Forex market
EURCAD - CONTINUATION TRADEThe pair is in a clear uptrend, consistently forming higher highs and higher lows. I’m waiting for a healthy pullback into the demand zone, where I’ll look for confirmation to enter long position. Setup remains solid as long as structure is maintained. If in any case price drop below the demand zone, that will indicate shift in a structure.
NZDCADThe pair remains in a downtrend and overall bearish, but I see a potential counter-trade opportunity. This could set up as a “buy to sell” scenario. I’ll be watching for a possible bounce toward the upside before resuming shorts. First area of interest is around the 0.8100 level, where I’ll wait patiently to see how price reacts.
EURNZDPrice action has been strongly bullish, with an impulsive push to the upside that took out a weekly high. That may have completed the price objective, which is why I’m now expecting a potential drop. A structure shift has already occurred and an entry was available, though I didn’t take it.
For now, I’ll stay on the sidelines and watch price action. If price reaches the demand zone, I’ll look for confirmation to get into longs. There’s also a large inefficiency/price void that could be filled on the way down. Let’s see how this pair develops — just sharing a possible scenario.
USDJPYIt looks like price completed its objective just before Friday’s news release, after which USD dropped sharply. From a technical perspective, structure has flipped from bullish to bearish. A clean correction to the upside into the 148.0 supply zone followed by a drop would make perfect sense. I’ll be watching to see if this develops into a swing move.
AUDJPY SHORTSAUDJPY – Short Setup Idea
Bulls are clearly showing weakness — just look at the 4H chart on the right. The climb has been slow and corrective, suggesting a lack of strong momentum to the upside.
Price has recently reached into a 4H supply zone. At first glance, it looked as though the zone was invalidated, but on closer analysis, the move primarily mitigated a past price void/imbalance. For that reason, I still consider the short setup valid.
I am looking for a potential swing opportunity to the downside. My stop-loss is placed above the most recent significant 15-minute high, as a break of that level would invalidate the idea and I would no longer want to be in the trade.
15min Flip did happen.
This setup offers favorable risk-to-reward potential if price respects the supply zone and continues lower.
NZDJPY SELLSNZDJPY tapped the top of daily supply, aligning with the 88.0 region. While 4H structure is bullish, higher timeframes take priority. Price already flipped 15M structure, giving early bearish confirmation. Short makes sense here with a conservative stop above the daily high. And also if you look at the daily timeframe you can see how bears are in control, 3 times stronger.
Couple of downside targets so let's see.
GBPJPYAs you can see price is clearly in an downtrend. Nice push to the downside, and nice recovery back up. And with 4 points being made ( H,L,HL,LL) downtrend is confirmed. I marked 4H supply that aligns with 202.000 handle.
While on the 4H is a downtrend, on daily timeframe, price is in a bullish leg and now coming up from filling the imbalance. Now if I was paying attention I could get into buys at the bottom and trap the market. However that was not the case.
That can cause price to go higher and break through our supply. But that is why we wait for confirmation on smaller timeframes before entering the trade.
Remember, no confiration - no entry.
USDJPY SELLS📉 USD/JPY – Bearish Trend With Clean Supply Rejection
As we can see, UJ is clearly in a bearish trend, confirmed by the red dots on the left chart, where price continues to create new lows.
Price recently retraced into a well-defined Supply zone around the 156.000 level. On the right chart, structure flipped after tapping the zone, giving a clean confirmation and creating a high-quality entry opportunity.
My first partials are placed at the 15-minute low, with the remaining targets marked by the red lines below.
USDCAD - Breakout Will Flip the Trend BullishUSDCAD has been sliding inside a well-defined descending channel, completing a full five-wave drop toward the support zone. The structure from the top looks corrective rather than impulsive. That means the downtrend is weakening as it reaches its final leg.
Your count shows Wave 3 finishing at the dashed red line zone, followed by a small Wave 4 bounce, and now the market is pushing into the last Wave 5. This final drop is expected to target the Fibonacci levels near 1.3915 and 1.3895 . Nothing suggests strength until those levels are tested.
The price is still trapped inside the downward channel, and every bounce has been getting sold. That confirms sellers are still in control for now. Wave (C) is close to completion, but buyers haven’t proven anything yet.
The bullish outlook only becomes valid after a clean breakout above the channel. Without that break, any upside move is just noise inside a bearish structure. The breakout must hold with a higher low to confirm a trend reversal.
If the channel breaks decisively, a strong bullish reversal toward 1.40+ becomes possible. The entire structure suggests the downtrend is aging, so a major upside swing is likely once sellers exhaust. Until then, downside targets remain open and caution is necessary.
Stay Tuned!
@Money_Dictators
GBPUSD – Weekly Elliott Wave Analysis | Primary Bull & Alt Bear🔍 Detailed Explanation of Analysis
GBPUSD has been moving inside a well-defined ascending channel after bottoming near 1.0356 in 2022. The structure since then appears to be forming an Elliott Wave impulsive cycle, suggesting the market may have completed a corrective phase and is preparing for a larger bullish trend continuation.
The pattern from 1.0356 shows:
Wave (1) from 1.0356 to 1.3140
Wave (2) correction back to 1.1800 range
Wave (3) in progress toward significantly higher levels
The recent sideways movement looks like a minor wave (4) correction within the larger wave (3)
The corrective A-B-C shown near the recent high indicates a completed correction rather than trend reversal.
📍 Primary Bullish Scenario
The bullish structure remains valid as long as price stays above 1.2770 support.
Why bullish?
🔹 Price respecting long-term rising trendline
🔹 Completed corrective A-B-C structure
🔹 RSI rebounding from support zone showing momentum returning
🔹 Price forming higher highs & higher lows since 2022 bottom
Upside Target Zones
Target Zone Expected Wave Reason
1.3830 Key breakout point / neckline
1.4289 – 1.4577 Wave (3) Fibonacci extension area
1.5955 – 1.6650 Major resistance for wave (4)
1.7019 – 1.7655 Wave (5) completion zone
Maximum projection: 1.8600 Super bullish extension scenario
A weekly close above 1.3830 will confirm strong upside acceleration and open the door toward wave 3 expansion.
📉 Alternate Bearish Scenario
If GBPUSD fails to hold above 1.2770, correction could extend into deeper levels.
Downside Levels
Level Purpose
1.2099 Strong historical support
1.0356 Worst-case scenario – retest of wave II
Bearish invalidation for bullish outlook
❌ Weekly close below 1.2770 will negate bullish setup and confirm extended Wave (2) correction.
📊 RSI Technical View
RSI has bounced from near the 40 level, a typical wave 4 low zone
No bearish divergence yet on weekly structure
Suggests correction finishing and trend resuming soon
🎯 Summary
📌 Primary Trend: Bullish continuation above 1.2770
📌 Near-term target: Breakout above 1.3830 will signal strong upside
📌 Wave (3) under development aiming toward 1.4577 → 1.5955
📌 Alternative bearish scenario only if 1.2770 fails
⚠ Disclaimer
This is a technical analysis study for educational purposes only. Not trading or investment advice. Always manage risk.
Part 4 Learn Institutional TradingTrading Rules & Conditions Set by SEBI & Exchanges
a) KYC & Risk Disclosure
KYC and Risk Disclosure Documents (RDD) are mandatory before enabling F&O trading.
b) Contract Specifications
Every option contract has pre-defined:
Strike intervals
Lot size
Tick size
Expiry cycle (weekly/monthly)
c) No Guarantee of Profit
Exchanges emphasize that options are risky; brokers must warn traders.
d) No Insider Trading
Traders cannot use non-public information for trading.
e) Brokers Must Provide Transparency
Brokers need to show:
Margin reports
Contract notes
Daily ledger reports
Part 2 Ride The Big MovesMargin Requirements: Critical Conditions
Margins are financial requirements that protect the market from defaults.
a) Initial Margin
This is required when the position is opened. It includes:
SPAN margin
Exposure margin
b) Maintenance Margin
Traders must maintain a minimum balance to keep positions open.
c) Additional Margin
If volatility increases, brokers may collect extra margins.
d) Physical Delivery Margin
Mandatory if stock options are taken near expiry.
e) Penalties
Failure to meet margin requirements leads to:
Squaring off of positions
Penalty charges
Blocking of trading account
Understanding margin rules is crucial for safe option trading.






















