Price consolidated, looking at price on the 15 min time frame. Price broke Higher low structure to the downside, Price re-tested deep into an order block, creating a lower high. I then used my Fibonacci to identify the 50% retracement levels. I then put my SL above the previous lower high and then aim for the lower demand zone. Good trade.
Perfect executed triple top sell trade. Price created a triple top on the 15 mins time frame, after an uptrend using my trendline. an order block formed breaking the neckline. I waited for the re-test of the neckline for entry. stop-loss above the order block that broke the neckline, and takes profit is the distance between the head and the neckline is the...
Market Distribution: The market created a head and shoulder pattern after a strong rally upward. I saw a bearish engulfing on right shoulder on the 4 hrs time frame and took my entry. Stop lose on top of the high of the candle and entry on the low of the candle. ( As price tends to hit the low of the engulfing candle or 50%. ) Target: The length of the head...
TRADE IDEA: PRICE CREATED a head and shoulder pattern within the 15 min time frame. Price broke the neckline and I got in on the trade on the retest. The distance between the head and neckline is the distance price should drop. Perfect trade.
2 entries. Wick/ order block the swing high putting my stops above the high and another entry opportunity Head and shoulder pattern break of the neckline. Targeting the Lows /demand zone.
Short win trade. Supply / contraction zone Identified waiting for price to return to that area after moving a ways so rapidly. Price created a double top to seen more clearer on the 5 min time frame. RSI showing divergence. trade entered at the break of neckline. Target - distance between the top and the neck line, is the target aimed for. Price hit it's...
Usd/Cad trading: Price tap into higher time frame Order block ( Visible on the daily time frame. ) Price action showing right shoulder, head and right shoulder pattern. I waited for break of neckline ( market structure). Candles showing shooting pattern and wicks rejecting the strong resistance. High volume showing seller are in the market, Trade entered...
Supply and Demand zone for good risk-to-reward trades/entry. Ask yourself: How much time did price spend in the area before moving away. (the fewer candles means there are more orders left in the area ) Did price take liquidy from the area. How far away did price move before returning. ( good for risk to reward ) Happy Trading!
USD/JPY SHort Win Trade I spotted signs of Wyckoff. Wyckoff Schematics Markup on the 15 min time frame. After a long buying activity on USDJP, the Price reaches a resistance area. ( a bearish order block on the higher time frame ) With patience, the price finally began its markdown after being carried over from the weekend. Price retrace to support now turned...
Price making Lower Lows And Lower Highs. ( Market Structure ) Fibs tools used for 50% Lower High reversal and entry. stop-loss placed above the 78.6 on the fibs. Price under 200 moving average on the 1hr timeframe. 200 moving average pointing downwards showing the downtrend market momentum. Profit take on the 3rd take profit levels on the fib tool. Fundaments:...
Wyckoff Schematics Accumulation acknowledge on the 1hr time frame I drew my distal line, proximal line, and the POC line around the spring ( the last down candle that took liquidity from the area ) Entry at the proximal line and stop-loss under the Spring ( Distal Line ) there you will find the Wyckoff Schematics support line also which the stop loss will go beneath.
Short sell on GBP/USD pair. 3 plus confirmation. Major market pattern. Entry trade at order block on a higher time frame. Rsi showing divergence ( price overbought ). 21/8 cross over ( blue pass under the red 1hr time frame ). Price also at major quarter theory. ( looking for reversal after a long rise up ) Take Profit Distance from the head to the neckline...
Winning trade I toke on USD / CHF. 3 plus confirmation. Head and Shoulder pattern. rsi showing diversions. 21/8 Cross over ( Blue pass above the Red ) Price hit a bullish order block on the higher time frame. ( High reversal possibility ) 3 paintings on my MT4 private template . ( 3 represent a possible major market reversal ) Target: The distance between the...
Market makers taking prices higher. Inverted Head and shoulder pattern identified. Plus Identifying the wave of Wyckoff accumulation makes a more informed trade.
Reason for a sell trade. Price reacting at previous key supply levels on a Higher time frame. Price form a head and shoulder kind of pattern. High bullish volume is shown, but candlesticks show low bars meaning not enough effort to go higher. ( anomaly ) RSI showing divergence 21/8 crossover ( Blue under the Red )
Wyckoff accumulation- started to learn Wyckoff because it's very powerful when you add this to your trading. This is my Wycoff chart markup for EURUSD.
AUD/ USD Downtrend Trade. 3 Plus Confirmation: Price creating Lower low & Lower Highs ( 4 hr time frame ) Fibs 61.8 reversal level Price as 200MA as support at the 4hr time frame There is a Bearish Order Block on the 1hr time frame in line with 200MA on the 4hr Support turn resistance on the downtrend. Price at Minor quarter theory.
Wining trade. The price made a Lower Low after breaking the bullish uptrend line. Enter the trade on the Lower High. Stop-loss about previous resistance turn support. Target is the previous major structure and the 200 moving average which is a new Lower Low. KR