AUDJPY Short Idea This pair is primarily looking bearish on all significant time frames so our first trade idea will favor a bearish outlook. Currently we are seeing price action retrace to the prior LH around 65.500. We are looking for one of two scenarios to play out: 1. Price action pushes lower breaking support around 63.500 followed by a retest with strong...
AUDUSD Short Idea AU is looking very bearish on mostly all timeframes and is looking to set up for another bearish push. This last retracement was good market movement, we saw the 38.2% fib level hit as well as a lower timeframe level of structure. To enter short we ideally want to see 0.57250 broken and retested followed by strong bearish setups. Look to...
DXY Long Idea All timeframes are bullish at this point. Currently we can see price action approaching our weekly resistance around 103.50. Ideally we would like to see a bounce from our 4hr support around 101.50 with strong bullish setups. Look to target toward 103.50
Gold Neutral Idea We have seen that gold has been very bullish overall on the higher timeframes. Last week we saw Gold depreciate against the quick rise of the usd. From the current level of support around 1515.00 we are looking for one of two potential scenarios. Price action bounces and sends gold back into the overall bullish trend, target higher resistance...
NZDCAD Short Idea Last week we saw this pair turn extremely bearish with huge momentum all the way to our major support level around 0.83750 From this level we’re looking for one of two situations to play out 1. A significant bounce keeping price action within this range, look to target significant resistance levels 2. Bearish momentum does not slow down and...
EURUSD Short Idea This pair is in the middle of what looks like a significant retracement and is currently holding at the daily 200ema and support level around 1.11500 From this level we are looking for two potential outcomes Price action bounces swiftly from this level & the 200 ema, look to target significant resistance levels Price action breaks support and...
EURJPY Short Idea This pair is still looking very bearish on all significant timeframes. Ultimately we are still looking for short setups as the daily trend is still strongly bearish until a daily lower high is confirmed broken. From the current level we want to identify some bearish setups as well as lower timeframe transitions. The sooner we can spot a...
AUDJPY Short Idea We are still bearish on this pair as well. We have seen decent structure formation and could have some great potential setups this week. Ideally a nice pullback to a prz level would be a good first step in identifying this setup Look for strong bearish variations around the 61.8% or 38.2%, more confirmations supporting this trade idea the...
AUDUSD Short Idea We’re still looking very bearish on this pair but we are currently waiting for a setup to form. Right now we are a bit over extended, ideally a pullback to a key prz level would be the first of potential confirmations I’ll be looking for a retrace to the 61.8% or 38.2% fib level followed by 4hr candle setups that strongly support the short...
USDCHF Neutral Idea This pair has just been incredibly bearish and is not presenting any conservative entry opportunities currently. Ideally a nice retracement to a key fib level would present some great potential short opportunities. Right now it is just over extended and is not worth trading. Wait for the pullback and better structure formation.
NZDCAD Long Idea We saw a major bounce from support around 0.83750 and a lower timeframe lower high was broken at 0.84500 We have seen some strong bullish volume which could be the start of this daily transition. Looking to enter on a retest and confirmed rejection of 0.84500 Look to target higher to fill this daily range at 0.87000 which is also monthly resistance
EURJPY Short Idea We saw price action start to make a push lower after rejecting the 120.0 area Price action will either continue to push lower toward our target around 118.0 or we could see another test of our 120.0 area before a stronger push lower. Looking to target lower toward the 118.0 level and potentially lower
EURUSD Long Idea We could see this be the start of the Daily bullish trend in which case we will look to target higher toward our weekly resistance level at 1.15000 A nice pullback before pushing higher would present a potential entry opportunity. If we see price action fall back below support at 1.11500 target lower support levels.
AUDJPY Short Idea This pair has been very bearish on almost all timeframes. We saw price action retest broken support as resistance last week. We can see it actually came to test this zone twice and now we’re looking short upon rejection from this level. Ideally strong bearish setups confirming this continuation would be enough to enter on. We’re looking to...
Hello Traders, GBPUSD got to the point when it's making a bigger correction just after the Weekly Trendline been broken. What is that mean ? - It means that now we are waiting for a bigger confirmation pattern to form and once the pattern is finished, we will try to get in on the low and ride this beautiful big move to the upside. Probably its going to take the...
EJ Long Idea EJ is also looking similar to EU in that higher time frames have been very bearish and on this daily time frame we are seeing a bit of a bullish trend For us to confirm long opportunities we want to see a break of resistance around 123.250 After seeing the break and retest we will target our next major resistance level around 126.500 which is also a...
EURUSD Long Idea EU has been very bearish on the weekly time frame and has been in a bearish channel since mid 2018 On this daily time frame we are seeing a bit of a bullish trend since October and price action looks to be breaking toward the up side. Ideally a slight push higher followed by a retest of support with confluence would be perfect to enter long We...
DXY Idea Higher time frames are bullish but we have seen daily transitions happening. We have seen support broken around 97.20 followed by a daily lower high form which suggests a strong bearish trend. Currently we are looking for a retest of resistance at 97.20 before pushing lower. Continue to look for lower highs are more bearish setups. If this trend were...