TradingDay914

TradingDay914

Examining the weekly chart reveals a critical juncture for USDCAD, where we've encountered resistance and face potential rejection. The downtrend is becoming evident on the daily, 4-hour, and intraday time frames, signaling a significant shift. Adding weight to this analysis is the fundamental data, indicating that the CAD is currently at historical highs. This...

TradingDay914

1. We're Riding the Bull Wave: If you peep the charts, especially the weekly, it's pretty clear we're in bullish territory. That tail at '0'? That's just buyers flexing their muscles. 2. Imbalance? Yep, Seen That Before: After we had a lil' dip into the imbalance zone and some sideways action, the bulls came back swinging. They made their intentions clear with...

TradingDay914

Upon evaluating the AUDJPY daily chart, several key observations bolster the confidence in a potential trading strategy: Daily Chart Rejection : A prominent rejection is evident on the daily chart, signaling possible shifts in market sentiment. Highs Swep t: A closer examination reveals the highs have been swept. This, in trading terms, can often signify a...

TradingDay914

all markings are illustrated on chart please use your own judgement before trading based on my idea.

TradingDay914

there's some confluences written on chart due to time constraints I will be leaving the analysis up to you to look at and see wether you agree or not without a long description! SELL GBPAUD

TradingDay914

Weekly Timeframe Notes: Based on the weekly timeframe analysis, it is evident that there has been a clear rejection at the 2050 level for the third time. Interestingly, each spike is slightly lower, raising concerns about the weakening power of the bulls. By measuring the previous two legs from the prior rejections, we can observe that gold is likely to encounter...

TradingDay914

The analysis is thoroughly depicted on the chart provided, which should be interpreted from left to right. On the left side, you'll find data from the daily time frame, reflecting broader trends and movements. As you progress towards the right, the chart presents the 2-hour price action, offering a more granular view of recent fluctuations and short-term dynamics

TradingDay914

Analyzing the current daily trends, we can observe a pattern of consistently higher daily lows, indicating a structurally robust market. Additionally, after surpassing the '4-hour lower high' (indicated by the blue eclipse), a potential 'double bottom' pattern appears to be forming at the support level. However, it's crucial to also consider the other side of the...

TradingDay914

sell usdcad confluences on chart. make sure to have your own bias

TradingDay914

The recent sell-off in GBPAUD on Wednesday presents an interesting opportunity to consider. While it may be tempting to look for pull-backs to re-enter short positions, the Daily and 4-hour chart structures suggest we should focus on potential long opportunities instead. Despite the intraday higher lows being taken out, this could merely be a tactic to accumulate...

TradingDay914

For a better understanding of the chart analysis, read from left to right on each chart. While USDJPY appears to be on a downward trend, it experienced a bull run up to 137.00 before retracing back to the weekly level (marked by the blue area on the daily chart). On the 4-hour chart, there's a large inverse head and shoulders pattern, and the price breaks...

TradingDay914

analysis on chart read from left to right and follow markings for accurate understanding looking for longs during New York session (maybe late London) looking for target short term highs but its Friday so honestly shooting for at least 1-1.5R closing around 3:30 Eastern Time

TradingDay914

were looking for buys of usdcad here. follow the markings read chart from left to right and make your own conclusion based on the analysis.

TradingDay914

(when reading chart read from left to right to understand marking best. ) looking for buys off a previous New York/London session higher low as marked on 15m Chart to confirm overall daily basis that we are in Higher time frame "profit taking " period which may give us some upside run

TradingDay914

BUY GBPAUD. all confluences on chart ( last chart is the intraday 15m session high breakdown ) looking for entry off New York session low. during New York session with bullish candle-stick closure.

TradingDay914

follow the Analysis on the chart we should expected to see at a minimum the intraday idea labeled on the chart play out as of Friday the 2-4hr trade idea on the middle chart ( purple markings) should be maybe something to lookout for Monday Tuesday next week

TradingDay914

Buy eurusd with following parameters set. Day trade 15m TF.

TradingDay914

the technicals are on the chart look for rejections off of key levels.