Hello Guys, Price has traded into the weekly orderblock and my speculation is a reaction from this order block. Note that price traded into this zone whilst forming a W pattern on the weekly chart. Also, Price has swept the inducement on its way to the weekly order block. See my profile for more updates. Below are correlated pairs. AUDCAD EURCAD ...
Hello Guys, Price just cleared 3 month low after which it formed a CHOCH on the daily timeframe. I'd like to see how price behaves when it trades into the daily order block. If I get my trade setup, I'd go long. Follow for more updates. Cheers, Jabari
Hello Guys, How has the week been so far... Well for me, kinda bumpy but it's part of the game so I'm good. Anyways, here we have a pair that just swept a monthly high (buy-side liquidity) and price formed a CHOCH on the daily timeframe, hence, the daily supply order. I have set an alert for when the price will trade into the daily order block. Once that...
Traders, pay close attention! The GBPCAD pair is currently showing clear signs of entering the markdown phase within a distribution pattern. 🇬🇧🇨🇦 In the context of the Wyckoff distribution, the markdown phase is a crucial stage where the price undergoes a controlled decline after prolonged accumulation. This phase often signifies a shift in market sentiment from...
Hello Guys, Just like my CADCHF analysis (inserted below), NZDCHF has been dumping like forever but last week, it printed a CHOCH on the daily timeframe. It only makes sense that this pair retraces even though it might want to continue the bearish move. But for now, I speculate that we might see a bullish rally. Also note that this pair is trading at the extreme...
Hello Traders, I have come with good tidings. Just like I am bullish on NZDCHF (see analysis below), NZDSGD is looking bullish in the near term. Price has approached a key demand level and if you know anything about M & W patterns, look at the weekly timeframe for perspective. I expect price to make a retracement from this demand zone which will serve as a...
Hello Guys, I took a break from posting on Tradingview as I lost my dad on the 3rd of July and he was laid to rest on the 18th of this month. It wasn't a beautiful experience but I'd have to push myself forward. For this pair, I'd like you guys to just take a good look at the chart and see how price created buy-side liquidity and went to hunt it. Now that price...
Hello traders, Price has rallied into a weekly order block and has just swept the previous high (buy-side liquidity). My speculation is that the price will rally to an unmitigated OB which I marked out with the horizontal ray. For now, I'd be monitoring the 1-hour timeframe for a CHOCH of character to go short. See my profile for more analysis. Follow for...
Hello Traders, If you have seen my analysis of the dollar index, you will know that my outlook on the dollar has shifted to bearish but I'm waiting for it to get to a level where I would be expecting a structural shift from bullish to bearish before I decide to trade against the dollar. Check my page for more analysis. Follow for more updates like this. Cheers, Jabari
Hello Guys, If you have seen my previous post, you'd know I am expecting a bearish price movement on the dollar in the coming days. That simply means GBPUSD should be preparing for the bullish rally. I will insert below my analysis of DXY and EURUSD. Follow for more updates like this. DXY ANALYSIS EURUSD ANALYSIS Cheers, Jabari
Hey Fam, EURUSD is currently at a monthly sell-side liquidity which is likely to be hunted because as seen on the dollar index (DXY) (inserted below), the dollar is poised to continue seeking higher prices. If this is to be true, EURUSD will sell into the daily order block from which I would be expecting to see a bullish rally in price. Follow for more updates...
Hello Traders, This pair has been bearish for the longest. However, on the monthly chart, price seems to be consolidating. It is not in our place to figure out if the consolidation will lead to a rally or a dump but if you look inside the consolidation, you will notice that price swept the previous monthly high giving it the liquidity to go after the weekly...
Hello Traders, Here is a pair that has the potential to provide a bearish move and a bullish long-term rally. The bearish move will likely complete the retracement on the weekly chart and once the price has traded into the weekly order block, I speculate that the rally will aim to sweep the trendline liquidity that has built up. Follow for more updates. Cheers, Jabari
Hello Traders, This pair is likely to head into the weekly demand order block from which I speculate a bullish rally in price. There is also an unmitigated price level and daily supply order block for the price to reach. Once the price trades into the weekly demand zone, I will go into the 1-hour timeframe to wait for a CHOCH from bearish to bullish to go...
Hello Traders, This pair is trading in a weekly demand order block from which price could rally. We also have an unmitigated price level which price could go mitigate. Keep an eye on this pair. I will be monitoring this pair on the 1-hour timeframe to see if there would be a CHOCH from bearish to bullish to go long. Follow for more updates. Cheers, Jabari
Hello Traders, EURAUD has traded into a weekly demand order block after sweeping sell-side liquidity (equal lows) however, due to the massive dump in price, the bullish rally will not happen immediately. This dump created a FVG on the daily timeframe which price could trade into next week and continue to ease the bearish move before the bullish rally...
Hello Traders, AUDCHF has traded into a weekly supply zone and has just hunted buy-side liquidity. In the weekly order block, there is an unmitigated daily order block that I expect the price to mitigate and react from. I will be monitoring price movement as it trades in the weekly order block to see if there would be a CHOCH on the 1-hour timeframe. Follow for...
Hello Traders, This pair has reacted from a monthly demand level and is trying to create a higher high there by hunting liquidity. As you would notice, price is a few pips away from the weekly buyside liquidity which if it is hunted, a reaction is expected. Looking left, you will notice how price dropped strongly from that level. My speculation is that price...