Thetraderscollective

Thetraderscollective

Gold has been in a clear downtrend all week, confirmed on the 4H chart and pushed further by the Fed rate decision earlier this week. With NFP ahead today, I’m staying sharp and focused only on confirmed setups: 🔻 Sell Setup: Below 3274.33 First TP: 3268 (+50 pips) Final TP: 3264 (+97 pips) 🟢 Buy Setup: Above 3343 Target: 3359 (+160 pips) 🎯 This is not the...

Thetraderscollective

Yesterday: Retest of 1.17478 gave +20 pips. Today: Watching for another retest entry. Targets:   • TP1: 1.18002 (+80 pips)   • TP2: 1.18316 (+30 pips) Bias remains bullish; entries focused on clean retests.

Thetraderscollective

Current Price Behaviour: USDCAD remains rangebound, sitting just above our key support level of 1.36647. The pair has failed to show any clean breakouts since Monday and remains stuck inside a tight intraday channel. What We're Watching: 📍 Break of 1.36647 = trigger for continuation of bearish move 🎯 Target: 1.35822 (80 pip move) ⚠️ No active trade until this...

Thetraderscollective

Previous: Gold gave us a massive 600+ pip run on Monday, breaking above the key 3380 resistance that had held for over a week. The move confirmed bullish continuation in line with the overall HTF trend. Now: We’re now hovering just above 3380 again, with a break-and-retest setup forming on the lower timeframes (1H/4H). Key Zones: 🔁 Retest Buy Zone: 3380–3375 📈...

Thetraderscollective

EURUSD didn’t give us any trade setups yesterday and is still respecting the short-term bearish trendline. Price has remained below 1.17500, acting as resistance, and hasn’t given confirmation for buys. We’re still watching the same key zones: ✅ Safe buys: Above 1.17500 if we get a solid break and bullish close. ✅ HRHR buys: Retest of 1.16898 (Wednesday's low)...

Thetraderscollective

USDCAD’s high-risk, high-reward (HRHR) sells from Wednesday are still in play with price currently up 35 pips. Price action remains within the structure as we continue to respect the March trendline, but are now stalling in a tight 4H range. 📍 Key Observations: 1.36647 is acting as strong intraday support Possible retest of yesterday’s or Wednesday’s high could...

Thetraderscollective

Yesterday’s price action gave us a clean 200 pip run from the break and retest of 3308, and today we’ve already caught 140 pips using yesterday’s high (3317.17) as intraday support. But now we’re sitting at a critical inflection point. 📍 Key levels: Safe Buys: Only looking to buy above Tuesday’s high of 3345.74, which gives room for a clean 200-pip move up...

Thetraderscollective

The 4H trendline held again yesterday, and today’s daily candle continues to form within a bullish flag, giving added confluence to our overall bullish bias. I no longer expect a deeper pullback to 1.16299 — price action suggests momentum is building. Here’s the game plan: 🔹 For Scalpers: Break of current high → 1.17500 (~20 pips) Break of 1.17500 → 1.17657...

Thetraderscollective

Yesterday’s clean rejection from 3328.76 gave us a profitable 300+ pip move down to 3298. Today, we’re seeing a potential double bottom near 3284.61 — the same level price held during yesterday’s drop. 📌 What I’m Watching: 🔼 Buy Setup: Break above today’s high → bullish continuation to 3345.66 ➤ Estimated 300+ pips upside 🔽 Sell Setup: Break of today’s low =...

Thetraderscollective

After breaking Thursday’s low, EURUSD gave us 30 pips then started ranging right at that level. Today’s price action is mildly bullish, but likely just a retest of the 4hr bearish structure that’s formed. 📌 Key Levels: 🔼 Safe Buys: Above 1.18075 (strong resistance) → Breakout = ~70 pip opportunity 🔽 Sells / Deeper Pullback: Below 1.16869 → Potential 60 pip drop...

Thetraderscollective

Yesterday USDCAD closed strong bullish (+100 pips) into the March 2024 trendline, which it’s respected multiple times this year. But there’s a key detail: ➡️ Today’s high is a pip away from yesterday’s — and there’s no upper wick. That makes this a liquidity risk zone. 📌 What I’m watching: 🔻 Break of 1.36383 = potential shift to bearish intraday structure →...

Thetraderscollective

Price action confirms resistance at 1.17905, now tapped on both Friday and today. Current View: Bullish bias remains intact long-term Short-term: Expecting a deeper pullback Range forming between 1.17170 – 1.17905 Scenarios: Break below 1.17170 = Likely move to 1.16020 (previous swing low) Break + close above 1.17905 = Clean continuation to 1.18791 While...

Thetraderscollective

Gold is sitting on a knife’s edge as we enter the NY session. Current price action: Rejected twice at 3307 on the 4hr Broke Friday’s low Now approaching today’s low Scenario 1 – Bearish: Clean break below current 4hr low → target: 3274 (323 pips) This is a key higher timeframe swing level, last tested in May Scenario 2 – Bullish: If we reject current lows...

Thetraderscollective

Bias: Still bullish Liquidity zone pullback: 1.16853 held as expected Next move: Watching for break of Friday's high at 1.17342 → possible retest of 1.17311 → continuation upward HRHR Setup: If price returns to 1.16853 today, it's a high risk play due to end-of-month volatility Caution: If we break below the previous 4H candle, we could range between 1.17342...

Thetraderscollective

Weekly: Gold opens bullish while still respecting the Dec 2024 trendline, despite the last two weekly candles closing bearish. Daily: Currently at 3295, approaching key intraday bearish structure at 3310. Last Week’s Bounce: From 3274 delivered 220+ pips, now becoming a pivotal reaction zone. If 3310 Breaks: Expect continuation to 3344 – a 350-pip swing. If...

Thetraderscollective

USDCAD played beautifully to our bias, breaking the 1.36647 safe sell level and delivering 46 pips clean before pulling back. If you weren’t already in, the pullback offered a decent re-entry window — but at this point I’m not looking for new trades today. 📌 Still Bearish Here’s what I’m watching now: Retest of 1.36647 → possible add-on entry Break and close...

Thetraderscollective

Gold (XAUUSD) is slowly climbing back toward our previously broken structure around 3344, which we identified as a key retest zone. I’ll be looking for rejections here to confirm a short-term pullback before a continuation of the broader bullish trend. What I’m Watching: 🔻 Short-term sells from 3344 to 3274 ✅ HRHR Buys: From 3274 if we form support there ✅ Safe...

Thetraderscollective

EURUSD has officially broken above the key 1.16020 resistance level on the 4hr chart, but price action has since gone stagnant. No strong bullish momentum has followed the break so far — a sign we may be due for a deeper pullback. I remain bullish overall, but I'm watching for two potential scenarios: ✅ Safe Buy: Clean 4hr bullish close above 1.16020 🎯 HRHR...