EURGBP / 4H EURGBP has broken from the consolidation recently with a valid breakout. we are preparing two scenarios for this pair, and it all depends on how the price react to the temporary rising channel. Trade safe, Trader Leo.
USDCHF / 4H USDCHF has been trading in a local downtrend. Recently, the price has broken the previous structuring testing another high. We expect the price to pull back to test the previous structure before continuing up. This scenario depends highly on how the dollar index will react in the next few days. Trade safe, Trader Leo.
GBPJPY / 1D GBPJPY has been trading in a bullish structure in a higher time frame. Recently, the price was pulling back heavily to test a few levels. For the next few days, we will be looking for a long term buying opportunity around our buying zone where we expect buyers to show up heavily in the market. Trade safe Trader Leo.
Gold / 4H Gold recently broke a major key level with a valid breakout which puts our bais bullish for the long term. But, before continuing up the price has to fill in some imbalance. We expect 2 scenarios : Bullish: continuing up by breaking the new structure. Bearish: Breaking the 1h structure formed as a bullish channel to pull back to some key levels....
GBPUSD / 1D This is an update on the setup shared before on GBPUSD, As mentioned before, we observed a high time frame Wycoff distribution (Daily time frame) which suggested a lot of weakness on this pair. As it seems, GBPUSD is trading inside a downtrend channel now, and it's nearing the support level of the channel, we expect the price to reject this level...
GBPCAD / 4H GBPCAD has been trading in a downtrend, and recently rejected a key level. We expect 2 scenarios for the pair. Short : rejecting the new resistance which is more probable. Long : Where we need to see a clear breakout from the channel. Trade safe, Trader Leo
GBPUSD / 4H After catching a Wycoff distribution on the daily time frame, GBPUSD is still respecting the bearish structure. We expect it to fall more after rejecting an important key level. Trade safe, Trader Leo
Gold / 1D From a higher perspective, gold has been ranging in a trading range for the last 3 months. As long as this trading range is not broken, we expect gold to keep ranging for another few months. In case of a breakout, we will be looking to buy a long-term swing. Trade safe, Trader Leo
US30 / 1H After breaking the last resistance, the dow index continues the bullish trend making a series of new highs and new high lows. Although the price started showing a divergence in the momentum which indicates a reverse. For today's session, we will be looking for 2 scenarios because of the impact of NFP on the markets. Trade safe, Trader Leo
NZDUSD / 2H NZDUSD has finally established a new trend making new lows and new high lows. Plus, we observed a Wycoff distribution on the 2H time frame. For our next setup, we'll be looking for following this new trend, we are aiming for a bull back to get on a discount. Trade safe, Trader Leo
GBPNZD / 4H GBPNZD has been dropping recently allowing sellers to fully take the upper hand. As long as the bearish structure is not broken yet, we expect this pair to fall more. once it's broken our bais will be shifted to buy around the pullback. Trade safe, Trader Leo.
CHFJPY / Weekly CHFJPY has been trading in a strong bullish trend while respecting the rising parallel channel. recently the price rejected the resistance level on this channel, we expect a major correction. Trade safe, Trader Leo.
GBPJPY / 2H GBPJPY is till following the bearish momentum as predicted the last week after observing a classical Wycoff distribution. We will continue watching over this pair for more potential sells around the zones 155.00 and 155.5 after price action confirmation. Trade safe, Trader Leo.
GBPCAD / 4H GBPCAD has been consolidating between two important levels, for our weekly setups, we expect the price to continue doing the same, so buying low and selling high might be a good idea, but we still need to confirm that on a lower time frame. Trade safe, Trader Leo.
EURCHF / 4H EURCHF has been trading in a strong down trend, we expect the price to fall more meeting some key levels. For our weekly setups, we will be looking for sells around the 1.06405 and 1.06866 levels after a good price action confirmation. Trade safe, Trader Leo.
ETHUSD / 4H The last week we predicted the rejection zone very accurately, the price has built a good support zone around the 3903 level. We expect to go long after we get the right price action around that level. Trade safe, Trader Leo.
GBPUSD / Daily GBPUSD has been forming a classic Wyckoff distribution forming on the daily time frame, recently the price rejected the last resistance zone creating what we believe to be a LPSY. For our weekly setups, we will be looking to add more sells in the way down. Trade safe, Trader Leo
USDCHF / 4H USDCHF has finally established a new trend making new lows and new high lows. and recently has broken a major bull channel. For our next setup, we'll be looking for following this trend, we are aiming for a bull back to one of the sell zones at 0.91604 or 0.91899. Trade safe, Trader Leo