USDJPY H4 - LONG We are expecting another test into the zone, potentially creating a lower low before a bullish impulse, breaking out of structure, creating a higher high. With that, we anticipate the higher low formation with price action patterns before taking a LONG position towards the next resistance area.
AUDCAD SELL BIAS ; H4 TF 📉 In predicting market turning points, it is important to take note of market structure and location. In AUDCAD, the market makers are willing to reprice or bargain that supply zone at a fair price, because price created a market liquidity void (a porous price action) that needs to be filled. Risk to Reward >>> 1:7 190+ pips with 2%...
UJ zone to zone movement - Currently at 4H buy zone, 15m micro zone has set up for a buy. Ride buy zone to sell zone then short from 62-79% FIB level.
GJ possible short opportunity taking down to buy zone, then monitor for possible long from by zone.
Good morning ladies & gents, Hope you're all having a good Friday morning. A sell structure has presented itself on EURGBP. After a relentless move to the upside all week from the rejection of the Weekly Bullish Orderblock, we can anticipate a move down to the area indicated below prior to a continuation to the upside. In light of this, the M15 chart shows a...
EURGBP H1 - LONG Prices made a bullish impulse move @0.86500 area, breaking a neckline resistance and now, looking for a deep pullback onto our support structure before considering a LONG position towards the daily resistance zone @0.87600 Potentially catching a 100 pip move from here, we will be looking for buying opportunities.
Strong Bullish Signal: The price tested the support level, but could not break it down and resumed rising. The move was supported by the large volume and positive delta, which shows that there is a significant purchases imbalance right now. Besides it, we need to, mention a recent sharp growth of the pair. Volume Zones: We need to point out an important level...
Strong Bullish Signal: The price corrected down after the formation of the new resistance level. Nevertheless, the correction was stopped when the large volume appeared and was accumulated in the bottom of the fall. It shows that the smart money are not interested in a further fall of the price. Besides it, we should allocate the strong local uptrend. Volume...
Two charts side by side Chart broke stride at A) We then ranged and formed a descending channel which ended at B) Strong demand came in a seen by the selling climaxes at B) (Look at volume) At C) we see a triple bottom D) Is the breakout of the range - most likely will close above horizontal dotted line Expecting a continuation upwards therefore will add to...
I see chart's order-flows beyond candle stick and chart patterns in the form of fractal time frames. EOS is striving with a monthly area (rectangle area) so we need to absorb all liquidity which is needed to break the monthly wall. HOW? By 4 pivots which shows us withdrawing, then price starts to get the liquidity which is needed behind the low (which have the...
Good morning ladies & gents, Cable is positioned to go short this morning in London. After breaking the market structure on the higher timeframes, I'm looking to take a pullback pending order @ the price indicated on the chart. I anticipate that price will clear these three objectives below; however, I'll be scaling out of my position as price reaches and...
Strong Bullish Signal: The price restarted growing and broke out the previous resistance level, which is a good bullish signal. Moreover, the surge was supported by the large volume and positive delta, which demonstrate that buyers are dominating the market now. Volume Zones: It is necessary to allocate the new volume level of support 1.1864. The price resumed...
Strong Bullish Signal: The price demonstrated an abrupt growth supported by the large volume, which shows that the smart money pushed the price up. Volume Zones: It is necessary to point out the resistance level 1.1900. The price is trading near this mark. Sentiment: This indicator shows that 68% retails traders are in short positions, which is a good...
Good morning ladies & gentlemen, Following on from my EURUSD long idea, price has traded up into my area of interest where I'm looking for a short. Right now, price has fulfilled the D1 Objective, now I'm looking on the lower timeframes for an indication of market breakdown, from there I'll look for an entry. The boxes on this picture is NOT my entry point NOR...
Strong Bullish Signal: The pair showed a sharp growth and tested the level of resistance. The price did not break it out, but is still trading near it. The move was on the large volume, so that we may assume that the smart money pushed the price up. It increases the possibility of the further surge. Volume Zones: The price is testing the level of...
Looking for two scenarios to play out here on GBPUSD this week. I do like the supply area marked by the risk entry. The only reason I see this failing is all the liquidity above it. I would need to see a confirmation at this zone for LTF sells. If price blows through this zone I see it filling the imbalances above and mitigating buy-to-sell orders. I Will look for...