Qm
MATIC : Short term Bearish on QM SetupHello :D
Price have create a Higher Highs and followed by Lower Lows on H1. Currently there is two time prices rejection on SBR Zone (0.358 FIB Level). Which is right below Supply Zone around 2.6300 $.
This also show there is Liquidity Pool between that area.
The Possible Exit is at:
- Minimum Exit : 2.3000$ (1.618 Fibs)
-Target Exit Zone : 2.0830$ (2.618 Fibs)
This Bearish market is because on Daily BBMA Setup, price have touch the 5/10 Lows and don't have enough momentum to continue the BULLISH Trend. Possible price will target the 50 Daily EMA which at the same level with Target Exit Zone.
Thank you and wish you all have a nice day :D Peace.
USDJPY is gonna fall for daysWelcome dear friends;
In dollar/yen chart there is a QM level (kind of head and shoulders) that price is gonna drop from there and go along. in yellow level price will drop with confirmation in 1H & 4H, and a target to A area. Yes, I think price is gonna fall, but it is temporary, 'cause there are bigger bulls that wanna buy low.
GBP JPY Short Idea on QM zoneI marked the h4 qm zone in blue for you and a nice S/R flip Guppy has done... the upper yellow zone is my ltf QM area iam looking for a ahort entry ....of course price could break this zone if that happens its important to have plan B ...and plan B is for sure the retest of the broken structure.... but for now iam focused on plan A and a short at the choosen destiny
Always check ltf if u are able to !!
have a good week swingers...
EURJPY - "Potential" to pivot LongLooking for a potential continuaion to the upside.
We have clear indication that institutional orders are in the market due to these lows and stop runs.
How can we use this to find high probability setups?
Institutional traders act differently to retail traders, retails don't have anywhere near the same size capital so they accept a % loss whenever they place a trade, whereas an institutional player who can have what seems to be an infinite supply of capital won't allow their positions to become losers. This means they will protect their orders but entering another X amount of position as price retraces to their entry.
Another important point is that if they are entering with a large position, they won't get all of their order filled at the same price due to liquidity, so they may get filled part order at a more disadvantageous price. To combat this they may enter 40-50% of their position sizing intiially, and wait then for price to retraee a little before entering the remaining 50-60% of their order.
Obviously this is a very basic overview of what's happening, but if you would like to learn more check out Xclusive Trading and the premium membership plan we offer!
www.xclusivetrading-groupltd.com
Have a good week everyone!