Look for an rejection or engulfing candle in the area of our entry or place a buy limit.
FX:USDJPY On the 45M chart I noticed a solid sell to buy candle. No wicks. Seems like an institutional candle that needs to be mitigated. Plenty of imbalances in the bullish candles following that need to be filled. IF ( BIG IF) we see USDJPY have a large pull back, I think we could see a buy at the 104.765 area. SL is less than 20 pips with a great return,...
The smart money is watching you.
HERE IS A POTENTIAL SETUP IM SEEING FOR THIS PAIR 1. WE ARE IN THE DISTRIBUTION PHASE 2. ORDER BLOCK ON HIGHER TIME FRAMES HAVE BEEN MITIGATED 3. INSTITUTIONS HAVE BEEN WORKING THE HIGHS FOR WEEKS TO TRAP BUYERS (WILL SOON BE TRAPPED) LETS SEE HOW THIS PLAYS OUT... CHECK ME OUT ON INSTAGRAM: @PROPHETIC_PIPS
IT SEEMS WE MAY HAVE REACHED A POINT OF DISTRIBUTION WITH THIS PAIR THERE ARE 4 MAJOR KEY LEVELS WITHIN THE DISTRIBUTION RANGE WE ARE WATCHING THIS WEEK TO GET A DIRECTIONAL BIAS - WE ARE CURRENTLY A BIT NEUTRAL UNTIL WE SEE THE FULL SCHEMATICS PLAY OUT BUT HAVE A PERSONAL BIAS THIS PAIR WILL SEE A PUSH TO THE DOWNSIDE. THE DOLLAR INDEX SEEM TO BE GAINING A...
The Wyckoff Smart Money Schamtic has played out on the 4 hour time frame throughout last week. And in the C stage of the Schematic, it is once again playing out in the 1 hour time from. The Upthrust after distribution has now turned into the new Buyers Climax. And you now have more new tests of lows and highs within a range with a new Upthrust on the 1 hour...
Very early in the trading range in a Wyckoff cause phase. However there is a very large institutional candle where positions could be unloaded at the beginning of that candle, selling off to the bottom of the trading range between 150 and 200 pips. The Institutional candle didn't break the Buyers Climax high so I don't expect the next phase to break the...
We are looking to short USD we have to entries if we get stopped out of break even on our first entry but we are at premium levels and believe the greatest gains will be in shorting this pair if we can get some bullish momentum on the DXY
this is for us. text book set up we are expecting a short on this pair after the initial opening inducement a grab of liquidity filling the imbalance and mitigating an OB we are ready to enter this trade and get on the side of the SHARKS!
Our Bias remains in tact for a short fall on NZDUSD we have two entries set we believe the imbalance could be filled before the down trend kicks in to our next area of demand (order block) lets see how this week plays out
I will not be placing a limit order, I have my alert set up and when it comes to my area I will go to the 5m or 15m time frame for price action for a better ROI
Came out at break even on the previous buy trade I shared! was frustrated at the price movement and decided to reassess this is what I came up with lets see what happens! int the markets I've learned to adjust, its about reacting well not just predicting well
EU just broke structure to the down side Dxy is in a bullish run after reacting from a Daily Level Price cleared liquidity before moving lower Institutional candle was followed by an engulfing bearish candle that created an Imbalance WHERE IS THE MONEY??? #QCBRASIL #QUANTUMCREATIONS #TRADEHOUSE
LET'S SEE IF WE CAN CLEAR LIQUIDITY BELOW AND FILL IMBALANCE AREAS BEFORE GOING HIGHER.
Looking for price to push back into this zone after the NY open and then dump down to 9221.5