OFPA_FX

OFPA_FX

PEURUSD has formed an inverse H&S pattern. Will be looking for a confirmation LONG on pull back. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or...

OFPA_FX

Price broke a previous day low, hit a RBR and reacted with a bullish impulse and closed above the previous day low. Is the downward push market manipulation? Will be looking for confirmation to go long at the potential right shoulder/QML. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute...

OFPA_FX

Price is showing sign of weakness heading into a SZ. Will be looking for a potential SHORT in this pair DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise...

OFPA_FX

Price pattern is almost the same as EURJPY, potential H&S. Price showing sign of weakness last night late trading session at a QML and a previous area of supply. Going SHORT to target the neckline. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for...

OFPA_FX

Looking to go SHORT at the newly created H4 SZ after a distribution seen the day before. This is a good zone cos the strong impulse move resulted in 2 structure low been taken out and a strong bearish D1 closed. Furthermore, no sign of accumulation is seen thus far in this move higher. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my...

OFPA_FX

Price is now residing at a QML and last night NY session showing potential sign of weakness as can be seen in the last 2 candles showing long upper wick are evidence of sellers in the market. Will be looking for further confirmation before going SHORT to target last swing low as indicated DISCLAIMER: Any opinions, analyses discussed in this presentation are just...

OFPA_FX

Price has been showing sign of weakness deep inside a weekly supply zone and a previous daily structure high. First we see a inverse hammer, follow by a bullish candle that doesn't make any new high. This is followed by a hammer pattern. I see these 3 candles price action as a sign of weakness. Will be looking to go SHORT on this pair. DISCLAIMER: Any...

OFPA_FX

Price shows a rejection of a previous daily support turn resistance with a D1 Bearish engulf. Will be looking to sell the pull back. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of...

OFPA_FX

Price is coming into a low liquidity supply zone. Will be looking to go SHORT targeting the last swing low DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise...

OFPA_FX

Price is showing sign of weakness going into a previous demand area. Will be looking for a confirmation to go SHORT to target recent swing low. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to,...

OFPA_FX

After hitting the low on 31st Dec, price pull back, face a daily SZ and came off. What caught my attention is the pull back which is of the same magnitude as the last pull back from 24th Dec. Whenever such a pull back happened, it is a sign that the BEARS might be losing the fight. The second thing that caught my attention is Fri price action. After breaking outta...

OFPA_FX

Price action on Thu daily closed shows sign of strength. This is follow up by price action NY session on Fri ((Inverse Hammer) further strengthening the sign of strength. If you are into volume profile, you will notice that the value area is bottom heavy. A sign that smart money might be accumulating for a potential bullish move. With the volume profile and price...

OFPA_FX

Chart is self explanatory DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. PRICE ACTION...

OFPA_FX

I see signs of weakness in the recent price action of copper. 1. There was a significant increase in the daily volume(double!) but price only manage to close in the lower daily range. There's strong selling in the background despite the strong Bulls attempt to push price higher. 2. The next day, price manage to make a higher high but daily closes marginally lower...

OFPA_FX

The first sign of strength came on Tue when after hitting a new low during Asian session, there isn't a follow through with daily price closing middle of the range. But further confirmation needed. And the confirmation came on Thu when price halted near Tue low and a Bullish close on Fri further cement the sign of strength seen on Tue. Will be looking for a LONG...

OFPA_FX

There was sign of strength seen in NY session on Thu. This was follow by a fake out move London session on Fri before closing near the high of the day. Will be looking to go LONG on pull back. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any...

OFPA_FX

Price reacted to a structure high and came off, taking out a order block in the process. Will be looking to sell the pull back. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of...

OFPA_FX

Yesterday, price shows sign of strength during London session but no follow thru during NY session with daily closing mix. Today, during early session, price make a strong push lower but mid Asian session price pause and show sign of a potential bullish move which is follow through when London came in. This is follow up by NY pushing it higher. A bullish daily...