neutral as of right now looking for good risk management trades buys at lows and sells at structure supply and demand 4hr does shows price wants to go up with daily bullish pinbar so we will see
From my bias i’m seeing price on the 4hr chart has closed higher and is overall still making higher highs so i’m expecting more buyers to push price to 166
This week my bias is long as it shows we are clearly in an uptrend as sellers bottomed out around 160 first target this week is like to see 164.50 and after 166 level target . This is just from what i’m seeing on the charts from my pov and even if price does otherwise i’ll for sure be able to adjust my outlook and i always keep both biases in mind
i waiting till price reached my level i saw 3 bearish candles usually means buyers tend to enter the market after that candle stick pattern i then went to lower time frames and executed my positions based off my strategy Target 1:3/4 RR
Waiting for price to show price action for buy entry at areas labeled on chart in confluence along with the candles sticks on 4hr and intraday timeframes
Waiting for xrp to return to 4hr and daily demand level after the bullish run and close above we had on friday once i see that i will then wait for price action to show me bullish sentiment on hourly time frames and will enter according to my plan .
so price seems to have stalled at the 50% level on the fib and seems to be rejecting well i also have other confluence so i took a buy entry with about a 30 pip sl
3 red soldiers candle stick pattern on the day chart , also price closed below support may see the yen gain some strength
so taking a long at bitcoin on the day looks as if buyers may be stepping back in to continue the uptrend i do a daily engulfing candle and the next day a bearish pinbar candle so if anything i am expecting a push to test next resistance area 1100-11200 possibly higher also formed a higher low didn’t close under its previous sell off low
price looks as if it wants to push higher forming a falling wedge let’s see
looking to go long on usdchf because dxy is showing upwards money and day candle is above 61.8 so maybe going into asian session we can see a move
Looking to short gold and i say that because it seems like this week we have had dolllar strength we could just see a possible short to 1860 and i do see price at the 61.8 on the 4hr using fibonacci from swing low to swing high also possible head and shoulders pattern
looks like gbpusd has found support at key resistance and looks to might’ve formed a double bottom could see a move up soon
i’m currently short on usdjpy i see price has a daily engulfing and the sell off last week broke the small uptrend it was holding ever since price has came back up retested but has not since made the next sell off yet so this is my analysis as to how i expect it to play out
Price still yet to form a higher high expect a potential last sell off and maybe after some buying pressure but if you look at the 4hr price is very much so bearish so let’s see how this plays out
Currently in a buy for when it broke its first low and successfully retested and went up but now i am expecting a breakout to happen soon i’m seeing a falling wedge breakout pattern and price is still overall bullish
SO GBPNZD turned around after being in its short last uptrend and mostly has been selling off for majority of the week as i analyze i am seeing gbpnzd clearly making losers lows and based of price action i am looking to short here and i am seeing buyer weakness at this previous support which is now acting as resistance