USOIL breaks out of this downwards channel and is retesting this daily demand zone, and price is forming a strong support around these levels, so we can look to buy US oil and aim $71.50/$73 for a good risk reward set up. Stop loss to be set under the support to protect it.
Price could breakdown following the bearish pinbar, we might see a low produced next, giving us a chance to make some $ to the downside.
EURAUD, Nice looking set up, we have a contraction on the 4h chart and this sideways exchanging of contracts, we can look to use this floor underneat as a stop loss, and aim to retest under previous high or weakness, good Risk reward is key guys, just keep trading them :)
NZDCAD, has formed a bullish flag, which could lead to continuation and the chance for us to ride a wave up if we get a nice breakout, who else is enjoying being back at work? Love this game, good luck guys, lets go champ.
GBPUSD Potential price movements heading into this week, I expect price to reach that contraction we saw at the top in GU, I would expect to see a reaction here, if we are going to see strong $, if we get to this block, we can look to short weakness down to new lots, for the time being I believe we are in a continuation pattern and we can look to trade GBPUSD up...
Looking to buy EURNZD and ride the swing up, good risk reward set up.
Little trick id thought id show you guys, using the relative vigor index to find divergence, enjoy ;)
Intraday move on EURUSD, for this fine monday morning.
So NFP, Did not go as the previous posts suggested, Now we have a massive collapse in XAU and a rallying of the $, BUT we have since made a potentially better set up, because now the 4H chart is making this Gartley Harmonic after a markdown from the $1900 levels. This structure can act as an accumulation, We can look to buy XAU upto $1830, and the 1.618 extension...
NFP day, the excitement for the month, and I have picked up on this harmonic structure on the 30m timeframe, Now if we can see DXY make a move down to S3 support and the weekly low around 91.80 this harmonic will work a treat, However you need to wait for confirmation of this move, we need volume or PA to tell us we have found support, currently price is...
Final chart from me, I realize I also said this a couple days ago lol, but I cant resist, a tight stop set up in GU with targets of 1.3960, Enjoy your weekends and lets go next week for more pips. Peace.
Well.... yet again it was not my final post, so from now on I will not bother saying it... Here we are harmonic completed and NFP coming up, can we see price rise to our targets to secure more profits? We will see. One thing we do know is NFP is gunna be a helluva ride. Enjoy folks, and I hope my analysis was helpful this week.
Last post of a busy first week here on Tradingview, Ethereum has completed this harmonic, and from this point we are struggling to break the $2.8k-$2.9k level, now price is starting to reject going higher, we can look to short eth back down to the bottom of the range for trade points of $1700/$1800, This is my last post of the week, enjoy your weekends, and have a...
Is it time for GBPAUD to begin a great descent? the harmonic is complete, we can look to find good short positions for long term trend trading. I will attach my idea for AUDUSD strength below. I did say last post but here we are haha.
FTSE, Has completed this huge daily harmonic pattern since before the Covid pandemic, We could see a massive sell of in the indice, Money running to the $ could see a massive collapse in global stock markets, because they too me seem very over priced, considering the state of the overall world economy right now, with tensions brewing China, is it possible we see a...
Good Harmonic pattern with good pips available to us, DXY weakness could stimulate strong growth here, after the news of Aussie we had earlier this week.
After that great trade in Gold we had claiming over 150 pips, can we catch a move down using this harmonic structure on the 15m timeframe.
Potential move for XAU, If we see a sell off in the DXY, I would wait for market volume before deciding to take this trade, and a bit more confirmation in the candles, but we may be able to buy XAU, up towards a target of $1827