EzratradesFX

EzratradesFX

When analyzing GBP/USD, we’ve tapped into a higher timeframe demand zone and observed a change of character following the bounce from this zone. This suggests a potential continuation to the upside in alignment with the bullish trend structure. I’m now focusing on lower timeframes to identify optimal entries that confirm the continuation of this upward momentum.

EzratradesFX

When analyzing EUR/USD on the daily timeframe, we can identify a strong demand zone that has remained intact. Each time price taps into this zone, it drives to the upside. To gain insight into the internal price action, I’ve moved to the lower timeframe, where we’ve observed a bounce off the higher timeframe demand zone, along with a change of character. This...

EzratradesFX

Looking at EUR/USD, the overall trend remains bearish, and my bias aligns with this due to the consistent break of structure to the downside. While price has been printing lower lows, it has also created an unmitigated supply zone. Currently, I’m waiting for price to sweep the inducement and react off the supply zone. For added confirmation, I’ll monitor this...

EzratradesFX

Looking at EUR/CHF, the pair has been in an overall downtrend, and I'm anticipating a continuation of this trend. I'm waiting for the price to take out liquidity and tap into our supply zone, which would align with a continuation to the downside. Additionally, using our Fibonacci retracement, we’ll look for an entry within the golden zone, which aligns with...

EzratradesFX

Looking at NZD/USD, we notice an unfilled imbalance on the downside, which aligns with the overall market structure. We've observed a change of character, shifting from bullish to bearish, indicating that buyers have now stepped into the market. This change of character was confirmed by the break of previous highs. Currently, we're waiting for a higher low to...

EzratradesFX

The USD has been dominating across all USD pairs, driven by positive economic news out of the US and weaker numbers from the EU. The question is whether this momentum will continue, leading to further downside for pairs like GBP/USD and EUR/USD, or if we'll witness a complete USD dump as we head into 2025. Interestingly, many retail traders are looking for long...

EzratradesFX

Looking at USDCAD, the overall order flow remains bullish, but we're currently seeing a retracement. I'm anticipating a continuation to the upside. At the moment, we have an unmitigated demand zone, which is valid due to a liquidity sweep and a change of character originating from this zone. From there, the market created a new high at 1.41053. Now, we need to...

EzratradesFX

Looking at BTC we're on a bullish run however created a demand from that demand we had an impulsive move leaving the imbalance once moving to the upside we left inducements on our way down back to our imbalance we've stopped out early buyers now ill be waiting for lower time frame conformation

EzratradesFX

We have wycoff accumulation once price taps into our demand that lies in our gold zone with our fib we'll look for longs we could possibly go on a lower timeframe to get a greater RR

EzratradesFX

Looking at the market, we see an impulsive move to the downside. This is a positive sign, as such impulses often create an imbalance that will act as a magnet for price. As the market moves up to fill this imbalance, it will sweep resting liquidity along the way, providing fuel for the move. Eventually, this should bring us to our supply zone. Once price reaches...

EzratradesFX

Looking at USD/JPY, we've been printing new highs, so with that trend in mind, we're focusing on long positions. We've set a target using external liquidity at the Asian high. Since then, there’s been a mini sell-off, but this seems to be part of normal price action. We also have a 45-minute demand zone with an imbalance that needs to be filled, supported by...

EzratradesFX

Looking at USD/JPY, we've been printing new highs, so with that trend in mind, we're focusing on long positions. We've set a target using external liquidity at the Asian high. Since then, there’s been a mini sell-off, but this seems to be part of normal price action. We also have a 45-minute demand zone with an imbalance that needs to be filled, supported by...