Here is a 20 minute breakdown on Ripple (XRP/USD) on what I believe we will be looking for next and how I will be approaching it from an investment perspective and intraday trading perspective.
Hey guys Please give me some feedback, I would much appreciate it - Price broke weekly key level then rejected down - Price showed indication of distribution - Looking at divergence on the 1hr timeframe signifying down trend - Break to the downside of rising wedge - Imbalance candle on 15m timeframe lined up with 50% fib retracement. If you feel the same or...
Must bypass 0.76 hurdle first. Now the trend is moving, looking to see a weak dollar maintained in 2021 so this will be great for the Aussie. Remember any bearish news on the world will see a rush to the USD, however with the US attempting to remove the safehaven asset for investors, expect a good move for the Aussie to see bullish movements.
Clearing the imbalance at the 0.618 retracement off the last institutional candle for entry, and moving to follow the current structure of lower lows. Might take it longer; TP was set to 3.18:1, but could deeper.
EURAUD 1hr Imbalance Gap 50% Fib from zone or High of the zone for Entry 1:2 R/R @ 20 pips
EURCHF Imbalance Candle @ 786% Fib level 20:20 R/R @ 5% Account Balance
PRICE RETURNING TO FEEL THE IMBALANCE BEFORE MAKING FOR A SELL
Price has retested the average price of the bullish orderblock on the daily timeframe. Higher Low’s being formed on the 4Hr timeframe along with a liquidity tag show signs of bears loosing control. Which is starting to create an imbalance favoring the bulls. 🎯: Untested bearish orderblock off the daily. ::: Election ::: We could see a crazy rally and...
Here is my GU analysis. I think that since the imbalance has been filled, price will break the channel and return to a previous continuation block.
eurjpy broke structure and fell down. waiting on retracement and retest of the bearish engulfing due to a quick imbalance of price that was created. potential 5.88 RR
Price is pulling back to a 15 minute order block (refined to 5 minute). I am looking for price to retrace and go long to fill previous imbalance marked as the outlined box. I then used fib golden zone to add extra confluence. This is my first time trading XAU/USD so we'll see how it goes!
Price is pulling back to a 15 minute order block (also refined to 5 minute). I am then looking for price to retrace and fill in imbalance marked up as the outlined square. I also used fib (golden zone) for extra confluence. I am not usually a gold trader this is my firdt ever gold markup so we'll see how it goes!
LONG. BUY ZONE: 15min price inefficiency 15min Bullish Breaker
Looking for a sell for the sell off continuation. Market is maintaining structure and Im expecting a retracement all the way to the open of the 1h Open. Since we did not have the "bottom" yet analysis can change depending on the duration of the extension to the down side.
After a little retracement we are looking to sweep te lows into the imbalanc area . on the imbalance area we can see an great R:R ratio.
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a BUY limit.
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.
Hello, just a quick one analysts and traders We have a good opportunity as the supply zone in the green has been rejected. On the 4 hour we drew a second fibonacci to look for an entry point as you can see on the chart. The Aussie is still strong but needs a retracement - price can continue to breakthrough but the sells are in play for now. Note: Trading is...