Overall from a weekly perspective this pair seems to be in a mark down phase
institutions are selling off the top and breaking structure to the low
its going to be an interesting week but the price points labeled in green
'are going to be key areas I pay attention to this week
but overall I have a bearish bias from a swing perspective
what are your thoughts?
Here are some key price areas ill be watching this week on AUD USD wanted to share my perspective
and levels so maybe you can come up with some key thoughts on your own in regards to weekly or daily direction
either way hope this helps as you prepare your analysis
The composite operators seem to be distributing assets
we have to expect a daily rise to form the LPSY up for LPSY and then a deep dive to discounted prices
These Prices are key areas to watch from a swing perspective
what are your thoughts?
Hey traders a beautiful end to a great week on the charts.
As the market closes and we anticipate another week Im thinking
we can look for longs on EU.
I see FVG and Liquidity resting above that the Market makers
may want to fill and balance out. If this schematic is correct and this spring
is infact correct then I am waiting on a test and then a move up
BEUTIFUL ENTREY 3PIP STOP LOSS AT 60PIP REWARD AT THIS CURRENT TIME WILL HOLD THIS TRADE ALREADY TOOK PARTIALS AND STOP IS AT BREAK EVEN. NO DRAW DOWN ON THIS TRADE AT ALL. I COMBINE SMART MONEY + WYCKOFF TO GET BEAUTIFUL ENTRIES
GBPJPY seems to be in a Huge accumulation but was very favorable to us in our last set up with over 100 pips made
I believe we may not have seen the last of its rise... and can possibly see this accumulation schematic play out
what are your thoughts? do you still believe GJ will rise or the day of the BULLS are done?
Share your thoughts below would love to...
Here is the daily analysis idea I have on GJ
This pair I must say has been a difficult call from the intraday perspective
However we profited huge on trading the range these past few weeks
I am still holding a bullish bias personally on this pair until it fills the
imbalance in price above... But lets wait and will see what happens
I am curious to know what...
I can't seem to unsee this schematic my buy limit was triggered and therefore
im ok with this. I do see clean lows that the market may want to sweep but
when the liquidity providers kick in I have a strong sneaky suspicion a lot of
sellers will be crying? (or buyer) wait? but I'm buying LOL
this has been tough call guys will post my daily analysis as well
xauusd on this chart I've got key prices marked out for those who trade gold to consider
if Gold is trading within the current range we can see significant reactions at each of these
all the best I hope this helps all the Gold traders
HERE ARE KEY AREAS ILL BE WATCHING THIS WEEK ONCE PRICE REACTS
AT ANY OF THESE AREAS I WILL MAKE A TRADING DECISION OVERALL
FROM THIS PAIR ALONE WE ARE LOOKING TO BANK ABOUT 200+ PIPS
GBPCAD IS ONE OF MY FAV PAIRS BECAUSE IT MOVES A BIT MORE SMOOTHLY
THAN OTHERS. LONG TERM I AM BUY BIASED HOWVER THERE IS ALSO
ALOT OF SELL SIDE LIQUIDITY RESTING BELOW CURRENT...