took profits 5 minutes after entry 20 pips rentered and still in up over 50 pips. nice buy, i got a few msg asking y the f*** did u buy that like that. well if u look at original post it hit middle line under structure, thats where large traders have to place orders , so with support confluence and a drop less than a certain amount below true structure can be a...
nice high and divergent at a resistance zone, can sell into this pair. i recomend entering from 15 min above next consolidation.
usually they reverse the market when they give such a clear sell in the charts but this one had too many tell signs in price pointing downward. and its dropping sooner than expected.
nobody likes my post but they usually are very accurate. ucad didnt draw down 2 pips on my 10 pip sl. i said long at a very bearish moment so nobody agreed, but in profits by far,
i posted this setup while the hr candle was still red, it went up 20 pips already. 10 pip sl. precision on this trade glad to be able to up a lot size. in the face of momentum i took the trade at market structure and fork line.
pullback from here seems very appropriate . middle fork line , right under low of structure that made a high, nice yank. lets see if i can stay blue from here.
straight foward sell setup, clear as day all i can say. two sell fractal bars hanging through the zone. only thing that concerns me is why it looks so easy.
very likely to get some type of bounce in the zone marked in chart. nice turn that broke a minor high. some buying power should be present. my sell is closed at 80 pips.
my analysis was correct , it gave a third fail behind large trader price action. if it comes back to horizontal line u can sell. i got in there.
selling from seemingly washout point in price. 3 fails to break at close of next hr candle if it closes bearish. in 15 min.
this pair has a lower low that was form with 2 failed attempts to break high that created the lower low. the second attempt had large trader price action implications for sell idea. but will wait on 3rd attempt which seems to be happening now.
buy limit is placed in the turn created before and during news last friday. strong buyers down there.
markup was accurate to take advantage of pullback then short from top parallel. sell now
near middle line at the same time approaching 61.8 retracement level. its currently at 50%. if it sells from 50% without touching middle line we will get a deeper drop. a sell here will require atleast 35 pip sl above the 61.8 level. there is plenty of room for 1 to 3 ratio trade still. best sell would be from 61.8 level where it crosses the middle line of fork....
eventho the sellers and buyers are showing almost equal strenght in this market gbpaud is making higher highs and higher lows on hr1 chart. now showing divergence after the sellers failed to break low again. price gave a buy fractal bar candle with divergence in a supply and demand zone. good place to go long with a sl 7 pips under wick of doji buy candle....
looking at momentum analysis, there was buy divergence capped off with a nice doji in 3 degrees of divergence in chart. target is set from last major swings in price as a dynamic target place at top line of fork.
im in a sell already at 1.3325 due to large trader price action hr1 chart. after seeing that type of price action i looked back 100 more candles at price. the last low is not really sitting in a strong zone like the one marked in the chart. market may bounce right there but its going past that. hr chart traders got snatched. i marked sweet spots for buy...
there is a clean momentum turning point line on chart in the last important low. important because that low created a higher high in a clean turn of organized price action. that blue line on chart is a good tp for sell and a very nice spot for a buy limit order. sl 40 to 50 pips and tp 150pips. i caught gbpaud same exact way this morning. clean turn guys very...