Quick update on USDJPY dropped earlier, tp smashed 587 pips bagged. follow on IG/Twitter @the_pipcartel Telegram; t.me/the_pipcartel
A quick update on usdjpy trade idea dropped earlier. First target reached at breaker block at 108.4 mark. now its obvious the market is currently in an uptrend. expecting price to head further up now to take out liwuidity at the new EqHs created. triggering short entry at 110.
sniper entry on EURUSD posted earlier. 2 pips drawdown, we up 220 pips now...
Looking at GU filling up imbalance below EqLs formed around 1.22 support zone, expecting more bearishness to go fill up imbalance at 1.2 QT and looking at about 1:60 Risk Reward ratio.
GBPUSD has had a bullish week, after doing a false breakout of frequently tested support level at 1.287 zone. Price went bullish afterwards towards 1.306 zone which is also a level tested multiple times, serving as resistance. Expecting price to do a fake-out, triggering the D leg of a bearish Cypher pattern also aligning with imbalance fill. taking my entry at...
Price already took out liquidity at 104.6 support zone, expecting price to head straight up to 110 zone to trigger the institutional cartel candle and drop from the entry. projecting about a 600 pips on the long.
Just as analyzed, pirice took out liquidity at equal highs 1.306 zone, trapping retail traders selling at resistance. Price has done about 250 pips move down triggering TP and the buy entry. now expecting price to head back up to equal highs as tp1, and beyond.
EurUsd has had a 2 consecutive weeks of bullishness, price breaking through some major levels of structures without a proper retest. The current level which was currently broken 1.123 zone which is the highest it has been since late 2019. Price triggered an order block at 1.125 which gave a fake-out of the 1.123 mark, taking out stop orders or retailers. I'm...
This is where i am looking for price to move based on the DXY movements. On BTCUSD I am looking for price to continue moving down, but I would like to see price move into a certain candle before even looking to consider price for a buy to sell.
We will continue to watch how price will move tomorrow to see if it is moving our way or if we need to erase everything and find out what price wants to do again. Let's play the patient game! It's best to be patient and win, then to jump in and lose a ton. Leave a like for more content, and follow me to stay updated! Feel free to watch my podcast I make every...
Here is what I think it's a high odds buy opportunity, let's see
- Analyzed this potential trade in detail to keep note of my trading method. - Also a potential trade I'll be looking to take once price reaches my projected key levels so I'll be keeping an eye on this one. - Still learning ya'll so constructive criticism is welcome. - Cheers
On the weekly timeframe, we can see the weekly IC level had attacked the previous high made in April. This gives me a reason to believe there was some sort of manipulation play and therefore the price may magnetize towards this region to satisfy that IC level. However, price may ignore that level for now as there is another set-up playing out in the 4HR timeframe...
Institutional explanation on reasoning of entry and target.
We have an IC point at the top of the swing right above an Imbalance in the market where I would like to see price close the gap in the market which is highly anticipated. A move upwards to 111.960 (our O.P.E) will mean a move into the 978-886 fib region which is a region of high reversal. This set-up may work or we could potentially see price drive higher to our...
USDCAD short position now activated as our daily IC region was satisfied. I now await CAD weakness to allow price to dive and created a retracement of the bullish impulse it has been creating for the past few weeks.
We have two EQH's that formed below our IC region. I'd like to see price spike upwards 60 pips taking out the liquidity of both the EQH's and also taking out the sellers of the accumulation playing out on the 15min TF. I will look to execute this trade noon tomorrow at the start of the New York session with all the medium-impact USD. With a 30 pip risk and 250 pip...
🔔 EURNZD Speaking from a weekly perspective I am overall bullish for EURNZD as we have a 900 pip retracement to fulfill for the previous bearish impulse. Price has created three distinctive higher lows and I would like to see this move Euro strength push this pair to the upside. In the meantime, there is a smaller set-up playing out in the lower timeframe, and...