Friday 3rd of June

Good morning folks! I hope you’re well!

I executed two trades this am, so let’s break them down together

FX Trade Update

AUD/CAD

We have a clear area of demand (a counterzone) with a nice weekly stack – the main issue here was that we saw a lot of sideways price action before this entry, the range is quite interesting, but let’s see what happens. No hourly scale ins were available

https://www.tradingview.com/x/TwV18YNZ/

Looks like the screenshot quality is really low so here’s the link

GBP/AUD

Pound Aussie also offered an entry- the daily has quite a clear zone, I’m happy with it, the daily is forming a triple bottom that’s the only issue I have with this trade, the 4hour chart does look rather good!

https://www.tradingview.com/x/XWcYIZ5o/

FX Watchlist

AUD/CHF

Clear area of supply, let’s see how it goes!

AUD/JPY

Clear area, however, it won’t be the most recent zone so I won’t search for a script entry on a reversal

EUR/AUD

Clear area of supply, broke the trendline – let’s see how it goes!

EUR/CAD

Remains on my watch

EUR/JPY

Clear area of reversal let’s see how it goes!

GBP/CAD

Clear double bottom formation on the four hour

USD/JPY

Clear area of a potential reversal

Take care folks!