NASUSD100A simple, yet powerful 'Break and retest strategy' alongside 'correction' moves make, for me, the best confluence one can have.
Clean naked chart, Market structure and Price Action, baby!
Buy Bias, after break of previous structure low.
Breakandretest
BTCUSD LongFound a long entry on btcusd, price already retested structure... Used my method to place a sniper entry.
BREAK N' RETESTCADCHF broke it's major support and retest it as resistance.
With the pinbar price action and the impulse that is preparing right now it shows us that it will keep going its downtend.
Price Trap (USD/JPY) IDEA......Wait for break AND retest on the 1 hour TF
enter 15 min TF
CONFIRMATIONS OF 2 BULLISH or 2 BEARISH candles DEPENDING ON BREAK OF ZONE (FLOOR OR CEILING)
25 Pips TP
25 Pips SL
1;1 RISK/REWARD
EXAMPLE
0.01 per every £100 in account
0.02 = £200
0.03 = £300
0.04 = £400
0.10 = £1000
GBPAUD STOP HUNT SHORTPrice broke through clean highs taking out stops on two different levels, this will fuel a larger move to the downside. the movement back within and retest to the zone that was made before the clean highs were broken is my confluence for my sell. on a lower time frame its easier to see the swing failure pattern right into the zone. PRICE IS GUNNA DROP
USDCAD SHORT Clear break and retest with a lot of rejection here at this minute 15 zone. There are lots of rejection at the golden fibonacci zone. Price is also retesting my 20ema. I will be going short here. TP 1 is -27.00 extension and TP2 is -61.8. My SL is set above the highest wick rejection here. Lets let this baby play out
AUDCAD, break and possible retest.Price is at a high probability support and resistance zone which also aligns nicely with a 6H trend line. Drop to a lower time frame for signs of rejection and a better entry once price continues to respect this zone. Happy trading!
Side note: I've been absent for a bit because of some personal things I was dealing with but I must say thank you to euphoriant_one for sending me a message today to let me know that I've been missed. I greatly appreciate your message and concern. Thank you and I'm back now :)
Price Trapped Idea2 pip stop profit 10-15 pips
1st order 30 pip TP
2nd order Trail Stop Profit
30 pip SL
eg. 0.5 + 0.5 =0.10 (£1000 account)
entry on 15 min TF
EURAUDPrice seems to go to retest the support zone. Patience wins, so let's see if the support zone will cause rejection or we will see continuation towards trend line below for future long trade opportunities.
NZDCAD FOR LONGThe NZDCAD analysis is a long for me. looking a a retracement to either 50% or 61.8% fib.
NOTE: Not a recommendation. Just an opinion.
USDCAD SHORTClear break and retest here on the minute 15 chart for USDCAD. Price is also under the moving average signaling a downtrend, with there also being confluence with the Fibonacci. Im going short here with TP2 at the next support level. TP1 Is midlevel or my -27.00 extension. Lets be patient here
GBPJPY SELLGreat opportunity here during the London session. This trade is very simple. Break and retest of a major resistance zone on minute 15. Price is also in a downtrend. The entry is kind of late but not really. After I saw the wick rejection to the resistance I wanted to see the price drop a bit which it did. Price should flood down to the next major support I have marked up relatively easily.
NZDJPY BUYIm going to go long here on NJ. The moving averages indicate that this is now transforming into a bullish market. The most recent resistance was snapped and is now being tested at support. Im going to risk a small percent here for a gain of roughly 10 pips. Lets see what happens here.
US30 15m SellBreak and retest on US30 price seems to be rejecting in the 38.2 and 50.00 gap depending on price patterns this could be a great trade. larger scale rejection zone was entered on higher timeframes.
Break and Retest Eur/nzdBreak and retest of a 4 h resistance, rejection from two 4h candles structure was built in 15 min lower time frame entry. Tight stop loss might break and hit the trend line I will look to reenter if that happens
XAUUSD LONGI'm going long here on XAUUSD. A clear break and retest with the confluence from my golden Fibonacci zone. This will be my last trade of the day as the market is soon going to slow down. I have two positions running. I will close position one at the -27.00 extension. And I will close the second position at -61.00 extension which is TP2. Once the price reaches the 0.00 zone, I will move my stops to breakeven, to essentially make this a risk free trade. Let's see what happens here. We are 2-0 for the day, lets go out with a win.
eurjpy break and retest short move.eurjpy broke structure and fell down. waiting on retracement and retest of the bearish engulfing due to a quick imbalance of price that was created.
potential 5.88 RR
LONG AUDUSDClear break and retest on the minute 15 candle chart. There is also confluence with my Fibonacci golden zone. I will be entering here after seeing price reject from this region. I have two positions running. Tp 1 for the first position is the -2700 extension, and for position two my TP is the extension right beyond that. Once the price reaches the 0.00 extension ( which is marked black) I will set SL to break even and let this baby run. Let's see what happens.
NZDUSD LONGI'm currently in here on NU long. I entered after a break and retest on the minute 15 candles with the confluence in my golden fib zone. Tp 1 is -27.00 extension, TP2 is the extension beyond that. I will move my SL to breakeven once I see a candle close above the 0.00 extension. Let's see what happens.
NZDJPY LONGClear break and retest of a minute 15 resistance level. There is also rejection at my golden fib zone. Im going long here to target the -27.00 extension as my profit target.
AUZNZD ShortPrice Broke the support and retest.
Price has the potential to reach next major support level.
