Looking to long EURGBP this week. This was one of the very first pairs I have ever traded due to how low it moves. Last week price tested the daily point of interest which cause a bullish run last week. Hoping price to continue on its bullish run by creating more breaks of structure and generating more liquidity. I have my alert set for 0.84834. Once price gets...
Short term shorts, into long term longs. Price had a change of character at the end of last week. Looking for price to get into my order blocks below 1.29885. If I have a change of character on the 5 min time frame, my next target profit level for buys will be at 1.32212
Projecting that UCAD will continue short. Looking for price to have a slight pull back off of this zone before pushing to the -27% extension level. I actually think that price as a long way down to go with UCAD. I project UCAD selling down to at least 2.5000 potentially. But Like I always say, I have to see what the market decided to give me. At the 2.5000 is a...
Projecting that GU will break out of consolidation and have a bullish run this week to at least the -27 extension. Price has a potential or rejecting off of the trendline which is also in confluence with the zone marked up at 1.24177. Would not be surprised if price got to the zone and actually spiked into out -27 extension. Where price will be fully mitigated....
Projecting that EU will break out of consolidation and have a bullish run this week to at least the -27 extension. Where price will be fully mitigated. Have to see what the market decides to give us this week. But I will be looking for potential long opportunities for this pair.
UCAD, is in a very interesting spot as of right now. UCAD, bought up the my zone, and looks as though it wants to sell down to the next zone. Giving us about a 161.4 pip move. Being that EU and GU have a bullish bias, I am sure UCAD will have a short term sell off to the zone. If price breaks the zone, I forsee UCAD selling off to the trendline.
Price currently, broke out of the zone at or about 1.04938, looking for price to push up to the first trendline. Giving us a solid 68.7 pips. Depending on what price wants to do, i foresee price breaking and retesting the trendline before heading up to the second zone, which would give us about 142.7 pips from the first zone to the second zone.
Could see price for GU to push lower into my zone, Can potentially see price reversing at this area to mitigate the consolidation is left out of in order to reprice lower, have to trade what I see and not what I think when the market opens. All I know is price is in a very interesting area. Curious to see how price plays out next week
Price for EU, has made a very interesting run last week. Price is not at a point of interest for me for potential buys to the consolidated area, to mitigate price at the consolidated area before preciign lower. Scenerio 2: Price continues on its bearish run
Price for UCAD is at a very interesting point. Buy side, side ways liquidity was swept at the end of last week. As of right now, price is in an ideal area were I would be looking for mitigation and short term sells to the downside at the beginnign of this week coming up. I forsee price rejecting the sonze it is currently at and pushing down towards the trendline...
This is the start of the long haul for UCAD, entered the position late during the week. However, I project it to keep pushing upwards to my zones, espeically the -27 extension. This is definelty a swing trade that I am looking forward to in the upcoming week.
Would like to short EU, do not foresee EU, going nay higher. However, if it breaks major structure, I will change my bias. Currently have two positions in on this trade. Taking a .25% risk on my account on this trade. Will see how Asia/open of London session goes. Especially with NFP week. If my area si not respected, I will buy up to my next zone, and potentially...
Would like to short GU, do not foresee GU, going nay higher. However, if it breaks major structure, I will change my bias. Currently have two positions in on this trade. Taking a .25% risk on my account on this trade. Will see how Asia/open of London session goes. Especially with NFP week. If my area si not respected, I will buy up to my next zone, and potentially...