AUDNZD Local S/R| Swing High| 200 MA| Price Action Evening Traders,
Today’s analysis- AUDNZD- trading at a key trade location where a respect is probable,
Points to consider,
- Price action impulsive
- Local S/R Support
(.50 Fibonacci Confluence)
- 200 MA S/R
- Swing high objective
AUDNZD’s immediate price action is impulsive towards a key trade location that has technical confluence with the .50 Fibonacci, this allows for a bullish bias.
The 200 MA is considered Dynamic Support, holding this is critical for maintaining a bullish bias.
The swing high is objective, exceeding this level will greatly increase the probability of a trend continuation.
Overall, in my opinion, AUDNZD is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps,
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And remember,
“The lower your body gets the higher your jump will be.”
― Noor Alasadi
Localsr
EURNZD Swing High| Price Action| 200 MA| .618 Fibonacci Evening Traders,
Today’s analysis - EURNZD- trading towards Local S/R where a bounce is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
(.618 Fibonacci & 200 MA confluence)
- Swing High Objective
- Oscillators Bullish Control Zones
EURNZD’s immediate price action is impulsive towards Local S/R that has technical confluence with the .618 Fibonacci and 200 MA. This area is a trade location with a probability of trend continuation.
Both Oscillators are currently trading in bullish control zones, remaining in these areas is indicative of strength in the market.
Overall, in my opinion, EURNZD is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps!
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And remember,
The goal of a successful trader is to make the best trades. Money is secondary. – Alexander Elder
USDJPY Daily S/R| Swing High| .618 Fibonacci| Price Action Evening Traders,
Today’s analysis – USDJPY- tested long liquidity with a bounce probable towards Daily S/R,
Points to consider,
- Price Action Impulsive
- Local S/R Support
(Long Liquidity tapped)
- Daily S/R Resistance
(.618 Fibonacci Confluence)
- Climatic Volume
USDJPY’s immediate price action is impulsive above long liquidity and Local S/R, this allows for a bullish bias.
The Daily S/R is current objective which is also in confluence with the .618 Fibonacci, a rejection here is probable.
The RSI is trading in its bearish control zone, remaining in these levels is indicative of weakness.
The volume profile has a climatic node, indicative of a temporary bottom being set, follow through will be critical.
Overall, in my opinion, USDJPY is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
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And remember,
“The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore
GBPJPY Local S/R|.50 Fibonacci|Swing High|Daily S/R|Price ActionEvening Traders,
Today’s analysis – GBPJPY- trading below Local S/R that has confluence, further downside probable,
Points to consider,
- Price Action Impulsive
- Local S/R Resistance ( .50 Fibonacci Confluence)
- Long Liquidity Target ( Dynamic 200 MA Confluence)
- RSI Bullish Control Zone
- Increasing Volume
GBPJPY’s immediate price action is impulsive under Local S/R where a bearish retest is probable; this allows us to have a bearish bias.
Long Liquidity being in confluence with the 200 MA, is likely to be tested with a wick. Exceeding this level will make the extended target, Daily S/R.
The current RSI is in its bullish control zone, breaking below will be indicative of weakness in the market.
Current Volume Profile is increasing, this signifies a true break of Local S/R where follow through is probable.
Overall, in my opinion, GBPJPY is a valid short with defined risk; price action is to be used upon discretion/ management.
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And remember,
It does not matter how slowly you go as long as you do not stop.”Confucius
NEARUSDT Dynamic Support|Local S/R|Price Action|Declining VolumeEvening Traders,
Today’s analysis – NEARUSDT – trading in its respective apex where a breakout will be imminent,
Points to consider,
- Price Action Apex
- Dynamic Support
- Local S/R Resistance
- Declining Volume
- 200 MA Support
NEARUSDT’s immediate price action is trading at a pivotal point, claiming Local S/R as support is bullish.
The Dynamic Support is projecting a lower high projection; price action respecting this will maintain bullish market structure.
The current volume is declining, an influx is highly probable when testing key trade locations such as the 200 Dynamic Moving Average.
Overall, in my opinion, NEARUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
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And remember,
“You create your own game in your mind based on your beliefs, intents, perception and rules.”
― Mark Douglas
USDJPY Local S/R| .382 Fibonacci| Untapped Liquidity| 200 MA Evening Traders,
Today’s analysis – USDJPY- trading below Local S/R where a bearish retest is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Resistance (.382 Fibonacci Confluence)
- Untapped Liquidity Target
- Valid Volume Climax
USDJPY’s immediate price action is impulsive under Local S/R, this allows us to have a bearish bias on the market.
The Local S/R is in confluence with the .382 Fibonacci, a back test here is probable allowing for a short entry.
Untapped liquidity being the target, respecting this area is critical, failure will increase further bearish targets.
There is a valid volume climax at play, price action follow through is needed with sustained volume from the bull side.
Overall, in my opinion, USDJPY is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work!
And remember,
“If you can learn to create a state of mind that is not affected by the market’s behaviour, the struggle will cease to exist.” – Mark Douglas
EURJPY Daily S/R| 200 MA|.50 Fibonacci| Swing High Evening Traders,
Today’s analysis – EURJPY – rejecting from liquidity with a bearish engulfing, price is likely to find support at Local S/R.
Points to consider,
- Price Action Reverting
- Local S/R support (.50 Fibonacci Confluence)
- Daily S/R Resistance
- RSI Bullish Control Zone
EURJPY’s immediate price action is approaching Local S/R which is in technical confluence with the .50 Fibonacci, price action has an increased aprobability of bouncing here.
Swing High is the current objective, exceeding this level will increase the probability of testing Daily S/R.
Current RSI is trading in its bullish control zone, mantining these levels will indicate strength in the immediate short term.
Overall, in my opinion, EURJPY is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
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And remember,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.”
― Yvan Byeajee
ALGOUSDT Local S/R| Daily S/R| Price Action| 200 MA Support Evening Traders,
Today’s analysis – ALGOUSDT- impulse break above Local S/R, holding these levels are deemed bullish.
Points to consider,
- Price action impulse
- Local S/R Support(200 MA Confluence)
- Daily S/R Resistance
- Volume Influx
ALGOUSDT’s immediate Price Action is impulsive, allowing us to have a bullish bias in the immediate short term,
The Local S/R is current support in confluence with the .50 Fibonacci and 200 MA supports; price action testing these areas is likely to be respected.
The Daily S/R is immediate resistance, taking this level out will increase the probability of trend continuation,
The volume profile is indicative of a climatic node, this suggests a true breakout thus follow through is needed to sustain momentum.
Overall, in my opinion, ALGOUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
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And remember,
“Once you find the system that works for your style/personality and confidence is gained, wash, rinse, repeat over and over again.” – Sunrisetrader
GBPUSD Local S/R| Swing High| POC S/R| Bullish OB| Price ActionEvening Traders,
Today’s Analysis – GBPUSD- breaking Local S/R with an impulse, test of Bullish OB is probable,
Points to consider,
- Price Action Impulsive
- Bullish OB Support
- POC Support
- Local S/R Resistance
- RSI Bearish Control Zone
- Volume Declining
GBPUSD’s immediate price action is trading below key Local S/R, failure of a reclaim will allow us to have a bearish bias.
The Bullish OB is likely to be tested, holding this area is critical, failure will project lower bearish targets.
Price Action is currently being respected by the POC, a short term bounce into Local S/R for a bearish retest is probable.
The RSI is currently in its bearish control zone, remaining in these regions will project weakness in the market. Furthermore, the immediate volume is below average, indicative of an influx being probable when testing key trade locations.
Overall, in my opinion, GBPUSD is a valid short with defined risk, price action is to be used upon discretion/ management.
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And remember,
Beginner’s luck often stifles growth. Losses and failure are good for you. Kahlin Gibran
RSRUSDT Local S/R| Swing High| Daily S/R| Price ActionEvening Traders,
Today’s analysis- RSRUSDT – trading above local resistance with a back test of the .50 Fibonacci,
Points to consider,
- Price Action Impulsive
- Local S/R Support Confluence
- Daily S/R Target
- Swing High Objective
- RSI Bullish Control Zone
RSRUSDT’s immediate price action is impulsive, confirming an S/R Flip Retest of local S/R, this allows us to have a bullish bias on the market.
The Local S/R is in confluence with the .50 Fibonacci, price has evidently respected this level.
The Daily S/R is immediate target after clearing swing high objective; price exceeding Daily S/R will lead to an impulse volatility expansion.
Current RSI is trading in its bullish control zone respectively, maintaining these levels are indicative of strength in the market.
Overall, in my opinion, RSRUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“You have power over how you'll respond to uncertainty.”
― Yvan Byeajee
USDCHF Local S/R| Range Low| .50 Fibonacci| Price Action Evening Traders,
Today’s analysis – USDCHF- deviating back into its trading range with an impulse above range mid, further upside probable.
Points to consider,
- Price Action Impulsive
- Local S/R Support (.50 Fibonacci Confluence)
- Range High Target
- RSI Neutral
- POC Resistance
USDCHF’s immediate price action is impulsive above range low, allowing us to have a bullish bias on the market.
The local S/R is in confluence with the .50 Fibonacci, thus a respect here on first attempt is highly probable.
Range high is the immediate target, breaking this will project a trend trade with continuation.
RSI is currently neutral, approaching oversold conditions increase the probability of an oversold bounce play. The will create enough momentum to take out immediate POC, allowing for follow though.
Overall, in my opinion, USDCHF is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“The core problem, however, is the need to fit markets into a style of trading rather than finding ways to trade that fit with market behavior.” – Brett Steenbarger
NZDUSD Local S/R| 200 MA|.618 Fibonacci| Swing High Evening Traders,
Today’s analysis = NZDUSD- impulse price action above Local S/R where pull backs are for buying.
Points to consider,
- Price Action Impulsive
- Local S/R Support (.618 Fibonacci)
- Oscillators Neutral
- Volume Climax
NZDUSD’s immediate price action is bullish above Local S/R; this allows us to have a bullish direction bias leading into trades.
The Local S/R is in confluence with the .618 Fibonacci, Price Action pull backs allow for valid long entries.
The 200 MA must be maintained as support, price losing it will breaking market structure and remove our bullish bias on the market.
Both oscillators are overextended, a reversion to their mean is healthy and needed for trend continuation.
The volume profile has a valid climax; this marks a temporary top being the swing high. Follow through in volume is needed when testing Local S/R.
Overall, in my opinion, NZDUSD is a valid long with defined risk; price action is to be used upon discretion/ management of trade.
Hope this analysis helps!
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“Amateurs think about how much money they can make. Professionals think about how much money they could lose.” – Jack Schwager
GBPUSD Local S/R| Impulse Sell| Liquidity Block| Volume ClimaxEvening traders,
Today’s analysis – GBPUSD- reclaim of Local S/R after an impulse sell, showing strength in the immediate short term.
Points to consider,
- Price Action Impulse
- Local S/R Support (.382 Fibonacci)
- Liquidity Block Respected
- Oscillators Neutral
- Volume Climax Evident
GBPUSD’s immediate price action is impulsive from its respected liquidity zone; this allows us to have an immediate bullish bias on the market.
Current Local S/R support is in confluence with the .382 Fibonacci, price is likely back test this level with respect, allowing for a long trade.
The immediate target is upper Local S/R resistance, breaking this level will be bullish , however a rejection is likely on first attempt.
Both oscillators are currently neutral, extending in overbought conditions will greatly increase the probability of a pull back.
The volume profile has a volume climax node marking a temporary top, following through in bull volume is required to sustain this price action.
Overall, in my opinion, GBPUSD is a valid long with defined risk; price action is to be used upon discretion/ management of trade.
Hope this analysis helps!
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And remember,
“It’s OK to be wrong; it’s unforgivable to stay wrong.” -Martin Zweig
AUDUSD Daily S/R| 200MA| .618 Fibonacci| Price ActionEvening Traders,
Today’s Analysis – AUDUSD – price action impulse above local S/R where a back test is probable to confirm support.
Points to consider,
- Price Action Impulse
- Local S/R Support (.382 and 200 MA)
- Daily S/R Resistance
- Oscillators extended
- Volume Increasing
AUDUSD’s immediate price action is bullish above Local S/R, this allows us to have a bullish bias on the market.
Local S/R is immediate support that is in confluence with the .382 Fibonacci and 200 MA, a bounce here is probable on first attempt.
Daily S/R is current resistance that needs to be breached for trend continuation, failure will be bearish.
Both oscillators are over-extended; a reversion to their mean is likely, remaining mainlining in their bullish control zones is critical.
Immediate volume is below average, an influx is needed for trend continuation, epically when testing key trade locations,
Overall, in my opinion, AUDUSD is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember!
The market can stay irrational longer than you can stay solvent. - John Maynard Keynes
USDCAD Daily S/R| 200 MA|Local S/R|.618 Fibonacci|Price ActionEvening Traders,
Today’s analysis – USDCAD – breaking back above Local S/R with technical confluence, Daily S/R target,
Points to consider,
- Price Action Impulse
- Local S/R Flip
- 200 MA & .618 Fibonacci Confluence
- Oscillators Neutral
- Increasing Volume
USDCAD’s immediate price action is impulsive above local S/R where confirming a bullish retest will allow us to have a bullish bias.
The Local S/R is in confluence with the 200 MA and the .618 Fibonacci, thus a bounce here is probable.
Both oscillators are neutral, maintain in their respective bullish control zones will signify strength in the immediate short term.
The volume profile is currently increasing, indicative of further momentum stored when price trades near a key trade location, the Local S/R.
Overall, in my opinion, USDCAD is a valid long with defined risk; price action is to be used upon discretion/ management of trade.
Hope this analysis helps!
Thank you for following my work
And remember,
The market can stay irrational longer than you can stay solvent. - John Maynard Keynes
EURUAD Local S/R| .50 Fibonacci| Oversold Bounce| Swing High Evening Traders,
Today’s analysis – EURAUD- bull impulse from oversold conditions, holding Local S/R on a back test is deemed bullish.
Points to consider,
- Price Action Impulse
- Local S/R Support (.50 Fibonacci Confluence)
- Local Target Hit
- Oscillators Neutral
- Declining Volume
EURAUD’s immediate price action is reverting back to Local S/R, confirming an S/R Flip Retest allows us to have a bullish bias.
The Local S/R is in confluence with structure and the .50 Fibonacci, thus a bounce here is probable.
Both Oscillators are neutral; remaining in their bullish control zones allows us to main our bias.
The volume profile is evidently low, an influx is needed to maintain upside momentum, failure is bearish.
Local high is immediate target, taking this level out will increase the probability of a trend continuation.
Overall, in my opinion, EURAUD is a valid long with defined risk; price action is to be used upon discretion/ management of trade.
Hope this analysis helps!
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And remember,
“Trade What’s Happening…Not What You Think Is Gonna Happen.” – Doug Gregory
GBPUSD Structural S/R| Swing Low| S/R Flip Retest| Local S/R Evening Traders,
Today’s second analysis – GBPUSD- flipping Structural S/R where a back test must hold for a bullish bias,
Points to consider,
- Bullish Price Action
- Structural S/R Support
- Local S/R Resistance
- Oscillators Bullish Control
- Volume Declining
GBPUSD’s immediate price action is bullish breaking Structural S/R, a confirmed S/R Flip retest will allow us to have a bullish bias.
The Structural S/R is current support, breaking this level will negate our bullish bias on the market.
Local S/R is immediate support that is likely to be respected upon first test.
Both oscillators are trading in corresponding bullish control zones, price is likely to rise further before officially entering overbought conditions.
Current volume profile is below average, an influx is highly probable when testing key trade locations.
Overall, in my opinion, GBPUSD is a valid long with defined risk, price action is to be used upon discretion/ management of trade.
Hope this analysis helps!
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And remember,
“Accepting losses is the most important single investment device to insure safety of capital.” – Gerald M. Loeb
MATICUSDT Falling Wedge| Daily S/R| .382 Fibonacci| Local S/REvening Traders,
Today’s Analysis – MATICUSDT- trading in a falling wedge pattern where a break bullish is probable.
Points to consider,
- Price Action Apex
- Local S/R Resistance (.382 Fibonacci Confluence)
- Daily S/R Support
- Oscillators Neutral
- Low Volume
MATICUSDT’s immediate price action is trading in an apex, a break will be imminent. The formation is a bullish pattern, this allows us to have a bullish bias.
Local S/R is current target, this area is in confluence with the .382 Fibonacci, price action has a probability of rejecting here.
Crucial support is Daily S/R, breaking below this level will negate our bullish bias as the falling wedge will no longer be in play.
Both Oscillators are currently neutral whilst volume is evidently low, an influx is highly probable when the breakout occurs.
Overall, in my opinion, MATICUSDT is a valid long with defined risk, price action is to be used upon discretion/ management of trade.
Hope this analysis helps!
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And remember,
“You’re going to learn a million things, then you need to forget them all and focus on one.” -SunriseTrader
YFIUSDT Swing Low| Local S/R| Volume Climax| Price Action Evening Traders,
Today’s Analysis – YFIUSDT- establishing a swing low, a higher low will increase the probability of a local trend change.
Points to consider,
- Impulse Price Action
- Local S/R Support
- Structural S/R Resistance
- RSI Resistance
- Volume Climax
YFIUSDT’s immediate price action has been impulsive with increasing volume. A bullish directional bias will come to fruition with a valid hold and respect of the Local S/R.
Structural S/R is current resistance; price is likely to have a bearish reaction upon first test. Breaking this key level will coincide with a confirmed trend change.
The RSI is testing its key 50-mid point; breaching above is a sign of strength as momentum shifts in the market.
There is a valid volume climax node marking a temporary bottom, volume follow through will coincide with the direction of the trend.
Overall, in my opinion, respecting Local S/R is a valid long with defined risk. Price action is to be used upon discretion/ management of trade.
Hope this analysis helps
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And remember,
“Trading mastery is a state of complete acceptance of probability, not a state of fight it.”
― Yvan Byeajee
AUDCAD Weekly S/R| Volume Climax| Bearish Divergence| Local S/RRepost**
Evening Traders,
Second analysis update – AUDCAD- Price testing weekly S/R after an oversold bounce play, correction at this point is likely as this is a technical trade location.
Points to consider,
- Oversold bounce play
- Weekly S/R Pivot (Resistance)
- Local S/R Flip Retest
- Technical Bearish Divergence
- Evident Volume Climax
AUDUSD had an oversold bounce play from swing low, currently respecting Weekly S/R which allows us to have a bearish bias.
The immediate local S/R has been flipped; price retesting and holding this level will confirm an S/R Flip retest.
Price action has a technical bearish divergence; this indicates immediate weakness in the market however validation will be upon an impulse down.
The volume profile has an evident volume climax, this usually marks temporary tops in a trend. This further adds to the probability of an immediate correction.
Overall, in my opinion, AUDCAD is a valid short with defined risk above weekly S/R. Price action is to be used upon discretion/management of trade.
Hope this analysis helps!
Thank you for following my work!
And remember,
“If you don’t respect risk, eventually they’ll carry you out.” – Larry Hite