GPBUSD as shown a downward momentum. However we must always maintain a probabilistic mindset. Once it breaks the LIQUIDITY ZONE, wait for it to retest and sell. Once it breaks the current bullish 1 hr OB, wait for it to retest and buy.
Hello Dear Constant reader, Last Week the Cable touched the Lowest Low of the Year which was created in the last quarter. This is a very significant zone and we expect it to be retested before proceeding with our sell which is posied to continue for the better part of November. Follow for more updates on the cable.
As explained in our weekly view of the market we expect the price to go and retest the breaker block which was created last time while at the same filling the fair value gaps created along the way. Keep your eyes open and let patience be your best friend folks. Check out my weekly analysis review and follow for more CABLE UPDATES.
Last week the cable provided obvious moves to keep shorting starting with the HIGH OF THE WEEK at the Monthly Optimal Trade Entry. Our entry point for last week for a sell was 38200 which was heavily smashed and went up to 150 pips before breaking last week's lows and forming new lows. This week we expect those lows to be tested again in the BREAKER BLOCK ZONE and...
Hello Dear Constant Reader, Today after GBPUSD tested a very important area, the price failed to break the 4 HR ORDER BLOCK it fell as earlier predicted. From this point onwards price has a high probability of continuing the downward momentum Follow for more updates on this particular pair.
This magnificent pair has been trending downwards for the whole month and in the process created a new YEARLY LOW. This new YEARLY LOW coincides with an old but very important monthly ORDER BLOCK which is yet to be tested. Hence this coming week we can expect the BULLS to take over for some time as the area gets tested.
For the past 3 weeks, we have had a bullish momentum on this pair, but recently it has hit unpreviously tested ORDER BLOCK in the DAILY time frame. There is bound to be a consolidation before we proceed to the sell-side but from next week, look out for sells
FX:GBPUSD has been shorting for the last 2 weeks and the continuation is set to go on. Like and comment so we can share views and beat this market.
After breaking a strong supply area at 1.37565, Price proceeded to go long up to the next important supply area at 1.38648 and the bears seem to be taking over because according to the monthly has been on a downtrend for some time. This week will be interesting to see the behavior of the cable. It might also proceed to short directly without clearing liquidities at 1.3926.
Hello Dear constant viewer. Did you know that when summer ends the volatility returns at a very strong rate? We can utilize this little known facts to our advantage by looking for the best set ups. Last week the Cable failed to break the orderblock at 37800 and this created Equal Highs. It will be interesting to see it's next big price movement and new rates...
GBPCHF has been on an uptrend and this seems to be coming to and end especially when the liquidities will be cleared at the shown level so as to end the four-month consolidation.
Having reached the quarterly lows on EURUSD we are likely to see a massive reaction from next week where the bulls will be taking over to respect the weekly ORDER BLOCK sitting at 1.7370. Hence from Monday after there has been creation of the LOW OF THE WEEK we should take enter and swing that trade for a while guys.
As we have seen USDCHF in the monthly time frame USDCHF has finished retesting the monthly points 94180 and we have been on a sell for the last 5 months. Hence from next week, we should start looking for sells from the points of liquidity shown. Of course, price may reverse from any point from 0.92000, 0.92200, and 0.92500.
Eurnzd has been on an uptrend for the last four months and this month will not be any different. After it has retested the 4 hour Bullish Order Block and also the daily order block there are high probabilities it will resume it normal trend which we will be anticipating.
Last week we saw Gold rally almost 600 impressive pips which would recover any losses for anybody and this week we anticipate it is going to keep selling after feeling the FAIR VALUE GAP it created on Friday during the Non-Farm Pay Roll.
CADCHF is on a very important supply zone which has not been tested before and we expect a reaction from the Order Block before it continues upwards where it might break the daily order block or keep retesting it. That is why all eyes should be on CADCHF
Morning Folks, Last week we saw GBPUSD close at a very good resistance zone (1.3873) after consolidating all week. Hence this we would like to see it go and test last weeks HIGH at 1.3935 so that it may rally down towards the last months low which is almost 300 pips away.
EURNZD is in a very sweet spot right now of a daily order block and we should anticipate it buying before it forms the High of the Week around Tuesday where it will sell like a bomb. Keep Watching and follow me for more great updates