– Previous Daily candle closed weak Bullish around 2043.500 forming weak Daily Support around 2041.300 as price ranges prior to NFP. – Buys on close above 2048.500 targeting 30min Resistance around 2055.000, Leaving Runners to the current Monthly open around 2063.000. – Sells on close below 2039.200 targeting 4h Support formed around 2033.400, Leaving Runners to...
– Previous Daily candle closed strong Bullish around 183.360 closing within Daily Resistance formed on 12th December 2023. – Buys on close above 183.720 targeting previous Monthly Resistance formed on September 2023 around 184.340, Leaving Runners to the previous Daily Support formed on 10th November 2023 around 184.900. – Sells on close below 182.830 targeting 4h...
1H - On the 1-hour timeframe, we are in a short direction, with the targets being the local low. It is also worth noting the emerging order flow, with a target at the minimum of 2030. The scenario will be invalidated if the price closes above 2050.
4H - On the 4-hour chart, we are still in a short context. The context shift for a return to the long side is marked on the chart with a red line. While we are still in a short context, it is preferable to work in the short direction.
1D - Despite the short-term bearish movement, the price is still in a long context. The nearest target can be considered the fractal minimum located in the FVG. After reaching this level, I would like to see a continuation of the movement towards the target levels around 2090.
Hello everyone, at the beginning of the London session, we experienced a shift in structure to the long side, in sync with the long order flow that started yesterday. With excellent liquidity work below in the form of overlapping imbalances and fractals, I would like to see continuation of the movement higher during the NY session with targets at the London high.
January 4th DXY: Needs to stay below 103 to maintain bearish bias, below 102, could trade down to 101.65 NZDUSD: Buy 0.63 SL 20 TP 65 AUDUSD: Buy 0.6790 SL 20 TP 80 (hesitation at 0.6840) USDJPY: Sell 142.80 SL 40 TP 115 GBPUSD: Buy 1.2715 SL 25 TP 55 EURUSD: Buy 1.0970 SL 20 TP 70 USDCHF: Sell 0.8470 SL 40 TP 100 (H&S) USDCAD: Sell 1.3305 SL 20 TP 50...
– Previous Daily candle closed strong Bearish around 2041.300 tapping into the previous Daily Resistance formed on 20th December 2023. – Buys on close above 2045.800 targeting 4h previous Support formed on 25th December 2023 around 2053.100, Leaving Runners to the next previous 4h Support formed on 2nd December 2023 around 2066.400. – Sells on close below 2032.300...
– Previous Daily candle closed strong Bullish around 181.450 breaking and closing above recent Daily Resistance, Forming new Daily Support around 179.170. – Buys on close above 181.750 targeting previous Monthly Support formed in October last year (2023) around 182.330, Leaving Runners to the Daily Resistance formed on 20th December 2023 around 183.080. – Sells on...
GBP/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 1.87571 Why we like it: There is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 1.88102 Why we like it: There is a pullback resistance that aligns close to the 50.0%...
The Aussie (AUD/USD) is displaying strong bearish momentum and could potentially fall towards our take-profit target. Entry: 0.67508 Why we like it: The Aussie is 1 of the weakest-performing currencies and is displaying strong bearish momentum Stop Loss: 0.68389 Why we like it: There is a pullback resistance level Take Profit: 0.66628 Why we like it: There is a...
– Previous Daily candle closed small Bearish around 2059.100 leaving a huge Rejection to the upside as price tapped into Daily Resistance formed on Thursday 28th December 2023. – Buys on close above 2066.300 targeting Daily and Weekly Resistance formed on 4th December 2023 around 2072.000, Leaving Runners to the Daily Resistance formed around 2077.500. – Sells on...
– Previous Daily candle closed small Bearish around 179.160 leaving a huge Rejection to the upside around 180.640. – Buys on close above 179.370 targeting 1h Strong Resistance formed around 179.760, Leaving Runners to the 4h Resistance formed around 180.100. – Sells on close below 178.730 targeting Daily Support formed around 178.380, Leaving Runners to the...
On the Monthly chart, this pair is currently retracing bearish inside a Bullish PB. On the Weekly, we can see that this pair is in a large bearish grind. We sent out a bearish analysis a few weeks back. If you didn't see it, be sure to take a look at it. Let's go further down in our analysis of this pair. On the Daily Chart, this pair has continued its bearish...
Helo students and traders. Here is a quick top down analysis on the EURUSD. By way of summary, we have come to the realisation that this pair is Bearish on the Monthly, Bearish on the Weekly, Bullish on the Daily and 4 hour, while holding a clear bearish perspective on the 1 hour time frame. Because we believe in trading the smaller timeframe in the direction of...
– Previous Monthly candle closed small Bullish at 2062.900 leaving a huge Rejection to the upside. Last Weekly candle closed weak Bullish leaving a Rejection to the upside and closing below Weekly Resistance formed on 4th December 2023, Friday Daily candle closed weak Bearish as market experienced minimal volume in price action. – Buys on close above 2068.000...
– Previous Monthly candle closed strong Bearish at 179.460 forming strong Monthly Resistance around 187 level, Last Weekly candle of December 2023 closed small Bearish with a Rejection wick to the upside, Friday Daily candle also closed weak Bearish as market experienced minimal movements in price action. – Buys on close above 179.870 targeting 4h Strong...
The EURUSD has been pushing bullish for a while now. On the Weekly chart, we see that the market has been in a down swing that started on July 17, 2023. The market dipped to form a low at 1.0446, following which it began to retrace bullish on October 4. Since October until now, the market has gone through a bullish retracement. Upon seeing the retracement, we were...