Crab Forming 🦀US30 - After 2 successful entries yesterday price broke and a close below the DL, price broke structure and now has bearish momentum on the HTF/LTF so i'm only looking to go short.
Price is currently ranging, creating liquidity.
We have an imbalance zone with a refined OB from the last push yesterday, this is where I believe price will pull back to staying within the bearish range before continuing short to the Crab's D point.
(This is where I will look to take US30 short again if the highs are respected)
Whats your thoughts?
Liquiditypool
NZDUSD - Looking for bounce off .88600 levelNZDCAD
ENTRY 1
SELL LIMIT @ 0.88631
Stop Loss: 0.88655 (Add Spread)
TP 1 (1R): 0.88607 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 0.88560 (1/2 position every TP)
ENTRY 2
BUY LIMIT @ 0.88436
Stop Loss: 0.88425 (Add Spread)
TP 1 (1R): 0.88447 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 0.88469 (1/2 position every TP)
Reason: Price showed a heavy rejection of this level in the past, i would like to price do the same again. Will be waiting for my alert, and then watching price action for a Break of Structure.
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?
Butterfly Complete - Now Potential Bat!USDCAD - Looking bullish, we had a butterfly pattern complete on the D point which was also a previous weekly BOS zone.
Price then broke the LTF momentum trendline and broke structure on the 3/4H TF creating EQH, indicating bullish momentum.
Price is now making LH & HL and we have a potential bat forming, this bat fits nice with the weekly downtrend as the.886 lands in a weekly supply zone and is a good place to look for shorts if the weekly downtrend continues (Once/if price reaches that zone!)
Let me know your thoughts?
Crab & BOSUS30 - Rejected nicely from the 35000 area yesterday and has now broken the highs on the LTF
I'm expecting price to hit/break previous highs so I've take this long following the HTF bias and LTF price action!
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 Butterfly!NAS100 - Is about to hit a daily OB, I feel price will reject to the B point or a little lower, creating a liquidity trap to then fill the imbalance before heading up to mitigate the higher and stronger OB before reversing!
I May potentially take all 3 trades if price action confirms it!
Whats your thoughts?
US30 Short After Supply Tap!US30, I'm still bullish with US30 because of the amount of trapped liquidity we have here (We might get a small pullback because of this) But we're very close to a supply zone which has lots of confluence for a high probability low risk BIG short trade, price has already cleared out some of the liquidity, but looking left theres still a lot more in this zone which I think price will try take out before reversing from the supply zone.
I have multiple entries lined up, the lowest risk would be the D point of the Crab which lines up perfectly with a refined OB.
Whats your thoughts?
Potential Deep CrabGBPNZD - Potential Daily Crab, D leg lands in the daily demand zone, clears an imbalance and taps a refined OB (This is my ideal entry for a buy, highest probably, lowest DD trade)
However price may just clear the daily imbalance (1.93043 level) and then reverse!
Will be watching PA as it reaches this level. First level ill take a swing with LTF confirmation at the first if price bounces, and if price comes to mitigate the second level ill add a second order.
Whats your thoughts?
Potential Gartley FormingXAUUSD - Potential Gartley Forming on gold, price is currently facing a little resistance due to a previous strong OB (I just took a quick scalp there) but im waiting now for price to break that small liquidity zone and take me up towards the D point where I will look for stronger reversals/swings. (Also if price breaks above the liquduity zone I will scalp upto the D point)
Whats your thoughts?
Potential Deep CrabUS30 - Potential Deep Crab, following on from my other shark analysis (Which was correct) Check the history, i've found this crab forming, If price retests and rejects the Asia high on the OB I will look to short this down to the previous weekly low (Blue dotted line) Then gaugue PA once it reaches this target, I would be looking for rejections before potential BOS to the downside.
Potential Crab Forming GBPNZD - Potential Crab, Price is trending up on the HTF and I'm hoping for price to return to the 1.95993 level to fill a previous imbalance and then reverse from an OB to continue the HTF trend bias.
The previous reaction close to this level is very strong and we have a lot of confluence, a bounce is probable.
Whats your thoughts?
Trade Complete, Now Potential Crab Todays trade completed, beautiful, no DD 120 Pips, i've taken profits due to hitting some liquidity, price may get choppy and its probably not worth holding so im going to wait for the price to hit my Buy zone (D point of the crab)
This fills a nice imbalance, moves nicely with PA and lands nicely on an OB! Mark this level up for an alert on your charts!