jamesabuck

jamesabuck Updated 

I have a sell bias on GBPJPY. Lower lows & lower highs. Price formed a double top M formation followed by an impulse move to the downside breaking the neckline. Looking for price to return to the neckline before the proper move to the downside. Wait for a pullback to get an exact entry on the lower timeframes.

jamesabuck

With this pair we were forming a rising wedge however instead of staying within the structure we saw a fake breakout. The fake breakout makes it looks like we're retesting to continue to the upside, however, this could be a retail trap. Lower highs and lower lows indicate a sell bias. Fair stop to showing price it respects but will probably hold this short for a few days.

jamesabuck Updated 

With the chart being just above our demand zone - the perfect entry would've been just before London open. Bolinger band extremes, spring, retest - now up to our supply zone to capture some of that resting liquidity.

jamesabuck Updated 

We would want to see the price rise into our supply zone capturing liquidity. Wait for entry criteria - extremes of Bollinger bands, confluence around 1.64 for a sell. Using Wyckoff theory when price returns to our demand zone we'd front-run a buy by 5-10 pips before a move to the upside.

jamesabuck Updated 

Higher highs, higher lows Reaction off the .786 and intra-day highs Looking for movement around 2pm

jamesabuck Updated 

Higher highs, higher lows Fake out below key weekly level in search of liquidity Reaction off .786 fib and 4H lows Looking for slight pullback before entering a buy

jamesabuck Updated 

USDCAD Analysis this morning. Higher highs and higher lows Be careful around entry as strong 4H resistance level and rection off the .5 fib (easily manipulated) Could show big move if analysis plays right

jamesabuck Updated 

Higher lows, lower highs LP Hunt this morning confirmed by reaction off the .786 fib and key daily zones. Wait for retest for perfect entry if you missed it this morning Could see a liquidity hunt below key levels edging towards demand zone before a rocket back up Big movements on GBPCAD osculating between weekly levels

jamesabuck Updated 

Looking for entry on NAS here coming into London opening. Higher highs and higher lows. Good rejection off .786 fib

jamesabuck Updated 

Rejected nicely of the .5 fib this morning for a bullish movement. Liquidity pool on the upside with an order block. Smart money trapping sellers into a buy before a dump. Looking for 3pm reversal and rejection off key levels. RR3

jamesabuck Updated 

Wait to see reaction off intra-day highs. After clearing lower lows on a LP hunt, could see draw back for a retest. Bullish over next week with fundamentals but looking for a pullback to catch some easy pips.

jamesabuck Updated 

Liquidity hunt above blue zone, potential reaction off .5 fib and 4H highs seen in yellow. Weekly view is bearish with fundamental Brexit news pushing GU down even further. Potential for a quick snipe while it clears intra-day highs but wait for perfect entry watching reaction off the zones.

jamesabuck Updated 

Retest of previous highs. Higher lows, bullish overview on the weekly. Let's wait to see the retrace into liquidity pool (LP) zone then look to catch the reaction.

jamesabuck Updated 

Want to see GBPCAD drop and see reaction off the .382 fib. Retracement to stop people out shorting. Weekly downtrend so should se good gains on a short position.