GJ is extremely bullish. Price closed above 181.300 price on friday last week. Now, I am waiting for price to come back down and retest that area and see if we can get confirmation for price to continue upwards to our next potential take profits.
The market lost the support on 2460$ and retested as new resistance before a new bearish impulse until the monthly support on 1800$ The price is creating a pennant on the 4h timeframe, and the market created the demand zone on 1800$ How to approach it? IF the price is going to grave new liquidity from the demand zone, we can add in our watchlist in order to...
This is an idea that uses Pivot Points, Fibonacci, Fractals, and Momentum to attempt to predict "zones" where the market may pass through. Typically used on faster chart times, but this example shows a 15 min chart for demonstration purposes. This idea has been used on ES, NQ, RTY, YM, and their related micro futures products.
we get lots of questions asking us how we set our zones and what makes a zone a monthly zone, weekly zone ect ... so I have created this short video explaining how we do it here at FXG
Welcome back! Please support this idea with a LIKE if you find it useful. *** CHF/JPY - Play the recorded analysis and comment below with your thoughts or questions! Thanks for growing the community! :) We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Click "Follow" on our profile if you'd like...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Sorry for the poor speaking quality, this was my first ever video analysis, so don't expect to much. Anyway, the AUDCAD is in a perfect zones parallel channel, so please wait for a confirmation before buying this.