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EURGBP MARKET ANALYSIS

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  Good morning traders, I hope you're all doing well it's another bright Thursday and today my focus is on EURGBP. Price broke below a key H1 & H4 demand zone at 0.83790 & 0.83630 and formed lower lows on H4 at 0.83350 confirming a shift in market structure to bearish. Price retraced to retest the broken demand as a new supply before a potential continuation of the drop lower. Price retested supply at 0.83700 and formed rejection wicks with candle closes inside the zone on H4 followed by a constant push away from supply. Took sell positions during London session at 0.83700 with SL at 0.83830. Setup taken is a drop base drop, a continuation setup and my target is at the next major H4 & daily demand zone at 0.82600.

EURCAD MARKET ANALYSIS

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  Good evening traders, it's a bright Wednesday and here's my outlook on EURCAD as my first pair for the week. Price broke below a key H1 & H4 demand zone at 1.55460 & 1.54815 and formed lower lows on H4 at 1.54435 confirming a shift in market structure to bearish after filling the 1st minor H4 range from the key H1 & H4 demand zone to the major daily supply zone and back to the key H1 & H4 demand zone. Price formed lower lows below the broken demand then retraced to retest the broken demand as a new supply before a potential continuation of the drop lower. Took sell positions during late NY session at 1.54585 with SL at 1.54830. Setup taken is a drop base drop, a continuation setup and my target is at the next major H4 & daily demand zone at 1.51600 & 1.51170.

TRADES OF THE WEEK (EURGBP & USDCHF)

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  Good afternoon this bright Friday, I hope you're all doing well and have had a profitable week this trading week. Here are my trades of the week on two pairs I took which are EURGBP and USDCHF. Into EURGBP, price dropped into a major daily demand zone at 0.82600 & 0.82336 which is the origin of the previous rally to the major daily supply zone at 0.84436 & 0.84020. Price filled the major daily range back into the major daily demand zone. Price dropped into demand and formed rejection wicks with candle closes inside the zone followed by a bullish push. Took buy positions during London session at 0.82616 with SL at 0.82400. Setup taken is a drop base rally, a reversal setup and my target is at 0.84020. Price rallied strongly away from demand in a strong daily bullish candle confirming the shift in market structure to bullish. Price gained more momentum rallying 140 pips to the next major daily supply zone at 0.84436 & 0.84020 filling the major daily range back to the ma...

GBPUSD MARKET ANALYSIS

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  Hello traders, here's another update on GBPUSD from the trades shared on the weekly outlook. Feel free to refer to it and check it out if you haven't. Into the markets, GBPUSD price broke above a major H4 & daily supply zone at 1.26250 & 1.25595 which was the origin of the previous major drop to the H4 demand zone at 1.23800 & 1.23150. Price filled the H4 & daily range from the major H4 & daily supply zone to the H4 demand and back to the major H4 & daily supply zone. Price broke above supply and formed higher highs on H4 at 1.26800 then retraced to retest the broken supply as a new demand before a continuation of the rally higher. Took buy positions during London session at 1.26273 with SL at 1.26000. Setup taken is a rally base rally, a continuation setup and my target is at 1.27800.

USDCHF MARKET ANALYSIS

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  Wassup traders, I hope you're all doing well and active in the charts. Into the markets today I am looking at USDCHF where price dropped into a major H4 & daily demand zone at 0.90330 & 0.89950 which was the origin of the previous rally to the major H4 & daily supply zone at 0.92150 & 0.91720. Price filled the H4 & daily range from the major H4 & daily demand zone to the major H4 & daily supply zone and back to the major H4 & daily demand zone. Price broke below the major H4 & daily demand zone and formed lower lows on H1 & H4 at 0.89790 followed by a retest of the broken demand as a new supply before a potential continuation of the prevailing bearish trend. Took sell positions during London session at 0.89934 with SL at 0.90140. Setup taken is a drop base drop, a continuation setup and my target is at the next major H4 & daily demand zone at 0.89130.

WEEKLY MARKETS OUTLOOK

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  Good afternoon and happy Sunday to everyone. It's a bright Sunday afternoon and I'd like to share my outlook for what to expect in the coming week in the markets. WEEKLY OUTLOOK Objective To analyze the markets for potential opportunities in the coming week. Thesis : 1. NAS100 MARKET ANALYSIS Observe the H4 & Daily supply zone at the ATH for potential reversal. Observe the weekly close for confirmation of shift in market structure. Review the ranges on H4 & daily and identify the OTM's within the H1, H4 & daily range. Wait for market open and watch our for potential retest of supply before a potential continuation of the drop lower. 2. AUDUSD MARKET ANALYSIS Confirmation of the RBR setup with price breaking supply and rallying higher. Bullish breakout, retest and continuation of the rally higher forming higher highs. Observe the weekly close for confirmation of the trend. Review the ranges on H1 & H4 and identify the OTM's within the ranges. Wait for m...

AUDUSD MARKET ANALYSIS

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  Good afternoon traders, I hope you're all doing great. Into the markets I'm looking at AUDUSD where price rallied to a major H1 & H4 supply zone at 0.63230 & 0.62880 which is the origin of the previous drop to the major H4 demand zone at 0.61830 & 0.61360. Price has filled the H4 range from the H1 & H4 supply zone to the major H4 demand zone and back to supply. Price rallied into supply and formed rejections with candle closes inside supply followed by a slight drop. Took sell positions during NY session at 0.62768 with SL at 0.62880. Setup taken is a rally base drop, a reversal setup and my target is at 0.61800 inside the major H4 demand zone.