gbpjpy has successfully completed the fake out set up so it will move up but above there is already an h4 resistance with supply still being touched once, this can create an opportunity to counter the trend so you will get a decent profit the small supply area at 157.6 - 157.7 will be the best sell entry area for me, but remember to see if there is confirmation or not
I'm not one to pick what stocks are going to do, But knowing that Smart Money will work on every Market, I believe this is the best-case scenario. Price seemed to have hit a low around 208., then make a short term high near 240, and them come right back down before it moved higher than that 240 high breaking market structure. And it has not created a lower low....
This situation is very likely to play out on BTCUSDT pair. Looking at this doom triangle and all the uncertainty in the market this is most likely going to result in a crash after breakout. Some hope for holders: This setup is so clear and logical and I see alot of people post about it, now look at it from the perspective of the composite man/market maker. How...
Gold is moving to the liquidity areas that were set last week Friday. A possible buy opportunity is the books as we see how price action acts in that area during the London and New York session.
EUR/NZD has had a pretty significant drop recently on the larger time frames, dropping over 1,700 pips from 1.73600. It created equal highs before dropping and has had a recent bounce from the 1.56500 level. Which is an important level because if you were to go to the weekly timeframe, you can see how that bounce appeared to just be price mitigating from a...
Well if you followed my last trade and you didn't get stopped out or you re entered the trade after the stop, then that's like a 135% on a 10x leverage. Congrats to those who took it. I got stopped out too though. Just few pips away from the reversal.. We go again.. 135% today... Let's work towards a 3000%
Despite inflation the Dxy looking bullish againts the Euro, I dont do fundamentals because the charts speak. enough of that. But we have a basic trendline being respected on the weekly from the previous highs down to where we are currently, we zoomed in as you can see down to the 4hr and we have a false break out of the Trend, 2 false break outs from the Trend...
Conformations: 1. High volume zone 2. Liquidity levels 3. Post manipulation
Conformations: 1.Bos 2.Liquidity grab 3.Downwards pressure 4.Gold in long term distribution phase
zoom in, if we close below 1.135 we could go all the way to .9 could be a three drives.
Bullish View! Three 4 hour and twelve 1 hour attempts to break out into box below (top $91) have failed so far. In other words this support has held 90.7, 90.8 and 90.9 are the lowest levels any candle ventured on Monday. Pretty flat day in most time frames but what the day did allow was three 140 -150 pip shorts(From 01:00 UTC Asian), a 100 pip short and 70...
Believe it or not, all of this actually happened. The Vector candle system probably works best on Gold and US30 but for some reason we still stay adamant at being Oil traders. The main reason most people stop trading Gold is because they been stung on it a bunch of times. Well we are not going to lie and say that was not us too. The numerous references to 1680...
Title says it all, in this chart I show and explain trade washing. I may add on to show stop loss hunting in the near future. Happy trading.
AUDUSD on HTF is in a strong bearish trend, what we can see on LTF is the market provided us with a nice correction, this correction is currently testing the 0.618 fib and showing signs of rejection. What i would like to see first is the liquidity removed above the highs, this will also induce bulls into the market. This is when we will be dropping down to LTF...
POSSIBLE RETRACEMENT IMMINENT - CAN REVERSE ANYTIME The Beast has been adhering to the boxes pretty well and after the literal wrestle with 88.37 (top of last significant box) price has been able to recover yet another of 2014's Red Vector Candles, give a nice drop and a beautiful long from the base of the move. Although this is a 4HR analysis, in the hourly -...
Its the whale fight to get the liquidity first --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- If you enjoyed this post and agree with me, a like and a sub would be very nice : ) If you have any other ideas or simply disagree,...
Hey guys, this has aged well so far. I am leaning towards a drop to the downside/lower resistance soon, or a quick pump then drop, we tapped into the 1h OB briefly and for sure we took out some short sell liquidity along with it, BUT I feel that is was a weak move up. But who knows. From a logical perspective there is a large amount of long liquidity between 33...
Price action first checked into this box that it is trying to leave on 180122 (18:00 UTC 4hr candle) and has left it to the downside twice on 200122 and 240122 but officially returned in the box on the 4 hour on 260122 with a strong 4 hour candle (06:00 UTC). This box has provided quite a few trade opportunities including 5 longs and 5 shorts. Now we are seeing...