We can observe that GBPCHF is in the selling structural range. Prices has previously failed to make HH and now giving a continuation move to complete the range.
AUDUSD has developed a bullish weekly candle along with a bullish Wednesday candle. Now on Thursday, price couldn't continue that momentum and getting rejection from the daily open which aligns with the break of structure from the previous range. Analysis comprises of DXY correlation which encounters bullish pullback. I hope it will be help for the community.
Here we see prices were unable to form a lows. We can see bullish engulfing candle , and a proper break of structure that forms an order block which is now activated. Although it is an aggressive entry but can be a great opportunity if aligns with the momentum of pre London opening.
NZDCHF has been a choppy market in downtrend. We can see a upside channel developing which later on pushed the prices on downside. There was a first touch in the order block on 4h timeframe and then prices unable to break on upper side giving us failed HH. This could be a potential setup.
Keeping the sell side momentum valid, GJ is showing the rejection with in the local range of 30mins timeframe with the doji candle. Certainly can be high probability trade.
CHFJPY has been bearish and now continuing the structure. what you think? share your comments.
Continues breaks of Structures to towards sell side.
Consider price is in the downtrend- LL, LH formation creating IMPULSIVE MOVE. Mostly corrective move have 3 upside failed pushes and another BoS on downside and failing to retest creates "pinbar" and price extend further downside breaking 3 candle retracement. After that any pullback into an OB i.e. failed retest could be a potential opportunity. (1st) Failed to...
In GBPJPY, trend continuation formation after the reversal. Expect the breakout after buyers are getting stronger.
Sellers are getting induced in the corrective move of EURAUD, could provide the momentum to drag the prices down.
EURNZD-NZD seems to take the strength. Currently we see clear BoS on previous range. Then we witness the pull back and now as we getting the retest of pull back. The sellers are taking the control of this high and can eventually push the prices downside with the momentum if selling structure really exits.
I break down the key confluences used by professional traders to make high-probability trades. Learn how to leverage Daily Highs/Lows, spot Pin Bars, recognize Engulfing Patterns, and understand Break of Structure to enhance your trading strategy. I'll also dive into Demand Zones, Fibonacci Retracements, and Trendline Analysis to show how these powerful tools can...
Currently I shorted the EURO. In intraday price has taken out the highs, liquidity is underneath has to be taken out. The parallel channel is the range. HF trade. take partial profits.
Currently Eurusd is in the range, until and unless EURUSD breaks the range its in the short bias. The range is really strong while I have marked some orderflow. TRADE AT YOUR OWN RISK