Very similar to our EURUSD setup we will be looking for a short from the key supply zone drawn up
This is a setup I will be dialed in on next week. I'd like to see price come into the unmitigated zone here with some rejection giving us more validation to taker the trade. We have a potential 1:5 risk to reward for this setup.
I'm expecting to see the dollar remain bullish. I will be looking for a posible buy entry from the demand zone drawn on the chart.
I'm expecting to see price push back into our unmitigated supply zone for a nice short opportunity with a high R:R
Price action is key. We can look for a buy set up if price rejects in the demand zone otherwise we will be looking for the short set up & continuation.
USDCHF has made some ugly bullish structure recently. A lot of it has to do with news but it can still tell us a story. We have made equal highs and it seems as if price is struggling to break that at the moment. If we get a break above this high we may be looking for possible buying opportunities otherwise if we get rejection in this zone we will be looking for...
It's Friday so the week is almost over but we still have a nice set up here testing a daily level and confirming a bullish bias.
We could be developing an inverse head and shoulders pattern giving us more confluence to possibly take a long position when price gets to the POC level. I will be expecting some rejection off the POC for more confirmation on the long position
Anticipating a short set up here. We have the volume profile making the P formation with a huge gap in between. That means if price happens to get to that point price will flyyyy through that empty volume profile zone bc there's very little liquidity to take.
We should have a nice short set up from the supply zone drawn on the chart. I will be waiting for price to retrace for a more precise entry
This is just the opposite of the setup I just posted for USDCAD. Makes perfect sense bc they usually move the opposite way. So here we will be waiting for price to retrace more into the value zone on the fibb for a possible sell setup.
I'm expecting to see price retrace back into the demand zone for a possible buy setup
As I have mentioned in previous posts the dollar is looking like it may have a bearish week. It could be some strong bearish movement. We can look for a short set up from the key unmitigated supply zone drawn on the chart.
I'm expecting price to have another pullback into the value zone on the fibb. I believe it will be a more precise entry than trying to short it right now. Overall though from the looks of it we may have a bearish week overall.
I'd like to see more of a pullback in the value area of the fibb for a possible buy setup. We broke and closed above the previous high so I am favoring a long setup for that reason
Structure has changed on the 15m TF. I will be looking for the safer and tighter entry. I will be looking to short from the supply zone drawn up on the chart here. This is a 4.5:1 Reward to risk ratio
Bulls are starting to slow down and we are starting to reject from a key supply zone. An aggressive entry can be made now but I'd recommend waiting for the retest of the next supply zone for more confirmation.
Fibbin out on GU. I changed up my fibb to only have a "value area" the blue area. Price usually only retraces 50% not 61%. Therefor I'm changing my fibb to this just to have a general value area like I said. Only 1 time out of the 4 did price actually come up into 61% in this example