Bms
EURUSD, Short Opportunity - 1:22 availableGood morning ladies & gentlemen,
Hope you're all having a beautiful week.
A nice short opportunity has presented itself on EURUSD after trading upwards for several weeks. It's now ready to see some substantial downside. DXY is poised to go higher also.
The monthly orderflow for EURUSD is currently bullish. The weekly and daily however shows that we're in a sell structure.
The objectives below have been clearly outlined.
Objective 1: Refill of the H4 Void. RR 1:6
Objective 2: H4 intermediate lows in line with a H1 Void refill. RR 1:13.
Objective 3: Low of the trading range. If it breaks past this area and closes below on the weekly, we can see further downside with the final target being 1.142. RR for this objective is 1:22.
GBPUSD, Short, RR 1:5 available!Good morning ladies & gents,
Cable is positioned to go short this morning in London.
After breaking the market structure on the higher timeframes, I'm looking to take a pullback pending order @ the price indicated on the chart.
I anticipate that price will clear these three objectives below; however, I'll be scaling out of my position as price reaches and fulfills each objective.
Stop will be moved to breakeven after the first objective has been reached.
Good luck!
EURUSD, Long Opportunity, 1:5 & 1:15Goood morning ladies and gents.
EURUSD has broke market structure after an extended run, I'm looking for a reversal based trade here today at the specified entry point on the M5 chart.
Looking to target the two Daily Bearish orderblocks sat above.
Potential reversal downwards off the first bearish block is possible, that'll yield a RR of 1:5.
If it breaks that area, then I'm looking to take it up to the 2nd TP which coincides with another daily bearish orderblock.
The probability of reversal short from that area is extremely high.
USDCHF Short. 1:7 & 1:13 availableGood morning ladies & gents.
USDCHF has also broken market structure, looking for a reversal trade from this area going short.
After trading up aggressively into our D1 Bearish Orderblock, I see a reversal from this area down to the H4 Bullish Orderblock and also the BISI area below, once it hits the BISI and the Market Maker's books are rebalanced on the H4/D1 chart, I'll be looking for a continuation trade going long.
The BISI is a very high probability reversal area, so I believe that 1:13 is on the table.
Good luck everyone.
Gold Reversal, Long Opportunity, 1:6 & 1:10 availableGood morning ladies and gentlemen,
Gold is ready for a reversal to the upside.
Price has broken market structure on the lowertime frames (H1 & M15).
I'm looking for price to trade back down into the region below where I'll be looking for a long opportunity with my stop below the market structure.
Looking to target these two areas above as intial targets. Based on how the week closes will determine whether I am looking for a longer term swing position.
Good luck.
Looking for long entry's: Bulls targeting $66.000 & higher?In the idea posted earlier (link below), I shared a long entry. Now i'm looking for a second long entry!
Price broke the (short term) bearish market structure (correction). What's next?
Price succeed to make a higher high. What means: We are looking for longs
IF we see a pullback:
The entry should be safe around the $56.000 region.
I placed some take profit orders around $66.000 & $72.000
Thank you for checking in!
Do you have tips or other comments? Tell me please! I'm open for feedback!
EURAUD, Long Opportunity - 1:10Goood morning traders,
After FOMC yesterday, setups are forming everywhere. We got a huge short on USDJPY and EURJPY as well as a long on USDCAD. As they've already moved, there's no point in me posting a chart analysis on that.
However, EURAUD is yet to move. EURAUD has traded down into a H4 Bullish Orderblock. The orderflow is currently bullish. I'm anticipating a reversal off this area or perhaps 30-40 pips below this area, this is my first area of entry however.
Price created a bullish break of market structure followed by a retracement back into a 5 Minute Bullish OrderBlock.
I'm looking to trade price back to refill the imbalance in the market place where the take profit is situated.
This trade yields a risk to reward of 1:10.
Best of luck.
Happy Trading.
GBPNZD - ShortGoood morning ladies & gents,
This trade is a hedge against GBPUSD seeing more weakness. GN has created a Bearish market structure from yesterday where price trapped through Friday's Highs. Price has created a BMS structure followed by a retracement back to the H4 Bearish OB. Looking to sell from here down to the 2nd level of SSL.
I'll be looking to take some partial profits around 1.903 with my final TP @ 1.88650.
Peace and love,
-AmplaFX
GBPUSD - LongGooood morning ladies & gents.
Price has corrected down to the D1 Bullish OB. The IoF is still bullish therefore long is the favourable direction to trade in.
Price has induced past PDL followed by presenting me with a signature reversal structure going long. I'm looking to trade this up to PDH for an RR of 1:5.
Peace & Love,
- AmplaFX
EURGBP - LongGood afternoon ladies & gents,
EURGBP has presented us with a bullish structure. After correcting downwards to the H4 Breaker, price hunted below yesterday's low followed by giving us a Break of Market Structure on the M30.
Price came down in New York Gap time to pin the M30 bullish orderblock which confirms our entry. We entered with a stop below the bullish orderblock.
As the institutional orderflow is still bearish, we're just aiming for a short term target of the D1 bearish orderblock where we're anticipating a reversal based setup.
I wish you all good luck and good trading.
Gold - Bullish ReversalGood morning ladies & gents .
We are officially in another bullish cycle for Gold, so the favourable direction to trade it in is LONG.
Price created an extremely bullish structure offering us a risk to reward long opportunity.
This bullish structure is created through a break of bearish market structure on the D1, H4, H1 timeframes.
I'll be scaling out of the position as price approaches TP, but I anticipate that price will climb back up to the monthly highs created in 2020 over the course of the next few weeks/months.
Targets: 1820 --> 1838.70 --> 1875 --> 1947 --> 2060
I'll be providing regular updates on Gold . Stay tuned.
Disclaimer: This is purely for educational purposes and not offered as trading advice. Trade at your own risk and remember to always manage your risk appropriately. I'd recommend anything between 0.5-3% maximum.
Gold - Bull CycleGood morning ladies & gents .
We are officially in another bullish cycle for Gold , so the favourable direction to trade it in is LONG.
Price created an extremely bullish structure offering us two key areas to look for longs on.
This bullish structure is created through a break of bearish market structure on the D1, H4, H1 timeframes. Today its 15th February (Monday) and price came back nicely to retest an M30 Bullish Orderblock after a LTF BMS structure has been created. This yields a high probability long position.
I'll be scaling out of the position as price approaches TP, but I anticipate that price will climb back up to the monthly highs created in 2020 over the course of the next few weeks/months.
Targets: 1838.70 --> 1875 --> 1947 --> 2060
I'll be providing regular updates on Gold . Stay tuned.
Disclaimer: This is purely for educational purposes and not offered as trading advice. Trade at your own risk and remember to always manage your risk appropriately. I'd recommend anything between 0.5-3% maximum.