Long on PullbackLooking to enter longs on a pullback to retest broken resistance which is now key support in confluence to the 0.5 fib retracement and respectable ascending TL.
Confluences
Long on PullbackNice potential opportunity to enter longs a pullback retesting the broken descending TL in confluence to the previous area of S&R and 0.618 fib retracement. Further upside expected.
Breakout Confirmed | Long Setup on Pullback Looking to enter longs on a pullback to retest key confluences:
- Broken descending TR
- Previous resistance now support
- 0.5 Fib retracement level
- Respectable ascending TR
GBP/USD intraday setupprice is still consolidating around the 1.3700 price region, we have found some intraday bearish exhaustion around 1.3620 which has acted as liquidity zone previously, and have seen some buying power around this zone.
risk/reward slightly tight
EUR/GBP intraday setupsigns of bearish exhaustion around the -27% fib region acting as support as price failed to break below it, even followed with another spiked rejection could further add consensus to our bias, which we could expect some upward shift in price action.
risk/reward is 1:2
USD/CAD market positionutilising the market trend as a general map of how price action is behaving, USD/CAD has been trading aggressively bearish. Despite price attempting to reverse, we see a strong confluence around current price region acting as a resistance for candlestick rejections as well as a key fib level.
risk/reward ratio 1:2
gbp/jpy market setupAs clearly mentioned price is respecting our 61.8% retracement region, we could expect potential downside pressures into previous spiked lows.
risk/reward ratio is 1:1.5
market execution: eur/cad analysisPrice is exhibiting some rejections around the 61.8% fib region, this could be a point of momentum shifting towards the downside.
risk/reward is 1:2
EURUSD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: EURUSD is sitting around strong resistance in green so we will be looking for sell setups on lower timeframes.
on H1: EURUSD formed an objective trendline in red so we are waiting for a momentum candle close below its last swing to sell.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the green resistance zone.
As price approaches our lower blue support, we will be looking for buy setups.
Good luck!
GBP/USD market setupthe onset of negative sentiment towards the UK with Brexit negotiations falling etc, the price has retraced to a nice rejected fib region. We could expect further downside to previous levels and possibly lower.
Potential trade setup: USD/CAD analysisPrice retraced to the expected region, awaiting for spikes towards the highlighted region for potential short entries. the 1.3450 zone is a key 61.8% retracement region with the counter trendline acting as additional confluence, price is currently trading within a 4HR consolidation box if the candle closes below to the downside, then we can expect the price to show further momentum to the downside.
Short on Pullback-Respectable descending TL, retest expected
-0.618 fib retracement
-Previous support now resistance
-MA50 momentum shift
GBP/NZD analysis- intraday perspectiveprice rejections around the -27% fib region which have previously shown respect to on two different occasions, despite GBP/nzd seemingly being bearish on a larger time frame, we could look for some potential upside before maybe further downside.
risk/reward ratio is tight as usual
EUR/CAD intraday setupOn higher time frames, e can see that eur/cad is continuously bullish and exhibiting higher highs and higher lows. Most recently, price retraced lower to favourable regions where price rejected the 50% fib region which gave us a reason to go long, however, if we see a deeper rejection into our trendline we will look for further longs.
GBP/CAD analysis From our last setup on gbp/cad we saw the surprise and eventual tap of the key region around 1.7400 now price has retraced to the key region where we could expect price to exhibit a new leg to further lows into targeted region.
risk/reward is great as usual
EUR/GBP analysis price retraced to our key fib region, with some consistency of candlestick rejections, could therefore expect a new leg to be formed to create a new high.
intraday setup
risk/reward ratio 1:1.7
gbp/cad intraday setup on higher timeframes, gbp/cad has remained in an upward trend, however, a major key region of 1.7400 hasn't still been tapped. We can see additional confluence around that region. With current fib suggesting additional leg could be formed to tap that region.
risk/reward is 1:3
EURAUD video top-down AnalysisHello everyone, here is the top-down analysis for EURAUD, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
GBP/USD intraday setupprice is respecting our downside trendline, also, there is some candlestick rejection on 5m chart(reversal pattern)
could expect a lower leg being formed, to tap our -27.3% fib region
risk/reward is great
EUR/CHF market analysisprice is respecting our trendline which is also in confluence with our Fibonacci region of 78.6% we could be seeing some new downside leg
pressures being formed.
GBP/CAD analysis We tapped a major psych region for gbp/cad at 1.71000 we could expect some reversal price action, we also see major confluence in support around the 1.7100 region.
risk/reward ratio is 1:3
EUR/JPY market analysisprice has respected our trendline with continuous candlestick rejection, we created some upside momentum however later retraced to the fib region, this could therefore be a significant sign of another leg being formed to tap our targeted region.
risk/reward ratio 1:1.34
AUD/USD analysis trade setupThe pair ha formed a candlestick reversal pattern, with 2 Doji candlestick rejecting our 61.8% key fib region...
we could expect a new leg being formed into the targeted highs around the psych level of 0.71000
risk/reward ratio 1:2.64
