Very messy chart but hope my idea can get through. AUDCHF has been making lower highs and lower lows . The direction for me for AUDCHF at the moment is down . AUDCHF tapped into a valid supply zone and immediately gave a strong reaction . I entered first initially after the H1 showed me a bearish engulfing and scaled in another trade once price tapped into the m15...
An instant market execution idea but be aware that today is a bank holiday in JAPAN . Markets move slow and stop losses may be hit but the overall direction for me is down
Beautiful short opportunity but beware of the Canadian election . A good 1:4 RRR trade . Retest of the order block . Refer to my previous post for more insights on this trade
Over extended market . What i see is a distribution phase to allow more buyers to buy at a lower price . Break of H1 structure . Price failing to make higher highs . Sell for me although its counter trend but we can expect a pullback on the daily
Failure to make higher highs and break of m30 structure . Looking for short opportunities on EURGBP however i wont be doing anything until london opens . Preferably , i would start trading one hour after london session opens . So I will be waiting for another 3 hrs . if price is good and havent broken the swing high , shorts for me
I am in the trade . Refer to my previous post that I would only go short if the market gave me an evening star on the H1 timeframe. I feel the market faked out abit to chase liquidity and run some stop losses. After a break of structure on the 5 min timeframe and a clean retest , I have entered a short with 2 potential take profits . Would close half my position...
Very very bearish for EURUSD at the moment . I see a pullback to the 0.618 level or maybe even the 1.0 level to potentially form a double top . Descending trendline , however EU is respecting and rejecting the major key level of 1.7 at the moment . But current opinion is a pullback to potentially form a higher low and then a lower low . If the candle breaks 1.79...
I am looking for a possible retest at 0.9265(low risk entry) but potentially can take a short now if the 15 min timeframe gives a bearish engulfing (aggressive entry) . Happy trading week everyone !
