USDJPY is giving us another clean SELL setup. It's just a matter of time and patience under price get to somewhere around 112.200 Only then will I consider take a SELL on this pair. Anything aside this will be too risky for me to take.
AUDUSD: this pair made a significant move last week as expected but retraced instead of moving up to our TP level. I think this buy setup still holds because we already see a channel form and price is now retesting a 1W major trendline.
PLEASE USE PROPER RISK MANAGEMENT
This is a solid swing trade set up. We should expect price to drop
XAUUSD. We should expect to make impulses and a push to the downside anytime soon provided Gold is able to push up and hit the trendline. We'll look for SELL entries on 5m or 15m
GBPUSD is forming a familiar reversal pattern and price is expected to push up and touch the trendline in order to complete this pattern. We're only looking for SELL opportunities here so we'll wait patiently and monitor price action at the top in order to get the best entry point with a good risk to reward ration. Hopefully, we get to take this trade either today...
NZDUSD has been bouncing off of the trendline on multiple times frames for a while now and we see a grave stone on the daily time frame which gives us more confluence of a push to the down side. We'll most likely see impulses to the downside any day during this week or next week. So we can wait for the best entry setup on either 1H or 15m. Better still, you can...
#CADCHF on the daily time frame gave us a double top which indicates a push the downside but we see price slowing down and creating a lot of indecision candle instead of impulses which tells us that CADCHF isn't ready for a bearish move yet. Now on 4H, we see a familiar pattern that gives us multiple confluence of a last push to the upside before makin the...
EURUSD has now displayed a Head and shoulder pattern after last week's break and retest on the 4H time frame. I believe we'll see an upward movement this week but I'm waiting patiently for more confirmation. I'll only take this trade when there's a 200MA crossing on the 4H time frame. This confirmation might happen today or tomorrow or even later in the week.
Please use proper risk management
please use proper risk management.
please go through and confirm first before entering this trade. It's important.