Looking to long AU on retest of 0.71450 Waiting for daily closure. If daily candle remains bullish and above the 0.71450 level then a long entry on the retest is valid. Price has broken the descending trendline and created a higher low at the 0.70500 level indicating the start of bullish momentum.
Looking to short AU from 0.71000 8H Timeframe Confluences: - Bearish market structure, only looking to enter short positions. - Currently sitting at a support-turned resistance. - Resistance coincides with fib reversal levels - If price action indicates a short position, this will be the third bounce off of the descending trendline. Waiting for price action to...
AU short from 0.71350 Confluences: - Bearish market structure as it is creating LLs and LHs, only looking to short the market. - No rejection at previous LL, therefore extended further. Still looking for short trade opportunities as the LH was not broken, therefore, still a bearish market structure - Rejection seen at the 78.6% fib as reversal candlesticks are...
Looking to short GU from 1.35000 8H Timeframe Confluences: - Bearish market structure, only looking to short the market - Timeframe is making LLs and LHs - Possible 3rd bounce on the trendline coincides with weekly key level, further supporting a possible short Waiting for price action to indicate that a short trade is in play. If price action indicates...
Looking for pullbacks before continuation of bullish momentum. After this weeks fundamentals (FOMC) - DXY is over extended, so I would like some pullback. If we could get a pullback, it means that we could have some pullbacks on: GBPUSD, AUDUSD & EURUSD, before a continuation to the downside.
Selling AU from 0.71455 Daily Timeframe confluences: - Break of bullish market structure, therefore looking for short opportunities only. - Overall daily structure = bearish, due to recent LL created. 4H Timeframe confluences: - EMA crossover indicating bearish momentum - Break of ascending trendline with a perfect retest before downside seen. - Break of ...
Looking to short EJ from 128.800 - This support level has been holding for the past two days, therefore will need DAILY CLOSURE below this level to validate this trade Daily confluences: - Break of bullish market structure - Market created a LL and recently created a LH as well as retested the ascending trendline. - Previous short trade = achieved (TP Hit at the...
Looking to short EJ if there is a daily closure below 130.200. Daily confluences: - Break of bullish market structure - Market created a LL and recently created a LH as well as retested the ascending trendline. 4H Timeframe view: - If we get a daily closure below the 130.200 level, then we can look for a retest entry to go short.
Looking to short EU from 1.15000 Daily Timeframe confluences: - Bearish market structure with LH and LLs being printed. - The region of 1.15000 was previously broken, but no retest was seen. - Fib retracement levels fall inline with the support-turned-resistance - Looking for a pullback to this region, a retest and then a continuation of bearish momentum Trade =...
Looking to short GJ from 150.600 4H Timeframe Confluences: - Bearish Market structure as LLs and LHs are being created - Push above the 150.600 may have been a false breakout as the current 4H candle closed below the key level of 150.600 1H Timeframe Confluences: - Intraday bullish momentum = broken, as the market has broken the structure and the ascending...
Looking to Short AU on retest of support-turned-resistance level of 0.70500 4H Timeframe Confluences: - Bearish market structure, as LLs and LHs are being printed - Last week AU closed with a strong bearish push, looking for a spike into our sell zone then a continuation to the downside
Looking to short EJ after break and retest of 127.600 4H Timeframe confluences: - Bearish market structure, as LLs and LHs are being printed - 127.600 is a strong support, if the market clears this level we could see a continuation of the downside momentum.
Looking to scale in on additional short positions. A possible short entry is 156.000 4H timeframe confluences: - Bearish momentum - Broke through support of 156.000 - Looking to short GJ on the retest of 156.000 TP: 152.500
Looking to short AU from 0.74500 4H timeframe confluences: - Intraday bullish momentum = ended, due to the break of ascending trendline - Moreover, market just printed a LL - There could be a push higher to 0.75000 region before the sell off, therefore will watch price action when market reaches the 0.74500 selling zone for short confirmation
Looking to short EJ from 131.500 4H confluences: - Bearish market structure
Looking to short GJ from 154.750 4H Timeframe confluences: - Bearish market structure (LL and LH being created) - 154.750 = a support which was broken and not retested, therefore a short entry on retest is favourable
Looking to short GU from 1.35000 4H timeframe confluences: -Pair is making a series of LH and LLs indicting a bearish market structure - Due to bearish market structure, I will be favouring shorts until there is a momentum shift. - The 1.35000 key level coincides with the 78.6-61.8% fib retracement range providing further confluence for downside shift. If...
Looking to short EG from 0.84750 4H timeframe confluences: *Intra-day bullish momentum has been broken with a strong push to the downside. *0.84750 key level has been broken; however, the market has not yet retested this level for further downside. *As there has been a shift in momentum, I am favouring short positions only. *A pullback to 0.84750 to enter a short...