– Thursday Daily candle closed strong Bearish breaking out of the recent Daily range. I’ll be looking for potential Buys above 189.510 targeting 1h Resistance at 190.020 and 4h previous consolidation zone around 190.450, I’ll be looking for potential Sells below 188.940 targeting 4h Support around 188.320 and next 1h Strong Support around 187.890. Thursday Daily...
GJ has broke below structure and closed below zone on 4H timeframe. Also formed a Head n Shoulders and closed below the neck line. Zooming on the 1h we can also see structure broken to the downside and closed below zone. Price retraced and shown rejection @ 190.600 zone by forming a Doji. Having seen price rejecting zone I zoomed into the 30mins and 5 mins where...
– Wednesday Daily candle closed weak Bearish as price continues to consolidate within the 4h timeframe. I’ll be looking for potential Buys above 190.970 targeting 4h Resistance at 191.310 and previous Weekly Support formed on 22nd July 2015 around 191.840. I’ll be looking for potential Sells below 190.310 targeting 1h Strong Support around 189.940 and previous 4h...
Pull back! SELL Now ! 80+ pips on GJ GBPJPY has made a clean red candle below the support. Now that GJ has retested support and rejected it with a nice red candle we can take sell entries. Watch as GJ is near the weekly resistance . This zone has also been confirmed, so we can see a rejection to test previous support areas tp 1: 4hr and daily support tp 2:...
– Tuesday Daily candle closed weak Bearish forming Daily Resistance around 191.120. I’ll be looking for potential Buys above 191.300 targeting previous Weekly Support formed on 27th July 2015 around 191.840 and previous Daily Support formed on 10th August 2015 around 192.350. I’ll be looking for potential Sells below 190.450 targeting 1h Strong Support formed at...
This trade was kinda risky because there was no major inducement. I wasn't sure if there is enough demand to push the price to where I want it to go. Profits secured SL at BE. Let's see how it goes. LQP = Liquidity Pool Arrows = Inducement Points 2WT = 2 Way Trap
Simple trading - Gold is holding for its life below the 2040 Level. Let's wait for more candles to close before committing to a buy. Gold is bearish on the higher time frames. Keep in mind the Daily triangle that has previously been broken and is now retesting. (see previous gold chart) BULLS: watch the lower blue trend line. If gold can keep rejecting the trend...
– Monday Daily candle closed Bullish filling the previous Weekly High. I’ll be looking for potential Buys above 191.330 targeting previous Weekly Support formed on 27th July 2015 around 191.840 and previous Daily Support formed on 10th August 2015 around 192.350. I’ll be looking for potential Sells below 190.900 targeting 4h Support formed at 190.450 and 1h Strong...
GJ closed above zone on the 1H and now retraced. Upon retracement was looking to enter buys around 191.10 zone which was further confirmed with an internal BOS on 1min. Once I saw this added confluence entered Buys @191.100 with sl@ 190.87 (Risking 23pips). Aiming for a 1:3 R:R. TP1: 191.75 TP2: 191.97 ...
– Previous Weekly candle closed strong Bullish at 190.650 , Friday Daily candle closed weak Bullish leaving a Rejection wick to the upside. I’ll be looking for potential Buys above 190.840 anticipating for price to fill the previous Weekly High at 191.140 and previous Daily Support formed on 28th July 2015 around 191.460. I’ll be looking for potential Sells below...
– Thursday Daily candle closed Bullish as price fills the previous Weekly High. I’ll be looking for potential Buys above 190.800 targeting previous Daily Support formed on 28th July 2015 around 191.460 and previous Weekly Support formed on 27th July 2015 around 191.850. I’ll be looking for potential Sells below 190.250 targeting 1h Support formed at 189.800 and...
– Wednesday Daily candle closed Bullish above recent Daily Resistance formed on Wednesday 14th (last week). I’ll be looking for potential Buys above 190.000 targeting previous Weekly Support formed back in 2004/2005 around 190.340 and Daily Rejection formed on 27th July 2015 around 191.000. I’ll be looking for potential Sells below 189.610 targeting 4h Support...
– Tuesday Daily candle closed weak Bullish and Rejected Daily Resistance formed Wednesday 14th February (Last week) as price still consolidating on Daily timeframe. I’ll be looking for potential Buys above 189.670 targeting 4h Resistance formed at 190.030 and previous Weekly Support formed back in 2004/2005 around 190.300. I’ll be looking for potential Sells below...
– Monday Daily candle closed weak Bearish as price ranged overall on the 4h timeframe within the no trade zone so the analysis will remain the same as the one posted yesterday. I’ll be looking for potential Buys above 189.470 targeting recent Daily Resistance at 189.820 and previous Weekly Support held back in 2004/2005 around 190.300. I’ll be looking for...
Price seems to be forming a Head and Shoulders pattern on the 15m tf. price recently made a supply zone (.61500-525) and a choch. price retested the neckline of the "H&S" and went up to retest resistance at .61475 and after forming the choch. we can make a entry on a lower tf when price makes a choch. we can take profit at the next demand at .61250
– Previous Weekly candle closed Bullish breaking above recent Weekly Resistance, Friday Daily candle closed small Bullish forming Daily Support at 188.850. I’ll be looking for potential Buys above 189.470 targeting recent Daily Resistance at 189.820 and previous Weekly Support held back in 2004/2005 around 190.300. I’ll be looking for potential Sells below 188.840...
Price made a double top at 0.88168. it rejected the high zone with a bearish engulfing on the 15m and also formed a head and shoulder. we can use price action on lower tf for a entry at the retracement of the right shoulder and .618-.786
GJ giving some nice areas for potential moves, mainly i can see we are using the short term lows as a clear area to build up liquid for a deeper retracement, if this move does take place it will shift us back into a bearish swing range as the 5min price action is currently sitting within a bullish range, this range isn't the strongest but is still valid in terms...