We have a sell bias on Gold but before we take a sell, we would like to see a push lower to test the pivots before extending higher to our OB where we shall be looking for sell on lower TF.
We are expecting to extend to grab liquidity forming towards the OB which we have in confluence with our pivot. This is when we shall be looking for a buy opportunity
We have this setup on EURGBP but we are not going to be in a rush to take a trade despite having our pivots and 200EMA in confluence with our supply. We anticipate price to extend to the upside to take out liquidity before lowering to the smaller TF for our entry. If that doesn't work, we would like to take our next sell at the supply above but our long term bias...
Although this is coming late- We took a sell trade in our premium channel earlier today when price approached our OB. There were other confluences in place before we made our trading decision . This set up is for educational purposes.
Price is approaching our point of interest where we shall be looking for buy opportunity. We would prefer to see how price react at the level on first approach then maybe liquidity grab on second approach before taking a buy. Nothing is confirmed yet.
EURCHF- It is still very early but currently I have a bullish bias on EURCHF. Price rallied down to our demand level and we have what could be stop hunt of that same level. If this level should hold, we could possibly see a buy to 1.0600 level. Note: Be careful and compare with you own analysis
Compare with your analysis before making any trade decision
We have a bullish bias on this but only an intraday set up. We suggest you compare with your analysis before making trade decision
We have a potential false breakout on the daily TF. From here, I am looking for a break back in and a retest to confirm my bullish move.
Price pushed away from demand level (OB), formed another supply zone. currently, price have retraced back to retest our OB and we have seen rejection. At the moment, price is consolidating, we hope to see break of structure before further push to the upside.
We have a buy bias on EURGBP with multiple confluences. An uptrend, break and retest of our level. Although we do not have candlesticks signals yet, this is just a setup to show our current bias on this pair. Check profile for access to our group and services
We have a sell bias on CADCHF but we are waiting for a pullback/retest and candlestick signal before going for our sell trade.
: Due to the fundamentals that came out earlier on CAD, there was a massive drop but despite the drop, price failed to break below the weekly support. We have now seen a break back into the consolidation box, We could see our upward continuation from here
We have multiple confluences on this pair, like downtrend, break and retest of support which later turned to resistance.
We have a sell bias on this pair. Daily Timeframe is looking very bearish with multiple rejections. We also have to put into consideration NFP coming up tomorrow.
Lowering down to smaller TF, We have a resistance level that has been holding for long, It is advisable to wait for a break of this level before going long
USDCAD- We have quite a few confluences on this pair and there are also 2 ways to approach this setup. Price is in a downtrend rejecting the trendline and also printed a double top formation. Upon formation of the double top, there was a big sell off giving us a bearish engulfing candle. Best entry would be to wait for a pull back, allowing the last daily candle...
...On the lower TF, there was a false breakout which could have been manipulations. Also, if we pay attention, despite the positive result on NFP, EURUSD failed to break lower which gave us an insight on how strong that level was. I will be looking for buy opportunities during the week Let us know in the comment section if you have questions.