EURGBP Short off of a daily key market area. Expected hold time is a few days to a week. Expected RR is +2R. All confluences and entry conditions are on the chart.
NZDCAD Long off of a Daily Key Price Area. Expected hold time is a few days to a week. Expected RR is +2.5R. All confluences and entry conditions are on the chart.
USDCHF Short off of a daily key market area. Expected hold time is till the weekend. Expected RR is +2.5R/3.5R. All confluences and entry conditions are on the chart.
4th long trade off of the same weekly area we've been watching. EURUSD remains strongly bullish, the exact confluences are written on the chart.
All the confluences have been talked about in the related idea below, this is a continuation of the idea.
EURUSD Market Recap for 28 February 2024. Price is still bullish on the HTFs and we might be able to catch a buy soon.
EURUSD Long from a Weekly Zone. HTF Trend confirmation, entry of a 4H bullish pullback for added confluence. Entry below the last structure with a breathing room of 5-7 pips. Good trend momentum based on Aroon (21). Bullish BOS on 15M and Bullish Engulfing used as entry.
GBPCAD Potential +2.5RR. Confluences on the chart.
GBPUSD may present a sell setup soon, precise entry and confluences will be released when the trade is valid.
Confluences published in the trade idea linked below, releasing exact entries.
2.5R Potential GBPCAD Sell estimated levels . Exact levels will be updated in a new trade idea. Do not enter right now, the trade is in the making. There is no entry yet, the levels are an estimate
USDCAD Short Idea based on a Weekly Swing level. Entry refined on the 4H/1H. Confluences on the chart, potential +2.5R.
GBPUSD is Weekly Bullish, but over extended with a reptracement due. Daily and 4H show signs of bearish price action. Price broke through the previous Weekly Key Price Area and retraced back to form a potential Lower High to continue the bearish momentum.
Last EURGBP Trade idea worked in our favor. I managed to stack another position when it retraced, but I kept it simple for the idea and just updated the TP Level to 1:3.5. Price is currently floating at 1:2.8 Profit Levels. I'll exit 80% of my position at 1:3.5 TP Level.
Short Setup Idea for EURGBP. All confluences are on the chart. Potential 1:2.5 RR
XAUUSD Potential Sell with an expected RR of 2.5 Confluences are on the chart, hold till comfortable.
Confluences on the chart, Potential 1:4.5 RR trade targeting the last daily lows.
AUDJPY Short Idea. Confluences written on the chart itself.