jabariofafrica

jabariofafrica Updated 

Hello Traders, Disclaimer: I don't trade crypto but this is my technical analysis of the currency... I do expect to see price get to that level. Interesting to note, is the buy-side liquidity we have on the 4hour timeframe. Let see how this goes. Cheers, Jabari

jabariofafrica

WHY DOES PRICE MOVE IN THE FOREX MARKET? A simple answer to this question is... price moves for 2 major reasons To take liquidity To fill imbalances or price inefficiencies I will break this into two parts and discuss Liquidity first. What is Liquidity in Forex Trading? Liquidity is the presence of orders at specific prices in the market, ensuring that...

jabariofafrica

Hello Traders, This is a very interesting pair I would like to bring to your attention. My approach to this is using the M and W patterns to build a narration for this long trade. Starting off on the monthly timeframe, you will notice that price is making a bullish continuation and we just created a bullish CHOCH. The 50% fib level on my chart was draw on the...

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jabariofafrica

Hello Traders, Thank you for your regular support. I have made my first video showing my bearish expectations of the pair. You will see firsthand how I approach the market. Let me know in the comments, if I should continue making such videos and what pairs I should do. Follow for more. Cheers, Jabari

jabariofafrica Updated 

Hello Traders, I trust you are doing great and getting reading for the new trading week. Here is my view on Silver. To begin with, I will draw your attention to the monthly chart. Based on where I plotted my monthly OB, go and look at your monthly chart. Price mitigated the manipulation. Hence the rally. If you measure that bullish candle that price mitigated...

jabariofafrica Updated 

Hello Guys, This pair has been on my radar for a long time now. Let's break down this pair. On the monthly timeframe, a bearish CHOCH was formed and if you use your fib to measure the retracement, you will notice that the price has retraced more than the equilibrium price, meaning that GBPNZD is in a premium zone. This doesn't mean it would be wise to short the...

jabariofafrica

Hello Guys, I do hope the trading week has been fair to you. Now the breakdown of this pair. Let's start from the weekly, we have a bullish CHOCH on the weekly timeframe. Dropping to the daily timeframe, you will notice that we have buy-side liquidity (relatively equal highs) to hunt and the actual demand orderblock is below a swing low. (see annotations) You...

jabariofafrica Updated 

Hello Guy, It's another trading week and I want to share my view on AUDCHF with you. Legggoooo!!! If you take a look at the monthly timeframe, you will notice that price just reacted from a monthly orderblock. If you drop down to the weekly timeframe, you will notice that price had created a bearish CHOCH and has retraced to the weekly supply OB from which we...

jabariofafrica

Hey Guys, A quick one. On the weekly chart, we have a bearish CHOCH and price has retraced into the weekly supply orderblock. My speculation is that price will likely continue the bearish move from there. Follow for more updates like this. Cheers, Jabari

jabariofafrica

Hello Guys, Let me leave you with a quick one. Notice how price cleared the buy-side liquidity... and it seems like price might form an inverse head and shoulders pattern if the bearish move occurs. Follow for more updates like this. Cheers, Jabari

jabariofafrica

Hello Guys, I would just point out briefly why I will take this trade if my setup appears despite it being risky and I will also share why I think it is risky. Why is it RISKY? If you go on the weekly chart, you will notice there was a W pattern and price retraced and printed the continuation of the W pattern which should likely make us reach for higher prices....

jabariofafrica Updated 

Hello Guys, This pair is currently trading towards a weekly order block and we have a strong bullish rally into this zone. Price is likely to retrace from this level. The above narrative was simple yea. Follow for more updates like this. Cheers, Jabari

jabariofafrica Updated 

Hello Guys, I'd keep it simple. Price is trading into a weekly order block that hasn't been mitigated. Once the price hits this level I'd be watching to see if this level will hold to go long. Follow for more updates. Cheers, Jabari

jabariofafrica Updated 

Hello Guys, On this pair, price just traded into a monthly orderblock (see your monthly timeframe) and formed a CHOCH on the daily chart. If and when price will trade to the daily order block, I will be looking for my trade setup on the 1-hour chart to go long. The target will be the daily FVG that is unmitigated. Below are correlated pairs for your...

jabariofafrica Updated 

Hello Guys, The price just cleared a 3-month low and formed a CHOCH on the daily timeframe. If we get a retracement, I speculate that price will go to hunt the weekly buy-side liquidity. Follow for more updates. Cheers, Jabari

jabariofafrica

Hello Traders, We have a situation whereby there are multiple confluences for this bullish move. To start with, on the monthly chart, we can see that price is retracing while forming an 'M' pattern which will complete at the monthly demand orderblock which is a 'W' pattern. This simply means that we should expect bullish price movement. On the weekly chart, we...

jabariofafrica Updated 

Hello Guys, This trade is a simple trade if the right market structure presents itself in the weekly supply order block. One thing you should notice is the weekly order block (view on the weekly chart). The order block was created when the price printed a bearish CHOCH on the weekly timeframe. Price has not traded into this order block with a W pattern. If you...

jabariofafrica

Hey Guys, Longtime since I made a post. Been busy with personal stuff. I do hope trading has been profitable for you. Now, what you will notice on the weekly timeframe is a bearish CHOCH and price on the daily timeframe is approaching the weekly supply orderblock while creating a 'W' pattern. Once price trades into the supply orderblock, I will be interested to...