EURNZD LONDON LONGvery late so no analysis tonight my friends, but use the price labels for references.
Please message me for further details or any help and have a blessed london session! :)
London
EURGBP Strong resistanceWill it Bounce from this major resistance region and Keep it bearish Trend continue?
GBPUSD Two meals!Nice Asian range.
Wait for break out to either of our killzones and then WAIT for M or W then feast!!!
GBPUSD Potential London BUYMoves towards the low of yesterday could potentially get into our killzone.
Wait for clear W and then BUY all the way back into the range (Take note of that 4h trendline) and above till NY M
GBPUSD Nice EU sellSpikes above the A. Range at start of EU gave us a nice SELL. Targets bottom of range and next possible reversal level (W for London/NY)
EURO CURRENCY INDEX (EXY) 4-HOUR TIMEFRAME SHORTThe Euro currency index has been moving in a series of lower highs and lower lows following the unsuccessful European Union parliamentary elections and also all the clouds surrounding Mrs. T. May. A break above the 112 price level will invalidate this idea.
Short-sellers can target the 110.5 area, which is the bottom of the descending channel, as a potential profit-taking level.
HAYD - Bouncing from bottomHistoric bottom reached recently, currently climbing a bit shy but steady. EMA indicators cross, signalling potential start of bullish trend.
Also worth mention that there were positive news for Haydale in the last couple of weeks. They did sign an important deal with National Grid.
I think this a good entry for long position.
GBPUSD Break and retest?Looks like price is at a very crucial level to go long with pretty good SL.
Good luck
EURUSD Short OP for LondonWatch for M either here at Previous day high. Preferred setup is further up at last weeks high (so a Stop hunt up of yesterday's high).
Wait for kill zone or clear M to sell.
GBPUSD Short Setup LondonAsian Range broken, wait for M at kill zone then SELL down to range and below the range.
EURCAD Add to positionSee related idea below for the forecast sent out. Shorts anticipated; if price breaches below 1.4900 with bearish PA confirmation then our downside target of 1.4800 will be anticipated.
EURUSD still upside target of 1.3100Our upside target of 1.3100 still remains, we have a potential harmonic formation to be formed. We can expect 1.1800 to be retested as outlined in our previous posts (A potential bullish harmonic formation to be formed with “D” lining up with 1.1800.) For those of you that haven't entered the long can look for entries around this region with bullish PA confirmation. I will be upload another analysis of the H1 timeframe to outline the potential bullish harmonic to be formed. I will relate the next post to this analysis.
GBPUSD - Large Stop loss ahead of NFPLarge stop loss ahead of NFP, if price moves in anticipated direction then positions will be added post NFP at key price levels and stop loss will be tightened. If price does break and close below the channel with bearish PA then this trade setup is no longer valid. It is a risk taking this trade as we are trying to predict NFP. However, all price action lines up with a potential negative NFP. The large stop loss is to protect agains large wicks and volatility.
USDCAD UPDATE 2 Our Short Setups still remain as explained in our related idea (See links below). However, this post is to explain how the stop loss can be extended to 1.35200 in case of high volatility on the back end of NFP. We will seek bearish PA confirmation around 1.33950 - 1.34500, ideally 1.3400. As this will probably be traded pre-NFP we need space for some volatility. Therefore, trade half the usual lot size and extend your stop loss to 1.35200. However, these points will be clarified as we get closer to NFP and on bearish Confirmation.
