GBPUSD 1h Analysis April 6th, 2022Now as the price rejected the support level we are interested in buying positions. But then price could break below the support so we are also ready if it happens.
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EURUSD 1h Analysis April 6th, 2022Now that the price broken the support level we are more interested for taking short position. So a simple break and retest pattern could play here wait for confirmation before entering.
USDCAD 1h Analysis April 5th, 2022Overall bias is bearish but as the price didn't close below the previous low we might see a retest from the previous support level that would act now as a resistance. Or a break below then short on a retest.
EURUSD 1h Analysis April 5th, 2022As the price is trading at our support level we then wait for its reaction. Either a rejection so we are bullish to target the previous high or a close body candle below it so we are short at the retest.
GBPUSD 1h Analysis April 5th, 2022Price is still moving sideways and trading within the range so we could possibly trade it by buying at the support and selling at the resistance level.
BTCUSD 1h Analysis April 3rd, 2022For me personally bitcoin us bullish in long term bias but as a short term trader we trade what the market gives us today so the idea in trading bitcoin right now is bearish. As you can see on the chart it is primarily short since it rejected the resistance level multiple times now and moving towards our support level. Be cautious of your risk management only risk what you can afford to lose.
NAS100 1h Analysis April 3rd, 2022Price is moving bearish now but then be aware of these levels on the chart they are important levels to look at. Wait for price to taps in to either of those levels especially the 14600.00 it is best place to enter buy to target the 14900.00 resistance or sell to target the 14300.00 support level. Just be patient and eventually it'll come to our way.
CADJPY 1h Analysis April 3rd, 2022 The trend is still bullish but as of now price is consolidating so we could see price breaks below the support level but then price could also bounce from the support level. So just be patient for the price to taps in our support then wait for confirmations.
GBPAUD 4h Analysis April 3rd, 2022 A very simple and nice break and retest set up. Just wait for the price to pull back towards our previous support level that would act now as a resistance level. Be patient and keep an eye on this pair.
USDCAD 4h Analysis April 3rd, 2022After a series of bearish market structure the price now is consolidating waiting to continue to bearish or gaining its momentum to the upside. Our best case scenario is to buy at the support and sell at the resistance during this time. But if it breaks any levels then we are ready either way.
NZDUSD 4h Analysis April 3rd, 2022Just like with GJ price can either bounce from the support level then target the Daily High. Or breaks below the support to target the next previous low or any level of danger.
GBPJPY Analysis April 3rd, 2022Either price could bounce back from the support level or breaks below it. So tomorrow in London session we can see its movement so it has momentum to go to our set up. If price happens to break below then look for next possible level of danger. But if it bounces from the support then our target is the Daily High of the Daily timeframe.
GBPUSD 1h Analysis April 3rd, 2022As the week is starting we can clearly see that the price is moving sideways and could potentially break above our previous resistance and be bullish til the target of 1.33000. But it can also reject the resistance by targeting the support level around 1.30600.
XAUUSD Daily Analysis April 3rd, 2021Gold Neutral idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Ranging
Trade scenario 1: We are looking bullish on the higher timeframes while the 4hour is ranging a bit.
We know how to play ranges so we will ideally look for a bullish break of the range with a higher low above.
Trade scenario 2: For us to consider Gold bearish we would need to see a bearish break of the range. Look for a break and retest before entering short.
EURJPY 4hour Analysis April 3rd, 2022EURJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: EJ is looking newly bearish on the 4hour as we just saw a break of a higher low and price action is currently retesting.
From here we’re looking for strong bearish candles to enter short on.
Trade scenario 2: For us to consider EJ bullish again we ideally want to see a break of 137.000 resistance with a higher low above.
USDJPY Daily Analysis April 3rd, 2022USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Every timeframe on UJ is looking very bullish but also pretty steep. We have to be careful when scoping trades.
Ideally we continue bullish and spot some strong bullish confirmations right in this area. Look to target higher toward 125.000 resistance.
Trade scenario 2: For us to really see UJ as bearish we need to see a break of support around 121.250 followed by 120.000
AUDJPY Daily Analysis April 3rd, 2022AUDJPY Neutral idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are looking very bullish here on AJ and nothing here suggests otherwise. We have experienced a very large increase in volume which leaves us lacking structure.
Before we can consider any trade scenarios we need to see a massive pullback with structure.
Trade scenario 2: The other scenario is that price action is not done rallying. It is very likely price action pushes toward 95.000 resistance then present reactions.
AUDUSD 4hour Analysis April 3rd, 2022AUDUSD Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are overall very bullish on AU but we are seeing some consolidation in the form of a range at this high.
From here we need to see structure. Look for price action to pullback to support near 0.74000 with a confirmed higher low before entering long.
Trade scenario 2: For us to consider AU bearish we need to see a break of 0.74000 with a lower high below.
DXY (USD Index) 4hour Analysis April 3rd, 2022 DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Technically all timeframes are looking bullish, however, we can see a large 4hour range between 99.250 resistance & 97.850 support.
The most likely scenario is that price action continues toward 99.250 resistance before seeing any sort of reaction.
Trade scenario 2: For us to consider DXY bearish we would need to see a break below 97.850 support with a lower high below.
XAUUSD 1h Analysis March 30th, 2022Currently price is trading at a key level which is an S/R level. So now this level was tested multiple times as a support and a resistance. So now either price rejects it and target the 4h support level or breaks above it. Just be patient waiting and keep an eye on this pair.
USDCAD 2h Analysis March 30th, 2022The overall trend of this pair is still bearish however we are in consolidation period right now. So either wait for price to breaks below the support or join the buyers push price to the upside.
GBPUSD 1h Analysis March 30th, 2022As the price is currently trading at the 1h S/R level we still wait for the price to reject it as the NY session opens. But then if it breaks above it we are more likely bullish so just be patient waiting.
EURUSD 1h Analysis March 30th, 2022Now that the price breaks above the 4h resistance level we then wait for a pullback to retest the resistance. But if it breaks below the resistance or breaks above the previous high then this set up is invalid.
