About meIndependant Trader focusing on market structure analysis, advanced pattern recognition and Fibonacci ratios to identify high probability trading opportunities and seeking liquidity zones to enter with strong momentum.
Through my experience in looking at the charts I am always trying to improve my trading skills, in this trade I would like to show you how I manage to find my best entry zone where I predict the market's turning point.
- We can see that the market is approaching a Daily major structure with a nice ...
Nice area o watch for a short opportunity. The price is approaching the Daily supply zone (Major structure), the strong momentum to the upside is giving us some clues on the area acting like a magnet (zone of high liquidity). The RSI is already in its extended area.
1 - The agressive way to enter this trade is to ...
Nice area to watch for a SHORT opportunity.
Break of HTF trendline showing the BEARISH price bias. The 20 &50 SMA is pointing south so I am predicting the retest of the trendline before going SHORT around 1.0865's with two targets.
An extended RSI will add more weight to my trade.
Hi Traders,The price has broken down the previous SUPPORT structure and is pointing down to the next down structure level.
The 20 and 50 SMA is confirming the downtrend.
I am predicting a retest at 103.70's before going short with two targets.
The price is forming a nice CYPHER PATTERN right on a Daily supply zone and currently respecting the Daily downtrend (black trendline).
The RSI has entered the overbought area.
Nice confluences increasing my wining expectancy of this trade.
I would like to show you how to build a case for entry with a pure technical structure analysis.
- We can see on the chart that price retraces to the 50% Fibonacci retracement
- Then it projected right on the 141.4 Fibonacci as I expected forming a nice Harmonic AB=CD move
- The RSI in entering the ...
Area to watch for a potential turning point.
The price is entering a Daily supply zone with an 88.6 Fibonacci confluence. Nice risk/reward on this trade with two
potential targets on structure.
Any other confirmation will be added to strenghten the probability :
- Advanced pattern on lower ...
Nice area to watch for a long opportunity. The price is entering the Daily demand zone, again strong momentum to the downside attracting the price like a magnet (zone of high liquidity).
The RSI is also entering its extended area
High risk reward on this trade with an entry on H1.
Nice area to watch for a short opportunity where the price is attracted like a magnet through a high liquidity zone i.e the Daily supply zone. The strong momentum is giving us the clue that this area could be a turning point.
We can also see the confluence with an advance CYPHER Pattern adding more weight to the ...
Nice area o watch for a short opportunity. The price is approaching the Daily supply zone, the strong momentum to the upside is giving us some clues on the area acting like a magnet (zone of high liquidity).
The RSI is already in its extended area.
Nice risk reward on this trade.
The Market is retesting the Head & Shoulders pattern neckline.
Look left it happened with the same pattern (and happened quite often).
If we speak in terms of liquidity, we can guess that all traders that went short on the break of the first neckline have moved their stop loss thus explaining the massive move up ...
Nice area o watch for a short opportunity. The price is entering the Daily supply zone, again strong momentum to the upside attracting the market like a magnet (zone of high liquidity). Decent risk reward on this trade.
Nice area to watch for a bearish trade where the market is pulling deeper within the supply area for a better filled price (for me).
The RSI is entering the oversold area.
My target is the next daily demand area (red box below).