AUDUSD moved into the 0.71500As discussed in the earlier post, i had 2 scenarios for this pair. After the liquidity grab below the lows and moving back in, the price remained above and started heading into the upside. The price as discussed reached into the 0.71500 region as discussed and can find some resistance at this point.
Forextradingzones
EURNZD SHORTS 📉📉📉Expect bearish price action over there as price takes out liquidity above old highs+weekly high and 1.68000 as a psycho barrier for the price and then quickly reverse to the downside, we should go below old lows of the accumulation. RISK ON in the markets right now as indexes and crypto rise this could make this chart to go lower
REMEMBER ONE THING - Smart Money sell above the high Dumb money sell at high
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GBPJPY LONGS 📉📉📉Expect bullish price action on GJ price is right now rejecting an important area of supply POC area x2 + bullish orderblocks + bullish imbalances filled. I expect price to take out today the asian highs but it all depends on the volatility because its friday.
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AUDUSD Bullish ContinuationFollowing from yesterdays analysis, the price moved to the upside however didnt go into the buy zone i hoped for. As for today we can see we have a zone of interest we are trading within now. However its best to wait till the EUR/LND open to see the draw of liquidity before entering. The black line is my confirmation once the price crosses above it after completing the grab.
AUDUSD Bulls in SightFrom an intraday perspective what we can see is that this pair moved lower towards the beginning of the week creating the low on the Tuesday as marked. The pair has regained its losses and moved back towards its weekly opening price. The zone above the price has acted as a resistance however has been tapped into many times which would weaken it by the lesser number of sells now sitting within that area. The blue zone shown below the price, along with a HVA, and the asia session range, all now play a key role and zone that the price can move into through the EUR/LND opens to draw liquidity before moving to the upside.
GoldGold is showing a head and shoulder movement.
The price could fall and reach a TP of 1679.5 of the previous big rejection by the
BUYERS of Gold.
The GOLD could reach the lowest price of the 21 August 2021 when gold fell to 1679.5.
The BUYERS could come in to BUY again with the low price to take gold to the highs again.
Maybe the BUYERS are waiting for the NEW YEAR of 2022 to kick up GOLD for NEW Highs.
USDRUB SHORTS 📉📉📉I know this is not the most common currency trading pair to trade but i see there a lot of technical reasons to entry, we are in a bearish market structure on a D1/H4 TF, could expect shorts if price is rejecting bearish orderblock + psychological level 74.000 with targets below trendline liquidity around 60.
Be aware if you take SHORTS there the SWAP IS GREEN
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GBPJPY SHORTS PENDING 📉📉📉I would like to short GJ from 150.500 area where we have to fill H4 bearish imbalance. Price enginered a lot of sell side liquidity on the retail trendline, we should take them out asap as this area looks to good to be true.
Retail Heard are LONG on this pair as they think the trendline will act as a ,, support ,, .
JPY is strong during those RISK OFF sentiment in the market
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USDJPY LONGS 📉📉📉Expect bullish price action on this pair as i look for bullishness in USD, we made a bullish BOS that means price is going for the buy side liquidity areas and filling the bearish imbalances to rebalance the price of the asset. 115.600 should be hit this week i think if we have enough volatility
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DXY big move loading...There is a BIG MOVE LOADING on USD chart. We have an accumulation area from 26 November that means the smart money are not taking serious positions due FOMC this week. The price should explode to the upside or downside on the FOMC release be carefull.
Also the retail heard is SHORTING USD so that means the change of being bullish there is more than bearish
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