USDCAD / 4H Hello traders, welcome back to another market breakdown. USDCAD is trading inside a trading range now, one way to trade this is to sell high and buy low. Otherwise, wait for a breakout and get on when the price pulls back. Trade safe, Trader Leo
AUDCAD / 1D Hello traders, welcome back to another market breakdown. AUDCAD has been trading in a strong downtrend, as a trend following strategy, I'll be waiting for the price to test the falling trend line, then wait for bearish confirmation before I go short for a long-term trade. Trade safe, Trader Leo.
USDJPY / 4H Hello traders, welcome back to another market breakdown. USDJPY has been trading mainly in a bullish trend, the price has made a double top, so one would assume a consolidation phase before the transition to any bearish bias. From another perspective, the fundamentals are in favor of the Yen making it probably stronger if a war between Russia and...
AUDUSD / 4H Hello traders, welcome back to another market breakdown. AUDUSD has been trading in a downtrend, But recently, the price is pulling back to test some key levels. For the next week's watchlist, I'll keep an eye on this pair for potential growth towards the last high as the first target and the trend line as the second target. Trade safe, Trader Leo.
NZDUSD / 1D Hello traders, welcome to another market breakdown. NZDUSD has been trading in a downtrend, as a trend following strategy, I have my eyes on this pair for many reasons : 1- The price started rejecting the old support making it a resistance zone. 2- The price is approaching a local trend line. 3- strong Fib level. Combining all these confluences,...
GOLD / 1D Hello traders, welcome another market breakdown. Gold has exploded following the hype about the war between Russia and Ukraine. Based on the harmonic move which creates channels. We might expect a pullback of more than 1000 points. Careful trading pullbacks, you need a solid confirmation. Trade safe, Trader Leo.
GBPUSD / 4H Hello traders, welcome to another market breakdown. GBPUSD has been trading mainly in a downtrend, but the price now seems to be trapped inside a trading range. I'll be watching for 2 scenarios to sell short. Kindly check the chart to know what I'll be waiting for. Trade safe, Trader Leo.
GBPJPY / 4H Hello traders, welcome to an update on the last idea on GBPJPY. As mentioned before, signs of weakness started showing on the GBPJPY. Now after confirming the break of structure. I'll be looking to see the price mitigating the last order block. Trade safe, Trader Leo.
USOIL / 4H Hello traders, welcome to another market breakdown. USOIL has been trading in a very strong bullish trend. But recently, the price has been rejecting the dynamic weekly resistance indicating a strong pullback is expected. Before opening in a short position, I'm looking to see a breakout from the rising channel. Then I'll be looking to sell short...
EURCAD / 4H hello traders, welcome to another market breakdown. EURCAD has been trading globally in a downtrend. The price now is trading inside a bearish channel, there are two ways to trade such a market. Scenario 1: Trading the channel by selling short the resistance zone. scenario 2: Wait for a breakout, then buy long why the price pulls back. Trade...
EURAUD / 1D Hello traders, welcome to another market breakdown, EURAUD is still going according to the last idea shared. As an update, There are 2 scenarios displayed on the chart I would like to see in order to buy this pair. Trade safe, Trader Leo
USDCAD / 1D Hello trader, welcome to another market breakdown. USDCAD has been trading in a bullish trend. But now the price seems to be trapped inside a trading range. For the next week, we expect this trend to continue. checkout the chart for the 2 setups I would like to see before jumping into the buy. Trade safe, Trader Leo.
GBPAUD / 4H Hello trader, welcome to another market breakdown. GBPAUD has been trading in a bullish trend. For the next week, we expect this trend to continue. But, in case we have a breakout from the support level I'll be looking to go short on this pair. 2 things I'll be watching over: Scenario 1: bullish continuation and a breakout from the last...
GBPJPY / 4H Hello traders, welcome to another market breakdown. GBPJPY has been trading in a bullish trend, the price showed signs of reversal when the news about Russia attacking Ukrain was released. Based on current price action, I expect 2 scenarios where I'll be watching over for next's week watchlist: scenario 1: The price goes back to trade inside the...
XAUUSD / 4H Hello traders, Gold is globally trading in a bullish trend, but recently, the price has struggled to break towards clean buys. Based on a higher time frame analysis, the price is stuck in a trading range. Which suggests buying low selling high. Technical analysis shows that the bullish structure on the 4H time frame has been broken the last week,...
EURUSD / 4H Hello traders, EURUSD has been trading in a downtrend, but yesterday we had explosive bull bars. The Bais still bearish till the range is broken by a valid breakout. Trade safe, Trader Leo
USOIL / 1D Hello traders, As an update on my previous ideas on Oil, we have got the first rejection from our desired level, for the next week's whatchlist, I'll be looking for a reverse trade for a deeper correction, from now on I'll be looking for reverse patterns on lower time frame before going short. Stay tuned for updates. Trade safe, Trader Leo.
EURGBP / 4H Hello traders, Following the last idea I shared on EURGBP, I got the desired reaction from buyers on the weekly chart, by zooming in on the 4H chart, I'll be waiting for any pull back to get on this new bullish trend as soon as possible with a minimum risk keeping in mind that the price might start ranging on the daily time frame. Trade safe, Trader Leo.