Good day Traders!
Today we cover the AUDUSD pair a very interesting pair to go Short.
This is my Multi-Timeframe Analysis outlook on this pair,
On monthly chart the AUD broke the trenline resistance level, an indication of a new High on AUDUSD (Long Bullish Market) But before that the AUD is on the Accumulation Phase Stage looking for the Potential Support...
USDJPY Short Weekly Trade Setup ~
As we see on the daily chart a perfect over extended '' W '' Formation has been created, Plotted on the Strong Resistance level and Strong Daily Support level.
Okay, lets proceed on the COT report the Commitment Of Traders. On the previos COT Data the JPY pullout -7.7k Long and Added +4k Short giving the Total of 42.7k Long and...
Hello Traders! Today i'm gonna share my USDCAD Trading Idea for this upcoming weekdays. Here are my Analysis on this pair. First lets take a look on the previous and recent COT report. The Commitment Of Traders, To see what they are actually Doing. As we see lastweek they added +5.3k Long and 5k Short giving the total 28k Long and 48k Short, meaning there is more...
Hello guys! This is my outlook trading idea on EURUSD first lets take a look on COT report. The Commitment Of Traders. As you see , They added additional +4,700 Long, and +130 Short. Lastweek they pullout -10k long and added +9k short. In COT perspective the market is trying to push to re-test the 1.13900 ~ 1.14000 to get more Liquidity to Sell their Long...
There is a highest possibility to re-test the 1.2730 ~ 1.2780 Resistance Zone level this coming week for this pair, In Accordance to Commitment Of Traders (COT) report. We see that they added additional +5k Long and Only +800 short. In my opinion the GBPUSD will likely to re-test this level to gather more liquidy in order to pull back the price down to...
We have confirmed the short trade setup on daily chart. Note: This is multi-timeframe chart analysis
We can now enter our short position. SL and TP are shown on the picture
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Reposted - Reason moderator deleted for violating the house rule, I indicated my telegram on my last post, Sorry for that.
Enter Short Trade, We have confirmed the signals on daily chart. This is multi-timeframe chart analysis supported by Commitment Of Traders (COT) reports
SL and TP are shown on the picture
I posted my Multi-Timeframe chart analysis on this pair awhile ago. This is our detailed entry.
We have two options;
1) Enter the long position immidiately after the breakout, Be sure that the 4 hour candle closed atleast 10 pips above the trendline level.
2) Wait for the price retracement after the breakout
TP and SL is shown on the picture
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