Afternoon everyone, hope you're all doing well. GBPJPY - Buy opportunity Aggressive sell off before NY open. Indicating the market could be setting up a strong move. I know a lot of traders have taken long positions this morning. This aggressive stop hunt makes me want to get in now, expecting at least 160 pips from this move. If you want to join my telegram...
Afternoon everyone, hope you're all well. I've decided to publish my trades here due to demand on social media. Feel free to join the telegram group. Free daily setups. GBPNZD buys - has the potential to move a little lower, hence the tight stop loss. Happy with the RR and happy to publish at this price. Free Telegram - link in about me.
A large volume of sellers are trapped at July 2020 lows - who will have a strong desire to exit when price comes back to them - giving us a long entry.
DXY has trapped buyers and sellers on bottom and top of the monthly chart. This might become an operating range for next few months!
Trapped sellers (from 30m) inside a larger 4h zone - will have an urge to exit when price comes back to them - resulting in a long entry!
The volume of trapped buyers above Jan 2020 time high is very low (both on weekly and daily charts). I suspect that we'll see more topside so that market traps more buyers above all time highs before it reverses down violently!
Trapped buyers would have a desire to exit when price comes back to them
Shorts are trapped in a uptrend in USDOLLAR/DXY. They would have a desire to exit when price comes back to them
Trapped buyers will want to exit when price comes back to them
Trapped buyers in a downtrend will have a desire to exit when price comes back to them
Trapped buyers will have a desire to exit when price comes back to them.
Going into the new week, we can expect the Index Breaking the Market Structure to the upside and creating a swing low at the Previous Bullish OB before rising to create an higher high thereby clearing the Liquidity Engineered.
Previously i posted a gold ahort which was completely disrespected. Here is the updated version, ill continueto update this idea if anything rapid occurs -price looks exhausted from yesterday, I have 1773 as a resistance for a short.
I always update all my analysis, Give my profile a follow and view the outcome of these trades religiously Lets Go!
Ill update this trade regularly just incase it no longer valid! - Price respecting the trendline pretty well - Inversed Head & Shoulders pattern on the H1 -Price broke out support and yet to be tested.
I'll update this trade idea regularly =) - Price broke out of the double bottom on the M30 timeframe. - That resistance now becomes a level of support. - Additional accending trendline to support the long
Now here's my analysis on EURUSD and why I took this trade. It's a scalp trade in some points of view. If you have been following the strategies I've used for the past couple years is a small asian session range up till around 9-10pm EST and a clear 20-30 pip push towards one of the stop hunt boxes during london gap session. After consolidating/collecting enough...
Just when you thought you have seen it all. let's see how simple inserted trendline to the technicals plays out.