XAUUSD had a massive impulse move up due to news Friday. Now price is sitting at a daily resistance level, we will be watching to see if price spike above to grab liquidity and SL's or just rejects from here on a smaller timeframe
We are waiting for NU to retrace a little to broken support are to make a lower high and continue down to break the lowest low this week. It is FOMC so on all USD pairs we will have to stay patient and not rush into trades until the setup and confirmations are clear.
AUDUSD Broke major support after news hit Friday. Price hasn't come all the way back to retest break out yet but doesn't have to if we have enough volume to keep pushing it down. We will look for a retracement to the 61.8 Fib level and bearish confirmation before we go short
EURUSD drained also after News Friday. We will wait for the retracement to retest break out and channel before going short
GBPCAd on major down trend, Price broke and fell 150 pips and now retraced to the 50% on fib and retesting the trendline again with clear rejection to the downside again.
GU waiting for a full retest of structure and second tap into the resistance zone so we can take price down to a support level @ 1.29160
NZDJPY has major divergence on HTF with a clear rejection of a resistance level and over priced market. Waiting for price to break small structure of support that has been made on the 30 min.
USDJPY sell to major support level of 115.800. Price rallied higher with FOMC on Wednesday and now it is way over valued and needs correction. RSI is also showing bearish divergence.
NZDCAD broke above structure/resistance and is about to retest this key level. Waiting for a full retest with bullish indication to go long
EURUSD in major down trend. Waiting for price to come back to broken support before we get into sell back to the support of 1.08000
NZDJPY is forming a nice Head and shoulder pattern on the daily. It is also testing resistance on the 4he with bearish divergence on the RSI. Price has rallied to this structure point and has given us clear rejection to go short
GBPCHF is in down trend. Price broke a horizontal support on the 4hr and made a corrective leg and has retested it numerous times without breaking through. After this rejection and 1hr candle close we entered a sell
NZDUSD waiting for price to come into broken support and retest as resistance. Once we get clear confirmation of sell we will be looking for entry. 0.67400 is also the 61.8 fib level.
AUDNZD is forming the perfect Ascending Triangle. We need to stay patient and let it play out. Once price breaks resistance, we will be looking for an entry to go long
EURUSD made a DT on the 4hr and daily and rejected perfectly. Waiting for retest of 1he structure and fib level
EURCHF made a true double top and gave us a beautiful rejection. We are waiting for the retest of the 1hr structure that the 4hr double top formed. Once it retest this level we will get into shorts. Its also the 78.6 fib level of the 1hr
GU retested a resistance level last week and rejected heavily. Now Im waiting for a small pull back at beginning of week to the 1.35700 area to take price down to 1.31250
EU want to see price spike into 1.15000 to take out some imbalance with clear rejection and bullish pressure we will sell into support of 1.12350