UnknownUnicorn38348225

UnknownUnicorn38348225

The EU shifted bullish last week as seen on the 4H MSS, it swept the Sellside Liquidity on Tuesday London sessions, and now it's looking to sweep the Buyside Liquidity resides at the 1.10475 level and into the Weekly FVG/SIBI.

UnknownUnicorn38348225

The price overall bias is bearish. We are targeting Fri 06 Jan lows at the 1.04820 level. The buy-side liquidity that resides at all-time high was swept on Monday yesterday, going short after the price pulled back to the Hourly FVG is the ideal for securing a good number of pips

UnknownUnicorn38348225

The overall market structure shifted bearish and bullish divergence is seen on the hourly chart hence the start of a pullback. Going short after the retest of the 1.0700 level since it's a potential Support turned Resistance might be great when used with other confluences like candle stick patterns.

UnknownUnicorn38348225

The price just broke the Daily Trendline to the upside turning the market bullish. Now, we have two scenarios; Firstly, the price might find resistance at the 132.55 level and come back to retest the 130.30 level to collect all the liquidity needed. Secondly, the price might just break the 132.55 resistance level and retest it turning it into the support level.

UnknownUnicorn38348225

The weekly pin bar left a big wick to the upside, causing the shift in the market structure after US news all came out better than expected last week. The recent change of character seen on the Daily and 4H charts is the confirmation to go short on EU pair

UnknownUnicorn38348225

The price is making higher highs while the RSI is making lower lows. The recent major area of resistance seems to hold and the price might drop. Waiting for the trend change in the LTF like 1H/15m and entering after the retest would be great

UnknownUnicorn38348225

The Overall market is in an uptrend market, this might go on a bit longer due to the dollar weakness as seen in The DXY downtrend. The Hourly chart has aligned with the HTF trend, thus, the retest of the 0.6950 will be awesome to go long since it's the resistance turned into support and it's the 0.5% fib. level

UnknownUnicorn38348225

Last Week on Wednesday, the price tested the Daily Trendline and fall drastically but failed to break the lows. This week, the price might form DT at the 130.40 level or it should even go higher to the 131.50 level for more liquidity before it rallies to the downside

UnknownUnicorn38348225

EU has been ranging for about 3 days now in the 1.0870 - 1.0770 (the 100 pips range). For those trading the ranging market, you can buy at the support zone and sell at the resistance zone. The ideal setup is to wait for the price to breakout to either side and enter short/long on the retest.

UnknownUnicorn38348225

The long-awaited is finally here. Shorting UJ at 131.50 is ideal and has a nice risk-to-reward ratio. This level has Daily Trend Line, Support and Resistance, and the hourly Double Top formation confluence. The Dollar News later in the might cause price not to hit both TPs

UnknownUnicorn38348225

Due to the Dollar weakness seen in the DXY index, EU is negatively correlated, hence, the uptrend is ideal for the pair. A retracement to the 30% Fib will be a nice opportunity to enter long, but the pair might retrace deeper to the 50%/60% fib level.

UnknownUnicorn38348225

UJ is dropping to retest the Daily (May) low. The last week's impulsive move is now in the corrective phase. Going short after the price pullback to the 0.382%/0.5% fib. levels around 129.55 - 130.40 is a great idea

UnknownUnicorn38348225

The price touches and found rejection on the daily trend line. The double-top chart pattern is about to form on the 4H chart, going short after DT formation might be great.

UnknownUnicorn38348225

Due to the Dollar weakness, AUD gained a bullish momentum as shown on the 4H chart by the Price creating Higher Highs and Higher Lows. The break and retest of the 0.6870 HH is a great opportunity to enter long, this area has more confluence as it is where the price would probably bounce because of the 4H TL. Also, it is a major area of support and resistance that...

UnknownUnicorn38348225

The Price is at the weekly Major Resistance Zones, if this level holds then the weekly pullback has ended and we might witness a continuation to the downside. But there's a shift of structure on the Daily chart and the bulls might be eagerly waiting to re-enter on the retest of the 1.0800 - 1.0750 level and push the market further up to the 1.0950 level.

UnknownUnicorn38348225

The price is making Higher High while RSI is making Lower Low. This might be the end of a pullback, thus, going short is ideal for EJ set-up

UnknownUnicorn38348225

The weekly, daily, 4-hour, and hourly charts are overall bearish. Waiting for the 4-hour price to retrace back to around the 89.60 level and enter a short position after the formation of a shooting star/ bearish engulfing candle stick will give you the best RR.

UnknownUnicorn38348225

Happy new year y'all. EU monthly chart is at a Major area of support and this zone might turn to resistance. As we saw the price is ranging on the 4 Hourly chart, it's great to always wait for the breakout and take a bias to either side. With that being said, may this year be filled with blessings and prosperity