On EURJPY, we can observe a bullish setup following a breakout of a bearish trendline. The price has breached a significant swing high at the 157.70 level, creating a buying zone, as seen on the chart. This zone might also lead the price to retest the trendline. Furthermore, the price around 158.44 appears to have made highs during the Asian session and seems to...
The AUD/JPY pair is trading in a sideways range on the 30-minute chart, with the price currently consolidating between the 94.20 and 94.40 levels. The pair has been trading in this range for the past few days, and it is unclear which way it will break out. Fundamental Analysis The fundamental factors that are affecting the AUD/JPY pair include the...
On EURUSD, we have a bullish setup with the price located in a buying zone, within which there are two more. The price has retraced on a bullish trendline and is gearing up for a significant upward impulse. Everyone is awaiting tomorrow's data on the US Consumer Price Index (CPI), while the price is accumulating in the meantime. It will be important to prepare for...
On USDJPY, we have a bearish setup with the price, which, after the structural break of two swings at the level of 146, has started to show signs of a change in direction, from short to long. On the 15-minute chart, during the London session, I identified an entry box, which is an area of inefficiency or FVG at the level of 146.15. In this zone, we might consider...
On GBPJPY, we have a bullish setup after a bearish start to the week. The price, reaching the level of 184.26, broke a swing high on Friday, signaling a potential downturn. Furthermore, the price is getting closer to a supply area, specifically the range of 184.50 - 184.80, where we could look for a short opportunity. My goal for tomorrow, at the opening of the...
On the EUR/USD pair, we have a bearish setup with the price currently located around 1.07, between two potential reversal zones, one supply and one demand. Both of these zones are clearly marked on the chart, and we can see how the price has used them during the week to change its bias. The biggest issue is that the price is within a significant buy order block...
On the USD/CAD pair, we have a bearish setup following today's very favorable news for the Canadian dollar. The price has broken a swing low at the level of 1.3679, effectively paving the way for a bullish scenario. This scenario could also occur if the price reaches the 1.36 area, where we have a significant demand zone that could influence the price. Naturally,...
i opened a short trade on gbp/usd following a structural change on m15 after the opening of the london session. firstly, i identified the bias on h4, and it was short. i waited for a structural change on m15, identified an inefficiency zone, and subsequently placed a sell limit order at the 38% fibonacci level with a 1:2 risk-reward ratio. let me know what you...
Analyzing the options chain and the chart patterns of SPWH Sportsman's Warehouse Holdings prior to the earnings report this week, I would consider purchasing the 5usd strike price Puts with an expiration date of 2023-9-15, for a premium of approximately $0.65. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Analyzing the options chain and the chart patterns of TNP Tsakos Energy Navigation prior to the earnings report this week, I would consider purchasing the 20usd strike price Puts with an expiration date of 2023-9-15, for a premium of approximately $0.87. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
On the S&P500, we have a bearish setup with the price reaching the demand zone at the level of 4440 after breaking down a Swing Low. The goal will be to look for a bullish setup, meaning a structural breakout on M15 and subsequently an FVG to enter the market long. I will be searching for all of this in the pre-American session. Let me know your view and leave a...
On the EUR/USD pair, I noticed a H4 closing with a spike at a swing low. This, to me, means only one thing: looking for a bullish structure to enter the market long. I've just checked the US unemployment data, and it came out favorable for the dollar and unfavorable for indices and, consequently, for the euro as well. So, my bullish view might be too early, but...
On the USD/JPY currency pair, I've identified a bullish setup. The price is consistently breaking previous swing highs, forming new highs. However, it's important to note that my view on the H4 (4-hour) timeframe has remained bearish for over a week. I'm currently waiting for a structural breakout on the M15 (15-minute) timeframe, combined with a Formation of...
After today's data confirmed an expansion in the American industrial sector, the pound lost ground, bringing the exchange rate to the 1.25 zone. However, when analyzing the exchange rate, I notice a bearish structure but with significant potential for a long position. More specifically, it can be observed that the price has broken the swing low at the level of...
Hey Everyone, As you can see from yesterday updated. The cross and lock below the retracement range opened the swing range for a challenge, which was tested perfectly. Throughout the week we suggested these weighted levels like our algo generated swing range, will provide a reaction of 30 to 40 pip bounces. This played out perfectly giving a clean 40 pips plus,...
I entered a short trade on GBPJPY during the London open after a retracement of a Fibonacci level. The H4 structure is bearish, which is why I took this trade. What do you think about it?
On Gold, we have a bearish setup as the price has reached a very important demand level, formed by the last short candle before the rally in the 1927 area, and thus breaking the relative swing high at the 1924 level. The goal will be to look for a long position during the pre-market opening of the American market. I remind you that today we have very important US...
Analyzing the options chain and the chart patterns of YY JOYY prior to the earnings report this week, I would consider purchasing the 35usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $1.20. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to...