Corbeau_FX

Corbeau_FX

HI! SIMPLE IDEA ABOUT AUDNZD. THE PRICE RECENTLY CREATED A NICE BULLISH IMPULSE ON THE DAILY TIMEFRAME (HIGHER HIGH & STRONG MOMENTUM). I THINK THAT THIS WAS THE START FOR A BULLISH CYCLE SO NOW IT WOULD BE THE TIME TO LOOK AT ENTRY OPPORTUNITY TO THE UPSIDE. WE SAW A NICE RETRACEMENT LAST WEEK AND YESTERDAY AND I THINK THAT THIS RETRACEMENT IS NEAR HIS END....

Corbeau_FX

HI, THIS IS MY POINT OF VIEW ON CADJPY. BEFORE THINKING OF ANY ENTRIES OPPORTUNITY, I WILL WAIT TO SEE THE H1 DEMAND ZONE BEING TAKEN OUT. AS OF RIGHT NOW, THE ORIGIN OF THIS BULLISH MOVE IS the ONLY ZONE THAT I WOULD ENTER. WE ALSO HAVE A BEARISH DIVERGENCE, THAT'S WHY I AM THINKING OF SHORTING IT IN A NEAR FUTURE. BE AWARE OF THE THREE EQUAL HIGHS, WE WILL...

Corbeau_FX

HI, HERE IS A LITTLE UPDATE ABOUT MY LAST EUR/NZD SETUP. I THINK WE MAY SEE A BEARISH MOVE SOONER THAN I FIRST EXPECTED. MY ORIGINAL IDEA WAS THAT THE PRICE WOULD REACH THE 1.800 AREA (BY COMPLETING THE FINAL CORRECTIVE WAVE) BEFORE THE MOVE TO THE DOWNSIDE. HOWEVER, WHEN LOOKING AT IT THIS SUNDAY, I SAW THAT THE PRICE COULD HAVE ALREADY COMPLETED HIS CORRECTIVE...

Corbeau_FX

HI, THIS IS MY POINT OF VIEW ON EURNZD, THE PRICE IS CURRENTLY ON A BULLISH CYCLE ON INTRADAY TIMEFRAMES & ON THE DAILY TIMEFRAME. HOWEVER, I DON'T SEE EURNZD MAKING A NEW HIGH IN A NEAR FUTURE (TOO MUCH BEARISHNESS AT THE TOP). THIS WILL MOSTLY BE AN INTRADAY SETUP THAT WILL TRY TO CATCH THE FIFTH AND LAST WAVE OF THIS CYCLE. THE PRICE ALREADY MADE THE FIRST 3...

Corbeau_FX

Bullish entry located in m15 demand zone that breaks the ''holding'' supply zone

Corbeau_FX

I expect USDCHF to close the Weekend Gap Soon. I also plan to hold that trade for a longer period of time. On the Daily, this setup will try to catch the fifth impulse wave. Wave 1 to 4 already completed in my opinion. Also, the price made a complete 3 waves corrective cycle = Retracement Completed. Two probable scenarios: 1. The price retraces to the origin of...

Corbeau_FX

AUDUSD created a double top, Breaks an opposing H1 Demand Zone and now it's time to take the retracement. The price could reverse there since there are a lot of momentum to the downside. However, it could go as high as the supply zone around the 0.705 Retracement (Bullish Divergence on the RSI @ the m15 double bottom). I don't expect the price to remain bearish on...

Corbeau_FX

SIMPLE IDEA ABOUT EUR/NZD TO THE UPSIDE. IF THE PRICE RETRACTS TO THE TWO DEMAND ZONE WE WOULD HAVE A COMPLETE 3 WAVES CORRECTIVE CYCLE. THE FIRST ZONE IS WEAK IF YOU ASK ME BECAUSE THE PRICE WOULD NOT MAKE A ''COMPLETE '' CYCLE IF IT STOPS THERE. ALSO, THE STRUCTURE PRESENTS IN THIS ZONE IS BASED ON M30 TIMEFRAME AND BELOW ( I DON'T USUALLY TAKE THESE ZONES AS...

Corbeau_FX Updated 

HI, JUST A SIMPLE TRADE IDEA, BUT I AM NOT SO HIGH ON IT WE WILL SEE HOW IT GOES. I THINK THAT IF THE PRICE IS TO HAVE A BULLISH IMPULSE THE H4 DEMAND ZONE WITH THE 0.786 FIBONACCI CONFLUENCE CAN BE A GREAT AREA TO BUY.

Corbeau_FX

HI, I THINK THAT GBP/CAD COULD BE HEADED TOWARD THE UPSIDE. THE PRICE IS OVEREXTENDED TO THE DOWNSIDE = RETRACEMENT/BULLISH TREND START. THE CANADIAN DOLLAR IS ALSO PRETTY WEAK SINCE THE BEGINNING OF JULY & I THINK THAT THE BRITISH POUND WILL REGAIN POWER THIS WEEK. THE H12 DEMAND ZONE IS ALSO LOCATED ABOVE A STRONG DAILY SUPPORT, THAT'S WHY I THINK TO WE COULD...

Corbeau_FX

HI EVERYONE, I'VE BEEN LOOKING AT THE CANADIAN DOLLAR / JAPANESE YEN SINCE THE BEGINNING OF THIS WEEK. I THINK THE PRICE WOULD BE HEADED TO THE DOWNSIDE. ON THE COMMITMENTS OF TRADERS REPORT, INSTITUTIONS ARE SHORT ON THE CANADIAN DOLLAR AND LONG ON THE JAPANESE YEN. I EXPECT A FURTHER PUSH TO THE UPSIDE TO GRAB THE STOP-LOSS THAT ARE ABOVE THE TWO EQUAL HIGHS....

Corbeau_FX

HI, I AM STILL BULLISH ON AUD/USD BUT I THINK THAT THE PRICE IS OVEREXTENDED. IF THE PRICE MANAGE TO BREAK THE DEMAND ZONE (IN BLUE). I EXPECT THE CORRECTION TO GO TO THE 0.618 RETRACEMENT FROM THE LAST BULLISH IMPULSE WAVE. CORBEAU

Corbeau_FX

HI TRADERS HOPE YOU ARE DOING WELL. THIS A BULLISH TREND CONTINUATION SETUP FOR THE EURO CANADIAN DOLLAR. FUNDAMENTAL BIAS: .WHEN WE LOOK AT THE COMMITMENTS OF TRADERS REPORT THE INSTITUTIONS ARE SHORT ON CANADIAN DOLLAR & LONG ON EURO TECHNICAL BIAS: .THE PRICE MADE A FULL CYCLE OF 5 WAVES --> END OF THE BEARISH CYCLE PRICE ENTRY ZONE: .TWO DEMANDS ZONES...

Corbeau_FX

LAST WEEK WAS PRETTY BORING FOR CANADIAN DOLLARD /JAPENESE YEN. WE WERE IN A CONSOLIDATION PHASE. MY BIAS FOR THIS PAIR IS THE SAME AS LAST WEEK I AM STILL BULLISH ON THIS PAIR. TONIGHT, WE SAW A STRONG PUSH FROM THE BULLS AT THE MARKET'S OPENING, WHERE WE BROKE THE PREVIOUS WEEK HIGH. IF I SEE A NICE PRICE ACTION CONFIRMATION IN THE M15 DEMAND ZONE, I WILL TAKE...

Corbeau_FX

HI HOPE YOU ARE DOING WELL ! I JJST SAW THIS MAYBE DOUBLE TOP FORMING ON THE H1 (MORE VISIBLE ON M15) AT THE PREVIOUS SWING HIGH. THERE IS ALSO A BEARISH DIVERGENCE. HOWEVER, IT SEEMS TOO GOOD TO BE TRUE AND I WOULD BE AWARE BEFORE TAKING THIS TRADE. AS WE ALL KNOW THERE ARE A LOT OF STOP-LOSS = LIQUIDITY ABOVE RECENT HIGHS SO I WOULDN'T BE SURPRISE TO SEE A...

Corbeau_FX

PRICE BROKE THE DAILY BULLISH TRENDLINE BUT HAD A BIG PUSH FROM THE DAILY DEMAND ZONE. IT IS SOMETHING THAT I WILL KEEP IN MIND SINCE WE WERE IN A BULLISH TREND. I MIGHT LOOK AT A SELL OPPORTUNITY AT THE SUPPLY ZONE SINCE IT WOULD ALSO BE A BREAK & RETEST OF THE PREVIOUS TRENDLINE

Corbeau_FX

If CADJPY is to continue being Bullish .0.618 and .5 of the prior impulse leg seems to be good areas where price can complete the retracement leg