Forextradingzones
GBPJPY SHORTS 📉📉📉Expect bearish price action from this area as price takes out liquidity above equal highs aka retail resistance and weekly highs where a lot of retail stops should be taken out, expect a bearish reversal from this area with the targets into equal lows area aka retail support.
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TAG ON GBPNZDThe price has hit a significant resistance and in the upper half, a bearish candle has formed. Also, the momentum of movement has decreased and shows the tendency of the price to fall. We are waiting for the break of the trend line and the small support that is a serious and very important drawing. After failure and confirmation, you can enter into a sale transaction.
GoldView Bullish Trading plan & levelsWe have updated levels and highlighted potential re-test areas to pick up fresh entries. We are trading small lots due to end of year.
The levels identified are also Goldturn levels therefore we will look for price to find support in these areas when taking positions. EMA5 break and candle body confirmations will give us further confidence.
Right now we are waiting for price to find support here to continue more movement on the upside but not taking new long positions until we see this supported well or we get a better entry from the lower zones identified.
As always if the structure changes and we have to adapt and make any changes, we will be sure to update new plans here.
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GoldViewFX
XAUUSD TOP AUTHOR
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.
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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