Mitigationsetup
Potential Shark Forming 🦈🦈US30 - Potential Shark Forming, looking to swing this short for the HTF downtrend continuation, we've had some nice mitigations above along with the tweezer top and still have lots of imbalances to fill below.
I will be trading this in both directions and I will be looking for buys/pullbacks at the "PRZ"
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only
Tracking H4 and H1 POI and MITIGATION play on Dogecoin... M15Market Structure Alignment
DOGECOIN
M =
W =
D =
H4 =
H1 =
M15 =
M5 =
M1 =
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BIASES:
BB = Bullish BIAS
BRB = Bearish BIAS
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CODES:
b = Bullish
bg = Bullish Range
br = Bearish
brg = Bearish Range
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Bimb = Buyers IMBalance
Simb = Sellers IMBalance
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Boms = Break of Market Structure
Bboms = Bullish Break of Market Structure
Brboms = Bearish Break of Market Structure
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DZ = DemandZONE
SZ =SupplyZONE
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H = High
HH = HigherHIGH
HL = HigherLOW
L = Lower
LL = Lowbrow
LH = LowerHIGH
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POI = Point Of Interest
IMB = Imbalance
IC = Institutional Candle
MIT = Mitigation
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Black = Monthly
Red = Weekly
Green = Daily
Yellow = H4
SkyBlue = H1
NavyBlue = M15
Pink = M5
Purple = M1
Orange = Alerts
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AUDJPY : Bullish trade setupM & W charts for AUDJPY are bullish.
Daily chart just rejected from a Daily bullish Order block and created a 4H mitigation in the process.
Trade idea - as price comes back to the 4H mitigation block, watch for any form of price rejection and then trade along.
Confluences for the 4H mitigation+ block
- in 50% discount area for the range
- 4H mitigation+ is inside 1D OB+
- Has clear upside liquidity targets
GBPUSD Long after order block mitigationLooking for GU to continue it's bullish trend after this 4HR order block is mitigated. I've refined down just to the 15min and will look for structure if/when the OB is reached.
Could go in blind order here with a limit buy order.
Entry - 1.38494
SL - 1.38420
TP - 13RR
🔔EURGBP - From left to right, we have price creating a weeks worth of liquidity that price spiked down to acquire and returned to the upside.
- Upon returning to the upside price created a double bottom formation to potentially entice buyers into positions.
- However, price is respecting the 84.060 region and so my bias is that price is being magnitised towards the downside towards a potential sponsorship candle region where the EQL's will be taken out and we will satisfy the region.
- When we reach the SC level I will look for long oppourtunities.
- I have entered a short position to the SC level below as price action was respecting the resistance level and so my bias was correct and I took a short position off of the 50% of the most recent Sponsorship candle.
- I have a 3 pip SL and a potential 100 pip reward for a 1:35 r/r.
🔔 CHFJPY LONG POSITION- Simple trade whereby price previously took out a week's worth of EQH's and so liquidity and then reversed with high momentum to the upside suggesting a possible IC region price would like to come back to satisfy.
- Further confluence would be the double bottom formation on the lower timeframe creating a pool of liquidity below price and so a possible spike down 40 pips to take the liquidity out and then reverse to the upside to continue the bull run.
- I would like to enter long positions upon the spike down and with a 30 pip risk and a 530 pip reward, we have a 1:17 r/r.
GBPCADI was expecting a bearish sentiment before a very bullish GBP market with Brexit & elections on our door step but it seems the GBP keeps rising which is scary in these uncertain times. This indicates to me a very big market crash coming in 2020 as expected with chart readings, housing market, interest rates, the usual market crash cycle and many other factors tied into this including Euro sentiments.
Many of the other GBP Pairs also have a simialar outlook/set up which I may post analysis on shortly.
PATIENCE - CONFIRMATION - ENTRY - PROFIT
GBPUSD all time low?With the Brexit deal being put into doubt and the big bullish movement we've seen in the last week, i'm looking for GBP based pairs to fall big time for atleast a retracement before heading back to the upside. With analysis and liqidity to clear and imbalances to fill however, this move may just play out in the long term creating all time lows for GBP based pairs.
PATIENCE - CONFIRMATION - ENTRY - PROFIT
GBPNZDWith the Brexit deal being put into doubt and the big bullish movement we've seen in the last week, i'm looking for GBP based pairs to fall big time for atleast a retracement before heading back to the upside. With analysis and liqidity to clear and imbalances to fill however, this move may just play out in the long term creating all time lows for GBP based pairs.
PATIENCE - CONFIRMATION - ENTRY - PROFIT