gbpaud short in line
confluences to go short :
have swept large pool of liquidity to left hand side
taken out early buyers
order flow has realligned with my higher time frame narrative
waiting for liquidity to be swept on 15min time frame as show in screenshot
after 15min liquidation, wait on bearish engulfing canlde to enter position
happy trading!!(:
Confluences to go Long (Buy)
1. Overall, up trend.
2. Broke above Major Key Level. (MKL)
3. IF we can get a rejection off of this 0.236 fib zone with an engulfing candle closure on lower time frames, will show me that there is pressure and momentum heading to the upside.
4. This MKL is also at 0.90000, that is usually the areas the Banks love to trade from....
Confluences to go Long (Buy)
1. Overall, looks like we are pushing up with momentum.
2. Price is respecting the golden fib zones.
3. The 4hr candle close as a bullish engulfing showing that the buyers are stepping into the market at the key level.
4. Trend line is being respected as well.
1R:2R
Like and Comment! Feel free to drop suggestions!
Happy Trading!
Confluences to go Short (Sell)
1. Overall, we are in a down trend.
2. Continue to make lower lows and lower highs.
3. We are approaching a Major Key Level, (MKL) which is at 1.06250
4. Currently in our Golden Zones (0.618 and 0.5)
1Risk:4Reward
Feel free to share your suggestions and comments!
Happy Trading!
Confluence to go Long (Buy)
1. Overall, we are in an uptrend, as we did break above the previous lower high.
2. Came down to retest the previous lower low.
3. Showing rejection of the 0.786 Fib Level.
I do not count the news wicks when doing the fib. Also, EURCAD created a trend line for support.
1R:2.5R
Happy Trading!
Confluences to go Short (Sell)
1. Overall, we are in a down trend.
2. Broke through a Major Key Level. (MKL)
3. In the Golden Zones (0.618 and 0.5)
Looking for clear rejection of this MKL on lower timeframes for potential Short.
MY entry price is 0.97750
1R:2R
Happy Trading!
Confluences to possibly go Short (sell)
1. Overall, we are in a bearish trend.
2. Created and holding this resistance zone very nicely. Forming triple-top. As well as holding the trend line to the downside.
3. In the Golden Zones (0.618 and 0.5)
Looking for a move to the downside, entered this trade on the 1hr timeframe because an engulfing bearish candle...
Confluence to go Long (Buy)
1. Overall, in an uptrend.
2. Created and currently respecting nice support level.
3. Rejecting the 0.382 Fib Level.
All i am waiting on is for a move back into this level so that i can be triggered into this trade to catch a quick move to the upside
1R:3R
Happy Trading!
Confluences to go short.
1. overall downtrend
2. clear break of support
3. if we get retest of this resistance with multiple rejections, and the 4hr close results in an engulfing bearish candle.
waiting for a bullish engulfing to close at this area in order to enter this trade showing signs to the upside, there is also hidden divergence being shown, as well as multiple wick rejections to the downside
waiting for a clear break and retest of this resistance zone, once we get that we have a really really good setup to the upside! just my vision, feel free to suggest any suggestions.
