GBPJPY 4h Analysis May 16th, 2022The overall movement is bearish so we can ride the short momentum now or wait for a break below the support for more confirmation.
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XAUUSD Daily Analysis May 15th, 2021Gold Short idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are still looking very bearish here on gold and are currently expecting a pullback.
Look for a lower high to form near 1830.00 resistance with good bearish setups to follow. Target lower toward 1800.00 support area.
Trade scenario 2: For us to consider Gold bullish again we need to see a higher low above 1830.00. Look to enter long on strong bullish setups and target higher toward 1870.00 resistance.
AUDJPY 4hour Analysis May 15th, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking very bearish here on AJ as we saw a daily head & shoulders pattern execute last week.
Going into this week we’re looking for lower highs and rejection from key levels of resistance like 91.000
Trade scenario 2: For us to now consider AJ bullish we need to see a break of resistance around 91.000 with a higher low above.
USDCAD 1h Analysis May 12th, 2022Still waiting for the price to break the high and make a retest so we are long on that retest.
GBPUSD 1h Analysis May 12th, 2022If u didn't follow my analysis u missed baggin so mich money from this pair. But u can also ride the bearish momentum during the NY sesh today.
EURUSD 1h Analysis May 12th, 2022Price is really bearish so either price reject the weekly support level then retrace from the previous support level that would act as a resistance since we are pretty bearish. Or price could easily break the weekly support now.
USDCAD 1h Analysis May 11th, 2022 If you follow my yesterday analysis then you are baggin a lot of money now. As the price retested the support level then it is becoming more bullish. So we need to wait for a break and retest to happen.
GBPUSD 1h Analysis May 11th, 2022Just like with EU the same approach with this pair we might be bearish since the effect of the major news.
EURUSD 1h Analysis May 11th, 2022As the CPI news went positive for the outcome then a sudden bearish movement happens to any pairs against the usd. So keep in mind price could reject the support and consolidates.
USDCAD 1h Analysis May 10th, 2022Since price breaks the previous high we then wait for a retest and enter long on that level to be bullish.
GBPUSD 1h Analysis May 10th, 2022Still waiting for price to either break below the support level or reject it since buyers can kick in to push the market to the upside.
EURUSD 1h Analysis May 10th, 2022Price is still moving sideways and we need to wait where could the price go. Just be patient cuz we are ready either way!
BTCUSD 4h Analysis May 9th, 2022Cryptos are very bearish and bitcoin is really pushing to the downside so we expect price could drop to the support level of the daily timeframe around $30k.
NAS100 4h Analysis May 9th, 2022The overall bias is still bearish but as we approach the support level of the daily timeframe buyers could push this pair to the upside. But price could easily break the support level so be patient wait for more confluences in the market.
CADJPY 1h Analysis May 9th, 2022Price is ranging but it is close to the support level so we are more interested in looking to long this pair.
GBPAUD 1h Analysis May 9th, 2022We are currently trading at the resistance level so either price could reject or break this level then we have a solid bias where price could go.
NZDUSD 4h Analysis May 9th, 2022Price is really bearish so we can ride the bearish momentum and targets the weekly support level.
GBPUSD 4h Analysis May 9th, 2022Currently trading at the support level so price could reject this level as buyers are ready to kick in. But a break below could happen as the volume is really pushing to the downside.
USDCAD 4h Analysis May 9th, 2022Price is trading in the resistance level where we anticipate a rejection to go short or a break above to go bullish. Just be patient waiting for more price action.
GBPJPY 4h Analysis May 9th, 2022As price is moving towards the support level we wait for a rejection to be bullish or wait for break below to be bearish.
XAUUSD 4hour Analysis May 8th, 2021Gold Neutral idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are newly bearish on the 4hour & daily timeframe on gold as we recently broke well below 1930.00.
For us to continue selling we need to see the bearish trend continue strongly. Ideally, we can see a lower high below 1870.00 that we can enter on.
Trade scenario 2: It is also likely that price action will bounce right now and head back toward 1930.00.
I would be hesitant on entering on this move or while price action is approaching 1930.00. This level has been proven as a key level on major timeframes so how price action reacts will more clearly show us potential trade scenarios.
EURJPY 4hour Analysis May 8th, 2022EURJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Looking bullish again on EJ as this consolidation is seeming to end.
We are looking to enter long once we can confirm this higher low above 137.000. Look to target higher toward key resistance levels.
Trade scenario 2: For us to consider EJ bearish we would need to see a break of 137.000 with a lower high below.
USDJPY 4hour Analysis May 8th, 2022USDJPY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are no doubt bullish on UJ and in fact overextended on the higher timeframes.
Going into this week I will not accept any scenario unless we get structure first.
Ideally, price action pullsback to 127.700 & our 38.2% fib level and forms structure. From here we will look to enter long on a strong reversal + bullish setups.
Trade scenario 2: If we are to consider UJ for short opportunities we need to see a lower high below 127.700.
