Hello Traders, AUDCHF has traded into a weekly supply zone and has just hunted buy-side liquidity. In the weekly order block, there is an unmitigated daily order block that I expect the price to mitigate and react from. I will be monitoring price movement as it trades in the weekly order block to see if there would be a CHOCH on the 1-hour timeframe. Follow for...
Hello Traders, This pair has reacted from a monthly demand level and is trying to create a higher high there by hunting liquidity. As you would notice, price is a few pips away from the weekly buyside liquidity which if it is hunted, a reaction is expected. Looking left, you will notice how price dropped strongly from that level. My speculation is that price...
ETH last low from the distribution seller bar at 1540 has been taken out. We see some settling at 1530 level with a low test buyer bar coming up. Once this low has confirmed, we will look at the 4H timeframe to get an early top towards confirming on daily and weekly. For the weekly to continue going down, there is a less than 30% probability. So,highly probably,...
Hello Traders, This is an update on my EURCHF post (inserted below). The weekly bearish expansion is yet to happen, however, we can see that a trendline liquidity has been formed which would likely be hunted. Follow for more updates. EURCHF PREVIOUS ANALYSIS
This is the third swing low of Bitcoin on the daily timeframe. We will track and see if this holds to become a weekly bottom. The difference with this bottom confirmation is that there has been a trend change from a downtrend to an uptrend as shown in the chart image. However,the volume spike is not huge. Another thing that we have observed is that the price level...
We have entered USDJPY on the daily confirmation bar on a long trade. This is based on a daily P1 trend continuation move, and along with a weekly continuation trade move according to our smart money framework indicator. You can see on the image below on which part of the cycle we are in on the weekly timeframe and how that matches up with the daily timeframe....
We have entered Gold on the daily confirmation bar on a short trade. This is based on a daily P1 trend continuation move, and along with a weekly continuation trade move according to our smart money framework indicator. You can see on the image below on which part of the cycle we are in on the weekly timeframe and how that matches up with the daily. According to...
We have entered this trade on 4h confirmation bar and it went onto confirm the bottom on the daily timframe. However, the weekly bottom is yet to confirm. For it to go further higher and have a higher probability to confirm the weekly bottom, it has got to make a second higher bottom and take out the last swing high as shown in the image. Let's see how the trade...
USDJPY did not manage to go further north to hit our 50% OE target. It has hit our trailing stop. Trade order summary position: USDJPY(Long) Trail stopped out at 14658. Net P/L: -0.56% Profit @1% =$1000, -0.56% = -$560 Do refer to our previous chart image where we took the trade last week. To understand our ideas and videos better,we highly recommend...
We had a great clean move on silver past our 50% OE target. It has now hit our trailing stop. Trade order summary position: Silver(Short) Trail stopped out at 2320. Net P/L: 1.51% Profit @1% =$1000, 1.51% = $1510 Do refer to our previous chart image where we took the trade last week. To understand our ideas and videos better,we highly recommend watching our...
Hello Traders, NZDCAD has been in a long-term decline i.e., the price has been bearish for months and is likely to continue. The weekly and the daily charts have printed bearish structures. Price just traded into the daily order block and is poised to continue the bearish move. Looking at the chart, you would notice the relatively equal lows (sell-side...
Hello Traders, The dollar has been rallying for days and weeks and we are slowly approaching a potential turning point. Price has already cleared two weekly buy-side liquidity (previous high) on its way up and is approaching the third. Although I am speculating and willing to go short, the market structure doesn't confirm to me bearish sentiment. I have...
Pair : AUDSEK ( Australian Dollar / Swedish Krone ) Description : Completed " 123 " Impulsive and Making its " 4TH " Impulsive Wave at Fibonacci Level - 61.80%. Bullish Channel as an Corrective Pattern in Short Time Frame if it Rejects from the Upper Trend Line / Demand Zone then Long Term Sell
Below you can see where I posted about the last line of defense idea for bulls. I'm patiently waiting for tp3 and it doesn't happen, a good trade of two stop profits. You can also click on an idea to see where we came from.
I wrote about this project a few months ago and many people called out that $8 will not budge, but we need to know where the demand is. Big eco system that needs to do a lot more changes, but I think this is a great price to accumulate if you believe in this project. This is a monthly graph so it takes time for all this to play out, but is it worth taking the...
In this live trading session video,we look at our open positions and the potential trades setting up for the week on GBPUSD,S&P 500,Brent Oil,Bitcoin and many more. To understand our ideas and videos better,we highly recommend watching our following stream videos: 1.Trader Starter Pack 5 day video course Look on our channel profile or at our signature section to...
We have entered Silver on daily confirmation bar based on a trend continuation move, weekly correlation and according to our smart money framework indicator. So far it has been a clean move past our 50% OE target. It is a great runner and we will hold onto this position as per our strategy rules till it either hits our trailing stop or a price action signal to...
We have entered USDJPY on daily confirmation bar based on a trend continuation move, weekly correlation and according to our smart money framework indicator. As of now, there is some profit taking occurring in terms of seller bars. We will hold onto this position as per our strategy rules till it either hits our 50% OE target or our trailing stop as in the chart...