Looking to short GU on retest of 1.34000 4H timeframe confluences: - Bearish market structure, due to the LLs and LHs being created. Therefore, only looking to short pair - Last week GU broke through the ascending trendline as well as the key support level of 1.34000 Additional Confluences: DXY = Bullish EURGBP = Looking for pullback to the upside General...
Looking to buy gold once market has broken above the 1795.00 key level Daily timeframe confluences: - Ascending trendline + bullish market structure due to the HHs and HLs being formed. - Yesterday's daily closure = perfect rejection of the 78.6% fib retracement level - 3rd bounce off the ascending trendline for a further push to the upside. Based on daily...
Possible swing trade on AU - Looking to long from 0.73250 Confluences: - Daily Bullish market structure, with HH and HL being created - Last week the market rejected the 71% fib retracement and closed above the 0.73250 key level
Looking to short GU from 1.36000 4H timeframe confluences: - Bearish market structure, as clear LL and LHs are being created. - Pullback to create a new LH around the 61.8% fib retracement level which falls in line with the support-turned-resistance zone at 1.36000 - 3rd tap of descending trendline TP: 1.34250
Looking to long Gold from 1788.00 4H timeframe confluence: - Market is showing bullish market structure due to the HH and HL being printed. Therefore, we are only looking to long this market - Currently sitting as a resistance-turned-support level -Multiple rejections off the 61.8% fib levels
Looking to short gold from 1795.00 4H Timeframe Confluences: - Pair has broken ascending market structure as well as ascending trendline with a strong bearish push last week. Moreover, the market has created a new lower low - After a strong push last week, we are currently seeing a pullback to the 1795.00 key level and the 61.8% fib retracement level to create a...
Looking to short EU if daily candle closes below 1.16000 Daily Timeframe Confluences: - Bearish market, as the market is making a series of LH and LL - If we get a closure below 1.16000, we could enter a short position on the retest of this level for a new LL to be created 4H timeframe confluences: - Intraday bullish momentum and ascending trendline has been...
Looking to short GBPJPY on retest of 157.500 4H Timeframe: - Intraday bullish trend has been broken as pair has closed below the ascending trendline and has just created a LL. - Looking to short GJ at 157.500 which coincides with 78.6 key fib retracement level. - TP: Possible pullback trade to monthly key level could be seen prior to a continuation to the upside.
Possible pull-back trade to daily 1.16750 key level before a continuation of daily bearish momentum 4H timeframe confluences - Bearish market structure + descending trendline = broken - EMAs crossed over to indicate possible reversal - Marked broke above resistance, which is currently acting a support.
Shift in momentum! - Looking for long AU from the retest of 0.74500. Daily Timeframe: - Descending trendline = broken - EMAs starting to cross over - 0.74500 resistance key level = broken 4H Timeframe: - Making a series of HH + HLs - Bullish Market structure - Looking for retest of prev. HH before a long opportunity
Overview: The bearish market structure has been broken by the strong bullish momentum seen over the past few days. The EMAs have crossed over on daily timeframe further indicating a trend reversal Set-up: The ideal set-up would be to wait for a new HL to be formed around the resistance-turned-support level of 130.500. This level has also not be retested as yet.
Looking to short GU on the retest of 1.36000 On the daily timeframe: -We can see that that 1.36000 has held support on many occasions - Last week GU broke through the support of 1.36000 indicating bearish momentum. On the 4H timeframe: - We can see that the pair is bearish, as it is making a series of LLs and LHs - The 1.36000 key level falls in-line with...
Missed short entry at 151.500, therefore looking to short GJ from 150.500 if this support is broken. Daily timeframe = bearish
Looking to short EU from 1.16750 On Daily timeframe: - Market structure =bearish - Broke through support, creating a new LL - waiting for retracement to the support-turned-resistance in order for pair to create a new LH. This will create a perfect entry opportunity
Looking to short EJ from 129.750. - There pair is bearish, as it is making LLs and LHs on the daily and 4H timeframe. - Looking for a retracement to create a new LH in order for us to take an entry.
Possible retest of 0.86000 before a continuation of bullish momentum.
Looking to short AUDUSD on the retest of 0.72250 Confluences: - higher timeframe daily momentum. Pair is making HL + LL on daily and 4H timeframe - Bearish momentum pushed through the support of 0.72250
CONFLUENCES: - 4H Timeframe break & retest of 150.550 - Daily Timeframe bearish momentum - EMAs crossing