COT and price action supported bull move for next 6-12 monthLast year we witnessed an attack on a low made in 2008 and it was successful, but price was not willing to go lower. Instead it turned around and started to brake structure bullishly.
Are we in a buy programme now?
By comparing chart data with COT data we see that long book is growing exponentially starting from end of june this year.
All this and weakness in Dollar index is making a nice stage for other currencies to rally!
Structureanalysis
AUDUSD: Trade Breakdown!This one is a teaser for that one! Has a technical glitch.
Below is the actual video! Click on it to play!
In this video, I break down the AUDUSD short I mentioned in my Forex Weekly Forecast video posted Sunday on my Channel.
Price found our POI and is now in proft. Did you get in this trade? Is there still a chance to find a valid entry? How do you set your SL and TP? I attempt to answer these questions and more.
Check it out.
Hit the "Find Me" button below to go to my Channel and learn more.
Thank you!
XAUUSD (Gold) Trade BreakdownIn this video, I walk you through this Gold trade, the setup of which I put out in my Forex Weekly Forecast for this week.
I want to share with you the power of trading order blocks and structure breaks.
If you are pickin' up what I'm puttin' down, drop me a message/leave a comment.
Upcoming FOREX Weekly Forecast: What pairs do you want analyzed?I want to interact more with my subscribers! Tell me which pair or instrument you want analyzed for the week ahead, and I will
include it in my Forecast video!
I'll be looking to cover all the majors and cross pairs, along with Gold , indices, and US Oil .
I analyze AUDJPY in this video, as an example.
Guys, I'm leveling up, and I want you to level up with me! Let's build a community of consistently profitable trader together!
Leave me a comment with your request, and I'll be all over it in the next video!.
FOREX Weekly Forecast: What pairs do you want analyzed?I want to interact more with my subscribers! Tell me which pair or instrument you want analyzed for the week ahead, and I will
include it in my Forecast video!
I'll be looking to cover all the majors and cross pairs, along with Gold, indices, and US Oil.
I analyze AUDJPY in this video, as an example.
Guys, I'm leveling up, and I want you to level up with me! Let's build a community of consistently profitable trader together!
Leave me a comment with your request, and I'll be all over it in the next video!.
GBPCAD Ready to go LongGBPCAD BUY SETUP
- GBPCAD is on a 4H OB
- Price is retesting structure support
- As long as this area holds there is a good buying opportunity here
- Structure predilection is pushing down
- Sentiment - Neutral
- Candlestick (Gaining Momentum)
- Plan is to go Long on GBPCAD
- Take the trade when your rules are fulfilled
A BULLISH MOVE is probable in this market.
USDSGD selling opportunity USDSGD SELL SETUP
- USDSGD breached below a bullish counter-trendline
- Structure is pushing down
- We have a break in market structure
- Price is approaching Low of the day (we can expect a pullback to our area of interest marked in as rectangle on the chart)
- Trend predilection is (BEARISH)
- Momentum (Bearish)
- Environment (Bearish)
- Plan is to wait for a Short opportunity on USDSGD
- Take the trade when your rules are fulfilled
A BEARISH MOVE is probable in this market.
What we can expect from GC as we begin a new weekAs the chart clearly states, we see that that the market has been making upwards movements since about the middle of July. The trend structure I drew is a fall ng wedge and as we know falling wedges most often than not eventually break out to continue the original trend of the market(in this case its bullish).
Lastly I drew out a structure which the market has been respecting and we can see that it has just been retested. So with all of this confluences we can expect buys from the GBPCAD from hereon.
Short for this weekWe have seen a nice shift in daily structure and now price is returning to retest it.
As confirmation of further move down 1 hour structure is broken bearish as well.
So I believe that this is initial move up at the beginning of weekly range and rest of week I do expect some down movement.
Is this is a ridiculous idea?
GBPJPY > Simple Buy Setup Might Come After Nfp!!Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated
Follow up on #GBPJPY
Another setup that might come today ahead of NFP news is this possible bat which will be ready to trade when it completes
Check today analysis below⠀
>>“The hard work in trading comes in the preparation. The actual process of trading, however, should be effortless."
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
DXY BEARISH CONTINUATIONDXY Analysis
Currently in a bullish countertrend in lower timeframe. Taking advantage of DXY correlation with the Major pairs.
Mitigated off 1 Hour inst. move to keep going lower. Expecting a retracement around the 78.6% - 88.6% fib area, liquidity area, imbalance in the market highlighted purple and following bearish countertrend structure. Taking it low to fill imbalance in the 4H highlighted zone.
Will be taking Short opportunities until we get a Break of Structure within the 30m minimum or 1H timeframe.
DAX: structure created. Wait for the signalHi Traders,
This is my view on this cross for the next few days.
#DAX
Wait for the structure to be definitively broken and retest to go long
BUY 15.357
SL 15.233
TP 15.606
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pietro from Trading Kitchen
DOGEUSDT Upside potential in the future ?DOGE could see some upside potential in the future, with price pushing into a key area where orders could potentially be waiting, as well as being a key structural area as well. I would wait for some consolidation, evidence of price failing to break lower and a nice bullish candle close on the 4H before considering taking any trade on this pair. With crypto, its volatility and the potential it has to be manipulated by outside forces - this is my opinion only and is purely based off of my knowledge of order flow and price structure. Price could go anywhere, but this is what an ideal set-up could potentially be in the future.