FX:GBPCHF Has for the past couple months been forming a clear Wyckoff accumulation schematic. Its been manipulating the lows and we got the last low which was the spring, or shakeout. There is also a bullish bat which matches perfectly with the institutional candle that formed on the chart which is where your entry would be if you decide to take this long...
It depends on where the price is when I wake up tomorrow. If it's not been below 4345.8, that's at target as if you were to put a fib on top of the current breaker, that price point is just below the 63% retracement level (discount) And I would wait for the FOMC speaker to start and if it's still not below this level after opening then this is where I would look...
Not Many Shorts to take advantage of, but at least this will map out when they happen if they are to happen. Ahead we have Bearish order Block, 32.3450-32.5250, which should send it down to the Breaker Block is. This is where I would be looking to go long, near 31.0225 to 30.2100 (It's circled in the paths) In this area there is a Fair Value Gap just below a...
If I left my Technical analysis on the bord you all would not even be able to see the chart. Even though I'm Bullish on the Dollar overall, I'm going to be bullish on it with 'existing home sales' on the calendar tomorrow. And with Black Rock buying up homes 20-50% above market price, I think we my see the bulls come the dollars way. Plus there's daily Imbalance...
As retail traders, we have the luxury of entering and exiting any position with ease - the size of our trades are not large enough to affect the market whatsoever. Now put yourself in the shoes of a bank, a multi-billion dollar fund - any type of institutional trader. You want to go long $2 billion dollars on a stock, a forex pair, a cryptocurrency - in doing so...
Break of market structure for potential upside movement
GBPCHF H1 - SHORT Potential BUYS from demand zone. Ultimately pushing down towards H4 Demand @1.26000 area.
The Institutions have entered the trade at 1.91790 , 1.94230 and 1.95470. After a successful bullish swing trade they will start planning to exit the trade at a good price around 1.97650. Now the institutions will re-enter as a bearish trade . Bearish movement confirmed at 1.96730 after it broke the bullish trendline. I have entered the trade at 1.96881 as a...
EUR GBP weekly reaction points lined up. The Chart merely shows the order I anticipate the reaction points to be approached.
GBPAUD H1 - LONG Prices got rejected from a resistance zone, looking to test a BUY zone @1.79000 area. Aggressive and short term traders may look at this as a potential buy trading opportunity. If we do see a breakdown off the support area, liquidating orders lying beneath the trendline, we can catch a pullback SELL opportunity towards the major structure...
AUDUSD IS ON UPTREND, MORE THAN 70% OF TRADERS ARE SHORT SO THE INSTITUTIONAL TRADERS ARE LONGS, DOLLAR IS DYING: Is a great long opportunity.
From the weekly perspective the btcusd is testing the previous broken structure meaning we can easily see potential upside movement
USDJPY 15M Interesting setup on both sides, whichever that pends out first. Prices tapped onto a H4 demand zone, propelling a buy-side move into a H4 supply zone, which made a sell-side move as well. We will be looking to trade the immediate moves on the lower timeframe if the setup is still valid for us to monitor later on. Understanding how prices break...
EURNZD 15M Accumulation and Distribution Schematics on the lower timeframe, utilising the price movements from the 15m timeframe into a Daily Order Block.
NZDUSD H1 - SHORT Prices got rejected from a higher timeframe structure, breaking out of the ascending trendline showing signs of reversal. With sell-side momentum, we are able to look for a pullback onto an unrefined zone @0.71800 resistance area. With that, we will place a SELL LIMIT ORDER @0.71800
GBPAUD H4 Prices looking towards a buy-side move, potentially testing previous resistance area @1.80500. Countertrend traders can look for a SELL entry if the opportunity arises, making sure that there is an AC/D around the area of interest before taking the trade with take profit area @1.79400 support area, before looking to take a LONG position for a...
This can happen for the next days
If it moves up intpo the fap around 3886, I'm likely to be temped to go short as that has been the bias of SPX within the last 24 hours. And I would short it to the mitigations/breakers that formed around March 9 and 10. I don't see it changing bullish although there are the soft highs around 3908. Howver, I see Friday to be the possible turnaround and attach...