Happy Sunday to all traders! 🤍
It was a week full of ups and downs, but the good news is that we succeeded.
Let’s spend some time on backtesting and analysis to prepare for the week ahead. ✅
Today, we will conduct a weekly analysis using daily and hourly timeframes to understand the market direction for the coming week, and we will trade based on setups that offer strong confirmation.
It was a week full of ups and downs, but the good news is that we succeeded.
Let’s spend some time on backtesting and analysis to prepare for the week ahead. ✅
Today, we will conduct a weekly analysis using daily and hourly timeframes to understand the market direction for the coming week, and we will trade based on setups that offer strong confirmation.
#AUDCAD SELL SETUP 📉
The trendline has been broken; SELL down to 0.9760 upon a retest of 0.9870.
Confirmation: Enter the trade if a 4H bearish engulfing candle forms at the retest zone.
The trendline has been broken; SELL down to 0.9760 upon a retest of 0.9870.
Confirmation: Enter the trade if a 4H bearish engulfing candle forms at the retest zone.
#GBPJPY BUY SETUP 📈
Bounce from key support (212.00); look for a buy target at 219.00.
Confirmation: Look for a strong bullish wick or rejection candle at the support zone.
Bounce from key support (212.00); look for a buy target at 219.00.
Confirmation: Look for a strong bullish wick or rejection candle at the support zone.
#GBPCAD SELL SETUP 📉
Sell setup targeting 1.8730 upon a retest of the broken support (1.8850).
Confirmation: Enter upon seeing a 4H bearish rejection candle in the 1.8850 zone.
Sell setup targeting 1.8730 upon a retest of the broken support (1.8850).
Confirmation: Enter upon seeing a 4H bearish rejection candle in the 1.8850 zone.