This trade is not valid to enter yet. Entry: Our latest chart setup on EURAUD is long-biased, based on fib extensions which create a strong buy zone with potentials for long entries and a bullish EUR currency, we will have an accurate setup going long from level 1.65551 if the price doesn't aggressively break below, but maintains it's slow pace towards the...
This trade is not valid to enter yet. Entry: Looking to go long on USDCAD. USD still hold bullish momentum fundamentally and our technical are also still aligning with upside pressure. If we see price retrace back to 1.37283, we will our long entry. However, if we see price aggressively move down below 1.36174 the trade becomes invalid. Exit: If we get our...
This trade is not valid to enter yet. Entry: We are looking to go long on EURCHF again. Possible entry if we can break above 0.96452 - 0.96503 zone, whilst an aggressive move below this zone will completely invalidate this trade. Exit: If we manage to get a long position in, we will look to make a 50% exit at 0.96938, and the remaining 50% at 0.97522.
This trade is not valid to enter yet. Entry: We have a potential sell position setup on CHFJPY, if we start seeing bullish momentum off level 167.257, we will look to make the entry. However, if we see heavy bearish pressure and it breaks below 166.710 the whole setup will become invalid. Exit: If we manage to get a long position in, we will look to make a 50%...
We are currently waiting for EURAUD price to retrace back to 1.66362 where we expect to see price struggling to maintain upward momentum past our 0.618% extension. If we do see price action slow, we will make our short entries from 1.66236 and place one TP at 1.64521 (200 Pips). NOTE OF INVALIDATION: If hourly candle continues above retest zone and closes above...
This trade is not valid to enter yet. Entry: We have a potential buy position setup on AUDUSD, if we start seeing bullish momentum off level 0.62899, we will look to make the entry. However, if we see heavy bearish pressure and it breaks below 0.62654 the whole setup will become invalid. Exit: If we manage to get a long position in, we will look to make a 50%...
This trade is not valid to enter yet. Entry: Our latest chart setup on USDJPY is long-biased, based on fib extensions which create a strong buy zone with potentials for long entries and a bullish USD currency, we will have an accurate setup going long from level 149.267 if the price doesn't aggressively break below, but maintains it's slow pace towards the...
This trade is not valid to enter yet. Entry: We have a potential short coming on EURCHF, currently waiting for retracement back to 0.94901 area where we will look to see upward momentum slow down, this will validate our entry to begin making our short. We will have one take profit target set at 0.94177. Invalidation: If we see price enter our 'No Entry Zone'...
We are currently waiting for EURUSD price to retrace back to 1.05921 where we expect to see price struggling to maintain upward momentum past our 0.618% extension. If we do see price action slow, we will make our short entries from 1.06177 and place one TP at 1.04884 (64 Pips). NOTE OF INVALIDATION: If hourly candle continues above retest zone and closes above...
Trade Analysis Based Around Market Liquidity We have a potential wave setup forming on GBPJPY. Leg one formation from 164.085 to 161.922 which is the trigger point of wave B. If we see wave B form which is selling pressure from current market price down to 163.465 (our entry point) we will begin adding our buy positions on the asset and take half profit from...
Looking for long entries on AUDCAD. If we break above the PML this will validate entry for us and we will try to target 0.91998 (156 pips).
After a successful short entry on AUDCAD last week we are now looking for a long entry off previous week low and key fib levels. We must wait for a few confirmations before trade validates for entry. Firstly, the candles must show clear rejection off level of interest. Secondly, we must only make entry once AUD rates decision is confirmed later today, only if we...
This trade is not valid to enter yet. Entry: We plan to take a long position on GBPUSD once we have a slight retracement down to 1.18419 - the level which is the current low of the year acts as a key level of interest for major institutions, so we can expect a very thick order depth here. Exit: If we manage to get our long position after the retracement, our...
Waiting for a few more confirmations before I make an entry and send a signal for the trade on GBPCAD. Firstly, we need a full reversal back to the 1.61194 - 1.60785 region before entering a long position. 2 TP system, once first triggers, the trade goes into SL = B/E and the remainder floats risk-free. TP 1 = 1.62181 and TP 2 = 1.64070.
A possible short entry on GBPJPY if we have weakened CPI numbers for JAN release. Our targetted entry point is 161.808, and we will enter the trade on a two TP system. The first TP will be positioned at 159.865 and the 2nd at 158.235 (168 pips net).
Here we have a CHFJPY setup where we believe the pair has more downward pressure to come with a weakening CHF fundamentally. Our current level of interest is 143.926 where a reversal is very likely, an entry here would set our eyes on targets 140.389 for a 60% trade reduction and 137.498, for the remaining 40%.
Looking to go long $/CAD, currently approaching a congested zone of 2023 lows, we also have some $ strength building fundamentally with higher consensus on MPI. We are hoping for a strong pullback from our POI at 1.32236 region. I'll keep you all updated on how this setup goes.