ombejonathan

ombejonathan

My thesis will have to cover this month and next year on the EN, as I see market structure it presents alot of buying and selling momentum within the swing high and swing low (faint dotted lines). Nevertheless there is a current distribution of price within a box . And looking forward to the break out . It might happen this week ,upper week or even later in the...

ombejonathan

Following the trend, Reflecting the fundamental impact on the dxy through 13th and today ,same on the major pair. On the 4h descending triangle, I saw it broke structure close below on the last 4h candle with a body candle. I got my bais entry on the 15m , where I targeted the breaker block as an entry. I looking forward to a reaction before I tag in

ombejonathan

Market Price created an inducement which was before the break of structure. And the retracement somehow validate why I'm expecting price to sweep inducement liquidity up to the 4h OB. And ill be looking to go long

ombejonathan

The $GU in my own bais correlates negatively. And justifies why ill still be holding on to the sells on this week. Price creating LL and LH . I initially caught something of this similar nature before the NFP , but I'm still deep in thought as the CPI is just by the corner . I'll be looking forward to the markets pullback taking out the hourly inducement, which...

ombejonathan

Price broke off this bullish penant in this long term downside trend. I hoping to see some rejections as price rallies to the upside, from the nearest resistance zone atleast . I still have my entry at the bottom for a number of reasons, due to price creation of HHs and the inducement that caused the massive push to the upside, I'll like for there liquidity...

ombejonathan

My thesis on this one is simple . USD NFP cameout better than expected ,as we expected some bullish momentum on most USD base pairs, The dxy will tend to rise a bit mitigating the closest orderblock , . But i feel there might be sight rejection because that's an area of strong resistance . Clearing out liquidity, Probably upto the breaker block (⚔),i...

ombejonathan

We noticed price sweep out the previous low with a wick on the 4h chart. Diving down into LTF, 15mins after the liquidity sweep there was a new internal high created, this creates a valid buying opportunity atleast to the breaker block or the inducement which initially started the rally which caused the sweep. This is no financial advice, just an outlook of...

ombejonathan

We experienced a large dip to the downside as of last Friday, clearing off areas of liquidity. Also noticing that the dxy broke off the falling wedge .so I think this might be the correction phase for price to continue with its momentum to the upside . Meanwhile its yet to fill in my point of interest on the 1h thats why I'm still keen on seeing the dip continue...

ombejonathan

My thesis is simple just WAIT FOR THE BREAKOUT to verify reversal for the bulls ,nevertheless the dxy is still strongly in favor of the sellers. LTF can still show sell side liquidity left to be taken

ombejonathan

What i did here was to spot out the areas of liquidity that hasn't been filled yet with the $$ sign. I'm expecting price to run through then and retest on the bullish order block which initially started the impulsive moves to the upside. It also lies just below the BOS on the 4h. That is strong valid demand zone. As for now I think the EURNZD is still going to...

ombejonathan

On the 1h Price formed a double bottom @ 1.79983, broke structure within the internal market structure. I'm expecting price to retrace back to the bullish order block, before the overall bullish reversal seem valid to me. Please take an outlook from the 4hs first and see why I'm expecting this on the hourly. Price currently sits on a trend line from previous...

ombejonathan

We have been on a bearish sentiment on the NZDUSD for a while now ,breaking LL and retesting. For now my focus is on the 4h ,we can see price grabbed liquidity from a strong level of resistance (0.60555). Sometimes one might think it can be a sign for a bullish affirmation, but it never closed with a body of a candle above 0.60555 Now I'm expecting price to...

ombejonathan

Market structure is in favour for the buyers, we can see price breaking structure and creating new HH, its all about the patience game. I'm expecting price to pullback to the rectangle demand zone . Only then will I be looking forward to engaging with the bullish continuation. Nevertheless if price takes out the current swing high with a body of a candle. I'll...

ombejonathan

The EURNZD is currently ranging on the 4h -1h , when price approached the previous highs FVg, we noticed the rejection at that peak area. My thesis is price has to fill in the imbalances below to generate enough fuel to take out the strong level of resistance above that has been rejected multiple times Highlighted green are the areas of imbalances yet to be...

ombejonathan

Judging from the outlook of the market, I can say dxy is currently ranging(consolidation) with liquidity on both sides. What i expect is for price to take out the lows before filling up the FVG and imbalances above that was created during the CPI. Lets watch how it plays out next week. Tell me what you think?

ombejonathan

Price has currently retraced back to an area of strong demand, I'm expecting price to form sort of rejection hence filling the liquidity areas created by the dip today before any further rally down. Risk management is paramount. Tell me what you think?

ombejonathan

I expecting a bearish continuation on the EURNZD, likewise price retracement to fill in the 4h FVG before its continuation. Nevertheless if it fails to retrace, LTF might be the edge. Goodluck tomorrow guys.

ombejonathan

Giving that price has broken resistance level1 & 2 all in one strong bullish momentum. I'm expecting price to pullback into the order block which is the hourly swing low that caused the the break of structure of the consecutive resistance. Then on its retest I'm expecting price to push up ,atleast from CPI on Tuesday I'm expecting an impact either ways. But...