2 possilbe entries on GBPUSD. Keep an eye on those areas marked in purple.
We should see a retest of the support level. What makes this a more desirable trade for be is the trend line is a nice confluence. Quick trade easy 30 pips. We love sniper set ups
CADJPY TAKE PROFIT 80.850 STOP LOSS 80.030 -7 PIPS STOP LOSS
GBPAUD coming off a strong push up from last week. . . I can see a correction/retracement into back to key zones of Interest before going up Wyckoff accumulation possible spring pushing up then possibly correcting into a "spring Range " for Reentry Buy opportunities . . . . Set alarms for key zones 1.795-1.79000 (half & Quarter LEvels alarms for buy in if price...
I expect price to break the trend line and rally up to form a double top pattern, then continue in its bearish move to the down side.
THIS COMING WEEK WE WILL HAVE OUR EYES ON THESE SIGNIFICANT LEVELS FOR GBPCAD WHEN TRADING THIS PAIR OUR PERSONAL BIAS IS FOR BUYS SHOULD WE KEEP MOMENTUM TO BREAK THE RANGE HOWEVER WE STAY PREPARED TO ADJUST TO MARKET FLOW AND SHOULD WE STAY IN THE RANGE WE LOOK TO TRADE THIS PAIR BACK DOWN TO THE KEY LEVELS WHAT ARE YOUR THOUGHTS?
Waiting for a nice retest after the sell off but price can wick past to hunt stoploss's... however we maybe range bound
Proposed short position for EURGBP. Waiting for price to fail at the resistance zone, or a reversal pattern, then I go short on the trade.
Could we witness the drop this coming week on EURUSD? so many short traders are waiting for this epic fall! lets see how the Numbers do for the DXY but my bias is to the down side should we get the momentum on the DXY what are your thoughts do you see this different;y? comment and let me know
could we see silver breakout like gold? We broke to the upside of the wedge and are retesting the top
We have hit resistance and the top of the triangle so we could see a strong rejection if NZD reclaims strength
- A very decent set up for the coming week. - We can see how price as reacted to the 61.8% fib level and we see a strong bearish candle confirmation that bears are in control. -A Confluence for this pair is that the supply zone is line with the 61.8% level which shows that price reacts well to the level and more confirmation that price would retrace once it has...
-This is a really good buy opportunity on the reversal of the 23.8% fib level. -A confluence in the higher timeframe we see ascending channel which indicates a bullish trend. -Another confluence is that 50EMA is below price which shows that we should be looking for bullish signals for this pair. -The supply turned demand zone is in line with the 23.8% fib level...
-Very decent long opportunity on the reversal on top of the ascending triangle. -There is a confluence as the resistance of the triangle is in line with my supple zone. -Another confluence is that the supply zone is in line with my 23.6 fib level which could indicate that price could potentially reversal from that zone. -An extra confluence is the EMA as it is...
- Very good opportunity to go for a short position on this pair at the reversal of the supply zone. -Another confluences is the EMA is above price which shows bearish trend of the pair. -Wait for a strong bearish candle at the supply zone and enter the trade. Let's see what happens during the week!
-Very good opportunity to enter a short position on the retest of the supply zone which is in confluence with the 23.6% fib level. -Another confluence is the EMA's which show bearish signals as price is below both EMA's. -Top down analysis from the weekly and daily show bearish signals which gives me confidence the bears are in control of this pair.