Gold / 1H Hello traders, as many of you have requested for another gold market breakdown in a lower time frame. Here you go. As for the moment, gold is trading inside a rising channel approaching a local resistance level. Bullish scenario: the price breaks above targeting the next highs. Bearish scenario: the price gets rejected by the resistance level, that's...
AUDUSD / 4H AUDUSD has been trading in a downtrend, and now has reached a very significant key level. As for the moment, we are not looking to sell this pair. In such a strong sell-off. We only look for selling opportunities. Trade safe, Trader Leo.
USDCAD / 4H USDCAD has been trading in a bullish trend. Recently, rejected the Daily trend line after a fake-out after Oil prices started rallying giving the Canadian dollar more strength. Here are the key levels that I'll be looking to buy this pair, in case the price of Oil starts dropping again. Support levels : 1.26471 1.25944 1.24877 Trade safe, Trader Leo
GBPUSD / 4H GBPUSD has been trading in a downtrend, and recently it has broken the falling channel, indicating a more sell-off is in the way. As for the moment, we are not looking to buy this pair. In such a strong sell-off. We only look for selling opportunities. Trade safe, Trader Leo.
BTCUSDT / 1D Bitcoin has been trading overall in a bullish structure. But, based on recent price action, we notice the pull run is slowing down. Despite all the hype surrounding the crypto market, a natural correction is needed. The price was overbought at 66k, in such markets, the price has to naturally return to the true value (that's how supply and demand...
Gold / 1D First of all, congrats to all the traders who followed the bearish analysis on gold. It worked perfectly. Gold is globally trading in a bullish trend according to the monthly time frame. Recently, the price has broken the structure upward, indicating more bullish momentum. A zone of interest would be the green zone, where are many confluences...
AUDUSD / 4H AUDUSD has been trading in a downtrend and now it's trading inside a trading range. A high probabilistic sell zone would be 1.7170. As for the moment, we are waiting for the price to reach back our desired zone and get a price action confirmation on a lower time frame before going short on this pair. Trade safe, Trader Leo.
NZDJPY / 1H This idea comes as an update to our last idea on NZDJPY. As have we seen the price rejected the bullish structure as predicted. Now we notice the price is showing signs of strength by forming a Wycoff accumulation on the 1H time frame. Trade safe, Trader Leo.
Us30 / 1H The dow index has been trading in a downtrend as a big reaction to the corona variant. We expect the price to drop more for some significant levels. Trade safe, Trader Leo.
GBPUSD / 1D GBPUSD has been trading in a downtrend and now has rejected the falling channel. We expect the price to pull up before continuing the downtrend. Please note reverse calls have more risk than trading with the trend, to confirm the setup we highly suggest keeping a close eye on the dollar index. Trade safe, Trader Leo
AUDNZD / 1H AUDNZD has been trading in a bullish trend, and now is showing signs of weakness on the 1h time frame. If what we are looking at is indeed a Wycoff distribution, then we will see a heavy drop. Trade safe, Trader Leo
NZDJPY / 1D NZDJPY has trading in a bullish strucrute, and now is pulling back to complete the circle. If this structure is respected, we expect the price to continue the bull trend. If this scenario is correct, expect a long-term trade on this pair. We will be watching closely on a lower time frame to confirm the long side. Trade safe, Trader Leo
USDCHF /4H After a strong bull run in the dollar index, USDCHF responded aggressively towards the bulls who took the upper hand, but recently, the price rejected the weekly trend line, indicating this bull run might have been finished and it's time for sellers to take the upper hand. Trade safe, Trader Leo.
Gold / 1H Gold has started to show so much weariness, indicating the end of the bull run. After confirming a Wycoff distribution, we expect the price to pull back before even dropping more. In such a Market, we only look for optimal positions to go short again. Trade Safe, Trader Leo.
USOIL / 4H The US Oil has started to show so much weariness, indicating the end of the bull run. After confirming a Wycoff distribution, we expect the price to pull back before even dropping more. In such a Market, we only look for optimal positions to go short again. Trade Safe, Trader Leo
CADCHF / 4H CADCHF has started showing weakness by forming a Wychoff distribution on the 4H time frame. We expect this pair to continue falling down. If the channel doesn't respond, we might consider being short on higher levels that the price might reach to fill some imbalances in the market. Trade safe, Trader Leo
Gold / 4H Gold has respected the new structure we have shown in the last video. The 1H channel has been broken, which puts our bais to be locally bearish. we expect gold to consolidate pull back from the next support to fill some imbalances before heading down. Trade safe, Trader Leo
US100 / 1H Nasdaq is trading inside a triangle, we expect 2 scenarios today in the new york session. The high probabilistic one is the bearish move. Trade safe, Trader Leo