GBPUSD LONGPrice gave us a shift in market structure on the M15 to signal a bit of Bullish momentum. It has gone up and created buyside liquidity by making a retail trendline pattern. Today we expect price to give a judas swing by coming down to 1.3215 then we can take a 30 pip Long position as indicated in my analysis. Let us wait and see!
Londonsession
GBP CHF Weekly CloseoutThis is my analysis on GBP/CHF ive been trading GV over 2 years now and usually on Wednesday it pumps above resistance then reverses back toward opening weekly prices at the end of the week.
Just be careful there is news coming out. So looking Bullish at the moment no signs of reversal yet.
USD/CAD - 03/11/2021USD/CAD (H4) - don't be fooled with price breaking out of consolidation, the range has just extended to that fake out and has not clearly broken so we cannot target buys with the HTF direction until price breaks 1.24286
USD/CAD (M15) - similar to GBP/JPY we are in this consolidation, ideally I will want to target sells on the break of 1.24156 which could be a risk as it is only an interim level but if this fails then I will be looking to buy the market at 1.24209 and just wait till price reaches the H4 resistance to decide whether we should hold.
GER30 PRE-LONDONIt is looking as if this sells momentum is going to carry onto London and throughout the session.
#juicy
A fresh week and fresh PAGood morning traders!
Hope your weekend was good and your weekend reviews gave you insight into your trading last week.
Looking at todays PA I still think we need to wait for further development.
The large bullish move Friday left lots of imbalance behind and many unprotected orders.
On the Daily TF we have now broken the downtrend and have moved to a daily buy range, this signifies a return to bullish momentum in the market.
I will be waiting for further development before entering any trades.
As always Trade safe
EnvisionEJ.
Another week nearly done~Good Morning traders!
Another week draws to a close!
Yesterday was a stellar day in the markets for myself and other traders in our community!
Looking towards todays PA, we can see the rejection from the daily range present (its still marked, because its still valid)
Currently we have built bullish momentum through the Asian session. We new a bullish move was coming thanks to the LQ for higher prices marked. We have both a 1hr and 15min buy range pushing prices higher, I am expecting a retracement from this high, before pushing through later in the session before again selling off. This will provide many opportunities in the market (as we get most days)
As always trade safe, EnvisionEJ
Could the bearish daily trend be about to continue?Good morning traders!
I trust your week has been good thus far, yesterday offered some great trades with members of our team getting involved.
EURUSD is still in a daily selling range and we have now had a mitigation of the daily range marked up a for few forecasts ago.
Looking at the lower TF we are in a 1hr sell range and 4hr buying range.
Price is currently in the discount of the 4hr buying range. A sweep of the Asian lows and mitigation of the edge money range would offer a great spot for a long, alternatively a move back to the highs and a selloff would offer great selling opportunities.
Whatever does happen I will remain Neutral and trade the market in the moment.
As always, trade safe EnvisionEJ
BTC Decelerating into an unmitigated area.Good morning traders!
The BTC forecast remains the same as yesterday-are we reaching the top of the current run up?
Currently the signs are pointing to yes, we are decelerating into the back edge of the daily sell range.
Do I expect a deep pullback-define deep? A pullback to the area marked with the yellow circle would mark be a pullback to discount on the weekly along with a retest of a strong range which was never mitigated.
I do expect bullish momentum to continue after a pullback, again pushing for ATH.
As always trade safe.
EnvisionEJ