Hello Traders, The dollar has been bullish for weeks now, going after multiple buy-side liquidity. Currently, it is close to a monthly buy-side liquidity (previous high). If this level should hold, we should see price go after the weekly sell-side liquidity (previous weekly low) which you would see on the weekly chart. If you look left, you will notice how price...
Hello Traders, This pair has been bearish for the longest. However, on the monthly chart, price seems to be consolidating. It is not in our place to figure out if the consolidation will lead to a rally or a dump but if you look inside the consolidation, you will notice that price swept the previous monthly high giving it the liquidity to go after the weekly...
Price action is key for understanding the major market bias and also for managing risk. On top of that, understanding Price Action will give a better understanding of where other traders may be trapped and will help structure your trades. In the video, I talk through the DOW Index and price action from the previous session. I look at where we were looking for...
Hello Traders, Here is a pair that has the potential to provide a bearish move and a bullish long-term rally. The bearish move will likely complete the retracement on the weekly chart and once the price has traded into the weekly order block, I speculate that the rally will aim to sweep the trendline liquidity that has built up. Follow for more updates. Cheers, Jabari
Hello Traders, This pair is likely to head into the weekly demand order block from which I speculate a bullish rally in price. There is also an unmitigated price level and daily supply order block for the price to reach. Once the price trades into the weekly demand zone, I will go into the 1-hour timeframe to wait for a CHOCH from bearish to bullish to go...
Hello Traders, This pair is trading in a weekly demand order block from which price could rally. We also have an unmitigated price level which price could go mitigate. Keep an eye on this pair. I will be monitoring this pair on the 1-hour timeframe to see if there would be a CHOCH from bearish to bullish to go long. Follow for more updates. Cheers, Jabari
Hello Traders, EURAUD has traded into a weekly demand order block after sweeping sell-side liquidity (equal lows) however, due to the massive dump in price, the bullish rally will not happen immediately. This dump created a FVG on the daily timeframe which price could trade into next week and continue to ease the bearish move before the bullish rally...
Hello Traders, AUDCHF has traded into a weekly supply zone and has just hunted buy-side liquidity. In the weekly order block, there is an unmitigated daily order block that I expect the price to mitigate and react from. I will be monitoring price movement as it trades in the weekly order block to see if there would be a CHOCH on the 1-hour timeframe. Follow for...
Hello Traders, This pair has reacted from a monthly demand level and is trying to create a higher high there by hunting liquidity. As you would notice, price is a few pips away from the weekly buyside liquidity which if it is hunted, a reaction is expected. Looking left, you will notice how price dropped strongly from that level. My speculation is that price...
ETH last low from the distribution seller bar at 1540 has been taken out. We see some settling at 1530 level with a low test buyer bar coming up. Once this low has confirmed, we will look at the 4H timeframe to get an early top towards confirming on daily and weekly. For the weekly to continue going down, there is a less than 30% probability. So,highly probably,...
Hello Traders, This is an update on my EURCHF post (inserted below). The weekly bearish expansion is yet to happen, however, we can see that a trendline liquidity has been formed which would likely be hunted. Follow for more updates. EURCHF PREVIOUS ANALYSIS
This is the third swing low of Bitcoin on the daily timeframe. We will track and see if this holds to become a weekly bottom. The difference with this bottom confirmation is that there has been a trend change from a downtrend to an uptrend as shown in the chart image. However,the volume spike is not huge. Another thing that we have observed is that the price level...
We have entered USDJPY on the daily confirmation bar on a long trade. This is based on a daily P1 trend continuation move, and along with a weekly continuation trade move according to our smart money framework indicator. You can see on the image below on which part of the cycle we are in on the weekly timeframe and how that matches up with the daily timeframe....
We have entered Gold on the daily confirmation bar on a short trade. This is based on a daily P1 trend continuation move, and along with a weekly continuation trade move according to our smart money framework indicator. You can see on the image below on which part of the cycle we are in on the weekly timeframe and how that matches up with the daily. According to...
We have entered this trade on 4h confirmation bar and it went onto confirm the bottom on the daily timframe. However, the weekly bottom is yet to confirm. For it to go further higher and have a higher probability to confirm the weekly bottom, it has got to make a second higher bottom and take out the last swing high as shown in the image. Let's see how the trade...
USDJPY did not manage to go further north to hit our 50% OE target. It has hit our trailing stop. Trade order summary position: USDJPY(Long) Trail stopped out at 14658. Net P/L: -0.56% Profit @1% =$1000, -0.56% = -$560 Do refer to our previous chart image where we took the trade last week. To understand our ideas and videos better,we highly recommend...
We had a great clean move on silver past our 50% OE target. It has now hit our trailing stop. Trade order summary position: Silver(Short) Trail stopped out at 2320. Net P/L: 1.51% Profit @1% =$1000, 1.51% = $1510 Do refer to our previous chart image where we took the trade last week. To understand our ideas and videos better,we highly recommend watching our...
Hello Traders, NZDCAD has been in a long-term decline i.e., the price has been bearish for months and is likely to continue. The weekly and the daily charts have printed bearish structures. Price just traded into the daily order block and is poised to continue the bearish move. Looking at the chart, you would notice the relatively equal lows (sell-side...