Weekly Forex & Crypto Trading Analysis — Full Breakdown & Transcript

[00:03] market. We just do two uh three look at three assets. We'll move straight to crypto and let's look at three assets there. So this is the beginning of the week. We're going to start from Euro USD.

[00:19] this stuff. This is a very beautiful trade on Euro USD. I'm going to close this. Close

[00:33] So, we'll start on from the weekly time frame as usual. I believe by now many of you should know how I just do this analysis. It's pretty simple and straightforward. So, we still have a fair value gap here.

[00:48] That's going to take months to to fill. Once we get into this zone, let me make it bigger. So, this is this is the weekly time frame. We still have here a an imbalance that needs that needs to be filled. And over

[01:03] needs that needs to be filled. And over here you can see that we have here you can see that we have a supply zone above here. So once we get a supply zone above here. So once we get once we hit this zone which is a demand

[01:17] zone, we should be on our on our way up all to this particular zone. So that is the weekly time frame. What can we can we um take away from here?

[01:40] candles are bullish. So let's study the candles one by one for this particular week. If you look at this particular candle, this is a green candle, very bullish. Then if you look at this one, this alo

[01:54] Then if you look at this one, this alo in green candle bullish. So looking at this, I expect this third one to also be a green candle. So I believe we're going a green candle. So I believe we're going to hit this particular um high this

[02:06] to hit this particular um high this particular week. I believe that we particular um high this week. We're going to take it out. So where do I draw my range? I'm okay to

[02:23] draw my range. I'm going to maintain this quickly range above here. So what I'll do is to draw another one. I can put this bottom.

[02:44] So basically I'm saying that price action should be expected within this particular range but mostly I am biased that it's going to my bias is that it's going to go higher. So that said we're going to move to the

[02:57] daily time frame. On the daily time frame things start to look cleaner and clearer. What do we have?

[03:16] uh let's look at price action. I was really looking forward to um having this I was looking forward to, you know,

[03:28] having this done and we'll move higher. But you can see the recent price action is somewhat showing otherwise. Again, we just react based on what the going to happen. So looking at this, we've taken the

[03:45] So looking at this, we've taken the demand zone here and if you look this high,

[04:27] a retment. We didn't quite tap into the other We didn't quite tap into the other block. So, we're moving away from there.

[04:44] time and start making sense of some things. From the way it looks, it looks what we're going to hit here soon. I think this is just position to hit this particular zone.

[04:59] to tap into this zone. So this is a 4hour order block. I could label it that is a 4hour supply zone. So we could see because um if you look at this swing

[05:16] move. So this a swing move. This swing led to this particular low. Okay. So we can see a movement here to Okay. So we can see a movement here to go lower here. So, I'm expecting um

[05:29] price to hit here. Then here, we not have to we now have to look at it to know if it's going to come down or if it's going to keep going up.

[05:45] simply that breakoff structure from here. This zone did it, but this zone was reacted from once and we're trying to hit this particular zone now. So,

[06:00] I'm going to remove this. It's not really really relevant to what I'm trying to do.

[06:19] structure here. But what I'm looking at from the But what I'm looking at from the um from the lower time perspective is actually this part level. Okay. If this is taken out

[06:39] anymore. Then we should expect zone to go higher.

[06:53] not it has not hit this zone and it looks really bullish. It looks as if it's just going higher and higher. So this what I'm seeing on the on this

[07:05] So this what I'm seeing on the on this time frame. I can also see another um other block that I can draw here. which is this one. which is this one. This one below here. So, this is a 4hour

[07:18] supply zone that we can potentially see a reaction from in the future. So, I'm just going to go ahead and call it a 4hour demand zone. See that here? This

[07:30] I'm going to refine this further. So, I'm not doing anything here. I'm not doing anything here. Okay. Okay. So this what we have.

[07:47] possible move. If we have a confirmation entry is a possible move down maybe to entry is a possible move down maybe to this zone or even lower even to a lower this zone or even lower even to a lower zone.

[08:03] And let's go to the 1 hour um 1 hour time frame to make sense of some things on the 1 hour on the 1 hour. So we can refine this into this. This is one

[08:19] this is one um demand zone. We see another demand zone demand zone. We see another demand zone here.

[08:41] and if we go lower there is even more demand zone below

[08:54] myself with at It's another demand zone here. These are possible place we can see a reaction from. Mind you, our our orientation is to go high. But now let's look at the significant demand zone.

[09:10] look at the significant demand zone. Okay. Now, if you watch this particular break or structure we have here, where do we have momentum and what's this brick structure?

[09:24] We see here that this price action we had a big momentum from this zone we had a big momentum from this zone move all the way high to do this. Okay. So we have a big momentum mean that a lot of sell of buyers coming from

[09:39] that a lot of sell of buyers coming from here that push this price higher to form here that push this price higher to form this. So therefore

[09:51] that led to this break. So therefore, I'll be more interested in this zone. So I'm going to take a long position

[10:03] So I'm going to take a long position from here and my target is going to be here. It's a 3.3. It is not a very good risk war

[10:16] considering the distance because this a swing trade. It might take some time to pay out. So therefore I think what I'll look So therefore I think what I'll look forward to inside this zone

[10:28] inside this zone is actually a confirmation entry. So when we have a confirmation entry you're going to see a better a better entry to take this high.

[10:46] Let's move down to the 30 minutes to see what trade can we take. what trade can we take. I'm going to just turn this off.

[11:05] Okay. So, what trick can we take here? So, our target is to come lower So, our target is to come lower to go higher.

[11:21] now bearish on the lower time frame because you can see that we had because you can see that we had here we had a break of structure here and what happened? We see price go low. Did this came back broke

[11:38] go low. Did this came back broke structure here again. Broke structure here. So I should expect it to come up and go down further.

[11:53] So the nearest the last break structure to the downside is this one. So this one here is my last breakout structure. So therefore, okay, you know what? I'm going to let me

[12:07] okay, you know what? I'm going to let me turn on let me turn back on my so you know you know the the the pair I'm looking at. I'm going to go back and looking at. I'm going to go back and turn on my the water. Where is it?

[12:30] Okay. So you can see Z USD. So above this we have this as a supply zone. All right.

[12:45] we have some momentum leading downwards. So this is basically this is this is served as an inducement. This one is

[12:58] basically an inducement. Okay. And if you watch what we also have like almost equal high here. So this is equal high liquidity.

[13:18] position from this zone is what I'm looking at is what I'm looking at to play.

[13:30] Okay. And my target is going to be this though. This is my first target and this though. This is my first target and this going to be my second target. So for the first trade, this what I look forward to to doing today. So action

[13:44] forward to to doing today. So action entry first target, second target is TP1, TP2. For those who cannot see is TP1, TP2. For those who cannot see it, I'm just going to mark it out.

[13:57] that my entry is is at 1.166.19.

[14:18] 1 167 6721. 167 6721. First take profit 1.16260 and second take profit is here.

[14:39] going to move straight to GBP USD. Can I make this bigger so it cover the whole make this bigger so it cover the whole screen.

[14:54] now. Now, let's go straight to and analyze GB analyze GB IGPUSD. going to start from the weekly time frame to understand where we are. Oh,

[15:08] I'm going to do right now. Let's go check the news. first thing you do is always check the news. So whoa. So you can see that today

[15:21] news. So whoa. So you can see that today is we have bank holiday in Europe. is we have bank holiday in Europe. Um damn. So this means that we might see we might not see good movement because we have bank holiday in Europe

[15:35] especially in the London session. London session starts by 8 and that is in the session starts by 8 and that is in the next 1 hour. in the next 1 hour 8 minutes that is when the London session starts but

[15:49] looking at this is bank holiday mean meaning that meaning that we might actually see much movement in this session maybe when the new year session comes on which is by one that is

[16:03] let's look at the rest of the news for the

[16:19] FX streets beside a bank holiday. Nothing Tuesday. There's no news with regards to the coin There's no news with regards to the coin that to the to the currency. I trad

[16:37] um sweet week to trade. No news interference is basically price actions.

[17:00] have? Um, this has been our weekly analysis. We still have a an imbalance here. It's a supply zone above here. It's on the weekly

[17:15] and I'm I'm not going to leave anything. I just leave it the way it is. It's a daily zone. Had a break of structure. I'm expecting movement downward and upwards

[17:30] because a break a break of structure here. So I'm looking for forward a here. So I'm looking for forward a retracement then we move forward. So what can we trade this week? What can be our range? I'm I'm going to leave this

[17:43] as an open range but this is already taken out. Just move it higher. See what the price does. Then on the daily time frame, can we start making sense? I'm going to

[17:59] can we start making sense? I'm going to remove this totally. Okay. So, can we start making sense? Are we beginning to break structure?

[18:11] I want to look at this structure here to see um it's not broken yet, see um it's not broken yet, but we swept into it. This means that we

[18:23] can see we can start seeing this price start pushing up basically start pushing up to this zone or we might push down again and go up. This is like possible again and go up. This is like possible movement we can see from here.

[18:44] Okay, from here now um let's see. So let's go down.

[19:07] currently we currently remove this a supply on we currently remove this a supply on where we currently are

[19:21] have a supply zone here we also have a zone zone above it then the next zone is so you see what I'm talking about we have a supply zone Here these are areas where we can see the price react from this one

[19:37] price react from this one and we have this one here. This is where and we have this one here. This is where we are currently.

[19:51] meaning that you know it's taken out. So this is the you know it's taken out. So this is the one we should not be looking at. If this one we should not be looking at. If this one is taken out up here,

[20:10] through here, then we are going higher. So let me go back. We can have this happen and we go down this way. But if we have this taken out, then we're going up this way.

[20:49] pretty efficient price action. We have a efficient price action here. Meaning that we are likely to see this taken out. This is likely to be taken out. This

[21:04] particular one is likely to be taken out and this zone might just be irrelevant. Okay, since we break into it on the 4 hours is all efficient. Now, where can we take our bearing from? If we look below, we see here a

[21:20] If we look below, we see here a significant demand zone. So this is the demand zone that led to this break. So without even thinking too much about it, uh if you look below again, this is all efficient

[21:37] price action. Efficient. So without even thinking much about it, this will be the first trade I will take. long position from here will take. long position from here to go take um put stop loss here take

[21:51] profit here this my first take profit say 5.0 Z. Okay. But ultimately we can go higher and even go higher to this point to this point. But I'm just going to put it at this 4hour or or daily

[22:06] order blocking. This will be my first trade. But we are on the 4 hour. This is going to take this this might not even play out this week because we're on the 4 hours. So we're going to move

[22:19] So we're going to move lower to the 1 hour time frame. and start making some adjustments.

[22:33] So what adjustments can we make? If you see here my orientation is that this is going to come down. That is what you know I see because of the the the imbalance we have here. See

[22:48] this imbalance here. So I just feel that we're going to come down to this particular zone and this is going to be our entry and we can refine further to get a pinpoint entry when we are there. But currently where are we?

[23:03] So we started breaking structure to the downside. If you look here downside. If you look here we had

[23:19] this way and we broke it again. We're actually here. So, we should keep coming actually here. So, we should keep coming coming down. That's what this tells me.

[23:38] here has been taken out. So, this is your breaker structure here. So, I can go ahead and put the breakoff structure there

[23:50] the demand zone we have here is the whole of this. a whole of this meaning that the trade can be this

[24:05] um a short where is it? It can be a short position from here then down this way. Okay. But it's a very the the risk

[24:18] make sense to take this trade. So therefore, we're going to go down to the 30 minutes to start refining our entries.

[24:35] if you look at 30 minutes, see what I have above here. I have a supply zone here for me.

[24:50] can remove this. Um, now let's go to 15 minutes. See if it can be clearer. Okay, so it's the same thing on the 15 minutes. Even though what we have, we have we have this one cleared out this

[25:05] way. But if you look here, you see that we have a relatively equal high here. relative equal high at this particular point. So equal highs are simply liquidity

[25:19] So equal highs are simply liquidity zones. So I'm going to mark that out. Then uh this even though this didn't actually break structure, this didn't do the breaking of

[25:33] structure. It just swept here. This one too. So therefore this is where I will take my short position from from this zone above here.

[25:56] pretty wide. So right. So this is where my my first take profit will be for this particular coin this particular um asset

[26:20] So this what we're looking at for this particular asset critically. So a long position from here and a short position from this point.

[26:32] The next one we look at we can do USD JPY. We can do we look at we can do USD JPY. We can do GBP JPY. Let's do GBP JPY. GBP JPY. Let's do GBP JPY. We'll call it a day four.

[27:15] have this let mark it out. we have this um demand zone. This is where we start seeing the action from. Okay.

[27:28] So, this seems to be where we are heading to because this is just has been a price action moving up. Um this move downwards didn't actually break below here. If you broken below said we are coming down but

[27:44] broken below said we are coming down but it's it just um GBP against JPY has been pretty pretty bullish. Look at the crazy price action moving forward. So I we're going to attack this zone or attack this one

[28:00] take it up probably then head for this this one. Maybe this is where we'll start going down from again because since we have a very strong pull down from that region the last time we get there years ago.

[28:14] All right. So let's go to daily time frame and make sense of what we're frame and make sense of what we're seeing.

[28:31] I'm going to remove this. Remove this. we have Okay, we have a target above here. We want to get to this place and probably take it out. So, let's see what

[28:44] price action allow us to do because if you look at this, I'm not seeing any supply or demand. I'm not seeing liquidity. It's just okay. This is the last. Oh, I can't even call this a supply zone

[28:57] structure. There's no breakout structure here. There's no breakout structure here. Okay. But the one we can see that is Okay. But the one we can see that is actually is demand zone is this one

[29:11] actually is demand zone is this one because this one did break structure. So we tapped we did a where is it a break of structure here came back to this zone. So we should tap into this zone

[29:46] this [snorts] 4 hours. Can we make sense of it? 4 hours. Can we make sense of it? 4 hours breaker structure [snorts]

[29:58] is no longer relevant. And here did we have a break? Let's see. had a break. And

[30:13] below that, what do we have on the 4 hour? We have this supplies in demand zone. Has it been taken? No, it has not been taken.

[30:38] this. Okay.

[30:57] There's one here, but this one has been taken filled by this. So this is the only open one. Let me refine it. This is the only supply zone that is open. Demand zone rather not supply zone

[31:14] open. Demand zone rather not supply zone that is open. We have this down here. that is open. We have this down here. and over here I can call this and over here I can call this a break here a break to the downside.

[31:34] So basically we have this small retracement we pulled up broke here inducement broke again then here I think we're coming down

[31:46] we might just be doing to go up from here so basically might just be doing like this this to keep coming down right even though we didn't really have we don't really have structure here to

[32:01] look at. I don't know if you know what I mean by structure is structure here unless I want to mark this out as a break

[32:17] take a short position from to come down to the zone. So I'm just going to move down to the 30 minutes time frame.

[32:39] Yes. So this is a trade I'll be in. This is actually filled but This is actually filled but we're coming down from here basically. So this is a trade to be in. I move this to this point.

[33:15] this is meant to be this is a trade. So uh we just missed it by a couple of by 30 minutes. We miss it straight by testing it because you can see there's a gap here

[33:29] and this a short position from here short position from here. This would have been the first target.

[33:44] Second target. So what can you do here now that we have So what can you do here now that we have seen this? Um once a trade has passed my entry, I don't try to force to enter it. I look for other opportunities. If you

[34:00] look here, um we dropping. If you look here, we um we dropping. If you look here, we have like this, this, this, and this. So what I will look forward to is to see here broken.

[34:13] here broken. If this is broken here this way, then this will now be the secondary entry. This is next entry. This one.

[34:31] So, I'll take a short position from here now.

[34:46] if this gets broken then this will be retracement then this will be retracement opportunity to go lower. I can still go ahead and make this my second take profit to the first one.

[35:08] to go lower actually 10 minutes time frame to see

[35:27] still very relevant this a trick let me see if we can this a trick let me see if we can okay

[35:51] Let's see. Uh

[36:17] forms a new liquidity here. So I'm going back to the Euro USD. back to the Euro USD. This actually forms um I haven't taken this. I need to end up and take trades. So but we are still

[36:31] here. So that is why you have to when when taking your when um you should always leave a little clearance.

[36:45] clearance. That's why I leave a little clearance here. But this trade is still very valid. Sometimes we have a little sweep before we go. But this forms a new liquidity here which I'll have to investigate again before entry because I

[37:01] haven't entered actually. And we have this one is still um J is still this this one is still um J is still this way. GBP is still this way. way. GBP is still this way. Let's go to crypto. Okay. This was a

[37:15] Let's go to crypto. Okay. This was a trade I missed. This was my analysis and I never got an entry. I didn't get an entry, but Bitcoin did just go the way

[37:28] just go the way um analyze. Just that the entry didn't come, but this is gone. Anyway, let's go down to

[37:40] the time the let's start from the weekly again.

[37:53] So this is Bitcoin etc USDT.

[38:13] Okay. So what do we have price action we have? I'm looking forward to this one which is $79,000. $79,000. This I'm looking for 7 within 79 and

[38:29] 68 is where I'm expecting price to start, you know, going higher from. So, I'm going to go down to the daily time frame to

[38:43] still look at it. I'm not changing much from where I was, weekly from the weekly time perspective,

[38:58] we have actually filled into this demand zone. Okay, we'll fill into this demand zone, meaning that we can start actually start going higher without filling into this particular demand zone below here if we see enough confirmation, which is

[39:14] what I'm going to look forward to on lower time frame. [clears throat]

[39:40] So what I want to see is something like this to to confirm that we are now, you know, set to go higher.

[39:54] Looking at it the way it is, I was looking forward to an extra leg downwards that now confirms that we can go high. But I'm not seeing that extra leg meaning that

[40:15] further. But from the from the daily time frame perspective, this

[40:29] zone is one zone to look at. The next zone to look at is this particular zone. That's from the from the daily time from the daily time frame perspective. Meaning that price can react from any of them. Price can react from here. It can

[40:44] also react from here. So that said, we are going to even go So that said, we are going to even go lower to 4 hours now lower to 4 hours now to see.

[41:07] initially I was expecting a move a move down this way that now confirms that we are good to go higher. But the way it is right now,

[41:20] I've not seen a structure that that says that we are good to go higher. So therefore we might still hit 100K from here and

[41:32] we might still hit 100K from here and still go lower maybe from here we can now go higher. So that is what I I'm looking forward to So that is what I I'm looking forward to for crypto and we have so many places

[41:45] not filled. Yes, we had a breakout structure here because this um high led structure here because this um high led to this low. We had it break here. I to this low. We had it break here. I didn't get entry into the zones. I I was

[41:58] looking forward to them. I didn't get an entry into this zone.

[42:13] So the question is can we is it possible to get entry again? I'm just going to mark this out. Mark this from this zone

[42:38] So this is meant what we have above here is meant to be an entry from here into this zone. Okay. But um let's take into this zone. Okay. But um let's take a let's take a look at it.

[43:01] here, you can see that we have here that is not filled. This a demand zone not filled. This also This a demand zone not filled. This also a demand zone but it's not filled.

[43:21] This suggests that we can come down lower. But it's not a trade I'm going to take. What I would rather wait for to see here is that same confirmation. If I say confirmation,

[43:34] then yes, that's when I'll take this trade. If not, I won't take this trade trade. If not, I won't take this trade because if this breaks above here,

[43:51] then we're not going to take here. We just keep going higher. Let's go to the just keep going higher. Let's go to the 1 hour and see what we can trade here. 1 hour and see what we can trade here. So

[44:07] if you look here these are all efficient zone very efficient. So therefore I can mark this here. I can mark this top.

[44:24] Okay. So if we break into this particular If we break above this then we're going higher. That is just it. We're going to attack this. If we break above this particular line we have actually put an

[44:38] alert and we're going to this particular right there. We're attacking this. If we don't break if we don't go above it. Let's say we did we did this on the lower time frame here then yes we can go lower to this one.

[44:54] So, I think I'm just going to wait to see what happens in this zone. I want to see what happens here. Let's go down to the

[45:06] Let's go down to the 30 minutes.

[45:29] and see what happens here. It's as simple as that. Wait and see how price reacts here. That will inform the decision I make lower. 15 minutes. What can we see?

[45:53] price reaction from this. Let's go to Ethereum and do the same thing. I think I'm going to end with Ethereum. I'm going to end with Ethereum weekly.

[46:27] hitting another alltime high. So, possible movement is from here or from possible movement is from here or from here to go higher. That is what the weekly shows me. And the daily is going to put some clarity to it.

[46:45] structure here. We have a breakout structure as well here internally here. So meaning that we could see a reaction from here

[46:58] we can see. So from the from this breakoff structure perspective we can see a reaction from here we can see a reaction from here and from this one perspective we can be

[47:12] looking forward to a reaction from higher above. Maybe here or here or maybe simply maybe here. But we're not concerned with that. We're just concerned with this particular one for now.

[47:27] So I think we can still come lower to attack this particular zone or attack this particular zone. Let's just go to the 4 hours. In the Let's just go to the 4 hours. In the meantime,

[47:52] >> [snorts] >> What do we have? We have an unfilled >> What do we have? We have an unfilled demand zone.

[48:18] We have an a fair value gap area an imbalance here.

[48:34] we have a price break into an efficient zone here. or this suggests that we're going higher but

[48:51] we come into this zone to go higher but we're already here. So possibilities is we're already here. So possibilities is this that we just break through into this that we just break through into this zone

[49:06] and keep going higher. Okay to this zone. this zone might might turn from here or go higher from here. This one possibility. Another possibility is that we actually come down to this zone to go higher.

[49:26] So we're going to go down to the 1 hour time frame to see what trade the 1 hour time frame to see what trade can we take irrespective.

[49:42] irrespective because the price action is not really sweet you know sweet. you know sweet. So here we have this top.

[50:04] action. At this top we have this

[50:16] here is it's an efficient zone. Okay. I want to see what happens in this zone if I can make a decision. So we might

[50:28] see a break into this zone which now suggests that if we see a break into this zone especially with good momentum then we cannot see a pullback to go higher. Okay.

[50:51] to wait to see what happen here. I won't make any decision until I see um the price action in this particular zone. Another coin I like to look at is BNB. But I think we have come to the end of

[51:06] this analysis class. See you on Discord. For those who are on Discord, I'm going to be dropping more setups this week. See you in tomorrow's meeting. If you haven't gotten into the challenge for

[51:20] Christmas, use the link in the description to do that. And I also see you on Telegram this particular week again here on YouTube. I'm going to see you guys YouTube and Twitter. I'm going to see you guys on Thursday for another

[51:37] live to look at how some of these analysis we did actually perform. Have a analysis we did actually perform. Have a great trading day, guys.