SK-trading123

SK-trading123

Looking to enter a short on NZDUSD area given the opportunity. Key area requires breach either on 1H or 2H timeframe (clear candle closure). If market provides this , will be looking to enter as per analysis. SK

SK-trading123

How's it going fellow traders! Just entered a short on AUDCHF . Rationale for entering - Daily momentum was shifted bearish back and only recently was price action revealing weak bullish structure indicating further continuation. I have entered on the 1H break and retest of the last higher low. Lets see! Will betaking profits along the way down.

SK-trading123 Updated 

Hey fellow traders! Looking to capitalise on this GBPAUD short potential. If we are to break and retest on the 4H as per below breaking the key daily support. I expect this to continue on to the next structural retest point marked. Have a safe trading week! Sunny

SK-trading123

EURCAD Longs entered. After an impulsive move to the upside over the last couple of weeks we have been retracing to potentially make another leg to the upside. As per PA , you can tell from just the behaviour of the candles , the retrace is showing signs of slowing down/reversal. Have entered and will closely monitor. Trade safe fam

SK-trading123 Updated 

EU short on the radar. Daily trend is still overall bearish and watching to see if we make short-term lower lows on the 1H timeframe. Should we get a clear break and retest as shown , can expect this to take us to the next support marked.

SK-trading123 Updated 

Hi fellow traders, I am personally anticipating a big move on CSPR soon. CSPR has been in an accumulation zone for some period of time (600 days plus)! . We have attempted to break the accumulation zone previously but failed and came back. However, since the crypto environment has changed and lots more retail interest is coming , I expect this to break and retest...

SK-trading123 Updated 

Hello traders , This is setting up as a nice continuation play. Clear downside momentum from last week as a result of strengthening JPY sentiment. Expecting a continuation 1H play should we receive a break and retest as shown. Trade safe familia! Many thanks Sunny

SK-trading123

Similarly to my previous post. Higher timeframe analysis suggests we have broken out of accumulation zone and beautifully retesting. Should we maintain this I expect 0.03 to be hit very soon! Trade safe all Many thanks Sunny

SK-trading123

Hi traders, As part of my spot crypto bag, ZIL is beginning to show life and is looking to break out of the weekly accumulation zone. Should we see this break out and a weekly retest zone , we should clear 0.1. Let's see how it unfolds. Many thanks Sunny

SK-trading123

Hi fellow traders . We are eyeing a potential buy for NZDUSD here. Given we receive ideally a daily close above the daily level marked followed by a valid retest. I expect price to push to the next daily level as shown. Rationale for trade. On higher timeframe we are in a clear continuation. Kind regards Sunny

SK-trading123 Updated 

Hi fellow traders! After an impulsive break of the previous support I am expecting this to turn in to resistance . I expect some slow retracement to the target shown before coming down to the target below. I will be waiting for entry within the 1H timeframe. Have a safe trading week

SK-trading123 Updated 

Hi trading community, Looking for potential longs should price action break the key resistance outlined. Ideally a daily break above the resistance (which it has attempted in the past) is needed before continuation. Overall higher timeframe momentum weekly and beyond is currently bullish and I'm looking for Daily to align with this. Target 1 and Target 2 is...

SK-trading123 Updated 

Hi all, Expecting USDCAD Long given we get the confirmation of the daily break on the 4H. With a valid retest could see highs in line with USD sentiment. Trade safe Sunny

SK-trading123 Updated 

AUDNZD - Impulsive sell and now relief occuring. Ideal scenario - Relief into sensitive supply area shown for then to look for continuation sells

SK-trading123 Updated 

Price action is showing signs of exhaustion and failing thus far to break the weekly higher low at 16.2K. Unless we see a W break below , do we see the likelihood of 13K. Until then we could potentially see a reversal at least to the tops of the channel at 20K. Let's see what price does. Trade safe Sunny

SK-trading123

- Daily lower lows and lower highs have been forming creating a daily downtrend. On the 30m we are receiving a possible lower low. Ideally require a retest before taking it to the downside. Trade safe Sunny

SK-trading123

Looking to further a downside move if we create lower lows as shown. Trade safe Sunny

SK-trading123 Updated 

After a a key daily break approx 2 weeks ago to indicate a switch within momentum. We have been nicely correcting. Since then we have almost corrected to 100 percent failing to break daily high. If we create lower lows as shown we can expect price to come down to the key Daily level shown. Trade safe!