EURUSD is bearish on HTF, it went down to a weekly/monthly demand area so there’s a high probability there will be a pull back from there, retrace off a supply area and then continue going down. Here is an idea of how I think it will play out.
This is my idea on AUDUSD for this week. I am looking for buys at 0.5 fib level but before taking any trade, I am looking at what price forms at a LTF. HTF candle closed with a bullish candle, I personally think it has the potentially to move up higher.
This is an idea USDCAD looks like it might reverse and go down, got some bearish candles on HTF. Need a proper confirmation like a breakout and retest.
This is my idea on USDJPY, not a signal or anything like that. USDJPY will most likely be in a downtrend for the week, I set my TP to the closest demand area just in case of a pull back and then look for a reentry elsewhere after that.
This is my idea on GBPUSD for this week. It has been consolidating upwards and there is a bit of a bullish orderflow going on, me personally I wouldn’t short where it is at become of the LTF demand areas below the price it is at. There is an imbalance above that needs filling so my prediction on this is that it’ll break that trendline and a reverse at that...
This is my idea on NZDUSD for today, this might reach to where I expect price to go during London session. Ain't a signal, I'm already taking this trade, I just wanna journal my trades on this and go back to this by the end of week. CAPITALCOM:NZDUSD
This is my idea on USDJPY for this week, may short it if I get proper confirmation. I would be careful at the 0.5 fib level because JPY can be very volatile and continue its trend at that area. This is just an idea and not a signal. CAPITALCOM:USDJPY
This is my idea on GBPUSD for today. It’ll most likely keeping down and fill the imbalance below. Price failed to break the daily high and on Daily TF, it is bearish. CAPITALCOM:GBPUSD
I’m putting my SL below 1.69575 and TP at 1.71000 Breakout at resistance, retest at demand area and the pair is bullish on HTF.
Potential buy set up at that 4 HR demand area. CAPITALCOM:GBPUSD
Waiting for price to go up to that supply area. CAPITALCOM:USDCHF
I’m going short on this, 2% more and I’m passing first stage of FTMO, hopefully a couple of more pips and I’ll be on the verification stage. Sharing this for anyone looking for a trade.
I am going to go short on this down to the 1W order block.
This is my setup for today Entry: 0.85990 SL: 0.86175 TP: 0.85300
Overall bearish, breakout at support, looking for sells at 4H/1D supply area. I am keeping an eye on how price reacts at those zones on LTF first and then I'll enter.
This is my setup for GBPAUD for this week. GBPAUD is bearish, I'm waiting to see how price reacts before entering at any of those drawn areas and looking to short it all the way down to1.87000 1.87000 is an untouched 1W order block and has an imbalance that needs filling. CAPITALCOM:GBPAUD
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I’m entering at the 30m supply area and shorting it down to the daily demand area. Risk free when I get a chance to before news.