Prices got rejected from a H4 demand as well as a Weekly Supply zone. With how prices are being presented to us, we are looking for another buy-side move towards deeper areas to mitigate the weekly supply levels.
Similarly, waiting for a pullback onto supply zone before taking a short position. Prices are likely to fill imbalances on both ends.
Looking for SELLS towards demand zone before a continuation move up.
Potential buys now, with the recent BOS moving into a demand zone.
Gartley Completion at D-leg may serve as primary buys, to eventually create liquidity for prices to go lower to mitigate deeper areas.
EURAUD H1 Look for SELL schematics at supply zone, otherwise potential BUYS at immediate demand zone.
EURJPY H1 - LONG Demand Zone > BOS > Confirmation before taking a BUY position.
GBPCHF H1 - SHORT Potential BUYS from demand zone. Ultimately pushing down towards H4 Demand @1.26000 area.
GBPCAD H4 - SHORT Wait for break of structure and pullback onto supply zone @1.71180 area. If there is confirmation, sell it.
USDJPY H4 Prices tapped into the daily resistance area @ 110.800, made a sell-side move, breaking structures, creating new lows and now making what seems like pullback before a continuation short. We identified 2 major areas for SELL positions, mainly @109.400 area as well as 110.300 area. If prices doesn't hit any of our crucial structures, we will be looking...
GBPAUD H1 - LONG Prices got rejected from a resistance zone, looking to test a BUY zone @1.79000 area. Aggressive and short term traders may look at this as a potential buy trading opportunity. If we do see a breakdown off the support area, liquidating orders lying beneath the trendline, we can catch a pullback SELL opportunity towards the major structure...
EURCAD H1 - LONG Tapped into Weekly Demand Zone Wait for BOS + Pullback onto H1 Demand 1:4 Risk to Reward
If we take a look back at the 2017-2018 Crypto run up and sell off the similarities in price action are eerie. I went through studying all the moves trying to find a proper price target based on measured moves with little success. However, today I had a realization, once BITSTAMP:BTCUSD was unable to rally, and a large liquidation through $30000, I realized that...
GBPCHF H4 - LONG BOS > Liquidation of orders Pullback entry after confirmation on LTF To clear the last swing high
AUDJPY H4 - LONG Prices broke out of structure, leaving behind an unmitigated area of demand zone, waiting for a pullback with an AC/D on the lower timeframe, before taking a LONG position if we see a structural shift, with the lower timeframe being in line with our higher timeframe bias.
THIS IS PURELY BASED ON FUNDAMENTALS , NASDAQ ACCOUNTANCY (4 QUARTER PERIOD) POLITICAL DESTINED STATUS PRESIDENTIAL DECISIONS CHINA TRADE TALKS SOCIAL MEDIA TECH LOSSES
Took out previous lows, rejection on 61.8 fib + 200EMA, clear bullish structure on the 4H. Entering on the higher low. Target at the next resistance zone. Bullish fundamental bias as well.
Very often it is only after the longs have been liquidated, after being completely demoralized when the last and most obvious support ($1.95) could not hold, that price can begin a new up leg. We shall see.