Ball_Axelrod

Ball_Axelrod

After making a lower low and mitigating the supply zone to make a new lower high, EURJPY will be looking to make a HTF lower low. Trade it at your discretion. Hope everyone have a great trading week

Ball_Axelrod

EURAUD -Price Action has failed to make a higher high, instead making a lower high at the Supply Zone at 1.6600. I think price will take out some Sellside Liquidity and make a HTF lower low. I’m expecting EUR weakness the next few weeks.

Ball_Axelrod

GBPUSD looking for a retest/mitigation of the supply zone and looking for the bearish structure to hunt FVGs and sellside liquidity areas.

Ball_Axelrod

GBPJPY is showing possible bearish sentiment with recent price action. Price has reached HTF supply zones and is reacting bearish. Price is also making lower highs and lower lows on the LTF. There is a possibility that price may go fill the imbalances before making the real bearish move. This is just an analysis, Trade at your own risk. Watch for the bank...

Ball_Axelrod

EURAUD very bullish due to AUD weakness. Price headed to weekly supply zone after one more pull back.

Ball_Axelrod

Weekly TF we having a newly formed supply zone in confluence with trendline and pin bar candlestick rejection from the supply zone. Possible evening star forming for a possible strong move bearish. Lots of selling pressure from the supply zone. Daily TF showing multiple confluences with the weekly supply zone, daily resistance level with multiple strong...

Ball_Axelrod

Multi-Time Frame Analysis of reversal on GBPJPY. Price was rejected by the trendline and sellers pushed price down to the bottom of the candle on weekly time frame making a pin bar. On Daily time frame we have tweezer tops with also bearish divergence on weekly and daily time frames. 12H and 4H time frames are showing momentous bearish engulfing candles. Also...

Ball_Axelrod

Currently GBPJPY is in a correction - Extended bear flag structure. Possible strong short if GBPJPY breaks structure - bottom trendline. Structure turned bearish due to break before formation of this channel we are currently in.

Ball_Axelrod

Strong USD news late last session kept GBPUSD in a bearish structure. An Area of Interest is approaching. Should be able to catch a few pips on a short before a possible reversal.