USDJPY SHORT Why are we entering? - in an ABC correction - Expecting rejection of parallel channel and fib zone What is our confirmation? - Break of WFB Entry - Safe Entry; Rejection of fib / parallel channel and break of WFB - Risk Entry: Entry on rejection of fib / parallel channel Once entered, where will our Stoploss be? - Above rejection (30pips) Where...
NZDJPY SHORT Why are we entering? - Expecting JPY strength and NZD weakness - Price is approaching our trendline, structure level - We are currently forming our 335 correction What are we waiting for to happen? - Rejection of trendline & structure level - Break of WFB trendline Entry SAFE Entry: Rejection of trendline, structure and a break of WFB...
GOLD SHORT Why are we entering? - We are expecting upcoming USD strength on the 10/8 13:30 GMT during CPI data release. Strong Dollar = Weak GOLD - We are expecting to see a double top formation - We are currently at the end of subwave 4 where we are expecting subwave 5 to form which is a impulsive wave down What are we waiting for to happen? - Rejection of...
EURJPY LONG Why are we entering? - Expecting JPY Weakness & EUR Strength - Price is approaching a structure level & 1.38 fibonacci level - We are at the end of our ABC correction What are we waiting for to happen? - rejection of structure level & fibonacci level - break of WFB trendline / RISK trendline Entry SAFE Entry: Rejection of structure level & fibonacci...
EURUSD SHORT Why are we entering? - Expecting USD strength during FED (26/27 July) & we are expecting upcoming EUR strength - in subwave 4 now which is a ABC corrective wave where we are seeing a 335 correction - Expecting rejection from our 0.618 finonacci level and descending trendline What is our confirmation? - Rejection of 0.618 fib level - Break of...
USDCAD LONG Why are we entering? - Expecting USD strength (26/27 July) during the FED meeting as they are increasing interest rates. - Anticipating bounce off buy zone - In wave 2 ABC What is our confirmation? - Bounce off structure & fibonacci level Entry - Safe Entry: No safe entry yet. Will look for WFB when we approach the buy zone - Risk Entry: Entry of...
AUDUSD LONG Why are we entering? - Expecting AUD strength and USD weakness - We have completed our bullish corrective wave and we are now at point C & our 1.272 fibonacci level where we are expecting a bullish impulse - We have completed our 5 subwaves down to our channel support where we are expecting strength What are we waiting for to happen? - Price to...
AUDUSD LONG Why are we entering? - Expecting AUD strength and USD weakness - We have completed our bullish corrective wave and we are now at point C & our 1.272 fibonacci level where we are expecting a bullish impulse - We have completed our 5 subwaves down to our channel support where we are expecting strength What are we waiting for to happen? - Price to...
Hello traders, Today we are looking at GBPCHF where we are expecting bullishness. Why are we entering? Price has rejected our lower trendline and structure where we can see clear rejection We have completed our 5th subwave in our impulsive wave, therefore we are expecting a correction We have 2 clear confirmations for a price reversal What is our...
GBPUSD SHORT Why are we entering? - Expecting GBP weakness and USD strength - Price is retesting our structure level & 0.618 fibonacci level What are we waiting for to happen? - Break of ascending WFB trendline & 4HR EMA - Rejection of structure & 0.618 fibonacci level Entry SAFE Entry: Break of WFB trendline with rejection from structure zone & 0.618 fibonacci...
GBPJPY SHORT Why are we entering? - Expecting JPY strength - We are waiting for rejection from our structure level and fibonacci What is our confirmation? - Break of WFB trendline and 1HR EMA - Rejection from structure and fibonacci Entry - Safe Entry: Break of WFB trendline & 1HR EMA with Rejection from structure and fibonacci - RISK Entry: Rejection from...
GBPJPY SHORT Why are we entering? - Expecting JPY strength & GBP weakness - We are waiting for rejection from our structure level and trendline What is our confirmation? - Break of RISK trendline and WFB - Rejection from structure and trendline Entry - Safe Entry: Break of RISK trendline & Rejection from structure and trendline - RISK Entry: Rejection from...
EURAUD LONG Why are we entering? - We broke out of the descending trend and now in a descending correction before we are bullish - Being held down by DAILY EMA - Expecting AUD weakness and EUR strength What is our confirmation? - Break of DAILY EMA and WFB - Bounce off our ascending trendline - Break of possible RISK trendline Entry - Safe Entry: Bounce off our...
AUDCAD SHORT Why are we entering? - Expecting AUD weakness and CAD strength - We are approaching a structure level and descending trendline - We are approaching our DAILY EMA What are we waiting for to happen? - Rejection of trendline & structure level - Price to reject our DAILY EMA - Break of possible RISK trendline Entry SAFE Entry: Rejection structure level,...
CHFJPY Why are we entering? - Expecting JPY strength and CHF weakness - Expecting price to reject our trendline & structure level What are we waiting for to happen? - Rejection from trendline & structure level - Break of Possible RISK trendline & DAILY EMA Entry SAFE Entry: Rejection of trendline & structure level & break of possible RISK trendline Risk Entry...
AUDNZD SHORT Why are we entering? - We are expecting AUD weakness & NZD strength - Price to reject our 4HR EMA & lower timeframe RISK trendline - Price to reject our entry point or horizontal line What are we waiting for to happen? - Rejection of horizontal line (previous highs / structure level) - Break of 4HR EMA & lower timeframe RISK trendline Entry SAFE...
Hello traders Here we have a AUDJPY LONG & SHORT We are expecting bullish momentum due to JPY weakness which will push us up to our main trendline where we are expecting price to reverse from. We will be shorting from this zone. We can see this pair has been in a impulsive wave upwards for the past week & we are expecting a correction to occur before we...
AUDJPY SHORT Why are we entering? - Expecting upcoming AUD weakness and JPY strength - Price is approaching trendline & structure level What are we waiting for to happen? - Rejection of the structure level and descending trendline What is our confirmation? - Break of RISK Trendline - Rejection of structure & trendline Entry 84.1 Safe Entry: Rejection of...