As for now still, for me DXY looks bearish - looking at price action. Price is still in the downtrend and I expect it to drop. That will of course depend on the Fundamentals in the upcoming week, but I trade what I see so until the high is broken, DXY seem to be losing it's value. That is important to know as I am for example still bullish on EU.
As you know at the moment my bias on DXY are still bearish so I would like to see pairs against the USD gaint the strength. NZDUSD came very deep into the buy zone of the lowest range possible so I will be looking for buys on this pair as well. It all depends on DXY and smaller time frame structure development.
As I said last week my Bias on EU remains the same. I am currently in a position and longs are valid for me. On 15 min time frame price made the flip in a structure after taking out the low and somewhere in that area was my entry. Longs are valid until the invalidation point is broken. But first task for the price is to break 15 min high and continue higher.
There is some glitch and previous 2 posts shall be deleted as soon as possible. Okay, onto the EJ - As price finally dropped down to the daily buy zone, while breaking the structures with a big drop and creating it's own ITR, I am bearish on EJ but before that I am looking for buys prior to sells. That would make sense, knowing that liquidity can come into the...
Hello guys let me go over why buys were valid on EURCHF and what is my task for a price to complete. As you can see price is clearly in a downtrend. Knowing that strong move needs a recovery and then to continue to the direction of the trend, buy to sell setup made sense to me. As you can see price came all the way down, broke an important structure and created...
As you can see I am looking for sells on GC. Knowing the price is trading high in the market and with the first signs of structure shift even on 4H, it would be nice for a price to drop. I marked some targets, let's see what will happen and if we can see sellers getting into the market. One of my favourite setups for this week.
GJ looks like it mitigated the buy zone on a Daily time frame, after a strong drop in price. Now we know that naturally price makes Impulse and then correction or as I call it Sprint and Recovery if the price action is healthy. I will look for buys on GJ as I would like to see price make a correction all the way up.
Hello guys, welcome to another analysis, this time AUDCHF. As you can see if you look on the chart, price took out the daily low and seeing that makes me question one thing: Is this objective completed for the price? Very likely it can be. On the 15min we already got the flip in structure, so I would like to see buyers come into the market and push the price...
Hello traders, in this video I am shortly going through the charts and analysis from the start of the week. I am explaining about few positions I got in, some market movements and just taking you over the charts. Thanks for watching! T