Joshmather02

Joshmather02 Updated 

Counter trend move up to extreme point of structure. H1 POI, price entered the area and formed a BOS as confirmation to enter on the Refined IFC. 2nd entry is on a banker block refined IFC. Overall structure, H4 Bos to to the downside so EU bias is now bearish on HTF.

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WYCKOFF ANALYSIS

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WYCKOFF ANALYSIS

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XAUUSD SHORT

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GBPAUD SHORT

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GBPJPY SHORT

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GBPJPY SHORT

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EURUSD SHORT

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GBPJPY SHORT

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XAGUSD LONG

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GOLD SHORT

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GBPCAD SHORT

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new higher lows and lower lows are forming. Bounced off the area of resistance aswell as the trend line and hit a key area of fib retracement.

Joshmather02

Double bottom has been formed on the 30 min timeframe and had a huge fall earlier in the day. Predict that it will push to the next support area

Joshmather02

Just touched the golden pocket of the fib aswell as reaching a area of support. Looking to go bullish back to the 38.2% of the fib.

Joshmather02

3rd touch of the resistance area and touching 38.2 in the fib retracement. Should fall to the trend line

Joshmather02

Wait to see if the price reaches the area of support due to the budget being release before a breakout to the upside.