Live Forex & Crypto Trading Analysis — Full Breakdown & Transcript

[00:02] So, we're looking at we're going to analyze three forex pairs and two crypto analyze three forex pairs and two crypto pairs. We look at Euro USD, GBPUSD, and GBP JPY. They go to Bitcoin and Ethereum. Maybe we'll add BNB depending

[00:16] Ethereum. Maybe we'll add BNB depending on the time we have. on the time we have. [snorts] So, I'm going to go ahead and share my screen now.

[00:38] If you haven't joined our challenge, we're in the final we're in the final final um week. final um week. You can still join.

[00:55] Euro USD. You can see this one went well. didn't hit we didn't hit entry. So, I'm just I'm just going to go ahead and

[01:08] just I'm just going to go ahead and delete this so we can get to delete this so we can get to it for today.

[01:43] and analyze the I'm just going to close this. this. We don't need it.

[02:12] you know cutting the interest rate on the dollar and that means the dollar and that means oh I see labor is in Lagos Nigeria so rate basically means that um the interest rate on the dollar is being

[02:26] caught. So is basically to stimulate the economy. is basically to stimulate the economy. But that's the effect it has on the US on on the dollars is that it makes it weaker,

[02:40] you know, to other currencies. So you can see the euro is reacting to that. I was actually expecting it to be like, you know, the the the um I was expecting to drop first, Euro US to drop first,

[02:57] Euro US to drop first, like drop first, it just started moving up, which is fine. So, let's just basically dip into fine. So, let's just basically dip into what we have here.

[03:26] move from here to this, but we can see we didn't get into that. We're just going higher. So, therefore, we're going going higher. So, therefore, we're going to analyze and see what we have here.

[03:39] to analyze and see what we have here. So we are going to attack this high. I believe we're heading for this particular high.

[03:51] Or maybe I should start with this particular high here. This one. particular high here. This one. So this is the weekly high.

[04:15] And I'm going to mark this as a weekly low. the price action for the week I expected to occur within this range.

[04:31] Now let's go to the four daily time frame. Now on the daily, what can we see? We saw a low here.

[04:50] a push to this point. So this is clearly a breakout structure here.

[05:09] on this particular time frame we see that the the movement is efficient. This is the supply zone that led to this breakout supply zone that led to this breakout structure we have here. So this becomes

[05:23] structure we have here. So this becomes my region of my zone of interest. So with that in mind and if we go above you'll also see that here. Okay, this one is this one is let me see I want to see if this is if is sticking out.

[05:40] see if this is if is sticking out. So I'm going to zoom in.

[06:01] leave it there but let me just take it out. What is important is that we have out. What is important is that we have this zone.

[06:15] Okay. So daily time frame what I can see here is this demand zone and from there we can go to the 4hour time frame time frame to begin to flesh this out. So on the 4

[06:27] hours I can still go and mark this zone above here. So it becomes clear that this is a zone of interest. So we can see the market the market can reverse from here

[06:42] reverse from here and if we have we might possibly see this the movement downwards to this particular zone.

[06:57] Okay. Now I'm going to mark out another demand zone which is the one below here. If the market comes down, if the market doesn't respect this particular zone,

[07:33] bounces from here. Another possibility is that we have it come down all to this to this zone and bounces from here. But the one I see happening more

[07:45] the one I see that is likely to happen is is this one. This particular this one because this is a zone here that led to this structure. This one took a long time but this one

[07:59] This one took a long time but this one in just in few hours you can see it did in just in few hours you can see it did break this structure.

[08:20] we're going to refine this on to this point.

[08:34] So this might just be our trade for the week. A retracement to this point and week. A retracement to this point and uh we see and a retracement to this point and a possive move to this particular zone.

[08:49] So now let's go to the 1 hour. So the 1 hour is where we start looking So the 1 hour is where we start looking for entries for for swing trades. Start looking for entries there. For day trades, we can start going lower to the

[09:03] 15 minutes time frame. Okay.

[09:25] Okay. So now what I could draw here is this. This might just be the region where we see a retracement from. Okay. So I'm going to call this the 1 hour demand zone.

[09:46] Why here? I'm going to maintain it as the 4hour demand zone. But I will still keep an eye on this one. This particular one

[10:13] Now if you look at here we still have on the 1 hour this is another demand zone that will come in that you know

[10:25] that is of interest. So what can we have here? We can have like I said this here? We can have like I said this market needs to hit this point this zone that we marked at earlier. We don't need to refine it until we

[10:40] actually get there. Let me see. Do we need to refine it? the to the closest one. This one here.

[11:04] There's one. There's another one above, but we don't need to get to that point because we're still far from that point. So, this becomes our target. This one. So, possible movement is this. We'll go again. We have a movement downwards. So,

[11:19] again. We have a movement downwards. So, this zone and we'll move higher or let me remove this. Now, we can break below it.

[11:31] do this and move lower to this point and move higher or we can also break this then move higher from this particular zone. Let me show you what I mean. We can also do this.

[11:47] We can go below this then go below this. then go below this. Okay. Then move higher from here. So how do you know if this is going to be respected or not?

[12:02] What we basically look for inside this zone is what I call the confirmation entry. So you want to see a confirmation entry in this zone to take this entry in this zone to take this particular trade.

[12:21] entry on the lower time frame 15 minutes 5 minutes in this zone in this zone to take a trade higher. If not uh we just maintain we just wouldn't take not wouldn't take this trade.

[12:36] this trade. Now what can we trade? Now what can we trade? We can look for entries to take this trade to this zone

[12:49] on the lower time frame now on the 15 minutes. So, first let's go to the 13 minutes. So, first let's go to the 13 minutes first and see lower. Okay, if you look at the 15 minutes

[13:03] here, I see that here this 30 minutes by the way. I see that here we have a breaker structure here.

[13:15] structure here. Okay. Then above that I don't see any demand zone. The only demand zone I see is this one which has been taken already by this. So let's go to the 15 minutes time

[13:28] frame. on the 15 minutes. on the 15 minutes. If I mark this out, it's a demand zone, the supply zone rather, you see that it has been taken by this guy.

[13:44] has been taken by this guy. Okay. Then above it Okay. Then above it or just here

[13:58] perfectly equal. But if you look at this other supply zone here, this one,

[14:20] what I'll do is to move lower to because my orientation now is to have this go down. My orientation like my bias rather is that we should have this market go is that we should have this market go down to this point. There's my bias.

[14:39] from. Let's go down to the 10 minutes. we can refine this to this point.

[14:56] to this point. We can also refine this to this point. Okay. So, this is going to be my trade for the 10 minutes because this is here.

[15:09] You see this box that we have here? This orange box is the Asian session, right? Sure is going to end in the next two hours because the next 1 hour 4 minutes is going to end. So I like to see the

[15:26] Asian high taken out see a drop down. So how can you take this trade? One is simply this is to place a short

[15:39] position. Take a short position from here. I like to cover all the way to this high.

[15:51] Okay? Because the market can shoot up to that high and the target is going to be this low. It's a 3.8 It's a 3.8 3.8 um 9 risk toward ratio.

[16:31] still. So this is 10 minutes. I could wait to see the market hit here. Maybe it does this, does this, does this, then breaks below.

[16:45] Then if you watch here, you can see that this is a breaker structure. This a breaker structure here. And because we have this breakout structure

[16:57] here, we have this breaker strap to the to the upside first. Let mark it out. We have this B to the upside. this one.

[17:11] a break break upward break downward. This then becomes my entry. So two ways to enter this trade is one to just wait for place a limit order here to go low.

[17:25] for place a limit order here to go low. Two is to place wait to see this move on Two is to place wait to see this move on say even the 5 minutes time frame. Then so that is a safer way to end enter but the downside is that you can miss a

[17:38] trade. So wait for confirmation to enter or just place a limit order here. If you wait for confirmation and it does give a confirmation you get a better risk toward ratio. You can be getting like a six or even a seven risk toward ratio.

[17:52] If you enter here you're getting a a smaller risk ratio 3.89. But the thing is that this might play out but the confirmation might not play out. So looking at this, this is going to be the first target. Second target is this

[18:09] and of course third target is this particular one. So this what I'm looking at for Euro USD. So I I see a possible reversal like from here if we get a confirmation entry here we can go higher. If not we are

[18:23] breaking lower. We can get confirmation here and go higher.

[18:45] I'm going to clean out some of the things I drew last week.

[19:06] Okay. So, we're going to the weekly now. Weekly time frame.

[19:20] of to happen. I was expecting um the price to get to this point. But the rate cut news made that not happen. We just started moving higher. This is a region I was looking forward to

[19:35] retracement actually. But so we're going to investigate that to see if there's a possibility we have that done. So with regards to price action, um I think with regards to the range for the week, I think I'm going to take this

[19:51] upper boundary, but it's really far off. I don't I don't but it's really far off. I don't I don't see it happening anytimes.

[20:43] want to see trade. So let's go to the daily now.

[20:56] daily. If I remove this on the daily time frame, because I believe that we might see a reaction from here one day because of this um big fair value gap we have here.

[21:38] on the daily we have this zone here is a supply zone for a possible reversal we're currently in one. This is another zone.

[21:51] zone. Here

[22:03] where we can see reversal from. And if you check out this is a demand zone

[22:15] for a possible it's a zone of interest

[22:43] Looking at this from the 4 hours. So this demand zone we had here on the 4 hours, you can see you now see that it is an efficient zone. There's no other is an efficient zone. There's no other block here. And since we are here in

[22:59] this zone, we I it's it's it just says that we're going to go higher. Basically, it's tap into that efficient zone. Then my orientation is not down. My orientation is keep going higher. And if you look at

[23:14] here, I can consider this a swing high. I can consider this a swing high. This swing high.

[23:44] I want to call this a breaker structure, but it's not a real breaker structure. Maybe on the micro side. So [snorts] this push upwards is what it

[23:56] basically swept. It not really broke anything. Anyways, so I'm looking forward to a reversal from here. A reversal from this point. Okay. To go higher.

[24:11] Okay. To go higher. That is what I want to see. Um I am not quite interested in this one here. Yes, we might see a possible reversal from here as well,

[24:27] one. Now, let's now go to the 1 hour. There is another Okay, there's no other zone here. So, possible movement I see

[24:39] zone here. So, possible movement I see is to see this go down this way. So even on the 4 hours we can see that we have a supply zone above here. So we we have a supply zone above here. So we have a supply zone above here.

[24:55] have a supply zone above here. Mhm. so on the 4 hours I can even start so on the 4 hours I can even start looking for short position from here

[25:08] this way. And this is going to be my first target. which is pretty 5.8. Let's go to the 1 hour and confirm that.

[25:32] optimize this. So this is this is it now. This is optimized version of this. Let's see.

[25:56] can optimize this to this zone. Okay. So this simply says that this is where I want to enter from. But if we miss it means that this is a want to take a

[26:11] reversal from. Is there any other thing that is going to support this? that is going to support this? So this market can reverse from here

[26:23] to go lower. It can also reverse from here. These are just the two possible entry. But I see it going down. So what do I expect? a movement up from here to this point and we reverse. If we miss this,

[26:39] then this would now be the place we looking forward to reversing. What I'm looking forward to reversing. What I'm trying to say is that we can have another possible entry from here if this other one is missed.

[26:52] other one is missed. Yeah, possible trade we can take? This is this is a possible swing trade we can take.

[27:05] But let's go down to 30 minutes first to see is there any other thing

[27:21] in terms of price action. There's really nothing much to do here. down from here. Looking at what? Looking at this.

[27:35] Looking at this. We have a breaker structure here. We have a breakout structure at this particular point.

[27:49] particular point. And we also have a demand zone here.

[28:06] also another possibility having this go down from here. But I'm just going to stick with this particular one. This one.

[28:27] think if see a a confirmation entry from this point as well. I think I'll just consider this. So this one is going to be based on confirmation entry while this one is more of a risk entry

[28:41] while this one is more of a risk entry trade for me.

[28:58] I think I did this analysis on on Thursday and it played out pretty well. This is the confirmation entry I talk about all the time.

[29:10] about all the time. Let me show you what I mean. You see a movement upward. This broke this first Then we're looking for this low to be taken out.

[29:26] And you see this low taken out at this particular point. So this is the entry when the market came up here. And see it just flew down. If you want this trade,

[29:39] this another entry possible entry here. Okay. But this happened um very early this morning. So this is a standard confirmation entry. And let's see if we can see more trades. But first I need to clear all

[29:53] this. I need to clear all this.

[30:30] >> So we have been in the upward trajectory for GJ for GJ for some time now. We just been going up

[30:45] point I see as point of reversal. But if you look at as point of reversal. But if you look at this

[30:59] we did break structure here. Let's see from this point to this point. structure that is on the weekly time frame. But I know I still will still

[31:11] have this particular zone. So we are possibly going to look for a reversal somewhere then go higher to take out this particular hand. So on the on from the weekly perspective, this what you should be that's what I see.

[31:26] And if you look here from the weekly perspective, this is also the this here is the

[31:39] demand zone. So demand zone we can possibly see this from this zone. We take out this. So from the weekly this is showing us okay this what we can do. So that said, let's go down to the daily to

[32:00] So on the daily, we can refine this to this point. this point. And this looks good because we have an equal low here, which is basically liquidity.

[32:15] start looking forward to a short position to bring this lower. So this takes us to the 4hour time frame.

[32:42] look at here. This is the low you want to take out. confirm that downward entry. So, I want to see this low taken out. Before we

[32:56] to see this low taken out. Before we confirm that we're going lower. If it's not taken out, it might not be going lower.

[33:13] I'm just going to mark out the supply zone. This a possible area we see a reversal from

[33:25] a reversal from possible area for reversal is from here. Now 1 hour to see it makes sense

[33:41] on the 1 hour we confirm that this is our breakout structure. This one. structure. And this another one here. This a small low

[33:58] this another one here. This a small low that we broke. structure and simply just forget about this one here.

[34:11] this one here. Then where is the zone that led to that? This is the zone. This particular demand supply zone is what led to that breakout structure. So from a swing trading perspective, I can just go ahead and

[34:25] perspective, I can just go ahead and place a short position from the here. My place a short position from the here. My stop loss at this high and my um

[34:37] my takerit I can just simply put it here. here. So I'm expecting this to happen this and this.

[34:52] perspective. actually trade this higher to this point. Like we can look for opportunities to see how I can trade to this point before we get here to trade

[35:05] this point before we get here to trade lower. What is the trade I will place? Like it's a trade I would take

[35:17] because currently we have broken through this. We're basically in an efficient um zone here. So let's go to the 13 minutes and see if So let's go to the 13 minutes and see if there are things we can refine.

[35:31] What can we refine on the 30 minutes?

[35:43] So nothing basically nothing. This remains my trade basically nothing. This remains my trade on the 5 minutes any nothing

[35:56] on the 15 minutes. I'm still going to keep this this way.

[36:14] [snorts] This will be my setup for GBPUSD. opportunities like on the lower lower time frame like 5 minutes for example, 5

[36:26] minutes. We can start looking to trade this higher cuz this if we see this taking out you can start looking for opportunities to say okay I'm taking long positions from here from and from here I can now

[36:41] start looking for short positions to go lower. So this is this on the this is a possible trade we can experience on on um GBP. So I've go ahead to talk about

[36:54] Euro GBP USD and GBP JPY. Now let's go to Bitcoin. I know some of you are waiting for Bitcoin. So we're going to go to Bitcoin. Um

[37:28] from the macro from from the macroeconomic standpoint, macroeconomic standpoint, it should be going up. Why? Because we had a interest another interest rate cut.

[37:40] Uh we might get another one next year, we might not. But from just from the fact that we've had like two interest rate courts, it should be going up. But right now, we did kind of go up on

[37:56] that particular day and from there it been it's been dropping. So this could mean that Bitcoin want to retrace to a zone where it's comfortable to go up or you just want to take some people out first. So what I'm going to

[38:11] do here is just simply clean this make this chart clean. So we'll start again and we'll start from the weekly time frame.

[38:48] Yes. Okay. Yes. BTC USDT is the same as BTC USD.

[39:30] this region and this region is where that is the 8078 see the boost really coming from but if you

[39:43] look at here you can see that Bitcoin is stalling and this is also a demand zone from the weekly time frame let's go to the daily

[39:57] let's go to the daily from the daily.

[40:18] Okay. From the D, I think I drew this earlier. I'm looking for a confirmation from here. So basically just looking at this here I feel that bitcoin would need to come down more or might see a movement upward

[40:31] first to this zone then we'll come down to this zone before actually going up. I think this is what could possibly happen. Let's go to the 4 hours to start

[40:43] making sense of that on the 4 hours. If you look at here this on the 4 hours. If you look at here this is a high this high le to this low. So I can mark this out from this top all the way to this point. So this is my

[40:58] breakout structure. So once you see a breakout structure, the possibility is that we'll move in that um we'll move in that direction. Now below that breaker structure we have

[41:15] Now below that breaker structure we have this demand zone here and we have another demand zone below it

[41:30] and we have another demand zone below it which is this one. that has been taken. I would have loved to see this one taken, but this one

[41:45] seems to be the one that led to this particular break. The push was massive. We saw this break from there. [clears throat] So, what I'm looking forward to now is to see if there's a way to enter trade

[41:58] here to take this to this point. So for that we'll go to the 1 hour now to start looking for possible entries. possible entries. Okay. Can we refine this?

[42:13] Okay. Can we refine this? Maybe a tiny little bit.

[43:01] do we take it from? Looking at this one too. It's another Looking at this one too. It's another possible zone. Another zone here. H.

[43:23] see this high taken out. This high needs to go. This high needs to go. Uh because of we have a lot of zones to trade from here, have a lot of zones to trade from here, here, here to take this higher. It means

[43:38] I need to see this high go before I take a trade on Bitcoin. So I'm going put an a trade on Bitcoin. So I'm going put an alert there.

[43:51] before we take a trade on Bitcoin. We might still see

[44:03] there's a number of possibilities here. So, one is this which I I likely I don't see it happening. I'm not going to take this particular I won't take this entry. this particular I won't take this entry. I would not take this entry.

[44:16] internally here. But the thing is we have a zone that has not been taken here. We have another zone here.

[44:32] So another possibility is that we go lower actually to the zone. Then here I lower actually to the zone. Then here I want to see confirmation to enter.

[44:46] from. These are the are the these are the two place I'm interested in. So, I'm the two place I'm interested in. So, I'm going to draw them out. So, one is that going to draw them out. So, one is that we'll see a confirmation from this zone.

[44:59] Okay. To take this trade confirmation here, I see this as being the most likely thing to occur. Another one is this one. This one will occur. to consider this zone

[45:15] this particular zone to consider it I want to first see want to first see this high here taken out that is the that is when I can consider here to go higher from here if this is not taken

[45:29] out I'm just looking at this and I'm looking at this right let's go to the 30

[45:46] possible entry. You know, 30 minutes here, 15 minutes.

[46:11] So I'm sticking to my high time frame analysis. plays here but I think they'll just all they'll all be scalping activity.

[46:23] okay I want to take I want to take a trade here and go to this point but the very low time frame. Let's say the 5 minute time frame. We go down to the five minutes, we can start looking for, okay, um, all right,

[46:39] okay, um, all right, this looks good, let me take a trade to bring this maybe a possible lower to this particular point. But I don't think I want to trade that or if we see this broken

[46:54] or if we see this broken quickly take a short a short position point. These are just very low time trades. we could take trades. we could take if you don't want to wait for

[47:09] um this to play out on the higher time frame because on the higher time frame I don't even see a trade to take today for Bitcoin unless you really go lower. I'm Ethereum and do the same analysis for Ethereum.

[47:31] So, I think I'm going to go ahead and erase some of this stuff.

[47:48] in line. So, weekly time frame is still playing out the way it's expected. possible um reversal still remains from here. reversal still remains from here. Ethereum can go down to as low as

[48:02] Ethereum can go down to as low as 18 something.

[48:17] Okay. So, Ethereum from the weekly time frame perspective can still see it go down to this point. So we can still see it do this So we can still see it do this and go down

[48:33] there can come down to this then we can see it now maybe maybe that's when we experience the the real bull when it has come down to this point daily

[48:49] start refining on the daily one refinement is to this zone. Another refinement is to this particular zone.

[49:36] We've had a break. We're coming from We're coming from Let me mark this out. We're coming from this zone. Okay. So, which is fine.

[49:51] Okay. So, which is fine. We're coming from a demand zone. Then we can start drawing out things. [clears throat] [clears throat] We can draw this one out

[50:05] as somewhere we can possibly take off from. If you also look at this here,

[50:28] this zone here broke this structure. But you can see this zone is not respected. We are in this particular zone. This candle seems to be a quite powerful candle. This is actually a very big demand.

[50:40] demand. So that candle is quite a big demand. So we could see a reversal from this particular point to go higher or we come lower to take this but or we could come lower to take this. Let's go to the 1

[50:53] lower to take this. Let's go to the 1 hour to make sense of it. this zone still stands this particular week.

[51:06] week. Um nothing is happening here. So on Ethereum now let's look at this. So we have this high here.

[51:20] So this looks clearer on Ethereum than with so on Bitcoin with so on Bitcoin and we have this low here.

[51:34] Okay. And we had a breakdown here. And we had And we had a breakdown here. And we had a break above low high. Okay.

[51:46] We had this break here. Even though this is still it's not a proper break. Now if it was a proper break break now we're expecting something like this. We

[51:59] confirm this on the lower time frame as well. Let's go to 30 minutes now. And I think I want to And I think I want to remove the EMA.

[52:17] Okay. So, we can now refine this to this point.

[52:31] So, this becomes a possible place for a reversal. possible place for reversal as well as this.

[52:52] But from the lower time frame time frame perspective, we might see a trade coming perspective, we might see a trade coming from here to make this happen.

[53:05] looking for from here. Let's go to 15 minutes. On the 15 minutes, I still don't quite get I'm looking for a break. Okay, this get I'm looking for a break. Okay, this is a sweep. I don't work with sweeps.

[53:25] This is my possible trade here. A long position from here. have a proper break. Again, this is not a break. It's a sweep. If we have

[53:39] another leg, another movement upward that give us a break, then this will not be a trade that I willing to take on Ethereum and start looking for a Ethereum and start looking for a reversal from this zone.

[53:53] Okay. Somebody said that um I have not been added to the Forex group for two weeks now. So I'm going to just send me a message on Telegram.

[54:12] group you're meant to. So I'm I'm speaking to ZBK now. Just send me a message on Telegram. My handle is at World

[54:27] attend to you personally. If you can do that this morning, great. Um, that said, I don't think I can take questions. I need to attend something quickly. Uh, but if you have questions, I'll be

[54:42] holding a live on Thursday by 4. Just be here. We'll talk about more things. strategies or to explain the strategies better so you can ask your questions then. Um,

[54:54] other than that, I'm going to see you guys see you guys on Thursday here on guys see you guys on Thursday here on YouTube by 400 p.m. West African time. YouTube by 400 p.m. West African time. Bye everyone.