TheTradingDistrict

TheTradingDistrict

Price has been consolidating on this pair for almost 2 weeks. We are waiting for price to break our highlighted areas to play the ranges on the lower time frames. Zone to zone.

TheTradingDistrict

NZD/USD has broken our rising trend line. We are waiting for corrective structure on lower time frames to enter sell entries

TheTradingDistrict

We are short biased on this pair. We are looking for price to break and retest our rising trend line to enter shorts.

TheTradingDistrict

We are monitoring price in our key highlighted area. IF price breaks above, we'll be looking for long entries. If price rejects and heads down to break our rising trend line, we'll be looking for sell entries. We will monitor AUD fundamentals to further gauge its direction.

TheTradingDistrict Updated 

EUR/USD has been in a strong downtrend for quite some time. Here, we see a rising channel forming. For this setup to work, price needs to remain below our key flat level 1.09500 and break the bottom trendline to the down side.We will be looking for safe sell entries ONLY IF the bottom trendline breaks.

TheTradingDistrict Updated 

With Saudi and Russia oil war still looming, we should still feel pressure on oil prices. We expect price to play within our rising channel and break at least towards 22.00s.

TheTradingDistrict Updated 

Price has broken our trendline. Price needs to remain below for sell entries to TP 1 or TP 2

TheTradingDistrict

Price has been consolidating for a while. We are looking for break out of this mini range. We'll be taking trades in the direction of the break.

TheTradingDistrict Updated 

EUR/JPY respecting our key level 118.700. If price breaks our trendline, we can expect price to fall to the 116s. We will be looking for short entries ONLY IF price breaks and remains below our trendline on the chart.

TheTradingDistrict Updated 

AUD/USD price is now making a minor pull back before it breaks our channel. We'll be looking for short entries ONLY IF price breaks our channel. Take profits are boxed in yellow

TheTradingDistrict Updated 

EURJPY has potential upside if it can break and hold above our descending trend line. We'll need price to break and hold above 119.350 for continued upside.

TheTradingDistrict

EURJPY has broken key level 118.700. We expect price to pull back to this area for short entries.

TheTradingDistrict

Price has printed an inverted head and shoulder pattern. We are looking for price to break and hold above $280. Assuming the market regains traction after the corona virus scare, we should see price reaching back to $315s

TheTradingDistrict

After the Feds cut rate today, market sentiment push gold prices. We are expecting a retracement to our key level zone of around 1630's. From there. we'll look for buy entries to target 1653s. If 1653s break, we may head back to 1680s.

TheTradingDistrict Updated 

Gold has been crazy this past week due to heavy corona virus news. We are expecting price to retrace to our weekly key levels. Either 1590.500 or 1550. We will monitor how price will react to these areas.

TheTradingDistrict Updated 

Waiting for price to pull back to our buy area of $49.50-$51. Looking to exit at $55.00 zone.

TheTradingDistrict

Bitcoin is approaching our key level @ 9500. We're looking for rejections at this area for buy entries and expecting price to rise towards 11500.

TheTradingDistrict

AUDCAD is setting up a rising channel pattern. Although this pair is in an uptrend, we will be waiting for price to break the trend line support and look for sell entries.