USDCHF has met all requirements for both, the '618' and 'B&R' playbook setup using price action depletion to set our buy stop for our entry criteria. Lets see how it goes
Gold has broken a couple downtrend lines, and now seems to be supported by resistance turned support based on inside bar break up. Lets see how NY behaves
Londons first given setup out of the playbook seems to be an EURCHF simple B&R using the pin rejection as our entry criteria going for at least 1:2 RR
We can see sellers have been depleted over the past hour and price has qualified for playbook setup B&R using our depletion entry. Good probability of reaching 1:2 RR. Lets see what happens over the rest of ASIA and check back in during London. Safe trading everyone, see y'all soon!
Price has met all requirements of our Break and Retest setup using depletion entry, should have enough gas for at least 2R. Lets see if the probabilities play out
NZDCHF has the best B&R structure on all of the New Zealand pair.
We have identified one of our playbook setups on USDCHF in a classic break and retest. Price in overall uptrend after breaking multiple downtrend lines
Playbook setup formed and trade executed. Simple break and retest after depletion of buyers. Aiming for at least 1:2 RR
EJ is in a consolidation phase so we must watch our step, but thats usually when algorithmic patterns come out to play, so lets see if they will follow thru on this harmonic reaction, price also formed one of our reversal setups, followed by what could be a continuation with this break and retest
Lets see if this structure break and retest plays out according to the potential ABCD/fib extension
Playbook setup: Break and Retest using aggressive Sell Stop entry after price seems to have confirmed a potential reversal in our trading timeframe
With AUDJPY breaking out of range and finally showing the bullish accumulation we expected on Friday, the move could be in the works for tonights session. Price action has qualified for one of our plays so lets find out
GU is following the flow, being a bit more resilient thant euro, but still, it's beeing hit pretty hard by dollar strenght. But, this trade could be taken just looking at TA, I entered it last thursday night after the wick that came to retest the 50% Fib level and the trendline, but, I still believe an entry could be made on the last daily candle. For those...
Like I've mentionned in the DXY weekly analysis earlier, I'm gonna to be looking for short on XXXUSD this week, and, what about this nice little daily candle?! EU has been ranging last week, debating on if yes or no it should keep on going south. Looking at the chart it seems like it has made its decision as it rejected the 1.750 - 1.800 level last tuesday,...
Was late on this setup and entry was off by 10 pips. Nevertheless great setup - a lot of downward momentum ! Price broke support, RT and found exhaustion - bearish momentum engulfing candle showing sellers strengths. Had to adjust my TP zone but will monitor P.A - already BE on trade.
AN offers a really good long setup. The confluences are: 1.ascending channel 2.break and retest of S/R zone 3.daily AND weekly 50EMA laying on this level 4.61.8% fibs So we just need to see rejection candles at POI for entries. The only thing I don't like is the bearish momentum. The last daily candle is Marubozu candle, a very dominant candle sooo I'll be...
Looking at MS & PA - price RT broken support zone - created a bearish pinbar & had ema as added dynamic R. Going for +3RR
EURNZD 4h has the best B&R structure of all NZD pair on the daily it has close above the resistance level same is happening on the weekly which everything is in sync together. I will probably take this trade if it's showing me a great entry level and a great place to set my stop at.