The bearish englufer made the entry easy. Wait for the base candle (bullish) to be retested by the candle forming after the engulfer. On the LTFs, it is a break of market structure. The pullback after the break is the high probability entry. Congrats to those that benefited from the analysis! Leave some feedback, people! Smack the LIKE button now! LOL
The 4H TF is bearish. There may be a sweep of the weak highs into that supply zone, but I believe price will resume the bearish trend.
EURUSD is pulling back.... and potentially setting up an opportunity. I am looking for high probability shorts to take in this bearish market. If we catch it right, it could mean 100+ pips. Let's go!
EU may be retracing to a great POI to take a sell position. There are counter trend trades available along the way there! Let's see if we can capitalize on the Friday opportunities!
The market is bearish. The FOMC news gave it a boost, but I believe this may be short term. I'm looking ofr bearish PA at the POI. If that presents itself, then a sell would be the move to make.
ETH has broken structure to the upside, and now in retracement. I believe it is setting up a great long position.
Price seems to be displaying a change of character, shifting from bearish to bullish momentum. This presents an opportunity to take a short term long position. Waiting for a confirmation entry is key here. Allow me to show you how I do it.
Price had reached an area where there were previous rejections... but I was waiting for the sweep of Liquidity first. Once that was done, then I look for the double confirmation entry. Here's the breakdown.....
Price HTF broke structure and retracing now, trading into an unmitigated, imbalanced demand zone. I like this OB, as it is the origin of the bullish impulse that led to a BOS. Looking for bullish PA on LTFs at this level to see if there is a CE (Confirmation Entry) made available.
Adjusting to the price action, an updated look at the current market shows price is bearish, making LHs and LLs. It is now at a what I believe is a valid demand zone. I am looking for bullish PA that may indicate a market shift here, where the market may be turning from bearish to bullish momentum.
Price is in an uptrend on the HTFs, but is bearish on the 15M. This bearishness may be short term, as price is potentially making a HL. The possible pivot points are our marked POIs, where I will look to enter long. No confirmation, no trade. I need to see price shift from bearish to bullish momentum before any long entry.
Am I seeing a Bearish Pennant? Has price brokent structure to the downside, and now retracing to supply? I see the argument for upside, but I believe the PA is showing further declines are imminent. I would love to get some feedback on this analysis. Share your opinion and your ideas for BTC in the comments section. Thank you.
Gold is still in correction, ranging. I believe there is an opportunity setting up, as price has broken structure to the downside. The move that follows is where we we follow the footsteps of Institutions to profit. This is the buy-to-sell move. Short term buy to a longer term sell.
Price may be setting up for a further drop. It has formed a bearish engulfer, and may test it before further declines.
There is a short-to-long move here for the adventurous. ; ) For more analysis, hit the "Find Me" button below to check out my channel. Hit the Like button for more free trading education and analysis.
EURUSD is in a well defined trading range, entering an accumulation phase back in November. It is due for breakout. Until that time, the range play of trading the extremes works well. Wait until price reaches the extreme, and execute. Caution: Let price indicate which extreme it wants to go to before entering a trade. There is an opportunity to buy... then...
The DOW, like the other indices, has seen a rally for the last 3 days, leading into the Christmas holiday. A Santa Claus Rally, if you will. Price has reached back into HTF supply, and may have a short term bearish reaction. Overall, I am looking for the recent highs to get raided for liquidity.
Bitcoin hit the Weekly demand and reacted bullishly from there. Looking for a retest of the bullish order block, then continuation of the bullish momentum.