Here are some scenarios I'm looking at for next week.
Setup details on charts. After a high has broken on the H4 last week. I expected AUDUSE to retrace. On this retracement I want to get on the buys to keep going LONG. This Buy stop ensures that we get in on the continuation of the trend and also allows the asset to do its Fakemove to the downside and quickly gets us in the trade once it's taken out sellers. Use...
Cadjpy is ready now. We are selling. SL. 29 pips 1:5 R:R
This week, I'm going to be paying attention to Oil. It's bullish on Daily. It just rejected a strong support zone last week and making its way to a key level. If it can break through and retest. I'll be looking for bullish confirmation candlesticks to buy oil
I'm looking at this pair to short because of the head and shoulders that formed at this resistance level. If it can break the neck line I'll be in this trade. For transparency I will be placing a SELL STOP ORDER at this entry at market open and will be holding it for a Stop-loss at 60 pips. Stay tuned for updates. Entry is 109.234 SL 109.839
AU is showing some reversal signs. On the Daily, a bullish engulfing was formed yesterday and so it should bring us some momentum to hold this trade for the week. Sl is a bit big but we hold it till either TP is smashed or SL is hit. Use proper risk management.
Looking for this slight retrace to buy EURCAD. it's overall bullish on higher time frames so i want to get in on the bigger trend.
We will be looking for some more pullback to enter this trade. Easy setup, break and retest for a continuation of a downtrend.
Easy retest of zone followed by a Bearish signal = 🤑
Usdcad moved lower than I anticipated but looks like it wants to start making its long term bullish session that I published 3 weeks ago . I will be looking for a slight pullback before I enter. Stay tuned for updates as it develops
This is clear as day that gold is Bearish and will go to 1806 Don't really have a good entry point. But if I do enter I will update this thread so make you follow this post for the updates.
We are officially Bearish. After weeks of up and down movement that we also caught. The daily has broke through a level of support and I have entered my self into this trade for targets at the last Low. Risking 27 pips Targets 146 pips R:R 1:11 Will be holding this trade longer than usual. Stay tuned for updates as it develops
After a nice sell off as expected we are now at my Point of interest to continue the buy side of USDCAD. This trade is currently active with a 35 pips SL and a target of 250 pips See my previous USDCAD analysis for the breakdown on the daily
Here's the 3 trade for this pair and if it's successful, I'm done for the week. This looks like it can be somewhat of an ICT Model 3, yall let me know what yall think. We also have USD NEWS today at 8:30 which can propell this or fail it. AUD UNEMPLOYMENT CHANGE tonight as well if nothing happens in the next hour. I'll be holding this trade Targets or SL is hit....
After a nice buy for the start of the week, I'm l looking for a short term sell Already in the trade and can see alot of wick rejections. Which tells me that resistance is strong and may fail to break through this zone not to mention a mini double top forming
I see upside for USDCAD LONG TERM. Currently its at a resistance and may short before Breaking structure to continue its trend upwards.
We had a big sell off during london. Expecting a reversal for NY session
Previous idea target hit 50 pips and closed. Spite the initial idea hitting SL due to a tight SL, I re-entered (see updates for that). I will wait for a break and retest of price to enter any new buying positions. As always i will update this idea in the comments below.