Price in a clear uptrend with GBP showing overall market strength. Price is moving quickly and I had to hurry and set a 618 limit buy order that got hit before I knew what was going on! Lets see what happens. Looking for at least 2R to start the week
Price has qualified for our last setup of the day using a gartley harmonic entry with SL set using our proprietary ATR value. Lets see how this plays out
Price has pumped to a very strong key level and neckline of higher timeframe double top. Now we may see the dump play out and have entered using our ABCD/EXT setup which calls for a SL using our ATR on our trading timeframe. Big potential for downside if price does fall
Price continues the technical uptrend and we had a major reaction from EU at the 618 fib level. Lets see if EJ follows
618 Fib Setup entered. Using mobile, not at desk so can’t go into much detail
Let’s see if this relative 618 level holds as it is also backed by structure it is usually one of my most consistent setups. If it doesn’t and price continues uptrend the next best place to enter would be the bigger 618 from the very bottom of the consolidation
NJ and AJ seem to be the last pairs to want to join JPYs downfall, this could either mean we can expect a pullback on all JPY pairs or that its simply late to the party and still gathering volume for a bigger push up.. not sure, but decided to test this hypothesis by entering a limit buy order at the 618 which was just hit. SL used was our ATR formula for a...
Now that the market has grabbed the money sitting below support, lets see if they play the dump and pump using a 272 fib ext and triple ABCD to join the bulls
Idea did not post, in line with JPY weakness, short term money has been grabbed and butterfly harmonic has been painted. Let's see if market follows through on what could be a big RR trade
Money is trapped on either side of the range, we identify a pattern in which the probability of covering risk at 2R is likely and could be quick so it'll be tested out. The potential upside is also nice but regardless if price violates either zone, strategy should be to try to catch a retest for a trend move
There it is so price has pushed down towards the bigger 618 from the very bottom of the consolidation and we must add and entry here so that if price is going to follow through on the uptrend we can capitalize using a solid setup
Last call for UJ shorts going once, going twice... Playbook Setup: 618 Sell Limit Active Probability of Success: 50% Last entry for Asia session and it lines up with our bias from prior playbook setups (although we try to treat each and every opportunity independent of other ones). KEY POINTS - Maximum risk exposure met(3R) for ASIA so we will set SL and TP...
Coming in for a London session we see UJ has continued its bullish run and while its not the intention to continually find setups against the trend, we must trade what we see. ABCD/EXT sell limit using our ATR for stop loss to capitalize on what could be a quick 1:2RR corrective wave Probability of success 75%
After dropping more than 100 pips in such a short time, USDJPY is destined to fall to its death right?.. well, not exactly.. HIGHER TIMEFRAME ANALYSIS SUGGEST THE BREAK OF A DOWNTREND WITH PRICE FALLING SHARPLY TO THE 618 RETRACEMENT LEVEL OF THE HUGE IMPULSE MOVE MADE LAST WEEK. I KNOW, I KNOW.. BASED ON LAST SETUP, WE ARE SUPPOSED TO BE DONE FOR THE NIGHT, AND...
Sell limit 1.0685 SL 1.0770 TP 1.0500 Buy limit 1.560 SL 1.0440 TP 1.1100 DXY
Greetings dear traders, today we take a closer look at ChainLink. I am currently putting a Limit at $5.671 as I am expecting a slight uptrend to the last liquidity higher around the $6 level I expect the short-term uptrend to remain for about 2 to 3 more days
expecting EU to make a new high after tapping 1.06873 level. Gool luck to all NEXT W