lwl99

lwl99

Fundamentally, Euro maintaining positive outlook with potential for very aggressive rate hikes by ECB. Technically, setup looked prime for a run with a big imbalance above to be filled along with a trend line liquidity. Below, price has taken out sell side liquidity. Looking for entry within this 2 order blocks on the 1H timeframe.

lwl99

Fundamentally, covered in previously post looking to buy up AUD pairs. JPY has been fundamentally weak and swings aggressively on risk-on/off sentiment. Technically, looking for an interesting area of Asian low induced wick to have a possible buy entry buying up to the previous swing high with trend line liquidity above that might bring price to full take profits (TP).

lwl99

Fundamentally, the RBA will be meeting on Tuesday and expectations are 25bps rate hikes from 0.35% to 0.6%. With some forecasting possible more aggressive hikes up to 40bps to 0.75%. Australia Q1 Wage Price Index shows that wages are also within expectations. Data from China might also hv suggested that worst are over in the short term. Expecting buy up of AUD...

lwl99

Fundamentally, USD starts to show signs of weakness along with the US 10 year yield, short term bullish on stocks as risk on assets. Technically, NAS100 has also started to break significant structure to the upside with a CHoCH on the 4H followed by a bullish BoS confirmation. Looking to start a swing buy position.

lwl99

Fundamentally, GBP continues to have a weak outlook. While pairs like JPY thrive as a safe haven currency and do well in risk-off sentiment environment. Technically, clean price action on GJ respecting supply zones and created nice bearish order flow. Take Profit target is a play on sweeping buildup trend line liquidity below. Looking to sell GBPJPY as above.

lwl99

Looking to sell AUDJPY at the orderblock, 2nd mitigation type entry short, waiting for possible London or New York session to wipe Asian High tapping into the orderblock before continuing to downside. Possible FULL take profits (TP) levels just above local lows, with partials along the way.

lwl99

This buy area is total gamble, possible area to buy some LUNA on the order block near fibonacci retracement level 0.786 just under trendline liquidity. This might have explosive potential based purely on retail traders FOMO, and if bitcoin has a nice rebound. High chance to lose everything on this buy so position accordingly. BE VERY CAREFUL.

lwl99

The 2H timeframe provided us with a clear picture of bearish order flow on gold after the change of character (CHoCH) back in mid April. Followed by multiple confirmations by bearish break of structures and mitigations on the orderblocks continuing to the downside. Possible continuation trades on highlighted blue areas, shorting gold until technicals or...

lwl99

EURGBP top down analysis for possible swing long from 2 areas. Fundamentally, EUR is starting to gain strength while the pound only recently had poor data alongside a dovish interest rate hike. Looking for these possible areas to start a swing long position.

lwl99

Following the BOE interest rate decisions on thursday, GBP plunged against many other strong pairs. I'm continuing to maintaining a negative outlook for GBP, with the dovish tone on the interest rate hike coupled with very poor growth outlook for the next year. Technically, looking to short GBP/CAD (fundamentally weak/fundamentally strong long term) from highlight...

lwl99

Following the risk-off sentiments in the markets, BTC has been selling-off, recently tapping into the 4H POI, potential reaction drawn on chart, however with slight bearish bias until sentiments changes.

lwl99

NAS100 has one of the cleanest order flow I have seen. Prices has been respecting and reacting off key areas moving to the downside on the 4H. With no major unexpected news from the fed and still expecting the dollar to continue to rise, I'm expecting the downward drift to continue until fundamentals changes. Technicals and fundamentals continues at play here.

lwl99

GBPJPY forming a nice bearish order flow on the 15 minutes, with Equal low and an imblance below that prices might go for.

lwl99

Maintaining the GBPUSD bearish bias fundamentally, looking for london or new york session to sweep asian high, tapping into the 30min new york session open supply order block before continuing to the downside.

lwl99

On the technicals side, the DXY has finally showed its first sign of a trend change on the 2H after about a week of bullish move, now awaiting a confirmation by a bearish break of structure (BoS).

lwl99

BTCUSD trading very cleanly forming an almost perfect looking bearish orderflow on the 2H.

lwl99

Currently looking to short EURUSD, have 2 possible areas to short from, the lower Point of Interest created during banks trading hours and higher POI created outside bank trading hours at 7pm GMT. However due to the 2 POI being so close to each other, banks might see opportunity to go into deeper level (top POI) to liquidate shorts below, before continuing move...

lwl99

For GBP, BOE Governor Bailey came out with some downbeat comments on the British economy, prompting traders to question how aggressively the central bank will raise interest rates throughout the rest of the year. That, combined with technical selling below the key 1.30 level led to a near 200-pip collapse in the pair on Friday. GBPUSD fell below 1.3000 to its...