gfx-trading

gfx-trading

Looking at a first push down on the NZDUSD yesterday. Price has now entered an accumulation phase and my preference is for price to breakout to the upside to collect more orders and clear imbalance before another move down.

gfx-trading

Looking at a first push down on the euro yesterday. Price has now entered an accumulation phase and my preference is for price to breakout to the upside to collect more orders and clear imbalance before another move down.

gfx-trading

Price broke through my upper level yesterday where i was looking to short at first.. Now looking at a re-test of the OB and a potential continuation ? Lets see what presents today..

gfx-trading

Still looking to the lower OB's for buys. We need to see PA present at the first level, so i intend to scale down to the lower TFs (1m + 5m) and look for a BoS then a retest before entering.. Trading dosnt need to be overcomplicated, just look for 2:1 or 3:1 targets and take the paycheck...

gfx-trading

Update from last weeks NU analysis,, 3:1 & 2:1 trades taken from the upper OB, buys hit overnight during asia....

gfx-trading

Looking at EurCad we have an order block in confluence with a KL at 1.4400.. I will be looking for a nice break into and/or above the order block for a liquidity grab, then if PA presents an opportunity to go short then i will look to TP around 80 pips at the lower structure...

gfx-trading

The short may have already left without me, but i am more interested in buying from 127.500 area Possible double bottom with plenty of liquidity for anyone who is currently long from that price area..

gfx-trading

Potential set up on AU, could see around a 50% retracement back to fill the imbalance before a push up from arround 0.70750 ??

gfx-trading

Currently in a short to the lower buyer liquidity zone, lets see if we can get to a full TP then ride the buys back up? Risk free long for us in GFX because the TP on the current trade will cover the SL if price breaks below the buyer liquidity level...

gfx-trading

Price is forming a head and shoulder pattern on multiple time frames, My preferred entry is to see price attempt to break under the 4h zone towards the central daily channel support level. Fib 0.5 is around 1.20600 and lines up with the central support and left shoulder. Line up your confluences and only risk what you can afford to lose if you take this...

gfx-trading

GU -4H We have our main TL but also look at the secondry TL (Light Grey) I have makred the "buy-zone" in orange. I believe we will have a brekaout because there is a H&S on the 2H chart, but many will fail to see the secondary TL in confluence with the neck-line of the H&S.

gfx-trading

Price trending in a bearish channel since august last year on the daily TF's Price is clearly rejecting the resistance in confluence with the channel TL. On the 4h chart, I believe we have a 4h consolidation box formed. We need a breakout before looking for any entrys.

gfx-trading

GJ - 4H Bullish bias again, however, price is failing to break above the resistance level. We could see another bearish push to the TL before looking for longs and a possible break of the zone on the 6th attempt.

gfx-trading

Price is currently ranging over 500 pips month on month. On the 4h we have a bullish bias, secondry TL is broken. If we have a bearish push, buys off the 3rd touch of the TL are possible?

gfx-trading

Price is still bearish, however we have a break above the secondary TL and zone I'm not overly interested inthis pair tbh, however I will be watching for potential longs if a good setup presents

gfx-trading

EG - 4h We have price sat at a strong resistance zone in confluence with the upper TL Preferably an small push back to the channel and zone crossover before looking for shorts

gfx-trading

Price is Breaking out of a wedge pattern on the lower time frames, we also have a H&S formation forming on the 4 hour My preferred entry is to see price break out and retest the wedge pattern before taking a short order. Line up your confluences and only risk what you can afford to lose if you take this trade. TP somewhere around 60-65 pips to the lower support.

gfx-trading

AudNzd formes an inverted head and shoulders, then rejected the neckline... Price now appears to have formed a bearish triangle and could possibly break out on the 4h time Frame.. I am considering a short position if price breaks out