PLaceUrBetsPlease

PLaceUrBetsPlease

Gold has started the year strong and has shot up from the 2624ish levels. Now Trump is taking presidency and with the Israel/Hamas ceasefire scheduled and to hopefully bring to an end the Gaza war I see gold taking a well earnt rest and to potentially retrace the whole month and flip red. We either go straight down from 2700 or the safer entry would be to short...

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GBPJPY is sitting in a bearish trend but due some sort of correction before continuation to the downside could be upon us. A buy at this level or just below with a target of 196 would be my trade. This is solely a correction move with further downside movement predicted long term as the DOL is sell-side liquidity at much lower levels. 196 confluence area has a...

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XRP has held the weekly major level of 2.21 and now looks to be breaking out from a symmetrical triangle pattern to the upside. Our targets are ATH from here, extensions for this season allow price to target $8 which coincides with previous breakouts from XRP based on percentage breaks from a starting price. 2.35 is another big level which might need back testing...

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Looks like a BOS pending on ONEUSDT with potential 80% gains back to 0.04. Initial MSS was in march 2024 signalling a move up, then had a liquidity sweep of the lows in August with consolidation until Trump was elect. The trendline break was during the US election, we have had a retest during December, now we need alt season to send us back to 0.04 and beyond. A...

PLaceUrBetsPlease

USDCAD looks to be setting up for a nice short, its not quite ready yet and needs to break this small consolidation range and then fail at around 1.46 which has a major resistance zone. The idea has a number of confluence points with the DXY looking top heavy and too coinciding movement hitting a major resistance above 110 at 113. NFP news was good for the dollar...

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Silver has been lingering around this big support area for a couple of days now and i feel to aid the next leg down we need to follow DOL on the sell side around $31. This coincides with trend line resistance, fib 0.5 and a nice W shape pattern. I feel around this area will hold the liquidity for the next move back down to our macro channel and FVG daily at around...

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Last week was a big week for GBP with interest rate freezing at 4.75%, although 3 members voted to reduce the rate instead of the forecast 1, core inflation has slowed up but still remains too high for now. The labour market proved to be balanced. UK's major issue still lingering is the governments autumn budget which has a lot of data to collect before we see the...

PLaceUrBetsPlease

An initial target of sell side liquidity and an internal sweep of 2628 and into the premium zone where we have quarterly and trendline resistance. 200ema resistance lurking close as well. The zone is up to the 2639 but major resistance is around 2632. The other option is an external sweep past 2639 and below 2643. Once price falls below 2622 we should see a...

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Sold off last week after the FOMC announcements, Price took the buyside liquidity generated during the months early consolidation period and found support at 2584. This now forms the major low of the month but continued the upward macro trend as it was a HL than that formed in November. Beautiful bounce from the sell off as price made up majority of the move...

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Macro trendline is bullish. Alert placed around 1.99 for a short to 1.97 (200pips). Id like to see a internal liquidity sweep inside the 4H FVG and well inside the premium zone. Target would be 50% fib level and weekly support at 1.97. A break of this zone could see a deeper move to grab Liquidity at 1.95. News this week will determine the size of the move.. GBP...

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Last week we saw a weekly rejection from 2721 and a very acute buyside grab started by Asia, which then formed the double top and the pivot for the M pattern. It wasn't as sharp a decline this time probably due to the time of year and the lead up to Christmas. Volume was certainly down last week and spreads had increased somewhat. We weren't able to test the...