PrestigiousBread

PrestigiousBread

FX:AUDUSD 15m 👆🏻 Price is fractal, often retracing itself. This is how the market builds liquidity for the next trending move. We know we're ranging on the 4H for the last 5 days so we can expect to continue until we see a breakout.

PrestigiousBread

FX:AUDUSD Levels have been respected so far! Next I'll have my eyes on the 15m Demand if we continue bearish and see how we react. I've highlighted to the right of the 15m Demand at the bottom. I want to see a shift from sellers to buyers on the lower timeframe, a meaningful commitment of buyers and I would consider an entry.

PrestigiousBread

OANDA:AUDUSD AUD/USD NY Session Update See previous AU post to see how beautifully these levels have been respected. 25 x risk was on the table in the last 2 hours, all called in advance!

PrestigiousBread

FX:AUDUSD Pretty slow & messy price action so patience is important here Wait for all your boxes to be ticked before entering a trade, If you don't use it Premium & Discount pricing is a great tool to assess whether buys or sells are more high probability!

PrestigiousBread

Trading between 15m Supply and Demand zones with the 4H timeframe narrative in mind can create some incredible results. Don't trade in no mans land, wait for price to reach your zones and then execute. 15.8R on AUD/USD, volatility picked up after USD news at 1:30pm and I managed to catch this move!

PrestigiousBread

Markets are always in a cycle of Fear & Greed... Zoom out and look at the bigger picture There's roughly 90-110 days between the swings (• Swings) I wonder where we'll go next

PrestigiousBread

Currently trading within a range 79.48 to 80.9 keep your eyes peeled for a breakout or a retest and further move down Are you long or short?

PrestigiousBread

Good Morning! GBP/JPY Looking to be making a reversal on the Daily Hourly here showing lower lows and lower highs If it continues on this trend we could see it continue down to the support level of 142.314 Risk/Reward is 1/2.85 Are you long or short?

PrestigiousBread

Aloha! I entered a short position at price 1.22741 After I awaited confirmation that the pair would or wouldn't break the resistance level of 1.22592 Currently showing some signs of support at 1.22405 Zero Drawdown and Risk free thus far I am looking to get the full move down to the bottom of the range however I will keep my eyes peeled for...

PrestigiousBread

Another trade idea, Looking at potentially going in Long should it break the 0.88709 level again Otherwise could go down to hit some support at the 0.86913 1/4.7 Risk to Reward Your insights or feedback would be greatly appreciated ✊

PrestigiousBread

I've come up with this analysis (please go easy on me) I believe that should the pair retest the resistance line of 0.69888 It could see a downward move to the support level of 0.69069 I do not have a huge amount of experience in analysis I am trying to get my feet wet in price action trading Any thoughts or feedback would be greatly appreciated.