magnetrixfx

magnetrixfx

We should expect price action to come at the resistance level to recollect liquidity to push price down further.

magnetrixfx

we bought GJ at a point of interest after price formulating a bullish scenario and we knew exactly where to enter our trade for a buy with a buy limit order.

magnetrixfx

as we can see on 1 hour chart price made new high representing an uptrend and at the moment we see price pulling back and since yesterday price been accumulating more order for a push-up, and as of today price has a purpose to mitigate to an OBIM and sooner we expect price to surge to the upside.

magnetrixfx

we see change of character on 15min chart, and price now mitigated to an OB, we expect buy, since gbpusd is also testing a strong support level on H1

magnetrixfx

As we can see on the 30-minute chart there is an order block that needs to be mitigated, that's where we expect to enter our short trade, but also on HTF it's clear is a bear market.

magnetrixfx

we should expect a bearish move on eurjpy since now price in rising to mitigate a d1 and h4 order block, but also the overall market structure on HTF is bearish because on D1 a structure has been broken with exceeded volume.

magnetrixfx

H₄ Support turned to a strong resistance ( SR FLIP) and in 15 min TF market shift has been initiated, so now we wait for price to reach the resistance, and we sell as indicated on the chart via short RR tool. We expect a fall of 200 pips.

magnetrixfx

expecting a pullback to the demand zone the another strong bullish charge to the H4 OB.

magnetrixfx

As we see in the Daily TF price has to mitigate back to the OBIM, and also we can see recent price action was inducement that had price ranging, but we should expect a bullish price to the bearish order block then a sell off.

magnetrixfx

higher time frame order flow is bearish, on H4 price was on a long time pullback to the supply zone. And we can see market shift has occurred at the OBIM of the H4.

magnetrixfx

usdchf typically its bearish order flow, as we can see previous bullish HL was broken and price created a LL justifying a change in price action, and now we can see price went to grab liquidity as well mitigating some orders to H1 OBIM. i have set a sell limit when price comes back again to test the block and execute my sell order for a 165 pip TP & a 10pip SL. R:R=1:16

magnetrixfx

supply zone on play, as we can see price making lower lows, this justify a down order flow, but then we see deep pullbacks that info us a weak trend.

magnetrixfx

Typical price dominance is bullish, as we can see in daily price already had collect buy orders and price forming HH series, so as for this week we wait for EQL to buy NZD for 480pips upto the weekly key resistance.

magnetrixfx

on a D1 time frame we can see a large market structure shift, since price made a LL breaking the HL of the uptrend market of April 2021, then made a compression towards the supply zone (0.93696) to collect sell liquidity for the downward move of 420pips.

magnetrixfx

EQH as always indicator a sell area of liquidity, so we gonna sell it hard and its gona be sweet

magnetrixfx

price heading to area of liquidity and we should expect a bounce off to the downward for 500+ pips.

magnetrixfx

EQH key resistance., gj is still bearish, we should expect a down push, but we still remain in probability as gbpusd is a srtong bullish.

magnetrixfx

price at support level for a pullback.