Fvg
Top Down Analysis Of US30(Down Jones) Buy to Sell Pt2/3We are in a bearish MS overall on the higher time frames. And market just broke Market Bullish Market Structure so we can expect an retracement to the recent high. Before price continue selling. So I spotted Accumulation Schematic 1 on the 3 min Timeframe for possible entry.
Top Down Analysis Of US30(Down Jones) Buy to SellWe are in a bearish MS overall on the higher time frames. And market just broke Market Bullish Market Structure so we can expect an retracement to the recent high. Before price continue selling. To either the Weekly or Daily OB/Demand zones or FVG. With Elections coming up it will be interesting to see how it plays out. Really haven't looked at any Wyckoff Schematics yet for it.
#Link updateI am still holding my short from 18.5$ have booked majority of profit though as Fib levels held -
i believe we will fill the FVG gap below before heading up.
currently we are facing resistance at 0.618 level i think we might break it & hit the resistance again just to reject, this is an old idea
if we do that will confirm the ascending triangle as well & triangle targets fits well with the FVG gap, FVG gaps can be filled even as a wick so if you are planning to hold for long term that is best place imo, it also lines up with FIbs levels!!
USDJPY PLAYED OUT AMAZING CHECK THIS OUT!!If you refer to my previous trade idea for USDJPY you'll see that I had the mark ups set up for a buy right around the blue box for the OTE on the fibs. Im currently up 71 pips from my entry if anyone took this I recommend taking partials and putting stops in profit because FOMC will begin soon. The market came exactly 4 pips away from my entry. I always execute on trade ideas when they are 5 pips away from my entry so this is a prime example for me as to why I don't use limit orders I always use market execution. Non the less I felt like sharing this on trading view to make my trade idea for USDJPY public as it is one of my favorite pairs to trade. I hope everyone enjoyed this. Talk to you soon.
USDJPY TRADE IDEA!!I really like this trade idea to the upside. With that reaction off of the daily OB I will take that as a confirmation that we may be in a intermediate term low. Of course depending on what the DXY does for the rest of the weeks to come. I like the idea of the market coming down into the OTE which would be the blue zone and then continue on up. If this happens today I will take the trade idea but I would prefer for this to happen during the London session or NY session on Tuesday and hopefully that will be the low of the week. My main focus for the trade idea would be for the market to tap into 106.800 that is my final target. Which would be the Daily bearish OB I have highlighted. lets see what happens.