tonyeiyetan

tonyeiyetan

AUDUSD is currently trending downwards and recently broke structure. Price is currently testing the supply zone that caused the BOS. Look for confirmation such as WYCKOFF and a shift in structure on lower timeframes to confirm the shift and for price to move to our target areas. Always apply proper money and risk management.

tonyeiyetan

Price recently broke structure to the upside very impulsively but is gradually now decelerating and returning to origin that engineered the move with imbalance. looking for price to begin to make a shift in structure on lower time such as 15 mins for confirmation after price has tapped into the demand zone for mitigation. Always apply proper money and risk management.

tonyeiyetan

The supply zone that caused the break of structure is currently being mitigated, We can also see that price moved up relatively slower back into the supply zone than when it broke structure. Price has also just grabbed the sell side liquidity. The higher probability will be for price to begin to decelerate lower grabbing on the liquidity which it has engineered on...

tonyeiyetan

GBPUSD could potentially head north to first grab all the liquidity resting above 1.3550 giving us an opportunity to go LONG and then tapping into the supply zone potentially to react again for another opportunity to go SHORT into the demand zone sitting at 1.3450 region. Always apply proper money and risk management.

tonyeiyetan

Price broke structure to the downside and is now revisiting the supply zone that caused the structural shift. we will zoom in to lower timeframes such as 1min and 5 mins to look for structural shift back to the downside and choCH once price makes its way into the POI. Always apply proper money and risk management.

tonyeiyetan

EURUSD SHORT is working out beautifully well. As can be seen, price has now broken structure on 1 hour time frame indicated by the orange line and has shown a nice CHOCH (change of character) and a beautiful WYCKOFF distribution. The prerogative and higher probability of price now should be to deliver lower to test demand resting at 1.1300 region as first target...

tonyeiyetan

EURUSD is still delivering lower and recently broke structure. price is now testing last supply zone and could be heading significantly lower.