TheRoon

TheRoon

Heads up for GJ sells There is a lot of left over liquidity that price will move to at some stage. With price breaking structure and the smooth ark of direction change, I think it is inevitable that GJ dives down. I will be targeting the liquidity lows Goodluck everyone and safe trading!

TheRoon

A clear bullish move is in set for USD/ZAR in order to fill that massive imbalance on the left side. Wanting to enter off strong demand zone where we can see price react off of and consolidate in the past. Watch out for the liquidity depicted by the arrow. Only enter if there is a slow move to entry otherwise price may want to first capture that...

TheRoon

After GBP/USD changed direction very violently, we can assume price will continue down to collect that lower liquidity. The idea is to enter off the demand zone seen here. If all fails, the next entry is 1.27752. Goodluck!

TheRoon

Looking to Sell AUD/CAD at the FVG. We can see a clear head & shoulders indicating a reversal, as well as ICT power of 3 and CHoCH/MSS. This chance in trend also indicates the continuation of the fall. The daily TF shows a clear downtrend, so will be looking for price to continue to follow this downtrend. Due to the recent news, the AUD is weaker so in due time...

TheRoon

CAD/CHF short to create a lower high. Wait for a nice rejection to enter Goodluck!

TheRoon

There is a strong short bias after price changed direction by breaking the prev low. I would like to see AUDUSD fill the FVG and then come down. Remember to go on lower timeframes when entering to see when is the right time to sell. Do not necessarily sell there, it's just an idea. Good luck for the week all!

TheRoon Updated 

With a QML pattern forming, I think GJ will drop. This will either be at the higher FVJ, which is also a Fib support, or right now. Make sure to check PA and candles before entering Good luck!

TheRoon

With a reversal pattern happening with Eu at the 1.036 support, it is sure to drop down. The bearish CHoCH confirms this. Further down price had a BOS (break of structure) which indicates that price will reach that area again during the fall. Price is sure to RISE again after reaches the Low of the BOS around 0.97355 or the bullish OB at the 1.0000 area. I...

TheRoon

With a CHoCH at the level of support around 1674.850 and a weak high it is a confirmed sell. I think that gold will reach the Low of the previous BOS with it then rising soon after. Good luck this week with trading!!

TheRoon

If price makes a LL and then retraces back to 0.71519, we will see a good bearish QM pattern. It will be a good selling opportunity so sell if you like at 0.71519 with SL at the last HH. Cheers to a good week of trading!

TheRoon

We see a nice QM pattern forming on the chart. This includes price divergence on the daily and a retest of the last support. I have great faith that this pair is ready to go long when retesting that support again. Wishing you all a great trading week!

TheRoon

Looking to short this pair. Overall, this week the pair is looking bearish. Now we see a rejection off of the zone and support line. There is also some nice price divergence. Hope you all have a great week of trading!

TheRoon

AUDJPY has been in a clear bearish trend for a while now. With that momentum in mind, we can see a nice double-top at the support on 82.466. We can also see a rejection off of the trendline and a nice bearish engulfing for price action. This trade should run 65 pips to the next support on 81.658. Good luck this week traders!

TheRoon

A very nice Head & Shoulder pattern has formed. To complete the 2nd shoulder, it would have to reject off of the support on 1.99959. It is doing so as well as rejecting off of the 200EMA. I hope this trade brings everyone lots of pips and cheers to the last day of trading this week!

TheRoon

After rejecting the support on 1.13430, it has become a strong bearish impulse. If we see a rejection off of 1.13278, there could be a continuation of the uptrend. If price manages to break the 1.13278 support, we can expect a retest before the continuation. Wishing you all lots of profit!

TheRoon

We see a rejection at support but then restests after rejecting off of consolidation zone. This will most likely go Bullish

TheRoon

GU pushed past 1.35539, which is a very strong support zone. It was then rejected at the last high so we can expect price to drop for a bit. There is a nice trendline coming into the support, so we can expect price to respect that trendline and support to make another leap to the upside. Cheers to a good week of trading!

TheRoon

Breakout of 50 fib level and 130.58 support is confirmation of a continuation of the uptrend. We can expect the pair to first drop around 25-30 pips before continuing to the overall target of 132.573. Also, Japan's equities were lower at the close on Thursday, as losses in the Rubber, Transportation Equipment, and Manufacturing sectors propelled shares lower,...