Japanese Yen is nearing a crucial point of FIBO level 61 This level can be see as a pivot point for price action many times over and over again The yen fundamentally is in a 20+ Year run of Qualatative easing and negative interests rates The new BoJ Ueda seems very reluctant to use any type of terminology that leads one to believe that a swift change is on the...
After several weeks of Price action consolidating on CABLE inside of a DESCENDING WEDGE and forming several HARMONIC PATTERNS it appears as though we finally have a winner between the bulls and the bears. Based on the price action a bottom has been formed and a breakout of the WEDGE PATTERN has occurred. Assuming this is a STEP ONE BREAKOUT and a total reversal of...
Hey guys, So, on my last post I said I wanted to see price come up to 163.500 to fill that imbalance on the left and also retrace deeper into the higher time frame bearish fib (it was already hit but I wasn't convinced that that was enough I needed it to at least pull up to the .618 level. So now that price has given us that, we just need to plan accordingly and...
Hi all I was aiming for a 50% retracement between the high (151.946) and the low (127.220). but in order to move higher or back down to the 128 level, resistance at 131.580 must be broken. Happy weekend My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading...
Hi After falling from 182.94 and reaching 50% retracement, the AAPL is currently in a downtrend. Not sounding good if key level 158.74 failed to hold Happy weekend My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities. Like and subscribe and happy trading to all
Hi all After falling from 4818.62 and reaching 50% retracement, the S&P is currently in a downtrend. There are still three weeks left to determine if the market will turn south or north, as long as 4146.88 holds. S&P could return to 3491 or 3818. My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market...
waiting for the downtrend structure to break My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities. Like and subscribe and happy trading to all
Hi traders, Same goes with EURJPY is still moving within the consolidation area between the lowers 142.939 and the high 142.939. The market ended the weekend with a high of 140.754and a low of 159.587. still waiting 140.620 or 140.297 My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and...
Hi all As of right now, what I can tell is that there is a whipsaw pattern before the peak, with the highest price being 1.09308 and the lowest being 1.08350. I'm interested in trading at the levels 1.09031 and 1.09308. Before reentering the market, watch for a rejection at the 1.098533 level if the peak is broken. Share your thoughts My trading strategy isn't...
hello traders I'm looking for a 50% retracement after rocket up from the low of 1676.866 and the high of 1949.260. My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities. Like and subscribe and happy trading to all
Hello traders I'm looking for a 50% retracement after falling from the high of 151.946 and the low of 127.227. My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities. Like and subscribe and happy trading to all
Hello Last week's price broke the level of consolidation at 81.44, so let's see if 77.76 will hold or if it will drop to 71. Share your thoughts My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities. Like and subscribe and happy trading to all
Hi trader Silver ends with a low of 17.55 after breaking consolidation at 21.66. There was a lot of liquidity between buyers and sellers between 24.6 and 24.30, and the price is currently close to the 0.764 fibo retracement. so, I intend to sell, with 21.66 as my first target. ratio 1 : 2 Share your thoughts My trading strategy isn't intended to be used as a...
Just a couple of options i have drawn out for GJ. There are obviously many more ways price can move here. But these are just the main couple i am anticipating. Also note that the depths and amounts of retracements may vary - making it seem that there are way more options for price to travel but they are all pretty much the same - As long as the direction...
Hey guys, Just an update on AJ. These are a couple of the options i have drawn out as my biases. I am completely aware that price can continue bearish, and that price can also not retrace at all and continue bullish. If I am looking to enter, I need price to retrace to either of those key levels inside the FIB and then give me confirmations. This retracement...
Daily Analysis of OANDA:AUDUSD using Smart Money Concepts, Institutional Order Flow, and Supply and Demand. Daily: s3.tradingview.com 4Hr: s3.tradingview.com Follow for daily FOREX Analysis
I am leaning towards more of a bullish projection but I'm not sure yet it's too early to tell and I do not trade on Mondays. It looks so indecisive at the moment, so I need to wait for price to break out and show me what it wants to do. Don't forget we are stuck in choppy and unclear behavior at the moment, especially on the higher Tfs, so I am not looking to...
Similar to my previous post on the Monthly. These are my HTF projections So obviously, there's not much detail on them but I am a swing trader and I like to project from the monthly downwards as there is a lot that is missed if you don't analyze from the monthly down in my opinion. I have deleted the monthly fib because it clutters my chart but keeping this in...