Hello guys, AUDJPY has approached a monthly supply zone but this does not mean I am expecting an overall massive reversal. If you look on the weekly timeframe, the pair is quite bullish in structure but I think its more of a bullish trap that a bullish move. Since price took out liquidity of the previous weekly high and is at a supply zone, it should be expected...
Hello guys, GBPJPY has approached a monthly supply zone but this does not mean I am expecting an overall massive reversal. If you look on the weekly timeframe, the pair is quite bullish in structure but I think its more of a bullish trap that a bullish move. Since price took out liquidity of the previous weekly high and is at a supply zone, it should be expected...
Greetings guys, I have come again to give you trade ideas and market secrets (mines ;)). CADCHF has been bullish for some weeks then we had the bearish retracement (impulsive). Currently we are bullish both on the daily and weekly timeframe. But... there is a but... Price has a monthly strong bullish bias but as I have noticed over time, it will not make this...
Hello traders, First off, like and follow for more. Also leave comments and ask questions. Now, AUDNZD has broken its previous high and seems bullish at the moment. My analysis on the monthly timeframe indicates a strong bullish move but the weekly did not retract properly and that means that it has set a liquidity trap which it needs to clear to make that...
Hello guys, I hope this week has not been so bad. Anyways, This USDCAD trade could be a nice one to close the week assuming price gets to my point of interest and checks my criteria for entry. USDCAD for me is bearish on longer timeframes like the weekly, daily etc. but why I am interested in this long is due to my understanding of the market. Which is, for...
Hello traders, As you must have noticed, this pair on a larger view (monthly timeframe) is bearish, weekly timeframe seems bullish but on the daily, price is retracing from the bullish move. USDCHF is likely to take out the immediate low is created. You will be able to notice this on my chart as I marked it as liquidity. If price breaks this low, I will likely...
Hello Traders, EURGBP is set to be bullish long term (at least for 2 months) and the weekly timeframe has adjusted accordingly to take out the daily trendline liquidity. The only issue is, for price to go bullish on both the weekly and daily, it must first take out all the liquidity pool it has created. My approach is for price to go bullish, trigger the supply...
Hello Guys, GBPJPY has taken out the daily high and in-turn has swept liquidity and we expect a move downwards. Price seems bullish on the weekly timeframe but I expect that price heads downwards to take out liquidity before it goes forward if at all it wants to continue bullish. What do you think. BR David
Hello traders, I guess you are gearing up for the market to open.... anyways, click agree if you like my trade ideas. For this trading week, I am watching USDJPY for a short opportunity. As you can see on my chart, I have marked my supply order block in which once price enters the marked region, I will go on lower timeframes to look for an entry. You will also...
Hello traders, If you agree with my trade ideas, like it. If you don't, let me know why in the comments... thank you. This is an update on my previous EURGBP trade analysis. The long is still valid and my limit order is still active. What I did on this chart is to adjust the buy side liquidity pool according to recent price action. If you look at my previous...
Hello guys, Before I state why this long trade, if you agree with the trade idea, like it. If you think otherwise, let me know in the comments why... Now, I have been monitoring this pair for a long trade because the weekly and daily are bullish in structure and price has cleared two demand order blocks. The most recent sweep of the daily demand order block has...
Ladies and Gentlemen, There is something about liquidity pool and grab that I have noticed but I will not be talking about it in this post. Maybe soon. Anyways, EURGBP recently cleared the monthly liquidity pool, and it is heading to clear the trendline liquidity pool which can be seen on the weekly and daily timeframes. As for the 4H timeframe, I have marked...
Hello guys, As we all know by now the dollar has been heavily bearish in the past 2+ weeks. although on the monthly timeframe, it is still bullish but for now it is bearish. Now, on the USDCHF, I am looking for a long opportunity as the pair is coming close to a demand region but I only did this analysis based on request. As you can see, I have marked the...
Hi Guys, This pair tapped into monthly and weekly supply order block and the daily is heavily bearish. As you can see on my chart, I have marked the liquidity pool which I expect price to go and sweep then trigger my sell limit order and proceed downwards. Simple and straight forward trade. Enjoy. David
Hello fam, This pair is building liquidity on its way to the supply order block. Now, most people will be eyeing the previous daily high to look for the supply order block but will ignore order block just above the daily high (where my sell order is). One thing for sure is that for price to make the move downwards, it must takeout the majority. Always know this,...
Hello Guys, The CHFJPY pair has likely swept the monthly liquidity and is retracing for another bearish leg on the weekly. Looking at my 4H chart, you will see that I have marked all the liquidity sweep that price is likely to make before continuing bearish. I am expecting price to try to go bearish from where it is currently to make people think the bearish leg...
Hi guys, I was looking for a short on this pair last week but price didn't get to my sell order. Now price has created a liquidity pool which it is likely to sweep (might be soon or later). I have marked this liquidity pool for you guys to take note of. Enjoy. David
Hello fam, I have not been feeling to well hence the no posting streak. Anyways, I am looking at taking this short next week as price has cleared the previous daily high and will need to take liquidity from somewhere to make the move down before likely heading to the weekly supply order block. The monthly is also heavily bearish but I do expect another bullish...