KCB has had a very impressive run over the years. But fundamentals state that demand must meet supply at equilibrium. After its long rally, price is finally starting to ‘balance out’ in the chart as we saw price break out of the triangular wedge and did a huge sell off to the downside as it tries to reach equilibrium (green zone). As price comes down, it will also...
Classing AMDX. Looking to short during London session ( 2nd quarter) and hold it as swing position
Quarterly theory equipped with price action and time
Price traded in consolidation before the breakout to the upside. Currenlty, price is in a pullback. We could see price making a small rally before continuation of downtrend to the re-test area
We are witnessing WYCKOFF in motion as price makes a final rally to take out the secondary test before the move down. This week, my bias on the Kiwi is bullish since i expect high impact news to come out positive. This will stimulate the move down to take out the Previous Month Low and go to the order block for liquidity. Long term, AUDNZD is bullish. Place sell limit
Price rallied out of the trading range and formed a false impression of the market direction (UTAD). Price then shorted and traded within the trading range. With this, there could be a likelihood of price continuing with the down trend to rake out the lows of the previous month and into the bullish order block to proceed with the uptrend to take out old high.
We saw price dropped to the bullish order block and made a strong rally. Hence there could be a possibility of retracement of price to take out the previous week low and seek liquidity in the region of imbalance (FVG) before the rally to take out the highs of the previous week and previous month and proceed into the region on imbalance (FVG)
We witnessed price taking out the highs of previous day and previous month therefore creating a new high. Hence we may see a small rally before the move down to take out the low of the week. This is because my bias on DXY is bullish for tomorrow's NFP. Let's wait and see
Price raided Previous Day Low and created a turtle soup. We may see a rally in price to take out High of Week and reach to FVG before proceeding with the bearish Institution Order Flow. Fundamentally, tomorrow is NFP. Hence we may expect some upward movement for price to collect liquidity before the continuation of down trend.
Price rallied to take out PMH. We may a retracement to take out PWL and PML
Price will rally to take out Previous High Month of June before the drop to take out low of the month of May and June
Price created equal lows hence we can see an upward trend to H4 FVG. After price fills FVG, we may SHORT to the bullish order block. By doing this, we see price raking out the equal low and previous month low.