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Currency Pair: EURNZD
Time Frame: 1D
Bias: SHORT

Sources:
- Seen huge consolidation at a crucial level of support
- EUR has been in a strong bearish trend for some time
- High volume level at our current market price
- Need to see a break of this dynamic level of support before heading down to next minor level of support or bounce up toward next level of resistance
Pair: XAUUSD
Timeframe: 1H
Analysis: Round number level, trend line, volume profile , support and resistance, pennant pattern, consolidation
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Key Takeaway: For a full day we have seen the pair consolidate between 2332.8-2326.5 and we havent managed to break either levels. When the pair does we are either looking for a short or long trade depending on the confirmation of breakout (bullish or bearish). Once it does break out either way, we will look to take profits toward the top pennent resistance or bottom pennant pattern support trend line.
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Level needed: need a close above 2332.8 or a close below 2326.5
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Trade: NEUTRAL
RISK:REWARD 1:6
SL: β€”
TP: β€”
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Pair: GBPCAD
Timeframe: 4H
Analysis: Trend line, volume profile , support and resistance, trend break, reversal
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Key Takeaway: Been trending bullish for a good while and now seeing signs of a reversal. Price has broken our bullish trend line and is consolidation between two key levels of support and resistance. If we seen alot of bearish movement and close below support then we will enter
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Level needed: need a close bellow 1.74000
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Trade: SHORT
RISK:REWARD 1:8
SL: 1.74200
TP: 1.73400 onward
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πŸ’ŽGOLD - SELL - POSITION ENTRY: NOW

TAKE PROFIT LEVEL(1): 2323.57
TAKE PROFIT LEVEL(2): 2320.9
TAKE PROFIT LEVEL(3): 2312


STOP LOSS LEVEL: 2331.3

πŸ’‘PLEASE APPLY RISK MANAGEMENT APPROPRIATELYπŸ’‘
Pair: AUDUSD
Timeframe: 1H
Analysis: Trend line, volume profile , support and resistance, trend break, reversal
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Key Takeaway: Seen a great bearish reaction from our dynamic resistance and trend line. Will wait for a good drastic bearish reaction from this level before entering short.
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Level needed: need a close bellow 0.66660
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Trade: SHORT
RISK:REWARD 1:8
SL: 0.66770
TP: 1.66194
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πŸ’ŽAUDUSD - SELL - POSITION ENTRY: NOW

TAKE PROFIT LEVEL(1): 0.66683
TAKE PROFIT LEVEL(2): 0.66610
TAKE PROFIT LEVEL(3): 0.66245


STOP LOSS LEVEL: 0.66820

πŸ’‘PLEASE APPLY RISK MANAGEMENT APPROPRIATELYπŸ’‘
πŸ’ŽGBPCAD - SELL - POSITION ENTRY: NOW

TAKE PROFIT LEVEL(1): 1.7429
TAKE PROFIT LEVEL(2): 1.7419
TAKE PROFIT LEVEL(3): 1.74


STOP LOSS LEVEL: 1.74490

πŸ’‘PLEASE APPLY RISK MANAGEMENT APPROPRIATELYπŸ’‘
Pair: EURCAD
Timeframe: 30M
Analysis: Trend line, volume profile , support and resistance, trend break, consolidation, ascending triangle pattern
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Key Takeaway: Been a alot of consolidation between 1.47450-1.47200 and we could finally see a break. Need to look for a close below dynamic support and our trend line and then a retest of these levels before entering short.
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Level needed: need a close bellow 1.47200
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Trade: SHORT
RISK:REWARD 1:4
SL: 1.47340
TP: 1.46950-1.46640
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Pair: NZDCAD
Timeframe: 2H
Analysis: Trend line, volume profile , support and resistance, trend break, consolidation
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Key Takeaway: The pair has been trending bullish for quite some time and we can see that there has been some bearish pressure in the past few days. Trade with the trend is what they say so we can see the pair is currently at a high volume level of support which could be enough to bounce the pair to the next level of resistance in the next few hours.
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Level needed: need push toward 0.84100
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Trade: LONG
RISK:REWARD 1:5
SL: 0.83894
TP: 0.84900
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GOOD DAY TRADING IN THE GOLD ROOM YESTERDAY πŸ’ΈπŸ’ΈπŸ’Έ
πŸ’ŽNZDCAD - BUY - POSITION ENTRY: NOW

TAKE PROFIT LEVEL(1): 0.84185
TAKE PROFIT LEVEL(2): 0.84300
TAKE PROFIT LEVEL(3): 0.84900


STOP LOSS LEVEL: 0.83895

πŸ’‘PLEASE APPLY RISK MANAGEMENT APPROPRIATELYπŸ’‘
Pair: GBPUSD
Timeframe: 2H
Analysis: volume profile , support and resistance, trend break, candlestick pattern
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Key Takeaway: Seen bearish momentum pick up over past 2 days. Just seen a break of support and has now retested it as resistance, as soon as we see more bearish pressure we will enter short. The USD has also been performing very bullish over course of past couple days.
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Level needed: need push toward 1.26500
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Trade: LONG
RISK:REWARD 1:3
SL: 1.27125
TP: 1.26570
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πŸ’ŽGBPUSD- SELL - POSITION ENTRY: NOW

TAKE PROFIT LEVEL(1): 1.26900
TAKE PROFIT LEVEL(2): 1.26840
TAKE PROFIT LEVEL(3): 1.26570


STOP LOSS LEVEL: 1.26570

πŸ’‘PLEASE APPLY RISK MANAGEMENT APPROPRIATELYπŸ’‘
Pair: AUDNZD
Timeframe: 2H
Analysis: volume profile , support and resistance, trend break, candlestick pattern
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Key Takeaway: Alot of bullish momentum over past week and now starting to consolidate near significant resistance. High volume level at 1.08910 needs to be broken before we can run clear in a long trade. Big profit target potential if we do break this level today.
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Level needed: need a break of 1.08910
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Trade: LONG
RISK:REWARD 1:6
SL: 1.08755
TP: 1.10250
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