signal from there, next sell area is from...

ddreamz Updated 

This is the next pair that I will be stalking next week for a buy. This one looks less dangerous than the EUR/CAD idea. We can see it is still a trend state and the price is just at the recent daily support. I personally like both ideas - they give me low risk and good targets. Maybe on this particular one the SL should be a little bit wider taking into...

ddreamz Updated 

Good morning, Here's my idea on EUR/CAD for the next week: Weekly chart: Price at the most recent weekly support. Daily chart: Strong trend and price starts moving sideways with no lower lows from 1.5800 and no higher highs above 1.6100. I define this as a range within a strong uptrend. Based on this idea I am looking to buy this from the H4 chart but firstly I...

ddreamz Updated 

Hi, Just entered long here with 25pips SL. H4/H1 trade. Target 1 - recent high Target 2 - recent daily resistance I am looking for quick targets since I don't like this recent daily pullback - it's way too deep. However, I saw an opportunity and I entered but be careful with further targets.

ddreamz Updated 

Good morning, My idea on USD/JPY: The price just reached the most recent sell zone from H4 and Daily perspective that could make the sell trade even more powerful. I will enter this only as a H4 trade if I get the confrimation I need. The first target would be 105.200. Further targets depend on the reaction there and how deep the price action goes so it can turn...

ddreamz Updated 

Hi, This pair will be on the watching list for the next week. I will be looking to short this if I get a test around 148.00. The entries will be based on a smaller time frames since I don't usually use that big stop losses but I see a huge sell coming in here with targets around the weekly lows. - Price at weekly resistance - Daily buyers fading Possible...

ddreamz Updated 

Hi, My idea on EUR/CHF: Daily chart - strong upside movement. There is still space between the last aggressive sell ( space to buy). H4/H1 - I saw the price was pulling back towards the recent H4 support super slowly. As it was pulling back it made a low and then a lot of unsuccessful attempts for new lows from the same area, making me thing this resistance is...

ddreamz Updated 

Hello, Here's my brief analysis on GOLD: I've been stalking this one for some time, so now I see some kind of an opportunity for longs. Price at recent daily support where it reacted couple of times and started moving inside a range. Now it is holding on the botm of this range and it is showing the recent sell (starting point) was challenged and now we've got a...

ddreamz Updated 

Hi, My analysis on GBP/USD: - Price at 1.3800 as daily recent buy zone. After that we had no higher highs, so I count this as the last upside breach. The price now pulled back at this zone for second time and reacts. - I see the H4 buy not only as a pullback but as a trend resumption opprtunity since this buy came in very high with a strong candle inside mini...

ddreamz Updated 

Hi, I will represent my shortened analysis on this pair. - Strong down trend - Price at daily resistance levels. - H4 strong sell off challenging the spot where the last buyer has been activated - Aggressive test phase ends up with a big wick on top. - We have an area that holds so we can place a SL above 2 types of resistance - JPY still looks strong pair on...

ddreamz Updated 

Hi, As I shared in my previous analysis on EUR/GBP I am long-term buyer on this pair, but I see a short opportunity on this one based on 2 inside bars and strong false breakout at area where the initial sell has begun. Even though, this setup is usually strong, I am looking for quick targets because of the strong upside movement before that and my overall idea of...

ddreamz Updated 

Hi, I just noticed that long opportunity on this pair has already set up. Most of the my trades are based on the Daily/H4 charts. I see this as an opprtunity since we have an upside breach of the last threshold of the sell ( daily ), having that said we have a new support right there and this big red candle is a pullback to it. I will be monitoring the H1 for...