In this video i share some insights into my thought process as to how i took the trade and the confluences i had my eyes on and how i managed the trade
After seeing how last week closed, the market can continue in the initial direction but seeing the 1hr already breaking support could indicate a downward push for monday.
From the gap in the market coming into a new week we could see the market make a push to the down side, but right now i'm currently sitting on the fence as to how the market can trade for the early parts of this week i.e monday .
From last week we saw the market make a bullish engulfing on the weekly which signals a lot of buying momentum in the market and the lower timeframe showing HH and HL is more confirmation that we could see a push higher
In this video we can see that the previous trading week closed really bullish showing a lot of buying momentum but the bigger trend on the weekly is still bearish.
After seeing a bearish push last week on this pair, we could expect price to continue that momentum and seeing the 4hr structure making LL and LH as confirmation.
in this video we see that the previous week was a really bearish week for the pair and we could expect that momentum to continue for the earliest part of the week and also the 4hr structure points showing us more confluences
Seeing that this pair has not made any significant move for the week, but the weekly candle is showing that sellers are pushing price to the downside we could still expect a slel off but after a break if the accumulation phase
In this video i go over the trade i took for the week and what to expect for the coming week after seeing the 1.3000 area of support reject price we could still se a continuation of the selling move inline with the 4hr structure
From the previous week that confirmed selling momentum we could expect this week to also be bearish, esp after seeing the weekly candle trade below a weekly structural area of support and the 4hr ,making steady bearish structure points to the downside
In this video i go over why I'm looking for longs on this pair after the closure that was bullish on the weekly timeframe and the structure on the 4hr timframe that signals buying strength
In the video we look into a few confluences as to why we could see a bullish move on GU. From the previous week closing really bullish and the 4hr structure making HH and HL indicating more bullish move.
In this video, i share a quick look into what to expect for the coming week on EJ. Seeing confluences like the previous weekly candles momentum, ad the current 4hr structure all pointing to the upside.
In this video i go over a quick trade executed on EURJPY and i also listed out the confluences and thought process that led to the winning position. after seeing the 4hr structure retrace back into the Fibonacci and support area
After seeing GU close back below 1.32500 after tje FOMC new release, we could expect a further push to the downside as the pair also traded below a trendline are of resistance but in the mean time buyers are still in control of the market and the best thing to do now is wait...
In this video i share a quick recap on the trade i took from the previous analysis (link in description), after seeing the daily candle close bullish above the high if the last bearish day which confirmed a break of structure on the 4hr timeframe and i went long at the pullback to 157.500 and 38.2 fib area (confluence)
In this video, i share the thought process that led to an 80pip winning trade on GU after the previous analysis. i also shared what to look out for on GU for the coming sessions
After seeing GU reject a daily trendline area of resistance for a retracement, we could see price continue to the upside after reaching into the Fibonacci 61.8%