*SMART MONEY CONCEPTS* (SEE ATTACHED RELATED IDEAS) I have a 15 min chart that I looked at and fiund Smart Money concepts throughout that would suggest a short as long as the price is moving bulish at midnight NY Time... Even then my daily outlook maybe off. But I don't believe my weekly outlook will be off. There's too much to sugggest a short. Such as the...
In this immediate structure we have a 162.051 high and 160.123 low, thus far price has been resonating with the setup we had the previous week. As we get into it we grasp a lot of data and information, currently price has tapped into the mid liquidity zone and a hanging man candlestick followed by an unequivocal bearish engulfing one, this is a strong reversal...
Expecting GJ to retest the recent demand zone created before hitting our targeted region
probable heading north if sell side liquidity is taken with medium pressure.
I think he should go down and make his correction before going up again, he may be lateralizing a little to pull the rsi so that the rsi doesn't go down much, and then, yes, he should go up
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello Traders Here is The Analysis for this pair,The entry will be taken when LTF market structure change. I suggest you keep this pair on your watchlist.
1.Strong Selling pressure from the supply zone( Resistance) causing an end to the UPTREND (HH's & HL's) and Creating New LH's. 2. Fibonacci Downtrend Move Setup formed. 3. Bearish Engulfing ( Three- Pin bar) pattern formed in the 61.8% level which is a Key Level Area. ( Previous Support + Resistance = Key Level Area) 4. Price Respecting the 15M EMA'14. * Price...
GBPJPY- Possibilities. USDJPY will be the guideline for further GJ move. I am expecting interest rate differential will play its part as BOJ new governor favors the continuation of previous monetary policies. For BOE Quoting: "More rate rises are likely to come, but there is a widespread belief that these may end by the middle of the year. The Bank will be keen...
i did not take most of these trades but this is how i backtest and see where i went wrong. there is an opportunity everyday in this market you just have to master your strategy and manage the way you trade mentally, emotionally and financially. i will become consistent and profitable in the near future. i been trading small accounts for the last 2 years and i...
Hello Traders, Here is an analysis of GBPJPY. It seems that this pair is already completing the WXY structure and thus will move to the downside. Alternation is a break above the trendline and can be a new movement to the upside. I might be wrong but the bias is more to bearish structure
So GJ is still under Weekly Resistance (Level 161.800), and we opinionate price will go for one final push up to 161.800 which aligns with 78.60 Fib level taking us to 160.500 as a first take profit target. The other probability is that it does not push up and just starts going bearish from where price is currently at (161.428) and we may this because this is a...
Daily Chart. I thing that. Potential buy above daily resistance. I´m waiting for h4 confirmation.
if price works this way we will looking to buy or LONG but Please we will be grateful if you give us your own idea
The truth is hard work in trading isn't staring at the chart for 6+ hours analysing. You can call that hard work in other jobs such as retail customer service but in trading, the hard work is IN THE MOMENT. The hard work is staying in the trade, letting a trade fully run. Not cutting winners short. Managing your risk when in drawdown. As soon as you press that buy...
After identifying a potential triple bottom pattern on GBPJPY, I took a long position following a successful retest of the key support level at 157.00. This trade has entered into profit, with the current price at 161.500. Moving forward, I am watching for a breakout above the neckline, which would signal a new opportunity to enter another long position with a...
Hello guys! I am looking to sell Gbpjpy from the weekly high of 162.2 with a stop loss at 162.530 and a take profit at 160.2 GBPJPY is currently getting close to the weekly high and a weekly trendline and I am expecting a move all the way down to the 160 range. Any opposing view is welcomed. Standing by :) Senaya
price is in a consolidation or a range, there is no real bias currently price is trading under a level of supply or major resistance I'll look to go short as long as price maintains under this grey zone i will only look for buys if only price breaks out of this range