OVERALL TREND BIAS- BULLISH Looking for long opportunities as well on the Aussie Dollar, price has rejected and been stopped from breaking below a key structure level that's acted as support multiple times. Looking for a bullish engulfing candle or some sort of buying pressure to enter on the 15M TF this week. Similar to GOLD, we can scale our positions...
OVERALL TREND BIAS- BULLISH Price movement- consolidating in a channel the past couple of days before market closure. This looks like bullish flag pattern that's forming on the daily TF and multiple wick rejections to the downside signify a strong bullish trend that may push the price higher. Looking for only buy setups here. and targetting the 1800 and 1815...
Overall trend bias-bullish Huge dip over the weekend, but still at an overall correction phase to the upside. Looking to retest 38.2 support level and rally towards the upside.
Overall trend bias- bullish Seeing a bullish rally from the 23.6. Potential retest and move towards the upside. Taking a long entry from here based on price action from the 1H TF. What do you think?
Overall trend bias-bearish Short entries on 3 potential scenarios Scenario 1- Break of support structure-->retest resistance--> short entry Scenario 2- rejection of resistance level 38.2--> short entry Scenario 3- break of 38.2-->retest--> rejection from 23.6--> short entry What do you think?
Overall trend bias- bullish Long setups potentially forming on 4H TF. Scenario 1- Break into HHs-->retest-->long entry Scenario 2- retest-->long entry Scenario 3- break below 23.6-->rejection from 38.2 support-->long entry What do you think?
Overall trend bias-bullish Looking for long entries for this one Scenario 1- break-->retest-->long entry Scenario 2- rejection from support--> long entry Scenario 3- Break-->retest of resistance--> rejection from lower support level-->long entry Scenario 4- (unlikely scenario) but looking for a long entry from lowest support level rejection What do you think?
Overall trend bias- Bullish We have 3 possible scenarios where price can take us. Looking for long options on the 1H TF depending on price action. Scenario 1- break--> Retest--> Long entry Scenario 2- Rejection off support level --> Long entry Scenario 3- Break below support--> retest of resistance to lower support--> Long entry What do you think?
My thoughts on AUDUSD, GBPUSD, NZDUSD and XAUUSD. What do you think?
Overall trend- Bullish on the Weekly, Daily and 4H. As predicted, price retested our support zone or 55k and moved nicely to hit our TP. Created higher highs and has a possibility to do the same based on the volume and strength of buyers. This is just the start of the pullback gaining bullish momentum.