H4 Timeframe Price is currently breaking above an interim structure. We are actually already in this trade looking for a wick fill up to that M15 resistance level. If we hold above this interim we could see a strong bullish run however, keep in mind we have just previously been in a bearish cycle so this bullish momentum could be short lived. M15 Timeframe I...
Choppy structures = no trading These conditions do not suit my trading plan and should be avoided at all costs!
H4 Timeframe Price is currently holding below an established level of resistance. Price respected the double bottom pattern well and is continuing to set new highs. If we see a break above resistance then we could see a continuation up to the immediate high. Keep in mind price could reject of this resistance and pullback before we see that continuation bullish. ...
H4 Timeframe Price presenting bullish structure, price has approached the support of the previous long term consolidation. We could see price break within this structure and continue backup to resistance. M15 Timeframe Price currently consolidating on the lower timeframe, the current resistance is the H4 consolidation support. Plan of Action I will be...
H4 Timeframe Price has previous broken and retested one of the HTF key levels and bearish momentum has continued. I will be expecting this momentum to continue and look to capitalise on this. M15 Timeframe We could see price pullback to the previous low. Plan of Action If price does pullback to the previous low then I will look for price failing to break above...
H4 Timeframe Price pulled back deep after the new lower low was set around 1.08200 - I am expecting price to continue this bearish momentum to set further lows. M15 Timeframe We have established a level of support which price is failing to break Plan of Action If we see price continue to push lower, I will be looking for a break of support and look for the HTF...
H4 Timeframe Bullish structure being presented, price creating higher highs and higher lows. Price recently retested the previous low which is now acting as support creating a double bottom. We have approached a high value key level. If price can break above then I will expect a continuation up to 1.28400 M15 Timeframe If price can break out of the immediate high...
H4 Timeframe USD/CAD has finally broken out of structure and set a higher high. We are approaching a level of resistance where price recently failed to hold the breakout so we do need to be mindful of a reaction from this zone. If we do break above I would expect heavy momentum to follow to break away from the consolidation. M15 Timeframe Price is currently...
Good morning traders, Hope everyone had a wonderful weekend. Are we ready for another week of trading? GBP has started to breakout of structure now and had a very convincing bear run, we seem to be pulling back now. USD/CAD has broken back into consolidation. However, with the rejection from resistance and GBP starting to pullback we could see USD/CAD continue...
Price starting to reject from the level of support highlighted. This is to be expected but if the bears are truly in control we should see a nice short run come in play.
Seeing strong momentum coming into the markets this morning. Want to see a continuation of this bearish pressure as we come into this interim level on the M15 timeframe. EUR/USD has just approached a key level of support on the M15 too. If we see price break this level GBP/USD should follow suit and we could see a further run for the bears.
Starting to see pound pairs beginning to break structure to the downside setting new lows. Got some really nice intra-day levels to work with too. Will we continue this downward momentum, let me know your thoughts below.
Morning traders, woke up this morning to market gaps. For me personally I will be back tomorrow to see if the market gaps have filled so I can grasp a true directional bias for the market.
Good morning traders, were back! Been a pretty slow week so far only managing to capitalise off partials while price has been trapped within a range on the H4. We have seen GBP start to explode out of consolidation yesterday morning. Are we going to continue this bullish momentum to set lower lows, let me know your thoughts below.
And were in! Not the entry I was waiting for but we always have to adapt to the markets. Entered this after price rejected the interim level retest and engulfed the previous candle. Let's see how this gets on. What positions are you guys looking at, let me know.
Good morning traders, few currency pairs on this mornings watchlist. Looking into EURUSD, will we see another push back into H4 support of 1.12900? Will we see price begin to break this support that has held since the beginning of the year. I have identified a interim level of support we I can see price struggling to break, there has been strong momentum into...
Good morning traders, UJ providing the goods this morning. Just locked this one in at breakeven. Trading a breakout on an interim level after price shown strong bearish momentum from the H4 double top. Hopefully we continue to push deeper into the H4 key level.
Good morning traders, do we have any crypto investors on here? Been monitoring the £30k mark for a while now to begin loading up. Is this the dip to begin buying on before we get back down to £22k? Where will price go after? Will we see the well awaited push to £100k that many have anticipated or will Bitcoin continue to dump? So many questions being asked, so...