Price has been making LH and LL's, broken 4h structure and potentially formed an new LL. Waiting for price to pull back to supply levels for continued drawdown. Multiple options depending on price action within supply zones. Waiting for MACD reversal and Stoch to show over-brought as confluence when sell order is placed.
If price reacts to the supply zones and pull back to make a new lower low.
If price pulls back to 1H supply zones, a potential for a sell order. Price may pull back to the 4h supply and bypass the 1h. Waiting for MACD and Stoch confluence and price actions signs for when to sell.
Weekly: Price is Bearish below the 200ema, with several weeks of strong bearish pressure, with a strong imbalance candle. Forex Screener: Sell, above 20ema but below 50 and 200. Strong doji candle showing potential of reversal underway. RSI is currently over sold and reinforces potential. reversal underway. Daily: Price is still working within an bearish...
Weekly: On a clear downtrend making LH's and LL also below the 200ema. Strong Sell on Forex Screener. Possible Double Bottom on the Weekly. Daily: Price is making LH's tapped into Daily Supply and is heading back to previous demand. If price falls through the weekly previous support would be a target. 4H: Price has made a series of LH's with a large bullish...
Weekly: Price has broken past the weekly structure, below the 200ema whilst also showing sell on the forex screener. Daily: Price is making LH and LL's, breaking structure. Price has yet to move back to supply. Daily Swing Low will be a good area to confirm a further drop. Target: Weekly Structure Low. 4H: Price has reacted off the 4H supply zone and showed...
Weekly: Bearish down trend, making structured LH's and LL's. Patterns: No patterns as the potential double bottom for a reversal has been nullified. Indicators: MACD: Bearish RSI: Sitting on 30 Forex Screener: Strong Sell, Below all MA's. Bias: Bearish Daily: Price has come out of an ascending, corrective channel and a double top. broke Daily structure to...
Weekly: Not forming the best structure currently. price has made a series of HH's but has now began to make a LH and potentially a second LH, however, this wont be confirmed until the LL has formed. Pattern: Price is ascending with a positive trend line but would break if it pulls back and breaks structure on the weekly. Assessment from the Weekly: although...
One of my best trades to date. Price had retraced to the 0.786 level with multiple wick rejections within the 30M supply zone. A series of doji and pinbar's signalled a possible reversal. A sell stop was placed on the 0.786 level and price broke through with momentum. TP was initially the major low but was closed towards the end of the trading session as I...
Sell option if price fails to make a new Higher High and fall back down towards previous Demand.
1H: Price remains Bearish making LH's and LL's, If price breaks through 4H Swing Low and retests. Sell Limit will be activated.
Daily: Bullish, having made a move to the upside with a vast amount of momentum. price has pulled back, consolidated and moved back to the upside. Broken structure along the way. 4H, Price has broken out of a channel to the upside, formed a new High and retraced further. price has reacted off the 50% Fib level. 1H: Looking for buy only once it break through and...
Daily: Price is very Bullish, making HH's and Lows. Price forming good structure towards the upside. 4H Fib, Price has come back to the 50% level and the 0.382, formed a new LH then a new HH 1H: Price may have made the LH after reacting off the 1H demand zone Order placed at market on the open of the asian session (which may not have been good!!) due to the...
Weekly: Doji candles, Low volume and making LL's. Daily: Price is Bullish, making HH's and HL's, potentially the HL has been made but until the HH is made and breaks the structure level this will be unknown. Price on the daily may have reacted off the 0.382 level. 4H: Is Bullish making HH's and HL's. Price has formed a 4H Swing Low and reacted off the 50%...
Daily: Price is Bearish having made LH's and LL's. However, Price has reacted to the Daily Swing Low and showed wick rejection. For a sell to be taken, Price must break though with momentum and a pull back. 1H: Two potential ways to attack this trade. Trade the break out and retest of the channel, Or a pullback to Premium(50%) for sell trade, also wait for a...
Daily: Price remains Bearish, forming multiple sell candles whilst also closing below previous low structure. Bearish Daily candle with high volume. 4H, price is within a descending channel making LH and LL's. Price has broken structure with high momentum. 1H, Price has broken structure and breaking through descending channel. No retest back in supply...