Looking for Sells have some potential targets to the downside 4/1 and 8/1 setup
4HR and daily timeframes are bearish wanting to see price coming into a retracement area to sell off been testing strategies and working on becoming a funded trader sorry for the time gap
Loking for a 5min timefame entry on U30 to potentially take to the next 1HR IPA Fill to the downside
I will break down the timeframes within my reasoning for looking at a sell for EURUSD as well as the DXY influencing my decision
In this setup the Daily timeframe is bullish so what we are looking at is a chance at a retracement entry to target another extension higher with EQ Highs as are targets for liquidity sweeps and stop hunting for retail traders support and resistance zones. As well as mititigating previous institutional candle to potentially give us that momentum higher
Playing off of the setup I discussed last week selling into a buy setup looking for the daily retracement to give us a buy setup to potentially bring price higher for a daily retracement
Taking a close look at gold and what its doing right now I will give a breakdown in detail to each individual timeframes left in the comments below
I will be breaking down this setup idea with top down analysis as well as with wyckoff logic/ smart money concepts
Setting a limit order, I will also do a better breakdown when the trade returns into the area to also look for any places of reentry as of right not I have a pending buy limit order at the 50% entry area on the institutional candle
As per pre london session I am looking to catch a sell as long as we dont continue to break structure and create another new LL then I am looking forward to taking this sell oppurtunity . We are bullish as of rn however we can take a counter trend trade on the daily retracement as there is a 4HR break of strucutre to the downside so we would be following the 4HR...
We are overall bearish however we just entered into some higher timeframe points of interest from the past so we are looking to see some reaction that can lead to us getting into a counter trend trade following the 4HR Break of structure
Breaking down this trade on gold we are at a longterm bearish discounted price point on the Daily which is why you see the 0.866 and 0.786 areas to the right. I have multiple timeframe charts i will be posting below in the comments to give a better perspective on why I like the downside movement
Wanted to give a brief breakdown on USDCAD with multiple timeframe anaylsis that will be provided in the comments didnt have enough time to break down the chart and take the trade but I hope this brings you value
In this setup I would like to see AUDUSD come back and mitigate the previous candle that swept retail liquidity to then hold and take this setup under the trendline liquidity drawn below> I am also going to be posting top down anaylsis of the different timeframes below
With top down anaylsis on EURUSD I see that we have a longterm weekly bullish trend however the daily and 4HR are both bearish. Now we are at a discounted price point on the weekly and we are playing above a newly filled monthly IPA area which means we can see a solid reaction from there. Now breaking down smaller timeframe liquidity was taken and now we have...
Break down provided on the following charts I only want to see this for NY session or if the equal highs or lows are swept
Through Smart Money concepts I ultimately would like the EUR to come down to 1.8900 in the future within the next couple of weeks however in order to get there we have to see what we are playing with now. What I do see is that there is area right in between the mean of 1.22100 an 1.21800 that I would like to get to in the future to take my long term bias to the...
With divergence as a final confirmation added into smart money concept we see that price is already moving into our directional bias with added smart money confluence that we got a sniper entry on the institutional candle that cleared liquidity. Structure is now aligning with the higher time frame bias to the downside.