GBP/JPY has been on an uptrend since 29 june so my bias for this pair and bullish. The trade requirements to enter long on this pair are simple. I would prefer this wick on 4h to be fulfilled and touch at least 61.8% golden ratio retracement and pick up orders on the liquidity zone before heading to the upside to form the new leg. Till then, #tradesafe
USD/JPY has formed two nice doji candles on daily TF, rejecting daily resistance and golden zone retracement 61.8% - 70.9%. On 4H TF we see a nice head & shoulder pattern formed in confluence with liquidity zone, a small double top and the trendline. Keeping an eye on this pair to look for potentiall sells upon trendline break. First target will be the next...
After almost 5 weeks in a ranging market, GBP/AUD looks like found its direction.On 31 August a new Lower Low was created and market pulled back on 61.8 fib retracement and liquidity zone and daily resistance. Looking to find short entries on this pair and ride it up to -0.27% extention. #tradesafe
Gold looks still very weak to break 1912 key level, it has to find the right liquidity needed to break thru that level. Mulitiple wicks on 1912. Trendline has been touched one more time and probablly will hold. On daily TF, not a single body candle has engulfed previous wicks. Personally expecting gold to push up through at least two previous Lower Highs and...
Gold looking like we are heading on a short term bull run until 2010. Waiting for a retracement to the 1950 zone before looking for potentiall upside moves. Was favouring a drop on gold to the 1815 zone before looking for higher highs but 1912 level hold pretty well and we are looking for a pullback. Check my technicals on GOLd and leave a feedback. My target will...
Pure technical analysis are saying just one thing: Bitcoin ready to explode. Countertrendline broken and retested with multiple wicks and a new trendline is formed. Two Fibonacci retracements confirmations and moving averages crossed. Waiting for a manipulation wick to the 10,000 region before we start rocketing up. Cryptos are still young in the market and have...
After catching +300 pips on this pair last week, cable hit our target and looks like it is starting to retrace . I am still bullish on this pair and actually i am waiting for a retracement down to 1.28 weekly key level & liquid zone & fibonacci & trendline . Multiple confluences on this area giving us a strong reason to believe that if this pair taps the...
Keeping a close eye on this pair, looking for a retracement to the liquid zone wich accords with fibonacci's golden ratio 61.8 and trendline. Higher time frames are showing strong bullish signs too. Always look at PA to find entries. #tradesafe #theforexdaddy #tfd
GBP/USD is on a strong uptrend confirmed that by a strong bullish weekly closure. Waiting for a break of 1.28 weekly key level and keeping an eye on price action to find entries. The perfect setup would be a tap on the liquidity are wich I have notet. First target is 1.31 and then maybe we can get a pushup to the next weekly level 1.35. #tradesafe #theforexdaddy #tfd
It is casual for usd/cad to retrance, but I think now its time to break the range and move in one direction. I have strong bearish bias on this pair. I am waiting for a break of the range at 1.35 and a retest to confirm a down move to 1.34 and then probablly 1.332. Moving averages crossed on 4h and daily and we are trading below them. #tradesafe #theforexdaddy #tfd
THis pair is actually standing on a liquidity zone and a 4h support level. waiting to see some Price Action on this area, probably on lower timeframes to find potentiall entries and jump on board to 107.350 target. What are your bias on this pair guys? Comment below! #tradesafe #theforexdaddy #tfd
Some GBP/USD technicals, let's see how this one plays out. #tradesafe #theforexdaddy #tfd
Weekly EXTREMELY BEARISH WITH HUGE WICKS ON THE UPSIDE Daily looks like 1.145 zone respected and bullish power vanished, next target zone is 1.09750 & we are traging below moving averages 4hour MA xrossed, waiting for a nice breakout of the trendline and the consolidation box to confirm our entry #tradesafe #theforexdaddy #tfd
Weekly---> downtrending, below 8 EMA, Moving averages down crossed Daily ---> downtrend, Fibonacci 61.8 respected, trending below 8 EMA, Moving averages down crossed, break of structure waiting for retest, multiple wick rejects on the high lighted zone, targeting -0.27 extention 4Hour & 1Hour ---> Monitoring price action closely to find entries #tradesafe...
*-WEEKLY & DAILY PRICE OVERACCELERATED , PULLBACK NEEDED *-WE ACTUALLY MIGHT SEE ANOTHER BULLISH MOVE UP TO 1.145 KEY LEVEL BEFORE SEEING SOME BEARISH MOMENTUM *-AS A TRIGGER FOR THIS TRADE WILL BE THE BREAK OF THE ASCENDING TRENDLINE AND THE WEEKLY LEVEL 1.2150 *-A RETEST IS ALWAYS PREFERED *-ALSO A MOVING AVERAGE CROSSOVER (BLUE DOWN, RED UP) WILL...
WEEKLY DESCENDING TRENDLINE BROKEN DAILY NICE DOJI CANDLE FORMED ON THE 124 MONTHLY KEY LEVEL 4H/1H PRICE CONSOLIDATING WAITING FOR A SHORT OPPORTUNITY ON THIS PAIR UPON BREAKOUT TARGETIN ONCE OR TWICE THE BOX SIZE STOP LOSS ABOVE RESISTANCE LEVEL & BOX CEILING #tradesafe #theforexdaddy #tfd
4H chart, price stuck on a descending triangle, waiting for a potential downside break and reetest to confirm a move down to 1.344 to fill the gap too. #tradesafe
75.5 ZONE HELD DESCENDING TRENDLINE BROKEN MOVING AVERAGES CROSSED WAITING FOR A RETEST OF THE BROKEN TRENDLINE ACCORING WITH FIB RETRACEMENT LEVELS WATCHING CLOSELY FOR PRICE ACTION #tradesafe #theforexdaddy