Imbalance
2 Sharks 🦈 (Bearish to bullish)USDCHF - Price created a new weekly low at the .886 from the previous low.
Weekly PA is bullish so I expect price to reject from this zone and head towards the highs (Or at least the quaterpoint the red line).
We have a Daily shark pattern that completed right on the weekly low and we have a break in the lower TF bearish momentum.
We have a 1H BOS which is another indicator of a possible reversal, so I will wait for the price to return towards the D point/lows and then start looking to take this long.
Whats your thoughts?
Potential Bat Forming - Weekly Pullback? GBPNZD - Looking bullish on the lowest timeframes, potential bat forming here using the Daily highs/lows.
Price again broke the momentum trendline on the LTF, and we had a BOS on the LTF/HTF which created liquidity then price started trending bullish following the pattern of the bat, I will be looking to trade this CD leg based on the confluences and PA movement.
Let me know your thoughts?
Shark Almost CompleteEURUSD - In a weekly downtrend, price has now come close to the .886 on the weekly pullback (Also creating a shark pattern) Price could extend to 1.13 on the shark but as long as the daily closes back below were still good to go short here.
Now price is ranging creating liquidity, I'm waiting for one last liquidity hunt to the upside before potentially taking this short and the target will be the previous low for a swing and multiple entries for scalps.
Let me know your thoughts!
Potential Butterfly & Imbalance FillUSDCAD - Looking for price to pullback to fill the imbalance or hit one of of my other confirmations, I have 3 possible entries here that I will take if price pulls back, the safest one will be on the line of the D point of the butterfly, because the retracement is the deepest and it's close to the DL which is now trending up, ill take all 3 on LTF but for a swing you can take any of the entries and use a larger SL to cover the DL!
Whats your thoughts?
Potential Deep Crab GBPJPY - Potential deep crab forming, I will wait to see if price rejects from the daily low or breaks down to the crab D point!
I'm still overall bullish on this pair on the HTF I have a crab on the weekly projection, I would see this move as retracement > continuation.
Whats your thoughts?
Potential Retracement Before ContinuationEURUSD - Potential retracement following the shark pattern down to a previous strong OB and imbalance's that need to be filled before I'm looking to take EURUSD long again in the trend continuation!
Price may not complete the shark so I alerts pending in between just incase!
Bat, Bat, Crab!USDJPY - I just entered short on the LTF based on PA and harmonics,
I'm trading away from the daily high down to the lows, we have BOS on the LTF and other confirmations for a potential pullback, ill be taking most the volume from this trade at the 20 pip level and the rest to run!
Let me know your thoughts!
Deep Crab Completed (Almost....)USDCAD - Sitting in a strong supply zone, BOS on the daily TF creating new lows, price right now is sitting on a strong Daily OB along with multiple other confirmations, so chances of reversal or at least a pullback are highly probable, I'm waiting to see if price starts to break back towards the Daily high, if so ill enter a swing on a second test.
Whats your thoughts?
Weekly OB & Shark!GBPJPY - We've all been waiting for this one to fall!
The next potential level for reversal I can see that has some confluence is this Weekly OB zone, which lines up perfectly with the weekly shark pattern.
Price has broken daily highs and I will look to take this long if we get a retest and bounce of the 156.000 level!
Whats your thoughts?
Potential Crab Forming US30 - if 35000 holds we may see new highs and a completed daily crab!!
However, we do have many strong resistance points in the way for that to happen (Nice zones of interests for potential short scalps or even reversals)
If price breaks 35000 then we're potentially falling back to the lows!
Daily High Broken! GBPUSD - Daily High broken.
This analysis is zoomed in from the the Daily to the 10m chart, you can see the new daily high and low.
I now expect price to reject from one of the fib levels and continue to break to the upside.
(The D point would be an ideal entry as theres more confluence here, but we might only see a .618/50% and an imbalance fill before price takes off! All depends on how strong the trend is!
Let's see where price rejects/where structure breaks!
Let me know your thoughts!?