All currency strategies on dollar pairs have been achieved! DXY has touched equilibrium, just as we were expecting for this week. Our currency strategies took effect from yesterday, and we are expecting price to continue to go higher on the Monthly timeframe. However, we see price dropping the Weekly timeframe. Price has hit equilibrium on the daily, so it can now target the premium PD arrays at ( members only ) area. At this point, be careful with your choice of trading when implementing currency strategies.
EURUSD hit our target, and we are focusing on other pairs for the moment. This was covered in the live session, be sure to catch the replay if you missed it.
GBPUSD also hit our target. We are currently at OTE, and are focusing on other pairs (this was also covered in today’s live session).
For AUDUSD, we are keeping the same entry as yesterday, which is the refined order block. Use this to goto GBPAUD and EURAUD to get potential trade benefits.
For NZDUSD, we are watching the gap at the ( members only ) area, and executing strength on GBPNZD and EURNZD.
We finally got to the EURGBP take profit this morning. We now want to see price stay and close above the ( members only ) area. We can expect for price to retrace and go back up again, so look for ( members only ) level as the next target after the pullback.
Let’s look at USDCAD next. Based on MRCI Online, the CAD seasonal drop was confirmed on the 13th of January. USDCAD came to our ( members only ) range and we saw a reaction. We are seeing weakness in CAD, with a potential upside on the USDCAD pair to ( members only ). Make sure to catch the replay of today’s live session for a very detailed breakdown on how to trade USDCAD and the related pair combos.
USOIL also hit our target from yesterday. Price has gone for both a Monthly and Quarterly high, so follow it on the 1H timeframe and you will get experience with Quarterly highs (this is good practice). We are still bullish on a higher timeframe, but price may reverse and touch ( members only ). If you want to go bullish, then the ( members only ) level is at optimal trade entry.
We covered GOLD price with an in depth technical analysis, using standard deviation model on smaller time frame consolidation blocks to identify price manipulation. We anticipate ( members only ) as our first forward target and then price should reach the imbalance at the ( members only ) level. Make sure to watch the replay of the live session, you don’t want to miss this.
We accurately predicted that price on BTCUSD would go lower and take out the $41,806 low. Now that it has, we should see BTCUSD drop down to the gap at the ( members only ) area, where we should see some resistance. Ultimately, we believe price will go lower to the ( members only ) gap on the 4H timeframe.
And there’s a ton more of currency, crypto, commodities and other indices left to go over, paid members get to follow along with the trader daily inside our trading portal.
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