Looking for shorts on GU when it is possible. I want to see the area below be broken before I enter, as the whole market is probably short right now. But, GBP headlines is still very bearish and I would like to see it continue much further.
Last week we had no sudden movements like we have seen in the past, market is clearly in accumulation phase and a big move...
Expecting GJ to continue down next week. Brexit BS to continue and dollar strength could continue as well.. GBP had signs of strengths this week. But, in my opinion it was just normal behaviour with whipping back scaring and crushing new sellers out.
We will see!
Expecting GOLD to drop next week. GOLD didn't make many moves this week at all. GOLD never normally goes 5 days with such weak moves. What does this mean?
Accumulation to collect orders at such a high price. We saw gold fall a bit Friday and recovered very quick. But, still down for the day. I would like to see some profit taking from the banks with it being...
Very bullish on UJ for next week. Looking for dollar to take control which will help. I have annotated my levels which I will be looking for buys. Purely looking for fake outs to the downside. Buy zones are ares, not exact price points.
GBP is a nightmare at the moment. Since all the GBP chaos has emerged on to the headlines. We have seen GBP in a bearish state. But, before that we said GBP gaining a lot of strength. Official Brexit deal is still not completely been released yet.
We saw a huge spike between all GBP pairs last week, looking for liquidity as seen above. I still think there could...
Potential longs on EUR from areas shown below. EUR was bullish throughout last week and we could potentially see a break back above the 1.15 level this week. I am hoping we get a pull back and we can enter
Looking for GBPUSD to retrace a little bit longer. It was well over due after a 250 pip daily close, last time GBPUSD even got close to that was back in January. Either a serious momentum shift or a planned stop run on all long term short sellers of cable. You never know unless we see continuation. I have noted key areas of value on Gu and will be looking for buys...
GBPUSD potential LONG.
BREXIT summit next week (Wed-Thurs) Potential fake out out of TL into protective support on previous highs. It is not valid unless we see buying in this area, if we dont see buying in this area. its invalid. Purely an idea. We will see!
Depending on how long the DXY re trace continues, USDCAD is setting up for a lovely buy.
3 confluences, potential 4
61.8 1h Tf
Re test on broken structure
Liquidation suck below lows
4h is still very bullish and Im confident this will play out. Hopefully these levels hold up well, we also have retail sales next week for CAD, be interesting to get...
Ill be honest. The last thing I am doing is selling the lows of GBPUSD.
I am not disregarding the fact it could sell off at the lows. But, I would rather see the price break the lows and trap some traders below.
I am expecting a Bearish continuation Monday ish, then hoping to see a trap, then I will buy. DEPENDING ON PA
Things to consider, GBP is very...
I am waiting to see how the initial reaction is the second rates are released.
I am expecting the market to suck some sell stops at the bottom then power through.
Readings on the release is hawkish and structure is bullish on EU and EJ. So, we will see!
Wait and see how price reacts and get ready too buy!
Similar situation too GU. Both at key levels with Multiple fib levels and strong protection levels (support) I was expecting a pull back today and with it being Monday I don't like to trade Monday anyway. Unless I see something really nice. IF we hold these levels here we are looking at the activation for EURUSD to continue with bullish Momentum. If we don't hold...
GBPUSD has took a small hit today and I'm projecting the bullish momentum to continue now, with 2 strong daily closes above the 1.3 level, I am seeing clean protection of this level and DXY had a good chance of making new highs on Thursday and failed again, forming a triple bottom.
Fundamentally Brexit headlines are emerging each and every day and it looks like...