GBP/CAD - Potential Shark forming with nice bullish priceaction. Price is currently sitting at the .886 of the 1H bullish pullback and I'm expecting order flow to continue and break the highs! 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...
GBPJPY - Shark Almost Complete, I'm looking for a push down to the previous weekly low (Dotted red line) Then one last push to complete the shark at the .886 or the 1.13 before then looking for a short! If we hit the 1.13 and take out the X point more demand will be triggered into the market giving us a stronger potential retracement, keep an eye on both of these zones!
Shark D point perfectly fills imbalance, HTF is still downtrend, I want to see price rejecting from EMA and pushing back down towards the weekly low (Blue dotted line) Here there should be some rejection with the order block/imbalance but afterwards I think it will break and hit out D point (Then I will look for potential longs) What's your thoughts?
Shark in Shark! Price is bullish on the LTF and we have multiple BOS, I think price will drop to the 200 EMA (Blue) on the 1H, Before continuing to rise to the first D point of the smaller shark just below the the weekly high! I also posted a schematic on the LTF the other day on Gold, go check it out! Let me know your thoughts! Whats your thoughts?
LTCUSD - Shark within Shark, will be interesting to see if price breaks through the previous weekly high and current weekly high, I suspect some retection here before a potential continuation up to the HTF Shark (Blue) D point which will also fill an imbalance plus theres a small orderblock here on the 1H chart.
GBPUSD, Butterfly D point lands directly on the 1.36000, I'm going to watch priceaction once it reaches this level and look for possible reversals/shorts down to the D point of the higher TF crab which also lands inside a heavy resistsance zone from January. Whats your thoughts?
Crab Pattern forming, D point lands in a previous orderblock & fills an imbalance, we should get some nice rejection here, 30/50 pips which will cover imbalance left by the previous drop before the trend continues downward.
Potential Deep Crab, almost complete, (So Im going to scalp down the remaining gap) I missed the 1000 pip drop yesterday on my limit order buy a few pips, (Check my other analysis) However price has broken previous support and now the weekly low, the next target is the 1H imbalance & Orderblock which alighns with the D point of the crab! Whats your thoughts?
US30 - This is where I see price heading... (Sorry about the slightly messy chart) First up to the first c point of the blue bat (Theres a large imbalance on the HTF here) along with a nice OB, then from there a nice drop to the D point which is the C point of the potential butterfly (Along with support and a LTF imbalance) then bounce from there! But let's...
Potential Shark AUDNZD, large imbalance on the 4H with multiple BOS, I will wait for price to tap, I think we will get a nice rejection from this zone!
Harmonic lines up with HTF bias, price should drop to fill the imbalance before continuing the uptrend, will wait for price to reach this level before looking to take this long.
Daily Gartley completed, ignore the earlier LTF analysis it's now invalidated as price broke the highs and completed the HTF harmonic! Imbalance has also been filled. I'm now waiting watching price on LTF waiting for reversal confirmation.
Deep Crab Complete, tapping into an imbalance/demand zone, should get a nice 30/50 pip pullback before the trend continues! (Need to wait for price action confirmation on LT)
We should get a pullback here to at least the 50% before potentially continuing down.... We've had days of bearish PA plus lows taken out with no retracement, now price is sitting on a very strong daily orderblock from January (And has also filled a large imbalance) If price breaks this then I have the next zone of support landing on my daily deep crabs D point...
Great potential swing as this we have multiple confluences, from the HTF down to the LTF, I will be aiming for the previous weekly high! Whats your thoughts?
GBPJPY - Rejecting from an order block and creating a potential shark pattern, D point of the shark lands in previous imbalance, could be a good potential long, I want to see more rejection at current level for confirmation first though! Whats your thoughts?
Bearish shark completed, price has broken weekly/monthly lows, I'm looking for price to head back towards the 1.36000 (Previous lows) clear some of the imbalance before rejecting and continuing down to the next support level.
Previous weekly low rejection and BOS, this is looking good for a potential long on the CD leg, I'm not going to take this trade i'm going to wait for price to hopefully complete then take sells Whats your thoughts?