I sent out a CJ set up yesterday stating CJ being bearish and how I was personally looking for shorts even though longs were possible. With CJ failing to stay within the range for potential shorts I've decided to go long once price broke above the recent high with a retest leaving a solid bullish engulfing candle. Looking for a 1:3rr on this set up. The weekly is...
My last set up for now is going to be CJ. Price was bullish before respecting the resistance level above and flipping structures. Price at the moment is overall bearish so my priority on this pair is to go short once price breaks below. I'll personally be looking for a 1:3rr on this pair. Longs could also happen but I'm chasing shorts on the pair.
AU has been extremely bearish with price making a new LL last week. The set up here is pretty self explanatory. Once and if price can push above the resistance level I have marked up then we could expect price to push to the upside and potentially tap into 63000. Price is bearish but with structures being created around the LL I do wanna use it and build up a set...
Another bearish pair is gonna be GU. I'm personally gonna be looking for price to change direction once we get to a level that has to be retested before looking to short the pair. The change of character is gonna play a huge role here. I'll only be interested in longs if price decides to maintain bullish structures above 1.25055
EU has been extremely bearish. Price ended last week solid bearish structures to build a set up off of. We can either expect price to respect the retest with smaller time frames to support the short set up or expect price to tap back into the last lower higher before heading back to the downside. As long as price respects and maintains below the last lower higher...
UJ is another pair that is extremely bullish at the moment. We do have some important levels above that price has reacted to multiple times so with that being said we could either expect price to break above to continue the bullish run or respect the resistance level WITH bearish structures to support possible shorts here to continue the range it's currently in.
EJ is still overall bullish even with price tapping into a resistance level. Bullish structures are still solid here on all time frames. I'm personally looking for smaller times to flip and remain bullish first before looking to enter any longs on this pair. I'll be looking for a 1:3rr if all goes well!
My first trade of the year managed to hit targets for a 1:3rr! With price still being overall bullish my priority on the pair will be to go long. Higher time frame has price ranging between two solid levels which explains the resistance level above (blue box). If price can respect the HL and maintain bullish structures I'll personally enter longs after the break...
Gonna start this year with a solid NU set up. NU has been overall bearish but price managed to make a new low while creating solid structures to guide price. I do believe price can push to the upside to fill in that bearish gap. If price can break bearish structures and push to the upside than we could expect price to start bullish structures and head to the level...
With EJ flipping structures after respecting a major support level below I've decided to take some longs. I'm personally looking for a 1:3rr on this set up. I've decided to do half risk with the holidays approaching and the new year being around the corner. We'll see how the set up plays out with bullish structures being in play.
I personally decided to execute some longs on EA. Price ended up respecting the support last where we had a clean bullish flip. This week EA is still bullish with price respecting a higher time frame HL making longs here still valid. Entry was on a 15 minute flip at the HL. Looking for a 1:3rr on this set up. If all goes well we can expect a new high to be made...
With EU still being bearish I've decided to get into some shorts for a possible 1:3rr. EU opened up with price still remaining underneath the last lower high. Price broke above the LH but then decided to come back down into the resistance level with a clean retest on all time frames to confirm a bearish continuation. Stops are just above structure. Longs won't...
I sent out EJ shorts yesteday! Price ended up playing out beautifully. I spoke about pricing coming back down into the daily support where price had flipped structures to the downside. Once price pulled back to confirm the flip that's when we had our clean push to the downside. Solid risk to reward as always. Longs could happen here if price decides to continue...
Yesterday I published a short set up for AC stating I wanted to see price break below a strong level of support with retest before looking to short the pair. I said If all goes well we could definitely expect price to tap back into 90400 or at least around that level. Price has been ranging between 91200 and 90400 so going short after a break of structure was my...
With EJ coming back down into a daily resistance I decided to short the pair after the retest. Longs ended up stopping me out in profit on the last trade I executed on EJ. With EJ bullish structures being over on both high and lower time frames we could expect price to tap back into 162.3. For now I'm personally targeting a 1:4rr to end my week. We'll see what happens.
EJ seems to be ranging between the daily high and new low. We had price respect the daily low and flip with bearish structures being over at support. I personally decided to take some longs with price breaking and retesting back above the daily resistance. If all goes well we could expect price to tap back into the previous high around 165. Looking for a 1:3rr on...
I personally just took some shorts on EJ to get the week started ! EJ was in a small range before retesting a level at 165 while still being bearish on the higher time frame. Price not only flipped bearish on the higher time frame but also crashed back below a daily level of resistance. Smaller time frames gave a clean flip at the daily level of resistance with...
With UJ coming back underneath a resistance level from a previous range I decided to short the pair for a 1:3rr. We had a clean bearish flip once price came above the resistance with price failing to continue bullish structures. USD had news at 8:30 but bearish structures still held. If all goes well we could expect price to tap back into the support range around...