Mcebisi_Makhoba

Mcebisi_Makhoba

I have had my eye on the USDJPY pair and on a higher timeframe the currency pair is still bullish overall, the current sell as created a liquidity pool above of sell orders that the market will mostly take out. best thing to do is to wait for it to play out by breaking the trendline and showing some upside movement in price action.

Mcebisi_Makhoba

USDJPY has been looking very interesting , it was buying the entire year during 2022 and made a huge dip to the bottom around nov '22, i believe the shorts were temporal the market will continue with the overall buy bias. what are your thoughts?

Mcebisi_Makhoba

i see a trading opportunity on NZDUSD. a see a coming short despite makinga smaller refined supply the limit of the stop loss i am willing to place is marked by the dotted line.

Mcebisi_Makhoba

I see a trading opportunity on USDJPY, a short to the marked bellow area of demand and a long taking out the liquidity that lays above.

Mcebisi_Makhoba

the market bias for USDCAD has been bullish for a very long time, on the daily timeframe to the 4hr chart. price is telling a story showing it wants to continue pushing higher. so why not ride the tide?, I would gladly appreciate your opinions.

Mcebisi_Makhoba

On a higher timeframe AUDNZD had been bearish and I’ll say what all your mentors tell you. “The Trend Is Your Friend”, scaled down to a lower timeframe and used the Fibonacci Retracement tool to identify my Premium and Discount areas and found a very beautiful supply zone on a Premium zone. The validity zone is backed up by the fact it broke structure But it is...

Mcebisi_Makhoba

A promising sell supply zone on GBPJPY, GBPJPY has been showing Bearish momentum overall even on the daily chart and the 4hr chart. I believe it’s safe to say GBPJPY is bearish at the time being

Mcebisi_Makhoba

A short view on the outcome of the trade on EURJPY

Mcebisi_Makhoba

I see the market going down to the order block to to mitigate it and continue with the bullish momentum, if you have any opinions feel free too comment

Mcebisi_Makhoba

AUDNZD on the medium Timeframe has been showing signs of bearish movement, we might hit the Supply zone that aligns with our 79% -70.50% fib discount area. From my opinion I think price will retrace back into that block that hasn’t been mitigated and continue with the down movement. If you have any otherwise thoughts feel free to comment.

Mcebisi_Makhoba

When looking at this market it may go higher to create a new Break of Structure or A Change of Character and go short grabbing all liquidity on this market and mitigating our order block that hasn’t been mitigated