Trader_366_FX

Trader_366_FX Updated 

We see price take out all sellside liquidity from a HTF. This signifies that price is willing to go lower to finally pullback from a weekly perspective. Intraday buys to sell are still a good option, however because there is a clear market structure shift on the daily based on candle closures, we can possibly expect a mitigation of higher prices to 2382.61 ...

Trader_366_FX

Price is overall on a consolidation phase, but we're still bearish from an intraday perspective, however in discount from a HTF perspective of bullish structure. Granted we're at a significant weekly demand level that we can definitely see higher prices short term from here. Ideally we'd want a bearish move to sweep sell side liquidity, then push bullish to...

Trader_366_FX

Weekly Outlook for Week 7-11 August 2023. We see from this past week that we've respected the SIBI from and closed bearish on Friday. Taking into consideration that we certainly are in a tight range as far as the weekly breaker is concerned, I still have bearish expectations going into the new week to seek sell-side liquidity and rebalance the BISI left from...

Trader_366_FX

OVERALL TREND BIAS- BULLISH Looking for long opportunities as well on the Aussie Dollar, price has rejected and been stopped from breaking below a key structure level that's acted as support multiple times. Looking for a bullish engulfing candle or some sort of buying pressure to enter on the 15M TF this week. Similar to GOLD, we can scale our positions...

Trader_366_FX

OVERALL TREND BIAS- BULLISH Price movement- consolidating in a channel the past couple of days before market closure. This looks like bullish flag pattern that's forming on the daily TF and multiple wick rejections to the downside signify a strong bullish trend that may push the price higher. Looking for only buy setups here. and targetting the 1800 and 1815...

Trader_366_FX

Overall trend bias-bullish Huge dip over the weekend, but still at an overall correction phase to the upside. Looking to retest 38.2 support level and rally towards the upside.

Trader_366_FX

Overall trend bias- bullish Seeing a bullish rally from the 23.6. Potential retest and move towards the upside. Taking a long entry from here based on price action from the 1H TF. What do you think?

Trader_366_FX

Overall trend bias-bearish Short entries on 3 potential scenarios Scenario 1- Break of support structure-->retest resistance--> short entry Scenario 2- rejection of resistance level 38.2--> short entry Scenario 3- break of 38.2-->retest--> rejection from 23.6--> short entry What do you think?

Trader_366_FX

Overall trend bias- bullish Long setups potentially forming on 4H TF. Scenario 1- Break into HHs-->retest-->long entry Scenario 2- retest-->long entry Scenario 3- break below 23.6-->rejection from 38.2 support-->long entry What do you think?

Trader_366_FX

Overall trend bias-bullish Looking for long entries for this one Scenario 1- break-->retest-->long entry Scenario 2- rejection from support--> long entry Scenario 3- Break-->retest of resistance--> rejection from lower support level-->long entry Scenario 4- (unlikely scenario) but looking for a long entry from lowest support level rejection What do you think?

Trader_366_FX

Overall trend bias- Bullish We have 3 possible scenarios where price can take us. Looking for long options on the 1H TF depending on price action. Scenario 1- break--> Retest--> Long entry Scenario 2- Rejection off support level --> Long entry Scenario 3- Break below support--> retest of resistance to lower support--> Long entry What do you think?

Trader_366_FX Updated 

OVERALL TREND- BULLISH ON THE DAILY (OVER 200EMA) and at a corrective retracement of a key support structure level. Again looking for long setups based on key support levels, looking to break into higher highs with a potential bounce retest of a major key support level at 1.380 and 1.380 Otherwise we have a key support level between 1.367 and 1.368 that price...

09:11

Trader_366_FX

My thoughts on AUDUSD, GBPUSD, NZDUSD and XAUUSD. What do you think?

Trader_366_FX

OVERALL TREND DIRECTION- BEARISH ON THE DAILY TF. Corrective and ranging on the 4H TF. We can see that price has made a double top pattern and may potenially look to make lower lows to respect the overall move to the downside. The 2 potential short scenarios this week are as follows. Scenario 1 will follow a break and retest of that support level to the...

Trader_366_FX

OVERALL TREND DIRECTION- BULLISH ON THE DAILY, and currently at a corrective phase and at a key support level. We can see that price has tested the lowest zone broke into newer highs and is currently in a ranging channel that is likely to breakout to make higher highs considering the overall trend direction. Looking for long setups only from this one based off...

Trader_366_FX

OVERALL TREND- HEALTHY UPTREND ON DAILY, CURRENTLY IN A CORRECTIVE RETRACEMENT ON THE 4H TF, WITH THE POTENTIAL TO BREAK INTO HHs. We see price currently in a ranging channel that's being tested multiple times from an overall bullish move on higher TFs. Currently looking to make Higher highs unless price decides to make lower lows, at which may signify an...

Trader_366_FX Updated 

OVERALL TREND- STRONG BEARISH MOMENTUM ON THE DAILY TF, LOOKING FOR POTENTIAL SHORT OPPORTUNITIES ON THE 1H TF. In Scenario 1, price can look to break below out keye 38.2%, retest that major level and proceed to make lower lows (38.2% is where we can look for strong short positions). In scenario 2, price can reverse, retest that major 50% and bounce off our key...

Trader_366_FX Updated 

OVERALL TREND- PRICE HAS BOUNCED OFF A MAJOR STRUCTURE LEVEL ON THE DAILY TF, AND CURRENTLY BULLISH ON THE 4H AND 1H TF. Looking for potential long opportunities based on where it decides to take us. Scenario 1 looks bearish and price is looking into moving down and breaking our 50% level retesting and bouncing off our 61.8% level where we can look for a long...