


Jethrowong
Price might retrace to 4hr FVG (~1.0884) before clearing Daily Buyside Liquidity (~1.0946). After clearing Daily Buyside Liquidity (~1.0946), price might have a deeper retrace passing 4hr Sellside liquidity (~1.08247) and into the huge 4hr FVG before heading towards the next Daily Buyside Liquidity (~1.1065). Short term selling into 4hr FVG or Sellside Liquidity...
Thought process in the chart image this is for my reference few free to give me some feedback. Waiting for a retest in the 1 min timeframe at the bottom of the blue rectangle. .
4HR TF: Accumulation channel formed and touched the daily OB (White rectangle) and reversed up breaking Daily structure. Price might retrace back down to the 15 min OB before driving it higher again. (15 min OB: Last down candle before it went higher breaking Daily structure.) Note: Will see how prices will form near the green rectangle (Daily OB: the last down...
Stop hunt on the daily TF: Price went up to touch Daily OB (white rectangle) and immediately fall breaking structures creating HL and LL. 4HR: Price created a distribution channel near Daily OB and it went up and touch the Daily OB b4 going down immediately. 1HR TF: Price created a small distribution channel in the 4 HR Distribution channel before going lower...
Potentially grabbing some liquidity around the 1.19175 area and retesting the order block (1HR TF) on 19 Jul. If price heads higher will add another short order at 50% of the order block. Potentially heading down to grab liquidity around 1.17863 area. Vice versa, if price broke and closes above the order block, we could expect price to continue higher.
Prices collected liquidity on 28 Aug (4hr TF) around 0.8923 area, heading back to retest order block on 28 Aug (4HR TF). Potentially heading down towards next liquidity area around 0.88819 (TP area). Will add another short (Short 2) if prices hit the 50% mark of the order block. If price broke above the order block and closes above the white resistance line, it...
Potentially grabbing some liquidity around below the 105.165 area and retesting the order block (4HR TF) on 31 Jul. If price heads lower will add another long order at 50% of the order block. Potentially heading up to grab liquidity around 106.970 area. Vice versa, if price broke and closes below the order block, we could expect price to continue lower.
1) Daily descending channel (Possible reversal trend setup to the upside) 2) Possible retest of monthly Red Trendline 3) Slight 4H green descending channel (Possible reversal trend setup to the upside)
1) Huge weekly bearish pinbar @ monthly trendline, possible reversal to the downside 2) 4H ascending channel to monthly red trendline and rejected, wait for breakout of bottom trendline of ascending channel, possible reversal setup to the downside.
1) Wait for Potential HnS pattern to form 2) Wait for retracement to fib level 61.8% 3 Short when rejection candle close and rejects 61.8% and monthly trendline (Red line)
Waiting for a retrace and potentially a continuation upwards.
HnS forming on the 1hr chart, head rejected at the top of the supply zone and shoulders were nicely rejected at the bottom of supply zone. Potential downside. RSI and MACD divergence.
Strong rejection at demand zone, potentially moving upwards
Waiting for HnS to form Potential downside to the bottom trendline and then up again
Forcasting another bullish pennent b4 going up!
HnS setup on a weekly chart, retest neckline of HnS at 61.8% fib retracement level, possible downside targeting 161.8% fib extens. What are y’all guys thought? Do let me know.
Right shoulder of HnS forming at 61.8 fib. retracement level, potential downside to 161.8% fib extensions level
Scenarios 1) Possible HnS forming, possibly right shoulder forming at 61.8% retracement level and potentially going down. 2) retest of top of upward trendline the 2nd time potentially upwards momentum. We will see how this plays out whether it will break the 61.8% retracement. What are yall thoughts do let me know.