expect a higher low at 4.7-4.8, low volume breakout, spring formed previously, look for confirmation and momentum shift in 15mins timeframe, SL below $4 (prev spring and order block) , looking at $8 TP in short term (trendline and 4$ range of accumulation)
Good morning ladies and gentlemen,
Following on from the trade idea I just posted about EURAUD long. I believe that EURUSD could come down to fill the liquidity void that lies below as a result of the FOMC news release.
If it fills the liquidity void, I'll be looking to go long on this pair around the H1/M30 bullish Orderblock with my stop below the...
Goood morning traders,
After FOMC yesterday, setups are forming everywhere. We got a huge short on USDJPY and EURJPY as well as a long on USDCAD. As they've already moved, there's no point in me posting a chart analysis on that.
However, EURAUD is yet to move. EURAUD has traded down into a H4 Bullish Orderblock. The orderflow is currently bullish. I'm...
Gooooood morning traders! Hope you're all having a beautiful start to the week because our dear friend USDJPY definitely is.
After making an extended cycle upwards, price has hit our D1 Bearish Orderblock and created an M30 BMS structure allowing us to look for a high probability short position.
I've set two pending orders at these price levels with a stop just...
Gooood morning ladies & gents,
EURCAD has moved down into our Buy Zone.
Today I'm looking for an entry long as price has cleared the first area of SSL, I'm anticipating either a long from here. If it drops past this area, then the next area I'm looking for longs will be 1.49710.
Looking to trade price back up to the H4 / D1 Bearish OB, at each point I'll be...
Goood morning ladies & gents,
This trade is a hedge against GBPUSD seeing more weakness. GN has created a Bearish market structure from yesterday where price trapped through Friday's Highs. Price has created a BMS structure followed by a retracement back to the H4 Bearish OB. Looking to sell from here down to the 2nd level of SSL.
I'll be looking to take some...
Good afternoon ladies & gents,
EURGBP has presented us with a bullish structure. After correcting downwards to the H4 Breaker, price hunted below yesterday's low followed by giving us a Break of Market Structure on the M30.
Price came down in New York Gap time to pin the M30 bullish orderblock which confirms our entry. We entered with a stop below the bullish...
That's my long term prediction.
The price will likely go up retesting the order block, where smart money will Sell at Premium Price (right above equilibrium level).
Then the price will drop all the way down closing market structure and probably end up in OB (order Block).
Please comment below and let me know what do you think about it.
Thanks, have a great weekend!
Price hit the Weekly Bearish Orderblock then presented us with an M15 reversal pattern above the high of yesterday. Looking to take it short for an RR of 1:8 approximately. Will be looking to scale out profits along the way, currently in 21 pips of profit.
Since my last idea, price has come back to re-induce above the previous highs and presented us with an M15 sell structure.
Trading this week definitely exposes us to more risk than normal as many of the pairs are on hyper-extended runs with the exception of USDCHF.
As this trade follows the rules of my system and the RR on this trade is 1:3 and above, I've...
Good morning ladies & gents,
USDCHF has hit a H4 Bearish Propulsion Block whilst simultaneously creating Fair Value Gaps on its way up. Price hunted past previous day's highs and created a sell structure. The targets are highlighted below. I've personally got 3 targets but these two that I've depicted are the first and last ones.
Disclaimer: This is my opinion...
Good morning ladies & gents .
We are officially in another bullish cycle for Gold , so the favourable direction to trade it in is LONG.
Price created an extremely bullish structure offering us two key areas to look for longs on.
This bullish structure is created through a break of bearish market structure on the D1, H4, H1 timeframes. Today its 15th February...