Good Day Everyone Here's a look at the GBPJPY pair on multiple time-frames MONTHLY > Starting on the monthly we are still respecting the descending triangle pattern we saw a rejection on the top of this structure pushed down to the base of the structure and now we see a build up with the bulls pushing the pair up, overall sentiment on the monthly is...
Good Day Everyone Here's a look at the USDJPY pair from multiple time frame perspective MONTHLY * On the monthly we are trading in a descending triangle pattern ranging within the structure no straight forward decisive direction on the pair we have a bearish candle forming as we continue ranging within the structure. WEEKLY * On the weekly the pair takes...
Good Day Everyone Here's an idea on the EURUSD pair a look at the pair from multiple timeframes. MONTHLY * On the monthly timeframe the pair went up and was rejected at 50% fibonacci retrancement level pushed down to bounce just below the 61.8 % fibonacci level currently the sentiment is still long on the monthly timeframe even though we pushed down a little...
Some GBP/USD technicals, let's see how this one plays out. #tradesafe #theforexdaddy #tfd
Good Day Everyone Here's my idea on the EURUSD pair should we see a break to the upside on the descending channel/ pennant on higher time frames. * from the weekly chart on the pair it broke out of a descending channel and pushed up consolidating in a pennant formation which may signal continuation to the upside. * on the daily chart waiting for a break above...
Good Day Everyone Here is a multi time frame idea on the GBPUSD pair, its been a down week for Sterling once again on rising BREXIT fears, some bad economic data from the U.K and the pandemic issues putting pressure on risk assets as well. The Dollar has maintained its strength against the pound. * On the monthly we pushed down to close on a pin bar / hanging...
Personally im in short to 8800 as first target, but there is a chance to pump here ... Breaking this wedges means 9600 ... 4h made a bullish hammer and bearish hammer rejected ... this is really war ... If you see daily here ... You can easily see that daily just start to fall ... Bearish hammer, rsi divergence, red macd histo and a lot of other signs ... I...
NZDCAD is now testing a resistance zone at 0.87800 which it has failed to break multiple times. Bears can look to short the pair now, with a stop loss a few pips above the resistance zone, targeting the local demand zone at 0.87100. Beyond that, targets may be placed further down if the local demand zone and supportive trendline fails to hold. There has been a...
I did a multiple time frame analysis, walking through my thought process before I take trades and how I search for entries. I discuss potential Swing entries and Scalp trades that I would be interested in. If you have any questions, please feel free to contact me on IG at @sharmafx!!
Hello friends. This is simply a moving average ribbon, per se. The values for the colored ribbon can have their length calculated to fit their chosen resolution on the current one. This solved problems for me, but it was my own solution. Maybe I'll learn something new from sharing this. To everybody else who is learning as well, this script essentially serves...
Continuation from this scenarios: both area limits served at Line in the Sand for further reversals, both with break-pullbacks. Do I need to say more? MTF + auction market theory + volume profile = edge.
Fuchsia zones are HTF value area limits with supply zones from march, green zones are VA limits with demand. Flag movement with black line showing pole and rectangle showing flag. Looking for continuation once tests green dotted line at 1.1285. Exit at top of area 1.1379. 11/22 tick stop. If top gets tested first you could go for the pullback instead of...
GOLD- GC1! - XAUUSD - H4 - Weekly Analysis - Short We are in a Major Bullish trend, but the price made a bearish reversal and we are now waiting for a pullback on the 0.382 Fibonacci Level to enter Short with the Trend. Our target will be the 0.236 Fibonacci level and second target the -0.236 Fibonacci Level. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Entry:...
daily mapping of the price, we map, not predict in Multi UT analysis ;) Some rules to understand the form of the strategy: (Can answer to your question about the content of DFT strategy :) ) - shade of red trends = primary (the black one are secondary trends) - Redish trends is primary as medium investors are arbitring short/long term investors decisions. Div:...
EURAUD - SWING Analysis - Weekly & Daily - Bearish trend We have a major Bearish trend on the Weekly, Daily & H4 charts. On the Weekly chart, we have a Shooting Star that shows us that the bears have taken the lead, if the price stays under the trend line we will be looking for SHORT Trades but if the price break the bearish magenta trend line and close above...
Hey guys, gonna mix a little and try to share some index ideas. Not sure if I'm gonna post it everyday, yesterday just didn't have time to post bond ideas haha but I want to share and hear opinions/suggestions from you. I'm very short biased because we failed 2 times to seek value higher. if overnight balances below 9378 I'm looking for a pullback at cash. Entry,...
We moved away from previous 2-day balance (medium yellow box) at overnight and bounced back and forth previous demand zone at cash session, so it lost it's strenght. Removed it from the chart then included longer time frame value low in purple at 138'26. We can see that market has been rejecting value higher so far (tails and bottoming shown by red arrows) but as...
H4 mapping of the price, we map, not predict in Multi UT analysis ;) Some rules to understand the form of the strategy: (Can answer to your question about the content of DFT strategy :) ) - shade of red trends = primary (the black one are secondary trends) - Redish trends is primary as medium investors are arbitring short/long term investors decisions. Div:...