Good Morning!
Welcome to this weeks newsletter.
A relatively quiet start to the month so far..
Lets get right into into it, reflecting on what we did the week previously and what setups are lining up for today.
USD/CAD
For this pair we sit within the 2nd CZ higher.
We have been gifted an entry on the lower time frame within the second zone of CZ (below) and with a GARTLEY BUY pattern.
We closely monitor this one as the Market Cycle is so strong with it.
BEFORE
AFTER
GBP/USD
Following our BUY on GBP/USD last week, the pair has completed an AB=CD pattern which should bring about a higher low and a second CZ.
This is a CT (Counter trend) trade to the main Market cycle, however objectively we are taking it as we can presuppose that price will do as I expect above.
BEFORE
AFTER
EUR/CAD
I don’t usually trade this pair, however it did setup a beautiful opportunity to take the third push higher, to complete the AB=CD pattern (dotted blue lines)
BEFORE
AFTER
We then on the completion of the 3rd push in conjunction see us serviced a beautiful Harmonic SELL pattern (below).
This is a deadly combo for the market and normally pays us well.
BEFORE
AFTER
NZD/USD
This pair we were able to read its intentions quite easily the past week.
BEFORE
AFTER
What we see now is the development of the Market Cycle in a lower time frame. However there is no clear entry atm.
BEFORE
AFTER
Keep learning, stay motivated, and happy trading! 😄✨
Thanks for reading! 📚👀
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