Price formed a double bottom at demand on the H4, and has since seen a bullish momentum, breaking key highs to form a double top for the next bearish momentum.
Price is still bearish on the higher timeframes. Using Elliot, we can approximate what stage of the correction that is unfolding.
I would be watching for price to begin the bearish momentum at current price or from the 1.21 zone. Target is at the 161.8% expansion at 1.57
Price is still bearish on the higher timeframes. Using Elliot, we can approximate what stage of the correction that is unfolding.
I would be watching for price to begin the bearish momentum at current price or from the 1.21 zone. Target is at the 161.8% expansion at 1.57
Note
From the last setup on the previous sell idea...Note
I took some trades yesterday evening and early this morning (Asian session). I am expecting a small bullish correction before the sell.Note
finally price has come into entry zone. As long as price doesnt break the HL, I would buy the break out to sell entry.Note
Price broke the low. I would be selling. Alternatively, if price forms support at demand, that just means we would break the high.Trade active
nice! Trade active
We might get another entry.Trade active
I am watching this 2nd entry carefully.Trade active
🤩Trade closed: target reached
Note
Note
hmmm, just a quick oneTrade active
Trade active
Note
Price hit my BE.Note
Trade active
live.Note
Previous trade was a loss. When price took out the previous high, I thought we might see a bullish momentum. However, this previous Asian session reaction to supply showed price was still bearish. I had to redo the analysis. I would be expecting something like this for LDN session.Note
Yes!Trade active
I am expecting a pullback.Trade active
I am expecting another pullback.Trade closed manually
i closed my sell.Note
I would be looking for buying opportunities for a correction:Trade active
Note
Note
setup amendedNote
It's sad Price did not give the buy opportunity to sell zone. I would be watching for 15mins BOS to sell. 1st target is the break of the low, then I am expecting a pullback before the last sell of the week.Trade active
Trade active
I would be looking for a buy setup next.Note
The key would be a 15min break of structure.Note
If Price breaks the recent low, i would be looking for retest to sell.Note
I would be looking for a retest for entry.Trade active
nice.Trade active
🤩Trade active
I took partials at the top...would be watching for additional opportunities for entry.Note
I would like to see a 1h retest of demand zone, and probably liquidity grab for confirmation of an entry.Trade active
Trade active
nice! Trade active
GBPUSD; I am being very watchful with this one since its COB LDN session. 
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.