uurr273

uurr273

Watching some possible scenarios for GU wc 11th Dec. Monitoring DXY price action which may drive GU higher/lower. Looking at the current price action for GU, can see the market cycle: Accumulate >> Reaccumulate > and now within a H1 range (neither high or low of this orderflow has been broken, with reference to the last two red dots) Positioning myself with...

uurr273

Looking for bearish Momentum to continue that can be seen on the Daily TF. If price comes within this Poi the momentum will Indicate whether Buyers are exhausted or still looking to buy. Large Impulsive candles up may Indicate market may want to reach higher (re accumulation ), however a ranging market, giving Distribution characteristics ( Type 1/ Type2 / H+S )...

uurr273

Sharing what I feel I am seeing on ACAD, Open to thoughts around my analysis. I'm watching to see proof of confirmation via wyckoff Schematics. Again these are my Ideas only and a means to forward test , learn + grow. Daily I can see the market is bearish. The Poi marked up sponsored the price into a previous redistribution, to mitigate before continuing its...

uurr273

Please note this is just an idea I am watching and would appreciate your feedback. After seeing a 'W' pattern on the 13th price showed bullish price action. I am now anticipating price to return to retest previous resistance and turn this into support. In doing so liquidity would be captured before moving higher. I would like to see price take out liquidity...

uurr273

My idea on GJ Seeing Bullish PA, 4H chart shows an inverse H+S being formed indicating bullish action Anticipating price to enter the POI as identified by Fib levels before considering a Sell position. I will be watching for Resistance to be broken and setting an alert towards 153.800 price level before dialling back into the charts to watch for possible sell...

uurr273 Updated 

Looking at price to range within this Descending Triangle. Price has manipulated the highs and rejecting off the descending trendline. At lower time frame: Lower Highs (LH) and Lower Lows (LL) can be seen. Price is retracing back to the trendline where the first sell entry will be sought. Sell entry 2 will be upon the correction proceeding the broken...