Trader_Landry

Trader_Landry Updated 

Bitcoin has failed to rebound at 26500 to create higher market structure... From this observation, if price breaks below the trendline that supports it, bitcoin price might be headed to the last pivot pivot point from which a new analysis will be necessary...

Trader_Landry

Hello traders, I would like to share with you this idea that I found on the LEVER token. We can see that price has rejected an important resistance today and with the strenghtning of the US Dollar, we could see a drop in price. The targets i monitor are drawn on the chart...

Trader_Landry Updated 

The british pound is under pressure this morning and on GBPJPY we have just broken a key level. This is a key element to take into consideration after we have failed multiple times to create new highs on this pair. If the downward movement continues my targets will be 182 and 181 Yens...

Trader_Landry Updated 

GBPAUD is on a downtrend on the 30min timeframe today... The british pound is under pression because of inflation issues and this pair seems to be a good one to short the pound. At the moment, price has formed a triangle after a downward extension and if broken to the downside, price will create further continuation.

Trader_Landry Updated 

EURUSD is on the higher timeframe still bearish as I suggested in my previous idea but ahead of the FED meeting, the market might try to price in the fact that the FED will probably will not hike again. In fact, there is a 92% chance according to economists that the rates will stay at 5.50%, this change of policy will still keep the dollar attractive to investors....

Trader_Landry Updated 

ETHUSDT is making a rebound on the support at 1620 and is about to create higher market structure. Before breaking the last high and continuing higher, my first targets are 1631 and 1647 and then higher... Taking partial proits is recommended.

Trader_Landry Updated 

On the higher timeframe, gold has been bearish for a while. With the perspective of the federal reserve keeping the rates among the highest between rich economies at 5.50%, the USD is seeing a very high interest towards it wich will make its value go higher. On the technical side, we can observe that price has made a pushback to $1950 and from this resistance has...

Trader_Landry Updated 

USDCAD is in an overall bullish trend because of the monetary policy measures taken by the federal reserve. However, price is at the top of a short term range that is also the top of the trend at the moment. A pullback to the last fib level would be a healthy move before continuing higher. For short term traders this could be a sell setup if taken with caution as...

Trader_Landry Updated 

EURAUD has been in a uptrend for most of the year 2023 mostly due to its correlation to the US dollar being strong and fundaments coming from Australia. During the past days, the pair has been hesitating but did not test any key level... Today, what we could observe is that a retest is potentially being made on the 1.6700 support before continuing higher to test...

Trader_Landry Updated 

The australian dollar has been weak for a while now and the perspective of the FED holding its rates high could give the US dollar what it needs to continue outperforming the Australian dollard. On the technical side, what we see at the moment is a retest of the key resistance at 0.6500 which could be the begining of the new bearish leg of the trend. My target is at 0.6403

Trader_Landry Updated 

GBPJPY has been bullish for a while on the higher timeframe with higher highs and higher lows. Price has found a support at around 183.50 and has formed a higher low at this key level confirming the bullish market structure. In addition to this, the GBP is the only one of the major pairs that still has a hike forecasted at the next monetary policy meeting of...

Trader_Landry Updated 

GOLD has been in a very strong uptrend from the bottom at 1887. We have just rejected a support and we are expecting a weak NFP report tommorow. Seeing the recent rejection and the expected forecast for nfp. Gold should make a logic continuation to the following targets ( pivot points ) : 1948/1963 and 1991 .

Trader_Landry

META has recently broken below a well-defined ascending channel, signaling a significant shift in price dynamics. The breakdown indicates a weakening of the previously established bullish trend and the potential emergence of a bearish phase. In addition, the completion of a head and shoulders pattern occurs when the price breaks below the neckline. In this case,...

Trader_Landry

GBPAUD has been on a bullish trend on the daily timeframe. We can observe on the 4h time that price seems to have encountered a strong support at around 1.9600 and has probably formed a higher low at this particuar level. My target is at the top of the trend which is the last hgher high... After that level is broken, we could even see further upside.

Trader_Landry

CADJPY has found a bottom at 167.60 at the bottom of the triangle formed previously creating a higher lower at support. Knowing that the overall trend is still bullish and that the fundamentals of the JPY is still negative, i am expecting a push to the upside...

Trader_Landry Updated 

EURNZD has been creating higher highs and higher lows on the hourly timeframe. With fundamentals on the NZD not being positive and the dollar pushing up, EURNZD tends to reject the trendline everytime it tries to go lower... With this in mind, I am betting on the push to the upside on this currency pair.

Trader_Landry

AUDJPY made a pushback during the asian session towards the 93.70 resistance but the fundamentals for the australian dollar remain negative at the moment. This resistance is also the top of the channel created during this pushback and a break below the lower side of the channel could accelerate the bearish movement.

Trader_Landry Updated 

USDCAD after being in a selloff this morning has recently support at around 1.3500. Price has made some attemps to break to the downside but consistently failed and creating wicksoff which is a sign that buyers are still in control. For ther setup to be valid, a break of the trendline would be necessary to create higher market structure...