 Good afternoon. How's everyone doing? And if you can hear me, you can see me okay. Just put it into the chat. Let me know that you're here. Let me know where you're joining me from. I love to know where is everyone joining us from. And if you can see my screen, you can hear me okay. Put it into the chat. Let me know. Good afternoon. Good afternoon. Good evening. Good morning. Where are you joining me from? Hi everyone. Hey Adam. Hey Andy. Hey Richard. Thank you for putting into the chat. You hear you see me okay. See the screen alright. Perfect. Fantastic. Thanks for that. I'll give it a minute or two before we get started and as everyone streams in. Hey guys, if you can put it into the chat. Let me know where you're joining me from. I just love to see the different places that are reaching out towards. Hey sorry. Hey silly. Okay. Fantastic. Keep it coming. Keep it coming. If nothing else to do, just put it in. Let me know. Hey all four. Today we are going through the Ultimate Forex Trading Masterclass. We'll be doing the live trading analysis. Quite a number of news to be had for this week. So it'll be quite an interesting session. Hey Jojo. Hey Felicity. Good day Dom. How are you doing? Alright one minute and we'll get going. Wow we're really getting everyone from everywhere. Fantastic. Keep it coming guys. Let's get started. So keep it coming. Where are you joining me from? Well we'll be doing today the Ultimate Forex Trading Masterclass with Tick Mill. We'll be doing a live trading analysis. So what I'll be doing is I'll be sharing with you my thoughts, ideas, opinions about the market. I will be going through some fundamental news. Alright we do have some news to be released for this week. So we're going through the fundamental news first and then I'll be looking into the charts to identify some possible trade setups. Alright but one quick disclaimer is that the material provided is for informational purpose only and should not be considered as investment advice. So to use information or opinions expressed in the text solely belong to the author and not the author's employer, organization, committee or any other group or individuals or companies. Alright so what it means basically is that I will be sharing with you some possible trade setups. If you do jump into those trades, please make sure you do your own analysis. If you do your own due diligence, check your leverage, check your margin, make sure you're not over trading. Alright. For my experience I do have with helping a lot of coaching a lot of traders. The thing that harms most trading accounts is not so much a bad trade or bad strategies more about over trading and over leveraging. Alright so those are the things you have to pay very key attention to with that said quick introduction. My name is Jin Dao I'm one of the traders here. I do my own trading I full time trader I used to manage a multimillion dollar $20 million trading account. Well, you know we are running the trading strategy clinic, you know I'll be happy to help you. If you put in any questions, you know if any questions put it into the chat let me know. Let me know if you need questions, I will give you my views in terms of a trading strategy, right any help with your training strategy I can help you with that as well. And then, with that I will also share with you how I look at the markets how I trade, what I do. Alright. So, if you have any questions please feel free to reach out contact details are there. And let's get started. Take that away. And here we go. Alright, so I approached the markets a little bit differently from what I normally see people do. For me I look at the fundamentals first I look at the news I look at what could happen where prices could be heading towards first. And then after that I look into the charts to tell me if for example I expect prices to be moving up based on the news based on the fundamentals. I'm showing me that it's moving towards the downside what I do I'll sit out our weight until the charts bounce or look like it's bouncing towards upside, then technicals pointing up fundamentals pointing up. I'll look to buy it towards upside. Alright, so I tend to look for fundamentals first as the overall direction and then I'll look into the charts for the timing of when to get into the news or when to get into the trade. Alright. Okay I see a question that Sean, I'll get to that shortly. So what we've had today. Alright, let me get through what we had today. We had the Swiss CPI data right CPI data month a month. It was a 0.3% expected 0.1 came out at a minus 0.2 so CPI is inflation data. What it means is that we do see or right now we're seeing a bit of a slowdown in inflation growth in the Swiss Frank. So that's why we actually saw here. If you look to the charts on the Swiss Frank oops we just clear all that out to inscrubbles. We see the Swiss Frank pushing towards the upside right on release of the news because hey if inflation is slowing down less likelihood or further rate increases to come from the Swiss National Bank. That's why we see that weakening of the Swiss Frank pushing it towards upside, you know towards that nine almost towards 0.99 right now. Okay, so just based on that news alone. What I'm looking for here on the US Swiss Frank H one timeframe is whether price could come up to test that 0.9965 resistance level. Okay, I'll zoom it out a bit for you. You can see that overall move. If we zoomed out further, you can see that we have a bit of a diagonal trend line supporting price towards the upside hit and bounce quite strongly. Okay, so we first we see that push towards upside with the news indicating that we might see, you know, less likelihood of the Swiss National Bank increasing rates further. So because of all that, and also I'm looking for this to push up previous swing low here, right, resistance level there now that is broken towards the upside. What you could be looking for in this case will be whether we could see that move upwards, right, that move upwards towards that 9965 level. In this case, it could come back down test this level and bounce back up but I find that this is quite a key support level there and also if we did a bit of a Fibonacci towards the downside. You'll see that this key level coincides with that 61.8 fifth level retracement level. Okay, so now that it's pushing up. I'm looking for that continuation towards the upside there. Okay, a little bit late on this move already just because the news did happen to 30pm GMT plus eight it's 530 right now. So a couple of hours ago. So with that might be a bit late, you can see that it's almost a one is to one resort ratio towards the upside. That still could be pushing higher. Yes, this is the Richard this is the US Swiss Frank towards upside there. Okay, so we're looking for this to push higher due to that news that happened there. All right, so we do have a whole bunch of PMI numbers releasing just before this session, but you can see not big changes here happening. There's not a lot of impact on the prices so far. Make next thing to pay attention to is the US manufacturing PMI tonight GMT plus eight at 10pm. Looking at this it was a 52.8 expected to be a 52.5 or it needs to do is stay within that 52 range above 50 for PMI data above 50 indicates an expansion below 50 indicates a contraction. Okay, so what we're looking for is for the US ISM manufacturing PMI to stay above 50 in the expansionary phase, which could lead to some dollar strength coming back into play. Why so is because you can see no other news and if I look into tomorrow as well, not a lot of news to be had for the US at this point so this is quite key. And also, so if I look at the fundamentals first, then I jump into the technicals. Looking at a technical analysis here on the dollar on the dollar index what you'll notice is that it's found a good support here at about this 111.58 level 11.58 level. But also that it's been trading within that range from the previous swing point between 112.62 and 111.58. Okay, so it's been trading within this range. What needs to happen if we do see stronger PMI data for the US tonight. I wouldn't be looking for anything until I see the dollar index break above this resistance level. It needs to break above that resistance level before we could think of further dollar strength towards the upside. How much further could it go. The first level here on the dollar index would be about that 113.55 level this is previous swing high and previous swing low level. Okay, so I'm looking for the dollar. If it continues to push towards upside break above 112.62, could it push towards 113.54 or 55. All right. So, and also that you can see at this point if I had a Fibonacci level in there. Those levels coincide as a 61.8 level right there. So we're looking for this to break above that 23.6 break above that resistance that horizontal resistance and possibly kind of climb towards 61.8. That's what I'm looking for on the dollar index for it to first climb up break above this point and possibly move up towards that 113.55 level. Okay. With that said, pay attention to right tomorrow. Tomorrow we do have the Aussie cash rate Aussie cash rate was a 2.3% expected another 50 basis point increase big another big increase to come from the RVA 50 basis points to bring interest rates to a 2.85% right to a 2.85% So that we expect this already given that it might be priced in what you should do is pay attention to the RVA rate statement. All right, why pay attention to the rate statement is because one of the things that is being considered is that the RVA open that one for you guys said for one last outsize hike before low or governor low slows tightening. So what we're looking at now to commentary on the expectations is that another 50 boy basis points increase tomorrow, and then possibly going to slow it down no more 50 basis points, it might just keep going at 25 basis points after tomorrow. If that does happen right now you're thinking that we're looking at a 50 basis point increase tomorrow and then slowing it down. What could happen here on the Aussie dollar is that clear that out for now. It is currently trading at 0.6 440 right. If we do see Aussie dollar rate increase 50 basis points tomorrow and then a slow down. I'm anticipating that we might see some downside on the Aussie dollar right is a bit counter intuitive that it did increase interest rates and we're looking for some downside. It might be a price in scenario it might be a slow down in future rate hikes that could cause this move towards a downside. Okay, so things to pay attention to key me just do that. Key support level is right here at 0.6365 right 6364 6365 and a key resistance level at about 0.6 526 or 0.6 525. Okay. So we're operating within this range. We look at it just like that we do have a key level there at about 6425 between the lines at this point. What I'll be looking for here is that if we do see if we do see further Aussie weakness because of that interest rate increase. And then the slow down. What could happen is that push towards that 0.6364 level or 0.6365 level. So I'm looking for that move towards that downside. That could happen tonight if we do see the dollar strength come back into play. Alternatively, if we don't see that dollar strength come into play. And let's say if we see dollar weakness. Right. If we do see coming back to dollar index we see it hit and reverse from this point back within this range. What could happen is the Aussie dollar could trade higher right could trade higher towards that resistance level than I'll be looking for selling opportunities. So what you could be looking for is selling opportunity towards a downside, especially if it tests, I'll be keen keen to see a test that resistance and to sell it down, you know something like that towards a downside. I've got one guy with his hand up if you've got a question put it into the chat let me know. Okay. Okay, so with that said about the Aussie dollar for now, trading within this range. If tonight we do see it drop down towards that support level, I would be very careful about trying to sell it down with the news release tomorrow morning. Because, you know, Aussie dollars at a historic low right now so if you do sell it below this point be extra careful, what I'll be more tempted to see will be you know if Aussie dollar could test that resistance again, I'll be more happy to sell it down from that point. So about 0.65 below 0.65 you know stop loss about 3040 pips towards down upside down take profit about 140 pips one is to 3.5 towards a downside there on the Aussie dollar. Okay, that's with the news tomorrow, depending on how it's going to move leading up to that news. So, Sean had a question there, not profitable I need a strategy to trade majors gold and oil. Sean what kind of what's your trading strategy at the moment, you know how do you decide what kind of trades or what kind of entry. Do you, you know put into chat do you. What's your method, what's your method so that you know I can help you with that. While you type that up or look at the next pair. So we do have the Aussie 1130 GMT plus eight to be released 50 basis point increase interest rates. There's job openings but that doesn't usually move prices too much. Next big thing is the New Zealand, right the Kiwi interest rate decision, again, another 50 basis point increase from 3% to a 3.5% right so we're looking at again another 50 basis point increase and pay attention to the rate statement so reason why we need to pay attention to rate statement is because a lot of the current rate increases have been signaled very early on. So this could all be priced in scenarios right here are being that expected to announce a straight rise in OCR overnight cash rate. They will continue lifting the OCR until it's confident there will be sufficient restraint in place. Alright, so a lot more hawkish than the Aussie dollar. So on Wednesday, again, this is on Wednesday with morning 9am GMT plus eight we have the bank of New Zealand the reserve bank of New Zealand. Looking to increase rates 50 basis points. A lot more hawkish because they're not talking about slowing down rate increases, right you're not talking about slowing down rate increases. So with that, then looking at the Kiwi dollar clearing out those lines for now. Again, key support level at 0.5566 level there. The key resistance is at 0.570.5751 was 0.5750. Okay, so those are the levels we're looking at what we're possibly looking for. Again, if we see that dollar strength come into play later tonight or into tomorrow what we could see is the Kiwi dollar trading towards the downside. Alright, with the expected rate increases with the expected rate increases could be looking for a bounce right because they're not talking about slowing down they're not talking about looking for any potential slow down in rates, then we could be looking for a possible bounce off this support level I'll be looking for a bit of a repeat of what happened here. Right, a bit of a repeat of what happened here I'll be looking to buy some I'll show you an example here I'll be looking for that. So, bounce off that support to push towards upside stop loss below that support level at about 550.5546 take profit towards upside towards the near term resistance, you don't have to go all the way either. In this case, coming back again on Wednesday what I'll be looking for is that bounce right I'll be looking for that push, and then towards the upside of that. Okay, so I'm looking I think that Kiwi dollar could trade within this range for an extended period of time looking for it come down hit the support and bounce towards that 57040 level. Alright, so, Steffi, I will get to us 30 shortly, maybe towards the end of the session I'll get there. I'm Sean. Okay, I'm focused on double tops and double bottom struggle with analyzing. Alright, so Sean double tops and double bottoms actually work very well. Right, it works very well. What kind of timeframes you look at it. Do you apply it on to. Typically, what I would suggest is that for double tops and double bottoms, especially in terms of chart patterns. I wouldn't go anything lower than age one timeframe so I'll stay on the age for I'll look at it on age one. I wouldn't look at it anything else. I wouldn't look at it too small. Alright, that's one and then the second one is that, you know, also understanding that as you look for double tops or double bottom levels or chart patterns. Those are reversal patterns, reversal patterns tend to have, I mean, counter trend patterns or counter trend trades can work, but they do have a bit of a, the odds are against them right counter trend. 70% of time counter train trades don't work. You know, very choppy sense. So just, you know, possibly add a bit of a trend following standard strategy to add on to your counter trend strategies. Okay, for example, you know, if we're looking in this case, you could see a bit of a top there and then again another top there. So you could be looking at a double top pattern happening at that 0.5730 resistance level. Anticipating that downside, typically what you should be looking for is on to get in only when price breaks below that neckline. Okay, when price breaks below that neckline. So you're waiting, hit, form a second double top as it comes down as it breaks below that point. Then look to sell it down. In this case, you know, you will look to sell it towards that support level. What the trade should look like is something like that, about a 30 pip stop loss, about a 75 pip take profit. Right, and then it comes down comes very close, almost at that level should be looking to get out of that trade. Okay, so double top double bottoms can work. So if I try to, in this case, like if I see a double bottom here, I wouldn't look to buy it up because of that big, significant downtrend on the key dollar. So I'll be looking for double tops for a continuation, rather than a big reversal towards upside. Okay, I'll show you one more example of a double top. So it's Frank, this was a trade that I love that was sharing with another group previously, you can also see a double top here one. And again, two, and then it breaks only when it breaks that neckline. So we were looking at me just take this away. Okay, double top breaks that neckline. So we were looking for the downward move only below that point stop loss about 30 pips again, take profit was towards this level here. Right, so take profit was towards that point. Double top can work. Be extra patient, you know, needs to break that neckline. I think what a lot of traders tend to do is they'll find a double top. I'll submit in a bit. They'll find top bounds top and then they sell almost immediately once it forms. What happens is with a tight stop loss you get stopped out before it comes down again. Great. I hope that helps. Another example there on the Swiss Frank was on age four. Zoom back out you can see again, that level there we had a top, oops, top there and another top, but this one didn't have a neckline it just went all the way down towards that key support level there. All right, so not always that neckline, but you'll be looking for a break off a key level before you look to sell it down plus that double top. Okay, Adam with a question my biggest challenge is how to enter the market and exit. If I apply Fibonacci where do I put the mark at what timeframe. Okay, so Adam, I guess let me just bring on another chart here. So, let me just clear this up. What you can be looking for is how do I enter exit the market. Depends right if you're if you're more of a trend following what I tend to do is look for. First I you know I look at the news, look for the direction and then it needs for me needs to break a level, right it needs to break a level for example in this case, the US yen right the US yen can put this point here has been struggling. Has been struggling to break had been struggling to break above that 145 level. Right, you can see, hit 145 turned down hit 145 turned down broke above this was a big intervention by the Bank of Japan came back up and so far stayed below 145. So in this case, if I went to the age one timeframe now. I'll be looking for it to as it breaks above that 145 level right move this up to 145 as a round number, given as broken above I'll be looking for that buying opportunity or look to buy it up, because it's broken above a key level. Okay. I'll be looking for entry points as it breaks above key levels. Exit points as approaches key levels to get in or out of your respective trades. Does that make sense so far, Adam. That's basically our first question, entering and exiting trades. Let me know. Okay, so if that works, then the next point is when to exit. Let's say, for example, you were looking to, you know, with Sean's example we're looking to sell it down because of a possible. Where was it double top. Where would I place the fit on this pair. Okay, if so, yes, if I enter in the lowest timeframe. If I analyze on age four. Okay, so what I would suggest is that if you're entering a trade for example based on the age for timeframe. If you're analyzing a trade on age four, then I would stay on age four, I wouldn't go down into a smaller timeframe to look to enter a trade. If you're looking to a trade on age one, then I'll stay on age one timeframe to enter trade based on age one. So I think the confusion for in this case would be, you know, if I look at the US yen here on age one timeframe at this point, and then I went into the one minute timeframe. So it started looking like it's pushing towards the downside or it looks like it's moving all around, then you get you might get a little bit confused. You might get, you know, pushed in all different directions. So just be a bit careful with that I would stay on the age one timeframe, and then look to whether I could, you know, get into a trade, or to hold on to the next one there. So trade, but what I always love to say is trade what you see. Right, not what you think so say trade what you see as into, you know, if you're looking at age one here, I'll be looking to trade based on the age one timeframe only. Okay. Where would I place a Fibonacci on this point, I would say that before we do that on the age one timeframe if you did that. All right, so you have just going from this current point, this point here on the 29th to push towards the recent high. I would say that we got a Fib level at about 23.6 here, nice round number support there. And then key level would be at about that 145.73 level at that 27.2 extension level towards upside. Okay. If I did a key level from this point down. Maybe that we pushed it towards the downside at 78.6 was why we saw price fluctuate around this level. Right. So we're looking for it to test this level break towards upside back towards the 145.90 level. And then if it goes past that, we could see 147.40. Okay. So how do you place a Fib always from that high to that low on this or also from that low to that high point. All right. A couple of questions there how do I use multi timeframes for good entry, my entry isn't good at all through myself would go in any directions. Again, you know, if you're looking at multi entries or multiple timeframes, bear in mind, you know, look for that. You know, be clear whether you're looking for trend following scenario or whether you're looking for a reversal scenario. Right. So I would say stick on one only go one lower. Okay. So if you're looking at one up, I mean, if you're looking at entering a trade on the age one timeframe, check the age for levels check the age for support and resistance levels. If you're looking at age for check the daily timeframe, if you're looking at anything less than age one, I would suggest stay on age one. I would suggest, you know, most retail traders try to trade, you know, the 15 minute the M one timeframe. I would believe that most retail traders should stay on the age one at the very lowest, because it makes it a little bit easier to trade. If you're looking into the smaller timeframe, for example, the 15 minute, what happens is you get a lot of noise, big spikes, push up in all the way all around so it does tend to get a little bit noisy when you get into the small timeframe. So still an age one, look for setups, look for breakouts or retracements. And then in this case for Solomon, I would say that, you know, age one looking at that point, then you look at age four, see what's the overall direction, right. So you're still looking, am I looking for the upward move to break above, or am I looking for that resistance level to hold and for the reversal back down again. All right, Benson it is, it is recorded, it is recorded. Do you use moving average or you do purely, I do use moving, I do use some moving average if it gets a little bit. Let's say if it doesn't get as clear. But right now with the way the markets are moving. I think that you know, just looking at the fundamentals looking at overall direction the fundamentals, the trend support resistance. Can actually be quite sufficient to identifying good entry levels already. All right. So on the Fibonacci on the downtrend I look for current low and vice versa look for uptrend. Yep. Okay, let me show you an example here on the pound dollar. That was a terrible one. US CAD was a good one. Okay, so the US CAD here as an example you'll be looking at that point. So the upward move, we look from the lowest point towards the highest point. So you always want to look for the lowest to the highest point. If you had this drawn before, then you identify that 23.6 level as a key, you know, retracement level, and that would actually save you as price comes down. Right, this is on a four time frame as price comes lower. You can see it. Let me get that properly comes down hits that level. You know that it's a support level formed by the Fibonacci, then it bounces back up, right bounces back up back to the previous high point again. So you know that's a key resistance level there. Right, you got key resistance level there. And then you know that that's a good support level there because of the Fib level. So you're actually forming those two points. So now you have that range that the US CAD is trading between. And if it breaks above, then we have the next point at 1.4. I wouldn't go all the way there, I would say 1.4 because if I went to the daily timeframe, moving back you can see at 1.4 was a key level that we saw. That was a good bounce off from right so that hit and it bounced at swing high. And that's why at this point now we're looking for that same move likely to trade within this range, but then we could see it bounce back up towards that point there. Can you use Fib on a lower timeframe say 30 minutes 15 you can. Steffi you can it just gets a little bit messy. You can but just gets a little bit messy, because in this case if you look at 15 minute timeframe. Right, it still works. You could do that towards the downside. I'll just clear out some lines. You can still do that towards the downside and still identify your key levels, but it's not as strong as if it were on the four hour or even on the one hour timeframe you can see that move at 61.8 price reacted very strongly at 61.8 again. It does work, just that you tend to have levels of that it might not work as strongly against. All right. I given the will get to Bitcoin and Ethereum after the US 30 first and then I'll get to Bitcoin and Ethereum. Right. Any other questions keep the questions coming enjoying it. Okay, so let's look at us 30 as requested by Steffi. No. All right. Okay, so this one straight away key level there. Right previous swing. This will be in a little bit for you guys. So key level there. All right, and then key level here. And here so it's right now back at that level. So again, if we just did a fit level from this top to this point here, you can see that it comes within this range at a previous swing low swing high pivot points here. What I'm looking for what we would be looking for here is whether price can break above you can see that it tested and rejected came back down bounced off. So whether price can test that 38.2 level and whether it's going to break above that point. If it does climb up it breaks above that 228951 level, then I would say we could see a climb further towards that 50 which also coincides with that previous swing low of 29,000 so quite straightforward there. On the US 30. All right. And all these work on indices such as the VIX. Yeah, but can. You know, these are all technical levels so technical analysis so yes it can work on the indices such as the VIX as well. All right. Let's take a Fibonacci expansion from the minus 27.2 level, could you please show me how you would do that. Let me find something. This case. No nothing there. I would say. I would say that it's ranging so US 30 is it ranging or is it an up trend. I'm pressing something okay. I would say that is actually on a downward move you can see that base on that you know big downward move strong retrace downward move looks like it's going to retrace again. So it says that it's actually not on a uptrend I wouldn't say it's an uptrend I would say that it's a retracement before possibly turning back down again so that's why I'm looking at that key level. And also that key level, where the price is going to go up to those levels and turn back down. That level and turn back down again. All right. So more downtrend but currently retracing. Okay let's look at the Euro pound to start on the question of where is it the minus 27.2. Here we go. Oh, actually, let me just check that again. I just, I just realized that I was on the 15 minute on the US 30. So 15 minute h one on the US 30 h four on the US 30 let's redo us 30 less on a wrong time frame. I would actually still say that we have a key level there. One other thing to pay attention to on the US 30 is that we have that downward channel. All right, so what I would say is that it's possibly going to sit right across this is a very key level. In the daily timeframe you can see the last time we were at this point was back in November 2020 or October 2020 where it broke down from resistant and turned down from this point. Okay, so that's why we're seeing a strong or somewhat consolidation at that level, but the downward channel is still quite strong. So if we do see a bounce, it could test that point before turning back down again, but overall still towards the downside. All right, sorry about that I didn't pay attention I wasn't watching the 15 minute timeframe, still looking for it to react to that 28,850 level, looking still for that downside, you know, overall downward trend, looking for it to push lower. So now back to the age for time frame on the Euro pound. It's coming back down to this point right now. Key level that 8787148710 level is seven zero actually. Okay. I would say that based on this point here. We're still looking for it to test towards the downside. Okay. So in this case, two ways to look at it. One is that we have that big push towards the upside what we could be looking for is whether the Euro pound is going to drop towards that 127 level. Whether price could come down break below that support hit 127 if it does hit 127, we could see some push back up towards that 0.870 level. Okay. And then if you did that move towards the downside again that's at that 27% expansion level, you could see this so I'm looking for price to push down. If it breaks below that support level. First move will be our first expectation is whether price could drop towards this point. In this area, we could actually see it bounce back up and you can see that the last time it came close, you saw that push towards upside as a key. So this will be a key support level at this point here. All right. Make sense. So that push down towards that level before a quick trade backup. Hope I see a question there. Sorry. Great. Fantastic. Next one on the decks 30. There we go. That's my decks. I don't see it. I used to have it there. Okay, there we go. Clear out some lines. At this point, I'm trying to just find where is a good support level. You can see that in this case, we have big swing low here at 11,000 for 64 is currently at 12,000. So now back to the age for timeframe in that consolidation at a 12,000 level. But what you're going to pay attention to is that we do see that channel towards that downside so I do like that channel. Okay, what I would say is that what happens at this point, but pay attention to what happens at that top of the channel. All right. Top of the channel or even that 23.6 level. Okay, so I do think that we might see further downside, but what could happen here is a bit of a Kelvin I just did. I just did zero pound. We just did your partisan. Okay, I'll get the euro dollar. No, it's got me confused for a moment. So that's 30 what we could see is that top of the channel resisting it a little bit resisting the push towards upside, and then turn down, or that also heavily dependent on what could happen on the euro dollars I'll look at that. Shortly, if it does break out of that channel if it does break out. What we could also see is that if it does break out. We could possibly climb towards a 12,000 222 level. Right, 217 level, and then turn back down again so resistance level I would say is top of that range and also possibly towards that 23.6 retracement level. Like that back down again. And then if it breaks past that point we could see it test that 11,464 support level. We bear in mind 11,464 very key level back in October 2020 results we saw it drop very strongly hit that level and bounds actually be more specific. 11,00517 right so hit that level and bounce very strongly at this point I would say, you know, a key level right there. That comes close to that point. I'll answer your question there Elvin, then let's look at. No, not that Euro dollar. Okay. Euro dollar doing very well. Okay, you wrote dollar doing very well pushing towards the downsides trading within that consolidation at this point. So what I'll be looking for you can see firstly that downward is at that 38.2 level is at that 38.2 level. So we're looking for it to reject. You can see that I was zooming a little bit. This came up tested close to that 50% Fib level turning down we're looking for this to close lower wouldn't look to get in right now because I've seen you can see that the last time it tested this point and bounce back up. So I would say that I would only be looking to sell down I'm still looking for downward move wouldn't be so adventurous to look to buy it up yet. So it moves below below 0.975 zero. Right so about it grows 0.79750 stop loss about a 6070 pips take profit I would say, you know, all the way towards the downside with a risk level at that 0.97 level. So there's a push towards the downside be bricks there, especially if it breaks below 0.97 we can see big downward move. But there'll be a point that you want to consider whether you want to, you know, close out the trade or manage it or move your stop loss towards break even what I would do. Look for price to come down towards 0.97 and stop loss goes to break even and then look to try and trade it hold on to that trade towards the downside. All right. How's that Calvin. Is that good with that any last ones last questions. Oh, Bitcoin and Ethereum. Let's do that one. It's actually not too interesting there on the crypto currencies at this point. Hey, Jimmy, look how you doing. Didn't notice you were there. All right. Yeah, Bitcoin, Ethereum not too interesting. Still, well within that range of that 18473 and that title range of 1985 83 I think it's going to trade within this range there are big breakouts. But you can see that those breakouts are usually not sustained big break came back in again big break tried to break out came back in again. So I think that, you know, Bitcoin looking to stay between 18473 and 1985 83 Ethereum same thing same story. Again, between 1243 and 1343. So between those points, it hasn't been any big news any any big stimulus events to push Bitcoin or Ethereum in either directions that's why we see it in a big range at this point and likely to stay within those levels. Unless we see massive shocks from the US FOMC regarding interest rates decisions, those tend to have some impact on the cryptocurrencies but you know likely to stay within this range for the time being no big reason for it to drop below the key levels, and also no big reason for it to rise too strongly either. All right. Lucky last lucky last on pound. You guys know what happened on the pound dollar sofa. So that happened first point was with that on Friday two weeks ago, where they introduced a tax cut, where the UK government introduced a tax cut and we saw, you know, investors get worried about whether the bank, or the UK is going to be able to finance the debt. We saw pound dollar drop so significantly all the way down towards the key support level at 1.0390. We moved towards the downside, big volatility. And then as on Thursday last week, we saw the Bank of England intervene. They said that we're going to buy bonds at whatever scale necessary to help markets recover and that's why so that news there. There was an intervention by the Bank of England. And then that's why we saw price push back up price push back up was a support level now a resistance level. At this point, right at one point at this one point one two four zero level. Wait and see, is it going to break above or is it going to turn back down. Right. If it breaks above towards the upside, then the next key resistance level would be at about that one point one four three zero level. That's because we got a swing low and a swing high there so one point one four three zero, or if it rejects we could see it turn back down with that level there. Firstly at one point one zero five zero and then the next one at one point one one point zero nine zero there. Okay, so I'm either looking for in this case that push towards that resistance if it breaks out or move this a little bit across. If a rejection of this resistance level back down towards the one or nine level, what I think is likely to happen with the way the Bank of England is intervening we could see that push towards upside that continued recovery. We don't see any further surprises from the US from the dollar index, you know if dollar index doesn't get too strong, and we could see that recovery push back up again. All right. Given I'm not sure when it's the next class, check out the, I'm sure you get an email out with the next class coming in. So with all of that said, we do have a lot of news. Last part is I want to remind you all that with the Aussie cash rates with the Kiwi interest rates decision OPEC meetings we have ISM the main thing you're going to pay attention to as well as this Friday. We have a non farm payroll release. It is a little bit too early to predict what could happen on the non farm payrolls we just need price to move on a little bit further. Before we do some planning on non farm payrolls but this should be something that you pay attention to us non farm payrolls this Friday likely to have some high volatility on the dollar as well. All right, with that said, I hope you had a good session. Let me know. Did you have a good session. Did you find it useful is any feedback. I'll be happy to take it all on board. As we come to us and all of the session. How did you find it. You're most welcome there Jimmy Lou. Fantastic. Great. Awesome. Thank you all so much. I hope you had a good session. Remember, trade well. Trade safe. And take care now. Bye.