Here is my current outlook on the potential Supply and Demand aftermath of today's grab of 1925 Institutional Orders on news release. It does seem to me buyers are still heavily in control and are looking to fill out more bids higher up from 1925. This would mean looking to target BEYOND 1987's now filled and confirmed weak supply ...
wyckoff distribution at HTF waiting for london open and manipulations. after that---> entry at 15min IC with validity of structure. (detailed text in the chart) RR: 1:5 ( intra day entry)
Possible areas to look for longs on GBPUSD ... Both are good probability but the extreme level is always the best . Comment below and tell me what you think
#1 The supply zone high that led to the BOS. #2 Possible area for a liquidity sweep. #3 We are now in the premium of the range. #4 Targeting 5:1 My previous trade on the M15 did not playout you can see why here - If we break this strong swing high then my bearish stance will shift. It won't shift if I only see a liquidity grab on the break of the supply.
#1 This is the zone that caused the M15-BOS #2 Possible are for a liquidity sweep. #3 H1 supply just above the M15-Strong high - if the M15 strong high gets broken then the H1-supply becomes a better POI. If the M15 Supply zone breaks I also have a limit short ready at the H1 supply zone above.
Ok, so I'm squeezing every last drop out of this move. As you can see I'm still in my previous trade you can see it here. With this current M15 Short: 1. Break and close below M15-BOS 2. Limit short at M15-SZ that caused the BOS. This is beautiful PA by the way. When you're not fighting the market it's pretty simple stuff. Even if this flips before H2-DZ...
The current trend on the M15 is bearish internally. So I'm looking for a quick 6:1 trade. The internal trend might flip and take me out as the PA has been pretty complex this morning. It will be interesting to see what happens here. You can see I'm still in a positive M15 trade which got triggered on Friday 14th it's not ideal to still be in a day trade for...
After getting taken our of my previous trade by a hair. Im back in again after short structural breaks. I also have the H2 on my side as it's in the 1st phase of signifying the start of the swing pullback. So let's try again. What could go wrong? 1. Another LQS...boring...hehehe 2. Another extended move to the upside 3. This is very complex PA I could...
The USDJPY closed at 143.70. Speaking of its resistance, the area around 144.06 will act as a resistance area. If a candle rejects from this level, you can open a sell position with a stop loss of 40 pips and target the support level at 142.20. I hope we can make a good profit from this trade. Disclaimer: The information provided is for educational and...
Sell trade in my account (MT5) Valid DROP base Drop scenario ---> wyckoff distribution I wait for valid BOS in lower and higher TF then entry at mitigation of 15 min IC in the structure. RR: 1:9 take home 1:7 only because of my set TP in mobile. Note: for study purposes , please check my charts published.
hello dear friends how's it going? what do you think about this analysis?
I expect price will go to the DBD zone that I mark up. Based on current price action, price make a pullback now to the upside. So we can take advantage from this price action for counter trend trade buy to the DBD zone.
Waiting for the market to meet my price for a sell. There's an opportunity to take a buy-to-sell here for daytraders, but I'm looking for the higher probability sell setup, personally. Leave a like and a comment, if you would. And thank you for watching.
Set two middle risk limited long positions with the targets showed on the chart. Don't forget to Do risk free and then trailing stop. Good Luck!
As our previous EURUSD idea played out perfectly, we're now looking to break our previous target which currently holds up as a resistance zone. The initial attempt to breakthrough was rejected; however, as the wedge keeps on getting tighter and tighter it is clear that the breakout is inevitable. Buying off the trendline might be a move for some traders; however,...
USDJPY just tapped into the 15m supply zone / orderblock filling the huge imbalance, could see the price goes down to the demand zone.
Hi everyone! Price will potential bounce from 4 h POI because of structure but this does not mean that the price cannot go through our poi. ( keep that in mind) That is why we use confirmations on lower TF's
Welcome to another Forex Daily Forecast! We will be preparing for the trading week ahead: - Analysis of the individual currency Futures, to identify the strong and the weak - Analysis of the FX pairs (EURCAD, EURAUD, EURNZD, GBPUSD, GBPAUD, NZDCHF, NZDUSD, AUDCHF, GBPCAD, CADCHF,...) - Analysis of Gold, Silver, and OIl too! - Plot and plan for the best...