With Monday's price action giving us a retracement into a discount. We can look for shorts 15500-15600 area. Wait for candle confirmation. We can see price push into the 4hr OB 15800-900 level.
GJ looks good for sells. If we can see candle confirmation with a clean break of 182.950. I'd like to see GJ trade into 182 reaching target 1. We also have some bearish divergence with a second tap into our supply zone.
When NFP released on Friday, Gold hunted liquidity on both sides. Price reached the 4hr supply zone during PMI release. Next week anticipate Gold to take sell side liquidity before continuing the bullish narrative. Wait for candle confirmation, price may retest into 4hr supply zone again. However, if price breaks 2066 I am bullish toward 2089+
Price took out buyside during NFP, wait for a reaction at the breaker. Watch DXY for confluence. Be careful with CPI this week. We could see a reaction inside the 4hr FVG to take price higher.
With NFP last week pushing price below 102.200. I favor a bearish DXY through CPI this Thursday. Need to see a nice close below sell side.
Looking at US30 we can see the sweep on liquidity and massive rally higher. As we now approach the weekly buy-side liquidity we can expect a couple of things. We currently do not want to be selling as the market is moving impulsively higher, we need to see bears take control before we begin to look at following short. The more likely scenario is a clean...
Gold has put in motion a bullish narrative ever since daily demand was formed a few days ago. Yesterday confirmed the continuation of money flowing into the market and buyers having control. Since the daily demand is so large you will need to wait for confirmation. The target is buy-side liquidity as shown.
Daily Structure on NZD/USD is beautiful. After reaching the daily demand and showing an influx of sellers coming into the market we are ready to ride this thing short. The first target will be the news-driven push that propelled NZD/USD higher into the daily supply zone. The next target(s) will be the daily sell-side liquidity of the range and beyond.
After refinement to the wick of the daily demand zone and waiting to see the reaccumulation of orders it can now be confirmed that we are looking to follow UCAD higher. Being patient and waiting to see the flow of money shift allows us to get a well-supported bias. We are looking to take UCAD to buy-side liquidity as shown by the take profit.
Hello traders, as we take a look at GBPJPY we have a nice potential set up unfolding to get involved in buys. If price make it's way back down toward our hourly demand zone will have valid entries to look to take price for new highs, as we have a valid break of structure here. Good luck traders! be sure to use proper risk management!
Hello traders, as we take a look at BTCUSD, we have a build up of a lot of liquidity. As we are in a strong bullish trend we should be waiting for opportunities to get involved in buys. I am waiting for a potential liquidity sweep to happen where we can get involved and buy price to continue it's bullish trend for new highs. Good Luck traders, be sure to use...
Hello traders, "IF IT AINT BROKE DONE FIX IT" we are currently in an extremely bullish trend and we should continue to expect buys until this trend is broken. We should wait for price to reach our hourly demand zone where we should look for potential buys to take price for new highs! Good luck traders be sure to use proper risk management! CipherFx.
Hello traders, as we take a look at XAUUSD we have a nice potential set up if gold reaches our 15 minute demand zone. Here we should look to take a quick set up for price to go for new highs with a high RR. Good Luck traders, be sure to use proper risk management! CipherFx.
Hello traders, as we take a look at EURNZD, I am forecasting a potential move to the upside. We are currently in a bullish trend and what may be currently happening is a liquidity sweep right before a push to the upside as we have a valid Change of character to confirm this. Good luck traders, be sure to use proper risk management!
Hello traders, as we take a look at AUDUSD, we can see price has swept liquidity therefore invalidating the demand zone that price is currently at. Instead of looking for entries now, I will be waiting for price to sell a little bit lower toward our demand zone where we can look to take entries there. Good luck traders, be sure to use proper risk management! CipherFX.
Hello traders, as we take a look at XAUUSD, we have a nice potential set up, as price has returned back to our Demand zone we should look for the possibility of a move toward higher highs given the fact we have a great RR, and the structure of XAUUSD is currently bullish. Good Luck traders, be sure to use proper risk management! CipherFx.
Hello traders, as we take a look at EURNZD, we have a nice potential sell set up. Price swept liquidity, but when we look further to the left we can see that the high was never broke. This is leading me to believe we are very much in a bearish market currently and price may have some distribution to the downside. Good luck traders! be sure to use proper risk...
Hello traders, today as we take a look at GBPAUD price had a massive breakout toward the upset leaving behind nice confirmation that price may want to return higher after some type of retracement. Here if price returns back down toward our 30 min demand zone we have a nice 1:3 RR set up to potentially play out from our demand zone. Good luck traders, be sure to...