EUR/NZD buy up to the imbalanceBuying the pullack till imbalance and also a 71% fib level. We buy up the pullback, and then sell down from 71% fib downwards to the sellside liquidity pool
Institutionallevels
AUD/USD Upper Bound Ceiling Holding Following up from the previous posts about the structure of AU, the upper bound ceiling mentioned in the previous post has held true to its form as a price zone of resistance.
EUR/CHF selling the middle of institutional candlePossible idea on euro/swissy, expecting a retracement to the middle point of liquidity capturing candle 1.10300, possible strong reaction downwards towards sellside liquidity pool
AUD/CAD short. Reaction from institutional levelExpecting an impulsive reaction downwards from 0.90500 level. 71% OTE(optimal trade enrty) fib level agrees with the imbalance zone and the strong level of 0.90500. High probability trade, minimal risk, tight stop loss just above 0.90675 covering the top of liquidity capturing candle 4H chart September 19 04:00 o'clock (UTC+3).
Swing trade on EUR/AUD. Playing with liquidity poolsAn intresting range between 1.62000 to 1.63700 has formed on EUR/AUD 1H chart. Buyside and sellside liquidity pools have been created(equal lows, equal highs). Sellers have already been taken out, now its buyers turn :) I identified a set-up, now we wait for a retracement to 62%-71% fib level, half of the order(sell limit) rests on 62% fib/the middle point of that huge institutional candle on October 17 3 o'cklock (UTC +3), the other half leave for entering on 71% fib or even higher if we get a larger retracement.
150 pips for the patient.AUDNZD - textbook setup.
This one can be sold into 1.05340 for a cool 150 pips profit.
Let's get it!
NZDUSD LONGWith the last equal low below soon to be taken out the market has left a lot of liquidity pools above combined with imbalances and mitigation zones. By identifying institution candles also this trade is a high probability set up for me as i believe the upside targets must be taken out before a continued downward move.
I plan on holding this trade for as long as it takes, the imbalance zones are very noticeable on the 4H time frame and leave large indications to exit areas and signs of reversals which can create potential re-entry points.
Lets see what happens
Gold levels to watchMajor zones to keep your eyes on.
Long bias for the long-term, but short to midterm downside is a possibility.
Never close your eyes to reality - drop your stubborn emotional bias.
lets go!
EURNZD: Swing Sell Opportunity- Entry is at the 88.6 fib from the market high.
- QML entry (Quasimodo Level)
- The buy from the C leg has TP levels that align with this zone as a Fib cluster
- Institutional supply zone
- Bat pattern harmonic completion
14.08.2019 - UJ UPDATE: SESSION RANGE VOLUME PROFILE ANALYSISHello and welcome to my channel
4h timeframe
Divergences in price, momentum and volume = Bullish signal
Orders around 109 needs to be filled and prices will most likely be pulled towards 109,200.
All the signs of the reversal is already revealing.
Make sure to comment or like if you enjoy the analysis and let me know if you have any questions.
God bless you and happy trading
Trade update: EUR/GBP analysisprice broke out of the ascending channel to the downside, with a significant 4HR bearish engulfing candle close below the trendline, could expect further momentum to the downside, targeting the 0.8800
Potential trade setup: EUR/AUD analysisPrice has extended into the yearly highs price region, however, am waiting for a rejection around the -27.00% region whether its a daily/4HR candle wick rejecting of that key supply zone. Seeing previous daily candle closing as two shooting star at the 1.63556 price barrier, hinting that there is buying exhaustion around this area. However, fundamentals will play a key role with president Draghi speaking this week to AUD policy talks.
weekly market breakdown: DXY analysisAs expected last week candle closed as a bullish engulfing candle to reach the highlighted region area which is in confluence with 61.8% retracement line to form a right shoulder. However, price will be closely monitored around this region due to key fundamentals ahead this week, e.g fed rate talks on interest rates. Many investors are expecting dovish sentiment if that's the case price could rally to 96.00-95.00 key levels, however, if rates remained unchanged price could further show momentum to the yearly highs of 98.00 key area of resistance and institutional pressure.
potential trade setup: XAU/USD analysisthere are many confluences around $1360.00. The trendline is playing as key resistance, previous yearly highs rejecting this area if the -27 fib line is rejected price could then rally to the downside,
Weekly market breakdown: USD/CHFprice rallied to the downside and tested a key weekly level of 0.99000, however daily rejections at this price region with bullish candle suggest strong institutional demand that may be dominant over the bears. Price could reverse and form a new lower high at the highlighted region as the 3rd drive, also in confluence with MA acting as resistance in addition to that price region being a 61.8% fib zone.
USOIL potential trade setupAlthough the price has been continuously bearish we are approaching a key dynamic area of support, if there are signs of exhaustion at this institutional demand area and a break of the counter trendline, this could confirm strong momentum to the upside as we seek for long term entries towards the targeted price region.
-Risk reward for this trade could be amazing, 1:4.4
Pending Limit Order: Buy EUR/JPY: @ 122.23Pending Limit Order:
Buy EUR/JPY @ 122.23
TP: 122.38
SL: 122.08
Potential Trading Setup: EUR/AUD analysisPrice has shown 4 to 5 days of consecutive bullish momentum to the upside. However, we are approaching a key area of resistance which has proved to be a reversal region in the previous yearly highs. Awaiting for candlestick confirmation of signs of buying exhaustion before reversing to the confluence target zone of 1.61555 for a new swing low.
- possibly great risk-reward, with SL 20 pips above the high, and targeting 155 pips
