EURCAD 4H Counter - Double BottomEURCAD View. Daily and 4H TF showing Double Bottom Divergence signs which can be a Counter Trend Trade. Area 1.48000 is on the watch on Monday
Structuretrading
NZDJPY Short 4HNZDJPY View. Seeing Double Top on the daily Time Frame and comparing it with 4H, the Daily Structure Point is now the Neckline of the Double Top for 4H and is also aligned with 61.80 Fib level.
USDCAD 4H ShortUSDCAD View. Waiting for the Shift of 4H structure to confirm sells as the prices are pushed above 50EMA. Therefore a break of 4H structure will bring the price below 50EMA and a better confirmation for sells
USDJPY 4H Long OpportunityUSDJPY View. 2 Areas to watch for. Corrective move to the Support for a retest and Daily Imbalance Zone where daily 61.80 Fib level aligns too.
AUDCAD 4H ShortLook for the possible Price Action form 61.8 Fib or 4H Imbalance to be filled after the correction
Dollar Index AnalysisLooking at the Dollar Index we can see a Double bottom and an Ascending Triangle formation on the neckline to break the barrier for the dollar to strengthen. Ascending Triangle is a continuation Price Action pattern
So we can see the Dollar strengthening against all the Major FX pair. Watch out for that move.
AUDUSD Long on 1H or 4H Structure ShiftAn inverse Head & Shoulder have been formed and a possible long entries await on Neckline Retest
GBPAUD Short OpportinityThe 4H Imbalance have reacted and now just waiting for the Daily structure shift to confirm the sells on the retest pullback strategy
AUDUSD Long on 1H & 4H Structure ShiftFor scalpers a 1H sniper entry will be an easy catch to jump in the move earlier. 1H structure break-retest and enter
NZDUSD H4 ViewSymmetrical Triangle Formation. Either Side break out can give a direction to the pair move
Uptrend Structure Shift / Break ConfirmationVice versa for Downtrend Structure Shift / Break Confirmation
GBPCAD Short 4H Pullback GBPCAD Short 4H Pullback
After a nice Friday Impulsive move we are all Time Frame on Sell Bias on this pair. A corrective move towards the resistance area will be awaited on Monday. Will be waiting for a good 123 candlestick price action pattern
Gold on structureGold has made a structure and is now still (kinda) respecting the repetition of this structure.
Expectation is that it will go down to around 1810-1825 close to new year, in the first few weeks of 2021 (January-Februari) it will probably shoot back up to the 1900
Let's hope it keeps his structure!
