CallistoFX

CallistoFX

Market Analysis PT2/2 (9th April 2024) GBPUSD Analysis On the 4 Hour timeframe, price action created a Bullish Change of Character after testing a 4 hour bullish orderblock. In the process, a 4 hour Bullish Fair Value Gap has formed. This indicates that price action will most likely continue bullish. What i want to see happen later on is for price to come...

CallistoFX

Market Analysis PT1/2 (9th April 2024) XAUUSD Analysis On the 1 hour timeframe price action has rejected off a 4hour OB and rejected strongly creating a 1 hour Fair Value Gap. Since Gold has been in a massive up trend, I am more likely to look for buys for a continuation push higher. Ideally what will be good is if price takes out the high at 2343.62 and...

CallistoFX

Market Analysis PT2/2 (8th April 2024) USDCAD Analysis On the daily timeframe, Price action has rejected of a resistance of the Daily William Certified Range(WCR). This can be seen clearer on the 1 hour timeframe. On the 1 hour Timeframe, we have created a Sharp rejection off the Daily support, which created a bearish 1 hour Fair Value Gap in the...

CallistoFX

Market Analysis PT1/2 (8th April 2024) GBPJPY Analysis 1 hour timeframe, Price action has created a very bullish push to the upside after retesting the Bullish orderblock, creating another BOS to the upside. In the process, price action has created a bullish FVG on the 1 hour as well. There are 2 main scenarios i am looking out for later on in the...

CallistoFX

ETHUSD Analysis On the 4 hour timeframe, price created a retracement after creating the all time highs at 4091. After retracing, price action created a bullish CHOCH with a body candle close at 3389.10. This indicates bullish continuation is possible after some retest of the bullish orderblock. The most recent price action retested the orderblock and...

CallistoFX

Crypto Analysis (6th April 2024) BTCUSD Analysis on the 4 hour timeframe, price action pullback to the 4 hour Bullish Orderblock. THis is where price action rejected from and created a 4 hour Change of Character, indicating that the market is changing from a bearish pullback to a bullish continuation. In the image you can see that price action has been...

CallistoFX

GBPJPY Analysis On the 4 hour timeframe, price has created a Bullish Change of Character after testing the daily bullish Golden Fib level. This tells us that price action is actually bullish. However, overnight price action created a huge pullback which coincides with a 4 hour bullish breaker block. On the 1 hour timeframe, We can identify a 1 hour...

CallistoFX

EURUSD Analysis On the weekly timeframe price action has just rejected off a weekly bearish Fair Value gap. This rejection created a 4 hour Change of character which indicated potential retracements after a bullish run on EURUSD. On the 1 hour timeframe, we can see that price action has created a very neat balance price range coupled with a bearish Fair...

CallistoFX

Market Analysis PT1/2 (4th April 2024) GBPJPY Analysis On the Daily Timeframe Price has broken out extremely bullish with a nice daily candle body close above the most recent lower high that can be located on the Daily Timeframe. In the process on taking out the daily structural high, price has created an extremely bullish FVG for price to come and retest...

CallistoFX

EURJPY Trade Breakdown Price broke through the 1 hour bearish orderblock during London. This resulted in a creation of a 1 hour Market structure shift to the upside. So once price retested, the 15 minute orderblock and broke its own higher high on the 15 minutes timeframe, I entered a long and place stop loss at the 1 hour orderblock low targeting a...

CallistoFX

XAUUSD Trade Idea Breakdown Price created bullish 15 minute structure, creating higher highs and higher lows, when price created a 5 minute bearish change of character, Price retraced into the 15 minute OB, and respected it. Once price tested the 15 minute OB, price created a 5 minute BULLISH Change of Character. this means price should continue to go up...

CallistoFX

Market Analysis (1st April 2024) USDJPY Analysis On the daily timeframe, price has swept previous daily highs, and started to retrace. On the 4 hour timeframe, we had basically have a small range. So what i am waiting is for a breakout to the downside. However, on the 15 minute timeframe, Price action is already showing some bearishness. What i want to see...

CallistoFX

GBPUSD Analysis Price on the 4 hour timeframe has created a bullish Change of Character, resulting in a complex pullback happening right now. As it stands, currently bullish internal structure is still bullish, respecting the 4 hour and 1 hour order blocks. Ideally, I want to see price action come down to the 1 hour Order block and show us confirmations...