After a major news yesterday this weakened the dollar that cause this major fall. Now it clearly broken out the support level and we wanted to retest it before going short. So let's wait for a retrace of the market and don't force a trade.
This pair broken out the 1.21000 level with a big bullish movement because of the major news yesterday. Now we anticipate to retest the said level and to go long to target the daily support and resistance at 1.22200. Be patient for our setup.
This pair clearly broken out the structure high at 1.39450 and retesting it. If it breaks below we can change our bias for a short position but if it maintains to hold that level we will long it and continue to target the 4h POI (point of interest).
A double top formation is forming with this pair at a resistance level . We can look for entry on lower timeframe for better positions and would target the 1h OB (order block). If it managed to hold the resistance level then go for it but if not don't force a trade.
We are forming a double top on this pair but we need to see the candle to close not above the resistance level. If it closes below then we can look for lower timeframe to short this pair and target the 1h OB (order block) for our profit area.
As we can see we this pair is moving sideways and we are currently trading at a resistance level where liquidity is sitting at. So we will look for lower timeframe to go short on this pair and see for the next movement of the market.
As of now we are currently trading at a support level. So we wanted the candle to close not below the support and rejects 1.23900 area to go long. But we can see a weakness of dollar also there will be a FOMC conference that can affects the pair. So let's be patient and wait.
This pair is moving sideways for now and we are still patiently waiting for our setup. If we can see a retrace and rejection at 1.21000 we can enter to go short for our position. Just wait for now and be patient.
So now we currently trading at a support level and we wanted the 30m candle to close to see our next move. If we see a bullish pressure we will enter a long position otherwise if it breaks below we will wait for a retest then enter a short position. So we are ready either way.
A simple break and retest pattern that would work for us. If the market retest the previous resistance at 108.550 and act as a support now. We would enter to go long because the market is now transitioning to bullish.
Clearly the market broken out the resistance level at 130.650. So now we will wait for a simple break and retest pattern where we would enter after the retest on the said level. Check for wick rejection and other candlestick formation before entering a position.
For this pair it is ranging at the moment and respecting the levels of supply and demand. We are waiting for the market to reach and reject 151.900 then target the next structure of level which is 149.650 where the liquidity grab happened.
As the dollar gain its strength and seems to be bullish for this week. We have a long bias on this pair and currently on a support level. Check for a candlestick formation like a wick rejection at 1.23900 then we would target the resistance level around 1.26300.
This pair is ranging for quite some time now but we would want to see a rejection from the resistance level at 1.39450. Let's wait for the market to move towards our set up and enter a short position if we see a candlestick formation.
As a trader we need to adapt and respond on what's currently happening to the market. Here we can see its having a retrace at the resistance area. We would like to see a rejection on 1.21000 level to go short and would target the next key level which is the 1h OB (order block) at 1.19550.
Our bias for this pair is bullish. We are currently trading at a support level and we want to see a rejection around 1.54300 to target 1.56650 as our profit area. Be patient waiting as the market goes to our bias set up.
This pair is still moving sideways on a bigger picture. But as the liquidity sitting on the support and resistance level we would ride this trade. Now that the bullish momentum is kicking in we will wait for a mini pullback around 149.650 to go long and would target 151.900 level.
IN the daily this pair closes a pin bar which rejected 1.21000 level. So our bias is bearish based from the previous data. Now we want a break of structure then retest it for our short position. We can look a candlestick formation on lower timeframe for our entry and would target the 1h OB (order block) around 1.19550.