We have identified a brief confirmation on the AUDJPY H4 chart. The bearish order block (OB) has been retested and confirmed. Now, it's time to renew the demand zone. Risk reward 1:5
We have identified a new Order Block on the GU H1 chart. Although this demand level is not particularly robust, we can consider entering a long position with low risk. The risk-reward ratio for this trade is 1:5.
NZD/JPY Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Last Week : Last Sunday we discussed that failing over HTF Edge usually can bring in weakness and start transacting back through lower areas towards the lower Edge but also mentioned that we were in potential 5150 - 5250 +/- balance with 5204.25 - 5199.75 area being a temp mean which told us to be careful expecting too much continuation lower just yet. Monday gave...
We have new Bearish OrderBlock on USDCHF H1 chart. Reaction on 0.8850 level was bearish, i'll try with low risk.. Risk reward 1/5
GBP/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. AUD/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the...
Below mentioned points are discussed in my post analysis video(Fast forward to 0:38 for Hindi Audio) -No Trades in the morning -No Volumes in the morning -Bought Nifty near highs and sl was hit. -How will i trade when market opens tom
Below mentioned points are discussed in my post analysis video(Fast forward to 0:50 for Hindi Audio) -No Trades in the morning -Nifty had sell volumes in the morning -Scalped Nifty After 12 once Nifty Spot Broke IB Range -How will i trade when market opens tom
This is what we've been waiting for - GBPNZD breaches a key 2.08~ weekly level. Last week's close signalled price holding above said level. It's great to see strength during this week's open. I believe this is a sign of further strength to be expected on the upside.
Bearish MACD divergence continuing to play out with a breakdown of wedge trend line. We saw the 508 target get hit today and still face layers of resistance overhead (512ish-515ish-518ATH) ....AND there is a gap still to be filled below (501ish-497ish). If we're going to make another respectable run at ATH then we need to fill the gap and let this MACD divergence...
We are currently in a strong uptrend on the SPX. I personally believe that a consolidation phase is imminent. That's why I have initiated a short position with a risk-reward ratio of 1:4.
Last Week : Last week market opened inside Value, first cleared upper stops then got a nice sell from 5154.25 - 59.25 Key Resistance area back down to VAL, cleared that Support and got continuation back inside lower Edge taking all the lower stops except the pinata stops at Key Edge Support of 5066.50 - 60.75. Lower Edge ended up holding and we got a push back...
The US Dollar is strengthening, but the GBP/USD pair is exhibiting a strong uptrend. Currently, prices are testing the H4 bullish Order Block. On lower timeframes, bullish signals are already evident. The risk-reward ratio stands at 1:15, however, individuals use their own risk management strategies.
GBP/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
In the video I discuss a few live trades and the reasoning behind the entries. I also talk about the lead up price action that is important to note when managing the trades. I then discuss the same basic concepts applied to price action on the DOW and where the prime entries were and reasons for them. The basic concepts discussed are : - Momentum - Price...
Below mentioned points are discussed in my post analysis video(Fast forward to 0:48 for Hindi Audio) -No Trades in the morning -Nifty had buy volumes -Selling/Buying Nifty after 12 was tricky today! -How will i trade when market opens tom
GBPJPY is approaching an area of value in a corrective manner (Ascending channel). If the third touch holds I'll be looking for an impulsive move downward followed by a 15min flag continuation pattern, with a verified entry signal at the Top of the flag (Risk entry type) or a Breakout and retest of the flag a (reduced Risk Entry type).
Below mentioned points are discussed in my post analysis video(Fast forward to 0:42 for Hindi Audio) -No Trades in the morning -Couldn't capture the big moves in nifty -Scalped Nifty for prev day low break -How will i trade when market opens tom