NZD/JPY 1/26/2021 16:30 DAYTRADE Fundamental/Sentimental News Events: News events too far away to affect price within the lifespan of the order. Market Sentiment: Technical Time Frame Analysis: Reason for Trade: Exhaustion on an impulse at a resisting trend, strong 61.8 structure and a supporting trend seemed like a good landing spot for price. Indicators: RSI...
I trade GBPJPY only, not only because I love the pair and it's volatility, but it's preparing me for the more institutional style of trading and training for the US30. This is a position in which i used my same analysis, as i would on GJ because the correlation and overall mobility of both instruments is amazing. Here, we can obviously see that was retesting the...
Looking at a possible short sell on GJ. Price broken structure and completed the full retest at the 78.6 Fibb. Will wait for market to open to see if price will make a gap, but price will most likely be bearish for the H1 TF.
Tried to post before price action hit but it was fast. Managed to get a position risking 1.5%, following my previous entry of a 1:40 risking 1%. This may come back up to the entry price but just miss it if you still want to take a trade. Please use risk management and monitor patiently.
Lets see... Price consolidating right now. Waiting on last wave to complete. Target came from fibb exp ran on the H4 TF.
Will be looking to roll stops and turn into risk free positions once price breaks that major LH point. Pennant forming on smaller TF, giving good indication that price will break out into the 140.100-.125 area. Strong bullish divergence on RSI and bullish candlestick formations at that major H4 support. Targets came from Fibbs and Fibb exp .
ENTRY: HIT IMBALANCE OF PRICE AND IS MAKING HIGHER LOWS! BIAS: GBPJPY IS IN A TRIANGLE PATTERN AND I SEE IT PUSHING DOWN TO THE BOTTOM TREND WHERE I SEE A GREAT POINT OF INTEREST.
Targeting the Liquidity Zone, hoping to get a minimal drawdown entry!
Hello traders, GJ did a retest on the trendline and currently trying to push and taking liquidity. Be sure to look for patterns and basic market structure. Thanks for reading!
observation : clearly bitcoin is at the edge of a parabola ramp & its not done yet. if it breaks here, i would buy in the box at 4hr Bollinger Band support
Tomorrow is setting up to be a potentially strong bullish day. DXY is weak and looking to retest its April '16 lows. BXY's closest gap is at 133.5 and it looking very bullish. The confluences are just stacking up for GU to go long, so its only right we play for the perfect buy up to our target of 133.5. Potential 100+ pips on this trade. Looking to play this...
Targeting this trade to 1.3270. Another perfect entry, 0% drawdown. 1:7 ratio trade. As GU made another correction after its bullish run yesterday, I was always going to look for that optimum entry point to catch the buy as low as possible. Current target of 1.3270 is based on BXY gap at 132.7 which is the closest gap to price now after the 132.00 gap was...
FX:GBPUSD Looking for GBPUSD to come up and create this right shoulder before further continuation to the downside. Already sniped the top with the guys, so now I will just hold and chill
Clearing the imbalance at the 0.618 retracement off the last institutional candle for entry, and moving to follow the current structure of lower lows. Might take it longer; TP was set to 3.18:1, but could deeper.
Found a long entry on btcusd, price already retested structure... Used my method to place a sniper entry.
Break and retest on US30 price seems to be rejecting in the 38.2 and 50.00 gap depending on price patterns this could be a great trade. larger scale rejection zone was entered on higher timeframes.