CirculoForex

CirculoForex

Hello traders, I'm seeing some potential pb on USD pairs across the board. - The EURUSD is now sitting in H4 demand and I'm interested in potential buys, while being conservative and keeping in mind that the USD is the stronger currency atm. - This is a big week, full of high impact events, important to consider the most likely scenario that both directions...

CirculoForex

Hello traders, EURUSD has been inside a range since the beginning of the year. It's important to consider a few things: - The overall structure is bullish. - Price already took buyers and sellers by liquidating both directions. - There is also a bigger M15 range that price is respecting. My expectation is that price will at least mitigate the H4 supply...

CirculoForex

Hello traders, We are approaching the holiday season and volume tends to drop, sometimes it's better to expect a more "rangy" price action. I wouldn't be surprised if it takes out the last H4 swing high and returns back to the range. Given that, I'm mainly expecting four different scenarios: 1) Price reacts to the current chain supply and pushes down during the...

CirculoForex

Hello traders, Following daily structure, there's a good chance that the H4 goal was completed and price is now ready to continue lower. - After the huge FOMC reaction it's easy to get caught up into looking for a continuation opportunity but if we zoom out, it's possible to see a clear bearish scenario forming. - Price is respecting daily and H4 supply...

CirculoForex Updated 

1) EURUSD is on a daily retracement, which means that there's a good probability that the H4 will continue higher until it reaches a daily supply area. 2) H4 Structure is bullish and despite the strong reaction to the supply at the top, buyers already pushed the price up and it retraced more than 50% of the last move. 3) If price breaks the level around 1.0534,...

CirculoForex

1) EU had a strong reaction to daily supply today, suggesting that there's a chance the pb is over and will continue the bearish trend. 2) However, the H4 structure remains bullish and there are levels of demand where I'm expecting price to react from. 3) If price reaches those levels, the M15 will give some indication that the trend H4 trend will continue and...

CirculoForex Updated 

1) Following H4 structure. 2) Liquidation zone. 3) Unmitigated zone. 4) Expecting at least a reaction towards the H4 high.

CirculoForex Updated 

Price is reacting to H4 demand, the goal is to follow it. If it breaks this level, it will increase the chance of a deeper pb on the daily timeframe. If that's going to happen, I believe it should be during major high impact news, such as CPI next week. THIS IS NOT FINANCIAL ADVICE!

CirculoForex

I have a sell stop bellow the M15 low, will delete if it breaks above supply. DISCLAIMER: NOT FINANCIAL ADVICE

CirculoForex

Price is now reacting to H4 demand that I've talked about at the beginning of the week. I'm looking to take advantage from it. - Weekly demand - H4 demand - H4 inducement - M15 ChoCh - Entry at M15 demand after confirmation I need to see price retracing before making any significant move higher, then I'll wait for my confirmation. I'll comment when/if I take...

CirculoForex Updated 

Considering that yesterday the daily candle only swept the lows and it started to make a strong move higher, I'm thinking there's a chance that price will at least mitigate the H4 supply at the top. I'm currently in this long position. THIS IS NOT FINANCIAL ADVICE!

CirculoForex Updated 

This is following the previous idea. If wrong we already know what to do! Enjoy trading for what it is!

CirculoForex

Please search for my previous post, where I anticipated the last available effective demand zone and how important it was. Sure enough, price reacted on Friday and it's already taking H4 highs as mentioned. This is not a flex, as it's possible to do this very often with high precision, but an attempt to demonstrate how important it is to have a clear analysis...

CirculoForex Updated 

I’m expecting the week to start and take all of the liquidity above those highs (red dots). The volume of that move higher will be very important to take into consideration. The issue is, the week needs to make a new low and that fact alone will probably give bears an advantage from my POV. To make a significant low on the weekly, price will probably have to...

CirculoForex Updated 

Price reacted to the H4 demand but sellers came into play again very strong from the M15 level of the previous post. The expectation was for a reaction but not for a reversal and another break of structure. The only reason for price to do this, is to grab more liquidity and react to the bottom of the 1D/H4 demand, where the M15 level is. That's exactly what I'm...

CirculoForex Updated 

This is a continuation of my first post, please go read if you haven't. Price is inside daily demand, provided a reaction and then came back deeper to the H4 level that I had marked. Today the M15 internal structure changed and it's now bullish, suggesting that the pb is over and price is ready to move higher. The first target is the most recent H4 high and then...

CirculoForex Updated 

This is a continuation from my previous idea. If you haven't, please go read it so you understand my reasons for being bullish. Price is now rejecting from M15 supply at the top of the range but my expectation is that it will break above it and reach the next level of supply tomorrow. This will make the M15 structure bullish and it increases the chance for a...

CirculoForex Updated 

1D -> Even tough price has been bearish for the last couple of weeks and today had an impulsive move down, to me this is still just a pb and I'm expecting price to react to the current daily demand. H4 -> Price is also coming very close to H4 demand, it's not my favourite zone but it's still valid, considering it was responsible for an impulsive reaction. M15 ->...