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Hello Traders this is my idea for EURUSD 15 min timeframe.
I see this pattern a lot.
Price makes double bottom fakeout then we see nice and clean momentum and break of structure and then continuation pattern.
But first sl hunt and then price goes BOOM.
Trade was not forecasted
Entry type: Average
Trade Type: Day Trade
Trade idea for CADJPY 4H timeframe: Dont need to explain too much
You have full trade breakdown on the chart! Check it out!
Trade is forecasted in advance
Entry type: HP ( Safe)
Trade type: Swing
Be cerefull with this corrective pairs and only look for corrective retest or this trade can go wrong so fast.
Same price action on this one!
Pair correlation on this two,so watch out if u risk 1% per trade(best risk) on 1 trade u will risk 1% more on second cuz both will prop come at your entry at the same time.
You need to plan in advance always and always be ready for situations like this! Look what is your risk tolerance and know your risk exposure on every given...
Nice and clear Wyckoff Distribution on Dolar Index. I will explain below what all the letters on this chart mean so that you can understand it better.
PSY—preliminary supply, where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching.
Rly nice reversal forming on GU. We can see bigger descending chennel and a nice breakout. Dnt like the fact that price rejected this previus high but if we look structure it deffinetly did break mrh. If price comes on this strong demand zone it will form Inverted Head and Shoulders Pattern too and we know that is rlh HP reversal setup when we see inverted at the...
Nice and Simple Price Action on this one. Price was moving in descending channel and we did had nice impulsive breakout and strong close. I will see what price whants to do next and if i get my entry criteria i will look for buy opputunitys
Hello Traders. Hope you all had a great weekend and i hope u are preparing for week ahead. This is my analasys on EURJPY and what i see from price action. What do u all think of this one? Let me know in the comments below. Wish you all great trading weak.
Hello guys hope u are all having good week. I will start with this series and i will name it patterns that i like to trade. If u like it drop a like and comment and maybe i will start doing full video breakdowns in the near future. Wish u to catch many many pips this week.
According to Wyckoff, the market can be understood and anticipated through detailed analysis of supply and demand, which can be ascertained from studying price action, volume and time. As a broker, he was in a position to observe the activities of highly successful individuals and groups who dominated specific issues; consequently, he was able to decipher, via the...