TSFX - Free Channel
GBPAUD H4 Initial rejection seen from our S/R zone which we saw break Wednesday last week. This is the first time we have come round the test the broken zone as resistance. A second test (double top) would offer us our short opportunity. However, we need…
GBPAUD possibly coming up for the second retest.
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USDWTI H4
Something we were following last week, took a couple of short positions on this pair for 1R and 1.3R before being stopped at entry/profit.
We have now started to see an upside breakout of both S/R and trend sequence. A bit more of a convincing breakout and subsequent retest could offer us long entries.
Something we were following last week, took a couple of short positions on this pair for 1R and 1.3R before being stopped at entry/profit.
We have now started to see an upside breakout of both S/R and trend sequence. A bit more of a convincing breakout and subsequent retest could offer us long entries.
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GBPCAD H4
Another possible long setup/entry here for GC. We topped out on the H4 this morning/last night, but take this with a pinch because of market open.
We could just be seeing corrections before the next high, regardless, we can plan for another long entry from 1.74600, last weeks bounce took us to 2.8R, that would be the initial target, but above and beyond that 1.76, which offers a solid 4R.
Another possible long setup/entry here for GC. We topped out on the H4 this morning/last night, but take this with a pinch because of market open.
We could just be seeing corrections before the next high, regardless, we can plan for another long entry from 1.74600, last weeks bounce took us to 2.8R, that would be the initial target, but above and beyond that 1.76, which offers a solid 4R.
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EURJPY H4
We pushed 1R here yesterday, a little in excess of infact. This was our first trade of the week, following standard protocol, stoploss was moved to entry at this point. In hindsight, it was a 5R trade, so moving SL to entry around 1.5R would have been better, however in this instance it protected us from a loss.
We dipped marginally beneath support with that H4 wick before closing within support and extending higher to fill structure somewhat during the NA afternoon and eastern session.
We pushed 1R here yesterday, a little in excess of infact. This was our first trade of the week, following standard protocol, stoploss was moved to entry at this point. In hindsight, it was a 5R trade, so moving SL to entry around 1.5R would have been better, however in this instance it protected us from a loss.
We dipped marginally beneath support with that H4 wick before closing within support and extending higher to fill structure somewhat during the NA afternoon and eastern session.
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GBPCAD H4
Pulled back a little bit over the NA session but saw growth during the eastern, current price is seeing some resistance at 1.75500 ish, a break of this would set new highs and give a little more mileage upside, targeting around 1.76 as previous indicated.
Failing this, we could reject and scout out support for long entries again.
Pulled back a little bit over the NA session but saw growth during the eastern, current price is seeing some resistance at 1.75500 ish, a break of this would set new highs and give a little more mileage upside, targeting around 1.76 as previous indicated.
Failing this, we could reject and scout out support for long entries again.
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AUDUSD H4
Potential here for AUDUSD longs, AUD has been offloading a little over that latest eastern session as we have seen.
DXY has topped out again and failed to set new highs (failed attempt to break 92.800). Neither pair is particularly strong, lets see how support fends and whether the AUD can pick up or if we see further weakness from DXY.
Potential here for AUDUSD longs, AUD has been offloading a little over that latest eastern session as we have seen.
DXY has topped out again and failed to set new highs (failed attempt to break 92.800). Neither pair is particularly strong, lets see how support fends and whether the AUD can pick up or if we see further weakness from DXY.
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GBPAUD H4
Annotations and order details marked for the possible sell setup, another 10 pips upside required for the RR offering of 3R. Ideally would like to see some sort of confirmation rejection too, we have 3 confluences, but still looking extremely bullish.
Lets see if we start to exhaust around this price zone.
Annotations and order details marked for the possible sell setup, another 10 pips upside required for the RR offering of 3R. Ideally would like to see some sort of confirmation rejection too, we have 3 confluences, but still looking extremely bullish.
Lets see if we start to exhaust around this price zone.
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Nice response seen on GBPAUD resistance price.
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US inflation data coming in lower than expected, USD drops across the board.
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Double topped, looking to dump a little more, 770 seems to be M15 support, we could free fall somewhat if we break this.
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ETHGBP H4
We have managed to see another slight bounce from our £2350 support price, pushing some nice RR, but we are yet to break the lower high sequence, if we can break above as indicated and retest, there could be another entry point.
This would be the confirmation we need to scale in, higher highs and subsequent higher lows for entry points.
We have managed to see another slight bounce from our £2350 support price, pushing some nice RR, but we are yet to break the lower high sequence, if we can break above as indicated and retest, there could be another entry point.
This would be the confirmation we need to scale in, higher highs and subsequent higher lows for entry points.
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15.09.2021 - Crypto Technical Rundown