Fundamentally driven movement we just saw, potential for a quick short downwards on the fib and trend line break retest. Huge bearish engulfing that we saw smash through the trend line, lines up nicely with the EMA as well.
Smaller TF break of structure, retest of the imbalance that we created, and potential technical moves upwards to the top of the higher timeframe structure.
We've seen exhaustion with sterling pairs across the board after an impulsive move. Could expect a minor pullback after the upwards break higher. Small timeframe opportunities lining up with technical indicators to back up the bullish sentiment. Lined up nicely with the EMAs on the H1 and H4, with the break retest of the local high acting as a support now.
Directional Bias was correct once again, lets see if we can pullback to the local level that we broke recently and retrace before making new highs. Hopefully this cycle is short lived, and then we can look for normal market bias after this rally. For now lets try and catch this rally with the Fib level, KL a and the nearby Trendline.
We've broken the highs, and are looking to retrace for further continuation upwards. My take on this could be either the 50 fib with EMA or the 38 Fib level with the shorter moving average. Lets see how this plays out.
Choppy market conditions that we've seen the past couple of days weeks. We've seen nice impulsive move from the demand area marked at the bottom, now I belive we can retrace, till the 38% fib or 50% fib on this significant impulse; thus the potential to create higher highs and higher lows if this retracement to our entry area holds. Lines up nicely with EMA...
Once again the same playstyle as with GBPUSD that was just posted. We want to see a deeper push, on a good local level. We have widened our stoploss to include the floating EMA if we react from that. The pivot point that grabbed liquidity will hopefully now act as a fresh level of support that you can grab movements upwards.
Clean hit on previous supply that is currently in control, as labeled with my previous post. Hopefully we can get a nice a retracement to the 61 fib and local Key level area to see further pushes upwards of a healthy trend. If we dont hit the 61 going up, there is chance that we hit the 50% with the other Key level and retrace. Small 1:1.2 RR but full target would...
Welcome to our first nugget being shared on TradingView. From our Prometheus Program we've shared this exact opportunity. Based on the small trend continuation we want to see a reaction from this recent Trendline, mixed with a nice zone. This zone has acted as a solid liquidity grab, hopefully bulls can get their orders around that spot price, and move upwards...
After the correct directional BIAS on GBPUSD, we unfotunately missed our entry point. We saw huge bullish sentiment being created across the board for GBP pairs, indicating further upside. After the break of the counter trendines, we hope to see a pullback to the local high that got broke, with a near FIB area on the 23% continued momentum could be expected to the...
Once again, significant rollover with the bullish sentiment being seen across GBP pairs on the board. Hopefully we see a FIB pullback with the EMA and Key level acting accordingly to help push momentum upwards further.
Our directional bias with all GBP pairs was spot on. We've taken out small imbalance areas and are now looking to catch it till the validated supply area up top. If we see a retracement back down to the local high, I believe we should then make our way back higher to the negative fibs and the supply.
