Fractal-Trader

05:11

Fractal-Trader

The market has memory and it returned back to an interesting daily resistance. It has bounced on it several times so we are adding the odds in our favour. We have to trade what we see until the market proves us otherwise. Currently, I don't have any setup yet as I'm patiently waiting for Price Action at a level but its definitely in my watchlist. We may be one...

Fractal-Trader Updated 

If Daily closes as is (above the previous rejection candle) we will get an evening star at support and the 1,2,3 pattern will be completed. We'll be shooting to ride the 4th leg at least until the bottom of the cloud.

Fractal-Trader Updated 

FFB stands for= First Fractal Break. It usually yields to a very good profitable trades as we can see in this one. The initial trade would have been until Kijun where it would be first trouble area. Price is getting it through steadily and we can see Tenkan Sen is angling up nicely. Previous H4 candle broke daily Kijun so we can expect a good rally up to 0.92090...

Fractal-Trader Updated 

Hi traders. We find price sitting on Kijun and forming a hammer that if it close as it is it will mean a level to think of long. We would have found the level and curently on H4 is forming a bullish Eng would be the set up and trigger if it close above the bull fractal would lined up with Daily. We will see how it plays out. Thanks for reading.

Fractal-Trader

Looking at this chart we try to understand market structure based off waves and fractals. Ichimoku signs show bearishness no doubt about it. However, at level B a pullback came up based on an overextended market as it was quite far away from Kijun. The big move we were expecting was back to the downside, so previous daily candle show a nice rejection in fractal...

Fractal-Trader

Analyzing Dailt TF we draw a interesting support level located at 0.86607 which it seems price is being hold for a while. By all mean, we are just observing if this support does not fall and bounce off back to the upside which target at the top at 0.87931 level. Once we zoom in for a better entry we would be looking for PA as we do have a level set.

Fractal-Trader

After we went over news, we come across an appealing opportunity to go long again after we missed the first break bull fractal. We follow the daily bias so we can anaylze it as TK crossover is developing nicely. We are currently breaking a bull fractal even though it has not closed yet so regardless of that, we have opportunities either in H4 or Daily if we are...

Fractal-Trader

Analyzing AUD CHF we see market seems to be incline to go short this time. TK crossover is turning over as well as if price goes on as it is once it close current candle we will break Kijun and also bear fractal giving us green light to enter in the market. If we zoomed in H4 the line market at 0.76303 show us a possible fractal zone where we can look for price...

Fractal-Trader

After price hit a resistance and it formed a fractal then it came back down bouncing off on the fractal zone giving us another chance to enter the market. We boxed the price in waiting for outside trading so we got in after indecision candle. First target we are shooting for is 1.03238 but we might get a bit ranging (Kijun is getting flat). On top of that there is...

Fractal-Trader Updated 

Using the 4 hour timeframe we are observing a possible break out Kumo, may give us green light to go long. Currently the market is not giving us much of sign, even though there is a beginning of Kumo twist, Chikou Span is still inside the price. On top of that, price is inside the kumo so we will have to wait until it breaks out for a clear spot.