Londonsession
Could the bearish daily trend be about to continue?Good morning traders!
I trust your week has been good thus far, yesterday offered some great trades with members of our team getting involved.
EURUSD is still in a daily selling range and we have now had a mitigation of the daily range marked up a for few forecasts ago.
Looking at the lower TF we are in a 1hr sell range and 4hr buying range.
Price is currently in the discount of the 4hr buying range. A sweep of the Asian lows and mitigation of the edge money range would offer a great spot for a long, alternatively a move back to the highs and a selloff would offer great selling opportunities.
Whatever does happen I will remain Neutral and trade the market in the moment.
As always, trade safe EnvisionEJ
BTC Decelerating into an unmitigated area.Good morning traders!
The BTC forecast remains the same as yesterday-are we reaching the top of the current run up?
Currently the signs are pointing to yes, we are decelerating into the back edge of the daily sell range.
Do I expect a deep pullback-define deep? A pullback to the area marked with the yellow circle would mark be a pullback to discount on the weekly along with a retest of a strong range which was never mitigated.
I do expect bullish momentum to continue after a pullback, again pushing for ATH.
As always trade safe.
EnvisionEJ
Will the bullish momentum continue?Good morning traders!
Eu continues to creep higher on the 1hr, even though we are still in a daily sell range. Looking ahead I see a logical spot for price to push too before resuming the downwards momentum.
Drilling down to the lower timeframes we could get a lovely long trade with a sweep of the lows into demand and under the 1hr equilibrium.
As always even though I will be looking for longs I will remain neutral and trade shorts as they come (a possible sweep of the highs)
Trade safe, EnvisionEJ
Bullish Mondays!Hello traders! I hope you had an excellent weekend and learnt as much as you could from the week priors pa.
Todays PA is clearly bullish on the 1hr and the 4hr, so longs will be targeted.
The daily is still in a sell range and we have moved up within the possible mitigation of the recent PA however we aren't over the premium of the move.
To the left we can see the circled PA in yellow, which will need to be filled at some point, this fits with a long bias into the shorting area.
Although we have both a 1hr and 4hr buying range I will remain Neutral and trade the PA as I see it at the time, this could lead to shorting opportunities should they develop
The weekend is when the deep work happensWhat do you use your weekends for?
The Forex markets are closed, but your mind shouldn't be. This time is best used reviewing and learning about the week before.
Take this trade for example, it had it all-5min Buy range, Change of character, BOS, 1min buy range, pull back to the equilibrium, pull back to range impulsive move. This happened later Friday night my time, however by reviewing it I get to see how good this trade would have been for those awake.
As always trade safe, I'll see you on Market open!
EnvisionEJ
GU OTE LDN Session 07/30Missed today's GU trade during London session, but price before pushing lower took out the previous day's high and gave an optimal trade entry off of a 4hr FVG.
EU analysis coming into London openTodays PA being a Sunday/Monday has been fairly bland.
I have marked my 2 current AOI on the chart using the yellow circles. I am expecting the lows to be broken due to the amount of liquidity in that area-however that could take a while to happen.
Overall we are building orders to move to the upside eventually but it could take some time to play out.
Today I will likely sit on my hands-however deeper into London when volume picks up we may get a nice quick short trade from around the current price level.
Sometimes the best thing to do when trading is stay out of the markets.
Happy Trading, Envision EJ
XAUUSD BuysUSD Bank holiday so we are expecting a slower moving gold however there is an edge inn my eyes. Not the highest conviction. Risked 0.90% of total Intraday Trading Account.
GBP/AUD SHORT ANALYSIS4H time frame resistance being rejected and when we come into the lower
time frames price action has broken small structure and retested
now looking for a downfall the next clear support area.
GBP/NZD short analysis-broken and retested trend line
-broken lower time frame structure and retested resistance
-london session price action showing us a clear down side fall
sloppy market condition so be sharp minded and manage risk
US30 WE MAY BE RETESTING THAT BUE KEY LEVEL FOR LONDON SESSION IF WE REJECT FROM THAT GREEN RESISTANCE AREA.
GBPNZD is Bearish !!!! SELL.GBPNZD is currently on a downtrend and price is currently in a zone of interest at the 61.8 % fib level.
I am currently looking for a break out and retest out of my Asian box.
Expecting a move around 3:30am or at 4:30am est.
My chart markup was done on a 1hr. Looking for entries on the lower time frames for selling confirmation.
If you like this idea or have your own opinion about this pair, please comment below box. I would love to reply.
Trade at your own risk. Have A Good Trading Day!
EURUSD Buy 4-19-2021 London to New York SessionLooking for a EURUSD buy at the 1.203 area. This should be a good entry for the breakthrough of 1.205 which should happen London to New York Session (1 AM - 11AMEST) on 4-20-2021. I am bearish on the US Dollar during this timeframe.
XAUUSD Bullish For position traders⚠️
Though Gold is on a Down trend. On the Weekly timeframe, it will Buy up to retest some strategic structure.
XAUUSD just formed a double bottom 1679.33 which is also a Support,
Which makes Gold very bullish.
GOLD MADE ITS MOVEPatience Pays. DId you catch any pips today?? SHEESH
Looking for a possible head and shoulders move soon.
BITCOIN IS ALSO ON MY WATCHLIST. LETS GOOOO
GBPJPYGJ finally broke out for the evening into the next day 1130-12am 3/10-3/11
One of the first pairs I've ever traded.
