PardoFX_Trading

Is EU telling us where it is going to be heading in the year coming? Looking at an On-Trend Continuation in the current area. 61 & 38 Confluence on the 1.15 Mantle, wicks out to the top, Previous Price Reversal Area, 3-4th Loose hit on the Downtrend line, 100EMA floating across the top. Very nice set-up, possibly for the first half of the year.

DXY Not Cut & Dry

Gold Double Demand Area - Price bouncing off 2 extremely long term area's of Demand on Horizontal & Diagonal Plain's, Very simple, look for a little more Bullish Price Action before positioning yourself for a potential long term hold.

All explained in the video :)

Expecting continued downwards momentum now the Weekly Trend has been broken. Wait for the pullback.

- Demand Zone - Fib Confluence - Channel Bottom Looking to buy this once more until it reaches the 61.8 of the Daily move, before a big drop.

EG been teasing this trend-line for a while now. Will this Fib confluence & trend-line retest of the Daily finally be enough to make it drop?

Been looking for the big short on EJ for a while now. Could this be the setup for a triple top short? Because that is definetly a break & flag I see forming before me.

One of my favourite pairs, the reason I wont be getting in is the Stoch Divergence in this flag that could indicate it moving up to Double-top. Even if it does appear to be a straightforward sell off the Daily.

EURCAD is ready to drop, being in a very strong supply zone and retesting a broken uptrend line against the very sharp downtrend line from he previous high. MA pressure could help to push it down further as it snaps back.

Uptrend is completely shot, curved top shows the real drops are now coming.

Trend-line will fail eventually. Market Symmetry helps with an entry and it shows a loss of trend momentum Price has already touched my golden zone I'll be looking for an entry when the markets open.

Picture speaks to itself, this strong shorting area produces great results.

UCHF has a consistently Weakening Trend. Looking to short the retest, may eventually turn into a double-top.

Understanding Supply & Demand Zones

Using the PRA as a reference I am looking at multiple indications to show that this time resistance will be Stronger than the previous times it failed against the PRA

Broken Trend-line in the last wave, low risk set-up for a potential 300+ pip move placing S/L above Wedge Wicks

Superb MACD Divergence & a low OBV make this a fantastic mid-term set-up